100+ datasets found
  1. Countries with the largest gross domestic product (GDP) 2025

    • statista.com
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    Statista, Countries with the largest gross domestic product (GDP) 2025 [Dataset]. https://www.statista.com/statistics/268173/countries-with-the-largest-gross-domestic-product-gdp/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2025
    Area covered
    Worldwide
    Description

    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.

  2. G

    Percent of world GDP by country, around the world | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Nov 18, 2016
    + more versions
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    Globalen LLC (2016). Percent of world GDP by country, around the world | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/gdp_share/
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    xml, excel, csvAvailable download formats
    Dataset updated
    Nov 18, 2016
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1980 - Dec 31, 2023
    Area covered
    World
    Description

    The average for 2023 based on 188 countries was 0.53 percent. The highest value was in the USA: 26.3 percent and the lowest value was in Andorra: 0 percent. The indicator is available from 1980 to 2023. Below is a chart for all countries where data are available.

  3. WWII: pre-war GDP of selected countries and regions 1938

    • statista.com
    Updated Jan 1, 1998
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    Statista (1998). WWII: pre-war GDP of selected countries and regions 1938 [Dataset]. https://www.statista.com/statistics/1334182/wwii-pre-war-gdp/
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    Dataset updated
    Jan 1, 1998
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    1938
    Area covered
    World
    Description

    In 1938, the year before the Second World War, the United States had, by far, the largest economy in the world in terms of gross domestic product (GDP). The five Allied Great Powers that emerged victorious from the war, along with the three Axis Tripartite Pact countries that were ultimately defeated made up the eight largest independent economies in 1938.

    When values are converted into 1990 international dollars, the U.S. GDP was over 800 billion dollars in 1938, which was more than double that of the second largest economy, the Soviet Union. Even the combined economies of the UK, its dominions, and colonies had a value of just over 680 billion 1990 dollars, showing that the United States had established itself as the world's leading economy during the interwar period (despite the Great Depression).

    Interestingly, the British and Dutch colonies had larger combined GDPs than their respective metropoles, which was a key motivator for the Japanese invasion of these territories in East Asia during the war. Trade with neutral and non-belligerent countries also contributed greatly to the economic development of Allied and Axis powers throughout the war; for example, natural resources from Latin America were essential to the American war effort, while German manufacturing was often dependent on Swedish iron supplies.

  4. Countries with the highest gross domestic product (GDP) 2030 - forecast

    • statista.com
    Updated Jan 3, 2011
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    Statista (2011). Countries with the highest gross domestic product (GDP) 2030 - forecast [Dataset]. https://www.statista.com/statistics/271724/forecast-for-the-countries-with-the-highest-gross-domestic-product-gdp-in-2030/
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    Dataset updated
    Jan 3, 2011
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2011
    Area covered
    Worldwide
    Description

    By the year 2030, it is projected that China will eclipse the United States and have the largest gross domestic product (GDP) in the world, at 31.7 trillion U.S. dollars. The United States is projected to have the second largest GDP, at 22.9 trillion U.S. dollars.

    What is gross domestic product?

    Gross domestic product, or GDP, is an economic measure of a country’s production in time. It includes all goods and services produced by a country and is used by economists to determine the health of a country’s economy. However, since GDP just shows the size of an economy and is not adjusted for the country’s size, this can make direct country comparisons complicated.

    The growth of the global economy

    Currently, the United States has the largest GDP in the world, at 20.5 trillion U.S. dollars. China has the second largest GDP, at 13.4 trillion U.S. dollars. In the coming years, production will become faster and more global, which will help to grow the global economy.

  5. Countries with the largest gross domestic product (GDP) per capita 2025

    • statista.com
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    Statista, Countries with the largest gross domestic product (GDP) per capita 2025 [Dataset]. https://www.statista.com/statistics/270180/countries-with-the-largest-gross-domestic-product-gdp-per-capita/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2025
    Area covered
    Worldwide
    Description

    In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

  6. G

    GDP per capita, PPP by country, around the world | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Sep 9, 2015
    + more versions
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    Globalen LLC (2015). GDP per capita, PPP by country, around the world | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/gdp_per_capita_ppp/
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    csv, excel, xmlAvailable download formats
    Dataset updated
    Sep 9, 2015
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1990 - Dec 31, 2024
    Area covered
    World
    Description

    The average for 2024 based on 177 countries was 27291 U.S. dollars. The highest value was in Singapore: 132570 U.S. dollars and the lowest value was in Burundi: 836 U.S. dollars. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.

  7. G

    Shadow economy by country, around the world | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Oct 2, 2023
    + more versions
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    Globalen LLC (2023). Shadow economy by country, around the world | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/shadow_economy/
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    xml, csv, excelAvailable download formats
    Dataset updated
    Oct 2, 2023
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1991 - Dec 31, 2015
    Area covered
    World
    Description

    The average for 2015 based on 158 countries was 27.78 percent. The highest value was in Zimbabwe: 67 percent and the lowest value was in Switzerland: 6.94 percent. The indicator is available from 1991 to 2015. Below is a chart for all countries where data are available.

  8. G

    Economic freedom, overall index by country, around the world |...

    • theglobaleconomy.com
    csv, excel, xml
    Updated Nov 18, 2016
    + more versions
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    Globalen LLC (2016). Economic freedom, overall index by country, around the world | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/economic_freedom/
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    csv, xml, excelAvailable download formats
    Dataset updated
    Nov 18, 2016
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1995 - Dec 31, 2025
    Area covered
    World
    Description

    The average for 2025 based on 174 countries was 60 index points. The highest value was in Singapore: 84 index points and the lowest value was in North Korea: 3 index points. The indicator is available from 1995 to 2025. Below is a chart for all countries where data are available.

  9. Biggest economies in the world, based on share in PPP weighted world GDP...

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). Biggest economies in the world, based on share in PPP weighted world GDP 2023 [Dataset]. https://www.statista.com/statistics/1403678/share-of-world-gdp-by-country/
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    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2025
    Area covered
    India, United States
    Description

    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 **** 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.

  10. T

    GDP by Country Dataset

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jun 29, 2011
    + more versions
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    TRADING ECONOMICS (2011). GDP by Country Dataset [Dataset]. https://tradingeconomics.com/country-list/gdp
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    csv, json, xml, excelAvailable download formats
    Dataset updated
    Jun 29, 2011
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    World
    Description

    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.

  11. GDP growth rate of the world's seven largest economies 2021, by country

    • statista.com
    Updated Dec 15, 2022
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    Statista (2022). GDP growth rate of the world's seven largest economies 2021, by country [Dataset]. https://www.statista.com/statistics/1207780/gdp-growth-rate-of-the-world-s-seven-largest-economies-by-country/
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    Dataset updated
    Dec 15, 2022
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    World
    Description

    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 *** percent compared to the previous year. Furthermore, the GDPs of India and Japan were contracted by minus *** percent. Only China experienced a positive GDP growth rate of *** percent during that same period. However, in 2021, all the largest economies worldwide started to recover, with growth rates varying from *** percent (Japan) to over **** percent (India).

  12. G

    GDP, current U.S. dollars by country, around the world |...

    • theglobaleconomy.com
    csv, excel, xml
    Updated Jul 17, 2025
    + more versions
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    Globalen LLC (2025). GDP, current U.S. dollars by country, around the world | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/gdp_current_usd/
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    excel, xml, csvAvailable download formats
    Dataset updated
    Jul 17, 2025
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    World
    Description

    The average for 2024 based on 176 countries was 612.36 billion U.S. dollars. The highest value was in the USA: 29184.89 billion U.S. dollars and the lowest value was in Kiribati: 0.31 billion U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

  13. d

    Economic Data | Global Economic Indicator Service | 34k macro-economic...

    • datarade.ai
    .csv, .xls, .txt
    Updated Feb 19, 2021
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    Exchange Data International (2021). Economic Data | Global Economic Indicator Service | 34k macro-economic indicators | updated 24/5 [Dataset]. https://datarade.ai/data-products/economic-indicator-service-exchange-data-international
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    .csv, .xls, .txtAvailable download formats
    Dataset updated
    Feb 19, 2021
    Dataset authored and provided by
    Exchange Data International
    Area covered
    Qatar, Nigeria, Malawi, Eritrea, Mali, Morocco, Gabon, Cuba, United States of America, Equatorial Guinea
    Description

    The Economic Indicator Service (EIS) aims to deliver economic content to financial institutions on both buy and sell-side and service providers. This new service currently covers 34,351 recurring macro-economic indicators from 135 countries ( as of December 16, 2019 ) such as GDP data, unemployment releases, PMI numbers etc.

    Economic Indicator Service gathers the major economic events from a variety of regions and countries around the globe and provides an Economic Events Data feed and Economic Calendar service to our clients. This service includes all previous historic data on economic indicators that are currently available on the database.

    Depending on availability, information regarding economic indicators, including the details of the issuing agency as well as historical data series can be made accessible for the client. Key information about EIS: • Cloud-based service for Live Calendar – delivered via HTML/JavaScript application formats, which can then be embedded onto any website using iFrames • Alternatives methods available – such as API and JSON feed for the economic calendar that can be integrated into the company’s system • Live data – updated 24/5, immediately after the data has been released • Historical data – includes a feed of all previous economic indicators available We are currently adding additional indicators/countries from Africa as well as expanding our coverage of Indicators in G20. The calendar includes the following. • Recurring & Non-recurring indicators covering 136 countries across 21 regions. • Indicators showing high, medium, and low impact data. • Indicators showing actual, previous, and forecast data. • Indicators can be filtered across 16 subtypes. • News generation for selected high-impact data. • Indicator description and historical data up to the latest eight historical points with a chart.

  14. G

    Economic decline index by country, around the world | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Mar 28, 2019
    + more versions
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    Globalen LLC (2019). Economic decline index by country, around the world | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/economic_decline_index/
    Explore at:
    csv, excel, xmlAvailable download formats
    Dataset updated
    Mar 28, 2019
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 2007 - Dec 31, 2024
    Area covered
    World
    Description

    The average for 2024 based on 175 countries was 5.54 index points. The highest value was in Syria: 9.9 index points and the lowest value was in Denmark: 0.7 index points. The indicator is available from 2007 to 2024. Below is a chart for all countries where data are available.

  15. J

    Japan Large Scale Retail Stores: Sales: Hamamatsu: Others

    • ceicdata.com
    Updated Feb 15, 2025
    + more versions
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    CEICdata.com (2025). Japan Large Scale Retail Stores: Sales: Hamamatsu: Others [Dataset]. https://www.ceicdata.com/en/japan/large-scale-retail-stores-sales--commodity-stock-value/large-scale-retail-stores-sales-hamamatsu-others
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    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 1, 2019 - Jan 1, 2020
    Area covered
    Japan
    Variables measured
    Domestic Trade
    Description

    Japan Large Scale Retail Stores: Sales: Hamamatsu: Others data was reported at 1.859 JPY bn in Jan 2020. This records a decrease from the previous number of 2.420 JPY bn for Dec 2019. Japan Large Scale Retail Stores: Sales: Hamamatsu: Others data is updated monthly, averaging 1.948 JPY bn from Jul 2015 (Median) to Jan 2020, with 55 observations. The data reached an all-time high of 2.823 JPY bn in Dec 2015 and a record low of 1.525 JPY bn in Oct 2019. Japan Large Scale Retail Stores: Sales: Hamamatsu: Others data remains active status in CEIC and is reported by Ministry of Economy, Trade and Industry. The data is categorized under Global Database’s Japan – Table JP.H005: Large Scale Retail Stores: Sales & Commodity Stock Value.

  16. c

    CNBC Economy Dataset - 17K Economy Articles CSV

    • crawlfeeds.com
    csv, zip
    Updated Nov 24, 2025
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    Crawl Feeds (2025). CNBC Economy Dataset - 17K Economy Articles CSV [Dataset]. https://crawlfeeds.com/datasets/cnbc-economy-articles-dataset
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    zip, csvAvailable download formats
    Dataset updated
    Nov 24, 2025
    Dataset authored and provided by
    Crawl Feeds
    License

    https://crawlfeeds.com/privacy_policyhttps://crawlfeeds.com/privacy_policy

    Description

    CNBC Economy Articles Dataset is an invaluable collection of data extracted from CNBC’s economy section, offering deep insights into global and U.S. economic trends, market dynamics, financial policies, and industry developments.

    This dataset encompasses a diverse array of economic articles on critical topics like GDP growth, inflation rates, employment statistics, central bank policies, and major global events influencing the market. Designed for researchers, analysts, and businesses, it serves as an essential resource for understanding economic patterns, conducting sentiment analysis, and developing financial forecasting models.

    Dataset Highlights

    Each record in the dataset is meticulously structured and includes:

    • Article Titles
    • Publication Dates
    • Author Names
    • Content Summaries
    • URLs to Original Articles

    This rich combination of fields ensures seamless integration into data science projects, research papers, and market analyses.

    Key Features

    • Number of Articles: Hundreds of articles sourced directly from CNBC.
    • Data Fields: Includes title, publication date, author, article content, summary, URL, and relevant keywords.
    • Topics Covered: U.S. and global economy, GDP trends, inflation, employment, financial markets, and monetary policies.
    • Format: Delivered in CSV format for easy integration with research tools and analytical platforms.
    • Source: Extracted directly from CNBC’s economy news section, ensuring accuracy and relevance.

    Use Cases

    • Economic Research: Gain insights into U.S. and global economic policies, market trends, and industry developments.
    • Sentiment Analysis: Assess the sentiment of economic articles to gauge market perspectives and investor confidence.
    • Financial Modeling: Build forecasting models leveraging key economic indicators discussed in the dataset.
    • Content Creation: Develop research-backed reports, articles, and presentations on economic topics.

    Who Benefits?

    • Researchers & Academics studying macro-economics or financial policy.
    • Data Scientists building AI models, trend analyzers, or economic forecasting tools.
    • Economists & Analysts need real-world news data for policy analysis.
    • Content Strategists who write data-backed articles about economic trends.

    Why Choose This Dataset?

    • No need to manually scrape CNBC — data is pre-extracted and clean.
    • High-quality economy news metadata enables detailed filtering (by date, author, topic).
    • Ready for machine learning, sentiment analysis, or building news-based economic models.
    • Well-suited for trend tracking, policy analysis, and economic forecasting.

    Explore More News Datasets

    Interested in additional structured news datasets for your research or analytics needs? Check out our news dataset collection to find datasets tailored for diverse analytical applications.

  17. e

    List of Top Journals of Asia and the Global Economy sorted by citations

    • exaly.com
    csv, json
    Updated Nov 1, 2025
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    (2025). List of Top Journals of Asia and the Global Economy sorted by citations [Dataset]. https://exaly.com/journal/95193/asia-and-the-global-economy/top-citing-journals
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    csv, jsonAvailable download formats
    Dataset updated
    Nov 1, 2025
    License

    Attribution-ShareAlike 4.0 (CC BY-SA 4.0)https://creativecommons.org/licenses/by-sa/4.0/
    License information was derived automatically

    Area covered
    Asia
    Description

    List of Top Journals of Asia and the Global Economy sorted by citations.

  18. U.S. gross domestic product 2024, by state

    • statista.com
    Updated Nov 19, 2025
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    Statista (2025). U.S. gross domestic product 2024, by state [Dataset]. https://www.statista.com/statistics/248023/us-gross-domestic-product-gdp-by-state/
    Explore at:
    Dataset updated
    Nov 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    United States
    Description

    The gross domestic product (GDP) of California was about 4.1 trillion U.S. dollars in 2024, meaning that it contributed the most out of any state to the country’s GDP in that year. In contrast, Vermont had the lowest GDP in the United States, with 45.71 billion U.S. dollars. What is GDP? Gross domestic product, or GDP, is the total monetary value of all goods and services produced by an economy within a certain time period. GDP is used by economists to determine the economic health of an area, as well as to determine the size of the economy. GDP can be determined for countries, states and provinces, and metropolitan areas. While GDP is a good measure of the absolute size of a country's economy and economic activity, it does account for many other factors, making it a poor indicator for measuring the cost or standard of living in a country, or for making cross-country comparisons. GDP of the United States The United States has the largest gross domestic product in the world as of 2023, with China, Japan, Germany, and India rounding out the top five. The GDP of the United States has almost quadrupled since 1990, when it was about 5.9 trillion U.S. dollars, to about 25.46 trillion U.S. dollars in 2022.

  19. e

    List of Top Disciplines of Global Economy Journal sorted by citations

    • exaly.com
    csv, json
    Updated Nov 1, 2025
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    (2025). List of Top Disciplines of Global Economy Journal sorted by citations [Dataset]. https://exaly.com/journal/27438/global-economy-journal/top-citing-disciplines
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    csv, jsonAvailable download formats
    Dataset updated
    Nov 1, 2025
    License

    Attribution-ShareAlike 4.0 (CC BY-SA 4.0)https://creativecommons.org/licenses/by-sa/4.0/
    License information was derived automatically

    Description

    List of Top Disciplines of Global Economy Journal sorted by citations.

  20. G

    Human flight and brain drain by country, around the world |...

    • theglobaleconomy.com
    csv, excel, xml
    Updated Mar 28, 2019
    + more versions
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    Globalen LLC (2019). Human flight and brain drain by country, around the world | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/human_flight_brain_drain_index/
    Explore at:
    xml, excel, csvAvailable download formats
    Dataset updated
    Mar 28, 2019
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 2007 - Dec 31, 2024
    Area covered
    World
    Description

    The average for 2024 based on 175 countries was 4.98 index points. The highest value was in Samoa: 10 index points and the lowest value was in Australia: 0.3 index points. The indicator is available from 2007 to 2024. Below is a chart for all countries where data are available.

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Statista, Countries with the largest gross domestic product (GDP) 2025 [Dataset]. https://www.statista.com/statistics/268173/countries-with-the-largest-gross-domestic-product-gdp/
Organization logo

Countries with the largest gross domestic product (GDP) 2025

Explore at:
85 scholarly articles cite this dataset (View in Google Scholar)
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
2025
Area covered
Worldwide
Description

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.

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