Annual growth rate of real GDP per capita in Western Asia
Western Asia: Annual growth rate of real GDP per capita was 0.3% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Western Asia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth rate of real gdp per capita in Western Asia stood at 0.3%.
Compared with earlier readings it is down 70.0% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Western Asia peaked at 7.9% in 2004 and was at its lowest, -5.2%, in 2020.
That places Western Asia 33rd out of 37 groups 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 Western Asia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.1% | — |
| 2001 | -2.3% | -156.1% |
| 2002 | -0.6% | -73.9% |
| 2003 | 1.8% | -400.0% |
| 2004 | 7.9% | +338.9% |
| 2005 | 4.0% | -49.4% |
| 2006 | 4.2% | +5.0% |
| 2007 | 2.4% | -42.9% |
| 2008 | 2.4% | +0.0% |
| 2009 | -2.9% | -220.8% |
| 2010 | 3.4% | -217.2% |
| 2011 | 5.8% | +70.6% |
| 2012 | 2.1% | -63.8% |
| 2013 | 2.1% | +0.0% |
| 2014 | 1.0% | -52.4% |
| 2015 | 1.7% | +70.0% |
| 2016 | 1.6% | -5.9% |
| 2017 | 0.5% | -68.8% |
| 2018 | 1.2% | +140.0% |
| 2019 | 0.3% | -75.0% |
| 2020 | -5.2% | -1833.3% |
| 2021 | 5.3% | -201.9% |
| 2022 | 5.6% | +5.7% |
| 2023 | 0.3% | -94.6% |
| 2024 | 0.3% | +0.0% |
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita in Western Asia 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 | -1833.3% | 0.3% | -5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.1% | -2.9% | 7.9% | 10 |
| 2010s | 2.0% | 0.3% | 5.8% | 10 |
| 2020s | 1.3% | -5.2% | 5.6% | 5 |
Countries ranked near Western Asia
More economy & growth data for Western Asia
- Gross Domestic Product, GDP in millions constant 2021 international $ 4.37 million (2027)
- Gross Domestic Product — Value US$ 4.55 million million USD (2024)
- Gross Fixed Capital Formation — Value US$ 1.19 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 14,704 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 12,408 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.84 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 6.59 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.74 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.8 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 26.15 % (2024)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Western Asia?
- Annual growth rate of real gdp per capita in Western Asia was 0.3% 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 Western Asia?
- The highest recorded value was 7.9% in 2004.
- What is the lowest annual growth rate of real gdp per capita recorded in Western Asia?
- The lowest recorded value was -5.2% in 2020.
- How does Western Asia rank for annual growth rate of real gdp per capita?
- Western Asia ranks 33rd out of 37 groups with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Western Asia?
- Over the last ten years it is down 70.0%. The long-run trend across the full record is volatile.
- Where does this Western Asia 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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