Annual growth rate of real GDP per capita in South America
South America: Annual growth rate of real GDP per capita was 2.0% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in South America, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
South America recorded 2.0% for annual growth rate of real gdp per capita in 2024.
That represents a change of up 53.8% on the previous year and up 433.3% over ten years.
Over the whole period, annual growth rate of real gdp per capita in South America peaked at 6.8% in 2021 and was at its lowest, -7.5%, in 2020.
That places South America 18th out of 37 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 rate of real GDP per capita in South America, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.7% | — |
| 2001 | -0.4% | -123.5% |
| 2002 | -1.7% | +325.0% |
| 2003 | 0.4% | -123.5% |
| 2004 | 6.3% | +1475.0% |
| 2005 | 4.2% | -33.3% |
| 2006 | 4.7% | +11.9% |
| 2007 | 5.7% | +21.3% |
| 2008 | 3.9% | -31.6% |
| 2009 | -2.1% | -153.8% |
| 2010 | 5.2% | -347.6% |
| 2011 | 3.9% | -25.0% |
| 2012 | 1.8% | -53.8% |
| 2013 | 2.3% | +27.8% |
| 2014 | -0.6% | -126.1% |
| 2015 | -2.3% | +283.3% |
| 2016 | -4.0% | +73.9% |
| 2017 | -0.7% | -82.5% |
| 2018 | -1.0% | +42.9% |
| 2019 | -1.7% | +70.0% |
| 2020 | -7.5% | +341.2% |
| 2021 | 6.8% | -190.7% |
| 2022 | 3.6% | -47.1% |
| 2023 | 1.3% | -63.9% |
| 2024 | 2.0% | +53.8% |
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita in South America 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 |
|---|---|---|---|
| 2004 | +1475.0% | 0.4% | 6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.3% | -2.1% | 6.3% | 10 |
| 2010s | 0.3% | -4.0% | 5.2% | 10 |
| 2020s | 1.2% | -7.5% | 6.8% | 5 |
Countries ranked near South America
More economy & growth data for South America
- Gross Domestic Product, GDP in millions constant 2021 international $ 9.17 million (2027)
- Gross Domestic Product — Value US$ 4.35 million million USD (2024)
- Gross Fixed Capital Formation — Value US$ 753,486 million USD (2024)
- Gross Domestic Product — Value US$ per capita 9,997 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 9,035 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.93 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 2.44 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 1.83 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -0.3025 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 17.35 % (2024)
Frequently asked questions
- What is annual growth rate of real gdp per capita in South America?
- Annual growth rate of real gdp per capita in South America was 2.0% 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 South America?
- The highest recorded value was 6.8% in 2021.
- What is the lowest annual growth rate of real gdp per capita recorded in South America?
- The lowest recorded value was -7.5% in 2020.
- How does South America rank for annual growth rate of real gdp per capita?
- South America ranks 18th out of 37 groups with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in South America?
- Over the last ten years it is up 433.3%. The long-run trend across the full record is volatile.
- Where does this South America 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.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).