Gross National Income — Value US$, annual growth rate in Oceania
Oceania: Gross National Income — Value US$, annual growth rate was 0.9135 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value US$, annual growth rate in Oceania, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national income — value us$, annual growth rate in Oceania is 0.9135 % change on previous year, measured in 2023.
That represents a change of up 2.0% on the previous year and up 148.5% over ten years.
Over the whole period, gross national income — value us$, annual growth rate in Oceania peaked at 42.04 % change on previous year in 1973 and was at its lowest, -14.6 % change on previous year, in 2015.
That places Oceania 23rd out of 30 groups with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$, annual growth rate in Oceania, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 13.23 % change on previous year | — |
| 1972 | 18.54 % change on previous year | +40.2% |
| 1973 | 42.04 % change on previous year | +126.7% |
| 1974 | 19.14 % change on previous year | -54.5% |
| 1975 | 5.26 % change on previous year | -72.5% |
| 1976 | 6.27 % change on previous year | +19.1% |
| 1977 | -0.0052 % change on previous year | -100.1% |
| 1978 | 17.16 % change on previous year | -331416.9% |
| 1979 | 11.74 % change on previous year | -31.6% |
| 1980 | 15.34 % change on previous year | +30.7% |
| 1981 | 13.19 % change on previous year | -14.0% |
| 1982 | -3.69 % change on previous year | -128.0% |
| 1983 | -0.486 % change on previous year | -86.8% |
| 1984 | 5.66 % change on previous year | -1265.0% |
| 1985 | -10.65 % change on previous year | -288.1% |
| 1986 | 8.2 % change on previous year | -177.0% |
| 1987 | 19.4 % change on previous year | +136.7% |
| 1988 | 24.38 % change on previous year | +25.7% |
| 1989 | 8.21 % change on previous year | -66.3% |
| 1990 | 1.17 % change on previous year | -85.7% |
| 1991 | 1.18 % change on previous year | +0.7% |
| 1992 | 0.1414 % change on previous year | -88.0% |
| 1993 | -0.8957 % change on previous year | -733.3% |
| 1994 | 13.45 % change on previous year | -1601.9% |
| 1995 | 9.03 % change on previous year | -32.8% |
| 1996 | 10.6 % change on previous year | +17.3% |
| 1997 | 0.5426 % change on previous year | -94.9% |
| 1998 | -11.39 % change on previous year | -2199.1% |
| 1999 | 8.55 % change on previous year | -175.1% |
| 2000 | -4.56 % change on previous year | -153.3% |
| 2001 | -4.04 % change on previous year | -11.4% |
| 2002 | 11.7 % change on previous year | -389.3% |
| 2003 | 29 % change on previous year | +147.9% |
| 2004 | 20.2 % change on previous year | -30.3% |
| 2005 | 11.73 % change on previous year | -41.9% |
| 2006 | 5.58 % change on previous year | -52.4% |
| 2007 | 20.92 % change on previous year | +274.6% |
| 2008 | 6.66 % change on previous year | -68.2% |
| 2009 | -4.42 % change on previous year | -166.3% |
| 2010 | 26.39 % change on previous year | -697.2% |
| 2011 | 19.57 % change on previous year | -25.8% |
| 2012 | 3.67 % change on previous year | -81.2% |
| 2013 | -1.88 % change on previous year | -151.3% |
| 2014 | -3.18 % change on previous year | +68.6% |
| 2015 | -14.6 % change on previous year | +359.5% |
| 2016 | 4.58 % change on previous year | -131.4% |
| 2017 | 7.72 % change on previous year | +68.7% |
| 2018 | 2.91 % change on previous year | -62.4% |
| 2019 | -3.4 % change on previous year | -217.1% |
| 2020 | 4.54 % change on previous year | -233.3% |
| 2021 | 18.25 % change on previous year | +302.3% |
| 2022 | 0.896 % change on previous year | -95.1% |
| 2023 | 0.9135 % change on previous year | +2.0% |
Biggest year-on-year movements
Years where Gross National Income — Value US$, annual growth rate in Oceania 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 |
|---|---|---|---|
| 1978 | +331416.9% | -0.0052 % change on previous year | 17.16 % change on previous year |
| 1998 | -2199.1% | 0.5426 % change on previous year | -11.39 % change on previous year |
| 1994 | +1601.9% | -0.8957 % change on previous year | 13.45 % change on previous year |
| 1984 | +1265.0% | -0.486 % change on previous year | 5.66 % change on previous year |
| 2010 | +697.2% | -4.42 % change on previous year | 26.39 % change on previous year |
| 1993 | -733.3% | 0.1414 % change on previous year | -0.8957 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.82 % change on previous year | -0.0052 % change on previous year | 42.04 % change on previous year | 9 |
| 1980s | 7.96 % change on previous year | -10.65 % change on previous year | 24.38 % change on previous year | 10 |
| 1990s | 3.24 % change on previous year | -11.39 % change on previous year | 13.45 % change on previous year | 10 |
| 2000s | 9.28 % change on previous year | -4.56 % change on previous year | 29 % change on previous year | 10 |
| 2010s | 4.18 % change on previous year | -14.6 % change on previous year | 26.39 % change on previous year | 10 |
| 2020s | 6.15 % change on previous year | 0.896 % change on previous year | 18.25 % change on previous year | 4 |
Countries ranked near Oceania
- 20 Croatia 18.27 % change on previous year compare
- 21 Guinea 17.84 % change on previous year compare
- 22 Kazakhstan 17.2 % change on previous year compare
- 23 Moldova 17.02 % change on previous year compare
- 23 Republic of Moldova 17.02 % change on previous year compare
- 25 Czechia 16.85 % change on previous year compare
- 26 Guinea-Bissau 16.61 % change on previous year compare
More economy & growth data for Oceania
- Gross Domestic Product — Annual growth US$, 2015 prices 1.3 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.38 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.32 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 25.84 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.01 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 462,578 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 538,945 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.1357 % (2024)
- Gross Domestic Product — Value US$ per capita 47,045 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 39,068 USD (2024)
Frequently asked questions
- What is gross national income — value us$, annual growth rate in Oceania?
- Gross national income — value us$, annual growth rate in Oceania was 0.9135 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value us$, annual growth rate recorded in Oceania?
- The highest recorded value was 42.04 % change on previous year in 1973.
- What is the lowest gross national income — value us$, annual growth rate recorded in Oceania?
- The lowest recorded value was -14.6 % change on previous year in 2015.
- How does Oceania rank for gross national income — value us$, annual growth rate?
- Oceania ranks 23rd out of 30 groups with data for 2023.
- Is gross national income — value us$, annual growth rate rising or falling in Oceania?
- Over the last ten years it is up 148.5%. The long-run trend across the full record is volatile.
- Where does this Oceania 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.