This dataset contains World Economic Outlook between 1980 - 2025. Data from International Monetary Fund.

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*Due to the high level of uncertainty in current global economic conditions, the April 2020 WEO database and statistical tables contain only these indicators: real GDP growth, consumer price index, current account balance, unemployment, per capita GDP growth, and fiscal balance. Projections for these indicators are provided only through 2021.

The Timorese authorities have revised the compilation methodology of GDP and, under the new classification, oil and gas revenue before September 2019, which was previously classified as export in national accounts, is now classified as primary income.

Based on IMF forecasts from October 2023, the real GDP growth in industrial countries will slow in 2023, only growing by 1.5 percent. This is because if 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 four percent both in 2022, 2023, and 2024.

Graph and download economic data for Oil Real GDP Growth in Constant Prices for Kazakhstan (KAZNGDPORPCHPT) from 2000 to 2025 about Kazakhstan, REO, oil, real, GDP, and rate.

According to preliminary figures, the growth of real gross domestic product (GDP) in China amounted to 5.0 percent in 2024. For 2025, the IMF expects a GDP growth rate of around 4.6 percent. Real GDP growth The current gross domestic product is an important indicator of the economic strength of a country. It refers to the total market value of all goods and services that are produced within a country per year. When analyzing year-on-year changes, the current GDP is adjusted for inflation, thus making it constant. Real GDP growth is regarded as a key indicator for economic growth as it incorporates constant GDP figures. As of 2023, China was among the leading countries with the largest gross domestic product worldwide, second only to the United States which had a GDP volume of almost 27.5 trillion U.S. dollars. The Chinese GDP has shown remarkable growth over the past years. Upon closer examination of the distribution of GDP across economic sectors, a gradual shift from an economy heavily based on industrial production towards an economy focused on services becomes visible, with the service industry outpacing the manufacturing sector in terms of GDP contribution. Key indicator balance of trade Another important indicator for economic assessment is the balance of trade, which measures the relationship between imports and exports of a nation. As an economy heavily reliant on manufacturing and industrial production, China has reached a trade surplus over the last decade, with a total trade balance of around 823 billion U.S. dollars in 2023.

Graph and download economic data for Non-Oil Real GDP Growth in Constant Prices for Saudi Arabia (SAUNGDPXORPCHPT) from 2000 to 2025 about non-oil, Saudi Arabia, REO, real, GDP, and rate.

Graph and download economic data for Oil Real GDP Growth in Constant Prices for Turkmenistan (TRNNGDPORPCHPT) from 2010 to 2025 about Turkmenistan, REO, oil, real, GDP, and rate.

Germany was forecast to experience an economic stagnation in 2024, with a gross domestic product (GDP) growth rate of zero percent. However, it is estimated to grow slightly in 2024 and 2025. The United States is forecast to have the highest GDP growth rate of the G7 in 2024.

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.

Graph and download economic data for Non-Oil Real GDP Growth in Constant Prices for Azerbaijan (AZENGDPXORPCHPT) from 2000 to 2025 about Azerbaijan, non-oil, REO, real, GDP, and rate.

The growth of the real gross domestic product (GDP) in Taiwan was forecast to continuously decrease between 2024 and 2029 by in total 1.6 percentage points. According to this forecast, in 2029, the growth will have decreased for the fifth consecutive year to 2.15 percent. Following the definition of the International Monetary Fund, this indicator refers to the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.Find more key insights for the growth of the real gross domestic product (GDP) in countries like Japan, China, and Hong Kong SAR China.

The statistic shows the growth rate of the real gross domestic product (GDP) in the United States from 2019 to 2023, with projections up until 2029. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2023, the growth of the real gross domestic product in the United States was around 2.53 percent compared to the previous year. See U.S. GDP per capita and the US GDP for more information.

Real gross domestic product (GDP) of the United States

The gross domestic product (GDP) of a country is a crucial economic indicator, representing the market value of the total goods and services produced and offered by a country within a year, thus serving as one of the indicators of a country’s economic state. The real GDP of a country is defined as its gross domestic product adjusted for inflation.

An international comparison of economic growth rates has ranked the United States alongside other major global economic players such as China and Russia in terms of real GDP growth. With further growth expected during the course of the coming years, as consumer confidence continues to improve, experts predict that the worst is over for the United States economy.

A glance at US real GDP figures reveals an overall increase in growth, with sporadic slips into decline; the last recorded decline took place in Q1 2011. All in all, the economy of the United States can be considered ‘well set’, with exports and imports showing positive results. Apart from this fact, the United States remains one of the world’s leading exporting countries, having been surpassed only by China and tailed by Germany. It is also ranked first among the top global importers. Despite this, recent surveys revealing Americans’ assessments of the U.S. economy have yielded less optimistic results. Interestingly enough, this consensus has been mutual across the social and environmental spectrum. On the other hand, GDP is often used as an indicator for the standard of living in a country – and most Americans seem quite happy with theirs.

The growth of the real gross domestic product (GDP) in Chile was forecast to decrease between 2024 and 2029 by in total 0.2 percentage points. This overall decrease does not happen continuously, notably not in 2026. According to this forecast, in 2029, the growth will have decreased for the third consecutive year to 2.3 percent. Following the definition of the International Monetary Fund, this indicator refers to the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.Find more key insights for the growth of the real gross domestic product (GDP) in countries like Paraguay, Argentina, and Uruguay.

The growth of the real gross domestic product (GDP) in Gabon was forecast to decrease between 2024 and 2029 by in total 0.6 percentage points. This overall decrease does not happen continuously, notably not in 2029. The growth is estimated to amount to 2.59 percent in 2029. Following the definition of the International Monetary Fund, this indicator refers to the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.Find more key insights for the growth of the real gross domestic product (GDP) in countries like Cameroon, Congo - Brazzaville, and Congo - Kinshasa.

Graph and download economic data for Oil Real GDP Growth in Constant Prices for Kuwait (KWTNGDPORPCHPT) from 2003 to 2025 about Kuwait, REO, oil, real, GDP, and rate.

The growth of the real gross domestic product (GDP) in Venezuela was forecast to continuously decrease between 2024 and 2025 by in total 0.01 percentage points. According to this forecast, in 2025, the growth will have decreased for the third consecutive year to three percent. As described by the International Monetary Fund, this indicator describes the annual change in the gross domestic product at constant prices. This is expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.Find more key insights for the growth of the real gross domestic product (GDP) in countries like Suriname, Colombia, and Guyana.

The growth of the real gross domestic product (GDP) in Kenya was forecast to decrease between 2024 and 2029 by in total 0.02 percentage points. This overall decrease does not happen continuously, notably not in 2027 and 2029. The growth is estimated to amount to 5.01 percent in 2029. As described by the International Monetary Fund, this indicator describes the annual change in the gross domestic product at constant prices. This is expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.Find more key insights for the growth of the real gross domestic product (GDP) in countries like Ethiopia, Zambia, and Seychelles.

Graph and download economic data for Non-Oil Real GDP Growth in Constant Prices for Qatar (QATNGDPXORPCHPT) from 2000 to 2025 about non-oil, Qatar, REO, real, GDP, and rate.

Graph and download economic data for Oil Real GDP Growth in Constant Prices for Libya (LBYNGDPORPCHPT) from 2000 to 2025 about Libya, REO, oil, real, GDP, and rate.

The Gross Domestic Product (GDP) in Panama expanded 2 percent in the third quarter of 2024 over the same quarter of the previous year. This dataset provides the latest reported value for - Panama GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic shows global gross domestic product (GDP) from 1985 to 2022, with projections up until 2029. In 2020, global GDP amounted to about 85.52 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.