Gross domestic product (GDP), annual growth rate in Montserrat
Montserrat: Gross domestic product (GDP), annual growth rate was 8.13 % change on previous year in 2023. ◆ Volatile
Gross domestic product (GDP), annual growth rate in Montserrat, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, gross domestic product (gdp), annual growth rate in Montserrat stood at 8.13 % change on previous year.
Compared with earlier readings it is up 55.6% on the previous year and up 141.3% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Montserrat peaked at 19.55 % change on previous year in 1990 and was at its lowest, -31.67 % change on previous year, in 1996.
That places Montserrat 13th out of 184 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate in Montserrat, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 2.27 % change on previous year | — |
| 1972 | 2.01 % change on previous year | -11.7% |
| 1973 | 2.42 % change on previous year | +20.4% |
| 1974 | 3.87 % change on previous year | +60.3% |
| 1975 | 6.01 % change on previous year | +55.1% |
| 1976 | -3.81 % change on previous year | -163.5% |
| 1977 | -0.9609 % change on previous year | -74.8% |
| 1978 | 2.44 % change on previous year | -354.2% |
| 1979 | 13.15 % change on previous year | +438.2% |
| 1980 | 9.68 % change on previous year | -26.4% |
| 1981 | 1.84 % change on previous year | -81.0% |
| 1982 | 4.44 % change on previous year | +141.0% |
| 1983 | -3.81 % change on previous year | -185.8% |
| 1984 | 2.37 % change on previous year | -162.3% |
| 1985 | 4.68 % change on previous year | +96.9% |
| 1986 | 4.28 % change on previous year | -8.4% |
| 1987 | 4.76 % change on previous year | +11.1% |
| 1988 | 12.58 % change on previous year | +164.3% |
| 1989 | 18.79 % change on previous year | +49.4% |
| 1990 | 19.55 % change on previous year | +4.0% |
| 1991 | -23.55 % change on previous year | -220.5% |
| 1992 | -7.2 % change on previous year | -69.4% |
| 1993 | -2.87 % change on previous year | -60.1% |
| 1994 | -1.78 % change on previous year | -38.1% |
| 1995 | -10.87 % change on previous year | +511.2% |
| 1996 | -31.67 % change on previous year | +191.5% |
| 1997 | -8.73 % change on previous year | -72.4% |
| 1998 | -21.48 % change on previous year | +146.0% |
| 1999 | -2.27 % change on previous year | -89.4% |
| 2000 | -8.38 % change on previous year | +269.3% |
| 2001 | -5.92 % change on previous year | -29.4% |
| 2002 | 1.91 % change on previous year | -132.3% |
| 2003 | -1.97 % change on previous year | -202.9% |
| 2004 | 2.24 % change on previous year | -213.9% |
| 2005 | 4.55 % change on previous year | +102.7% |
| 2006 | -2.85 % change on previous year | -162.8% |
| 2007 | -2.08 % change on previous year | -27.2% |
| 2008 | 5.74 % change on previous year | -376.3% |
| 2009 | -10.09 % change on previous year | -275.7% |
| 2010 | -3.33 % change on previous year | -67.0% |
| 2011 | 19.36 % change on previous year | -680.8% |
| 2012 | -15.19 % change on previous year | -178.5% |
| 2013 | -19.69 % change on previous year | +29.6% |
| 2014 | 0.8133 % change on previous year | -104.1% |
| 2015 | -12.5 % change on previous year | -1636.5% |
| 2016 | 15.93 % change on previous year | -227.5% |
| 2017 | -7.93 % change on previous year | -149.8% |
| 2018 | 2.88 % change on previous year | -136.3% |
| 2019 | 8.03 % change on previous year | +178.6% |
| 2020 | 12.67 % change on previous year | +57.8% |
| 2021 | -10.38 % change on previous year | -182.0% |
| 2022 | 5.23 % change on previous year | -150.3% |
| 2023 | 8.13 % change on previous year | +55.6% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate in Montserrat 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 |
|---|---|---|---|
| 2015 | -1636.5% | 0.8133 % change on previous year | -12.5 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.04 % change on previous year | -3.81 % change on previous year | 13.15 % change on previous year | 9 |
| 1980s | 5.96 % change on previous year | -3.81 % change on previous year | 18.79 % change on previous year | 10 |
| 1990s | -9.09 % change on previous year | -31.67 % change on previous year | 19.55 % change on previous year | 10 |
| 2000s | -1.68 % change on previous year | -10.09 % change on previous year | 5.74 % change on previous year | 10 |
| 2010s | -1.16 % change on previous year | -19.69 % change on previous year | 19.36 % change on previous year | 10 |
| 2020s | 3.91 % change on previous year | -10.38 % change on previous year | 12.67 % change on previous year | 4 |
Countries ranked near Montserrat
- 10 Armenia 10.73 % change on previous year compare
- 11 Thailand 10.46 % change on previous year compare
- 12 Barbados 9.76 % change on previous year compare
- 14 Rwanda 7.89 % change on previous year compare
- 15 Ukraine 7.8 % change on previous year compare
- 16 Mauritania 7.37 % change on previous year compare
More economy & growth data for Montserrat
- US dollar per domestic currency (End-of-period (EoP)) 0.3704 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 2.7 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 3.7 (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.2704 (2025)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 25.99 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 22.65 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.56 % (2024)
- Gross Domestic Product — Value US$ 83.54 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 25.56 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 25.99 % (2024)
Frequently asked questions
- What is gross domestic product (gdp), annual growth rate in Montserrat?
- Gross domestic product (gdp), annual growth rate in Montserrat was 8.13 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Montserrat?
- The highest recorded value was 19.55 % change on previous year in 1990.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Montserrat?
- The lowest recorded value was -31.67 % change on previous year in 1996.
- How does Montserrat rank for gross domestic product (gdp), annual growth rate?
- Montserrat ranks 13th out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Montserrat?
- Over the last ten years it is up 141.3%. The long-run trend across the full record is volatile.
- Where does this Montserrat data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
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
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.