This statistic shows the growth of the real gross domestic product (GDP) in selected world regions from 2021 to 2024. According to the forecast, the GDP in the developed economies will grow by 2.7 percent in 2024, compared to the previous year.

GDP Growth Annualized in Israel increased to 3.70 percent in the first quarter of 2025 from 2 percent in the fourth quarter of 2024. This dataset provides the latest reported value for - Israel GDP Growth Annualized - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The gross domestic product (GDP) growth rate of all major economies included except China was negative in 2020 following the COVID-19 pandemic. Growth rates were positive again in 2021, but stagnated in some countries in 2023 amid high inflation rates. What does GDP measure? GDP is the sum of all consumption, investment, government spending, and net exports in an economy. As such, different things drive the growth of each of these countries. Germany benefits from a high value of net exports, also known as its trade balance. Drawbacks of GDP growth as a metric GDP measures growth, but it does not capture welfare gains correctly in many cases. For example, carbon dioxide emissions often go hand in hand with a growing GDP. These emissions are from industry, such as coal power plants, or consumption, such as driving cars, but GDP does not measure the damage from these activities. Also, national debt is not incorporated into GDP.

Full Year GDP Growth in Germany decreased by 0.20 percent in 2024 from -0.30 percent in 2023. This dataset includes a chart with historical data for Germany Full Year GDP Growth.

According to the first preliminary announcement in May 2025, the real gross domestic product (GDP) of Japan in the first quarter of 2025 decreased by *** percent (seasonally adjusted) and *** percent (annualized) compared to the previous quarter.GDP refers to the total market value of all goods and services that are produced within a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for the economic well-being of a country.

The Gross Domestic Product (GDP) in Libya contracted 3.20 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - Libya GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about EU Nominal GDP Growth

• European Union Nominal GDP Growth was reported at 4.145 % in Dec 2024.
• This records a decrease from the previous number of 4.350 % for Sep 2024.
• EU Nominal GDP Growth data is updated quarterly, averaging 3.822 % from Mar 1996 to Dec 2024, with 116 observations.
• The data reached an all-time high of 16.294 % in Jun 2021 and a record low of -11.067 % in Jun 2020.
• EU Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. Eurostat provides Nominal GDP in EUR. European Union stands for EU27 excluding UK.

Key information about Ghana Real GDP Growth

• The Gross Domestic Product (GDP) in Ghana expanded 0.9 % YoY in Dec 2024, following a growth of 1.7 % in the previous quarter.
• Real GDP Growth YoY data in Ghana is updated quarterly, available from Jun 2006 to Dec 2024, with an average rate of 1.4 %.
• The data reached an all-time high of 4.9 % in Jun 2006 and a record low of -1.3 % in Jun 2020.

CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. Ghana Statistical Service provides Real GDP in local currency, at chain linked 2013 prices. Real GDP Growth prior to Q1 2007 is calculated from Real GDP based on SNA 1993, at 2006 prices.


Related information about Ghana Real GDP Growth

• In the latest reports, Nominal GDP of Ghana reached 21.2 USD bn in Dec 2024.
• Its GDP deflator (implicit price deflator) increased 25.7 % in Dec 2024.
• GDP Per Capita in Ghana reached 2,353.0 USD in Dec 2022.
• Its Gross Savings Rate was measured at 9.9 % in Dec 2023.
• For Nominal GDP contributions, Investment accounted for 10.8 % in Dec 2023.
• Public Consumption accounted for 5.9 % in Dec 2023.
• Private Consumption accounted for 84.2 % in Dec 2023.

In the first quarter of 2024, the GDP of the United States was three percent higher compared to the first quarter of 2023. The gross domestic product refers to the market value of all final goods and services produced in a country within a given period. The GDP of the United States amounted to 25.46 trillion U.S. dollars in 2022. The annual GDP of the United States can be found here, the growth per quarter can be found here and the chained quarterly GDP growth can be found here.

Key information about Jordan Nominal GDP Growth

• Jordan Nominal GDP Growth was reported at 4.600 % in Sep 2024.
• This records an increase from the previous number of 3.975 % for Jun 2024.
• Jordan Nominal GDP Growth data is updated quarterly, averaging 6.364 % from Mar 1993 to Sep 2024, with 127 observations.
• The data reached an all-time high of 35.849 % in Sep 2008 and a record low of -5.102 % in Jun 2020.
• Jordan Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The Department of Statistics provides Nominal GDP in local currency based on SNA 2008. Nominal GDP Growth prior to Q1 2009 is based on SNA 1993.

The Gross Domestic Product (GDP) in China expanded 1.20 percent in the first quarter of 2025 over the previous quarter. This dataset provides - China GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Full Year GDP Growth in Russia increased to 4.10 percent in 2024 from 3.60 percent in 2023. This dataset includes a chart with historical data for Russia Full Year Gdp Growth.

According to preliminary figures, the growth of real gross domestic product (GDP) in China amounted to 5.0 percent in 2024. For 2025, the IMF expects a GDP growth rate of around 3.95 percent. Real GDP growth The current gross domestic product is an important indicator of the economic strength of a country. It refers to the total market value of all goods and services that are produced within a country per year. When analyzing year-on-year changes, the current GDP is adjusted for inflation, thus making it constant. Real GDP growth is regarded as a key indicator for economic growth as it incorporates constant GDP figures. As of 2024, China was among the leading countries with the largest gross domestic product worldwide, second only to the United States which had a GDP volume of almost 29.2 trillion U.S. dollars. The Chinese GDP has shown remarkable growth over the past years. Upon closer examination of the distribution of GDP across economic sectors, a gradual shift from an economy heavily based on industrial production towards an economy focused on services becomes visible, with the service industry outpacing the manufacturing sector in terms of GDP contribution. Key indicator balance of trade Another important indicator for economic assessment is the balance of trade, which measures the relationship between imports and exports of a nation. As an economy heavily reliant on manufacturing and industrial production, China has reached a trade surplus over the last decade, with a total trade balance of around 992 billion U.S. dollars in 2024.

The latest data from show economic growth of 3.6 pour cent, which is a decrease from the rate of growth of 5.5 pour cent in the previous quarter and
an increase compared to the growth rate of 2 pour cent in the same quarter last year. The economic growth time series for Angola cover the period...

Key information about Mexico Nominal GDP Growth

• Mexico Nominal GDP Growth was reported at 6.870 % in Sep 2024.
• This records an increase from the previous number of 6.215 % for Jun 2024.
• Mexico Nominal GDP Growth data is updated quarterly, averaging 8.219 % from Mar 1994 to Sep 2024, with 123 observations.
• The data reached an all-time high of 40.870 % in Mar 1996 and a record low of -17.126 % in Jun 2020.
• Mexico Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.

CEIC calculates quarterly Nominal GDP Growth from quarterly de-annualized Nominal GDP. The National Institute of Statistics and Geography provides annualized Nominal GDP in local currency.

The Gross Domestic Product (GDP) in South Korea contracted 0.20 percent in the first quarter of 2025 over the previous quarter. This dataset provides - South Korea GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Armenia expanded 5.20 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - Armenia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Nominal Gross Domestic Product for United States (NGDPSAXDCUSQ) from Q1 1950 to Q1 2025 about GDP and USA.

Key information about Montenegro Real GDP Growth

• The Gross Domestic Product (GDP) in Montenegro expanded 2.9 % YoY in Dec 2024, following a growth of 2.6 % in the previous quarter.
• Real GDP Growth YoY data in Montenegro is updated quarterly, available from Mar 2011 to Dec 2024, with an average rate of 3.6 %.
• The data reached an all-time high of 26.6 % in Sep 2021 and a record low of -27.1 % in Sep 2020.

The Statistical Office of Montenegro provides quarterly Real GDP Growth based on ESA 2010.


Related information about Montenegro Real GDP Growth

• In the latest reports, Nominal GDP of Montenegro reached 1.3 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 11.4 % in Mar 2023.
• GDP Per Capita in Montenegro reached 9,464.2 USD in Dec 2021.
• Its Gross Savings Rate was measured at -5.1 % in Dec 2024.
• For Nominal GDP contributions, Investment accounted for 24.6 % in Mar 2023.
• Public Consumption accounted for 21.2 % in Mar 2023.
• Private Consumption accounted for 84.1 % in Dec 2024.

Moldova gdp growth rate for 2023 was 0.78%, a 5.8% increase from 2022.

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

<li>Moldova gdp growth rate for 2022 was <strong>-5.02%</strong>, a <strong>18.95% decline</strong> from 2021.</li>
<li>Moldova gdp growth rate for 2021 was <strong>13.93%</strong>, a <strong>22.21% increase</strong> from 2020.</li>
<li>Moldova gdp growth rate for 2020 was <strong>-8.28%</strong>, a <strong>11.83% decline</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP 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.