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Northern Mariana Islands: GDP (current US$)

In , Northern Mariana Islands's GDP (current US$) was $1.10 billion.

That's up 19.9% from 2021, the highest value since .

The global average for this indicator in 2022 was $572.20 billion .

Source: World Bank Open Data (NY.GDP.MKTP.CD) • Data as of 2022

Trend (2005–2022)

Northern Mariana Islands GDP (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
$1.56B
Trough
729.00M
1-year change
+19.9%
5-year change
-29.7%
-6.8% / yr
10-year change
+46.9%
+3.9% / yr

Real vs nominal growth

Over the last 10 years, Northern Mariana Islands's nominal GDP (current US$) changed by +46.9%, while real (inflation-adjusted) GDP (constant 2015 US$) changed by +9.0%. The +37.9 percentage-point gap is the combined effect of inflation and currency movement — only the real series isolates underlying economic growth.

Historical Data — Last 10 Years

Year GDP (current US$)
1.096B
914.000M
866.000M
1.179B
1.301B
1.560B
1.230B
910.000M
832.000M
772.000M

About GDP (current US$)

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Indicator code: NY.GDP.MKTP.CDCategory: Economy

How to read GDP figures: GDP (Gross Domestic Product) is measured in current US dollars, which means values change both due to real economic growth and currency fluctuations. A more useful comparison across countries is GDP per capita, which divides GDP by population. For growth trends, check GDP growth (annual %).

Frequently asked questions

What was Northern Mariana Islands's GDP (current US$) in 2022?
In 2022, Northern Mariana Islands's GDP (current US$) was $1.10 billion, according to World Bank Open Data.
Is Northern Mariana Islands's GDP (current US$) rising or falling?
Northern Mariana Islands's GDP (current US$) rose 19.9% from 2021 to 2022.
How does Northern Mariana Islands's GDP (current US$) compare to the world average?
The global average for GDP (current US$) in 2022 was $572.20 billion, so Northern Mariana Islands is below the world average.
What is GDP (current US$) and how is it measured?
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
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Source: World Bank Open Data (NY.GDP.MKTP.CD), CC BY 4.0.