Gross Domestic Product — Value US$ in Low Income Food Deficit Countries (LIFDCs)
Low Income Food Deficit Countries (LIFDCs): Gross Domestic Product — Value US$ was 1.59 million million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Low Income Food Deficit Countries (LIFDCs), 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$ in Low Income Food Deficit Countries (LIFDCs) is 1.59 million million USD, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 40.0% on the previous year and up 89.6% over ten years.
Over the whole period, gross domestic product — value us$ in Low Income Food Deficit Countries (LIFDCs) peaked at 1.59 million million USD in 2024 and was at its lowest, 43,563 million USD, in 1970.
That places Low Income Food Deficit Countries (LIFDCs) 20th out of 29 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$ in Low Income Food Deficit Countries (LIFDCs), year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 43,563 million USD | — |
| 1971 | 47,809 million USD | +9.7% |
| 1972 | 54,165 million USD | +13.3% |
| 1973 | 63,585 million USD | +17.4% |
| 1974 | 75,266 million USD | +18.4% |
| 1975 | 85,866 million USD | +14.1% |
| 1976 | 90,106 million USD | +4.9% |
| 1977 | 101,208 million USD | +12.3% |
| 1978 | 117,453 million USD | +16.1% |
| 1979 | 130,373 million USD | +11.0% |
| 1980 | 146,934 million USD | +12.7% |
| 1981 | 152,665 million USD | +3.9% |
| 1982 | 156,130 million USD | +2.3% |
| 1983 | 153,459 million USD | -1.7% |
| 1984 | 149,357 million USD | -2.7% |
| 1985 | 146,666 million USD | -1.8% |
| 1986 | 162,058 million USD | +10.5% |
| 1987 | 163,041 million USD | +0.6% |
| 1988 | 171,941 million USD | +5.5% |
| 1989 | 178,643 million USD | +3.9% |
| 1990 | 207,969 million USD | +16.4% |
| 1991 | 210,684 million USD | +1.3% |
| 1992 | 204,932 million USD | -2.7% |
| 1993 | 200,075 million USD | -2.4% |
| 1994 | 172,600 million USD | -13.7% |
| 1995 | 189,197 million USD | +9.6% |
| 1996 | 205,742 million USD | +8.7% |
| 1997 | 215,546 million USD | +4.8% |
| 1998 | 218,037 million USD | +1.2% |
| 1999 | 221,226 million USD | +1.5% |
| 2000 | 221,152 million USD | -0.0% |
| 2001 | 222,817 million USD | +0.8% |
| 2002 | 233,873 million USD | +5.0% |
| 2003 | 258,118 million USD | +10.4% |
| 2004 | 296,426 million USD | +14.8% |
| 2005 | 342,548 million USD | +15.6% |
| 2006 | 392,888 million USD | +14.7% |
| 2007 | 473,092 million USD | +20.4% |
| 2008 | 560,611 million USD | +18.5% |
| 2009 | 573,900 million USD | +2.4% |
| 2010 | 636,137 million USD | +10.8% |
| 2011 | 719,629 million USD | +13.1% |
| 2012 | 741,678 million USD | +3.1% |
| 2013 | 766,895 million USD | +3.4% |
| 2014 | 840,631 million USD | +9.6% |
| 2015 | 807,521 million USD | -3.9% |
| 2016 | 823,664 million USD | +2.0% |
| 2017 | 873,160 million USD | +6.0% |
| 2018 | 861,838 million USD | -1.3% |
| 2019 | 881,712 million USD | +2.3% |
| 2020 | 879,945 million USD | -0.2% |
| 2021 | 968,521 million USD | +10.1% |
| 2022 | 1.05 million million USD | +8.4% |
| 2023 | 1.14 million million USD | +8.5% |
| 2024 | 1.59 million million USD | +40.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 80,939 million USD | 43,563 million USD | 130,373 million USD | 10 |
| 1980s | 158,089 million USD | 146,666 million USD | 178,643 million USD | 10 |
| 1990s | 204,601 million USD | 172,600 million USD | 221,226 million USD | 10 |
| 2000s | 357,542 million USD | 221,152 million USD | 573,900 million USD | 10 |
| 2010s | 795,286 million USD | 636,137 million USD | 881,712 million USD | 10 |
| 2020s | 1.13 million million USD | 879,945 million USD | 1.59 million million USD | 5 |
Countries ranked near Low Income Food Deficit Countries (LIFDCs)
- 17 Netherlands (Kingdom of the) 1.23 million million USD compare
- 17 Polynesia 8,773 million USD compare
- 18 Saudi Arabia 1.08 million million USD compare
- 18 Timor-Leste 1,881 million USD compare
- 19 Switzerland 936,564 million USD compare
- 19 Micronesia 1,592 million USD compare
- 20 Micronesia (Federated States of) 488.5 million USD compare
- 20 Poland 911,037 million USD compare
- 21 USSR 790,484 million USD compare
- 22 Belgium 664,696 million USD compare
- 23 Argentina 633,267 million USD compare
More economy & growth data for Low Income Food Deficit Countries (LIFDCs)
- Gross Fixed Capital Formation — Value US$ 307,151 million USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.51 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 36.51 % (2024)
- Gross Domestic Product — Annual growth US$ 39.96 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.11 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,019 USD (2024)
- Gross Domestic Product — Value US$ per capita 1,459 USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.9511 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 354,336 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 11.05 % (2024)
Frequently asked questions
- What is gross domestic product — value us$ in Low Income Food Deficit Countries (LIFDCs)?
- Gross domestic product — value us$ in Low Income Food Deficit Countries (LIFDCs) was 1.59 million million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Low Income Food Deficit Countries (LIFDCs)?
- The highest recorded value was 1.59 million million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Low Income Food Deficit Countries (LIFDCs)?
- The lowest recorded value was 43,563 million USD in 1970.
- How does Low Income Food Deficit Countries (LIFDCs) rank for gross domestic product — value us$?
- Low Income Food Deficit Countries (LIFDCs) ranks 20th out of 29 groups with data for 2024.
- Is gross domestic product — value us$ rising or falling in Low Income Food Deficit Countries (LIFDCs)?
- Over the last ten years it is up 89.6%. The long-run trend across the full record is volatile.
- Where does this Low Income Food Deficit Countries (LIFDCs) data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).