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
Gross Domestic Product — Value US$ in Small Island Developing States (SIDS), 1970–2024
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
| 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
| Decade | Average | Lowest | Highest | 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)
- 22 Netherlands (Kingdom of the) 1.23 million million USD compare
- 23 Saudi Arabia 1.08 million million USD compare
- 24 Switzerland 936,564 million USD compare
- 25 Poland 911,037 million USD compare
- 26 USSR 790,484 million USD compare
- 27 Belgium 664,696 million USD compare
More economy & growth data for Small Island Developing States (SIDS)
- Gross Domestic Product — Annual growth US$ per capita 7.14 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 181,575 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 233,566 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 3.79 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.62 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 911,879 million USD (2024)
- Gross Domestic Product — Value US$ per capita 17,586 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 12,595 USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 2.6 % change on previous year (2024)
- Gross Domestic Product — Annual growth US$ 8 % (2024)
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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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).