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.
In most years since 1980, global GDP growth has been relatively consistent, generally fluctuating between two and five percent growth from year to year. The most notable exceptions to this were during the Great Recession in 2009, and again in 2020 during the Covid-19 pandemic, where the global economy actually shrank in both of these years. As the world economy continues to deal with the economic impact of the pandemic, as well as the fallout from Russia's invasion of Ukraine in 2022, the future remains uncertain, however current estimates suggest that annual growth will return to steady figures of around 3 percent in 2029.
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The table shows the level of gross fixed capital formation, i.e. investment, as percent of GDP around the world. There are three values - for the last quarter, for the previous quarter, and for a year ago. These numbers are updated as soon as new data are released by the national authorities. Looking across countries, investment is about 20-25 percent of GDP, typically with greater values for less developed countries than for advanced economies. This is normal as those countries are in the process of industrialization that requires more investment.
The statistic shows the 20 countries with the largest proportion of the global gross domestic product (GDP) based on Purchasing Power Parity (PPP) in 2023. In 2023, Germany had an estimated share of about 3.15 percent of the global GDP.
Between 1820 and 1913, Asia's share of global GDP fell from 58 percent to just 27 percent. Although Asia's overall GDP grew throughout the given period, the rapid industrialization observed across Europe, North America, Australia, and New Zealand saw their combined share increase from 35 percent to 67 percent, which offset Asia's growth. In particular, the combined share of North America, Australia, and New Zealand grew over ten times larger in this period, from two percent in 1820 to 21 percent in 1913.
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The Gross Domestic Product (GDP) in China was worth 17794.78 billion US dollars in 2023, according to official data from the World Bank. The GDP value of China represents 16.88 percent of the world economy. This dataset provides - China GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
This layer contains Gross Domestic Product (GDP) Per Capita - the total value of goods produced and services provided, divided by the total population in each country, from 1960 to 2016, expressed in 2016 US Dollars. Expressing the GDP in "per capita" terms allows for better comparisons across countries. Total GDP is available in an accompanying layer. GDP as a measure has been largely criticized as an incomplete measure of productivity and wealth, as it does not take into account production in the informal economy, quality of life, degradation to the environment, or income distribution. However, GDP is an internationally comparable measure, used in everything from banks setting interest rates to political campaign speeches.Source: World Bank, World Development Indicators.
In 2023, the United States accounted for 15.56 percent of global gross domestic product (GDP) after adjusting for purchasing power parity (PPP). This share was expected to decrease to 14.72 percent by 2029, which is roughly a seventh of the global total. What is PPP? The easiest way to understand purchasing power parity is the Big Mac Index, a measure developed by The Economist. The index tracks the price of the McDonald’s Big Mac burger, sold at each of its thousands of restaurants worldwide. Countries where the Big Mac is most expensive have higher purchasing power, meaning one can buy more for each unit of that currency. To calculate PPP, economists use a group of goods to calculate the ratio of the price of this group in each country. This ratio is then used to convert all countries into a standardized price level, on parity with each other. Why use PPP? A U.S. dollar in the United States does not have the same purchasing power as a dollar in China, even after considering the exchange rate. For this reason, adjusting for PPP gives an idea of what the rest of the world could buy in the United States, if prices were the same as in their home country. However, some economists argue that using PPP for comparisons between countries is inaccurate because it changes the price level differently for each country. Still, because it accounts not only for country-specific effects but also inflation and exchange rate fluctuations, PPP is a very popular metric.
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The Gross Domestic Product (GDP) in Mexico was worth 1789.11 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Mexico represents 1.70 percent of the world economy. This dataset provides - Mexico GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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This dataset provides values for PRIVATE DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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The Gross Domestic Product (GDP) In the Euro Area was worth 15780.69 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Euro Area represents 14.97 percent of the world economy. This dataset provides the latest reported value for - Euro Area GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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We developed and presented a set of comparable spatially explicit global gridded gross domestic product (GDP) for both historical period (2005 as representative) and for future projections from 2030 to 2100 at a ten-year interval for all five SSPs. The DMSP-OLS nighttime light (NTL) images and the LandScan Global Population database were used to generate LitPop map, which reduces the limitations of saturation problem of using NTL images alone or the assumption of even GDP per capita within an administrative boundary of gridded data set in GDP disaggregation. We used the LitPop maps to disaggregate national GDP and over 800 provincial gross regional product (GRP, in 2005 PPP USD) across the globe in 2005 and to downscaled to a spatial resolution of 30 arc-seconds (~1 km at equator). National and supranational GDP growth rate projections in 2030-2100 under five SSPs were then downscaled to 1-km grids based on the LitPop approach, which used NPP-VIIRS product as fixed NTL image in 2015 and the population projections of 0.125 arc-degreee (Jones and O'Neill, 2016), which are downscaled to 1-km based on LandScan population distribution pattern in 2015. We then upscaled this gridded GDP dataset to 0.25 arc-degree and provided here.
There are 41 tif files (2005 and 2030 - 2100 at a ten-year interval for five SSPs) for each spatial resolution. The gridded GDP are distributed over land with value of zero filled in the Antarctica, oceans and some desert or wilderness areas (non-illuminated and depopulated zones). The spatial extents are 60S - 90N and 180E - 180W in standard WGS84 coordinate system.
For more details, please refer to the corresponding article: Global gridded GDP data set consistent with the shared socioeconomic pathways by Wang and Sun (2022).
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CN: Gross Domestic Product: Current PPP data was reported at 34,643.710 USD bn in 2023. This records an increase from the previous number of 31,773.150 USD bn for 2022. CN: Gross Domestic Product: Current PPP data is updated yearly, averaging 4,522.776 USD bn from Dec 1981 (Median) to 2023, with 43 observations. The data reached an all-time high of 34,643.710 USD bn in 2023 and a record low of 350.540 USD bn in 1981. CN: Gross Domestic Product: Current PPP 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 China – Table CN.OECD.MSTI: Gross Domestic Product, GDP PPP and GDP Deflator: Non OECD Member: Annual.
The national breakdown by source of funds does not fully match with the classification defined in the Frascati Manual. The R&D financed by the government, business enterprises, and by the rest of the world can be retrieved but part of the expenditure has no specific source of financing, i.e. self-raised funding (in particular for independent research institutions), the funds from the higher education sector and left-over government grants from previous years.
The government and higher education sectors cover all fields of NSE and SSH while the business enterprise sector only covers the fields of NSE. There are only few organisations in the private non-profit sector, hence no R&D survey has been carried out in this sector and the data are not available.
From 2009, researcher data are collected according to the Frascati Manual definition of researcher. Beforehand, this was only the case for independent research institutions, while for the other sectors data were collected according to the UNESCO concept of “scientist and engineer”.
In 2009, the survey coverage in the business and the government sectors has been expanded.
Before 2000, all of the personnel data and 95% of the expenditure data in the business enterprise sector are for large and medium-sized enterprises only. Since 2000 however, the survey covers almost all industries and all enterprises above a certain threshold. In 2000 and 2004, a census of all enterprises was held, while in the intermediate years data for small enterprises are estimated.
Due to the reform of the S&T system some government institutions have become enterprises, and their R&D data have been reflected in the Business Enterprise sector since 2000.
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The Gross Domestic Product (GDP) in Panama was worth 83.32 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Panama represents 0.08 percent of the world economy. This dataset provides - Panama GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
This statistic shows the distribution of gross domestic product (GDP) across economic sectors worldwide from 2008 to 2018. In 2018, the agricultural sector contributed around only 4 percent to the global GDP, 27.81 percent came from the industry and 61.2 percent from the service sector.
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The Gross Domestic Product (GDP) in Sudan was worth 109.33 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Sudan represents 0.10 percent of the world economy. This dataset provides the latest reported value for - Sudan GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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US: GDP: USD: Exports of Goods and Services data was reported at 2,214.566 USD bn in 2016. This records a decrease from the previous number of 2,264.916 USD bn for 2015. US: GDP: USD: Exports of Goods and Services data is updated yearly, averaging 444.601 USD bn from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 2,373.648 USD bn in 2014 and a record low of 27.000 USD bn in 1960. US: GDP: USD: Exports of Goods and 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: Nominal. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
Throughout the Second World War, the United States consistently had the largest gross domestic product (GDP) in the world. Additionally, U.S. GDP grew significantly throughout the war, whereas the economies of Europe and Japan saw relatively little growth, and were often in decline. The impact of key events in the war is also reflected in the trends shown here - the economic declines of France and the Soviet Union coincide with the years of German invasion, while the economies of the three Axis countries experienced their largest declines in the final year of the war.
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The Gross Domestic Product (GDP) in Italy was worth 2300.94 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Italy represents 2.18 percent of the world economy. This dataset provides the latest reported value for - Italy GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
BY: GDP: USD: Gross National Income: Atlas Method data was reported at 71.538 USD bn in 2023. This records an increase from the previous number of 66.525 USD bn for 2022. BY: GDP: USD: Gross National Income: Atlas Method data is updated yearly, averaging 45.766 USD bn from Dec 1992 (Median) to 2023, with 32 observations. The data reached an all-time high of 71.991 USD bn in 2014 and a record low of 12.926 USD bn in 2001. BY: GDP: USD: Gross National Income: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belarus – Table BY.World Bank.WDI: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
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.