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.

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.

The average for 2025 based on 23 countries was 2.58 percent. The highest value was in Saint Vincent and the Grenadines: 4.7 percent and the lowest value was in Haiti: -1 percent. The indicator is available from 1980 to 2030. Below is a chart for all countries where data are available.

Key information about India Real GDP Growth

• The Gross Domestic Product (GDP) in India expanded 4.4 % YoY in Dec 2022, following a growth of 6.3 % in the previous quarter.
• Real GDP Growth YoY data in India is updated quarterly, available from Jun 2005 to Dec 2022, with an average rate of 7.2 %.
• The data reached an all-time high of 21.6 % in Jun 2021 and a record low of -23.4 % in Jun 2020.

CEIC calculates Real GDP Growth from quarterly Real GDP. Ministry of Statistics and Programme Implementation provides Real GDP in local currency based on SNA 2008, at 2011-2012 prices. Real GDP prior to Q2 2012 is based on a combination of SNA 2008 and SNA 1993, at 2004-2005 prices.


Related information about India Real GDP Growth

• In the latest reports, Nominal GDP of India reached 844.6 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 6.6 % in Dec 2022.
• GDP Per Capita in India reached 2,301.4 USD in Mar 2022.
• Its Gross Savings Rate was measured at 30.2 % in Mar 2022.
• For Nominal GDP contributions, Investment accounted for 28.4 % in Dec 2022.
• Public Consumption accounted for 9.0 % in Dec 2022.
• Private Consumption accounted for 63.3 % in Dec 2022.

Key information about United Kingdom Real GDP Growth

• The Gross Domestic Product (GDP) in United Kingdom expanded 0.4 % YoY in Dec 2022, following a growth of 1.9 % in the previous quarter.
• Real GDP Growth YoY data in UK is updated quarterly, available from Mar 1956 to Dec 2022, with an average rate of 2.2 %.
• The data reached an all-time high of 24.4 % in Jun 2021 and a record low of -22.6 % in Jun 2020.

CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. The Office for National Statistics provides Real GDP in local currency, at chain linked 2019 prices.


Related information about United Kingdom Real GDP Growth

• In the latest reports, Nominal GDP of UK reached 744.4 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 6.6 % in Dec 2022.
• GDP Per Capita in UK reached 46,373.9 USD in Dec 2021.
• Its Gross Savings Rate was measured at 16.3 % in Sep 2022.
• For Nominal GDP contributions, Investment accounted for 16.7 % in Sep 2022.
• Public Consumption accounted for 20.8 % in Sep 2022.
• Private Consumption accounted for 62.9 % in Sep 2022.

According to preliminary figures, the growth of real gross domestic product (GDP) in China amounted to 5.0 percent in 2024. For 2025, the IMF expects a GDP growth rate of around 3.95 percent. Real GDP growth The current gross domestic product is an important indicator of the economic strength of a country. It refers to the total market value of all goods and services that are produced within a country per year. When analyzing year-on-year changes, the current GDP is adjusted for inflation, thus making it constant. Real GDP growth is regarded as a key indicator for economic growth as it incorporates constant GDP figures. As of 2024, China was among the leading countries with the largest gross domestic product worldwide, second only to the United States which had a GDP volume of almost 29.2 trillion U.S. dollars. The Chinese GDP has shown remarkable growth over the past years. Upon closer examination of the distribution of GDP across economic sectors, a gradual shift from an economy heavily based on industrial production towards an economy focused on services becomes visible, with the service industry outpacing the manufacturing sector in terms of GDP contribution. Key indicator balance of trade Another important indicator for economic assessment is the balance of trade, which measures the relationship between imports and exports of a nation. As an economy heavily reliant on manufacturing and industrial production, China has reached a trade surplus over the last decade, with a total trade balance of around 992 billion U.S. dollars in 2024.

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.

United States US: GDP: Growth: Gross Value Added: Services data was reported at 2.621 % in 2015. This records an increase from the previous number of 2.221 % for 2014. United States US: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 2.335 % from Dec 1998 (Median) to 2015, with 18 observations. The data reached an all-time high of 4.456 % in 1999 and a record low of -1.772 % in 2009. United States US: GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

Israel GDP Growth Tracker: YoY: High data was reported at 5.480 % in Apr 2023. This records an increase from the previous number of 4.557 % for Mar 2023. Israel GDP Growth Tracker: YoY: High data is updated monthly, averaging 6.509 % from Jan 2005 (Median) to Apr 2023, with 220 observations. The data reached an all-time high of 28.735 % in Apr 2021 and a record low of -6.045 % in Apr 2020. Israel GDP Growth Tracker: YoY: High data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.WT: GDP Growth Tracker: Monthly.

The statistic shows the growth in real GDP in Indonesia from between 2020 to 2024, with projections up until 2030. In 2024, Indonesia's real gross domestic product grew by around 5.03 percent compared to the previous year. Indonesia's economy on the rise Indonesia is a nation with a growing economy and a steadily increasing population. It is estimated that the total population in Indonesia will surpass 255 million inhabitants by 2016 and continue to grow fast. Indonesia reports the fourth-largest population worldwide, and it is also the fifteenth-largest country by total area. The country's biggest contributor to gross domestic product is the industry, with services close behind. In 2013, industry contributed more than 45 percent to Indonesia's gross domestic product in Indonesia. The economy in Indonesia has been on the rise over the past years, and Indonesia is slowly establishing itself as one of the world’s most powerful economic players. In 2014, Indonesia's gross domestic product (GDP) amounted to more than 856 billion U.S. dollars, that's higher than Saudi Arabia's GDP, for example. GDP is calculated by analyzing the volume and value of goods and services that a country can produce in a specific time period. Emerging markets and developing economies, such as Indonesia, make up around 57 percent of global gross domestic product. Another indicator of economic strength is GDP per capita, which helps to assess the quality of life in a country and the growth of the economy. GDP per capita in Indonesia has been estimated to almost quadruple in the time period between 2004 and 2014, indicating an increase in living standards.

Key information about Russia Real GDP Growth

• The Gross Domestic Product (GDP) in Russia contracted 2.6 % YoY in Mar 2023, following a negative growth of 3.2 % in the previous quarter.
• Real GDP Growth YoY data in Russia is updated quarterly, available from Mar 1996 to Mar 2023, with an average rate of 2.7 %.
• The data reached an all-time high of 12.3 % in Dec 1999 and a record low of -9.4 % in Jun 2009.

CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. The Federal State Statistics Service provides Real GDP in local currency at 2021 prices, based on SNA 2008. Real GDP Growth prior to Q1 2012 is calculated from Real GDP at 2008 prices and prior to Q1 2004 from Real GDP at 2003 prices, both based on SNA 1993.


Related information about Russia Real GDP Growth

• In the latest reports, Nominal GDP of Russia reached 494.7 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 0.7 % in Mar 2023.
• GDP Per Capita in Russia reached 15,074.8 USD in Dec 2022.
• Its Gross Savings Rate was measured at 35.2 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 28.9 % in Dec 2022.
• Public Consumption accounted for 17.5 % in Dec 2022.
• Private Consumption accounted for 47.3 % in Dec 2022.

The average for 2020 based on 125 countries was 3.33 percent. The highest value was in Aruba: 43.39 percent and the lowest value was in Guinea: 0.01 percent. The indicator is available from 1995 to 2020. Below is a chart for all countries where data are available.

Slovakia's gross domestic product (GDP) growth for 2022 forecast in June 2022 was approximately 2.7 percent lower than the projection made in December 2021, before the war in Ukraine. GDP growth expectations were lowered for many other European countries, such as Germany (by 2.2 percent) and Italy (by 2.1 percent). At the same time, several countries worldwide were projected a highest GDP growth in 2022 than expected prior to the war, such as Saudi Arabia and Argentina. Saudi Arabia, an oil producing country, could substitute some of oil imports from Russia that Western countries banned in response to the war.

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.

Key information about Slovenia Nominal GDP Growth

• Slovenia Nominal GDP Growth was reported at 3.637 % in Dec 2024.
• This records a decrease from the previous number of 4.024 % for Sep 2024.
• Slovenia Nominal GDP Growth data is updated quarterly, averaging 7.161 % from Mar 1996 to Dec 2024, with 116 observations.
• The data reached an all-time high of 18.890 % in Jun 2021 and a record low of -9.412 % in Jun 2020.
• Slovenia Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The Statistical Office of the Republic of Slovenia provides Nominal GDP in EUR.

The Gross Domestic Product (GDP) in Iran was worth 436.91 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Iran represents 0.41 percent of the world economy. This dataset provides - Iran GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The non-financial Annual Sector Accounts (ASA) are compiled in accordance with the European System of Accounts (ESA 2010) and are transmitted by the EU Member States, EFTA Members (except Liechtenstein) following ESA2010 transmission programme (Table 8) established by the Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union, annexes A and B respectively).

The ASA encompass non-financial accounts that provide a description of the different stages of the economic process: production, generation of income, distribution of income, redistribution of income, use of income and non-financial accumulation. The ASA record the economic flows of institutional sectors in order to illustrate their economic behaviour and interactions between them. They also provide a list of balancing items that have high analytical value in their own right: value added, operating surplus and mixed income, balance of primary incomes, disposable income, saving, net lending / net borrowing. All of them but net lending / net borrowing, can be expressed in gross or net terms, i.e. with and without consumption of fixed capital that accounts for the use and obsolescence of fixed assets.

In terms of institutional sectors, a broad distinction is made between the domestic economy (ESA 2010 classification code S.1) and the rest of the world (S.2). Within S.1 and S.2, in turn, more detailed subsectors are distinguished as explained in more detail in section "3.2 Classification system".

Data are presented in the table "Non-financial transactions" (nasa_10_nf_tr).

The table contains data, as far as they are available, expressed in national currency and millions of euro in current prices.

In line with ESA2010 Transmission programme requirements data series start from 1995 (unless subject to voluntary transmission option and/or country specific derogations). Countries may transmit longer series on voluntary basis.

Available level of detail by sectors and transactions may also vary by country due to voluntary transmission of some items (as defined in ESA2010 transmission programme) and country specific derogations.

ASA collected according ESA2010 Transmission programme include selected data on employment (in persons and hours worked) by institutional sectors. However, as transmission of these variables is voluntary (except for the sector of General government), data availability may vary significantly across countries.

A set of key indicators, deemed meaningful for economic analysis, is available in the table "Key indicators" (nasa_10_ki) for most of the members of the European Economic Area (EEA), of the Euro area and EU.

Key ratios are derived from non-financial transactions as follows:

• Gross household saving rate (S.14_S.15): B8G/(B6G+D8rec-D8pay)*100;
• Gross investment rate of households (S.14_S.15): P51G/(B6G+D8rec-D8pay)*100;
• Gross investment rate of non-financial corporations (S.11): P51G/B1G*100;
• Gross profit share of non-financial corporations (S.11): B2G_B3G/B1G*100;
• Total investment to GDP ratio (S.1): P51G/B1GQ*100;
• Business investment to GDP ratio: (S.11_P51G+S.12_P51G)/B1GQ*100;
• Government investment to GDP ratio: S.13_P51G/B1GQ*100;
• Households investment to GDP ratio: (S.14_S.15_P51G)/B1GQ*100.

With the following transaction codes:

• B8G - Gross saving;
• B6G - Gross disposable income;
• D8rec / D8pay - the adjustment for the change in pension entitlements (receivable / payable);
• P51G - Gross fixed capital formation;
• B1G - Gross value added;
• B1GQ – Gross domestic product;
• B2G_B3G - Gross operating surplus/ mixed income.

In the above, all ratios are expressed in gross terms, i.e. before deduction of consumption of fixed capital.

The following key indicators are calculated in real or nominal terms:

• Real growth of household adjusted disposable income per capita (percentage change on previous period, S.14_S.15): B7G/(POP_NC*Price Deflator);
• Nominal growth of household adjusted disposable income per capita (percentage change on previous period, S.14_S.15): B7G/(POP_NC);
• Real growth of household actual consumption per capita (percentage change on previous period, S.14_S.15): P4/(POP_NC*Price Deflator).

With the following codes (the codes already described above have not been listed):

• B7G - Gross adjusted gross disposable income (adjusted for social transfers in kind);
• P4 - Actual final consumption (adjusted for social transfers in kind);
• POP_NC - Total population national concept (source:Quarterly national accounts, Eurobase domain namq_10_pe);
• Price deflator - Price index/implicit deflator calculated as CP_MEUR/CLV10_MEUR – both indicators refer to households and NPISH final consumption expenditure (P31_S14_S15) (source: Quarterly national accounts, Eurobase domain namq_10_gdp).

The following key indicators combine non-financial with financial accounts:

• Gross return on capital employed, before taxes, of non-financial corporations (S.11): [B2G_B3G/(AF2+AF3+AF4+AF5, liab)]*100;
• Net debt-to-income ratio, after taxes, of non-financial corporations (S.11): ([(AF2+AF3+AF4, liab)/(B4N-D5pay)]*100);
• Net return on equity, after taxes, of non-financial corporations (S.11): [(B4N-D5pay)/(AF5, liab)]*100
• Gross debt-to-income ratio of households (S.14_15): [(AF4, liab)/(B6G+D8net)]*100;
• Household net financial assets ratio (BF90/(B6G+D8net)).

With the following codes (the codes already described above have not been listed):

• B4N - Net entrepreneurial income;
• D5pay - Current taxes on income and wealth;
• AF2 - Currency and deposits;
• AF3 - Debt securities (excluding financial derivatives);
• AF4 - Loans;
• AF5 - Equity and investment fund shares;
• BF90 – Financial net worth.

"rec" means resources, that is transactions that add to the economic value of a given sector.

"pay" means "uses", that is transactions that reduce the economic value of a given sector.

"liab" refers to the stock of liabilities incurred by a given sector and recorded in the financial balance sheets.

See also the sector accounts dedicated website for more information.

The average for 2023 based on 176 countries was 9.8 percent. The highest value was in the Comoros: 35.94 percent and the lowest value was in Malta: 0 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

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.