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.
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 206th out of 226 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 | Value | 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% |
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 — Annual growth US$, 2015 prices 3.74 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.11 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 15.03 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 13.74 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 6,546 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 7,131 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.97 % (2024)
- Gross Domestic Product — Value US$ 51,880 million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 3,365 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 43,564 million USD (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 206th out of 226 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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