The combined gross domestic product (GDP) of the G7 countries was estimated to reach nearly 50 trillion U.S. dollars in 2024. The United States accounted for 25 trillion of these, meaning that they stood for over half of the G7's combined GDP. Germany had the second highest GDP of the G7.
In 2025, Ethiopia's GDP was forecast to reach almost 121 billion U.S. dollars, the highest in East Africa. Kenya followed, with an expected GDP of around 117 billion U.S. dollars. Comoros, on the other hand, had some of the lowest GDPs, at just over 1.5 billion U.S. dollars.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The average for 2023 based on 45 countries was 0.57 percent. The highest value was in Germany: 4.29 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.
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.
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.
Open Database License (ODbL) v1.0https://www.opendatacommons.org/licenses/odbl/1.0/
License information was derived automatically
About the Project The project explores alternative methods of measuring economic diversification and investigating its associated impacts on the Saudi Arabian economy and other GCC countries. By utilizing a financial portfolio framework reconciled with economic growth theory, the economy is viewed as a portfolio of economic sectors, each contributing to the overall output growth. Results demonstrated that diversification policies have been effective, as the economy moves towards higher growth with lower instability. Key Points Evidence confirms that there is a positive correlation between the economic growth rate and its volatility/risk in the Gulf Cooperation Council (GCC) region. In other words, there is a trade-off between the benefits of oil and gas activity and the volatility resulting from unpredictable commodity price swings in such resource dependent economies. Our analysis uses a financial portfolio framework approach (and more specifically an efficient frontier analysis), treating economic sectors as individual investments. We calculate a relative risk measure termed the ‘beta coefficient’ and assemble a portfolio of sectors with varying weights to find the efficient frontier. If the beta of the portfolio representing the economy is above global average, the economy will generally grow faster than the global average but with greater volatility – the upturns will be higher and the downturns deeper. We aim to shed light on diversification policy from this novel, if not yet widely accepted, perspective. The GCC economies exhibit ‘high beta,’ particularly Qatar. Saudi Arabia sits in the middle of the group, but above the global average, while Oman has the lowest coefficient of the group. Saudi Arabia’s National Transformation Plan to 2020 and economic Vision 2030 envisage an economy that is still invested in oil and gas activity at 45 percent of total output. While diversification policies in these plans promote economic growth, it still leaves the economy exposed to the volatility of energy markets. In comparison, the optimal mix of economic sectors could increase the growth rate by more than 1 percent annually and nearly halve the expected volatility (to less than 60 percent of growth rate). Saudi Arabia’s historical economic policies were effective in achieving some diversification. However, their benefits could be increased by policies that balance productive efficiency with diversification of economic activity. The difference between policy-optimized portfolio and non-constrained optimization can be used to estimate the size of the fiscal stabilization fund needed to protect the economy from stop/go risks to diversification objectives.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The average for 2023 based on 23 countries was 27.25 percent. The highest value was in Ethiopia: 35.79 percent and the lowest value was in Burkina Faso: 16.33 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This dataset provides values for GOVERNMENT DEBT TO GDP.2018 reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
India Imports: Developing Countries: Others data was reported at 9.304 USD bn in 2018. This records an increase from the previous number of 7.344 USD bn for 2017. India Imports: Developing Countries: Others data is updated yearly, averaging 1.047 USD bn from Mar 1988 (Median) to 2018, with 31 observations. The data reached an all-time high of 44.514 USD bn in 2006 and a record low of 0.300 USD mn in 1993. India Imports: Developing Countries: Others data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.JAA008: Imports by Country: USD (Annual).
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
US: Trade Balance: Advanced Economies: Sweden data was reported at -801.758 USD mn in May 2018. This records a decrease from the previous number of -708.584 USD mn for Apr 2018. US: Trade Balance: Advanced Economies: Sweden data is updated monthly, averaging -186.800 USD mn from Feb 1960 (Median) to May 2018, with 698 observations. The data reached an all-time high of 67.400 USD mn in Sep 1980 and a record low of -1.080 USD bn in Apr 2006. US: Trade Balance: Advanced Economies: Sweden data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Monthly.
As of 2015, Canada had one of the highest value added energy industries as a percentage of its GDP among the select countries globally. Canada's energy-related industry share of GDP totaled 7.15 percent within this period. Comparatively, Germany’s energy share of their GDP was just 1.5 percent.
GDP and the Business Sectors
Energy share of a country’s GDP is used as a measure to determine how the energy sector may be influencing the economy. Among the same countries, Norway also had the highest share of energy sector employees as part of business sector employment.This indicates that Norway’s energy sector has had a significant impact on employment and economic growth in recent years. However some other sectors may have a much higher share of the business sector employment and the energy sector represents just a small percentage. In comparison, manufacturing employment had a much larger share of the business sector’s employment in recent years. South Korea had the highest share of manufacturing as a proportion of their business sector GDP between 1993 and 2009.
Energy Sector
The energy sector is comprised of a variety of types, tools and investors. Among all industries electricity generation and supply has received the most energy sector investments as of 2017. However, solar energy has received the most investment among renewable energy sectors. Within sectors, there are various types of services and equipment needed to manage and transmit energy. In recent years, mid and small sized oilfield services and equipment saw the largest average revenue growth among energy equipment sectors, while offshore drilling experienced negative growth.
Germany’s GDP per capita stood at almost 54,989.76 U.S. dollars in 2024. Germany ranked among the top 20 countries worldwide with the highest GDP per capita in 2021 – Luxembourg, Ireland and Switzerland were ranked the top three nations. Rising annual income in Germany The average annual wage in Germany has increased by around 5,000 euros since 2000, reaching in excess of 39,000 euros in 2016. Germany had the tenth-highest average annual wage among selected European Union countries in 2017, ranking between France and the United Kingdom. Growing employment More than two thirds of the working population in Germany are employed in the service sector, which generated the greatest share of the country’s GDP in 2018. Unemployment in Germany soared to its highest level in decades in 2005, but the rate has since dropped to below 3.5 percent. The youth unemployment rate in Germany has more than halved since 2005 and currently stands around 6.5 percent.
Public Domain Mark 1.0https://creativecommons.org/publicdomain/mark/1.0/
License information was derived automatically
Reports by Asian Development Bank (ADB)
In 2024, the finance, real estate, insurance, rental, and leasing industry added the most value to the GDP of the United States. In that year, this industry added 6.2 trillion U.S. dollars to the national GDP. Gross Domestic Product Gross domestic product is a measure of how much a country produces in a certain amount of time. Countries with a high GDP tend to have large economies, for example, the United States. However, GDP does not take into consideration the cost of living and inflation rates, so it is not a good measure of the standard of living. GDP per capita at purchasing power parity is thought to be more reflective of living conditions within a particular country. U.S. GDP California added the largest amount of value to the real GDP of the U.S. in 2022. California was followed by Texas and New York. In California, the professional and business services industry was the most valuable to GDP in 2022. In New York, the finance, insurance, real estate, rental, and leasing industry added the most value to the state GDP. While the business sector added the highest value to the U.S. real GDP in 2021, it was the information industry that had the biggest percentage change in value added to the GDP between 2010 and 2021.
In 2021, real Gross Domestic Product (GDP) per capita in Belgium was around ****** U.S. dollars, whereas in the Netherlands it was ****** dollars. The highest GDP per capita in the Benelux was recorded in Luxembourg in that year, with a total of almost ******* U.S. dollars.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States US: Trade Balance: Advanced Economies: China, People Republic: Hong Kong data was reported at 9.232 USD bn in Mar 2018. This records an increase from the previous number of 8.151 USD bn for Dec 2017. United States US: Trade Balance: Advanced Economies: China, People Republic: Hong Kong data is updated quarterly, averaging -27.000 USD mn from Mar 1960 (Median) to Mar 2018, with 233 observations. The data reached an all-time high of 9.724 USD bn in Sep 2013 and a record low of -2.077 USD bn in Sep 1987. United States US: Trade Balance: Advanced Economies: China, People Republic: Hong Kong data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Quarterly.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
CN: Trade Balance: Advanced Economies: Norway data was reported at -219.369 USD mn in Mar 2018. This records an increase from the previous number of -271.698 USD mn for Dec 2017. CN: Trade Balance: Advanced Economies: Norway data is updated quarterly, averaging -16.242 USD mn from Mar 1981 (Median) to Mar 2018, with 149 observations. The data reached an all-time high of 397.941 USD mn in Dec 2011 and a record low of -456.386 USD mn in Mar 2014. CN: Trade Balance: Advanced Economies: Norway data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s China – Table CN.IMF.DOT: Trade Balance: by Country: Quarterly.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States US: Trade Balance: Emerging and Developing Economies: Europe: Emerging and Developing Europe: Hungary data was reported at -3.199 USD bn in 2017. This records an increase from the previous number of -3.501 USD bn for 2016. United States US: Trade Balance: Emerging and Developing Economies: Europe: Emerging and Developing Europe: Hungary data is updated yearly, averaging -62.000 USD mn from Dec 1948 (Median) to 2017, with 70 observations. The data reached an all-time high of 38.000 USD mn in 1975 and a record low of -3.978 USD bn in 2015. United States US: Trade Balance: Emerging and Developing Economies: Europe: Emerging and Developing Europe: Hungary data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Annual.
This statistic presents the Gross Gaming Revenues (GGR) as a share of Gross Domestic Product (GDP) in selected European countries in 2019. The GGR is a key metric used within the gambling industry to refer to the difference between the amount of money received by a given agent, and the amount of money payed out by the agent. Sales revenue can be thought of as a comparable metric from outside the gambling industry. Gross Domestic Product (GDP) Gross domestic product (GDP) is a measure of the market value of all goods and services produced within a region over a given time period. Although more often described in terms of its rate of growth, it is frequently used as an indicator of a country’s economic stability, and by extension, social welfare. As a result both national and international policy decisions are frequently made with the primary purpose of elevating GDP. The connection between the economic stability of a region, as described by its GDP, and the extent to which is describes social welfare is highly contested. The most common critique relates to the fact that many of the goods and services that contribute to GDP have a negative effect on social welfare. Polluting chemicals and processes, nuclear warheads, cigarette industry, the destruction of natural environments and many other goods and services, that clearly undermine prosperity, all contribute to the GDP metric. Despite these critiques there is clearly an intuitive relationship between the goods and services to which we assign value and to the goods and services we feel improve our lives. GGR as a share of GDP GGR from regulated operators in Greece were estimated to be approximately 2.2 billion euros in 2019, accounting for 1.16 percent of the country’s GDP. Similarly the GGR from regulated operators in Italy accounted for 1.06 percent its GDP. This statistic clearly illustrates that for many countries the gambling industry is responsible for a significant proportion of GDP. Although the social costs and benefits of gambling are not discussed here, this statistic provides a compelling incentive to investigate the effect of the gambling industry on social welfare.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
JP: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: China, People Republic: Mainland data was reported at -8.320 USD bn in Mar 2018. This records a decrease from the previous number of -7.944 USD bn for Dec 2017. JP: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: China, People Republic: Mainland data is updated quarterly, averaging -418.700 USD mn from Mar 1960 (Median) to Mar 2018, with 233 observations. The data reached an all-time high of 1.756 USD bn in Jun 1985 and a record low of -16.627 USD bn in Mar 2014. JP: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: China, People Republic: Mainland data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Japan – Table JP.IMF.DOT: Trade Balance: by Country: Quarterly.
The combined gross domestic product (GDP) of the G7 countries was estimated to reach nearly 50 trillion U.S. dollars in 2024. The United States accounted for 25 trillion of these, meaning that they stood for over half of the G7's combined GDP. Germany had the second highest GDP of the G7.