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 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.

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.

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.

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.

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 average for 2024 based on 177 countries was 3.2 percent. The highest value was in Guyana: 43.37 percent and the lowest value was in Palestine: -26.56 percent. The indicator is available from 1961 to 2024. Below is a chart for all countries where data are available.

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 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.

The statistic shows the 20 countries with the largest proportion of the global gross domestic product (GDP) based on Purchasing Power Parity (PPP) in 2024. In 2023, Germany had an estimated share of about 3.06 percent of the global GDP.

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.

As of April 2025, South Africa's GDP was estimated at over 410 billion U.S. dollars, the highest in Africa. Egypt followed, with a GDP worth around 347 billion U.S. dollars, and ranked as the second-highest on the continent. Algeria ranked third, with nearly 269 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.

In 2025, 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 2.3 trillion U.S. dollars, whereas Mexico's amounted to almost 1.8 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.

This dataset contains estimates of the socioeconomic status (SES) position of each of 149 countries covering the period 1880-2010. Measures of SES, which are in decades, allow for a 130 year time-series analysis of the changing position of countries in the global status hierarchy. SES scores are the average of each country’s income and education ranking and are reported as percentile rankings ranging from 1-99. As such, they can be interpreted similarly to other percentile rankings, such has high school standardized test scores. If country A has an SES score of 55, for example, it indicates that 55 percent of the world’s people live in a country with a lower average income and education ranking than country A. ISO alpha and numeric country codes are included to allow users to merge these data with other variables, such as those found in the World Bank’s World Development Indicators Database and the United Nations Common Database.

See here for a working example of how the data might be used to better understand how the world came to look the way it does, at least in terms of status position of countries.

VARIABLE DESCRIPTIONS: UNID: ISO numeric country code (used by the United Nations) WBID: ISO alpha country code (used by the World Bank) SES: Socioeconomic status score (percentile) based on GDP per capita and educational attainment (n=174) country: Short country name year: Survey year SES: Socioeconomic status score (1-99) for each of 174 countries gdppc: GDP per capita: Single time-series (imputed) yrseduc: Completed years of education in the adult (15+) population popshare: Total population shares

DATA SOURCES: The dataset was compiled by Shawn Dorius (sdorius@iastate.edu) from a large number of data sources, listed below. GDP per Capita: 1. Maddison, Angus. 2004. 'The World Economy: Historical Statistics'. Organization for Economic Co-operation and Development: Paris. Maddison population data in 000s; GDP & GDP per capita data in (1990 Geary-Khamis dollars, PPPs of currencies and average prices of commodities). Maddison data collected from: http://www.ggdc.net/MADDISON/Historical_Statistics/horizontal-file_02-2010.xls. 2. World Development Indicators Database Years of Education 1. Morrisson and Murtin.2009. 'The Century of Education'. Journal of Human Capital(3)1:1-42. Data downloaded from http://www.fabricemurtin.com/ 2. Cohen, Daniel & Marcelo Cohen. 2007. 'Growth and human capital: Good data, good results' Journal of economic growth 12(1):51-76. Data downloaded from http://soto.iae-csic.org/Data.htm 3. Barro, Robert and Jong-Wha Lee, 2013, "A New Data Set of Educational Attainment in the World, 1950-2010." Journal of Development Economics, vol 104, pp.184-198. Data downloaded from http://www.barrolee.com/ Total Population 1. Maddison, Angus. 2004. 'The World Economy: Historical Statistics'. Organization for Economic Co-operation and Development: Paris. 13.
2. United Nations Population Division. 2009.

This data collection aims to include all global country rankings related to economic systems, socio-economic development and business environments, including issues of globalisation, sustainability and equal opportunity, which:
• Assign scores in the form of numbers,
• Are based on an elaborated methodology which is documented,
• Include countries of the post-Soviet region,
• Are published regularly covering a period of several years since the end of the Soviet Union, i.e. since 1992.
For all rankings which fulfil the selection criteria the general or total scores for all countries and territories of the post-Soviet region since 1992 (as available) have been included in this data collection.
The scores provided by the original source have been copied into this data collection without any changes to the values. Later revisions of earlier data have been incorporated into this dataset.

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

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.

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.

The average for 2024 based on 178 countries was 15841.4 U.S. dollars. The highest value was in Bermuda: 117661.27 U.S. dollars and the lowest value was in Burundi: 255.6 U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.