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American Samoa — GDP growth

Also known as economic growth rate, GDP growth rate, annual growth of the economy, growth rate.

GDP Growth (Annual %) for American Samoa, 2003–2022.

Latest value · 2022
1.74%
GDP Growth (Annual %) · annual % · +79.7% since 2003
Free for any use — attribution is the link itself.

GDP growth for American Samoa was 1.74% in 2022, according to the latest World Bank data. The series covers 20 years, from 2003 to 2022. The highest recorded value was 4.41% in 2020. The lowest was -6.99% in 2017 (about -4.0× the latest value). Across that span the compound annual growth rate works out to 3.13% per year.

American Samoa ranks 156 of 212 economies on this measure (1 = highest), putting it in the top 74%. The median for East Asia & Pacific is 3.62%, so American Samoa sits below it. It peaked in 2020 and has fallen 61% since. Over the last decade (2012–2022) the figure moved up 140%. Within East Asia & Pacific it ranks 26 of 36 economies; Tuvalu (1.64%) is just below it. Its sharpest one-year move was up 1004% in 2020. That is 727% above this series' own ten-year average.

Data highlights

From its 2003 level: doubled by 2015. Doubling roughly every 22 years at that pace.

World ranking. Slipped: 166th of 204 in 2003 → 178th of 209 in 2010 → 9th of 209 in 2020 → 170th of 209 in 2022.

Adjacent in the latest world ranking (156 of 212): Canada (#155) · Namibia (#157).

Key figures

Latest (2022)
1.74%
First (2003)
0.97%
Change
+79.7%
Highest
4.41%
in 2020
Lowest
-6.99%
in 2017
Average
-0.54%
Annual growth (CAGR)
3.13%
Years of data
20

Recent published years. 2022 — 1.74% · 2021 — -0.78% · 2020 — 4.41% · 2019 — -0.49% · 2018 — 2.67%.

Full history — 2003 to 2022

All 20 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

American Samoa — GDP growth
Yearannual %Change
20221.74%+2.5 pp
2021-0.78%-5.2 pp
20204.41%+4.9 pp
2019-0.49%-3.2 pp
20182.67%+9.7 pp
2017-6.99%-5.3 pp
2016-1.68%-4.8 pp
20153.15%+1.4 pp
20141.76%+4.3 pp
2013-2.5%+1.8 pp
2012-4.33%—
20110%-0.3 pp
20100.3%+4.5 pp
2009-4.17%-1.5 pp
2008-2.66%-4.5 pp
20071.85%+6.0 pp
2006-4.1%-3.7 pp
2005-0.41%-0.8 pp
20040.41%-0.6 pp
20030.97%—
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Frequently asked questions

What was American Samoa’s GDP growth in 2004?

0.41% (2004). The full year-by-year table above lists every published year, most recent first.

Are changes in this series measured in percentage points?

Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.

Is American Samoa’s GDP growth growing or shrinking?

Between 2003 and 2022 the series was growing overall: +79.7% in total — about 3.1% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2022: 1.74%; 2021: -0.78%; 2020: 4.41%; 2019: -0.49%; 2018: 2.67%. Earlier years are in the full-history table below.

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<iframe src="https://metrikatlas.com/embed/american-samoa/gdp-growth/" width="600" height="360" style="border:0" loading="lazy" title="American Samoa — GDP growth"></iframe>Free to use with attribution — the link back is the attribution.
Source. World Bank Open Data, indicator NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.
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