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St. Martin (French part): GDP growth (annual %)

In , St. Martin (French part)'s GDP growth (annual %) was 4.90.

That's up 139.2% from 2020, the highest value since .

The global average for this indicator in 2021 was 3.07 .

Source: World Bank Open Data (NY.GDP.MKTP.KD.ZG) • Data as of 2021

Trend (2015–2021)

St. Martin (French part) GDP growth (annual %) trend 2020: COVID-19 pandemic
  • 2020 · COVID-19 pandemic

Highlights

Peak
6.50
Trough
-12.50
1-year change
+139.2%
5-year change
-2.0%
-0.4% / yr

Historical Data — Last 10 Years

Year GDP growth (annual %)
4.9000
-12.5000
6.5000
-8.0000
-8.0000
5.0000
1.0000

About GDP growth (annual %)

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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

Indicator code: NY.GDP.MKTP.KD.ZG • Category: 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 St. Martin (French part)'s GDP growth (annual %) in 2021?
In 2021, St. Martin (French part)'s GDP growth (annual %) was 4.90, according to World Bank Open Data.
Is St. Martin (French part)'s GDP growth (annual %) rising or falling?
St. Martin (French part)'s GDP growth (annual %) rose 139.2% from 2020 to 2021.
How does St. Martin (French part)'s GDP growth (annual %) compare to the world average?
The global average for GDP growth (annual %) in 2021 was 3.07, so St. Martin (French part) is above the world average.
What is GDP growth (annual %) 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
Download this data: CSV JSON

Source: World Bank Open Data (NY.GDP.MKTP.KD.ZG), CC BY 4.0.