Gross Domestic Product — Value US$, annual growth rate in Cook Islands

Cook Islands: Gross Domestic Product — Value US$, annual growth rate was 2.68 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.68 % change on previous year
Change on year
down 89.9%
World rank
184th
of 236 countries
All-time high
37.39 % change on previous year
in 2003
All-time low
-20.57 % change on previous year
in 2020
Years of data
54
1971–2024

Gross Domestic Product — Value US$, annual growth rate in Cook Islands, 1971–2024

-2002040197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gross domestic product — value us$, annual growth rate in Cook Islands stood at 2.68 % change on previous year.

The figure is down 89.9% on the previous year and down 74.4% over ten years.

Over the whole period, gross domestic product — value us$, annual growth rate in Cook Islands peaked at 37.39 % change on previous year in 2003 and was at its lowest, -20.57 % change on previous year, in 2020.

Cook Islands ranks 184th of 236 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Domestic Product — Value US$, annual growth rate in Cook Islands, year by year

Annual values for Gross Domestic Product — Value US$, annual growth rate in Cook Islands, 1971 to 2024.
Year % change on previous year Change
1971 0.8078 % change on previous year
1972 3.44 % change on previous year +326.4%
1973 29.53 % change on previous year +757.3%
1974 17.49 % change on previous year -40.8%
1975 -1.95 % change on previous year -111.2%
1976 -5.52 % change on previous year +182.9%
1977 16.27 % change on previous year -394.9%
1978 16.27 % change on previous year -0.0%
1979 13.97 % change on previous year -14.1%
1980 10.21 % change on previous year -26.9%
1981 2.98 % change on previous year -70.8%
1982 0.0289 % change on previous year -99.0%
1983 -1.17 % change on previous year -4145.8%
1984 3.91 % change on previous year -433.4%
1985 4.52 % change on previous year +15.8%
1986 28.9 % change on previous year +539.0%
1987 27.19 % change on previous year -5.9%
1988 27.32 % change on previous year +0.5%
1989 1.07 % change on previous year -96.1%
1990 11.76 % change on previous year +999.0%
1991 9.03 % change on previous year -23.2%
1992 3.36 % change on previous year -62.8%
1993 11.81 % change on previous year +252.1%
1994 18.71 % change on previous year +58.4%
1995 6.45 % change on previous year -65.5%
1996 0.8376 % change on previous year -87.0%
1997 -8.06 % change on previous year -1062.8%
1998 -12.79 % change on previous year +58.6%
1999 7.07 % change on previous year -155.3%
2000 -0.0623 % change on previous year -100.9%
2001 5.02 % change on previous year -8168.1%
2002 15.55 % change on previous year +209.4%
2003 37.39 % change on previous year +140.5%
2004 16.82 % change on previous year -55.0%
2005 2.29 % change on previous year -86.4%
2006 2.9 % change on previous year +26.8%
2007 10.58 % change on previous year +264.8%
2008 -0.5325 % change on previous year -105.0%
2009 -4.38 % change on previous year +723.4%
2010 11.7 % change on previous year -366.8%
2011 12.95 % change on previous year +10.7%
2012 10.08 % change on previous year -22.2%
2013 -3.4 % change on previous year -133.7%
2014 10.46 % change on previous year -407.7%
2015 -5.41 % change on previous year -151.7%
2016 2.54 % change on previous year -147.0%
2017 11.54 % change on previous year +353.7%
2018 4.95 % change on previous year -57.1%
2019 -1.63 % change on previous year -133.0%
2020 -20.57 % change on previous year +1160.9%
2021 -12.85 % change on previous year -37.6%
2022 17.31 % change on previous year -234.8%
2023 26.39 % change on previous year +52.4%
2024 2.68 % change on previous year -89.9%

Biggest year-on-year movements

Years where Gross Domestic Product — Value US$, annual growth rate 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.

YearChange FromTo
2001 +8168.1% -0.0623 % change on previous year 5.02 % change on previous year
1983 -4145.8% 0.0289 % change on previous year -1.17 % change on previous year
2020 -1160.9% -1.63 % change on previous year -20.57 % change on previous year
1997 -1062.8% 0.8376 % change on previous year -8.06 % change on previous year
1990 +999.0% 1.07 % change on previous year 11.76 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.03 % change on previous year -5.52 % change on previous year 29.53 % change on previous year 9
1980s 10.5 % change on previous year -1.17 % change on previous year 28.9 % change on previous year 10
1990s 4.82 % change on previous year -12.79 % change on previous year 18.71 % change on previous year 10
2000s 8.56 % change on previous year -4.38 % change on previous year 37.39 % change on previous year 10
2010s 5.38 % change on previous year -5.41 % change on previous year 12.95 % change on previous year 10
2020s 2.59 % change on previous year -20.57 % change on previous year 26.39 % change on previous year 5

Countries ranked near Cook Islands

  1. 181 Ethiopia PDR 2.75 % change on previous year compare
  2. 182 Bosnia and Herzegovina 2.72 % change on previous year compare
  3. 183 Democratic Republic of the Congo 2.68 % change on previous year compare
  4. 185 Jamaica 2.61 % change on previous year compare
  5. 186 Azerbaijan 2.61 % change on previous year compare
  6. 187 Congo 2.6 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Cook Islands

All data for Cook Islands →

Frequently asked questions

What is gross domestic product — value us$, annual growth rate in Cook Islands?
Gross domestic product — value us$, annual growth rate in Cook Islands was 2.68 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value us$, annual growth rate recorded in Cook Islands?
The highest recorded value was 37.39 % change on previous year in 2003.
What is the lowest gross domestic product — value us$, annual growth rate recorded in Cook Islands?
The lowest recorded value was -20.57 % change on previous year in 2020.
How does Cook Islands rank for gross domestic product — value us$, annual growth rate?
Cook Islands ranks 184th out of 236 countries with data for 2024.
Is gross domestic product — value us$, annual growth rate rising or falling in Cook Islands?
Over the last ten years it is down 74.4%. 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 US$, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$, annual growth rate in Cook Islands. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-annual-growth-rate/cook-islands/

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How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Domestic Product — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 13,305 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.