The average for 2023 based on 62 countries was 56418 U.S. dollars. The highest value was in Luxembourg: 130491 U.S. dollars and the lowest value was in Palau: 15797 U.S. dollars. The indicator is available from 1990 to 2023. Below is a chart for all countries where data are available.

In 2025, the United States had the largest economy in the world, with a gross domestic product of over 30 trillion U.S. dollars. China had the second largest economy, at around 19.23 trillion U.S. dollars. Recent adjustments in the list have seen Germany's economy overtake Japan's to become the third-largest in the world in 2023, while Brazil's economy moved ahead of Russia's in 2024. Global gross domestic product Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one-quarter of this figure alone. The 12 largest economies in the world include all Group of Seven (G7) economies, as well as the four largest BRICS economies. The U.S. has consistently had the world's largest economy since the interwar period, and while previous reports estimated it would be overtaken by China in the 2020s, more recent projections estimate the U.S. economy will remain the largest by a considerable margin going into the 2030s.The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Those countries considered to have emerging or developing economies account for almost 60 percent of global gross domestic product, while advanced economies make up over 40 percent.

The average for 2023 based on 63 countries was 0.99 percent. The highest value was in the USA: 26.47 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.

Graph and download economic data for Gross Domestic Product for World (NYGDPMKTPCDWLD) from 1960 to 2024 about , and GDP.

This is the dataset for 2021 world biased/unbiased per capita GDP including ranking. The original data (country, code, population, GDP) was downloaded from the World Bank with date 12/22/2022.

The average for 2023 based on 54 countries was 66.27 percent. The highest value was in Luxembourg: 212.53 percent and the lowest value was in the USA: 11.01 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

The average for 2021 based on 140 countries was 71.17 percent. The highest value was in Hong Kong: 268.82 percent and the lowest value was in Sudan: 7.87 percent. The indicator is available from 1960 to 2021. Below is a chart for all countries where data are available.

In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

The Gross Domestic Product (GDP) in Iran was worth 436.91 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Iran represents 0.41 percent of the world economy. This dataset provides - Iran GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

By the year 2030, it is projected that China will eclipse the United States and have the largest gross domestic product (GDP) in the world, at 31.7 trillion U.S. dollars. The United States is projected to have the second largest GDP, at 22.9 trillion U.S. dollars.

What is gross domestic product?

Gross domestic product, or GDP, is an economic measure of a country’s production in time. It includes all goods and services produced by a country and is used by economists to determine the health of a country’s economy. However, since GDP just shows the size of an economy and is not adjusted for the country’s size, this can make direct country comparisons complicated.

The growth of the global economy

Currently, the United States has the largest GDP in the world, at 20.5 trillion U.S. dollars. China has the second largest GDP, at 13.4 trillion U.S. dollars. In the coming years, production will become faster and more global, which will help to grow the global economy.

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.

This map is adapted from the outstanding work of Dr. Joseph Kerski at ESRI. A map of political, social, and economic indicators for 2010. Created at the Data Analysis and Social Inquiry Lab at Grinnell College by Megan Schlabaugh, April Chen, and Adam Lauretig.Data from Freedom House, the Center for Systemic Peace, and the World Bank.Shapefile:Weidmann, Nils B., Doreen Kuse, and Kristian Skrede Gleditsch. 2010. The Geography of the International System: The CShapes Dataset. International Interactions 36 (1).Field Descriptions:

Variable Name Variable Description Years Available Further Description Source

TotPop Total Population 2011 Population of the country/region World Bank

GDPpcap GDP per capita (current USD) 2011 A measure of the total output of a country that takes the gross domestic product (GDP) and divides it by the number of people in the country. The per capita GDP is especially useful when comparing one country to another because it shows the relative performance of the countries. World Bank

GDPpcapPPP GDP per capita based on purchasing power parity (PPP) 2011

World Bank

HDI Human Development Index (HDI) 2011 A tool developed by the United Nations to measure and rank countries' levels of social and economic development based on four criteria: Life expectancy at birth, mean years of schooling, expected years of schooling and gross national income per capita. The HDI makes it possible to track changes in development levels over time and to compare development levels in different countries. World Bank

LifeExpct Life expectancy at birth 2011 The probable number of years a person will live after a given age, as determined by mortality in a specific geographic area. World Bank

MyrSchool Mean years of schooling 2011 Years that a 25-year-old person or older has spent in schools World Bank

ExpctSch Expected years of schooling 2011 Number of years of schooling that a child of school entrance age can expect to receive if prevailing patterns of age-specific enrolment rates persist throughout the child’s life. World Bank

GNIpcap Gross National Income (GNI) per capita 2011 Gross national income (GNI) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI per capita is gross national income divided by mid-year population. World Bank

GNIpcapHDI GNI per capita rank minus HDI rank 2011

World Bank

NaIncHDI Nonincome HDI
2011

World Bank

15+LitRate Adult (15+) literacy rate (%). Total 2010

UNESCO

EmplyAgr Employment in Agriculture 2009

World Bank

GDPenergy GDP per unit of energy use 2010 The PPP GDP per kilogram of oil equivalent of energy use. World Bank

GDPgrowth GDP growth (annual %) 2011

World Bank

GDP GDP (current USD) 2011

World Bank

ExptGDP Exports of Goods and Service (% GDP) 2011 The value of all goods and other market services provided to the rest of the world World Bank

ImprtGDP Imports of Goods and Service (% GDP) 2011 The value of all goods and other market services received from the rest of the world. World Bank

AgrGDP Agriculture, Value added (% GDP) 2011 Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. World Bank

FDI Foreign Direct Investment, net (current USD) 2011 Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. World Bank

GNIpcap GNI per capita PP 2011 GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. World Bank

Inflatn Inflation, Consumer Prices (annual %) 2011 Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. World Bank

InfltnGDP Inflation, GDP deflator (annual %) 2011 Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. World Bank

PctWomParl % women in national parliament 2010

United Nations

IntnetUser Internet Users, per 100 peple 2011 Internet users are people with access to the worldwide network. World Bank

HIVPrevlnc Estimated HIV Prevalence% - (Ages 15-49) 2009 Prevalence of HIV refers to the percentage of people ages 15-49 who are infected with HIV. UNAIDS estimates. UNAIDS

AgrLand Agricultural land (% of land area) 2009 Agricultural land refers to the share of land area that is arable, under permanent crops, and under permanent pastures. World Bank

AidRecPP Aid received per person (current US$) 2010 Net official development assistance (ODA) per capita consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients; and is calculated by dividing net ODA received by the midyear population estimate. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). World Bank

AlcohAdul Alcohol consumption per adult (15+) in litres 2008 Liters of pure alcohol, computed as the sum of alcohol production and imports, less alcohol exports, divided by the adult population (aged 15 years and older). World Health Organization

ArmyPct Military expenditure (% of central government expenditure) 2008 Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). World Development Indicators (World Bank)

TFR Total Fertility Rate 2011 The average number of children that would be born per woman if all women lived to the end of their childbearing years and bore children according to a given fertility rate at each age. This indicator shows the potential for population change in a country. World Bank

CO2perUSD CO2 kg per USD 2008 Carbon dioxide emissions are those stemming from the burning of fossil fuels and the manufacture of cement. They include carbon dioxide produced during consumption of solid, liquid, and gas fuels and gas flaring. World Bank

ExpdtrPrim Expenditure per student, primary (% of GDP per capita) 2008 Public expenditure per pupil as a % of GDP per capita. Primary is the total public expenditure per student in primary education as a percentage of GDP per capita. Public expenditure (current and capital) includes government spending on educational institutions (both public and private), education administration as well as subsidies for private entities (students/households and other privates entities). World Bank

ExpdtrSecd Expenditure per student, secondary (% of GDP per capita) 2008 Public expenditure per pupil as a % of GDP per capita. Secondary is the total public expenditure per student in secondary education as a percentage of GDP per capita. World Bank

ExpdtrTert Expenditure per student, tertiary (% of GDP per capita) 2008 Public expenditure per pupil as a % of GDP per capita. Tertiary is the total public expenditure per student in tertiary education as a percentage of GDP per capita. World Bank

FDIoutf Foreign direct investment, net outflows (% of GDP) 2010 Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net outflows of investment from the

The Gross Domestic Product (GDP) in Vietnam was worth 476.39 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Vietnam represents 0.45 percent of the world economy. This dataset provides the latest reported value for - Vietnam GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This statistic shows the projected top ten largest national economies in 2050. By 2050, China is forecasted to have a gross domestic product of over ** trillion U.S. dollars.

View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.

South Africa's GDP was estimated at just over 403 billion U.S. dollars in 2024, the highest in Africa. Egypt followed, with a GDP worth around 380 billion U.S. dollars, and ranked as the second-highest on the continent. Algeria ranked third, with about 260 billion U.S. dollars. These African economies are among some of the fastest-growing economies worldwide. Dependency on oil For some African countries, the oil industry represents an enormous source of income. In Nigeria, oil generates over five percent of the country’s GDP in the third quarter of 2023. However, economies such as the Libyan, Algerian, or Angolan are even much more dependent on the oil sector. In Libya, for instance, oil rents account for over 40 percent of the GDP. Indeed, Libya is one of the economies most dependent on oil worldwide. Similarly, oil represents for some of Africa’s largest economies a substantial source of export value. The giants do not make the ranking Most of Africa’s largest economies do not appear in the leading ten African countries for GDP per capita. The GDP per capita is calculated by dividing a country’s GDP by its population. Therefore, a populated country with a low total GDP will have a low GDP per capita, while a small rich nation has a high GDP per capita. For instance, South Africa has Africa’s highest GDP, but also counts the sixth-largest population, so wealth has to be divided into its big population. The GDP per capita also indicates how a country’s wealth reaches each of its citizens. In Africa, Seychelles has the greatest GDP per capita.

The Gross Domestic Product (GDP) in Nigeria was worth 187.76 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Nigeria represents 0.18 percent of the world economy. This dataset provides the latest reported value for - Nigeria GDP - 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) in Yemen was worth 19.10 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Yemen represents 0.02 percent of the world economy. This dataset provides the latest reported value for - Yemen GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Since the beginning of the 21st century, the BRICS countries have been considered the five foremost developing economies in the world. Originally, the term BRIC was used by economists when talking about the emerging economies of Brazil, Russia, India, and China, however these countries have held annual summits since 2009, and the group has expanded to include South Africa since 2010. China has the largest GDP of the BRICS country, at 16.86 trillion U.S. dollars in 2021, while the others are all below three trillion. Combined, the BRICS bloc has a GDP over 25.85 trillion U.S. dollars in 2022, which is slightly more than the United States. BRICS economic development China has consistently been the largest economy of this bloc, and its rapid growth has seen it become the second largest economy in the world, behind the U.S.. China's growth has also been much faster than the other BRICS countries; for example, when compared with the second largest BRICS economy, its GDP was less than double the size of Brazil's in 2000, but is almost six times larger than India's in 2021. Since 2000, the country with the second largest GDP has fluctuated between Brazil, Russia, and India, due to a variety of factors, although India has held this position since 2015 (when the other two experienced recession), and it's growth rate is on track to surpass China's in the coming decade. South Africa has consistently had the smallest economy of the BRICS bloc, and it has just the third largest economy in Africa; its inclusion in this group is due to the fact that it is the most advanced and stable major economy in Africa, and it holds strategic importance due to the financial potential of the continent in the coming decades. Future developments It is predicted that China's GDP will overtake that of the U.S. by the end of the 2020s, to become the largest economy in the world, while some also estimate that India will also overtake the U.S. around the middle of the century. Additionally, the BRICS group is more than just an economic or trading bloc, and its New Development Bank was established in 2014 to invest in sustainable infrastructure and renewable energy across the globe. While relations between its members were often strained or of less significance in the 20th century, their current initiatives have given them a much greater international influence. The traditional great powers represented in the Group of Seven (G7) have seen their international power wane in recent decades, while BRICS countries have seen theirs grow, especially on a regional level. Today, the original BRIC countries combine with the Group of Seven (G7), to make up 11 of the world's 12 largest economies, but it is predicted that they will move further up on this list in the coming decades.

This dataset contains estimates of the socioeconomic status (SES) position of each of 149 countries covering the period 1880-2010. Measures of SES, which are in decades, allow for a 130 year time-series analysis of the changing position of countries in the global status hierarchy. SES scores are the average of each country’s income and education ranking and are reported as percentile rankings ranging from 1-99. As such, they can be interpreted similarly to other percentile rankings, such has high school standardized test scores. If country A has an SES score of 55, for example, it indicates that 55 percent of the countries in this dataset have a lower average income and education ranking than country A. ISO alpha and numeric country codes are included to allow users to merge these data with other variables, such as those found in the World Bank’s World Development Indicators Database and the United Nations Common Database.

See here for a working example of how the data might be used to better understand how the world came to look the way it does, at least in terms of status position of countries.

VARIABLE DESCRIPTIONS:

unid: ISO numeric country code (used by the United Nations)

wbid: ISO alpha country code (used by the World Bank)

SES: Country socioeconomic status score (percentile) based on GDP per capita and educational attainment (n=174)

country: Short country name

year: Survey year

gdppc: GDP per capita: Single time-series (imputed)

yrseduc: Completed years of education in the adult (15+) population

region5: Five category regional coding schema

regionUN: United Nations regional coding schema

DATA SOURCES:

The dataset was compiled by Shawn Dorius (sdorius@iastate.edu) from a large number of data sources, listed below. GDP per Capita:

1. Maddison, Angus. 2004. 'The World Economy: Historical Statistics'. Organization for Economic Co-operation and Development: Paris. GDP & GDP per capita data in (1990 Geary-Khamis dollars, PPPs of currencies and average prices of commodities). Maddison data collected from: http://www.ggdc.net/MADDISON/Historical_Statistics/horizontal-file_02-2010.xls.

2. World Development Indicators Database Years of Education 1. Morrisson and Murtin.2009. 'The Century of Education'. Journal of Human Capital(3)1:1-42. Data downloaded from http://www.fabricemurtin.com/ 2. Cohen, Daniel & Marcelo Cohen. 2007. 'Growth and human capital: Good data, good results' Journal of economic growth 12(1):51-76. Data downloaded from http://soto.iae-csic.org/Data.htm

3. Barro, Robert and Jong-Wha Lee, 2013, "A New Data Set of Educational Attainment in the World, 1950-2010." Journal of Development Economics, vol 104, pp.184-198. Data downloaded from http://www.barrolee.com/

4. Maddison, Angus. 2004. 'The World Economy: Historical Statistics'. Organization for Economic Co-operation and Development: Paris. 13.

5. United Nations Population Division. 2009.