GDP growth in Northern Mariana Islands
Northern Mariana Islands: GDP growth was 16.6% in 2022. ◆ Volatile
GDP growth in Northern Mariana Islands, 2003–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
The most recent figure for gdp growth in Northern Mariana Islands is 16.6%, measured in 2022.
The figure is up 234.9% on the previous year and up 1,952.6% over ten years.
Over the whole period, gdp growth in Northern Mariana Islands peaked at 29.2% in 2016 and was at its lowest, -29.1%, in 2020.
That places Northern Mariana Islands 2nd out of 213 countries with data for 2022, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth in Northern Mariana Islands, year by year
| Year | annual % | Change |
|---|---|---|
| 2003 | 0.3% | — |
| 2004 | -3.1% | -996.9% |
| 2005 | -12.7% | +312.7% |
| 2006 | -6.9% | -45.9% |
| 2007 | -6.7% | -2.7% |
| 2008 | -11.1% | +65.6% |
| 2009 | -17.6% | +58.7% |
| 2010 | 1.4% | -107.9% |
| 2011 | -7.4% | -629.0% |
| 2012 | 0.8% | -111.0% |
| 2013 | 2.7% | +230.7% |
| 2014 | 4.2% | +55.8% |
| 2015 | 3.4% | -19.0% |
| 2016 | 29.2% | +763.4% |
| 2017 | 23.2% | -20.7% |
| 2018 | -19.5% | -184.1% |
| 2019 | -11.4% | -41.3% |
| 2020 | -29.1% | +153.9% |
| 2021 | 5.0% | -117.1% |
| 2022 | 16.6% | +234.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -8.2% | -17.6% | 0.3% | 7 |
| 2010s | 2.7% | -19.5% | 29.2% | 10 |
| 2020s | -2.5% | -29.1% | 16.6% | 3 |
Countries ranked near Northern Mariana Islands
More economy & growth data for Northern Mariana Islands
- GDP deflator 134.81 base year varies by country (2022)
- GDP per capita 23,786 current LCU (2022)
- GDP per capita 23,786 current US$ (2022)
- GDP 813.00 million constant LCU (2022)
- GDP 896.76 million constant 2015 US$ (2022)
- GDP (constant 2015 US$), per capita 19,462 constant 2015 US$ per person (2022)
- GDP 1.10 billion current LCU (2022)
- GDP 1.10 billion current US$ (2022)
- GDP (constant 2015 US$), annual growth rate 16.64 % change on previous year (2022)
- External balance on goods and services -48.6% (2022)
Frequently asked questions
- What is gdp growth in Northern Mariana Islands?
- Gdp growth in Northern Mariana Islands was 16.6% in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in Northern Mariana Islands?
- The highest recorded value was 29.2% in 2016.
- What is the lowest gdp growth recorded in Northern Mariana Islands?
- The lowest recorded value was -29.1% in 2020.
- How does Northern Mariana Islands rank for gdp growth?
- Northern Mariana Islands ranks 2nd out of 213 countries with data for 2022.
- Is gdp growth rising or falling in Northern Mariana Islands?
- Over the last ten years it is up 1,952.6%. The long-run trend across the full record is volatile.
- Where does this Northern Mariana Islands 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.