The statistic shows global gross domestic product (GDP) from 1985 to 2024, with projections up until 2030. In 2020, global GDP amounted to about 85.76 trillion U.S. dollars, two and a half trillion lower than in 2019. Gross domestic product Gross domestic product, also known as GDP, is the accumulated value of all finished goods and services produced in a country, often measured annually. GDP is significant in determining the economic health, growth and productivity in the country, and is a stat often used when comparing several countries at a time, most likely in order to determine which country has seen the most progress. Until 2020, Global GDP had experienced a growth every year since 2010. However, a strong growth rate does not necessarily lead to all positive outcomes and often has a negative effect on inflation rates. A severe growth in GDP leads to lower unemployment, however lower unemployment often leads to higher inflation rates due to demand increasing at a much higher rate than supply and as a result prices rise accordingly. In terms of unemployment, growth had been fairly stagnant since the economic downturn of 2007-2009, but it remains to be seen what the total impact of the coronavirus pandemic will be on total employment.

The coronavirus (COVID-19) pandemic, has had a significant impact on the global economy. In 2020, global Gross Domestic Product (GDP) decreased by *** percent, while the forecast initially was *** percent GDP growth. As the world's governments are working towards a fast economic recovery, the GDP increased again in 2021 by *** percent. Global GDP increased by over ***** percent in 2022, but it is still not clear to what extent Russia's war in Ukraine will impact the global economy. Global GDP growth is expected to slow somewhat in 2023.

The Gross Domestic Product (GDP) in World was worth 111326.37 billion US dollars in 2024, according to official data from the World Bank. This dataset includes a chart with historical data for World GDP.

This statistic shows the growth of the real gross domestic product (GDP) in selected world regions from 2021 to 2024. According to the forecast, the GDP in the developed economies will grow by *** percent in 2024, compared to the previous year.

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.

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.

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.

Full Year GDP Growth in World increased to 3.20 percent in 2024 from 2.80 percent in 2023. This dataset includes a chart with historical data for World Full Year GDP Growth.

United States Ref. Year = 2021: Real Gross Domestic Product (GDP): Per Capita: PPP: USD data was reported at 77,951.567 USD in 2026. This records an increase from the previous number of 76,839.478 USD for 2025. United States Ref. Year = 2021: Real Gross Domestic Product (GDP): Per Capita: PPP: USD data is updated yearly, averaging 51,550.101 USD from Dec 1970 (Median) to 2026, with 57 observations. The data reached an all-time high of 77,951.567 USD in 2026 and a record low of 28,551.508 USD in 1970. United States Ref. Year = 2021: Real Gross Domestic Product (GDP): Per Capita: PPP: USD data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.EO: GDP: Per Capita: Forecast: OECD Member: Annual.

China: Percent of world GDP: The latest value from 2023 is 17.33 percent, a decline from 18.12 percent in 2022. In comparison, the world average is 0.53 percent, based on data from 188 countries. Historically, the average for China from 1980 to 2023 is 6.92 percent. The minimum value, 1.6 percent, was reached in 1990 while the maximum of 18.76 percent was recorded in 2021.

The Gross Domestic Product (GDP) in China was worth 18743.80 billion US dollars in 2024, according to official data from the World Bank. The GDP value of China represents 17.65 percent of the world economy. This dataset provides - China GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

Italy Gross Domestic Product (GDP): Volume: 2021 Exchange Rates: USD data was reported at 2,358.447 USD bn in 2026. This records an increase from the previous number of 2,329.938 USD bn for 2025. Italy Gross Domestic Product (GDP): Volume: 2021 Exchange Rates: USD data is updated yearly, averaging 1,833.942 USD bn from Dec 1960 (Median) to 2026, with 67 observations. The data reached an all-time high of 2,358.447 USD bn in 2026 and a record low of 568.992 USD bn in 1960. Italy Gross Domestic Product (GDP): Volume: 2021 Exchange Rates: USD data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.EO: GDP by Expenditure: Volume: Forecast: OECD Member: Annual.

Ireland: Percent of world GDP: The latest value from 2023 is 0.52 percent, a decline from 0.54 percent in 2022. In comparison, the world average is 0.53 percent, based on data from 188 countries. Historically, the average for Ireland from 1980 to 2023 is 0.32 percent. The minimum value, 0.17 percent, was reached in 1984 while the maximum of 0.55 percent was recorded in 2021.

The Gross Domestic Product (GDP) in Venezuela was worth 111.81 billion US dollars in 2021, according to official data from the World Bank. The GDP value of Venezuela represents 0.11 percent of the world economy. This dataset provides - Venezuela GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Ukraine was worth 190.74 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Ukraine represents 0.18 percent of the world economy. This dataset provides the latest reported value for - Ukraine GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

China Gross Domestic Product (GDP): Double Hit Scenario data was reported at 103,000.000 RMB bn in 2021. This records an increase from the previous number of 96,800.000 RMB bn for 2020. China Gross Domestic Product (GDP): Double Hit Scenario data is updated yearly, averaging 24,450.000 RMB bn from Dec 1992 (Median) to 2021, with 30 observations. The data reached an all-time high of 103,000.000 RMB bn in 2021 and a record low of 2,720.000 RMB bn in 1992. China Gross Domestic Product (GDP): Double Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.EO: GDP by Expenditure: Forecast: Non OECD Member: Annual. GDP-Gross domestic product, value, market prices Expenditure approach System of national Accounts 2008:https://unstats.un.org/unsd/nationalaccount/docs/sna2008.pdf European system of accounts ESA2010:https://ec.europa.eu/eurostat/documents/3859598/5925693/KS-02-13-269-EN.PDF/44cd9d01-bc64-40e5-bd40-d17df0c69334 Understanding NATIONAL ACCOUNTS:https://www.oecd.org/sdd/UNA-2014.pdf

In July 2024, global industrial production, excluding the United States, increased by 1.5 percent compared to the same time in the previous year, based on three month moving averages. This is compared to an increase of 0.2 percent in advanced economies (excluding the United States) for the same time period. The global industrial production collapsed after the outbreak of COVID-19, but increased steadily in the months after, peaking at 23 percent in June 2021. Industrial growth rate tracks the output production in the industrial sector.

The Gross Domestic Product (GDP) in Taiwan was worth 756.59 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Taiwan represents 0.72 percent of the world economy. This dataset provides - Taiwan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Sweden was worth 610.12 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Sweden represents 0.57 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.