Annual GDP growth in Central and Southern Asia
Central and Southern Asia: Annual GDP growth was 5.7% in 2024. ▼ Falling
Annual GDP growth in Central and Southern Asia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Central and Southern Asia recorded 5.7% for annual gdp growth in 2024.
That represents a change of down 20.8% on the previous year and down 12.5% over ten years.
Over the whole period, annual gdp growth in Central and Southern Asia peaked at 8.0% in 2021 and was at its lowest, -3.3%, in 2020.
That places Central and Southern Asia 5th out of 34 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Annual GDP growth in Central and Southern Asia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.7% | — |
| 2001 | 4.4% | -5.1% |
| 2002 | 4.7% | +7.1% |
| 2003 | 7.5% | +57.2% |
| 2004 | 7.1% | -5.3% |
| 2005 | 7.0% | -1.6% |
| 2006 | 7.4% | +5.7% |
| 2007 | 7.5% | +1.8% |
| 2008 | 3.0% | -59.7% |
| 2009 | 5.7% | +87.9% |
| 2010 | 7.1% | +25.6% |
| 2011 | 5.0% | -30.2% |
| 2012 | 4.1% | -17.9% |
| 2013 | 5.1% | +24.0% |
| 2014 | 6.5% | +28.2% |
| 2015 | 5.8% | -10.6% |
| 2016 | 7.5% | +28.9% |
| 2017 | 5.9% | -20.9% |
| 2018 | 5.0% | -14.9% |
| 2019 | 3.4% | -32.7% |
| 2020 | -3.3% | -197.1% |
| 2021 | 8.0% | -342.9% |
| 2022 | 6.3% | -20.5% |
| 2023 | 7.2% | +12.9% |
| 2024 | 5.7% | -20.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.9% | 3.0% | 7.5% | 10 |
| 2010s | 5.5% | 3.4% | 7.5% | 10 |
| 2020s | 4.8% | -3.3% | 8.0% | 5 |
Countries ranked near Central and Southern Asia
- 2 Cabo Verde 7.2% compare
- 2 Democratic Republic of the Congo 6.1% compare
- 2 Northern Mariana Islands 16.6% compare
- 3 Niger 10.3% compare
- 4 Georgia 9.7% compare
- 5 Kyrgyzstan 9.0% compare
- 6 Rwanda 8.9% compare
- 7 Eritrea 8.7% compare
- 8 Monaco 8.5% compare
More economy & growth data for Central and Southern Asia
- Foreign direct investment (FDI) inflows 37,496 (2024)
- Annual growth rate of real GDP per employed person 3.9% (2025)
- Manufacturing value added (constant 2020 United States dollars) as a 14.7% (2025)
- Manufacturing value added (current United States dollars) as a 14.3% (2024)
- Annual growth rate of real GDP per capita 4.6% (2024)
- Domestic material consumption per unit of GDP, by type of raw material 2.39 (2024)
- Merchandise trade as a proportion of GDP 31.4% (2024)
- Foreign direct investment, net inflows, as a proportion of GDP 0.7% (2024)
- Annual growth of exports of goods and services 4.3% (2024)
- Annual growth of imports of goods and services -1.7% (2024)
Frequently asked questions
- What is annual gdp growth in Central and Southern Asia?
- Annual gdp growth in Central and Southern Asia was 5.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Central and Southern Asia?
- The highest recorded value was 8.0% in 2021.
- What is the lowest annual gdp growth recorded in Central and Southern Asia?
- The lowest recorded value was -3.3% in 2020.
- How does Central and Southern Asia rank for annual gdp growth?
- Central and Southern Asia ranks 5th out of 34 groups with data for 2024.
- Is annual gdp growth rising or falling in Central and Southern Asia?
- Over the last ten years it is down 12.5%. The long-run trend across the full record is falling.
- Where does this Central and Southern Asia 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.
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