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 novel coronavirus pandemic, or COVID-19, had a severe impact on the global economy, causing a decrease of the G20 countries' gross domestic product (GDP) of three percent in 2020. However, the following year, the GDP of these countries grew by over six percent. It continued to grow in the following years, albeit at a slower pace, and is forecast to continue to do so in 2025 and 2026.For more information about the economic impact of the COVID-19 pandemic on the global economy, please check out our dedicated topic page.

The average for 2023 based on 19 countries was 40338 U.S. dollars. The highest value was in the USA: 74578 U.S. dollars and the lowest value was in India: 9160 U.S. dollars. The indicator is available from 1990 to 2023. Below is a chart for all countries where data are available.

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 G20 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

In 2024, the United States was the G20 country with the largest gross domestic product per capita, with ****** international dollars per capita. The international dollar is a hypothetical currency accounting for purchasing power parity (PPP), assuming that the U.S. dollar would have the same value all around the world. Saudi Arabia had the second highest GDP per capita, followed by Germany. On the other hand, India had the lowest at only ***** dollars per capita.

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

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product - Total for G20 (G20NAEXKP01GPSAQ) from Q2 1998 to Q4 2024 about G20, expenditures, real, and GDP.

In 2023, the G7 countries of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States held ** percent of the global gross domestic product (GDP). In 2029, that figure is projected to drop to ** percent. Considering the other G20 countries, excluding the G7 countries, the GDP is expected to account for around ** percent of the global GDP in 2029.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product - Total for G20 (G20NAEXKP01STSAQ) from Q1 1998 to Q4 2017 about G20, expenditures, real, and GDP.

This dataset provides values for GOVERNMENT SPENDING TO 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 2023 based on 19 countries was 4.16 percent. The highest value was in the USA: 26.47 percent and the lowest value was in South Africa: 0.36 percent. The indicator is available from 1980 to 2023. Below is a chart for all countries where data are available.

The novel coronavirus pandemic, or COVID-19, had a severe impact on the global economy, causing a decrease of the G20 countries' gross domestic product (GDP) of all G20 countries except for ***** and ****** in 2020. The rising inflation in 2022 and 2023 also caused slowing economic growth in some countries, but not nearly as heavy as during the COVID-19 pandemic.For more information about the economic impact of the COVID-19 pandemic on the global economy, please check out our dedicated topic page.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product - Total for G20 (G20NAEXKP01GYSAQ) from Q1 1999 to Q1 2025 about G20, expenditures, real, and GDP.

The statistic shows the growth of the real gross domestic product (GDP) in the G20 states in the second quarter of 2023. The G20 are a group of twenty major industrial and emerging economies, consisting of ** countries and the European Union. Gross domestic product refers to the total value of all goods and services produced during the year within a country and end use intended. It is considered an important indicator of the economic strength of a country. Real gross domestic product considers the price development. A positive change is referred to as economic growth. In Indonesia, the real gross domestic product grew by *** percent in the second quarter of 2023, compared to the previous quarter.

A brief description of the provided GDP data for G20 & BRICS countries from 2008 to 2021 in five lines:

The data represents the Gross Domestic Product (GDP) of G20 countries, a group of major economies, over a 15-year period from 2008 to 2022.

It shows the varying economic sizes of G20 nations, with China and the United States consistently having the largest GDP, while smaller economies like Argentina and South Africa have considerably smaller GDPs.

Notably, the COVID-19 pandemic in 2020 had a significant impact, causing some countries' GDPs to contract temporarily before rebounding in 2021.

Japan, despite its size, experienced relatively stable GDP growth, while emerging economies like India and Indonesia demonstrated notable expansion over the years.

The European Union (EU) is not individually listed but represents a significant portion of the global economy, contributing to the overall global GDP figures.

Explore real GDP growth projections dataset, including insights into the impact of COVID-19 on economic trends. This dataset covers countries such as Spain, Australia, France, Italy, Brazil, and more.

growth rate, Real, COVID-19, GDP

Spain, Australia, France, Italy, Brazil, Argentina, United Kingdom, United States, Canada, Russia, Turkiye, World, China, Mexico, Korea, India, Saudi Arabia, South Africa, Germany, Indonesia, JapanFollow data.kapsarc.org for timely data to advance energy economics research..Source: OECD Economic Outlook database.- India projections are based on fiscal years, starting in April. The European Union is a full member of the G20, but the G20 aggregate only includes countries that are also members in their own right. Spain is a permanent invitee to the G20. World and G20 aggregates use moving nominal GDP weights at purchasing power parities. Difference in percentage points, based on rounded figures.

The average for 2023 based on 16 countries was 24.33 percent. The highest value was in Indonesia: 35.95 percent and the lowest value was in South Africa: 13.63 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

Graph and download economic data for Balance of payments BPM6: Current account Balance: Total: Total Balance as % of GDP for G20 (G20B6BLTT02STSAQ) from Q1 2006 to Q4 2017 about G20, current account, BOP, and GDP.

World Development Indicators (WDI) is the primary World Bank collection of development indicators, compiled from officially recognized international sources. It presents the most current and accurate global development data available, and includes national, regional and global estimates. [Note: Even though Global Development Finance (GDF) is no longer listed in the WDI database name, all external debt and financial flows data continue to be included in WDI. The GDF publication has been renamed International Debt Statistics (IDS), and has its own separate database, as well.

Last Updated:01/28/2025

Data contains Following 20 Countries 'Argentina', 'Australia', 'Brazil', 'China', 'France', 'Germany', 'India', 'Indonesia', 'Italy', 'Japan', 'Korea, Rep.', 'Mexico', 'Netherlands', 'Russian Federation', 'Saudi Arabia', 'Spain', 'Switzerland', 'Turkiye', 'United Kingdom', 'United States'

Dataset contains below Development Indicators 'Adolescent fertility rate (births per 1,000 women ages 15-19)', 'Agriculture, forestry, and fishing, value added (% of GDP)', 'Annual freshwater withdrawals, total (% of internal resources)', 'Births attended by skilled health staff (% of total)', 'Contraceptive prevalence, any method (% of married women ages 15-49)', 'Domestic credit provided by financial sector (% of GDP)', 'Electric power consumption (kWh per capita)', 'Energy use (kg of oil equivalent per capita)', 'Exports of goods and services (% of GDP)', 'External debt stocks, total (DOD, current US$)', 'Fertility rate, total (births per woman)', 'Foreign direct investment, net inflows (BoP, current US$)', 'Forest area (sq. km)', 'GDP (current US$)', 'GDP growth (annual %)', 'GNI per capita, Atlas method (current US$)', 'GNI per capita, PPP (current international $)', 'GNI, Atlas method (current US$)', 'GNI, PPP (current international $)', 'Gross capital formation (% of GDP)', 'High-technology exports (% of manufactured exports)', 'Immunization, measles (% of children ages 12-23 months)', 'Imports of goods and services (% of GDP)', 'Income share held by lowest 20%', 'Industry (including construction), value added (% of GDP)', 'Inflation, GDP deflator (annual %)', 'Life expectancy at birth, total (years)', 'Merchandise trade (% of GDP)', 'Military expenditure (% of GDP)', 'Mobile cellular subscriptions (per 100 people)', 'Mortality rate, under-5 (per 1,000 live births)', 'Net barter terms of trade index (2015 = 100)', 'Net migration', 'Net official development assistance and official aid received (current US$)', 'Personal remittances, received (current US$)', 'Population density (people per sq. km of land area)', 'Population growth (annual %)', 'Population, total', 'Poverty headcount ratio at $2.15 a day (2017 PPP) (% of population)', 'Poverty headcount ratio at national poverty lines (% of population)', 'Prevalence of HIV, total (% of population ages 15-49)', 'Prevalence of underweight, weight for age (% of children under 5)', 'Primary completion rate, total (% of relevant age group)', 'Revenue, excluding grants (% of GDP)', 'School enrollment, primary (% gross)', 'School enrollment, primary and secondary (gross), gender parity index (GPI)', 'School enrollment, secondary (% gross)', 'Surface area (sq. km)', 'Tax revenue (% of GDP)', 'Terrestrial and marine protected areas (% of total territorial area)', 'Time required to start a business (days)', 'Total debt service (% of exports of goods, services and primary income)', 'Urban population growth (annual %)