Gross Domestic Product — Value US$, 2015 prices, annual growth rate in South America
South America: Gross Domestic Product — Value US$, 2015 prices, annual growth rate was 2.12 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices, annual growth rate in South America, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices, annual growth rate in South America is 2.12 % change on previous year, measured in 2024.
That represents a change of up 17.3% on the previous year and up 788.8% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices, annual growth rate in South America peaked at 8.33 % change on previous year in 1973 and was at its lowest, -6.66 % change on previous year, in 2020.
That places South America 20th out of 30 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices, annual growth rate in South America, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.94 % change on previous year | — |
| 1972 | 6.54 % change on previous year | -5.8% |
| 1973 | 8.33 % change on previous year | +27.3% |
| 1974 | 6.8 % change on previous year | -18.3% |
| 1975 | 3.27 % change on previous year | -51.9% |
| 1976 | 6.54 % change on previous year | +100.2% |
| 1977 | 5.29 % change on previous year | -19.1% |
| 1978 | 2.76 % change on previous year | -47.9% |
| 1979 | 5.82 % change on previous year | +111.2% |
| 1980 | 5.45 % change on previous year | -6.4% |
| 1981 | -2.44 % change on previous year | -144.7% |
| 1982 | -0.7234 % change on previous year | -70.3% |
| 1983 | -2 % change on previous year | +175.8% |
| 1984 | 3.51 % change on previous year | -275.9% |
| 1985 | 3.11 % change on previous year | -11.4% |
| 1986 | 7.03 % change on previous year | +126.2% |
| 1987 | 3.86 % change on previous year | -45.1% |
| 1988 | 0.4554 % change on previous year | -88.2% |
| 1989 | -0.3166 % change on previous year | -169.5% |
| 1990 | -1.46 % change on previous year | +362.3% |
| 1991 | 3.91 % change on previous year | -367.0% |
| 1992 | 2.8 % change on previous year | -28.4% |
| 1993 | 4.42 % change on previous year | +57.8% |
| 1994 | 4.79 % change on previous year | +8.4% |
| 1995 | 3.04 % change on previous year | -36.5% |
| 1996 | 2.9 % change on previous year | -4.8% |
| 1997 | 4.91 % change on previous year | +69.6% |
| 1998 | 1.34 % change on previous year | -72.7% |
| 1999 | -1.46 % change on previous year | -209.0% |
| 2000 | 3.05 % change on previous year | -308.2% |
| 2001 | 0.643 % change on previous year | -78.9% |
| 2002 | -0.6023 % change on previous year | -193.7% |
| 2003 | 2.05 % change on previous year | -440.3% |
| 2004 | 7.42 % change on previous year | +262.1% |
| 2005 | 5.34 % change on previous year | -28.0% |
| 2006 | 5.78 % change on previous year | +8.1% |
| 2007 | 6.86 % change on previous year | +18.8% |
| 2008 | 4.96 % change on previous year | -27.7% |
| 2009 | -1.31 % change on previous year | -126.3% |
| 2010 | 6.64 % change on previous year | -608.4% |
| 2011 | 4.94 % change on previous year | -25.6% |
| 2012 | 2.48 % change on previous year | -49.8% |
| 2013 | 3.25 % change on previous year | +31.0% |
| 2014 | 0.2386 % change on previous year | -92.7% |
| 2015 | -1.29 % change on previous year | -638.8% |
| 2016 | -2.9 % change on previous year | +126.0% |
| 2017 | 0.5181 % change on previous year | -117.8% |
| 2018 | -0.0672 % change on previous year | -113.0% |
| 2019 | -0.7181 % change on previous year | +968.2% |
| 2020 | -6.66 % change on previous year | +827.9% |
| 2021 | 7.26 % change on previous year | -209.0% |
| 2022 | 4.07 % change on previous year | -44.0% |
| 2023 | 1.81 % change on previous year | -55.6% |
| 2024 | 2.12 % change on previous year | +17.3% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, 2015 prices, annual growth rate in South America 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 |
|---|---|---|---|
| 2019 | -968.2% | -0.0672 % change on previous year | -0.7181 % change on previous year |
| 2020 | -827.9% | -0.7181 % change on previous year | -6.66 % change on previous year |
| 2010 | +608.4% | -1.31 % change on previous year | 6.64 % change on previous year |
| 2015 | -638.8% | 0.2386 % change on previous year | -1.29 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.81 % change on previous year | 2.76 % change on previous year | 8.33 % change on previous year | 9 |
| 1980s | 1.79 % change on previous year | -2.44 % change on previous year | 7.03 % change on previous year | 10 |
| 1990s | 2.52 % change on previous year | -1.46 % change on previous year | 4.91 % change on previous year | 10 |
| 2000s | 3.42 % change on previous year | -1.31 % change on previous year | 7.42 % change on previous year | 10 |
| 2010s | 1.31 % change on previous year | -2.9 % change on previous year | 6.64 % change on previous year | 10 |
| 2020s | 1.72 % change on previous year | -6.66 % change on previous year | 7.26 % change on previous year | 5 |
Countries ranked near South America
- 17 Senegal 6.89 % change on previous year compare
- 18 Democratic Republic of the Congo 6.68 % change on previous year compare
- 19 Uzbekistan 6.5 % change on previous year compare
- 20 Aruba 6.49 % change on previous year compare
- 21 India 6.48 % change on previous year compare
- 22 Uganda 6.14 % change on previous year compare
- 23 Cambodia 6.02 % change on previous year compare
More economy & growth data for South America
- Gross Domestic Product, GDP in millions constant 2021 international $ 9.17 million (2027)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.51 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 682,399 million USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 2.12 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 1.83 % (2024)
- Gross Domestic Product — Annual growth US$ 2.44 % (2024)
- Gross Domestic Product — Value US$ per capita 9,997 USD (2024)
- Gross Domestic Product — Value US$ 4.35 million million USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.93 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 9,035 USD (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices, annual growth rate in South America?
- Gross domestic product — value us$, 2015 prices, annual growth rate in South America was 2.12 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, 2015 prices, annual growth rate recorded in South America?
- The highest recorded value was 8.33 % change on previous year in 1973.
- What is the lowest gross domestic product — value us$, 2015 prices, annual growth rate recorded in South America?
- The lowest recorded value was -6.66 % change on previous year in 2020.
- How does South America rank for gross domestic product — value us$, 2015 prices, annual growth rate?
- South America ranks 20th out of 30 groups with data for 2024.
- Is gross domestic product — value us$, 2015 prices, annual growth rate rising or falling in South America?
- Over the last ten years it is up 788.8%. The long-run trend across the full record is volatile.
- Where does this South America data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value US$, 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.