In 1870, the GDP of the U.S., Canada, Australia, and New Zealand was eight times larger than in 1820, and by 1913 it was almost 42 times larger. Although Europe had the largest share of global GDP in 1913, it had only grown by 5.4 times since 1820. GDP in the Asia-Pacific region did not double over this period, as it was not until the latter half of the twentieth century when industrialization began on a large scale.
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Key information about India Real GDP Growth
The statistic shows the growth in real GDP in Indonesia from between 2020 to 2024, with projections up until 2030. In 2024, Indonesia's real gross domestic product grew by around 5.03 percent compared to the previous year. Indonesia's economy on the rise Indonesia is a nation with a growing economy and a steadily increasing population. It is estimated that the total population in Indonesia will surpass 255 million inhabitants by 2016 and continue to grow fast. Indonesia reports the fourth-largest population worldwide, and it is also the fifteenth-largest country by total area. The country's biggest contributor to gross domestic product is the industry, with services close behind. In 2013, industry contributed more than 45 percent to Indonesia's gross domestic product in Indonesia. The economy in Indonesia has been on the rise over the past years, and Indonesia is slowly establishing itself as one of the world’s most powerful economic players. In 2014, Indonesia's gross domestic product (GDP) amounted to more than 856 billion U.S. dollars, that's higher than Saudi Arabia's GDP, for example. GDP is calculated by analyzing the volume and value of goods and services that a country can produce in a specific time period. Emerging markets and developing economies, such as Indonesia, make up around 57 percent of global gross domestic product. Another indicator of economic strength is GDP per capita, which helps to assess the quality of life in a country and the growth of the economy. GDP per capita in Indonesia has been estimated to almost quadruple in the time period between 2004 and 2014, indicating an increase in living standards.
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<li>Senegal gdp growth rate for 2022 was <strong>3.83%</strong>, a <strong>2.72% decline</strong> from 2021.</li>
<li>Senegal gdp growth rate for 2021 was <strong>6.54%</strong>, a <strong>5.2% increase</strong> from 2020.</li>
<li>Senegal gdp growth rate for 2020 was <strong>1.34%</strong>, a <strong>3.27% 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.
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The Gross Domestic Product (GDP) in South Sudan contracted 27.60 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides the latest reported value for - South Sudan GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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<li>European Union gdp growth rate for 2022 was <strong>3.50%</strong>, a <strong>2.86% decline</strong> from 2021.</li>
<li>European Union gdp growth rate for 2021 was <strong>6.36%</strong>, a <strong>11.93% increase</strong> from 2020.</li>
<li>European Union gdp growth rate for 2020 was <strong>-5.58%</strong>, a <strong>7.45% 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.
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Israel GDP Growth Tracker: YoY: High data was reported at 5.480 % in Apr 2023. This records an increase from the previous number of 4.557 % for Mar 2023. Israel GDP Growth Tracker: YoY: High data is updated monthly, averaging 6.509 % from Jan 2005 (Median) to Apr 2023, with 220 observations. The data reached an all-time high of 28.735 % in Apr 2021 and a record low of -6.045 % in Apr 2020. Israel GDP Growth Tracker: YoY: High 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 Israel – Table IL.OECD.WT: GDP Growth Tracker: Monthly.
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Key information about Russia Real GDP Growth
The United States has, by far, the largest gross domestic product (GDP) of the G7 countries. Moreover, while the GDP of the other six countries fluctuated between 2000 and 2024, the U.S.' grew almost constantly, reaching an estimated 29.2 trillion U.S. dollars in 2024. The United States is also the world's largest economy ahead of China. Germany had the second largest economy of the G7 countries at around 4.7 trillion U.S. dollars.
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Serbia RS: GDP: Growth data was reported at 1.867 % in 2017. This records a decrease from the previous number of 2.797 % for 2016. Serbia RS: GDP: Growth data is updated yearly, averaging 2.685 % from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 9.047 % in 2004 and a record low of -12.147 % in 1999. Serbia RS: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Serbia – Table RS.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
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France - Real GDP growth rate was 1.20% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for France - Real GDP growth rate - last updated from the EUROSTAT on July of 2025. Historically, France - Real GDP growth rate reached a record high of 6.90% in December of 2021 and a record low of -7.40% in December of 2020.
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<li>Tanzania gdp growth rate for 2022 was <strong>4.57%</strong>, a <strong>0.24% increase</strong> from 2021.</li>
<li>Tanzania gdp growth rate for 2021 was <strong>4.32%</strong>, a <strong>2.33% increase</strong> from 2020.</li>
<li>Tanzania gdp growth rate for 2020 was <strong>1.99%</strong>, a <strong>3.81% 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.
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Italy - Real GDP growth rate was 0.70% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Real GDP growth rate - last updated from the EUROSTAT on July of 2025. Historically, Italy - Real GDP growth rate reached a record high of 8.90% in December of 2021 and a record low of -8.90% in December of 2020.
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The average for 2025 based on 23 countries was 2.58 percent. The highest value was in Saint Vincent and the Grenadines: 4.7 percent and the lowest value was in Haiti: -1 percent. The indicator is available from 1980 to 2030. Below is a chart for all countries where data are available.
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<li> gdp growth rate for 2022 was <strong>9.31%</strong>, a <strong>12.18% increase</strong> from 2021.</li>
<li> gdp growth rate for 2021 was <strong>-2.87%</strong>, a <strong>7.39% increase</strong> from 2020.</li>
<li> gdp growth rate for 2020 was <strong>-10.25%</strong>, a <strong>11.47% 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.
In 2023, the real gross domestic product (GDP) of California was 3.23 trillion U.S. dollars. This is a slight increase from the previous year, when the state's GDP stood at 3.23 trillion U.S. dollars.
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<li>French Polynesia gdp growth rate for 2021 was <strong>2.09%</strong>, a <strong>9.15% increase</strong> from 2020.</li>
<li>French Polynesia gdp growth rate for 2020 was <strong>-7.05%</strong>, a <strong>9.75% decline</strong> from 2019.</li>
<li>French Polynesia gdp growth rate for 2019 was <strong>2.70%</strong>, a <strong>0.87% increase</strong> from 2018.</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.
Vietnam’s real gross domestic product (GDP) has been experiencing positive growth for the past five years since 2019, and is projected to continue to do so through 2030. In 2023, Vietnam’s real GDP increased by around five percent compared to the previous year. Learning from real GDP Real gross domestic product (GDP) is a measure that reflects the value of all goods and services an economy produces within a given year. It is expressed in base-year prices, and is thus an inflation-adjusted way to compare a country’s economic output through the years. The GDP growth rate is a significant indicator of a country’s economic health, as it reacts to the economy’s expansions and contractions. Vietnam’s optimistic future As indicated by the positive growth rate of its real GDP, Vietnam’s economy is expanding due to growth in exports, domestic demand, and the manufacturing sector. As the economy expands, so does the total expenditure of Vietnamese consumers. The average monthly income per capita in Vietnam increased to almost 3.8 percent in 2018, and is spent on fast moving consumer goods from popular brands like Vinamilk and P/S.
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<li>Monaco gdp growth rate for 2022 was <strong>11.05%</strong>, a <strong>11.19% decline</strong> from 2021.</li>
<li>Monaco gdp growth rate for 2021 was <strong>22.23%</strong>, a <strong>35.47% increase</strong> from 2020.</li>
<li>Monaco gdp growth rate for 2020 was <strong>-13.24%</strong>, a <strong>20.36% 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.
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United States US: GDP: Growth: Gross Value Added: Services data was reported at 2.621 % in 2015. This records an increase from the previous number of 2.221 % for 2014. United States US: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 2.335 % from Dec 1998 (Median) to 2015, with 18 observations. The data reached an all-time high of 4.456 % in 1999 and a record low of -1.772 % in 2009. United States US: GDP: Growth: Gross Value Added: Services 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: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.
In 1870, the GDP of the U.S., Canada, Australia, and New Zealand was eight times larger than in 1820, and by 1913 it was almost 42 times larger. Although Europe had the largest share of global GDP in 1913, it had only grown by 5.4 times since 1820. GDP in the Asia-Pacific region did not double over this period, as it was not until the latter half of the twentieth century when industrialization began on a large scale.