Gross National Income — Value US$, annual growth rate in Western Asia

Western Asia: Gross National Income — Value US$, annual growth rate was 2.22 % change on previous year in 2023. ◆ Volatile

Latest (2023)
2.22 % change on previous year
Change on year
down 88.3%
Rank
20th
of 30 groups
All-time high
80.67 % change on previous year
in 1974
All-time low
-14.33 % change on previous year
in 2009
Years of data
53
1971–2023

Gross National Income — Value US$, annual growth rate in Western Asia, 1971–2023

-20020406080197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross national income — value us$, annual growth rate in Western Asia is 2.22 % change on previous year, measured in 2023.

The figure is down 88.3% on the previous year and down 60.4% over ten years.

Over the whole period, gross national income — value us$, annual growth rate in Western Asia peaked at 80.67 % change on previous year in 1974 and was at its lowest, -14.33 % change on previous year, in 2009.

That places Western Asia 20th out of 30 groups with data for 2023, putting it 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 Western Asia, year by year

Annual values for Gross National Income — Value US$, annual growth rate in Western Asia, 1971 to 2023.
Year % change on previous year Change
1971 7.28 % change on previous year
1972 23.31 % change on previous year +220.3%
1973 31.18 % change on previous year +33.8%
1974 80.67 % change on previous year +158.7%
1975 15.48 % change on previous year -80.8%
1976 21.61 % change on previous year +39.5%
1977 15.15 % change on previous year -29.9%
1978 8.53 % change on previous year -43.7%
1979 35.97 % change on previous year +321.9%
1980 15.03 % change on previous year -58.2%
1981 7.89 % change on previous year -47.5%
1982 -8.83 % change on previous year -211.9%
1983 -6.19 % change on previous year -29.9%
1984 -3.42 % change on previous year -44.8%
1985 -3.61 % change on previous year +5.7%
1986 -1.69 % change on previous year -53.2%
1987 8.68 % change on previous year -614.4%
1988 5.5 % change on previous year -36.7%
1989 9.49 % change on previous year +72.6%
1990 21.62 % change on previous year +127.8%
1991 2.81 % change on previous year -87.0%
1992 7 % change on previous year +149.6%
1993 5.17 % change on previous year -26.1%
1994 -8.8 % change on previous year -270.1%
1995 18.26 % change on previous year -307.5%
1996 9.48 % change on previous year -48.1%
1997 5.18 % change on previous year -45.4%
1998 -0.3533 % change on previous year -106.8%
1999 2.17 % change on previous year -713.8%
2000 12.74 % change on previous year +487.5%
2001 -8.82 % change on previous year -169.2%
2002 5.68 % change on previous year -164.5%
2003 16.35 % change on previous year +187.6%
2004 22.27 % change on previous year +36.2%
2005 23.09 % change on previous year +3.7%
2006 16.41 % change on previous year -28.9%
2007 18.34 % change on previous year +11.8%
2008 22.43 % change on previous year +22.3%
2009 -14.33 % change on previous year -163.9%
2010 15.62 % change on previous year -209.0%
2011 18.62 % change on previous year +19.2%
2012 6.5 % change on previous year -65.1%
2013 5.61 % change on previous year -13.7%
2014 0.8194 % change on previous year -85.4%
2015 -11.99 % change on previous year -1563.0%
2016 -0.7194 % change on previous year -94.0%
2017 5.32 % change on previous year -840.0%
2018 7.04 % change on previous year +32.3%
2019 -0.2469 % change on previous year -103.5%
2020 -11.41 % change on previous year +4519.5%
2021 18.02 % change on previous year -258.0%
2022 19.04 % change on previous year +5.7%
2023 2.22 % change on previous year -88.3%

Biggest year-on-year movements

Years where Gross National Income — Value US$, annual growth rate in Western Asia 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.

YearChange FromTo
2020 -4519.5% -0.2469 % change on previous year -11.41 % change on previous year
2015 -1563.0% 0.8194 % change on previous year -11.99 % change on previous year
2017 +840.0% -0.7194 % change on previous year 5.32 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 26.57 % change on previous year 7.28 % change on previous year 80.67 % change on previous year 9
1980s 2.29 % change on previous year -8.83 % change on previous year 15.03 % change on previous year 10
1990s 6.25 % change on previous year -8.8 % change on previous year 21.62 % change on previous year 10
2000s 11.42 % change on previous year -14.33 % change on previous year 23.09 % change on previous year 10
2010s 4.66 % change on previous year -11.99 % change on previous year 18.62 % change on previous year 10
2020s 6.97 % change on previous year -11.41 % change on previous year 19.04 % change on previous year 4

Countries ranked near Western Asia

  1. 17 San Marino 19.21 % change on previous year compare
  2. 18 Romania 18.36 % change on previous year compare
  3. 19 Serbia 18.29 % change on previous year compare
  4. 20 Croatia 18.27 % change on previous year compare
  5. 21 Guinea 17.84 % change on previous year compare
  6. 22 Kazakhstan 17.2 % change on previous year compare
  7. 23 Moldova 17.02 % change on previous year compare
  8. 23 Republic of Moldova 17.02 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Western Asia

All data for Western Asia →

Frequently asked questions

What is gross national income — value us$, annual growth rate in Western Asia?
Gross national income — value us$, annual growth rate in Western Asia was 2.22 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross national income — value us$, annual growth rate recorded in Western Asia?
The highest recorded value was 80.67 % change on previous year in 1974.
What is the lowest gross national income — value us$, annual growth rate recorded in Western Asia?
The lowest recorded value was -14.33 % change on previous year in 2009.
How does Western Asia rank for gross national income — value us$, annual growth rate?
Western Asia ranks 20th out of 30 groups with data for 2023.
Is gross national income — value us$, annual growth rate rising or falling in Western Asia?
Over the last ten years it is down 60.4%. The long-run trend across the full record is volatile.
Where does this Western Asia 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.

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Gross National Income — Value US$, annual growth rate in Western Asia. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-national-income-value-us-annual-growth-rate/western-asia/

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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

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

Indicator
Gross National Income — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 13,049 data points, 1971–2023
Last refreshed

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.