In 2025, the United States had the largest economy in the world, with a gross domestic product of over 30 trillion U.S. dollars. China had the second largest economy, at around 19.23 trillion U.S. dollars. Recent adjustments in the list have seen Germany's economy overtake Japan's to become the third-largest in the world in 2023, while Brazil's economy moved ahead of Russia's in 2024. Global gross domestic product Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one-quarter of this figure alone. The 12 largest economies in the world include all Group of Seven (G7) economies, as well as the four largest BRICS economies. The U.S. has consistently had the world's largest economy since the interwar period, and while previous reports estimated it would be overtaken by China in the 2020s, more recent projections estimate the U.S. economy will remain the largest by a considerable margin going into the 2030s.The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Those countries considered to have emerging or developing economies account for almost 60 percent of global gross domestic product, while advanced economies make up over 40 percent.

With a Gross Domestic Product of over 4.18 trillion Euros, the German economy was by far the largest in Europe in 2023. The similarly sized economies of the United Kingdom and France were the second and third largest economies in Europe during this year, followed by Italy and Spain. The smallest economy in this statistic is that of the small Balkan nation of Montenegro, which had a GDP of 5.7 billion Euros. In this year, the combined GDP of the 27 member states that compose the European Union amounted to approximately 17.1 trillion Euros. The big five Germany’s economy has consistently had the largest economy in Europe since 1980, even before the reunification of West and East Germany. The United Kingdom, by contrast, has had mixed fortunes during the same period and had a smaller economy than Italy in the late 1980s. The UK also suffered more than the other major economies during the recession of the late 2000s, meaning the French economy was the second largest on the continent for some time afterward. The Spanish economy was continually the fifth-largest in Europe in this 38-year period, and from 2004 onwards, has been worth more than one trillion Euros. The smallest GDP, the highest economic growth in Europe Despite having the smallerst GDP of Europe, Montenegro emerged as the fastest growing economy in the continent, achieving an impressive annual growth rate of 4.5 percent, surpassing Turkey's growth rate of 4 percent. Overall,this Balkan nation has shown a remarkable economic recovery since the 2010 financial crisis, with its GDP projected to grow by 28.71 percent between 2024 and 2029. Contributing to this positive trend are successful tourism seasons in recent years, along with increased private consumption and rising imports. Europe's economic stagnation Malta, Albania, Iceland, and Croatia were among the countries reporting some of the highest growth rates this year. However, Europe's overall performance reflected a general slowdown in growth compared to the trend seen in 2021, during the post-pandemic recovery. Estonia experienced the sharpest negative growth in 2023, with its economy shrinking by 2.3% compared to 2022, primarily due to the negative impact of sanctions placed on its large neighbor, Russia. Other nations, including Sweden, Germany, and Finland, also recorded slight negative growth.

The Indian Economy is currently the 5th Largest Economy in the world. And it aims to reach among the Top 3 in the next 3-4 years. It has registered tremendous economic growth over the last decade.

The 2023 Union Budget of India was presented by the Minister of Finance of India on February 01, 2023.

The Union Budget for FY 2023-24 aims to further strengthen India's economic status. In the 75th Year of India's Independence, the World has recognized the Indian Economy as a 'bright star' with its Economic Growth estimated at 7 per cent, which is the highest among all major economies.

The Vision for** 'Amrit Kaal'** articulated in the Union Budget for FY 2023-24 is centered around:

• Opportunities for Citizens with focus on youth
• Growth & Job creation
• Strong & Stable Macro-Economic Environment

The seven priorities, termed Saptarishi, adopted in the Union Budget for FY 2023-24 to guide the country towards 'Amrit Kaal', thus providing a blueprint for an empowered and inclusive economy, are:

1. Inclusive Development
2. Reaching the last mile
3. Infrastructure & Investment
4. Unleashing the potential
5. Green Growth
6. Youth Power
7. Financial Sector

The dataset provides details about India's allocation of budget to different schemes in various Ministries under Government of India since Fiscal Year 2021-22 to FY 23-24.

The exploratory analysis of the dataset will provide important views about where the Government is targeting in the last few years so as to bring about such drastic change in the economy.

If you like the dataset, please upvote the same so as to keep me motivated for more such datasets in the future.

South Africa's GDP was estimated at just over 403 billion U.S. dollars in 2024, the highest in Africa. Egypt followed, with a GDP worth around 380 billion U.S. dollars, and ranked as the second-highest on the continent. Algeria ranked third, with about 260 billion U.S. dollars. These African economies are among some of the fastest-growing economies worldwide. Dependency on oil For some African countries, the oil industry represents an enormous source of income. In Nigeria, oil generates over five percent of the country’s GDP in the third quarter of 2023. However, economies such as the Libyan, Algerian, or Angolan are even much more dependent on the oil sector. In Libya, for instance, oil rents account for over 40 percent of the GDP. Indeed, Libya is one of the economies most dependent on oil worldwide. Similarly, oil represents for some of Africa’s largest economies a substantial source of export value. The giants do not make the ranking Most of Africa’s largest economies do not appear in the leading ten African countries for GDP per capita. The GDP per capita is calculated by dividing a country’s GDP by its population. Therefore, a populated country with a low total GDP will have a low GDP per capita, while a small rich nation has a high GDP per capita. For instance, South Africa has Africa’s highest GDP, but also counts the sixth-largest population, so wealth has to be divided into its big population. The GDP per capita also indicates how a country’s wealth reaches each of its citizens. In Africa, Seychelles has the greatest GDP per capita.

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Since the beginning of the 21st century, the BRICS countries have been considered the five foremost developing economies in the world. Originally, the term BRIC was used by economists when talking about the emerging economies of Brazil, Russia, India, and China, however these countries have held annual summits since 2009, and the group has expanded to include South Africa since 2010. China has the largest GDP of the BRICS country, at 16.86 trillion U.S. dollars in 2021, while the others are all below three trillion. Combined, the BRICS bloc has a GDP over 25.85 trillion U.S. dollars in 2022, which is slightly more than the United States. BRICS economic development China has consistently been the largest economy of this bloc, and its rapid growth has seen it become the second largest economy in the world, behind the U.S.. China's growth has also been much faster than the other BRICS countries; for example, when compared with the second largest BRICS economy, its GDP was less than double the size of Brazil's in 2000, but is almost six times larger than India's in 2021. Since 2000, the country with the second largest GDP has fluctuated between Brazil, Russia, and India, due to a variety of factors, although India has held this position since 2015 (when the other two experienced recession), and it's growth rate is on track to surpass China's in the coming decade. South Africa has consistently had the smallest economy of the BRICS bloc, and it has just the third largest economy in Africa; its inclusion in this group is due to the fact that it is the most advanced and stable major economy in Africa, and it holds strategic importance due to the financial potential of the continent in the coming decades. Future developments It is predicted that China's GDP will overtake that of the U.S. by the end of the 2020s, to become the largest economy in the world, while some also estimate that India will also overtake the U.S. around the middle of the century. Additionally, the BRICS group is more than just an economic or trading bloc, and its New Development Bank was established in 2014 to invest in sustainable infrastructure and renewable energy across the globe. While relations between its members were often strained or of less significance in the 20th century, their current initiatives have given them a much greater international influence. The traditional great powers represented in the Group of Seven (G7) have seen their international power wane in recent decades, while BRICS countries have seen theirs grow, especially on a regional level. Today, the original BRIC countries combine with the Group of Seven (G7), to make up 11 of the world's 12 largest economies, but it is predicted that they will move further up on this list in the coming decades.

The Gross Domestic Product (GDP) in Japan was worth 4204.49 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Japan represents 3.99 percent of the world economy. This dataset provides - Japan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Out of the world's seven largest economies, the United Kingdom was the most negatively affected by the coronavirus (COVID-19) pandemic. During the third quarter of 2020, the GDP growth rate of the UK stood at minus 7.7 percent compared to the previous year. Furthermore, the GDPs of India and Japan were contracted by minus 5.3 percent. Only China experienced a positive GDP growth rate of 4.9 percent during that same period. However, in 2021, all the largest economies worldwide started to recover, with growth rates varying from 1.2 percent (Japan) to over nine percent (India).

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The Gross Domestic Product (GDP) in the United States contracted 0.20 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

As of 2024 estimates, Costa Rica registered the highest gross domestic product (GDP) in Central America with around 83 billion USD, closely followed by Panama. In contrast, Belize ranked with the lowest GDP with just over 2.7 billion USD.

View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.

The statistic depicts Mexico's gross domestic product (GDP) per capita from 1987 to 2020, with projections up until 2030. The GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator for the economic strength of a country. In 2020, Mexico's GDP per capita amounted to approximately 8,744.03 U.S. dollars. For further information, see Mexico's GDP. Economy of Mexico Mexico is the third largest economy in North America and is swiftly becoming a modernized nation with more industrial and service sectors to maintain and promote economic growth nationwide. Mexico is primarily an export-oriented economy and has seen constant growth in regards to the export of goods every year over the past decade, with the exception of 2009. Mexico is also considered to be one of the premier exporters in the world, exporting more goods and services than other export-prominent countries such as Saudi Arabia and India. Like many other industrial countries worldwide, Mexico experienced an economic downturn during the global financial crisis. Several indicators of Mexico’s economic slump would be a spike in unemployment as well as a significant drop in GDP in 2009. Additionally, inflation rates slightly increased over the course of 2 years. However, Mexico’s economy evidently recovered, in particular with its inflation rate, which reached a decade low, as well as its gross domestic product per capita, which attained decade high values, both in 2014.

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The gross domestic product of the United Kingdom was around 2.56 trillion British pounds, an increase when compared to the previous year, when UK GDP amounted to about 2.54 trillion pounds. The significant drop in GDP visible in 2020 was due to the COVID-19 pandemic, with the smaller declines in 2008 and 2009 because of the global financial crisis of the late 2000s. Low growth problem in the UK Despite growing by 0.9 percent in 2024, and 0.4 percent in 2023 the UK economy is not that much larger than it was before the COVID-19 pandemic. Since recovering from a huge fall in GDP in the second quarter of 2020, the UK economy has alternated between periods of contraction and low growth, with the UK even in a recession at the end of 2023. While economic growth picked up somewhat in 2024, GDP per capita is lower than it was in 2022, following two years of negative growth. UK's global share of GDP falling As of 2024, the UK had the sixth-largest economy in the world, behind the United States, China, Japan, Germany, and India. Among European nations, this meant that the UK currently has the second-largest economy in Europe, although the economy of France, Europe's third-largest economy, is of a similar size. The UK's global economic ranking will likely fall in the coming years, however, with the UK's share of global GDP expected to fall from 2.16 percent in 2025 to 2.02 percent by 2029.  

Ecuador Average Household Size: 3rd Decile data was reported at 4.494 Person in 2012. Ecuador Average Household Size: 3rd Decile data is updated yearly, averaging 4.494 Person from Dec 2012 (Median) to 2012, with 1 observations. Ecuador Average Household Size: 3rd Decile data remains active status in CEIC and is reported by National Institute of Statistics and Census. The data is categorized under Global Database’s Ecuador – Table EC.H004: Average Household Size.

Ecuador Average Household Size: Rural: 3rd Decile data was reported at 4.714 Person in 2012. Ecuador Average Household Size: Rural: 3rd Decile data is updated yearly, averaging 4.714 Person from Dec 2012 (Median) to 2012, with 1 observations. Ecuador Average Household Size: Rural: 3rd Decile data remains active status in CEIC and is reported by National Institute of Statistics and Census. The data is categorized under Global Database’s Ecuador – Table EC.H004: Average Household Size.

Ecuador Average Household Size: Urban: 3rd Decile data was reported at 4.361 Person in 2012. Ecuador Average Household Size: Urban: 3rd Decile data is updated yearly, averaging 4.361 Person from Dec 2012 (Median) to 2012, with 1 observations. Ecuador Average Household Size: Urban: 3rd Decile data remains active status in CEIC and is reported by National Institute of Statistics and Census. The data is categorized under Global Database’s Ecuador – Table EC.H004: Average Household Size.

The Gross Domestic Product (GDP) in India expanded 7.40 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - India GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.