Annual growth rate of real GDP per capita (%) in Melanesia
Melanesia: Annual growth rate of real GDP per capita (%) was -1.8% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Melanesia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth rate of real gdp per capita in Melanesia stood at -1.8%.
The figure is down 178.3% on the previous year and down 130.5% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Melanesia peaked at 5.9% in 2014 and was at its lowest, -6.6%, in 2020.
That places Melanesia 208th out of 228 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita (%) in Melanesia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -4.1% | — |
| 2001 | -2.3% | -43.9% |
| 2002 | -0.8% | -65.2% |
| 2003 | 1.1% | -237.5% |
| 2004 | -0.4% | -136.4% |
| 2005 | 0.6% | -250.0% |
| 2006 | 0.6% | +0.0% |
| 2007 | 2.4% | +300.0% |
| 2008 | -2.2% | -191.7% |
| 2009 | 1.4% | -163.6% |
| 2010 | 5.2% | +271.4% |
| 2011 | -0.2% | -103.8% |
| 2012 | 0.6% | -400.0% |
| 2013 | 0.8% | +33.3% |
| 2014 | 5.9% | +637.5% |
| 2015 | 2.1% | -64.4% |
| 2016 | 1.3% | -38.1% |
| 2017 | 1.0% | -23.1% |
| 2018 | -1.6% | -260.0% |
| 2019 | 0.2% | -112.5% |
| 2020 | -6.6% | -3400.0% |
| 2021 | -3.1% | -53.0% |
| 2022 | 4.2% | -235.5% |
| 2023 | 2.3% | -45.2% |
| 2024 | -1.8% | -178.3% |
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita (%) in Melanesia 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 |
|---|---|---|---|
| 2020 | -3400.0% | 0.2% | -6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.4% | -4.1% | 2.4% | 10 |
| 2010s | 1.5% | -1.6% | 5.9% | 10 |
| 2020s | -1.0% | -6.6% | 4.2% | 5 |
Countries ranked near Melanesia
More economy & growth data for Melanesia
- Gross Domestic Product — Value US$, 2015 prices 43,564 million USD (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 2.11 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 1.98 % change on previous year (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.74 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.32 % (2024)
- Gross Domestic Product — Annual growth US$ 5.12 % (2024)
- Gross Domestic Product — Value US$ 51,880 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 1.98 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.11 % (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 3.74 % change on previous year (2024)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Melanesia?
- Annual growth rate of real gdp per capita in Melanesia was -1.8% 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 Melanesia?
- The highest recorded value was 5.9% in 2014.
- What is the lowest annual growth rate of real gdp per capita recorded in Melanesia?
- The lowest recorded value was -6.6% in 2020.
- How does Melanesia rank for annual growth rate of real gdp per capita?
- Melanesia ranks 208th out of 228 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Melanesia?
- Over the last ten years it is down 130.5%. The long-run trend across the full record is volatile.
- Where does this Melanesia 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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