Gross Domestic Product — Value US$ in Small Island Developing States (SIDS)

Small Island Developing States (SIDS): Gross Domestic Product — Value US$ was 1.27 million million USD in 2024. ◆ Volatile

Latest (2024)
1.27 million million USD
Change on year
up 8.0%
Rank
24th
of 30 groups
All-time high
1.27 million million USD
in 2024
All-time low
22,978 million USD
in 1970
Years of data
55
1970–2024

Gross Domestic Product — Value US$ in Small Island Developing States (SIDS), 1970–2024

0500.0k1.0M1.5M197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

Small Island Developing States (SIDS) recorded 1.27 million million USD for gross domestic product — value us$ in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 8.0% on the previous year and up 69.2% over ten years.

Over the whole period, gross domestic product — value us$ in Small Island Developing States (SIDS) peaked at 1.27 million million USD in 2024 and was at its lowest, 22,978 million USD, in 1970.

That places Small Island Developing States (SIDS) 24th out of 30 groups with data for 2024, putting it 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$ in Small Island Developing States (SIDS), year by year

Annual values for Gross Domestic Product — Value US$ in Small Island Developing States (SIDS), 1970 to 2024.
Year million USD Change
1970 22,978 million USD —
1971 26,208 million USD +14.1%
1972 30,679 million USD +17.1%
1973 37,072 million USD +20.8%
1974 44,233 million USD +19.3%
1975 49,596 million USD +12.1%
1976 52,799 million USD +6.5%
1977 57,680 million USD +9.2%
1978 65,928 million USD +14.3%
1979 75,356 million USD +14.3%
1980 85,672 million USD +13.7%
1981 91,978 million USD +7.4%
1982 97,689 million USD +6.2%
1983 103,190 million USD +5.6%
1984 109,968 million USD +6.6%
1985 101,851 million USD -7.4%
1986 107,889 million USD +5.9%
1987 116,324 million USD +7.8%
1988 128,910 million USD +10.8%
1989 139,465 million USD +8.2%
1990 156,156 million USD +12.0%
1991 162,191 million USD +3.9%
1992 172,338 million USD +6.3%
1993 186,708 million USD +8.3%
1994 213,972 million USD +14.6%
1995 240,066 million USD +12.2%
1996 252,023 million USD +5.0%
1997 263,062 million USD +4.4%
1998 258,785 million USD -1.6%
1999 269,589 million USD +4.2%
2000 289,560 million USD +7.4%
2001 294,004 million USD +1.5%
2002 305,954 million USD +4.1%
2003 318,847 million USD +4.2%
2004 354,445 million USD +11.2%
2005 401,959 million USD +13.4%
2006 448,691 million USD +11.6%
2007 511,663 million USD +14.0%
2008 551,860 million USD +7.9%
2009 542,973 million USD -1.6%
2010 609,497 million USD +12.3%
2011 675,270 million USD +10.8%
2012 704,613 million USD +4.3%
2013 730,064 million USD +3.6%
2014 752,360 million USD +3.1%
2015 749,875 million USD -0.3%
2016 767,046 million USD +2.3%
2017 810,302 million USD +5.6%
2018 858,808 million USD +6.0%
2019 871,216 million USD +1.4%
2020 817,135 million USD -6.2%
2021 959,497 million USD +17.4%
2022 1.10 million million USD +14.5%
2023 1.18 million million USD +7.3%
2024 1.27 million million USD +8.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 46,253 million USD 22,978 million USD 75,356 million USD 10
1980s 108,294 million USD 85,672 million USD 139,465 million USD 10
1990s 217,489 million USD 156,156 million USD 269,589 million USD 10
2000s 401,996 million USD 289,560 million USD 551,860 million USD 10
2010s 752,905 million USD 609,497 million USD 871,216 million USD 10
2020s 1.07 million million USD 817,135 million USD 1.27 million million USD 5

Countries ranked near Small Island Developing States (SIDS)

  1. 22 Netherlands (Kingdom of the) 1.23 million million USD compare
  2. 23 Saudi Arabia 1.08 million million USD compare
  3. 24 Switzerland 936,564 million USD compare
  4. 25 Poland 911,037 million USD compare
  5. 26 USSR 790,484 million USD compare
  6. 27 Belgium 664,696 million USD compare

See the full ranking of 266 places →

More economy & growth data for Small Island Developing States (SIDS)

All data for Small Island Developing States (SIDS) →

Frequently asked questions

What is gross domestic product — value us$ in Small Island Developing States (SIDS)?
Gross domestic product — value us$ in Small Island Developing States (SIDS) was 1.27 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 Small Island Developing States (SIDS)?
The highest recorded value was 1.27 million million USD in 2024.
What is the lowest gross domestic product — value us$ recorded in Small Island Developing States (SIDS)?
The lowest recorded value was 22,978 million USD in 1970.
How does Small Island Developing States (SIDS) rank for gross domestic product — value us$?
Small Island Developing States (SIDS) ranks 24th out of 30 groups with data for 2024.
Is gross domestic product — value us$ rising or falling in Small Island Developing States (SIDS)?
Over the last ten years it is up 69.2%. The long-run trend across the full record is volatile.
Where does this Small Island Developing States (SIDS) 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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Gross Domestic Product — Value US$ in Small Island Developing States (SIDS). Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 12 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us/small-island-developing-states-sids/

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About this data

Indicator
Gross Domestic Product — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
266 places, 13,572 data points, 1970–2024
Last refreshed

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).