Gross National Income — Value US$ in Least Developed Countries (LDCs)
Least Developed Countries (LDCs): Gross National Income — Value US$ was 1.42 million million USD in 2023. ◆ Volatile
Gross National Income — Value US$ in Least Developed Countries (LDCs), 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, gross national income — value us$ in Least Developed Countries (LDCs) stood at 1.42 million million USD. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 53.4% over ten years.
Over the whole period, gross national income — value us$ in Least Developed Countries (LDCs) peaked at 1.42 million million USD in 2023 and was at its lowest, 44,056 million USD, in 1970.
Least Developed Countries (LDCs) ranks 2nd of 20 regions on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$ in Least Developed Countries (LDCs), year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 44,056 million USD | — |
| 1971 | 46,107 million USD | +4.7% |
| 1972 | 50,572 million USD | +9.7% |
| 1973 | 59,419 million USD | +17.5% |
| 1974 | 69,742 million USD | +17.4% |
| 1975 | 74,862 million USD | +7.3% |
| 1976 | 77,784 million USD | +3.9% |
| 1977 | 85,843 million USD | +10.4% |
| 1978 | 101,650 million USD | +18.4% |
| 1979 | 112,433 million USD | +10.6% |
| 1980 | 124,121 million USD | +10.4% |
| 1981 | 124,801 million USD | +0.5% |
| 1982 | 121,919 million USD | -2.3% |
| 1983 | 119,949 million USD | -1.6% |
| 1984 | 121,703 million USD | +1.5% |
| 1985 | 126,836 million USD | +4.2% |
| 1986 | 137,523 million USD | +8.4% |
| 1987 | 137,652 million USD | +0.1% |
| 1988 | 145,236 million USD | +5.5% |
| 1989 | 157,471 million USD | +8.4% |
| 1990 | 167,300 million USD | +6.2% |
| 1991 | 171,271 million USD | +2.4% |
| 1992 | 163,148 million USD | -4.7% |
| 1993 | 163,225 million USD | +0.0% |
| 1994 | 150,724 million USD | -7.7% |
| 1995 | 169,331 million USD | +12.3% |
| 1996 | 177,924 million USD | +5.1% |
| 1997 | 190,247 million USD | +6.9% |
| 1998 | 188,823 million USD | -0.7% |
| 1999 | 192,956 million USD | +2.2% |
| 2000 | 200,428 million USD | +3.9% |
| 2001 | 205,639 million USD | +2.6% |
| 2002 | 221,132 million USD | +7.5% |
| 2003 | 248,059 million USD | +12.2% |
| 2004 | 284,576 million USD | +14.7% |
| 2005 | 333,998 million USD | +17.4% |
| 2006 | 403,356 million USD | +20.8% |
| 2007 | 486,591 million USD | +20.6% |
| 2008 | 586,911 million USD | +20.6% |
| 2009 | 599,563 million USD | +2.2% |
| 2010 | 685,592 million USD | +14.3% |
| 2011 | 802,979 million USD | +17.1% |
| 2012 | 853,404 million USD | +6.3% |
| 2013 | 922,470 million USD | +8.1% |
| 2014 | 1.02 million million USD | +10.7% |
| 2015 | 993,128 million USD | -2.7% |
| 2016 | 1.03 million million USD | +3.4% |
| 2017 | 1.13 million million USD | +9.9% |
| 2018 | 1.13 million million USD | +0.4% |
| 2019 | 1.16 million million USD | +2.0% |
| 2020 | 1.16 million million USD | +0.3% |
| 2021 | 1.29 million million USD | +11.2% |
| 2022 | 1.37 million million USD | +6.5% |
| 2023 | 1.42 million million USD | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 72,247 million USD | 44,056 million USD | 112,433 million USD | 10 |
| 1980s | 131,721 million USD | 119,949 million USD | 157,471 million USD | 10 |
| 1990s | 173,495 million USD | 150,724 million USD | 192,956 million USD | 10 |
| 2000s | 357,025 million USD | 200,428 million USD | 599,563 million USD | 10 |
| 2010s | 972,460 million USD | 685,592 million USD | 1.16 million million USD | 10 |
| 2020s | 1.31 million million USD | 1.16 million million USD | 1.42 million million USD | 4 |
Countries ranked near Least Developed Countries (LDCs)
- 1 China, mainland 17.65 million million USD compare
- 2 Germany 4.64 million million USD compare
- 3 Japan 4.47 million million USD compare
- 4 India 3.52 million million USD compare
- 5 United Kingdom of Great Britain and Northern Ireland 3.36 million million USD compare
More economy & growth data for Least Developed Countries (LDCs)
- Gross Fixed Capital Formation — Value US$ 380,646 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 6.33 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.46 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 31.16 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.21 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 437,904 million USD (2024)
- Gross Domestic Product — Value US$ 1.51 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 1,271 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.41 million million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.8908 % (2024)
Frequently asked questions
- What is gross national income — value us$ in Least Developed Countries (LDCs)?
- Gross national income — value us$ in Least Developed Countries (LDCs) was 1.42 million million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value us$ recorded in Least Developed Countries (LDCs)?
- The highest recorded value was 1.42 million million USD in 2023.
- What is the lowest gross national income — value us$ recorded in Least Developed Countries (LDCs)?
- The lowest recorded value was 44,056 million USD in 1970.
- How does Least Developed Countries (LDCs) rank for gross national income — value us$?
- Least Developed Countries (LDCs) ranks 2nd out of 20 regions with data for 2023.
- Is gross national income — value us$ rising or falling in Least Developed Countries (LDCs)?
- Over the last ten years it is up 53.4%. The long-run trend across the full record is volatile.
- Where does this Least Developed Countries (LDCs) data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — 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).