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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.
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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.
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 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.
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.
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This is a dataset for the Exploratory Data Analysis purpose of the GDP of every country in the world from the 1980s to 2023. This dataset can also be used to forecast the countries' GDPs for the year 2024. And don't forget to upvote😄.
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.
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The average for 2023 based on 45 countries was 0.57 percent. The highest value was in Germany: 4.29 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.
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Sweden: Percent of world GDP: The latest value from 2023 is 0.56 percent, a decline from 0.57 percent in 2022. In comparison, the world average is 0.53 percent, based on data from 188 countries. Historically, the average for Sweden from 1980 to 2023 is 0.85 percent. The minimum value, 0.56 percent, was reached in 2023 while the maximum of 1.31 percent was recorded in 1980.
Out of the world's seven largest economies, the United Kingdom was the most negatively affected by the coronavirus (COVID-19) pandemic. During the third quarter of 2020, the GDP growth rate of the UK stood at minus *** percent compared to the previous year. Furthermore, the GDPs of India and Japan were contracted by minus *** percent. Only China experienced a positive GDP growth rate of *** percent during that same period. However, in 2021, all the largest economies worldwide started to recover, with growth rates varying from *** percent (Japan) to over **** percent (India).
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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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Gross domestic product (GDP) per capita is a crucial economic indicator that represents the average economic output per person in a given country or region. It is calculated by dividing the total GDP by the population size. This metric is often used to compare the economic performance of different countries and assess the relative prosperity of their citizens. Two commonly used versions of this indicator are GDP per capita at current prices and GDP per capita adjusted for purchasing power parity (PPP). GDP per capita at current prices reflects the total economic output of a country divided by its population, using the market prices of goods and services at the time of measurement. This metric provides a snapshot of the economic activity within a country without adjusting for inflation or differences in the cost of living across regions. Global GDP per capita at current prices (PPP) provides a measure of the average economic output per person, adjusted for the differences in the cost of living between countries. This adjustment allows for a more accurate comparison of living standards and economic productivity across different nations.
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The average for 2024 based on 176 countries was 612.36 billion U.S. dollars. The highest value was in the USA: 29184.89 billion U.S. dollars and the lowest value was in Kiribati: 0.31 billion U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.
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The Gross Domestic Product (GDP) in Japan was worth 4026.21 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Japan represents 3.79 percent of the world economy. This dataset provides - Japan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The average for 2023 based on 27 countries was 0.65 percent. The highest value was in Germany: 4.29 percent and the lowest value was in Malta: 0.02 percent. The indicator is available from 1980 to 2023. Below is a chart for all countries where data are available.
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Graph and download economic data for Constant GDP per capita for the World (NYGDPPCAPKDWLD) from 1960 to 2024 about World, per capita, real, and GDP.
This statistic shows the gross domestic product (GDP) in selected global regions in 2024. Some of the global regions mentioned here overlap, e.g. countries of the euro area are industrial states as well. Thus, the figures shown here cannot be added to the total global GDP. In the industrial countries, the GDP amounted to approximately 64.71 trillion U.S. dollars in 2024.
In most years since 1980, global GDP growth has been relatively consistent, generally fluctuating between two and five percent growth from year to year. The most notable exceptions to this were during the Great Recession in 2009, and again in 2020 during the Covid-19 pandemic, where the global economy actually shrank in both of these years. As the world economy continues to deal with the economic impact of the pandemic, as well as the fallout from Russia's invasion of Ukraine in 2022, the future remains uncertain, however current estimates suggest that annual growth will return to steady figures of around 3 percent in 2029.
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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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Graph and download economic data for Gross Domestic Product for Developing Countries in Europe and Central Asia (NYGDPMKTPCDECA) from 1987 to 2024 about Central Asia, Europe, and GDP.
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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.