The size of the five original BRICS economies in 2023 - Brazil, Russia, China, India, South Africa - is comparable to the United States and the EU-27 put together. On a PPP (purchasing power parity) basis, China ranks as the world's largest economy. India takes up the economic parity of about half the EU-27. The rise of these developing economies gave rise to questions on the role the United States plays in international trade and cross-border finance. FX reserve managers around the world expect to shift their holdings towards the Chinese yuan in the long term, as of 2023.
In 2024, Brazil and Mexico were expected to be the countries with the largest gross domestic product (GDP) in Latin America and the Caribbean. In that year, Brazil's GDP could reach an estimated value of 2.4 trillion U.S. dollars, whereas Mexico's amounted to almost two trillion U.S. dollars. GDP is the total value of all goods and services produced in a country in a given year. It measures the economic strength of a country and a positive change indicates economic growth.
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.
The United States has, by far, the largest gross domestic product (GDP) of the G7 countries. Moreover, while the GDP of the other six countries fluctuated between 2000 and 2024, the U.S.' grew almost constantly, reaching an estimated 29.2 trillion U.S. dollars in 2024. The United States is also the world's largest economy ahead of China. Germany had the second largest economy of the G7 countries at around 4.7 trillion U.S. dollars.
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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) of the United States amounted to **** trillion U.S. dollars in 2023, making it the largest economy in the G20 and the largest worldwide. China was the second largest economy in that year, with a GDP valued at **** trillion U.S. dollars. It is worth noticing that while the U.S. GDP was forecast to increase by around **** trillion U.S. dollars until 2027, China's GDP is forecast to grow by around *** trillion U.S. dollars in the same time.
In 2024, the U.S. GDP increased from the previous year to about 29.18 trillion U.S. dollars. Gross domestic product (GDP) refers to the market value of all goods and services produced within a country. In 2024, the United States has the largest economy in the world. What is GDP? Gross domestic product is one of the most important indicators used to analyze the health of an economy. GDP is defined by the BEA as the market value of goods and services produced by labor and property in the United States, regardless of nationality. It is the primary measure of U.S. production. The OECD defines GDP as an aggregate measure of production equal to the sum of the gross values added of all resident, institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs). GDP and national debt Although the United States had the highest Gross Domestic Product (GDP) in the world in 2022, this does not tell us much about the quality of life in any given country. GDP per capita at purchasing power parity (PPP) is an economic measurement that is thought to be a better method for comparing living standards across countries because it accounts for domestic inflation and variations in the cost of living. While the United States might have the largest economy, the country that ranked highest in terms of GDP at PPP was Luxembourg, amounting to around 141,333 international dollars per capita. Singapore, Ireland, and Qatar also ranked highly on the GDP PPP list, and the United States ranked 9th in 2022.
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Graph and download economic data for Gross Domestic Product: Government and Government Enterprises in Big Horn County, WY (GDPGOVT56003) from 2001 to 2023 about Big Horn County, WY; WY; enterprises; government; GDP; and USA.
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Graph and download economic data for Gross Domestic Product: All Industries in Big Horn County, WY (GDPALL56003) from 2001 to 2023 about Big Horn County, WY; WY; industry; GDP; and USA.
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Graph and download economic data for Composite Leading Indicators: Composite Leading Indicator (CLI) Normalized for Major Five Asia Economies (A5MLOLITONOSTSAM) from May 1992 to Jan 2024 about Major 5 Asia and leading indicator.
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The average for 2023 based on 183 countries was 26826 U.S. dollars. The highest value was in Luxembourg: 130491 U.S. dollars and the lowest value was in Burundi: 829 U.S. dollars. The indicator is available from 1990 to 2023. Below is a chart for all countries where data are available.
The gross domestic product (GDP) growth rate of all major economies included except China was negative in 2020 following the COVID-19 pandemic. Growth rates were positive again in 2021, but stagnated in some countries in 2023 amid high inflation rates. What does GDP measure? GDP is the sum of all consumption, investment, government spending, and net exports in an economy. As such, different things drive the growth of each of these countries. Germany benefits from a high value of net exports, also known as its trade balance. Drawbacks of GDP growth as a metric GDP measures growth, but it does not capture welfare gains correctly in many cases. For example, carbon dioxide emissions often go hand in hand with a growing GDP. These emissions are from industry, such as coal power plants, or consumption, such as driving cars, but GDP does not measure the damage from these activities. Also, national debt is not incorporated into GDP.
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Russia Balance (Profit less Loss): BM: Financial Intermediation data was reported at 1,019,861.000 RUB mn in 2016. This records an increase from the previous number of 223,544.000 RUB mn for 2015. Russia Balance (Profit less Loss): BM: Financial Intermediation data is updated yearly, averaging 204,862.000 RUB mn from Dec 2003 (Median) to 2016, with 14 observations. The data reached an all-time high of 1,019,861.000 RUB mn in 2016 and a record low of -317,184.000 RUB mn in 2014. Russia Balance (Profit less Loss): BM: Financial Intermediation data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Investment – Table RU.OD009: Enterprises Balance (Profit less Loss): Big and Medium: Annual: by Economic Activity.
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Graph and download economic data for OECD based Recession Indicators for Major 5 Asia from the Period following the Peak through the Trough (DISCONTINUED) (MAJOR5ASIARECD) from 1978-01-01 to 2022-08-31 about Major 5 Asia, peak, trough, and recession indicators.
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Graph and download economic data for Real Gross Domestic Product: Private Goods-Producing Industries in Big Stone County, MN (REALGDPGOODS27011) from 2001 to 2023 about Big Stone County, MN; goods-producing; MN; private; real; industry; GDP; and USA.
Gross domestic product (GDP) is the main aggregate measuring economic activity. It is the sum of the gross value added newly created by resident producer units in a given year, valued at market prices. It gives a measure of the new wealth created each year by the productive system and allows international comparisons. Gross domestic product is published at current prices and in volume terms at previous year's chain-linked prices. Its evolution in volume (i.e. excluding price effects) measures economic growth. The main economic aggregates associated with GDP are gross national income (GNI), the nation's financing capacity or need, the main components of the balance between supply (GDP, imports) and demand (consumption, investment, exports), the breakdown of factors of production (employment, capital stock) by institutional sectors (enterprises, households, general government considered as wealth producers) and the gross value added they generate. The annual data for the main economic aggregates associated with GDP are part of the high-value data designated by Eurostat (HVD).
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Russia Balance (Profit less Loss): BM: WR: Wholesale Trade except Motor Vehicles data was reported at 1,996,476.000 RUB mn in 2016. This records an increase from the previous number of 1,792,479.000 RUB mn for 2015. Russia Balance (Profit less Loss): BM: WR: Wholesale Trade except Motor Vehicles data is updated yearly, averaging 1,043,217.500 RUB mn from Dec 2003 (Median) to 2016, with 14 observations. The data reached an all-time high of 1,996,476.000 RUB mn in 2016 and a record low of 296,100.000 RUB mn in 2003. Russia Balance (Profit less Loss): BM: WR: Wholesale Trade except Motor Vehicles data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Investment – Table RU.OD009: Enterprises Balance (Profit less Loss): Big and Medium: Annual: by Economic Activity.
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Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_bff5c93e3d5a7153df64a968afcc7d5b/view
The statistic shows a ranking of the 20 countries with the largest gross domestic product (GDP) at purchasing power parity in 2017. In 2017, Thailand ranked 20th with a PPP-adjusted GDP of about 1,240.05 billion U.S. dollars.
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Graph and download economic data for Employed Persons in Big Stone County, MN (LAUCN270110000000005A) from 1990 to 2024 about Big Stone County, MN; MN; household survey; employment; persons; and USA.
The size of the five original BRICS economies in 2023 - Brazil, Russia, China, India, South Africa - is comparable to the United States and the EU-27 put together. On a PPP (purchasing power parity) basis, China ranks as the world's largest economy. India takes up the economic parity of about half the EU-27. The rise of these developing economies gave rise to questions on the role the United States plays in international trade and cross-border finance. FX reserve managers around the world expect to shift their holdings towards the Chinese yuan in the long term, as of 2023.