Gross National Income — Value US$ in Oceania
Oceania: Gross National Income — Value US$ was 2.02 million million USD in 2023. ◆ Volatile
Gross National Income — Value US$ in Oceania, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, gross national income — value us$ in Oceania stood at 2.02 million million USD. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 0.9% on the previous year and up 16.5% over ten years.
Over the whole period, gross national income — value us$ in Oceania peaked at 2.02 million million USD in 2023 and was at its lowest, 53,177 million USD, in 1970.
That places Oceania 19th out of 29 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$ in Oceania, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 53,177 million USD | — |
| 1971 | 60,211 million USD | +13.2% |
| 1972 | 71,377 million USD | +18.5% |
| 1973 | 101,383 million USD | +42.0% |
| 1974 | 120,790 million USD | +19.1% |
| 1975 | 127,147 million USD | +5.3% |
| 1976 | 135,118 million USD | +6.3% |
| 1977 | 135,111 million USD | -0.0% |
| 1978 | 158,302 million USD | +17.2% |
| 1979 | 176,881 million USD | +11.7% |
| 1980 | 204,022 million USD | +15.3% |
| 1981 | 230,937 million USD | +13.2% |
| 1982 | 222,410 million USD | -3.7% |
| 1983 | 221,329 million USD | -0.5% |
| 1984 | 233,861 million USD | +5.7% |
| 1985 | 208,951 million USD | -10.7% |
| 1986 | 226,081 million USD | +8.2% |
| 1987 | 269,943 million USD | +19.4% |
| 1988 | 335,767 million USD | +24.4% |
| 1989 | 363,330 million USD | +8.2% |
| 1990 | 367,583 million USD | +1.2% |
| 1991 | 371,916 million USD | +1.2% |
| 1992 | 372,442 million USD | +0.1% |
| 1993 | 369,106 million USD | -0.9% |
| 1994 | 418,760 million USD | +13.5% |
| 1995 | 456,592 million USD | +9.0% |
| 1996 | 504,970 million USD | +10.6% |
| 1997 | 507,710 million USD | +0.5% |
| 1998 | 449,883 million USD | -11.4% |
| 1999 | 488,361 million USD | +8.6% |
| 2000 | 466,078 million USD | -4.6% |
| 2001 | 447,232 million USD | -4.0% |
| 2002 | 499,545 million USD | +11.7% |
| 2003 | 644,408 million USD | +29.0% |
| 2004 | 774,602 million USD | +20.2% |
| 2005 | 865,451 million USD | +11.7% |
| 2006 | 913,782 million USD | +5.6% |
| 2007 | 1.10 million million USD | +20.9% |
| 2008 | 1.18 million million USD | +6.7% |
| 2009 | 1.13 million million USD | -4.4% |
| 2010 | 1.42 million million USD | +26.4% |
| 2011 | 1.70 million million USD | +19.6% |
| 2012 | 1.76 million million USD | +3.7% |
| 2013 | 1.73 million million USD | -1.9% |
| 2014 | 1.68 million million USD | -3.2% |
| 2015 | 1.43 million million USD | -14.6% |
| 2016 | 1.50 million million USD | +4.6% |
| 2017 | 1.61 million million USD | +7.7% |
| 2018 | 1.66 million million USD | +2.9% |
| 2019 | 1.60 million million USD | -3.4% |
| 2020 | 1.68 million million USD | +4.5% |
| 2021 | 1.98 million million USD | +18.2% |
| 2022 | 2.00 million million USD | +0.9% |
| 2023 | 2.02 million million USD | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 113,950 million USD | 53,177 million USD | 176,881 million USD | 10 |
| 1980s | 251,663 million USD | 204,022 million USD | 363,330 million USD | 10 |
| 1990s | 430,732 million USD | 367,583 million USD | 507,710 million USD | 10 |
| 2000s | 802,115 million USD | 447,232 million USD | 1.18 million million USD | 10 |
| 2010s | 1.61 million million USD | 1.42 million million USD | 1.76 million million USD | 10 |
| 2020s | 1.92 million million USD | 1.68 million million USD | 2.02 million million USD | 4 |
Countries ranked near Oceania
- 16 Indonesia 1.34 million million USD compare
- 17 Netherlands (Kingdom of the) 1.14 million million USD compare
- 18 Saudi Arabia 1.08 million million USD compare
- 19 Switzerland 867,093 million USD compare
- 20 USSR 790,484 million USD compare
- 21 Poland 768,963 million USD compare
- 22 Belgium 653,552 million USD compare
More economy & growth data for Oceania
- Gross Domestic Product — Value US$ per capita 47,045 USD (2024)
- Gross Domestic Product — Annual growth US$ per capita 2.09 % (2024)
- Gross Domestic Product — Annual growth US$ 3.27 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.79 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 39,068 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.32 % (2024)
- Gross Domestic Product — Value US$ 2.16 million million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 25.84 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.3 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.38 % (2024)
Frequently asked questions
- What is gross national income — value us$ in Oceania?
- Gross national income — value us$ in Oceania was 2.02 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 Oceania?
- The highest recorded value was 2.02 million million USD in 2023.
- What is the lowest gross national income — value us$ recorded in Oceania?
- The lowest recorded value was 53,177 million USD in 1970.
- How does Oceania rank for gross national income — value us$?
- Oceania ranks 19th out of 29 groups with data for 2023.
- Is gross national income — value us$ rising or falling in Oceania?
- Over the last ten years it is up 16.5%. The long-run trend across the full record is volatile.
- Where does this Oceania 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.
Download this data
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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).