Gross National Income — Value US$, annual growth rate in Melanesia
Melanesia: Gross National Income — Value US$, annual growth rate was 1.04 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value US$, annual growth rate in Melanesia, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national income — value us$, annual growth rate in Melanesia is 1.04 % change on previous year, measured in 2023.
The figure is down 91.6% on the previous year and up 20.4% over ten years.
Over the whole period, gross national income — value us$, annual growth rate in Melanesia peaked at 36.89 % change on previous year in 1973 and was at its lowest, -16.44 % change on previous year, in 1998.
Melanesia ranks 181st of 236 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$, annual growth rate in Melanesia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 10.15 % change on previous year | — |
| 1972 | 20.08 % change on previous year | +97.8% |
| 1973 | 36.89 % change on previous year | +83.7% |
| 1974 | 16.93 % change on previous year | -54.1% |
| 1975 | 4.85 % change on previous year | -71.3% |
| 1976 | 5.31 % change on previous year | +9.3% |
| 1977 | 7.48 % change on previous year | +41.0% |
| 1978 | 17.04 % change on previous year | +127.7% |
| 1979 | 17.29 % change on previous year | +1.5% |
| 1980 | 11.63 % change on previous year | -32.7% |
| 1981 | -3.81 % change on previous year | -132.7% |
| 1982 | -5.62 % change on previous year | +47.7% |
| 1983 | -4.21 % change on previous year | -25.1% |
| 1984 | 2.82 % change on previous year | -167.0% |
| 1985 | -3.4 % change on previous year | -220.6% |
| 1986 | 15.46 % change on previous year | -554.9% |
| 1987 | 11.99 % change on previous year | -22.5% |
| 1988 | 18.55 % change on previous year | +54.7% |
| 1989 | 0.4098 % change on previous year | -97.8% |
| 1990 | 1.55 % change on previous year | +278.0% |
| 1991 | 11.53 % change on previous year | +644.0% |
| 1992 | 12.21 % change on previous year | +5.9% |
| 1993 | 9.58 % change on previous year | -21.6% |
| 1994 | 17.89 % change on previous year | +86.8% |
| 1995 | -0.2625 % change on previous year | -101.5% |
| 1996 | 4.39 % change on previous year | -1773.9% |
| 1997 | -3.01 % change on previous year | -168.4% |
| 1998 | -16.44 % change on previous year | +446.8% |
| 1999 | -0.6186 % change on previous year | -96.2% |
| 2000 | -2.69 % change on previous year | +334.3% |
| 2001 | -7.44 % change on previous year | +176.7% |
| 2002 | 5.47 % change on previous year | -173.5% |
| 2003 | 25.66 % change on previous year | +369.6% |
| 2004 | 12.57 % change on previous year | -51.0% |
| 2005 | 10.47 % change on previous year | -16.7% |
| 2006 | 8.93 % change on previous year | -14.7% |
| 2007 | 19.41 % change on previous year | +117.3% |
| 2008 | 12.51 % change on previous year | -35.6% |
| 2009 | -4.8 % change on previous year | -138.4% |
| 2010 | 14.63 % change on previous year | -404.8% |
| 2011 | 18.17 % change on previous year | +24.2% |
| 2012 | 10.97 % change on previous year | -39.6% |
| 2013 | 0.8624 % change on previous year | -92.1% |
| 2014 | 12.06 % change on previous year | +1298.5% |
| 2015 | -11.76 % change on previous year | -197.5% |
| 2016 | -0.2526 % change on previous year | -97.9% |
| 2017 | 7.71 % change on previous year | -3153.0% |
| 2018 | 6.15 % change on previous year | -20.2% |
| 2019 | -0.6877 % change on previous year | -111.2% |
| 2020 | -2.14 % change on previous year | +211.7% |
| 2021 | 6.22 % change on previous year | -390.1% |
| 2022 | 12.4 % change on previous year | +99.4% |
| 2023 | 1.04 % change on previous year | -91.6% |
Biggest year-on-year movements
Years where Gross National Income — Value US$, annual growth rate in Melanesia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +3153.0% | -0.2526 % change on previous year | 7.71 % change on previous year |
| 1996 | +1773.9% | -0.2625 % change on previous year | 4.39 % change on previous year |
| 2014 | +1298.5% | 0.8624 % change on previous year | 12.06 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.11 % change on previous year | 4.85 % change on previous year | 36.89 % change on previous year | 9 |
| 1980s | 4.38 % change on previous year | -5.62 % change on previous year | 18.55 % change on previous year | 10 |
| 1990s | 3.68 % change on previous year | -16.44 % change on previous year | 17.89 % change on previous year | 10 |
| 2000s | 8.01 % change on previous year | -7.44 % change on previous year | 25.66 % change on previous year | 10 |
| 2010s | 5.78 % change on previous year | -11.76 % change on previous year | 18.17 % change on previous year | 10 |
| 2020s | 4.38 % change on previous year | -2.14 % change on previous year | 12.4 % change on previous year | 4 |
Countries ranked near Melanesia
- 178 Malawi 1.45 % change on previous year compare
- 179 Luxembourg 1.38 % change on previous year compare
- 180 USSR 1.11 % change on previous year compare
- 182 Denmark 0.9558 % change on previous year compare
- 183 Iran (Islamic Republic of) 0.9239 % change on previous year compare
- 184 Australia and New Zealand 0.8633 % change on previous year compare
More economy & growth data for Melanesia
- Gross Domestic Product — Value US$ 51,880 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 1.98 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.11 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 15.03 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 13.74 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 6,546 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 7,131 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.97 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.32 % (2024)
- Gross Domestic Product — Annual growth US$ 5.12 % (2024)
Frequently asked questions
- What is gross national income — value us$, annual growth rate in Melanesia?
- Gross national income — value us$, annual growth rate in Melanesia was 1.04 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value us$, annual growth rate recorded in Melanesia?
- The highest recorded value was 36.89 % change on previous year in 1973.
- What is the lowest gross national income — value us$, annual growth rate recorded in Melanesia?
- The lowest recorded value was -16.44 % change on previous year in 1998.
- How does Melanesia rank for gross national income — value us$, annual growth rate?
- Melanesia ranks 181st out of 236 countries with data for 2023.
- Is gross national income — value us$, annual growth rate rising or falling in Melanesia?
- Over the last ten years it is up 20.4%. The long-run trend across the full record is volatile.
- Where does this Melanesia data come from?
- The figures come from Statizoid (derived), published as part of Gross National Income — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.