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The Gross Domestic Product (GDP) in World was worth 111326.37 billion US dollars in 2024, according to official data from the World Bank. This dataset includes a chart with historical data for World GDP.
The statistic shows global gross domestic product (GDP) from 1985 to 2024, with projections up until 2030. In 2020, global GDP amounted to about 85.76 trillion U.S. dollars, two and a half trillion lower than in 2019. Gross domestic product Gross domestic product, also known as GDP, is the accumulated value of all finished goods and services produced in a country, often measured annually. GDP is significant in determining the economic health, growth and productivity in the country, and is a stat often used when comparing several countries at a time, most likely in order to determine which country has seen the most progress. Until 2020, Global GDP had experienced a growth every year since 2010. However, a strong growth rate does not necessarily lead to all positive outcomes and often has a negative effect on inflation rates. A severe growth in GDP leads to lower unemployment, however lower unemployment often leads to higher inflation rates due to demand increasing at a much higher rate than supply and as a result prices rise accordingly. In terms of unemployment, growth had been fairly stagnant since the economic downturn of 2007-2009, but it remains to be seen what the total impact of the coronavirus pandemic will be on total employment.
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The USA: Percent of world GDP: The latest value from 2023 is 26.3 percent, an increase from 25.73 percent in 2022. In comparison, the world average is 0.53 percent, based on data from 188 countries. Historically, the average for the USA from 1980 to 2023 is 26.89 percent. The minimum value, 21.2 percent, was reached in 2011 while the maximum of 35.32 percent was recorded in 1985.
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GDP (current US$) in World was reported at 111326370011523 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. World - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.
The GDP of the Middle East and Central Asia is forecast to grow faster between 2024 and 2025 than other regions in the world. According to an economic outlook forecast, the GDP in the advanced economies will grow by 1.65 percent in 2030.
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The average for 2023 based on 188 countries was 0.53 percent. The highest value was in the USA: 26.3 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.
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.
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Graph and download economic data for Gross Domestic Product for World (NYGDPMKTPCDWLD) from 1960 to 2024 about , and GDP.
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View yearly updates and historical trends for US GDP as % of World GDP. from United States. Source: World Bank. Track economic data with YCharts analytics.
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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.
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 2030.
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Full Year GDP Growth in World remained unchanged at 2.90 percent in 2024 from 2.90 percent in 2023. This dataset includes a chart with historical data for World Full Year GDP Growth.
Out of the world's seven largest economies, the United Kingdom was the most negatively affected by the coronavirus (COVID-19) pandemic. During the third quarter of 2020, the GDP growth rate of the UK stood at minus *** percent compared to the previous year. Furthermore, the GDPs of India and Japan were contracted by minus *** percent. Only China experienced a positive GDP growth rate of *** percent during that same period. However, in 2021, all the largest economies worldwide started to recover, with growth rates varying from *** percent (Japan) to over **** percent (India).
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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.
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View yearly updates and historical trends for World GDP. Source: World Bank. Track economic data with YCharts analytics.
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View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.
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View yearly updates and historical trends for World Real GDP YoY. Source: World Bank. Track economic data with YCharts analytics.
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Ukraine: Percent of world GDP: The latest value from 2023 is 0.17 percent, an increase from 0.16 percent in 2022. In comparison, the world average is 0.53 percent, based on data from 188 countries. Historically, the average for Ukraine from 1987 to 2023 is 0.21 percent. The minimum value, 0.1 percent, was reached in 1999 while the maximum of 0.42 percent was recorded in 1989.
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The Gross Domestic Product (GDP) in the United States was worth 29184.89 billion US dollars in 2024, according to official data from the World Bank. The GDP value of the United States represents 27.49 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Germany: Percent of world GDP: The latest value from 2023 is 4.29 percent, an increase from 4.12 percent in 2022. In comparison, the world average is 0.53 percent, based on data from 188 countries. Historically, the average for Germany from 1980 to 2023 is 6.27 percent. The minimum value, 4.12 percent, was reached in 2022 while the maximum of 8.83 percent was recorded in 1980.
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The Gross Domestic Product (GDP) in World was worth 111326.37 billion US dollars in 2024, according to official data from the World Bank. This dataset includes a chart with historical data for World GDP.