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Northern Mariana Islands — GDP growth
GDP Growth (Annual %) for Northern Mariana Islands, 2003–2022.
Latest value · 2022
16.64%
GDP Growth (Annual %) · annual % · +4749.7% since 2003
GDP growth for Northern Mariana Islands was 16.64% in 2022, according to the latest World Bank data. The series covers 20 years, from 2003 to 2022. The highest recorded value was 29.21% in 2016. The lowest was -29.06% in 2020 (about -1.7× the latest value). Across that span the compound annual growth rate works out to 22.67% per year.
Northern Mariana Islands ranks 2 of 212 economies on this measure (1 = highest), putting it in the top 1%. The median for East Asia & Pacific is 3.62%, so Northern Mariana Islands sits above it. It peaked in 2016 and has fallen 43% since. Over the last decade (2012–2022) the figure moved up 1953%.
Key figures
Latest (2022)
16.64%
First (2003)
0.34%
Change
+4749.7%
Highest
29.21%
in 2016
Lowest
-29.06%
in 2020
Average
-1.93%
Annual growth (CAGR)
22.67%
Years of data
20
Recent years
| Year | annual % |
|---|---|
| 2022 | 16.64% |
| 2021 | 4.97% |
| 2020 | -29.06% |
| 2019 | -11.45% |
| 2018 | -19.5% |
| 2017 | 23.17% |
| 2016 | 29.21% |
| 2015 | 3.38% |
| 2014 | 4.18% |
| 2013 | 2.68% |
| 2012 | 0.81% |
| 2011 | -7.38% |
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.
Related data
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.