Annual GDP growth in Northern America
Northern America: Annual GDP growth was 2.7% in 2024. ◆ Volatile
Latest (2024)
2.7%
Change on year
down 3.0%
Rank
18th
of 34 groups
All-time high
6.0%
in 2021
All-time low
-2.6%
in 2009
Years of data
25
2000–2024
Annual GDP growth in Northern America, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Northern America recorded 2.7% for annual gdp growth in 2024.
That represents a change of down 3.0% on the previous year and up 5.9% over ten years.
Over the whole period, annual gdp growth in Northern America peaked at 6.0% in 2021 and was at its lowest, -2.6%, in 2009.
Northern America ranks 18th of 34 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Northern America, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.2% | — |
| 2001 | 1.0% | -75.2% |
| 2002 | 1.8% | +74.8% |
| 2003 | 2.7% | +50.8% |
| 2004 | 3.8% | +39.4% |
| 2005 | 3.5% | -8.6% |
| 2006 | 2.8% | -19.8% |
| 2007 | 2.0% | -27.6% |
| 2008 | 0.2% | -90.9% |
| 2009 | -2.6% | -1525.5% |
| 2010 | 2.7% | -204.6% |
| 2011 | 1.7% | -38.1% |
| 2012 | 2.2% | +33.0% |
| 2013 | 2.1% | -4.9% |
| 2014 | 2.5% | +19.5% |
| 2015 | 2.8% | +8.2% |
| 2016 | 1.8% | -36.3% |
| 2017 | 2.5% | +42.4% |
| 2018 | 2.9% | +17.8% |
| 2019 | 2.5% | -14.2% |
| 2020 | -2.4% | -194.4% |
| 2021 | 6.0% | -353.2% |
| 2022 | 2.6% | -56.3% |
| 2023 | 2.8% | +5.4% |
| 2024 | 2.7% | -3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.9% | -2.6% | 4.2% | 10 |
| 2010s | 2.4% | 1.7% | 2.9% | 10 |
| 2020s | 2.4% | -2.4% | 6.0% | 5 |
Countries ranked near Northern America
- 15 Togo 6.5% compare
- 15 Türkiye 3.3% compare
- 16 Uzbekistan 6.5% compare
- 17 India 6.5% compare
- 18 Mauritania 6.3% compare
- 19 Turkmenistan 6.3% compare
- 20 Senegal 6.1% compare
- 21 Timor-Leste -9.1% compare
- 21 Uganda 6.1% compare
More economy & growth data for Northern America
- Gross Domestic Product — Value US$ 31.41 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 5.13 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 24.50 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 63,589 USD (2024)
- Gross Domestic Product — Value US$ per capita 81,512 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 5.85 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 22.11 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 21.64 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.47 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.12 % (2024)
Frequently asked questions
- What is annual gdp growth in Northern America?
- Annual gdp growth in Northern America was 2.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Northern America?
- The highest recorded value was 6.0% in 2021.
- What is the lowest annual gdp growth recorded in Northern America?
- The lowest recorded value was -2.6% in 2009.
- How does Northern America rank for annual gdp growth?
- Northern America ranks 18th out of 34 groups with data for 2024.
- Is annual gdp growth rising or falling in Northern America?
- Over the last ten years it is up 5.9%. The long-run trend across the full record is volatile.
- Where does this Northern 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).