Cash surplus/deficit as a proportion of GDP in Melanesia
Melanesia: Cash surplus/deficit as a proportion of GDP was -21.7% in 2023. ▼ Falling
Latest (2023)
-21.7%
Change on year
up 0.1%
World rank
57th
of 162 countries
All-time high
-18.8%
in 2017
All-time low
-23.4%
in 2020
Years of data
10
2014–2023
Cash surplus/deficit as a proportion of GDP in Melanesia, 2014–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Melanesia recorded -21.7% for cash surplus/deficit as a proportion of gdp in 2023.
The figure is up 0.1% on the previous year and up 4.6% over ten years.
Over the whole period, cash surplus/deficit as a proportion of gdp in Melanesia peaked at -18.8% in 2017 and was at its lowest, -23.4%, in 2020.
That places Melanesia 57th out of 162 countries with data for 2023, putting it in the middle of the range.
Cash surplus/deficit as a proportion of GDP in Melanesia, year by year
| Year | % | Change |
|---|---|---|
| 2014 | -22.8% | — |
| 2015 | -21.7% | -4.6% |
| 2016 | -20.1% | -7.5% |
| 2017 | -18.8% | -6.6% |
| 2018 | -20.3% | +8.5% |
| 2019 | -21.1% | +3.7% |
| 2020 | -23.4% | +11.1% |
| 2021 | -23.1% | -1.4% |
| 2022 | -21.7% | -6.1% |
| 2023 | -21.7% | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -20.8% | -22.8% | -18.8% | 6 |
| 2020s | -22.5% | -23.4% | -21.7% | 4 |
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 cash surplus/deficit as a proportion of gdp in Melanesia?
- Cash surplus/deficit as a proportion of gdp in Melanesia was -21.7% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest cash surplus/deficit as a proportion of gdp recorded in Melanesia?
- The highest recorded value was -18.8% in 2017.
- What is the lowest cash surplus/deficit as a proportion of gdp recorded in Melanesia?
- The lowest recorded value was -23.4% in 2020.
- How does Melanesia rank for cash surplus/deficit as a proportion of gdp?
- Melanesia ranks 57th out of 162 countries with data for 2023.
- Is cash surplus/deficit as a proportion of gdp rising or falling in Melanesia?
- Over the last ten years it is up 4.6%. The long-run trend across the full record is falling.
- Where does this Melanesia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Cash surplus/deficit as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under UN SDG Global Database (open, attribution requested).