Annual GDP growth in Central America
Central America: Annual GDP growth was 1.8% in 2024. ◆ Volatile
Annual GDP growth in Central America, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual gdp growth in Central America is 1.8%, measured in 2024.
That represents a change of down 50.1% on the previous year and down 33.6% over ten years.
Over the whole period, annual gdp growth in Central America peaked at 6.9% in 2021 and was at its lowest, -8.2%, in 2020.
That places Central America 29th out of 34 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Central America, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.9% | — |
| 2001 | -0.1% | -102.6% |
| 2002 | 0.2% | -223.2% |
| 2003 | 1.5% | +831.5% |
| 2004 | 3.7% | +148.8% |
| 2005 | 2.4% | -34.1% |
| 2006 | 5.0% | +107.7% |
| 2007 | 2.8% | -44.8% |
| 2008 | 1.5% | -46.5% |
| 2009 | -5.5% | -467.4% |
| 2010 | 4.9% | -189.0% |
| 2011 | 3.8% | -21.8% |
| 2012 | 3.8% | +0.1% |
| 2013 | 1.3% | -65.5% |
| 2014 | 2.7% | +107.5% |
| 2015 | 2.9% | +7.5% |
| 2016 | 2.1% | -28.9% |
| 2017 | 2.2% | +7.6% |
| 2018 | 2.1% | -5.0% |
| 2019 | 0.1% | -93.5% |
| 2020 | -8.2% | -6075.2% |
| 2021 | 6.9% | -183.5% |
| 2022 | 4.1% | -40.8% |
| 2023 | 3.6% | -11.2% |
| 2024 | 1.8% | -50.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.6% | -5.5% | 5.0% | 10 |
| 2010s | 2.6% | 0.1% | 4.9% | 10 |
| 2020s | 1.6% | -8.2% | 6.9% | 5 |
Countries ranked near Central America
More economy & growth data for Central America
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 136.65 USD (2024)
- Gross Fixed Capital Formation — Value US$ 532,885 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 389,960 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 23.75 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.8466 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.84 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 2.98 % (2024)
- Gross Domestic Product — Annual growth US$ 3.99 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.66 million million USD (2024)
- Gross Domestic Product — Value US$ 2.24 million million USD (2024)
Frequently asked questions
- What is annual gdp growth in Central America?
- Annual gdp growth in Central America was 1.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Central America?
- The highest recorded value was 6.9% in 2021.
- What is the lowest annual gdp growth recorded in Central America?
- The lowest recorded value was -8.2% in 2020.
- How does Central America rank for annual gdp growth?
- Central America ranks 29th out of 34 groups with data for 2024.
- Is annual gdp growth rising or falling in Central America?
- Over the last ten years it is down 33.6%. The long-run trend across the full record is volatile.
- Where does this Central America data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).