Annual GDP growth in Least Developed Countries (LDCs)
Least Developed Countries (LDCs): Annual GDP growth was 3.9% in 2024. ▼ Falling
Annual GDP growth in Least Developed Countries (LDCs), 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual gdp growth in Least Developed Countries (LDCs) is 3.9%, measured in 2024.
Compared with earlier readings it is up 27.3% on the previous year and down 27.9% over ten years.
Over the whole period, annual gdp growth in Least Developed Countries (LDCs) peaked at 7.4% in 2005 and was at its lowest, -0.1%, in 2020.
That places Least Developed Countries (LDCs) 11th out of 22 regions with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Annual GDP growth in Least Developed Countries (LDCs), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.3% | — |
| 2001 | 4.9% | +14.7% |
| 2002 | 5.4% | +10.6% |
| 2003 | 5.2% | -4.9% |
| 2004 | 6.5% | +27.0% |
| 2005 | 7.4% | +13.1% |
| 2006 | 6.9% | -7.4% |
| 2007 | 7.3% | +5.8% |
| 2008 | 6.5% | -11.0% |
| 2009 | 4.2% | -34.5% |
| 2010 | 6.3% | +50.0% |
| 2011 | 3.3% | -47.4% |
| 2012 | 3.3% | -0.8% |
| 2013 | 5.8% | +75.1% |
| 2014 | 5.3% | -7.6% |
| 2015 | 2.8% | -48.6% |
| 2016 | 3.7% | +32.9% |
| 2017 | 4.5% | +23.0% |
| 2018 | 4.7% | +3.6% |
| 2019 | 4.9% | +5.4% |
| 2020 | -0.1% | -101.7% |
| 2021 | 2.9% | -3507.8% |
| 2022 | 4.8% | +65.7% |
| 2023 | 3.0% | -36.2% |
| 2024 | 3.9% | +27.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.8% | 4.2% | 7.4% | 10 |
| 2010s | 4.5% | 2.8% | 6.3% | 10 |
| 2020s | 2.9% | -0.1% | 4.8% | 5 |
Countries ranked near Least Developed Countries (LDCs)
More economy & growth data for Least Developed Countries (LDCs)
- Gross Fixed Capital Formation — Value US$, 2015 prices 437,904 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 6.33 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.46 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 31.16 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.21 % (2024)
- Gross Domestic Product — Value US$ 1.51 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 1,271 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,183 USD (2024)
- Gross Domestic Product — Annual growth US$ 5.94 % (2024)
- Gross Fixed Capital Formation — Value US$ 380,646 million USD (2024)
Frequently asked questions
- What is annual gdp growth in Least Developed Countries (LDCs)?
- Annual gdp growth in Least Developed Countries (LDCs) was 3.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Least Developed Countries (LDCs)?
- The highest recorded value was 7.4% in 2005.
- What is the lowest annual gdp growth recorded in Least Developed Countries (LDCs)?
- The lowest recorded value was -0.1% in 2020.
- How does Least Developed Countries (LDCs) rank for annual gdp growth?
- Least Developed Countries (LDCs) ranks 11th out of 22 regions with data for 2024.
- Is annual gdp growth rising or falling in Least Developed Countries (LDCs)?
- Over the last ten years it is down 27.9%. The long-run trend across the full record is falling.
- Where does this Least Developed Countries (LDCs) 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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CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).