GNI (constant 2015 US$), annual growth rate in Small states

Small states: GNI (constant 2015 US$), annual growth rate was 2.94 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.94 % change on previous year
Change on year
up 57.9%
Rank
10th
of 26 groups
All-time high
8.84 % change on previous year
in 2021
All-time low
-9.61 % change on previous year
in 2020
Years of data
16
2009–2024

GNI (constant 2015 US$), annual growth rate in Small states, 2009–2024

-10-505102009201620242009: -7.5 % change on previous year2010: 2.6 % change on previous year2011: 6.9 % change on previous year2012: 0.368 % change on previous year2013: 2 % change on previous year2014: 1.6 % change on previous year2015: 3 % change on previous year2016: 2.6 % change on previous year2017: 5.5 % change on previous year2018: 3.1 % change on previous year2019: 3.8 % change on previous year2020: -9.6 % change on previous year2021: 8.8 % change on previous year2022: 5.3 % change on previous year2023: 1.9 % change on previous year2024: 2.9 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gni (constant 2015 us$), annual growth rate in Small states is 2.94 % change on previous year, measured in 2024.

Compared with earlier readings it is up 57.9% on the previous year and up 82.8% over ten years.

Over the whole period, gni (constant 2015 us$), annual growth rate in Small states peaked at 8.84 % change on previous year in 2021 and was at its lowest, -9.61 % change on previous year, in 2020.

Small states ranks 10th of 26 groups 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.

GNI (constant 2015 US$), annual growth rate in Small states, year by year

Annual values for GNI (constant 2015 US$), annual growth rate in Small states, 2009 to 2024.
Year % change on previous year Change
2009 -7.46 % change on previous year
2010 2.62 % change on previous year -135.1%
2011 6.92 % change on previous year +164.3%
2012 0.3677 % change on previous year -94.7%
2013 1.97 % change on previous year +434.5%
2014 1.61 % change on previous year -18.2%
2015 2.97 % change on previous year +84.9%
2016 2.58 % change on previous year -13.2%
2017 5.54 % change on previous year +114.6%
2018 3.14 % change on previous year -43.3%
2019 3.79 % change on previous year +20.9%
2020 -9.61 % change on previous year -353.4%
2021 8.84 % change on previous year -191.9%
2022 5.27 % change on previous year -40.4%
2023 1.86 % change on previous year -64.7%
2024 2.94 % change on previous year +57.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s -7.46 % change on previous year -7.46 % change on previous year -7.46 % change on previous year 1
2010s 3.15 % change on previous year 0.3677 % change on previous year 6.92 % change on previous year 10
2020s 1.86 % change on previous year -9.61 % change on previous year 8.84 % change on previous year 5

Countries ranked near Small states

  1. 7 Kyrgyzstan 12.31 % change on previous year compare
  2. 8 Nicaragua 11.47 % change on previous year compare
  3. 9 Sao Tome and Principe 11.07 % change on previous year compare
  4. 10 Cote d'Ivoire 10.85 % change on previous year compare
  5. 11 Palau 10.77 % change on previous year compare
  6. 12 Bhutan 10.4 % change on previous year compare
  7. 13 Maldives 10.37 % change on previous year compare

See the full ranking of 186 places →

More economy & growth data for Small states

All data for Small states →

Frequently asked questions

What is gni (constant 2015 us$), annual growth rate in Small states?
Gni (constant 2015 us$), annual growth rate in Small states was 2.94 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gni (constant 2015 us$), annual growth rate recorded in Small states?
The highest recorded value was 8.84 % change on previous year in 2021.
What is the lowest gni (constant 2015 us$), annual growth rate recorded in Small states?
The lowest recorded value was -9.61 % change on previous year in 2020.
How does Small states rank for gni (constant 2015 us$), annual growth rate?
Small states ranks 10th out of 26 groups with data for 2024.
Is gni (constant 2015 us$), annual growth rate rising or falling in Small states?
Over the last ten years it is up 82.8%. The long-run trend across the full record is volatile.
Where does this Small states data come from?
The figures come from Statizoid (derived), published as part of GNI (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.

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GNI (constant 2015 US$), annual growth rate in Small states. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gni-constant-2015-us-annual-growth-rate/small-states/

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How this figure is calculated

The year-on-year percentage change in GNI (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GNI (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
186 places, 6,667 data points, 1961–2025
Last refreshed

The year-on-year percentage change in GNI (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.