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.

The average for 2023 based on 7 countries was 6.42 percent. The highest value was in the USA: 26.3 percent and the lowest value was in Canada: 2.06 percent. The indicator is available from 1980 to 2023. Below is a chart for all countries where data are available.

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

The average for 2024 based on 7 countries was 57316 U.S. dollars. The highest value was in the USA: 75492 U.S. dollars and the lowest value was in Japan: 46097 U.S. dollars. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.

The gross domestic product (GDP) of all G7 countries decreased sharply in 2009 and 2020 due to the financial crisis and COVID-19 pandemic, respectively. The growth decline was heavier after the COVID-19 pandemic than the financial crisis. Moreover, Italy had a negative GDP growth rate in 2012 and 2013 following the euro crisis. In 2023, Germany experienced an economic recession.

The average for 2023 based on 6 countries was 57.63 percent. The highest value was in the USA: 67.9 percent and the lowest value was in Germany: 49.93 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for G7 (G7NAEXKP04GPSAQ) from Q2 1962 to Q2 2025 about G7, fixed capital formation, fixed, expenditures, gross, real, and GDP.

Graph and download economic data for National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for G7 (G7NAGIGP01IXOBSAQ) from Q1 1962 to Q1 2018 about G7 and GDP.

The average for 2023 based on 7 countries was 22.45 percent. The highest value was in Japan: 29.98 percent and the lowest value was in the United Kingdom: 15.06 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

The average for 2023 based on 6 countries was 1.16 percent. The highest value was in Italy: 1.87 percent and the lowest value was in the United Kingdom: 0.58 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

The average for 2024 based on 6 countries was 0.16 percent. The highest value was in Germany: 3.86 percent and the lowest value was in the USA: -3.09 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

Graph and download economic data for Composite Leading Indicators: Reference Series (GDP) Trend for G7 (G7LORSGPTDSTSAM) from Feb 1960 to Aug 2023 about G7, leading indicator, and GDP.

The average for 2023 based on 6 countries was 19.5 percent. The highest value was in France: 23.12 percent and the lowest value was in the USA: 13.43 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

United States - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Normalised for G7 was 100.19170 Index in August of 2023, according to the United States Federal Reserve. Historically, United States - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Normalised for G7 reached a record high of 102.72469 in May of 1973 and a record low of 89.65122 in May of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Normalised for G7 - last updated from the United States Federal Reserve on October of 2025.

United States - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Ratio to trend for G7 was 100.24568 Index in November of 2023, according to the United States Federal Reserve. Historically, United States - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Ratio to trend for G7 reached a record high of 103.05438 in May of 1973 and a record low of 88.30483 in May of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Ratio to trend for G7 - last updated from the United States Federal Reserve on September of 2025.

Graph and download economic data for Composite Leading Indicators: Reference Series (GDP) Normalized for G7 (G7LORSGPNOSTSAM) from Feb 1960 to Aug 2023 about G7, leading indicator, and GDP.

United States - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for G7 was 113.43620 Index in August of 2023, according to the United States Federal Reserve. Historically, United States - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for G7 reached a record high of 114.07655 in March of 2018 and a record low of 21.42927 in February of 1960. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for G7 - last updated from the United States Federal Reserve on October of 2025.

United States - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Original series for G7 was 1.93316 Growth rate same period previous Yr. in January of 2024, according to the United States Federal Reserve. Historically, United States - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Original series for G7 reached a record high of 12.98932 in May of 2021 and a record low of -10.96393 in May of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Original series for G7 - last updated from the United States Federal Reserve on October of 2025.

Group of Seven (G7) - Gross Domestic Product Deflator for the Group of Seven (DISCONTINUED) was 1.12400 Index 2010=1.00 in April of 2017, according to the United States Federal Reserve. Historically, Group of Seven (G7) - Gross Domestic Product Deflator for the Group of Seven (DISCONTINUED) reached a record high of 1.12400 in April of 2017 and a record low of 0.16600 in April of 1961. Trading Economics provides the current actual value, an historical data chart and related indicators for Group of Seven (G7) - Gross Domestic Product Deflator for the Group of Seven (DISCONTINUED) - last updated from the United States Federal Reserve on September of 2025.

The COVID-19 outbreak has severely impacted the global economy. Due to the pandemic, the real GDP of Germany, France, and Italy is forecasted to decrease by ** percent in the second quarter of 2020.