Annual GDP growth in Southern Asia
Southern Asia: Annual GDP growth was 5.7% in 2024. ▼ Falling
Annual GDP growth in Southern Asia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual gdp growth in Southern Asia is 5.7%, measured in 2024.
That represents a change of down 22.4% on the previous year and down 14.0% over ten years.
Over the whole period, annual gdp growth in Southern Asia peaked at 8.2% in 2021 and was at its lowest, -3.6%, in 2020.
That places Southern Asia 6th 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 Southern Asia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.4% | — |
| 2001 | 4.0% | -10.1% |
| 2002 | 4.5% | +13.7% |
| 2003 | 7.5% | +64.5% |
| 2004 | 6.9% | -7.2% |
| 2005 | 6.8% | -2.2% |
| 2006 | 7.1% | +5.4% |
| 2007 | 7.3% | +2.6% |
| 2008 | 2.7% | -62.5% |
| 2009 | 5.9% | +114.8% |
| 2010 | 7.1% | +20.4% |
| 2011 | 4.7% | -34.3% |
| 2012 | 3.9% | -16.7% |
| 2013 | 4.9% | +25.2% |
| 2014 | 6.6% | +35.2% |
| 2015 | 6.0% | -8.3% |
| 2016 | 7.9% | +31.1% |
| 2017 | 6.0% | -23.6% |
| 2018 | 5.0% | -16.5% |
| 2019 | 3.2% | -36.8% |
| 2020 | -3.6% | -212.4% |
| 2021 | 8.2% | -329.0% |
| 2022 | 6.5% | -20.7% |
| 2023 | 7.3% | +12.1% |
| 2024 | 5.7% | -22.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.7% | 2.7% | 7.5% | 10 |
| 2010s | 5.5% | 3.2% | 7.9% | 10 |
| 2020s | 4.8% | -3.6% | 8.2% | 5 |
Countries ranked near Southern Asia
More economy & growth data for Southern Asia
- Gross Domestic Product — Value US$ per capita, 2015 prices 2,420 USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 5.58 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 8.34 % (2024)
- Gross Domestic Product — Annual growth US$ 9.45 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 5.00 million million USD (2024)
- Gross Domestic Product — Value US$ 5.31 million million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 6.03 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.42 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 4.51 % (2024)
- Gross Domestic Product — Value US$ per capita 2,572 USD (2024)
Frequently asked questions
- What is annual gdp growth in Southern Asia?
- Annual gdp growth in 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 Southern Asia?
- The highest recorded value was 8.2% in 2021.
- What is the lowest annual gdp growth recorded in Southern Asia?
- The lowest recorded value was -3.6% in 2020.
- How does Southern Asia rank for annual gdp growth?
- Southern Asia ranks 6th out of 34 groups with data for 2024.
- Is annual gdp growth rising or falling in Southern Asia?
- Over the last ten years it is down 14.0%. The long-run trend across the full record is falling.
- Where does this 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.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).