GDP growth in American Samoa
American Samoa: GDP growth was 1.7% in 2022. ◆ Volatile
GDP growth in American Samoa, 2003–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
American Samoa recorded 1.7% for gdp growth in 2022.
That represents a change of up 321.7% on the previous year and up 140.0% over ten years.
Over the whole period, gdp growth in American Samoa peaked at 4.4% in 2020 and was at its lowest, -7.0%, in 2017.
American Samoa ranks 156th of 213 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth in American Samoa, year by year
| Year | annual % | Change |
|---|---|---|
| 2003 | 1.0% | — |
| 2004 | 0.4% | -57.6% |
| 2005 | -0.4% | -199.6% |
| 2006 | -4.1% | +904.1% |
| 2007 | 1.9% | -145.2% |
| 2008 | -2.7% | -243.5% |
| 2009 | -4.2% | +56.8% |
| 2010 | 0.3% | -107.2% |
| 2011 | 0.0% | -100.0% |
| 2012 | -4.3% | — |
| 2013 | -2.5% | -42.3% |
| 2014 | 1.8% | -170.5% |
| 2015 | 3.1% | +78.7% |
| 2016 | -1.7% | -153.3% |
| 2017 | -7.0% | +316.1% |
| 2018 | 2.7% | -138.2% |
| 2019 | -0.5% | -118.3% |
| 2020 | 4.4% | -1004.4% |
| 2021 | -0.8% | -117.7% |
| 2022 | 1.7% | -321.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.2% | -4.2% | 1.9% | 7 |
| 2010s | -0.8% | -7.0% | 3.1% | 10 |
| 2020s | 1.8% | -0.8% | 4.4% | 3 |
Countries ranked near American Samoa
More economy & growth data for American Samoa
- GDP 871.00 million current US$ (2022)
- GDP per capita 13,342 constant LCU (2022)
- GDP per capita growth 3.6% (2022)
- GDP per capita 13,709 constant 2015 US$ (2022)
- GDP per capita 18,018 current US$ (2022)
- GDP 645.00 million constant LCU (2022)
- GDP 662.73 million constant 2015 US$ (2022)
- GDP 871.00 million current LCU (2022)
- External balance on goods and services -268.00 million current LCU (2022)
- External balance on goods and services -30.8% (2022)
Frequently asked questions
- What is gdp growth in American Samoa?
- Gdp growth in American Samoa was 1.7% in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in American Samoa?
- The highest recorded value was 4.4% in 2020.
- What is the lowest gdp growth recorded in American Samoa?
- The lowest recorded value was -7.0% in 2017.
- How does American Samoa rank for gdp growth?
- American Samoa ranks 156th out of 213 countries with data for 2022.
- Is gdp growth rising or falling in American Samoa?
- Over the last ten years it is up 140.0%. The long-run trend across the full record is volatile.
- Where does this American Samoa data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.