Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Southern Asia
Southern Asia: Gross Domestic Product — Value US$, 2015 prices, annual growth rate was 5.58 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Southern Asia, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices, annual growth rate in Southern Asia is 5.58 % change on previous year, measured in 2024.
Compared with earlier readings it is down 15.5% on the previous year and down 17.0% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices, annual growth rate in Southern Asia peaked at 8.64 % change on previous year in 1976 and was at its lowest, -5.98 % change on previous year, in 1979.
That places Southern Asia 1st out of 30 groups with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Southern Asia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 4.91 % change on previous year | — |
| 1972 | 3.69 % change on previous year | -24.8% |
| 1973 | 5.09 % change on previous year | +37.7% |
| 1974 | 3.93 % change on previous year | -22.7% |
| 1975 | 3.91 % change on previous year | -0.6% |
| 1976 | 8.64 % change on previous year | +121.0% |
| 1977 | 2.25 % change on previous year | -74.0% |
| 1978 | -1.42 % change on previous year | -163.0% |
| 1979 | -5.98 % change on previous year | +321.9% |
| 1980 | -3.16 % change on previous year | -47.1% |
| 1981 | 2.71 % change on previous year | -185.8% |
| 1982 | 8.48 % change on previous year | +212.7% |
| 1983 | 7.96 % change on previous year | -6.1% |
| 1984 | 0.9342 % change on previous year | -88.3% |
| 1985 | 4.36 % change on previous year | +366.3% |
| 1986 | 1.02 % change on previous year | -76.7% |
| 1987 | 2.96 % change on previous year | +191.1% |
| 1988 | 4.98 % change on previous year | +68.1% |
| 1989 | 5.37 % change on previous year | +7.8% |
| 1990 | 7.04 % change on previous year | +31.1% |
| 1991 | 4.14 % change on previous year | -41.1% |
| 1992 | 5.06 % change on previous year | +22.1% |
| 1993 | 2.79 % change on previous year | -44.9% |
| 1994 | 4.16 % change on previous year | +49.2% |
| 1995 | 6.17 % change on previous year | +48.3% |
| 1996 | 7.5 % change on previous year | +21.5% |
| 1997 | 3.92 % change on previous year | -47.7% |
| 1998 | 5.28 % change on previous year | +34.6% |
| 1999 | 7.24 % change on previous year | +37.1% |
| 2000 | 4.63 % change on previous year | -36.1% |
| 2001 | 3.99 % change on previous year | -13.8% |
| 2002 | 4.66 % change on previous year | +16.8% |
| 2003 | 7.46 % change on previous year | +60.1% |
| 2004 | 6.85 % change on previous year | -8.2% |
| 2005 | 7 % change on previous year | +2.1% |
| 2006 | 7.41 % change on previous year | +5.9% |
| 2007 | 7.75 % change on previous year | +4.5% |
| 2008 | 3.02 % change on previous year | -61.0% |
| 2009 | 6.25 % change on previous year | +107.0% |
| 2010 | 7.39 % change on previous year | +18.2% |
| 2011 | 5.04 % change on previous year | -31.8% |
| 2012 | 4.01 % change on previous year | -20.4% |
| 2013 | 5.01 % change on previous year | +24.9% |
| 2014 | 6.72 % change on previous year | +34.1% |
| 2015 | 6.16 % change on previous year | -8.3% |
| 2016 | 8.06 % change on previous year | +30.8% |
| 2017 | 6.02 % change on previous year | -25.3% |
| 2018 | 5.32 % change on previous year | -11.6% |
| 2019 | 3.18 % change on previous year | -40.2% |
| 2020 | -3.63 % change on previous year | -213.9% |
| 2021 | 8.27 % change on previous year | -328.0% |
| 2022 | 6.04 % change on previous year | -26.9% |
| 2023 | 6.6 % change on previous year | +9.3% |
| 2024 | 5.58 % change on previous year | -15.5% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Southern Asia 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 |
|---|---|---|---|
| 1985 | +366.3% | 0.9342 % change on previous year | 4.36 % change on previous year |
| 1979 | -321.9% | -1.42 % change on previous year | -5.98 % change on previous year |
| 2021 | +328.0% | -3.63 % change on previous year | 8.27 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.78 % change on previous year | -5.98 % change on previous year | 8.64 % change on previous year | 9 |
| 1980s | 3.56 % change on previous year | -3.16 % change on previous year | 8.48 % change on previous year | 10 |
| 1990s | 5.33 % change on previous year | 2.79 % change on previous year | 7.5 % change on previous year | 10 |
| 2000s | 5.9 % change on previous year | 3.02 % change on previous year | 7.75 % change on previous year | 10 |
| 2010s | 5.69 % change on previous year | 3.18 % change on previous year | 8.06 % change on previous year | 10 |
| 2020s | 4.57 % change on previous year | -3.63 % change on previous year | 8.27 % change on previous year | 5 |
Countries ranked near Southern Asia
More economy & growth data for Southern Asia
- Gross Domestic Product, GDP in millions constant 2021 international $ 22.60 million (2027)
- Gross Domestic Product — Annual growth US$, 2015 prices 5.58 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.42 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 6.03 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 28.95 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 29.2 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 1.45 million million USD (2024)
- Gross Fixed Capital Formation — Value US$ 1.55 million million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 4.51 % (2024)
- Gross Domestic Product — Value US$ per capita 2,572 USD (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices, annual growth rate in Southern Asia?
- Gross domestic product — value us$, 2015 prices, annual growth rate in Southern Asia was 5.58 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, 2015 prices, annual growth rate recorded in Southern Asia?
- The highest recorded value was 8.64 % change on previous year in 1976.
- What is the lowest gross domestic product — value us$, 2015 prices, annual growth rate recorded in Southern Asia?
- The lowest recorded value was -5.98 % change on previous year in 1979.
- How does Southern Asia rank for gross domestic product — value us$, 2015 prices, annual growth rate?
- Southern Asia ranks 1st out of 30 groups with data for 2024.
- Is gross domestic product — value us$, 2015 prices, annual growth rate rising or falling in Southern Asia?
- Over the last ten years it is down 17.0%. The long-run trend across the full record is volatile.
- Where does this Southern Asia 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.