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<li>World GDP for 2022 was <strong>100.000 trillion US dollars</strong>, a <strong>2.54% increase</strong> from 2021.</li>
<li>World GDP for 2021 was <strong>97.527 trillion US dollars</strong>, a <strong>13.96% increase</strong> from 2020.</li>
<li>World GDP for 2020 was <strong>85.578 trillion US dollars</strong>, a <strong>2.69% 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.
At the turn of the twentieth century, GDP per capita in Europe was approximately 59 percent higher than the global GDP per capita. This figure dropped over the first half of the century, to 152 percent in 1950. The period between the beginning of the First World War and the end of the Second World War (1914-1945) marked the period in European history with the lowest economic growth in modern history; this was followed by the period with the fastest economic growth from 1946-1973.
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<li>World gdp growth rate for 2022 was <strong>3.09%</strong>, a <strong>3.17% decline</strong> from 2021.</li>
<li>World gdp growth rate for 2021 was <strong>6.26%</strong>, a <strong>9.19% increase</strong> from 2020.</li>
<li>World gdp growth rate for 2020 was <strong>-2.93%</strong>, a <strong>5.57% 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.
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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.
Throughout the Second World War, the United States consistently had the largest gross domestic product (GDP) in the world. Additionally, U.S. GDP grew significantly throughout the war, whereas the economies of Europe and Japan saw relatively little growth, and were often in decline. The impact of key events in the war is also reflected in the trends shown here - the economic declines of France and the Soviet Union coincide with the years of German invasion, while the economies of the three Axis countries experienced their largest declines in the final year of the war.
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<li>U.S. gdp growth rate for 2022 was <strong>1.94%</strong>, a <strong>3.86% decline</strong> from 2021.</li>
<li>U.S. gdp growth rate for 2021 was <strong>5.80%</strong>, a <strong>8.01% increase</strong> from 2020.</li>
<li>U.S. gdp growth rate for 2020 was <strong>-2.21%</strong>, a <strong>4.68% 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.
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This dataset contains country level economic and social measures for 183 countries. Part 1, World Tables (1980 File), contains, where available, measures of (1)population, (2)national accounts and price data for 1950, 1955, 1960 through 1977, (3)data on external trade for 1962, 1965, 1970, and 1977, (4)data on balance of payments, debt, central government finance and trade indices for 1970-1977, and (5)social data for 1960, 1970, and (estimated) 1977. More specifically, the groupings include population, GDP by industrial origin and expenditures in constant local prices and current local prices, exchange rates and indices, balance of payments and external debt ($US), central government finance in local currency, social indicators, and external trade. Part 2, World Tables (1982 File), contains data on national accounts, prices, exchange rates and population for 1960-1981. The groupings include GDP by industrial origin as well as expenditure in current local prices and constant local prices, area, population, exchange rates, and indices and savings.
During the post-war economic boom, between the Second World War and the 1970s' recession, virtually all areas of Europe experienced significant economic growth. While this period is known as the "Golden Age of Capitalism" in Western Europe, communist countries in Eastern Europe (with socialist economic systems) generally experienced higher GDP growth rates in the 1950s and 1960s. Although most of these economies entered the period at a much less-developed stage than the likes of Britain, France, or West Germany, the Soviet model proved to be an economic success in these decades. Controlling the means of production The transition to communism across Eastern Europe saw the nationalization of most industries, as governments took control of the means of production in their respective countries. As much of Eastern Europe entered the period with relatively-low levels of industrialization compared to the west, this meant that governments could dictate the development of their manufacturing and retail industries. By the end of the 1960s, state-owned endeavors in Eastern Europe were responsible for over 95 percent of national income. Problems did arise, however, when states attempted to take control of the agricultural sector, as many of the families who owned the land were unwilling to part with it. Agriculture proved to be the only major industry not mostly owned by the state during Eastern Europe's communist era; in the long term, agriculture suffered due to the lack of government investment in such state-run economic systems. Variations There is a correlation between the sides taken during the Second World War and the speed of economic growth in each decade; the Allied nations of Czechoslovakia, Poland, the Soviet Union and Yugoslavia all experienced faster economic growth in the 1950s; whereas the Axis nations of Bulgaria, Hungary, and Romania saw faster growth in the 1960s. East Germany was the exception to this rule, as its economy was much more developed than other former-Axis powers. The speed of recovery in these countries was the largest contributor to variations in growth rates, although regional variations in governance did influence development in later years (particularly in Yugoslavia).
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Graph and download economic data for Real GDP at Constant National Prices for Costa Rica (RGDPNACRA666NRUG) from 1950 to 2019 about Costa Rica, real, GDP, and price.
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GDP: Zhejiang: Primary Industry data was reported at 258.600 RMB bn in 2024. This records an increase from the previous number of 233.200 RMB bn for 2023. GDP: Zhejiang: Primary Industry data is updated yearly, averaging 15.941 RMB bn from Dec 1950 (Median) to 2024, with 75 observations. The data reached an all-time high of 258.600 RMB bn in 2024 and a record low of 1.180 RMB bn in 1950. GDP: Zhejiang: Primary Industry data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product: Zhejiang.
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<li>China gdp growth rate for 2022 was <strong>2.99%</strong>, a <strong>5.46% decline</strong> from 2021.</li>
<li>China gdp growth rate for 2021 was <strong>8.45%</strong>, a <strong>6.21% increase</strong> from 2020.</li>
<li>China gdp growth rate for 2020 was <strong>2.24%</strong>, a <strong>3.71% 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.
During the "Golden Age of Capitalism", from 1950 to 1973, GDP grew by annual averages of just under five percent in Western Europe*, four percent in the U.S., and ten percent in Japan. This period of prosperity came to an end with the recession of 1973-1975, however GDP growth rates did not return to their previous levels when the recession ended, as growth was fairly sporadic in the 1970s and then much slower throughout the 1980s. From 1973 to 1987, GDP grew annually at just two fifth of the Golden Age's rate in Europe and Japan, while the U.S.' annual rates were somewhat closer.
One major difference between the two given periods was that the U.S. was the dominant and most influential economy of all developed (non-communist) countries in the 1950s and 1960s, however, the 1970s and 1980s saw Japan and the European Communities (led by West Germany and France) emerge as major economic powers in their own right. While the U.S. remained the most powerful country in the world, other developed nations became more economically autonomous, and began asserting their own influence internationally.
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GDP: Primary Industry: Fujian: Fuzhou data was reported at 72.323 RMB bn in 2024. This records an increase from the previous number of 72.159 RMB bn for 2023. GDP: Primary Industry: Fujian: Fuzhou data is updated yearly, averaging 13.560 RMB bn from Dec 1950 (Median) to 2024, with 46 observations. The data reached an all-time high of 72.323 RMB bn in 2024 and a record low of 0.079 RMB bn in 1950. GDP: Primary Industry: Fujian: Fuzhou data remains active status in CEIC and is reported by Fuzhou Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City: Primary Industry.
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Graph and download economic data for Real GDP at Constant National Prices for New Zealand (RGDPNANZA666NRUG) from 1950 to 2019 about New Zealand, real, GDP, and price.
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GDP: Zhejiang: Secondary Industry data was reported at 3,478.300 RMB bn in 2024. This records an increase from the previous number of 3,395.270 RMB bn for 2023. GDP: Zhejiang: Secondary Industry data is updated yearly, averaging 28.147 RMB bn from Dec 1950 (Median) to 2024, with 75 observations. The data reached an all-time high of 3,478.300 RMB bn in 2024 and a record low of 0.170 RMB bn in 1950. GDP: Zhejiang: Secondary Industry data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product: Zhejiang.
The dataset reports annual estimates for primary energy per capita and GDP per capita for 185 countries for 1950 through 2014. The data allows investigating long-term joint evolution of economic activity and energy demand, which is important for both understanding the past energy needs of economic development, and forming useful baselines for scenario development, especially for integrated assessment modeling around climate change mitigation. Other commonly used datasets only go back to 1971 (International Energy Agency) for worldwide coverage and so extending the data back to 1950 allows analyzing a longer time period than before. The dataset also includes more individual country time series than IEA data thanks to data from the UN.
The Covid-19 pandemic saw growth fall by 2.2 percent, compared with an increase of 2.5 percent the year before. The last time the real GDP growth rates fell by a similar level was during the Great Recession in 2009, and the only other time since the Second World War where real GDP fell by more than one percent was in the early 1980s recession. The given records began following the Wall Street Crash in 1929, and GDP growth fluctuated greatly between the Great Depression and the 1950s, before growth became more consistent.
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GDP: Guangxi: Primary Industry data was reported at 475.154 RMB bn in 2024. This records an increase from the previous number of 446.820 RMB bn for 2023. GDP: Guangxi: Primary Industry data is updated yearly, averaging 9.994 RMB bn from Dec 1950 (Median) to 2024, with 75 observations. The data reached an all-time high of 475.154 RMB bn in 2024 and a record low of 0.680 RMB bn in 1950. GDP: Guangxi: Primary Industry data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product: Guangxi.
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Graph and download economic data for Real GDP at Constant National Prices for Austria (RGDPNAATA666NRUG) from 1950 to 2019 about Austria, real, GDP, and price.
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<li>Thailand GDP for 2022 was <strong>495.65 billion US dollars</strong>, a <strong>2.1% decline</strong> from 2021.</li>
<li>Thailand GDP for 2021 was <strong>506.26 billion US dollars</strong>, a <strong>1.16% increase</strong> from 2020.</li>
<li>Thailand GDP for 2020 was <strong>500.46 billion US dollars</strong>, a <strong>8% 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.
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<ul style='margin-top:20px;'>
<li>World GDP for 2022 was <strong>100.000 trillion US dollars</strong>, a <strong>2.54% increase</strong> from 2021.</li>
<li>World GDP for 2021 was <strong>97.527 trillion US dollars</strong>, a <strong>13.96% increase</strong> from 2020.</li>
<li>World GDP for 2020 was <strong>85.578 trillion US dollars</strong>, a <strong>2.69% 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.