Gross National Income — Value US$ in Western Asia
Western Asia: Gross National Income — Value US$ was 4.26 million million USD in 2023. ◆ Volatile
Gross National Income — Value US$ in Western Asia, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, gross national income — value us$ in Western Asia stood at 4.26 million million USD. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 2.2% on the previous year and up 26.0% over ten years.
Over the whole period, gross national income — value us$ in Western Asia peaked at 4.26 million million USD in 2023 and was at its lowest, 49,117 million USD, in 1970.
That places Western Asia 12th 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 Western Asia, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 49,117 million USD | — |
| 1971 | 52,691 million USD | +7.3% |
| 1972 | 64,971 million USD | +23.3% |
| 1973 | 85,232 million USD | +31.2% |
| 1974 | 153,984 million USD | +80.7% |
| 1975 | 177,827 million USD | +15.5% |
| 1976 | 216,251 million USD | +21.6% |
| 1977 | 249,019 million USD | +15.2% |
| 1978 | 270,251 million USD | +8.5% |
| 1979 | 367,464 million USD | +36.0% |
| 1980 | 422,683 million USD | +15.0% |
| 1981 | 456,038 million USD | +7.9% |
| 1982 | 415,775 million USD | -8.8% |
| 1983 | 390,027 million USD | -6.2% |
| 1984 | 376,704 million USD | -3.4% |
| 1985 | 363,105 million USD | -3.6% |
| 1986 | 356,975 million USD | -1.7% |
| 1987 | 387,973 million USD | +8.7% |
| 1988 | 409,301 million USD | +5.5% |
| 1989 | 448,145 million USD | +9.5% |
| 1990 | 545,036 million USD | +21.6% |
| 1991 | 560,327 million USD | +2.8% |
| 1992 | 599,557 million USD | +7.0% |
| 1993 | 630,575 million USD | +5.2% |
| 1994 | 575,094 million USD | -8.8% |
| 1995 | 680,089 million USD | +18.3% |
| 1996 | 744,587 million USD | +9.5% |
| 1997 | 783,120 million USD | +5.2% |
| 1998 | 780,353 million USD | -0.4% |
| 1999 | 797,277 million USD | +2.2% |
| 2000 | 898,870 million USD | +12.7% |
| 2001 | 819,628 million USD | -8.8% |
| 2002 | 866,215 million USD | +5.7% |
| 2003 | 1.01 million million USD | +16.3% |
| 2004 | 1.23 million million USD | +22.3% |
| 2005 | 1.52 million million USD | +23.1% |
| 2006 | 1.77 million million USD | +16.4% |
| 2007 | 2.09 million million USD | +18.3% |
| 2008 | 2.56 million million USD | +22.4% |
| 2009 | 2.19 million million USD | -14.3% |
| 2010 | 2.53 million million USD | +15.6% |
| 2011 | 3.01 million million USD | +18.6% |
| 2012 | 3.20 million million USD | +6.5% |
| 2013 | 3.38 million million USD | +5.6% |
| 2014 | 3.41 million million USD | +0.8% |
| 2015 | 3.00 million million USD | -12.0% |
| 2016 | 2.98 million million USD | -0.7% |
| 2017 | 3.14 million million USD | +5.3% |
| 2018 | 3.36 million million USD | +7.0% |
| 2019 | 3.35 million million USD | -0.2% |
| 2020 | 2.97 million million USD | -11.4% |
| 2021 | 3.50 million million USD | +18.0% |
| 2022 | 4.17 million million USD | +19.0% |
| 2023 | 4.26 million million USD | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 168,681 million USD | 49,117 million USD | 367,464 million USD | 10 |
| 1980s | 402,673 million USD | 356,975 million USD | 456,038 million USD | 10 |
| 1990s | 669,602 million USD | 545,036 million USD | 797,277 million USD | 10 |
| 2000s | 1.49 million million USD | 819,628 million USD | 2.56 million million USD | 10 |
| 2010s | 3.14 million million USD | 2.53 million million USD | 3.41 million million USD | 10 |
| 2020s | 3.72 million million USD | 2.97 million million USD | 4.26 million million USD | 4 |
Countries ranked near Western Asia
- 9 Canada 2.11 million million USD compare
- 10 Australia and New Zealand 1.96 million million USD compare
- 11 Russian Federation 1.96 million million USD compare
- 12 Republic of Korea 1.87 million million USD compare
- 13 Mexico 1.75 million million USD compare
- 14 Australia 1.72 million million USD compare
- 15 Spain 1.60 million million USD compare
More economy & growth data for Western Asia
- Gross Domestic Product — Value US$ 4.55 million million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.74 % (2024)
- Gross Domestic Product — Annual growth US$ 6.59 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.84 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 12,408 USD (2024)
- Gross Domestic Product — Value US$ per capita 14,704 USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 26.15 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.8 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 2.46 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 1.00 million million USD (2024)
Frequently asked questions
- What is gross national income — value us$ in Western Asia?
- Gross national income — value us$ in Western Asia was 4.26 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 Western Asia?
- The highest recorded value was 4.26 million million USD in 2023.
- What is the lowest gross national income — value us$ recorded in Western Asia?
- The lowest recorded value was 49,117 million USD in 1970.
- How does Western Asia rank for gross national income — value us$?
- Western Asia ranks 12th out of 29 groups with data for 2023.
- Is gross national income — value us$ rising or falling in Western Asia?
- Over the last ten years it is up 26.0%. The long-run trend across the full record is volatile.
- Where does this Western Asia 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).