Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Small island developing states (SIDS)
Small island developing states (SIDS): Gross Domestic Product — Value US$, 2015 prices, annual growth rate was 4.62 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Small island developing states (SIDS), 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic product — value us$, 2015 prices, annual growth rate in Small island developing states (SIDS) stood at 4.62 % change on previous year.
That represents a change of up 174.8% on the previous year and up 53.6% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices, annual growth rate in Small island developing states (SIDS) peaked at 6.73 % change on previous year in 1971 and was at its lowest, -6.15 % change on previous year, in 2020.
Small island developing states (SIDS) ranks 5th of 30 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Small island developing states (SIDS), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.73 % change on previous year | — |
| 1972 | 6.53 % change on previous year | -2.9% |
| 1973 | 5.4 % change on previous year | -17.3% |
| 1974 | 1.69 % change on previous year | -68.7% |
| 1975 | 2.13 % change on previous year | +26.1% |
| 1976 | 4.94 % change on previous year | +131.7% |
| 1977 | 5.54 % change on previous year | +12.2% |
| 1978 | 6.3 % change on previous year | +13.6% |
| 1979 | 4.84 % change on previous year | -23.1% |
| 1980 | 2.18 % change on previous year | -55.0% |
| 1981 | 6.11 % change on previous year | +180.6% |
| 1982 | 2.89 % change on previous year | -52.8% |
| 1983 | 3.02 % change on previous year | +4.5% |
| 1984 | 5.54 % change on previous year | +83.5% |
| 1985 | 1.03 % change on previous year | -81.3% |
| 1986 | 3.12 % change on previous year | +201.4% |
| 1987 | 4.19 % change on previous year | +34.3% |
| 1988 | 6.01 % change on previous year | +43.4% |
| 1989 | 4.88 % change on previous year | -18.8% |
| 1990 | 3.09 % change on previous year | -36.7% |
| 1991 | 1.04 % change on previous year | -66.3% |
| 1992 | 2.54 % change on previous year | +143.6% |
| 1993 | 3.57 % change on previous year | +40.6% |
| 1994 | 5.16 % change on previous year | +44.6% |
| 1995 | 4.84 % change on previous year | -6.2% |
| 1996 | 5.32 % change on previous year | +10.0% |
| 1997 | 5.42 % change on previous year | +1.9% |
| 1998 | 2.32 % change on previous year | -57.2% |
| 1999 | 5.21 % change on previous year | +124.8% |
| 2000 | 5.47 % change on previous year | +5.1% |
| 2001 | 2.14 % change on previous year | -60.8% |
| 2002 | 2.67 % change on previous year | +24.6% |
| 2003 | 3.03 % change on previous year | +13.6% |
| 2004 | 5.42 % change on previous year | +78.6% |
| 2005 | 5.48 % change on previous year | +1.0% |
| 2006 | 6.3 % change on previous year | +15.0% |
| 2007 | 5.48 % change on previous year | -12.9% |
| 2008 | 1.58 % change on previous year | -71.3% |
| 2009 | -0.3326 % change on previous year | -121.1% |
| 2010 | 6.72 % change on previous year | -2120.1% |
| 2011 | 3.36 % change on previous year | -49.9% |
| 2012 | 2.68 % change on previous year | -20.3% |
| 2013 | 3.21 % change on previous year | +19.6% |
| 2014 | 3.01 % change on previous year | -6.3% |
| 2015 | 2.67 % change on previous year | -11.3% |
| 2016 | 2.21 % change on previous year | -17.2% |
| 2017 | 2.56 % change on previous year | +15.9% |
| 2018 | 2.29 % change on previous year | -10.5% |
| 2019 | 1.71 % change on previous year | -25.2% |
| 2020 | -6.15 % change on previous year | -459.2% |
| 2021 | 6.65 % change on previous year | -208.1% |
| 2022 | 4.73 % change on previous year | -28.9% |
| 2023 | 1.68 % change on previous year | -64.5% |
| 2024 | 4.62 % change on previous year | +174.8% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Small island developing states (SIDS) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +2120.1% | -0.3326 % change on previous year | 6.72 % change on previous year |
| 2020 | -459.2% | 1.71 % change on previous year | -6.15 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.9 % change on previous year | 1.69 % change on previous year | 6.73 % change on previous year | 9 |
| 1980s | 3.9 % change on previous year | 1.03 % change on previous year | 6.11 % change on previous year | 10 |
| 1990s | 3.85 % change on previous year | 1.04 % change on previous year | 5.42 % change on previous year | 10 |
| 2000s | 3.72 % change on previous year | -0.3326 % change on previous year | 6.3 % change on previous year | 10 |
| 2010s | 3.04 % change on previous year | 1.71 % change on previous year | 6.72 % change on previous year | 10 |
| 2020s | 2.3 % change on previous year | -6.15 % change on previous year | 6.65 % change on previous year | 5 |
Countries ranked near Small island developing states (SIDS)
- 2 Georgia 9.43 % change on previous year compare
- 3 Samoa 9.42 % change on previous year compare
- 4 Kyrgyzstan 9.04 % change on previous year compare
- 5 Rwanda 8.89 % change on previous year compare
- 6 China, Macao SAR 8.81 % change on previous year compare
- 7 Niger 8.42 % change on previous year compare
- 8 USSR 8.42 % change on previous year compare
More economy & growth data for Small island developing states (SIDS)
- Gross Domestic Product — Annual growth US$ per capita 7.14 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 19.91 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 18.34 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 181,575 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 233,566 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 3.79 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.62 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 12,595 USD (2024)
- Gross Domestic Product — Value US$ per capita 17,586 USD (2024)
- Gross Domestic Product — Value US$ 1.27 million million USD (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices, annual growth rate in Small island developing states (SIDS)?
- Gross domestic product — value us$, 2015 prices, annual growth rate in Small island developing states (SIDS) was 4.62 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, 2015 prices, annual growth rate recorded in Small island developing states (SIDS)?
- The highest recorded value was 6.73 % change on previous year in 1971.
- What is the lowest gross domestic product — value us$, 2015 prices, annual growth rate recorded in Small island developing states (SIDS)?
- The lowest recorded value was -6.15 % change on previous year in 2020.
- How does Small island developing states (SIDS) rank for gross domestic product — value us$, 2015 prices, annual growth rate?
- Small island developing states (SIDS) ranks 5th out of 30 groups with data for 2024.
- Is gross domestic product — value us$, 2015 prices, annual growth rate rising or falling in Small island developing states (SIDS)?
- Over the last ten years it is up 53.6%. The long-run trend across the full record is volatile.
- Where does this Small island developing states (SIDS) data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.