GDP in constant prices — all countries

GDP in constant prices — Melanesia

GDP in constant prices in Melanesia in 2025 — 36,990,533,403 US$ 2015. Since 1979, the indicator has risen by 294.4%.

2025 36.99B US$ 2015 +5.09% vs 2024
World rank
Period maximum 37.31B US$ 20152015
Period minimum 9.38B US$ 20151979

Trend over time

1979–2025 · constant 2015 US$

GDP in constant prices — Melanesia, 1979–2025010B20B30B40B19791984198919941999200420092014201920241979: 9,378,760,908 US$ 20151980: 9,671,380,564 US$ 20151981: 9,804,530,709 US$ 20151982: 9,679,265,299 US$ 20151983: 9,828,431,816 US$ 20151984: 10,026,307,035 US$ 20151985: 10,171,039,342 US$ 20151986: 10,673,504,387 US$ 20151987: 10,743,852,391 US$ 20151988: 10,984,122,774 US$ 20151989: 11,077,350,279 US$ 20151990: 11,052,015,635 US$ 20151991: 11,734,376,393 US$ 20151992: 13,102,029,476 US$ 20151993: 14,865,979,634 US$ 20151994: 15,756,632,652 US$ 20151995: 15,534,561,088 US$ 20151996: 16,565,876,486 US$ 20151997: 16,046,066,422 US$ 20151998: 15,669,594,081 US$ 20151999: 16,146,985,500 US$ 20152000: 15,712,613,382 US$ 20152001: 15,684,378,618 US$ 20152002: 15,725,860,021 US$ 20152003: 16,066,980,621 US$ 20152004: 16,639,121,592 US$ 20152005: 17,486,219,748 US$ 20152006: 18,306,844,488 US$ 20152007: 19,335,883,816 US$ 20152008: 19,429,662,977 US$ 20152009: 20,371,439,175 US$ 20152010: 22,092,440,617 US$ 20152011: 22,484,210,824 US$ 20152012: 23,347,023,299 US$ 20152013: 24,267,113,901 US$ 20152014: 26,976,166,893 US$ 20152015: 37,307,389,032 US$ 20152016: 29,979,843,084 US$ 20152017: 31,126,524,777 US$ 20152018: 31,315,247,548 US$ 20152019: 32,401,398,487 US$ 20152020: 30,615,837,862 US$ 20152021: 30,291,880,122 US$ 20152022: 32,398,092,555 US$ 20152023: 33,912,502,790 US$ 20152024: 35,197,953,511 US$ 20152025: 36,990,533,403 US$ 2015
Change over the period: +27.61B (+294.41%) Average annual rate: 3.03 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Melanesia

Melanesia 36.99B US$ 2015
World 99.66T US$ 2015
GDP in constant prices — Melanesia, by year Melanesia All countries CSV XLSX
Year US$ 2015 Change Change, %
2025 36.99B +1.79B +5.09%
2024 35.2B +1.29B +3.79%
2023 33.91B +1.51B +4.67%
2022 32.4B +2.11B +6.95%
2021 30.29B −324M −1.06%
2020 30.62B −1.79B −5.51%
2019 32.4B +1.09B +3.47%
2018 31.32B +189M +0.61%
2017 31.13B +1.15B +3.82%
2016 29.98B −7.33B −19.64%
2015 37.31B +10.33B +38.3%
2014 26.98B +2.71B +11.16%
2013 24.27B +920M +3.94%
2012 23.35B +863M +3.84%
2011 22.48B +392M +1.77%
2010 22.09B +1.72B +8.45%
2009 20.37B +942M +4.85%
2008 19.43B +93.78M +0.49%
2007 19.34B +1.03B +5.62%
2006 18.31B +821M +4.69%
2005 17.49B +847M +5.09%
2004 16.64B +572M +3.56%
2003 16.07B +341M +2.17%
2002 15.73B +41.48M +0.26%
2001 15.68B −28.23M −0.18%
2000 15.71B −434M −2.69%
1999 16.15B +477M +3.05%
1998 15.67B −376M −2.35%
1997 16.05B −520M −3.14%
1996 16.57B +1.03B +6.64%
1995 15.53B −222M −1.41%
1994 15.76B +891M +5.99%
1993 14.87B +1.76B +13.46%
1992 13.1B +1.37B +11.66%
1991 11.73B +682M +6.17%
1990 11.05B −25.33M −0.23%
1989 11.08B +93.23M +0.85%
1988 10.98B +240M +2.24%
1987 10.74B +70.35M +0.66%
1986 10.67B +502M +4.94%
1985 10.17B +145M +1.44%
1984 10.03B +198M +2.01%
1983 9.83B +149M +1.54%
1982 9.68B −125M −1.28%
1981 9.8B +133M +1.38%
1980 9.67B +293M +3.12%
1979 9.38B

About the indicator

Gross domestic product in constant 2015 prices and at the exchange rate of that same year. Unlike nominal GDP, this series does not grow with inflation or with movements of the exchange rate, so it is the only one on which the size of a country's economy can be compared with its own past. The difference accumulates fast: over thirty years the nominal GDP of most countries grew several times more than the real one, and almost all of that difference is price growth.

Important: Suited to comparing a country with itself over time, but not countries with one another: conversion at the 2015 exchange rate does not account for differences in price levels. For cross-country comparison there is GDP at PPP.

Source: World Development Indicators (World Bank), license CC BY 4.0.