Gross Domestic Product — Value US$ in Net Food Importing Developing Countries (NFIDCs)
Net Food Importing Developing Countries (NFIDCs): Gross Domestic Product — Value US$ was 3.82 million million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Net Food Importing Developing Countries (NFIDCs), 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 Net Food Importing Developing Countries (NFIDCs) is 3.82 million million USD, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 8.2% on the previous year and up 31.9% over ten years.
Over the whole period, gross domestic product — value us$ in Net Food Importing Developing Countries (NFIDCs) peaked at 3.82 million million USD in 2024 and was at its lowest, 113,293 million USD, in 1970.
That places Net Food Importing Developing Countries (NFIDCs) 17th 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$ in Net Food Importing Developing Countries (NFIDCs), year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 113,293 million USD | — |
| 1971 | 122,050 million USD | +7.7% |
| 1972 | 129,190 million USD | +5.9% |
| 1973 | 151,027 million USD | +16.9% |
| 1974 | 189,035 million USD | +25.2% |
| 1975 | 211,492 million USD | +11.9% |
| 1976 | 229,156 million USD | +8.4% |
| 1977 | 258,334 million USD | +12.7% |
| 1978 | 293,974 million USD | +13.8% |
| 1979 | 327,351 million USD | +11.4% |
| 1980 | 382,246 million USD | +16.8% |
| 1981 | 392,429 million USD | +2.7% |
| 1982 | 396,832 million USD | +1.1% |
| 1983 | 392,467 million USD | -1.1% |
| 1984 | 380,932 million USD | -2.9% |
| 1985 | 383,779 million USD | +0.7% |
| 1986 | 411,938 million USD | +7.3% |
| 1987 | 427,996 million USD | +3.9% |
| 1988 | 463,727 million USD | +8.3% |
| 1989 | 470,533 million USD | +1.5% |
| 1990 | 499,749 million USD | +6.2% |
| 1991 | 519,060 million USD | +3.9% |
| 1992 | 549,602 million USD | +5.9% |
| 1993 | 544,062 million USD | -1.0% |
| 1994 | 568,941 million USD | +4.6% |
| 1995 | 650,299 million USD | +14.3% |
| 1996 | 675,499 million USD | +3.9% |
| 1997 | 720,392 million USD | +6.6% |
| 1998 | 742,933 million USD | +3.1% |
| 1999 | 762,898 million USD | +2.7% |
| 2000 | 802,274 million USD | +5.2% |
| 2001 | 809,471 million USD | +0.9% |
| 2002 | 816,520 million USD | +0.9% |
| 2003 | 867,096 million USD | +6.2% |
| 2004 | 996,011 million USD | +14.9% |
| 2005 | 1.16 million million USD | +16.6% |
| 2006 | 1.35 million million USD | +16.5% |
| 2007 | 1.60 million million USD | +18.6% |
| 2008 | 1.91 million million USD | +19.0% |
| 2009 | 1.94 million million USD | +1.7% |
| 2010 | 2.20 million million USD | +13.2% |
| 2011 | 2.37 million million USD | +7.9% |
| 2012 | 2.59 million million USD | +9.1% |
| 2013 | 2.71 million million USD | +4.4% |
| 2014 | 2.90 million million USD | +7.2% |
| 2015 | 2.87 million million USD | -1.1% |
| 2016 | 2.85 million million USD | -0.8% |
| 2017 | 2.94 million million USD | +3.3% |
| 2018 | 2.99 million million USD | +1.6% |
| 2019 | 3.01 million million USD | +0.9% |
| 2020 | 2.97 million million USD | -1.4% |
| 2021 | 3.33 million million USD | +12.0% |
| 2022 | 3.46 million million USD | +4.0% |
| 2023 | 3.53 million million USD | +2.1% |
| 2024 | 3.82 million million USD | +8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 202,490 million USD | 113,293 million USD | 327,351 million USD | 10 |
| 1980s | 410,288 million USD | 380,932 million USD | 470,533 million USD | 10 |
| 1990s | 623,344 million USD | 499,749 million USD | 762,898 million USD | 10 |
| 2000s | 1.23 million million USD | 802,274 million USD | 1.94 million million USD | 10 |
| 2010s | 2.74 million million USD | 2.20 million million USD | 3.01 million million USD | 10 |
| 2020s | 3.42 million million USD | 2.97 million million USD | 3.82 million million USD | 5 |
Countries ranked near Net Food Importing Developing Countries (NFIDCs)
- 15 Republic of Korea 1.87 million million USD compare
- 16 Mexico 1.85 million million USD compare
- 17 Australia 1.84 million million USD compare
- 18 Spain 1.72 million million USD compare
- 19 Indonesia 1.40 million million USD compare
- 20 Türkiye 1.32 million million USD compare
- 20 Turkey 1.32 million million USD compare
More economy & growth data for Net Food Importing Developing Countries (NFIDCs)
- Gross Fixed Capital Formation — Annual growth US$ 2.48 % (2024)
- Gross Fixed Capital Formation — Value US$ 757,743 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 784,654 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 19.82 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 22.37 % (2024)
- Gross Domestic Product — Value US$, annual growth rate 8.25 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 2.48 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 2.96 % change on previous year (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.9457 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.2 % (2024)
All data for Net Food Importing Developing Countries (NFIDCs) →
Frequently asked questions
- What is gross domestic product — value us$ in Net Food Importing Developing Countries (NFIDCs)?
- Gross domestic product — value us$ in Net Food Importing Developing Countries (NFIDCs) was 3.82 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 Net Food Importing Developing Countries (NFIDCs)?
- The highest recorded value was 3.82 million million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Net Food Importing Developing Countries (NFIDCs)?
- The lowest recorded value was 113,293 million USD in 1970.
- How does Net Food Importing Developing Countries (NFIDCs) rank for gross domestic product — value us$?
- Net Food Importing Developing Countries (NFIDCs) ranks 17th out of 30 groups with data for 2024.
- Is gross domestic product — value us$ rising or falling in Net Food Importing Developing Countries (NFIDCs)?
- Over the last ten years it is up 31.9%. The long-run trend across the full record is volatile.
- Where does this Net Food Importing Developing Countries (NFIDCs) 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).