St. Martin (French part) GDP Growth
Annual percentage growth rate of GDP NY.GDP.MKTP.KD.ZG
St. Martin (French part)'s gdp growth was 4.90% in 2021, ranked 113th globally. This represents a 139.2% increase from 2020. Data from World Bank, covering 2015–2021.
Overview
St. Martin (French part)'s gdp growth stood at 4.90% in 2021, a rise of +17.40pp from 2020. St. Martin (French part) ranked 113th globally.
St. Martin (French part) recorded a GDP growth rate of 4.90% in 2021, ranking 113th globally, slightly below Northern Mariana Islands at 4.97% and closely followed by Austria at 4.92%. Over the seven-year period from 2015 to 2021, the territory’s economic performance fluctuated significantly, with growth starting at 1.00% in 2015, reaching an all-time peak of 6.50% in 2019 before plunging to a historic trough of -12.50% in 2020, likely reflecting the severe impact of the COVID-19 pandemic on its tourism-dependent economy. The 2021 rebound suggests some recovery from the prior year’s contraction, aligning with global trends as mobility and travel began to resume. However, the pace of growth remains modest compared to the pre-pandemic high. Given the island’s reliance on external demand and vulnerability to climate and health shocks, future economic expansion will depend on diversification efforts, infrastructure resilience, and sustained regional tourism recovery. Without structural reforms, growth may remain uneven and highly sensitive to external disruptions.
Data & projection
| Year | GDP Growth | YoY change | Rank |
|---|---|---|---|
| 2021 | 4.90% | +17.40pp | #113 |
| 2020 | -12.50% | −19.00pp | #187 |
| 2019 | 6.50% | +14.50pp | #21 |
| 2018 | -8.00% | +0.00pp | #212 |
| 2017 | -8.00% | −13.00pp | #211 |
| 2016 | 5.00% | +4.00pp | #51 |
| 2015 | 1.00% | – | #162 |
Analysis
St. Martin (French part)'s gdp growth was 4.90% in 2021, a rise of +17.40pp from 2020.
Frequently Asked Questions
St. Martin (French part)'s gdp growth was 4.90% in 2021. Ranked 113th globally. This represents a 139.2% increase from the previous year.
St. Martin (French part)'s gdp growth peaked at 6.50% in 2019.
The lowest gdp growth in St. Martin (French part) was -12.50% in 2020.
St. Martin (French part) ranks 113th globally in gdp growth as of 2021.
The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.
The gdp growth of St. Martin (French part) in 2021 was 4.90%. This ranks 113th in the world.
Cite this page
@misc{historysaid_st-martin-french-part_gdp-growth,
title = {St. Martin (French part) GDP Growth},
url = {https://historysaid.com/st-martin-french-part/gdp-growth/},
publisher = {HistorySaid},
year = {2026}
}