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This dataset provides values for GDP PER reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
In 1938, the year before the Second World War, the United States had, by far, the largest economy in the world in terms of gross domestic product (GDP). The five Allied Great Powers that emerged victorious from the war, along with the three Axis Tripartite Pact countries that were ultimately defeated made up the eight largest independent economies in 1938.
When values are converted into 1990 international dollars, the U.S. GDP was over 800 billion dollars in 1938, which was more than double that of the second largest economy, the Soviet Union. Even the combined economies of the UK, its dominions, and colonies had a value of just over 680 billion 1990 dollars, showing that the United States had established itself as the world's leading economy during the interwar period (despite the Great Depression).
Interestingly, the British and Dutch colonies had larger combined GDPs than their respective metropoles, which was a key motivator for the Japanese invasion of these territories in East Asia during the war. Trade with neutral and non-belligerent countries also contributed greatly to the economic development of Allied and Axis powers throughout the war; for example, natural resources from Latin America were essential to the American war effort, while German manufacturing was often dependent on Swedish iron supplies.
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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 the build up to the Second World War, the United States was the major power with the highest gross domestic product (GDP) per capita in the world. In 1938, the United States also had the highest overall GDP in the world, and by a significant margin, however differences in GDP per person were much smaller. Switzerland In terms of countries that played a notable economic role in the war, the neutral country of Switzerland had the highest GDP per capita in the world. A large part of this was due to the strength of Switzerland's financial system. Most major currencies abandoned the gold standard early in the Great Depression, however the Swiss Franc remained tied to it until late 1936. This meant that it was the most stable, freely convertible currency available as the world recovered from the Depression, and other major powers of the time sold large amounts of gold to Swiss banks in order to trade internationally. Switzerland was eventually surrounded on all sides by Axis territories and lived under the constant threat of invasion in the war's early years, however Swiss strategic military planning and economic leverage made an invasion potentially more expensive than it was worth. Switzerland maintained its neutrality throughout the war, trading with both sides, although its financial involvement in the Holocaust remains a point of controversy. Why look at GDP per capita? While overall GDP is a stronger indicator of a state's ability to fund its war effort, GDP per capita is more useful in giving context to a country's economic power in relation to its size and providing an insight into living standards and wealth distribution across societies. For example, Germany and the USSR had fairly similar GDPs in 1938, whereas Germany's per capita GDP was more than double that of the Soviet Union. Germany was much more industrialized and technologically advanced than the USSR, and its citizens generally had a greater quality of life. However these factors did not guarantee victory - the fact that the Soviet Union could better withstand the war of attrition and call upon its larger population to replenish its forces greatly contributed to its eventual victory over Germany in 1945.
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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.
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Country, regional and world GDP in current US Dollars ($). Regional means collections of countries e.g. Europe & Central Asia. Data is sourced from the World Bank and turned into a standard normalized CSV.
In 1820, Western Europe was the region with the highest GDP per capita, however the non-European developed countries of the United States, Canada, Australia, and New Zealand saw their average GDP per capita grow much higher by the outbreak of the First World War. These developed nations and Europe were the only regions where GDP per capita was higher than the global average, while all other regions were below (although Latin America did have an above average GDP in 1820).
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This dataset provides values for GDP ANNUAL 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 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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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.
Between the Wall Street Crash of 1929 and the end of the Great Depression in the late 1930s, the Soviet Union saw the largest growth in its gross domestic product, growing by more than 70 percent between 1929 and 1937/8. The Great Depression began in 1929 in the United States, following the stock market crash in late October. The inter-connectedness of the global economy, particularly between North America and Europe, then came to the fore as the collapse of the U.S. economy exposed the instabilities of other industrialized countries. In contrast, the economic isolation of the Soviet Union and its detachment from the capitalist system meant that it was relatively shielded from these events. 1929-1932 The Soviet Union was one of just three countries listed that experienced GDP growth during the first three years of the Great Depression, with Bulgaria and Denmark being the other two. Bulgaria experienced the largest GDP growth over these three years, increasing by 27 percent, although it was also the only country to experience a decline in growth over the second period. The majority of other European countries saw their GDP growth fall in the depression's early years. However, none experienced the same level of decline as the United States, which dropped by 28 percent. 1932-1938 In the remaining years before the Second World War, all of the listed countries saw their GDP grow significantly, particularly Germany, the Soviet Union, and the United States. Coincidentally, these were the three most powerful nations during the Second World War. This recovery was primarily driven by industrialization, and, again, the U.S., USSR, and Germany all experienced the highest level of industrial growth between 1932 and 1938.
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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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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.
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.
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Historical chart and dataset showing Turkey GDP by year from 1960 to 2023.
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This dataset provides values for GDP PER CAPITA PPP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
The United States has, by far, the largest gross domestic product (GDP) of the G7 countries. Moreover, while the GDP of the other six countries fluctuated between 2000 and 2024, the U.S.' grew almost constantly, reaching an estimated 29.2 trillion U.S. dollars in 2024. The United States is also the world's largest economy ahead of China. Germany had the second largest economy of the G7 countries at around 4.7 trillion U.S. dollars.
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This dataset provides values for GDP ANNUAL GROWTH 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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Version history:This data are a new version of Geiger et al (2017, http:doi.org/10.5880/PIK.2017.003). Please use this updated version of this dataset which contains the following correction of errors in the original dataset: The linear interpolation in GDP per capita for Aruba (ABW) between observations in 2005 and SSP2 projections in 2010 was replaced by observed GDP per capita values for the years 2006-2009, as the SSP2 projection for Aruba turned out to be incorrect. As a result of this, the national GDP per capita and GDP timeseries for Aruba between 2006 and 2009 is different from the previous version. We here provide three different economic time series that amend or combine various existing time series for Gross Domestic Product (GDP), GDP per capita, and population to create consistent and continuous economic time series between 1850 and 2009 for up to 195 countries. All data, including the data description are included in a zip folder (2018-010_GDP_1850-2009_Data_v2.zip): (1) A continuous table of global income data (in 1990 Geary-Khamis $) based on the Maddison Project data base (MPD) for 160 individual countries and 3 groups of countries from 1850-2010: Maddison_Project_data_completed_1850-2010.csv. (2) A continuous table of global income data (in 2005 PPP $, PPP = purchasing power parity) for 195 countries based on a merged and harmonized dataset between MPD and Penn World Tables (PWT, version v8.1) from 1850-2009, and additionally extended using PWT v9.0 and World Development Indicators (WDI), that is consistent with future GDP per capita projections from the Shared Socioeconomic Pathways (SSPs): GDP-per-capita-national_PPP2005_SSP-harmonized_1850-2009_v2.csv. (3) A continuous table of global GDP data (in 2005 PPP $) for 195 countries from 1850-2009 based on the second income data set multiplied by country population data, again consistent with future SSP GDP projections: GDP-national_PPP2005_SSP-harmonized_1850-2009_v2.csv. These data are supplemented by a masking table indicating MPD original data and amended data based on current country definitions (Maddison_data_availability_masked_1850-2010.csv) and a file with PPP conversion factors used in this study (PPP_conversion_factors_PPP1990-PPP2005.csv). We use various interpolation and extrapolation methods to handle missing data and discuss the advantages and limitations of our methodology. Despite known shortcomings this data set aims to provide valuable input, e.g., for climate impact research in order to consistently analyze economic impacts from pre-industrial times to the distant future. More information about data sources and data format description is given in the data description file (2018-010_Data-Description-GDP_1850-2009_v2.pdf).
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Historical chart and dataset showing Turkey GDP per capita by year from 1960 to 2023.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This dataset provides values for GDP PER reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.