World GDP for 2023 was 100.000 trillion US dollars, a 0% increase from 2022.

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<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.

World gdp growth rate for 2023 was 2.83%, a 0.4% decline from 2022.

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<li>World gdp growth rate for 2022 was <strong>3.24%</strong>, a <strong>3.11% decline</strong> from 2021.</li>
<li>World gdp growth rate for 2021 was <strong>6.35%</strong>, a <strong>9.23% increase</strong> from 2020.</li>
<li>World gdp growth rate for 2020 was <strong>-2.88%</strong>, a <strong>5.55% 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.

The Gross Domestic Product (GDP) in World was worth 106171.67 billion US dollars in 2023, according to official data from the World Bank. This dataset includes a chart with historical data for World GDP.

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.

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.

GDP (current US$) in World was reported at 106171667873321 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. World - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

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.

Graph and download economic data for Gross Domestic Product for World (NYGDPMKTPCDWLD) from 1960 to 2023 about , and GDP.

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.

World GDP per capita for 2023 was $13,170, a 3.39% increase from 2022.

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<li>World GDP per capita for 2022 was <strong>$12,737</strong>, a <strong>3.11% increase</strong> from 2021.</li>
<li>World GDP per capita for 2021 was <strong>$12,353</strong>, a <strong>13.15% increase</strong> from 2020.</li>
<li>World GDP per capita for 2020 was <strong>$10,917</strong>, a <strong>3.69% decline</strong> from 2019.</li>
</ul>GDP per capita is gross domestic product divided by midyear population. 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. Data are in current U.S. dollars.

Sweden: Percent of world GDP: The latest value from 2023 is 0.56 percent, a decline from 0.58 percent in 2022. In comparison, the world average is 0.54 percent, based on data from 184 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.

U.S. GDP for 2023 was 27.721 trillion US dollars, a 6.59% increase from 2022.

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<li>U.S. GDP for 2022 was <strong>26.007 trillion US dollars</strong>, a <strong>9.82% increase</strong> from 2021.</li>
<li>U.S. GDP for 2021 was <strong>23.681 trillion US dollars</strong>, a <strong>10.9% increase</strong> from 2020.</li>
<li>U.S. GDP for 2020 was <strong>21.354 trillion US dollars</strong>, a <strong>0.86% 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.

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.

Turkey: Percent of world GDP: The latest value from 2023 is 1.07 percent, an increase from 0.9 percent in 2022. In comparison, the world average is 0.54 percent, based on data from 184 countries. Historically, the average for Turkey from 1980 to 2023 is 0.82 percent. The minimum value, 0.47 percent, was reached in 1994 while the maximum of 1.24 percent was recorded in 2013.

Trade (% of GDP) in World was reported at 58.51 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. World - Trade (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

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.

The Gross Domestic Product (GDP) in China was worth 17794.78 billion US dollars in 2023, according to official data from the World Bank. The GDP value of China represents 16.88 percent of the world economy. This dataset provides - China GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The average for 2023 based on 184 countries was 3.43 percent. The highest value was in Macao: 75.06 percent and the lowest value was in Sudan: -20.11 percent. The indicator is available from 1961 to 2023. Below is a chart for all countries where data are available.

GDP per capita growth (annual %) in World was reported at 1.9165 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. World - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.