Annual GDP growth in Small island developing States (SIDS)
Small island developing States (SIDS): Annual GDP growth was 4.3% in 2024. ◆ Volatile
Annual GDP growth in Small island developing States (SIDS), 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual gdp growth in Small island developing States (SIDS) stood at 4.3%.
Compared with earlier readings it is up 103.6% on the previous year and up 40.6% over ten years.
Over the whole period, annual gdp growth in Small island developing States (SIDS) peaked at 6.9% in 2021 and was at its lowest, -6.3%, in 2020.
Small island developing States (SIDS) ranks 8th of 22 regions 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 Small island developing States (SIDS), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 5.5% | — |
| 2001 | 2.0% | -63.2% |
| 2002 | 2.6% | +28.3% |
| 2003 | 2.8% | +7.8% |
| 2004 | 6.8% | +145.5% |
| 2005 | 4.6% | -32.4% |
| 2006 | 6.0% | +31.0% |
| 2007 | 5.3% | -11.8% |
| 2008 | 1.5% | -71.9% |
| 2009 | -0.4% | -125.3% |
| 2010 | 6.6% | -1856.8% |
| 2011 | 3.3% | -49.5% |
| 2012 | 2.8% | -15.3% |
| 2013 | 3.1% | +10.4% |
| 2014 | 3.0% | -3.1% |
| 2015 | 2.7% | -11.9% |
| 2016 | 2.3% | -12.3% |
| 2017 | 2.5% | +6.5% |
| 2018 | 2.2% | -10.4% |
| 2019 | 1.7% | -23.2% |
| 2020 | -6.3% | -464.7% |
| 2021 | 6.9% | -210.9% |
| 2022 | 4.8% | -30.6% |
| 2023 | 2.1% | -56.6% |
| 2024 | 4.3% | +103.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.7% | -0.4% | 6.8% | 10 |
| 2010s | 3.0% | 1.7% | 6.6% | 10 |
| 2020s | 2.4% | -6.3% | 6.9% | 5 |
Countries ranked near Small island developing States (SIDS)
More economy & growth data for Small island developing States (SIDS)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 2.6 % (2024)
- Gross Domestic Product — Value US$ 1.27 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 17,586 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 12,595 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 911,879 million USD (2024)
- Gross Domestic Product — Annual growth US$ 8 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 7.14 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.62 % (2024)
- Gross Fixed Capital Formation — Value US$ 233,566 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 3.6 % (2024)
Frequently asked questions
- What is annual gdp growth in Small island developing States (SIDS)?
- Annual gdp growth in Small island developing States (SIDS) was 4.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Small island developing States (SIDS)?
- The highest recorded value was 6.9% in 2021.
- What is the lowest annual gdp growth recorded in Small island developing States (SIDS)?
- The lowest recorded value was -6.3% in 2020.
- How does Small island developing States (SIDS) rank for annual gdp growth?
- Small island developing States (SIDS) ranks 8th out of 22 regions with data for 2024.
- Is annual gdp growth rising or falling in Small island developing States (SIDS)?
- Over the last ten years it is up 40.6%. The long-run trend across the full record is volatile.
- Where does this Small island developing States (SIDS) 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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