Gross National Income — Value US$, annual growth rate in South America
South America: Gross National Income — Value US$, annual growth rate was 8.73 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value US$, annual growth rate in South America, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
South America recorded 8.73 % change on previous year for gross national income — value us$, annual growth rate in 2023.
That represents a change of down 43.1% on the previous year and up 222.3% over ten years.
Over the whole period, gross national income — value us$, annual growth rate in South America peaked at 28.47 % change on previous year in 2005 and was at its lowest, -21.44 % change on previous year, in 2002.
South America ranks 10th of 30 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$, annual growth rate in South America, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 25.66 % change on previous year | — |
| 1972 | 6.99 % change on previous year | -72.7% |
| 1973 | 25.32 % change on previous year | +262.1% |
| 1974 | 26.26 % change on previous year | +3.7% |
| 1975 | 8.3 % change on previous year | -68.4% |
| 1976 | 13.65 % change on previous year | +64.4% |
| 1977 | 15.8 % change on previous year | +15.8% |
| 1978 | -1.34 % change on previous year | -108.5% |
| 1979 | 26.47 % change on previous year | -2078.6% |
| 1980 | 12.82 % change on previous year | -51.6% |
| 1981 | 17.1 % change on previous year | +33.5% |
| 1982 | -3.41 % change on previous year | -119.9% |
| 1983 | -13.33 % change on previous year | +290.9% |
| 1984 | -2.72 % change on previous year | -79.6% |
| 1985 | 0.1313 % change on previous year | -104.8% |
| 1986 | 14.87 % change on previous year | +11226.2% |
| 1987 | 6.53 % change on previous year | -56.1% |
| 1988 | 11.75 % change on previous year | +79.9% |
| 1989 | 5.58 % change on previous year | -52.5% |
| 1990 | 20.23 % change on previous year | +262.3% |
| 1991 | 3.35 % change on previous year | -83.4% |
| 1992 | 8.85 % change on previous year | +164.3% |
| 1993 | 7.69 % change on previous year | -13.1% |
| 1994 | 26.12 % change on previous year | +239.5% |
| 1995 | 22.24 % change on previous year | -14.9% |
| 1996 | 6.7 % change on previous year | -69.9% |
| 1997 | 6.09 % change on previous year | -9.2% |
| 1998 | -2.05 % change on previous year | -133.7% |
| 1999 | -19.67 % change on previous year | +858.2% |
| 2000 | 6.1 % change on previous year | -131.0% |
| 2001 | -8.32 % change on previous year | -236.4% |
| 2002 | -21.44 % change on previous year | +157.5% |
| 2003 | 7.8 % change on previous year | -136.4% |
| 2004 | 20.89 % change on previous year | +167.9% |
| 2005 | 28.47 % change on previous year | +36.3% |
| 2006 | 21.8 % change on previous year | -23.5% |
| 2007 | 24.67 % change on previous year | +13.2% |
| 2008 | 21.96 % change on previous year | -11.0% |
| 2009 | -1.98 % change on previous year | -109.0% |
| 2010 | 27.39 % change on previous year | -1486.0% |
| 2011 | 14.8 % change on previous year | -46.0% |
| 2012 | 1.71 % change on previous year | -88.4% |
| 2013 | 2.71 % change on previous year | +58.2% |
| 2014 | -1.82 % change on previous year | -167.1% |
| 2015 | -16.08 % change on previous year | +784.5% |
| 2016 | -4.15 % change on previous year | -74.2% |
| 2017 | 11.04 % change on previous year | -365.7% |
| 2018 | -7.44 % change on previous year | -167.4% |
| 2019 | -5.37 % change on previous year | -27.8% |
| 2020 | -16.96 % change on previous year | +215.6% |
| 2021 | 14.92 % change on previous year | -188.0% |
| 2022 | 15.34 % change on previous year | +2.8% |
| 2023 | 8.73 % change on previous year | -43.1% |
Biggest year-on-year movements
Years where Gross National Income — Value US$, annual growth rate in South America 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 |
|---|---|---|---|
| 1986 | +11226.2% | 0.1313 % change on previous year | 14.87 % change on previous year |
| 1979 | +2078.6% | -1.34 % change on previous year | 26.47 % change on previous year |
| 2010 | +1486.0% | -1.98 % change on previous year | 27.39 % change on previous year |
| 1999 | -858.2% | -2.05 % change on previous year | -19.67 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.35 % change on previous year | -1.34 % change on previous year | 26.47 % change on previous year | 9 |
| 1980s | 4.93 % change on previous year | -13.33 % change on previous year | 17.1 % change on previous year | 10 |
| 1990s | 7.95 % change on previous year | -19.67 % change on previous year | 26.12 % change on previous year | 10 |
| 2000s | 9.99 % change on previous year | -21.44 % change on previous year | 28.47 % change on previous year | 10 |
| 2010s | 2.28 % change on previous year | -16.08 % change on previous year | 27.39 % change on previous year | 10 |
| 2020s | 5.51 % change on previous year | -16.96 % change on previous year | 15.34 % change on previous year | 4 |
Countries ranked near South America
- 7 Costa Rica 25.22 % change on previous year compare
- 8 Armenia 24.11 % change on previous year compare
- 9 Turkey 23.22 % change on previous year compare
- 9 Türkiye 23.22 % change on previous year compare
- 11 Georgia 22.62 % change on previous year compare
- 12 Mexico 22.38 % change on previous year compare
- 13 Samoa 21.89 % change on previous year compare
More economy & growth data for South America
- Gross Domestic Product, GDP in millions constant 2021 international $ 9.17 million (2027)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.51 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 0.8745 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -0.3025 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 17.35 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 17.32 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 682,399 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 753,486 million USD (2024)
- Gross Domestic Product — Value US$ 4.35 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 9,035 USD (2024)
Frequently asked questions
- What is gross national income — value us$, annual growth rate in South America?
- Gross national income — value us$, annual growth rate in South America was 8.73 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value us$, annual growth rate recorded in South America?
- The highest recorded value was 28.47 % change on previous year in 2005.
- What is the lowest gross national income — value us$, annual growth rate recorded in South America?
- The lowest recorded value was -21.44 % change on previous year in 2002.
- How does South America rank for gross national income — value us$, annual growth rate?
- South America ranks 10th out of 30 groups with data for 2023.
- Is gross national income — value us$, annual growth rate rising or falling in South America?
- Over the last ten years it is up 222.3%. The long-run trend across the full record is volatile.
- Where does this South America 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.