Gross Domestic Product — Value Standard Local Currency, annual growth in Cook Islands
Cook Islands: Gross Domestic Product — Value Standard Local Currency, annual growth was 4.27 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, annual growth in Cook Islands, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic product — value standard local currency, annual growth in Cook Islands stood at 4.27 % change on previous year.
Compared with earlier readings it is down 86.0% on the previous year and down 53.6% over ten years.
Over the whole period, gross domestic product — value standard local currency, annual growth in Cook Islands peaked at 30.87 % change on previous year in 2022 and was at its lowest, -20.1 % change on previous year, in 2021.
That places Cook Islands 166th out of 218 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, annual growth in Cook Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -0.5751 % change on previous year | — |
| 1972 | -1.72 % change on previous year | +198.3% |
| 1973 | 14.07 % change on previous year | -920.2% |
| 1974 | 14.07 % change on previous year | +0.0% |
| 1975 | 14.07 % change on previous year | -0.0% |
| 1976 | 14.07 % change on previous year | +0.0% |
| 1977 | 19.22 % change on previous year | +36.6% |
| 1978 | 8.83 % change on previous year | -54.0% |
| 1979 | 15.63 % change on previous year | +77.0% |
| 1980 | 15.63 % change on previous year | +0.0% |
| 1981 | 15.63 % change on previous year | +0.0% |
| 1982 | 15.63 % change on previous year | +0.0% |
| 1983 | 11 % change on previous year | -29.6% |
| 1984 | 22.46 % change on previous year | +104.1% |
| 1985 | 19.89 % change on previous year | -11.4% |
| 1986 | 21.88 % change on previous year | +10.0% |
| 1987 | 12.66 % change on previous year | -42.1% |
| 1988 | 14.69 % change on previous year | +16.0% |
| 1989 | 10.72 % change on previous year | -27.0% |
| 1990 | 12.03 % change on previous year | +12.3% |
| 1991 | 12.76 % change on previous year | +6.0% |
| 1992 | 11 % change on previous year | -13.7% |
| 1993 | 11.14 % change on previous year | +1.2% |
| 1994 | 8.19 % change on previous year | -26.4% |
| 1995 | -3.82 % change on previous year | -146.6% |
| 1996 | -3.73 % change on previous year | -2.3% |
| 1997 | -4.43 % change on previous year | +18.7% |
| 1998 | 7.73 % change on previous year | -274.5% |
| 1999 | 8.3 % change on previous year | +7.4% |
| 2000 | 16.41 % change on previous year | +97.8% |
| 2001 | 13.5 % change on previous year | -17.8% |
| 2002 | 5.03 % change on previous year | -62.8% |
| 2003 | 9.42 % change on previous year | +87.5% |
| 2004 | 2.35 % change on previous year | -75.1% |
| 2005 | -3.71 % change on previous year | -257.9% |
| 2006 | 11.72 % change on previous year | -416.2% |
| 2007 | -2.43 % change on previous year | -120.7% |
| 2008 | 4 % change on previous year | -265.0% |
| 2009 | 7.59 % change on previous year | +89.5% |
| 2010 | -3.17 % change on previous year | -141.7% |
| 2011 | 3.02 % change on previous year | -195.4% |
| 2012 | 7.34 % change on previous year | +143.0% |
| 2013 | -4.56 % change on previous year | -162.2% |
| 2014 | 9.19 % change on previous year | -301.4% |
| 2015 | 12.52 % change on previous year | +36.2% |
| 2016 | 2.73 % change on previous year | -78.2% |
| 2017 | 9.28 % change on previous year | +240.4% |
| 2018 | 7.77 % change on previous year | -16.2% |
| 2019 | 3.31 % change on previous year | -57.4% |
| 2020 | -19.31 % change on previous year | -683.1% |
| 2021 | -20.1 % change on previous year | +4.1% |
| 2022 | 30.87 % change on previous year | -253.6% |
| 2023 | 30.5 % change on previous year | -1.2% |
| 2024 | 4.27 % change on previous year | -86.0% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, annual growth in Cook Islands 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 |
|---|---|---|---|
| 1973 | +920.2% | -1.72 % change on previous year | 14.07 % change on previous year |
| 2020 | -683.1% | 3.31 % change on previous year | -19.31 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.85 % change on previous year | -1.72 % change on previous year | 19.22 % change on previous year | 9 |
| 1980s | 16.02 % change on previous year | 10.72 % change on previous year | 22.46 % change on previous year | 10 |
| 1990s | 5.92 % change on previous year | -4.43 % change on previous year | 12.76 % change on previous year | 10 |
| 2000s | 6.39 % change on previous year | -3.71 % change on previous year | 16.41 % change on previous year | 10 |
| 2010s | 4.74 % change on previous year | -4.56 % change on previous year | 12.52 % change on previous year | 10 |
| 2020s | 5.25 % change on previous year | -20.1 % change on previous year | 30.87 % change on previous year | 5 |
Countries ranked near Cook Islands
- 163 Jordan 4.43 % change on previous year compare
- 164 Costa Rica 4.37 % change on previous year compare
- 165 Djibouti 4.32 % change on previous year compare
- 167 Tuvalu 4.26 % change on previous year compare
- 168 Jamaica 4.13 % change on previous year compare
- 169 Cameroon 4.12 % change on previous year compare
More economy & growth data for Cook Islands
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 0.9175 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 4.86 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 3.26 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 1.06 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 1.06 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 2.68 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 2.32 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency 621.8 million SLC (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 3.91 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 0.9174 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency, annual growth in Cook Islands?
- Gross domestic product — value standard local currency, annual growth in Cook Islands was 4.27 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in Cook Islands?
- The highest recorded value was 30.87 % change on previous year in 2022.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in Cook Islands?
- The lowest recorded value was -20.1 % change on previous year in 2021.
- How does Cook Islands rank for gross domestic product — value standard local currency, annual growth?
- Cook Islands ranks 166th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in Cook Islands?
- Over the last ten years it is down 53.6%. The long-run trend across the full record is volatile.
- Where does this Cook Islands data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.