Annual growth rate of real GDP per capita in Least Developed Countries (LDCs)
Least Developed Countries (LDCs): Annual growth rate of real GDP per capita was 1.6% in 2024. ▼ Falling
Annual growth rate of real GDP per capita in Least Developed Countries (LDCs), 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Least Developed Countries (LDCs) recorded 1.6% for annual growth rate of real gdp per capita in 2024.
That represents a change of down 61.9% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Least Developed Countries (LDCs) peaked at 6.0% in 2007 and was at its lowest, -0.9%, in 2020.
That places Least Developed Countries (LDCs) 22nd out of 37 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Annual growth rate of real GDP per capita in Least Developed Countries (LDCs), year by year
| Year | % | Change |
|---|---|---|
| 2000 | 2.1% | — |
| 2001 | 3.1% | +47.6% |
| 2002 | 3.2% | +3.2% |
| 2003 | 3.1% | -3.1% |
| 2004 | 4.3% | +38.7% |
| 2005 | 5.0% | +16.3% |
| 2006 | 4.5% | -10.0% |
| 2007 | 6.0% | +33.3% |
| 2008 | 4.3% | -28.3% |
| 2009 | 3.4% | -20.9% |
| 2010 | 4.8% | +41.2% |
| 2011 | 3.1% | -35.4% |
| 2012 | 3.8% | +22.6% |
| 2013 | 4.0% | +5.3% |
| 2014 | 4.2% | +5.0% |
| 2015 | 2.9% | -31.0% |
| 2016 | 2.8% | -3.4% |
| 2017 | 3.1% | +10.7% |
| 2018 | 3.2% | +3.2% |
| 2019 | 3.4% | +6.2% |
| 2020 | -0.9% | -126.5% |
| 2021 | 2.4% | -366.7% |
| 2022 | 2.9% | +20.8% |
| 2023 | 1.6% | -44.8% |
| 2024 | 1.6% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.9% | 2.1% | 6.0% | 10 |
| 2010s | 3.5% | 2.8% | 4.8% | 10 |
| 2020s | 1.5% | -0.9% | 2.9% | 5 |
Countries ranked near Least Developed Countries (LDCs)
More economy & growth data for Least Developed Countries (LDCs)
- Gross Fixed Capital Formation — Value US$, 2015 prices 437,904 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 6.33 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.46 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 31.16 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.21 % (2024)
- Gross Domestic Product — Value US$ 1.51 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 1,271 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,183 USD (2024)
- Gross Domestic Product — Annual growth US$ 5.94 % (2024)
- Gross Fixed Capital Formation — Value US$ 380,646 million USD (2024)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Least Developed Countries (LDCs)?
- Annual growth rate of real gdp per capita in Least Developed Countries (LDCs) was 1.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Least Developed Countries (LDCs)?
- The highest recorded value was 6.0% in 2007.
- What is the lowest annual growth rate of real gdp per capita recorded in Least Developed Countries (LDCs)?
- The lowest recorded value was -0.9% in 2020.
- How does Least Developed Countries (LDCs) rank for annual growth rate of real gdp per capita?
- Least Developed Countries (LDCs) ranks 22nd out of 37 groups with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Least Developed Countries (LDCs)?
- Over the last ten years it is down 61.9%. The long-run trend across the full record is falling.
- Where does this Least Developed Countries (LDCs) data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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