Annual growth of the general government final consumption expenditure in Small island developing States (SIDS)
Small island developing States (SIDS): Annual growth of the general government final consumption expenditure was 2.0% in 2024. ◆ Volatile
Annual growth of the general government final consumption expenditure in Small island developing States (SIDS), 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of the general government final consumption expenditure in Small island developing States (SIDS) is 2.0%, measured in 2024.
That represents a change of up 183.1% on the previous year and up 48.4% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Small island developing States (SIDS) peaked at 6.4% in 2000 and was at its lowest, -2.4%, in 2023.
That places Small island developing States (SIDS) 12th out of 32 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the general government final consumption expenditure in Small island developing States (SIDS), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 6.4% | — |
| 2001 | 4.8% | -25.5% |
| 2002 | 4.8% | +1.6% |
| 2003 | 1.5% | -69.0% |
| 2004 | 3.4% | +127.9% |
| 2005 | 6.3% | +83.9% |
| 2006 | 6.2% | -0.5% |
| 2007 | 5.6% | -10.6% |
| 2008 | 2.7% | -51.2% |
| 2009 | 3.5% | +27.6% |
| 2010 | 4.1% | +18.9% |
| 2011 | -0.9% | -121.6% |
| 2012 | 0.1% | -114.3% |
| 2013 | 4.3% | +3256.4% |
| 2014 | 1.4% | -68.1% |
| 2015 | 2.7% | +98.4% |
| 2016 | 1.2% | -54.8% |
| 2017 | 2.9% | +138.8% |
| 2018 | 2.2% | -23.8% |
| 2019 | 4.2% | +88.4% |
| 2020 | 3.1% | -27.3% |
| 2021 | 6.0% | +98.0% |
| 2022 | 0.4% | -93.1% |
| 2023 | -2.4% | -683.3% |
| 2024 | 2.0% | -183.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.5% | 1.5% | 6.4% | 10 |
| 2010s | 2.2% | -0.9% | 4.3% | 10 |
| 2020s | 1.8% | -2.4% | 6.0% | 5 |
Countries ranked near Small island developing States (SIDS)
- 9 Nepal 13.3% compare
- 10 Togo 12.7% compare
- 11 Guinea-Bissau 11.8% compare
- 12 Central African Republic 11.2% compare
- 13 Gambia 9.8% compare
- 14 Bangladesh 9.8% compare
- 15 United Republic of Tanzania 9.5% compare
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 growth of the general government final consumption expenditure in Small island developing States (SIDS)?
- Annual growth of the general government final consumption expenditure in Small island developing States (SIDS) was 2.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Small island developing States (SIDS)?
- The highest recorded value was 6.4% in 2000.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Small island developing States (SIDS)?
- The lowest recorded value was -2.4% in 2023.
- How does Small island developing States (SIDS) rank for annual growth of the general government final consumption expenditure?
- Small island developing States (SIDS) ranks 12th out of 32 groups with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Small island developing States (SIDS)?
- Over the last ten years it is up 48.4%. 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 growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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