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The average for 2023 based on 184 countries was 0.54 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.
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The Gross Domestic Product (GDP) in the United States was worth 27720.71 billion US dollars in 2023, according to official data from the World Bank. The GDP value of the United States represents 26.29 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2020, global gross domestic product declined by 6.7 percent as a result of the coronavirus (COVID-19) pandemic outbreak. In Latin America, overall GDP loss amounted to 8.5 percent.
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The Gross Domestic Product (GDP) in Russia was worth 2021.42 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Russia represents 1.92 percent of the world economy. This dataset provides the latest reported value for - Russia GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 11.601 % in 2016. This records a decrease from the previous number of 11.919 % for 2015. United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 12.807 % from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 16.022 % in 1997 and a record low of 11.601 % in 2016. United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
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The Gross Domestic Product (GDP) in Saudi Arabia was worth 1067.58 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Saudi Arabia represents 1.01 percent of the world economy. This dataset provides - Saudi Arabia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
As of November 2021, the U.S. goverment dedicated ***** percent of the GDP to soften the effects of the coronavirus pandemic. This translates to stimulus packages worth **** trillion U.S. dollars Economic impact of the Coronavirus pandemic The impact of the COVID-19 pandemic was felt throughout the whole world. Lockdowns forced many industries to close completely for many months and restrictions were put on almost all economic activity. In 2020, the worldwide GDP loss due to Covid was *** percent. The global unemployment rate rocketed to **** percent in 2020 and confidence in governments’ ability to deal with the crisis diminished significantly. Governmental response In order to stimulate the economies and bring them out of recession, many countries have decided to release so called stimulus packages. These are fiscal and monetary policies used to support the recovery process. Through application of lower taxes and interest rates, direct financial aid, or facilitated access to funding, the governments aim to boost the employment, investment, and demand. Stimulus packages Until November 2021, Japan has dedicated the largest share of the GDP to stimulus packages among the G20 countries, with ***** percent (*** trillion Yen or **** trillion U.S. dollars). While the first help package aimed at maintaining employment and securing businesses, the second and third ones focused more on structural changes and positive developments in the country in the post-pandemic future.
The gross domestic product of the United Kingdom was around 2.56 trillion British pounds, an increase when compared to the previous year, when UK GDP amounted to about 2.54 trillion pounds. The significant drop in GDP visible in 2020 was due to the COVID-19 pandemic, with the smaller declines in 2008 and 2009 because of the global financial crisis of the late 2000s. Low growth problem in the UK Despite growing by 0.9 percent in 2024, and 0.4 percent in 2023 the UK economy is not that much larger than it was before the COVID-19 pandemic. Since recovering from a huge fall in GDP in the second quarter of 2020, the UK economy has alternated between periods of contraction and low growth, with the UK even in a recession at the end of 2023. While economic growth picked up somewhat in 2024, GDP per capita is lower than it was in 2022, following two years of negative growth. UK's global share of GDP falling As of 2024, the UK had the sixth-largest economy in the world, behind the United States, China, Japan, Germany, and India. Among European nations, this meant that the UK currently has the second-largest economy in Europe, although the economy of France, Europe's third-largest economy, is of a similar size. The UK's global economic ranking will likely fall in the coming years, however, with the UK's share of global GDP expected to fall from 2.16 percent in 2025 to 2.02 percent by 2029.
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The Gross Domestic Product (GDP) in Vietnam was worth 429.72 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Vietnam represents 0.41 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.
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China % of Value Added of Core Industries of Digital Economy: Manufacture of Digital Products data was reported at 33.800 % in 2023. China % of Value Added of Core Industries of Digital Economy: Manufacture of Digital Products data is updated yearly, averaging 33.800 % from Dec 2023 (Median) to 2023, with 1 observations. The data reached an all-time high of 33.800 % in 2023 and a record low of 33.800 % in 2023. China % of Value Added of Core Industries of Digital Economy: Manufacture of Digital Products 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.AVA: Value Added of Core Industries of Digital Economy.
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The average for 2023 based on 168 countries was 124.18 billion U.S. dollars. The highest value was in China: 6812.37 billion U.S. dollars and the lowest value was in Micronesia: 0.02 billion U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.
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Trinidad and Tobago TT: GDP: Growth: Gross Value Added: Agriculture data was reported at -2.780 % in 2017. This records an increase from the previous number of -15.068 % for 2016. Trinidad and Tobago TT: GDP: Growth: Gross Value Added: Agriculture data is updated yearly, averaging 0.732 % from Dec 1985 (Median) to 2017, with 33 observations. The data reached an all-time high of 32.090 % in 2010 and a record low of -34.226 % in 2004. Trinidad and Tobago TT: GDP: Growth: Gross Value Added: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Trinidad and Tobago – Table TT.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for agricultural value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
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The Gross Domestic Product (GDP) in Sweden was worth 584.96 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Sweden represents 0.55 percent of the world economy. This dataset provides the latest reported value for - Sweden GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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United States RW: Change in Balance Sheet Account: Change in Net Worth data was reported at 750.040 USD bn in Jun 2018. This records an increase from the previous number of -13.564 USD bn for Mar 2018. United States RW: Change in Balance Sheet Account: Change in Net Worth data is updated quarterly, averaging -0.233 USD bn from Dec 1951 (Median) to Jun 2018, with 267 observations. The data reached an all-time high of 900.774 USD bn in Sep 2008 and a record low of -418.623 USD bn in Jun 2009. United States RW: Change in Balance Sheet Account: Change in Net Worth data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.AB081: Integrated Macroeconomic Accounts: Rest of the World.
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Argentina AR: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 16.295 % in 2023. This records an increase from the previous number of 16.053 % for 2022. Argentina AR: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 20.348 % from Dec 1965 (Median) to 2023, with 59 observations. The data reached an all-time high of 41.184 % in 1965 and a record low of 12.835 % in 2017. Argentina AR: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: Gross Domestic Product: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.
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The Gross Domestic Product (GDP) in South Korea was worth 1712.79 billion US dollars in 2023, according to official data from the World Bank. The GDP value of South Korea represents 1.62 percent of the world economy. This dataset provides - South Korea GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The Gross Domestic Product (GDP) in Australia was worth 1728.06 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Australia represents 1.64 percent of the world economy. This dataset provides - Australia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The Gross Domestic Product (GDP) in Philippines was worth 437.15 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Philippines represents 0.41 percent of the world economy. This dataset provides - Philippines GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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RW: Balance Sheet: Net Worth data was reported at 5,729.673 USD bn in Mar 2018. This records an increase from the previous number of 5,618.944 USD bn for Dec 2017. RW: Balance Sheet: Net Worth data is updated quarterly, averaging -15.995 USD bn from Dec 1951 (Median) to Mar 2018, with 266 observations. The data reached an all-time high of 6,050.172 USD bn in Dec 2016 and a record low of -335.649 USD bn in Mar 1984. RW: Balance Sheet: Net Worth data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.AB081: Integrated Macroeconomic Accounts: Rest of the World.
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United States BS: HNO: Net Worth data was reported at 106,929.235 USD bn in Jun 2018. This records an increase from the previous number of 104,738.348 USD bn for Mar 2018. United States BS: HNO: Net Worth data is updated quarterly, averaging 14,371.980 USD bn from Dec 1951 (Median) to Jun 2018, with 267 observations. The data reached an all-time high of 106,929.235 USD bn in Jun 2018 and a record low of 1,280.571 USD bn in Dec 1951. United States BS: HNO: Net Worth data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.AB070: Balance Sheet: Household and Nonprofit Organizations.
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The average for 2023 based on 184 countries was 0.54 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.