Based on IMF forecasts from October 2023, the real GDP growth in industrial countries will slow in 2023, only growing by *** percent. This is because of the impact of the high global inflation rates. On the other hand, the GDP of emerging and developing countries is expected to grow by around **** percent both in 2022, 2023, and 2024.

In 2025, the United States had the largest economy in the world, with a gross domestic product of over 30 trillion U.S. dollars. China had the second largest economy, at around 19.23 trillion U.S. dollars. Recent adjustments in the list have seen Germany's economy overtake Japan's to become the third-largest in the world in 2023, while Brazil's economy moved ahead of Russia's in 2024. Global gross domestic product Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one-quarter of this figure alone. The 12 largest economies in the world include all Group of Seven (G7) economies, as well as the four largest BRICS economies. The U.S. has consistently had the world's largest economy since the interwar period, and while previous reports estimated it would be overtaken by China in the 2020s, more recent projections estimate the U.S. economy will remain the largest by a considerable margin going into the 2030s.The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Those countries considered to have emerging or developing economies account for almost 60 percent of global gross domestic product, while advanced economies make up over 40 percent.

Graph and download economic data for Gross Domestic Product in Current Prices for Georgia (GEONGDPDUSD) from 2000 to 2025 about Georgia, REO, and GDP.

Vietnam VN: IMF Forecast: General Government: Gross Debt: % of GDP data was reported at 58.120 % in 2023. This records an increase from the previous number of 57.648 % for 2022. Vietnam VN: IMF Forecast: General Government: Gross Debt: % of GDP data is updated yearly, averaging 48.237 % from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 59.942 % in 2016 and a record low of 31.432 % in 2000. Vietnam VN: IMF Forecast: General Government: Gross Debt: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Vietnam – Table VN.IMF.FM: Government Finance Statistics.

APD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in Asia and Pacific. Data for the REO for Asia and Pacific is prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall. Data are consistent with the projections underlying the WEO. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.

Thailand TH: IMF Forecast: General Government: Expenditure: % of GDP data was reported at 22.810 % in 2023. This records an increase from the previous number of 22.735 % for 2022. Thailand TH: IMF Forecast: General Government: Expenditure: % of GDP data is updated yearly, averaging 21.713 % from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 26.472 % in 1999 and a record low of 17.176 % in 1995. Thailand TH: IMF Forecast: General Government: Expenditure: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Thailand – Table TH.IMF.FM: Government Finance Statistics.

This study examines the determinants influencing the likelihood of Sub-Saharan African (SSA) countries seeking assistance from the International Monetary Fund (IMF). The IMF, as a global institution, aims to promote sustainable growth and prosperity among its member countries by supporting economic strategies that foster financial stability and collaboration in monetary affairs. Utilising panel-probit regression, this study analyses data from thirty-nine SSA countries spanning from 2000 to 2022, focusing on twelve factors: Current Account Balance (CAB), inflation, corruption, General Government Net Lending and Borrowing (GGNLB), General Government Gross Debt (GGGD), Gross Domestic Product Growth (GDPG), United Nations Security Council (UNSC) involvement, regime types (Closed Autocracy, Electoral Democracy, Electoral Autocracy, Liberal Democracy) and China Loan. The results indicate that corruption and GDP growth rate have the most significant influence on the likelihood of SSA countries seeking IMF assistance. Conversely, factors such as CAB, UNSC involvement, LD and inflation show inconsequential effects. Notable, countries like Sudan, Burundi, and Guinea consistently rank high in seeking IMF assistance over various time frames within the observed period. Sudan emerges with a probability of more than 44% in seeking IMF assistance, holding the highest ranking. Study emphasises the importance of understanding SSA region rankings and the variability of variables for policymakers, investors, and international organisations to effectively address economic challenges and provide financial assistance.

Graph and download economic data for National Accounts: Gross Domestic Product for China, P.R.: Hong Kong (HKGNGDPDUSD) from 2016 to 2024 about Hong Kong, China, and GDP.

AFR Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in Sub-Saharan Africa. Data for the REO for Sub-Saharan Africa is prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall. Data are consistent with the projections underlying the WEO. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.

IMF World Economic Outlook (WEO) database. The "http://www.imf.org/external/ns/cs.aspx?id=29">IMF World Economic Outlook is a twice-yearly survey by IMF staff that presents IMF staff economists' analyses of global economic developments during the near and medium term. Associated with the report is the "http://www.imf.org/external/ns/cs.aspx?id=28">World Economic Outlook Database, a country-level dataset of major macro-economic variables (GDP, Unemployment, Debt etc). It is the data from that database which is provided here.

Data

The source database is made of annual values for each country on 45 indicators since 1980. In addition the database includes the IMF projects approximately 6 years into the future.

We extract this data and normalize into 2 files:

• Indicators - data/indicators.csv - the list of indicators
• Values - data/values.csv - set of values for each indicator, country, year tuple.

Sources

Note the XLS files actual turn out to be tsv files!

• Listing page for WEO Database
• 2014 - http://www.imf.org/external/pubs/ft/weo/2014/01/weodata/index.aspx
  • http://www.imf.org/external/pubs/ft/weo/2014/01/weodata/WEOApr2014all.xls
• 2011 - http://www.imf.org/external/pubs/ft/weo/2011/02/weodata/index.aspx
  • http://www.imf.org/external/pubs/ft/weo/2011/02/weodata/WEOSep2011all.xls

Preparation

Code to extract the data from the source WEO Database is in the scripts directory.

This dataset has all the countries listed with their continents, GDP, population and GDP_per_capita. We can use GDP per capita as a label and play with the dataset. Using linear regression , is there a possibility to explore in terms of reciprocal relation between the features.

Switzerland IMF Forecast: General Government: Revenue: % of GDP data was reported at 33.329 % in 2023. This stayed constant from the previous number of 33.329 % for 2022. Switzerland IMF Forecast: General Government: Revenue: % of GDP data is updated yearly, averaging 32.416 % from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 33.497 % in 2015 and a record low of 28.201 % in 1991. Switzerland IMF Forecast: General Government: Revenue: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Switzerland – Table CH.IMF.FM: Government Finance Statistics.

Thailand TH: IMF Forecast: General Government: Primary Balance: % of GDP data was reported at -0.658 % in 2023. This records a decrease from the previous number of -0.649 % for 2022. Thailand TH: IMF Forecast: General Government: Primary Balance: % of GDP data is updated yearly, averaging -0.107 % from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 3.254 % in 2006 and a record low of -5.505 % in 2002. Thailand TH: IMF Forecast: General Government: Primary Balance: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Thailand – Table TH.IMF.FM: Government Finance Statistics.

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.

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 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.

Switzerland IMF Forecast: General Government: Gross Debt: % of GDP data was reported at 33.694 % in 2023. This records a decrease from the previous number of 34.880 % for 2022. Switzerland IMF Forecast: General Government: Gross Debt: % of GDP data is updated yearly, averaging 43.870 % from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 59.161 % in 2004 and a record low of 33.694 % in 2023. Switzerland IMF Forecast: General Government: Gross Debt: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Switzerland – Table CH.IMF.FM: Government Finance Statistics.

Thailand TH: IMF Forecast: General Government: Gross Debt: % of GDP data was reported at 41.892 % in 2023. This records an increase from the previous number of 41.888 % for 2022. Thailand TH: IMF Forecast: General Government: Gross Debt: % of GDP data is updated yearly, averaging 41.890 % from Dec 1996 (Median) to 2023, with 28 observations. The data reached an all-time high of 57.826 % in 2000 and a record low of 15.193 % in 1996. Thailand TH: IMF Forecast: General Government: Gross Debt: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Thailand – Table TH.IMF.FM: Government Finance Statistics.

Graph and download economic data for National Accounts: Gross Domestic Product for Tonga (TONNGDPDUSD) from 2016 to 2024 about Tonga and GDP.

United States US: Imports: % of GDP data was reported at 14.600 % in 2016. This records a decrease from the previous number of 15.300 % for 2015. United States US: Imports: % of GDP data is updated yearly, averaging 15.750 % from Dec 2001 (Median) to 2016, with 16 observations. The data reached an all-time high of 17.300 % in 2008 and a record low of 13.400 % in 2002. United States US: Imports: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United States – Table US.IMF: Contribution to GDP.