Guyana had the highest real gross domestic product (GDP) in the Americas in 2023, reaching ** percent. Panama followed behind with *** percent. On the other hand, the GDP of Haiti decreased by *** percent in 2023.

This statistic shows the 20 countries with the highest growth of the gross domestic product (GDP) in 2023. In 2023, Guyana ranked 2nd with an estimated GDP growth of approximately 32.96 percent compared to the previous year. GDP around the world Gross domestic product (GDP) is an indicator of the monetary value of all goods and services produced by a nation in a specific time period. GDP is a strong index of a country’s economic strength - the higher the GDP of a nation, the stronger that country’s economy. The countries in the world with the highest GDP or GDP per capita are mainly developed and emerging countries, with global gross domestic product amounting to nearly 75 trillion U.S. dollars. As of 2016, the United States is the nation in the world with the highest GDP with more than 18.56 trillion U.S. dollars, which makes up more than 15.7 percent of the global GDP. The countries with the lowest gross domestic product per capita in 2014 were mainly African nations. The country in the world with the lowest GDP per capita in 2016 was South Sudan, followed by Malawi, and Burundi. However, several economically struggling African and Asian countries such as Myanmar, Côte d'Ivoire, Bhutan, and India reported the highest growth of the gross domestic product in 2016. Also in the top 20 nations with the highest growth of the GDP is China. In 2016, the GDP in China was the second highest GDP in the world. It is estimated that by 2019 the GDP in China will grow by 6 percent. Based on this estimate, GDP in China will be at around 14.6 trillion U.S. dollars by 2019.

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

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

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

The real gross domestic product (GDP) growth of Samoa was around **** percent in 2024, which was the highest growth rate across all countries and territories in the Asia-Pacific region in that year. In comparison, China's real GDP was reported to grow at about five percent in 2024 and projected to grow by **** percent by 2030.

In 2024, the growth of the gross domestic product (GDP) in Samoa was approximately to *** percent, the highest in the Asia-Pacific region. In comparison, GDP declined by approximately *** percent in Myanmar that year.

Iran gdp growth rate for 2023 was 4.95%, a 1.18% increase from 2022.

<ul style='margin-top:20px;'>

<li>Iran gdp growth rate for 2022 was <strong>3.78%</strong>, a <strong>0.94% decline</strong> from 2021.</li>
<li>Iran gdp growth rate for 2021 was <strong>4.72%</strong>, a <strong>1.39% increase</strong> from 2020.</li>
<li>Iran gdp growth rate for 2020 was <strong>3.33%</strong>, a <strong>6.4% increase</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

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.

OECD members gdp growth rate for 2023 was 1.82%, a 1.21% decline from 2022.

<ul style='margin-top:20px;'>

<li>OECD members gdp growth rate for 2022 was <strong>3.03%</strong>, a <strong>2.89% decline</strong> from 2021.</li>
<li>OECD members gdp growth rate for 2021 was <strong>5.92%</strong>, a <strong>9.82% increase</strong> from 2020.</li>
<li>OECD members gdp growth rate for 2020 was <strong>-3.90%</strong>, a <strong>5.76% decline</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

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

This table presents Gross Domestic Product (GDP) and its main components according to the expenditure approach. Data is presented as growth rates. In the expenditure approach, the components of GDP are: final consumption expenditure of households and non-profit institutions serving households (NPISH) plus final consumption expenditure of General Government plus gross fixed capital formation (or investment) plus net trade (exports minus imports).

When using the filters, please note that final consumption expenditure is shown separately for the Households/NPISH and General Government sectors, not for the whole economy. All other components of GDP are shown for the whole economy, not for the sector breakdowns.

The data is presented for OECD countries individually, as well as the OECD total, G20, G7, OECD Europe, United States - Mexico - Canada Agreement (USMCA), European Union and euro area.

These indicators were presented in the previous dissemination system in the QNA dataset.
See User Guide on Quarterly National Accounts (QNA) in OECD Data Explorer: QNA User guide
See QNA Calendar for information on advance release dates: QNA Calendar
See QNA Changes for information on changes in methodology: QNA Changes
See QNA TIPS for a better use of QNA data: QNA TIPS
Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage
OECD statistics contact: STAT.Contact@oecd.org

South Korea economic growth for 2018 was $2,126, a 1.21% increase from 2018.

<ul style='margin-top:20px;'>

<li>South Korea economic growth for 2018 was <strong>$2,101</strong>, a <strong>0.97% increase</strong> from 2018.</li>
<li>South Korea economic growth for 2018 was <strong>$2,081</strong>, a <strong>1.32% increase</strong> from 2018.</li>
<li>South Korea economic growth for 2018 was <strong>$2,054</strong>, a <strong>1.4% increase</strong> from 2017.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

U.S. economic growth for 2018 was $20,891, a 1.13% increase from 2018.

<ul style='margin-top:20px;'>

<li>U.S. economic growth for 2018 was <strong>$20,658</strong>, a <strong>1.21% increase</strong> from 2018.</li>
<li>U.S. economic growth for 2018 was <strong>$20,412</strong>, a <strong>1.85% increase</strong> from 2018.</li>
<li>U.S. economic growth for 2018 was <strong>$20,041</strong>, a <strong>1.05% increase</strong> from 2017.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

This statistic shows a forecast of the gross domestic product (GDP) growth in the euro countries in 2025. In 2025, the gross domestic product in Germany is forecast to grow by 1.33 percent over the previous year.

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

The GDP per capita for countries is shown in this dataset for the different years. This economic metric shows the economic output per person and determines the country’s situation based on its economic growth. This dataset can be used to analyze the prosperity of a country based on its economic growth. Countries with higher GDP per countries are determined to be developed whereas countries with low GDP per capita are determined to be developing countries. This dataset can be used to analyze a country’s wealth and prosperity.

Lithuania economic growth for 2018 was $102.48, a 1.76% increase from 2018.

<ul style='margin-top:20px;'>

<li>Lithuania economic growth for 2018 was <strong>$100.70</strong>, a <strong>0.75% increase</strong> from 2018.</li>
<li>Lithuania economic growth for 2018 was <strong>$99.95</strong>, a <strong>1.84% increase</strong> from 2018.</li>
<li>Lithuania economic growth for 2018 was <strong>$98.14</strong>, a <strong>1.61% increase</strong> from 2017.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Using an LIC-specific participation model, we adopt a propensity score matching (PSM) methodology to compare economic growth performance in countries with and without IMF programmes over the period 1989–2008. Concessional programmes are found to have had a generally positive effect on economic growth for up to two years after agreements were signed. The effects are contingent on other factors including overall initial economic conditions, recent prior growth performance, aid dependency, debt, IMF resources, recent history of IMF engagement and time period. We examine the implications of the results as the IMF considers how best to support the Sustainable Development Goals.

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.