France's economic dynamics have been calculated since 1832. It was in the first half of the 20th century that France experienced its strongest historical recessions. The impact of the two World Wars was terrible for the French economy. In 1918 and 1941, the economy fell by more than 20 percent compared to the previous year. The coronavirus (Covid-19) crisis caused fears of a 6.8 percent drop in the French economy according to Deutsche Bank experts.

Graph and download economic data for Total Gross Domestic Product for Idaho Falls, ID (MSA) (NGMP26820) from 2001 to 2023 about Idaho Falls, ID, industry, GDP, and USA.

This statistic shows the 20 countries with the highest decrease of the gross domestic product (GDP) in 2024. In 2024, South Sudan ranked 1st among the countries with the highest GDP decrease with a decrease of approximately 27.61 percent compared to the previous year.

Graph and download economic data for Real Gross Domestic Product: All Industries in Falls County, TX (REALGDPALL48145) from 2001 to 2023 about Falls County, TX; TX; real; industry; GDP; and USA.

In 2020, global gross domestic product declined by 6.7 percent as a result of the coronavirus (COVID-19) pandemic outbreak. In Latin America, overall GDP loss amounted to 8.5 percent.

World GDP for 2023 was 100.000 trillion US dollars, a 0% increase from 2022.

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

<li>World GDP for 2022 was <strong>100.000 trillion US dollars</strong>, a <strong>2.2% increase</strong> from 2021.</li>
<li>World GDP for 2021 was <strong>97.848 trillion US dollars</strong>, a <strong>14.09% increase</strong> from 2020.</li>
<li>World GDP for 2020 was <strong>85.763 trillion US dollars</strong>, a <strong>2.71% decline</strong> from 2019.</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.

Graph and download economic data for Real Gross Domestic Product: Government and Government Enterprises in Fairfax, Fairfax City + Falls Church County, VA (REALGDPGOVT51919) from 2001 to 2023 about Fairfax City + Falls Church, enterprises, VA, government, real, GDP, and USA.

This statistic shows the gross domestic product (GDP) in the Netherlands from 1987 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. In 2024, the GDP in the Netherlands was around 1,227.17 billion U.S. dollars. Economy of the Netherlands As of 2014, the Netherlands have maintained a relatively stable gross domestic product (GDP), after experiencing a drop off in 2009. GDP per capita also followed a similar trend, reaching a decade high in 2008, before dwindling due to the global economic crisis. GDP per capita is useful when comparing economical situations of different countries and often illustrates each country’s productivity as well as the standard of living. In 2014, the Netherlands sufficient economic performance earned them a spot as one of the top 20 countries with the highest GDP per capita. From an employment standpoint, the Netherlands maintained a low unemployment rate, with its percentage hovering roughly around 5 percent or lower. In 2008, the Netherlands had its lowest unemployment rate over a 10 year span from 2004 to 2014; however like with many other countries around the world, the financial crisis had a negative affect on work opportunities around the country, causing considerable unemployment spikes in the following years.

In 2023, the G7 countries of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States held 30 percent of the global gross domestic product (GDP). In 2029, that figure is projected to drop to 27 percent. Considering the other G20 countries, excluding the G7 countries, the GDP is expected to account for around 46 percent of the global GDP in 2029.

The gross domestic product (GDP) of Finland was 273 billion euros in 2023, an increase of around 7.2 billion euros compared with the previous year. Finland's GDP showed an upward trend from the early 2000’s until 2009, when the economy was strongly hit by the global financial crisis. Thereafter, the Finnish economy stagnated, and the GDP slowly resumed its growth. However, after a three-year recession between 2012 and 2014, the GDP growth rates remained relatively weak. Slow recovery after the financial crisis As a small open economy, Finland was severely affected by the 2008-2009 global financial crisis. While all euro-countries fell into recession in the early stages of the crisis, the recovery of the Finnish economy has been tardy, remaining below the EU average. Finland’s GDP drop in 2009 was the worst since the ‘great depression’ of the early 1990’s, from which the Finnish economy recovered relatively fast because of the strong Nokia-led ICT industry. By 2009, the backbones of Finnish economy, forest and ICT industry, had started to encounter difficulties in foreign trade. This declining value of foreign trade coupled with weaker international business conditions resulted in economic stagnation. Challenging outlook According to economic forecasts, the Finnish economy is expected to experience a slow growth rate of the GDP in the upcoming years. In recent years, the economic growth has been stronger, although Finland is still catching up to other similar EU countries in productivity, household income, and employment rate. Traditionally, the country’s strengths have been high-level education and skilled workforce, openness to investments, as well as stable institutions. However, the population is ageing and the public debt has risen almost 30 percent between 2008 and 2019. The future outlook is further challenged by the economic crisis caused by the coronavirus (COVID-19) pandemic.

As of the third quarter of 2024, the GDP of the U.S. grew by 2.8 percent from the second quarter of 2024. GDP, or gross domestic product, is effectively a count of the total goods and services produced in a country over a certain period of time. It is calculated by first adding together a country’s total consumer spending, government spending, investments and exports; and then deducting the country’s imports. The values in this statistic are the change in ‘constant price’ or ‘real’ GDP, which means this basic calculation is also adjusted to factor in the regular price changes measured by the U.S. inflation rate. Because of this adjustment, U.S. real annual GDP will differ from the U.S. 'nominal' annual GDP for all years except the baseline from which inflation is calculated. What is annualized GDP? The important thing to note about the growth rates in this statistic is that the values are annualized, meaning the U.S. economy has not actually contracted or grown by the percentage shown. For example, the fall of 29.9 percent in the second quarter of 2020 did not mean GDP is suddenly one third less than a year before. In fact, it means that if the decline seen during that quarter continued at the same rate for a full year, then GDP would decline by this amount. Annualized values can therefore exaggerate the effect of short-term economic shocks, as they only look at economic output during a limited period. This effect can be seen by comparing annualized quarterly growth rates with the annual GDP growth rates for each calendar year.

The Gross Domestic Product (GDP) in the United States contracted 0.50 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

The gross domestic product of the United Kingdom was around 2.56 trillion British pounds, an increase when compared to the previous year, when UK GDP amounted to about 2.54 trillion pounds. The significant drop in GDP visible in 2020 was due to the COVID-19 pandemic, with the smaller declines in 2008 and 2009 because of the global financial crisis of the late 2000s. Low growth problem in the UK Despite growing by 0.9 percent in 2024, and 0.4 percent in 2023 the UK economy is not that much larger than it was before the COVID-19 pandemic. Since recovering from a huge fall in GDP in the second quarter of 2020, the UK economy has alternated between periods of contraction and low growth, with the UK even in a recession at the end of 2023. While economic growth picked up somewhat in 2024, GDP per capita is lower than it was in 2022, following two years of negative growth. UK's global share of GDP falling As of 2024, the UK had the sixth-largest economy in the world, behind the United States, China, Japan, Germany, and India. Among European nations, this meant that the UK currently has the second-largest economy in Europe, although the economy of France, Europe's third-largest economy, is of a similar size. The UK's global economic ranking will likely fall in the coming years, however, with the UK's share of global GDP expected to fall from 2.16 percent in 2025 to 2.02 percent by 2029.  

Graph and download economic data for Total Gross Domestic Product for Sioux Falls, SD (MSA) (NGMP43620) from 2001 to 2023 about Sioux Falls, SD, industry, GDP, and USA.

In 2019, Venezuela’s estimated gross domestic product (GDP) per capita dropped to 2,624.41 U.S. dollars from 3,529.72 U.S. dollars the year before. the country's GDP has been on a continuous downswing for about a decade now - in 2010, it amounted to more than 11,000 U.S. dollars, and seemed to recover from a sudden slump again in 2016, before decreasing rapidly ever since. GDP per capita is a measurement of a country’s economic output that accounts for its number of people, thus making it a good measurement of a country’s standard of living.

A time of economic hardships

Currently, a major economic crisis is shaking Venezuela, resulting in hyperinflation, food and water shortages, and unemployment. Venezuela’s inflation rate has skyrocketed to over 900,000 percent in 2018, and the economy is suffering, with the Venezuelan GDP growth decreasing substantially each year since 2014.

A population affected by instability

In response to the economic and political climate, many are leaving the country for places such as Colombia, Peru, and Ecuador, with hopes for more stability and better economic prospects. Due in part to this, Venezuela’s population growth has decreased consistently over the last five years: In 2019, the country’s population was around 28 million inhabitants - a figure that is estimated to decrease further in the future.

The statistic shows the gross domestic product (GDP) of the United States from 1987 to 2024, with projections up until 2030. The gross domestic product of the United States in 2024 amounted to around 29.18 trillion U.S. dollars. The United States and the economy The United States’ economy is by far the largest in the world; a status which can be determined by several key factors, one being gross domestic product: A look at the GDP of the main industrialized and emerging countries shows a significant difference between US GDP and the GDP of China, the runner-up in the ranking, as well as the followers Japan, Germany and France. Interestingly, it is assumed that China will have surpassed the States in terms of GDP by 2030, but for now, the United States is among the leading countries in almost all other relevant rankings and statistics, trade and employment for example. See the U.S. GDP growth rate here. Just like in other countries, the American economy suffered a severe setback when the economic crisis occurred in 2008. The American economy entered a recession caused by the collapsing real estate market and increasing unemployment. Despite this, the standard of living is considered quite high; life expectancy in the United States has been continually increasing slightly over the past decade, the unemployment rate in the United States has been steadily recovering and decreasing since the crisis, and the Big Mac Index, which represents the global prices for a Big Mac, a popular indicator for the purchasing power of an economy, shows that the United States’ purchasing power in particular is only slightly lower than that of the euro area.

Key information about Cambodia GDP Deflator Growth

• Cambodia GDP deflator (implicit price deflator) increased 1.3 % in Dec 2021, compared with a drop of 0.7 % in the previous year.
• Cambodia GDP Deflator Growth data is updated yearly, available from Dec 1994 to Dec 2021, with an average rate of 3.2 %.
• The data reached an all-time high of 12.3 % in Dec 2008 and a record low of -4.9 % in Dec 2000.

• In the latest reports, Cambodia GDP expanded 3.0 % YoY in Dec 2021.
• Its Nominal GDP reached 27.0 USD bn in Dec 2021.
• Cambodia GDP Per Capita reached 1,647.6 USD in Dec 2021.
• Its Gross Savings Rate was measured at 27.2 % in Dec 2021.

Total Gross Domestic Product for Idaho Falls, ID (MSA) was 11962.93600 Mil. of $ in January of 2023, according to the United States Federal Reserve. Historically, Total Gross Domestic Product for Idaho Falls, ID (MSA) reached a record high of 11962.93600 in January of 2023 and a record low of 3207.86000 in January of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Gross Domestic Product for Idaho Falls, ID (MSA) - last updated from the United States Federal Reserve on June of 2025.

In the third quarter of 2024, nominal GDP in Israel reached over *** billion Israeli shekels, some ***** billion U.S. dollars. This accounts for a *** percent increase from the previous quarter. After a **** percent drop following the start of the Israel-Hamas war in the fourth quarter of 2023, GDP in the country recovered in the subsequent quarters.