Annual GDP growth in Oceania (exc. Australia and New Zealand)
Oceania (exc. Australia and New Zealand): Annual GDP growth was 3.3% in 2024. ◆ Volatile
Annual GDP growth in Oceania (exc. Australia and New Zealand), 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Oceania (exc. Australia and New Zealand) recorded 3.3% for annual gdp growth in 2024.
The figure is down 25.3% on the previous year and down 55.5% over ten years.
Over the whole period, annual gdp growth in Oceania (exc. Australia and New Zealand) peaked at 7.5% in 2014 and was at its lowest, -7.1%, in 2020.
Oceania (exc. Australia and New Zealand) ranks 17th of 37 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 Oceania (exc. Australia and New Zealand), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -0.8% | — |
| 2001 | 0.2% | -119.6% |
| 2002 | 0.7% | +363.2% |
| 2003 | 1.8% | +148.8% |
| 2004 | 2.9% | +62.7% |
| 2005 | 2.8% | -2.8% |
| 2006 | 1.8% | -37.9% |
| 2007 | 3.3% | +85.1% |
| 2008 | 0.2% | -95.0% |
| 2009 | 1.3% | +732.2% |
| 2010 | 5.0% | +273.7% |
| 2011 | 0.7% | -85.7% |
| 2012 | 2.4% | +237.0% |
| 2013 | 2.8% | +14.0% |
| 2014 | 7.5% | +171.4% |
| 2015 | 4.5% | -39.6% |
| 2016 | 4.4% | -2.6% |
| 2017 | 3.8% | -14.8% |
| 2018 | 0.0% | -99.4% |
| 2019 | 2.9% | +13217.0% |
| 2020 | -7.1% | -348.3% |
| 2021 | -0.1% | -98.3% |
| 2022 | 6.1% | -5202.5% |
| 2023 | 4.5% | -26.3% |
| 2024 | 3.3% | -25.3% |
Biggest year-on-year movements
Years where Annual GDP growth in Oceania (exc. Australia and New Zealand) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | +13217.0% | 0.0% | 2.9% |
| 2022 | +5202.5% | -0.1% | 6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.4% | -0.8% | 3.3% | 10 |
| 2010s | 3.4% | 0.0% | 7.5% | 10 |
| 2020s | 1.3% | -7.1% | 6.1% | 5 |
Countries ranked near Oceania (exc. Australia and New Zealand)
More economy & growth data for Oceania (exc. Australia and New Zealand)
- Foreign direct investment (FDI) inflows 1,348 (2024)
- Annual growth rate of real GDP per employed person 0.6% (2025)
- Manufacturing value added (constant 2020 United States dollars) as a 5.3% (2025)
- Annual growth rate of real GDP per capita -1.3% (2024)
- Manufacturing value added (current United States dollars) as a 4.5% (2024)
- Merchandise trade as a proportion of GDP 54.9% (2024)
- Foreign direct investment, net inflows, as a proportion of GDP 1.4% (2024)
- Domestic material consumption per unit of GDP, by type of raw material 1.99 (2022)
- Volume of remittances (in United States dollars) as a proportion of 2.2% (2024)
- Agriculture value added share of GDP 14.3% (2024)
Frequently asked questions
- What is annual gdp growth in Oceania (exc. Australia and New Zealand)?
- Annual gdp growth in Oceania (exc. Australia and New Zealand) was 3.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Oceania (exc. Australia and New Zealand)?
- The highest recorded value was 7.5% in 2014.
- What is the lowest annual gdp growth recorded in Oceania (exc. Australia and New Zealand)?
- The lowest recorded value was -7.1% in 2020.
- How does Oceania (exc. Australia and New Zealand) rank for annual gdp growth?
- Oceania (exc. Australia and New Zealand) ranks 17th out of 37 groups with data for 2024.
- Is annual gdp growth rising or falling in Oceania (exc. Australia and New Zealand)?
- Over the last ten years it is down 55.5%. The long-run trend across the full record is volatile.
- Where does this Oceania (exc. Australia and New Zealand) 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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