The state of Florida experienced the most significant GDP growth in 2023, growing by 9.8 percent from 2022. Washington, South Carolina, and Nebraska also experienced high amounts of growth in the same period. Wyoming saw the smallest increase, at only two percent.
The state of North Dakota experienced the most significant growth in real GDP in 2023, growing 7.8 percent when compared to 2022. Texas and Oklahoma also experienced growth at or more than seven percent.
This statistic shows the ten countries with the fastest growing economies in the world from 2001 to 2010. Over the past decade, Angola has demonstrated the fastest economic growth rate with average annual GDP growth sitting as high as 11.1 percent. The overall quarterly GDP growth in the United States can be found here.
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.
The statistic shows the growth in real GDP in Brazil from between 2019 and 2023, with projections up until 2029. In 2023, Brazil’s real gross domestic product increased by 2.91 percent compared to the previous year.
Brazilian growth and civic unrest
GDP is a reliable tool used to indicate the shape of a national economy. It is one of the most well-known and well-understood measurements of the state of a country. Gross domestic product, or GDP, is the total market value of all final services and goods that have been produced in a country within a given period of time, usually a year.
Brazil has undergone a huge economic transformation in the course of the last decade and is now one of the fastest growing economies on the planet. It belongs to the BRIC club of countries, an acronym that refers to the countries Brazil, Russia, India and China, a group of countries which are considered to be at a relatively similar stage of new and advancing economic development. Economic reforms in Brazil have given the country a boost on the international stage, which has helped it to gain significantly in recognition and influence around the world.
The domestic product growth rate in Brazil is progressing throughout the years. After a minor blip in 2009, when a short recession saw the rate of growth moving slightly backwards, the economy has picked itself up and fought back with an increase of an impressive 7.53 percent in 2010. Despite the rapid growth and the perceived increase in Brazilian domestic prosperity, the gap between rich and poor remains distinct. The lower class manifested themselves in the numerous protests that erupted across the South American state in the summer of 2013. For days, hundreds of thousands of Brazilians took to the streets to protest the increase of public transport fares, but the demonstrations evolved into a more general protest against increasing social inequalities among the Brazilian population, despite increased prosperity.
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This dataset provides values for GDP GROWTH RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2023, at 90,730 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 39,102 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 214,000 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.
The Covid-19 pandemic saw growth fall by 2.2 percent, compared with an increase of 2.5 percent the year before. The last time the real GDP growth rates fell by a similar level was during the Great Recession in 2009, and the only other time since the Second World War where real GDP fell by more than one percent was in the early 1980s recession. The given records began following the Wall Street Crash in 1929, and GDP growth fluctuated greatly between the Great Depression and the 1950s, before growth became more consistent.
In 2024, the United States had the largest economy in the world, with a gross domestic product of just under 29 trillion U.S. dollars. China had the second largest economy, at around 18.5 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 Italy'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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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.
In 2023 the real gross domestic product (GDP) of the United States increased by 2.5 percent compared to 2022. This rate of annual growth indicates a return to economy normalcy after 2020 saw a dramatic decline in the GDP growth rate due to the the coronavirus (COVID-19) pandemic, and high growth in 2021.
What does GDP growth mean?
Essentially, the annual GDP of the U.S. is the monetary value of all goods and services produced within the country over a given year. On the surface, an increase in GDP therefore means that more goods and services have been produced between one period than another. In the case of annualized GDP, it is compared to the previous year. In 2023, for example, the U.S. GDP grew 2.5 percent compared to 2022.
Countries with highest GDP growth rate
Although the United States has by far the largest GDP of any country, it does not have the highest GDP growth, nor the highest GDP at purchasing power parity. In 2021, Libya had the highest growth in GDP, growing more than 177 percent compared to 2020. Furthermore, Luxembourg had the highest GDP per capita at purchasing power parity, a better measure of living standards than nominal or real GDP.
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Graph and download economic data for Total Gross Domestic Product for Houston-The Woodlands-Sugar Land, TX (MSA) (NGMP26420) from 2001 to 2023 about Houston, TX, industry, GDP, and USA.
The fastest growing economy in Europe in 2024 was Malta. The small Mediterranean country's gross domestic product grew at five percent in 2024, beating out Montenegro which had a growth rate of almost four percent and the Russian Federation which had a rate of 3.6 percent in the same year. Estonia was the country with the largest negative growth in 2024, as the Baltic country's economy shrank by 0.88 percent compared with 2023, largely as a result of the country's exposure to the economic effects of Russia's invasion of Ukraine and the subsequent economic sanctions placed on Russia. Germany, Europe's largest economy, experience economic stagnation with a growth of 0.1 percent. Overall, the EU (which contains 27 European countries) registered a growth rate of one percent and the Eurozone (which contains 20) grew by 0.8 percent.
In 2024, Niger's real GDP is estimated to grow by 10.4 percent compared to the previous year. During 2023, the GDP is estimated to have increased by only 1.4 percent, nevertheless a positive trend. The country's real GDP is forecast to continue growing but at a slower pace. Between 2025 and 2029, it is expected to grow annually by roughly six percent. Furthermore, the GDPs of Senegal, Libya, and Rwanda might increase by around 8.3 percent, 7.8 percent, and 6.9 percent during 2024, respectively. Niger: A dependence on agriculture A large portion of Niger's economy comes from agriculture. In 2022, agriculture accounted for almost 40 percent of the GDP. Niger is not the only country in Africa where agriculture plays a crucial role. For example, agriculture made up nearly 60 percent of Sierra Leone’s GDP in 2022. Such dependence could mean that any disruptions in the agricultural products market could have significant effects on the country's GDP. Sub-Saharan Africa's economy will be among the fastest-growing regions worldwide Three African countries have significantly larger economies, namely, Nigeria, South Africa, and Egypt. As of 2022, these countries' GDP stood at nearly 477.4 billion, 475.2 billion, and 405.7 billion U.S. dollars. Furthermore, it is anticipated that Sub-Saharan Africa's GDP growth in 2026 will rank as the second-fastest growing economic region in the world after the ASEAN-5 countries, with a growth rate of approximately four percent. In contrast, economic areas such as the European Union are forecast to grow at only about 1.5 percent in the same year.
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Economic surplus model results: Change in economy-wide income in 2030 from faster productivity growth, as modeled by the IMPACT model.
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United States relations with China are critically important for the future of world politics. They are also a useful case in which to test the individual-level implications of the liberal commercial peace argument. A plausible case can be made on both side s of the claim that China poses a security threat to the United States. China's economy is growing far faster than the United States' economy, while the country remains a communist autocracy. At the same time, trade between the U.S. and China has expanded dramatically in the last three decades. Its dual role as a major trading partner and a growing international rival generates substantial uncertainty about China's future status as friend or foe. Using data from a recent survey by the Chicago Council on Foreign Relations (CCFR), we find that economic interests help explain individual Americans' assessment of China as a threat and their views concerning hostile policies toward that country. Those who stand to benefit from trade with China hold more positive views of the country and oppose conflictual foreign policies with respect to it. Those whose incomes are likely to decline because of trade with China tend to take the opposite position on these questions.
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Graph and download economic data for Unemployment Level - 55 Yrs. & over (LNS13024230) from Jan 1948 to Feb 2025 about 55 years +, household survey, unemployment, and USA.
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BackgroundPublic health expenditure is one of the fastest-growing spending items in EU member states. As the population ages and wealth increases, governments allocate more resources to their health systems. In view of this, the aim of this study is to identify the key determinants of public health expenditure in the EU member states.MethodsThis study is based on macro-level EU panel data covering the period from 2000 to 2018. The association between explanatory variables and public health expenditure is analyzed by applying both static and dynamic econometric modeling.ResultsAlthough GDP and out-of-pocket health expenditure are identified as the key drivers of public health expenditure, there are other variables, such as health system characteristics, with a statistically significant association with expenditure. Other variables, such as election year and the level of public debt, result to exert only a modest influence on the level of public health expenditure. Results also indicate that the aging of the population, political ideologies of governments and citizens’ expectations, appear to be statistically insignificant.ConclusionSince increases in public health expenditure in EU member states are mainly triggered by GDP increases, it is expected that differences in PHE per capita across member states will persist and, consequently, making it more difficult to attain the health equity sustainable development goal. Thus, measures to reduce EU economic inequalities, will ultimately result in reducing disparities in public health expenditures across member states.
The real gross domestic product (GDP) of Malta is estimated to have grown by 7.5 percent in 2023 and is projected to grow a further five percent in 2024, which are the highest growth rates across all European countries for each year. In comparison, Estonia, Austria, Finland, and Ireland all had negative growth rates in 2023.
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This survey of 1,008 adult residents includes questions from earlier Orange County Annual Surveys. It also includes key indicators from the PPIC Statewide Survey for comparisons with the state and regions of California. It also considers racial/ethnic, income, and political differences. The following issues are explored in this Orange County Survey: Orange County Issues, Housing Issues, and State and National Issues. Orange County Issues include such questions as: What are the trends over time in consumer confidence and the public's ratings of the quality of life and the economy in Orange County? Do residents recall the Orange County government bankruptcy in 1994, how do they perceive its impacts today, and have attitudes toward the county government recovered in the past 10 years? How satisfied are residents with their local public services and city governments? What are the most important issues facing the county and how do residents rate the problems in their regions? What are their perceptions of commuting and transportation plans and preferences for local transportation taxes? Housing Issues include such questions as: How satisfied are residents with their homes and neighborhoods and how do they perceive their opportunities for buying a home in Orange County? How many residents feel the financial strain of housing costs, perceive the benefits of rising home values, or are seriously considering moving? What housing and neighborhood options are they willing to consider?Online data analysis & additional documentation in Link below. Methods The Orange County Survey a collaborative effort of the Public Policy Institute of California and the School of Social Ecology at the University of California, Irvine is a special edition of the PPIC Statewide Survey. This is the fourth in an annual series of PPIC surveys of Orange County. Mark Baldassare, director of the PPIC Statewide Survey, is the founder and director of the Orange County Annual Survey at UCI and a former UCI professor. The UCI survey was conducted 19 times from 1982 to 2000; thus, the Orange County Survey collaboration between PPIC and UCI that began in 2001 is an extension of earlier survey efforts. The special survey of Orange County is co-sponsored by UCI with local support received for this four-year series from Deloitte and Touche, Pacific Life Foundation, Disneyland, Los Angeles Times, Orange County Business Council, Orange County Division of League of California Cities, Orange County Register, The Irvine Company, and United Way of Orange County.Orange County is the second most populous county in the state and one of California's fastest growing and changing regions. The county is home to three million residents today, having gained approximately one million residents since 1980. Three in four residents were white and non-Hispanic in 1980; today, nearly half are Latinos and Asians, and more population growth and racial/ethnic change are projected for the next several decades. The county's dynamic economy has become one of the leaders in the high-technology industry. The county is a bellwether county in state and national politics and the site of many important local governance issues, including a county government bankruptcy that occurred 10 years ago in December 1994. There are also housing, transportation, land use, and environmental concerns related to development. Public opinion findings are critical to informing discussions and resolving public debates on key issues. The purpose of this study is to inform policymakers, the media, and the general public by providing timely, accurate, and objective information about policy preferences and economic, social, and political trends.To measure changes over time, this survey of 1,008 adult residents includes questions from earlier Orange County Annual Surveys. It also includes key indicators from the PPIC Statewide Survey for comparisons with the state and regions of California. We also consider racial/ethnic, income, and political differences. The following issues are explored in this Orange County Survey:Orange County Issues What are the trends over time in consumer confidence and the public's ratings of the quality of life and the economy in Orange County? Do residents recall the Orange County government bankruptcy in 1994, how do they perceive its impacts today, and have attitudes toward the county government recovered in the past 10 years? How satisfied are residents with their local public services and city governments? What are the most important issues facing the county and how do residents rate the problems in their regions? What are their perceptions of commuting and transportation plans and preferences for local transportation taxes?Housing Issues How satisfied are residents with their homes and neighborhoods and how do they perceive their opportunities for buying a home in Orange County? How many residents feel the financial strain of housing costs, perceive the benefits of rising home values, or are seriously considering moving? What housing and neighborhood options are they willing to consider?State and National Issues What is the overall outlook for California and U.S. conditions? How do residents rate the job performances of Governor Arnold Schwarzenegger and President George W. Bush? What are their perceptions of the national election and the second term of the Bush presidency? Has the partisan divide in trust in the federal government increased over time?
The state of Florida experienced the most significant GDP growth in 2023, growing by 9.8 percent from 2022. Washington, South Carolina, and Nebraska also experienced high amounts of growth in the same period. Wyoming saw the smallest increase, at only two percent.