The average for 2024 based on 177 countries was 3.2 percent. The highest value was in Guyana: 43.37 percent and the lowest value was in Palestine: -26.56 percent. The indicator is available from 1961 to 2024. Below is a chart for all countries where data are available.

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 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 average for 2023 based on 193 countries was -0.07 points. The highest value was in Liechtenstein: 1.61 points and the lowest value was in Syria: -2.75 points. The indicator is available from 1996 to 2023. Below is a chart for all countries where data are available.

United States US: GDP: Real data was reported at 17,304.984 USD bn in 2017. This records an increase from the previous number of 16,920.328 USD bn for 2016. United States US: GDP: Real data is updated yearly, averaging 8,735.853 USD bn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 17,304.984 USD bn in 2017 and a record low of 3,078.071 USD bn in 1960. United States US: GDP: Real data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Gross Domestic Product: Real. 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 constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

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 2030.

Climate change is a phenomenon which has been evident since the Industrial Revolution and has progressed more quickly over the last decades. It has environmental, human health, social, political and economic implications worldwide. A forecast for the end of 2048 indicates that several countries globally would face a negative deviation from their baseline GDP. Based on this projection for *******, Saudi Arabia is projected to experience a decrease of almost ** percent in its real GDP, in a scenario where global temperatures increase by *** degrees Celsius, compared to the period from 1986 to 2005.

The average for 2025 based on 184 countries was 3.13 percent. The highest value was in Libya: 17.3 percent and the lowest value was in Equatorial Guinea: -4.2 percent. The indicator is available from 1980 to 2030. Below is a chart for all countries where data are available.

United States US: GDP: Real: per Capita data was reported at 53,128.540 USD in 2017. This records an increase from the previous number of 52,319.163 USD for 2016. United States US: GDP: Real: per Capita data is updated yearly, averaging 35,443.919 USD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 53,128.540 USD in 2017 and a record low of 17,036.885 USD in 1960. United States US: GDP: Real: per Capita 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: Real. GDP per capita is gross domestic product divided by midyear population. 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 constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Panama PA: GDP: Real: per Capita data was reported at 9,802.630 PAB in 2017. This records an increase from the previous number of 9,452.934 PAB for 2016. Panama PA: GDP: Real: per Capita data is updated yearly, averaging 3,954.223 PAB from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 9,802.630 PAB in 2017 and a record low of 1,821.652 PAB in 1960. Panama PA: GDP: Real: per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank.WDI: Gross Domestic Product: Real. GDP per capita is gross domestic product divided by midyear population. 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 constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Trinidad and Tobago TT: GDP: Real data was reported at 154,723.088 TTD mn in 2017. This records a decrease from the previous number of 158,423.892 TTD mn for 2016. Trinidad and Tobago TT: GDP: Real data is updated yearly, averaging 67,323.404 TTD mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 168,459.104 TTD mn in 2015 and a record low of 31,475.496 TTD mn in 1960. Trinidad and Tobago TT: GDP: Real data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Trinidad and Tobago – Table TT.World Bank: Gross Domestic Product: Real. 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 constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Trinidad and Tobago TT: GDP: Real: per Capita data was reported at 113,008.738 TTD in 2017. This records a decrease from the previous number of 116,064.691 TTD for 2016. Trinidad and Tobago TT: GDP: Real: per Capita data is updated yearly, averaging 58,731.838 TTD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 125,534.041 TTD in 2008 and a record low of 37,096.376 TTD in 1960. Trinidad and Tobago TT: GDP: Real: per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Trinidad and Tobago – Table TT.World Bank.WDI: Gross Domestic Product: Real. GDP per capita is gross domestic product divided by midyear population. 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 constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

In 2024, the real gross domestic product (GDP) in Vietnam grew by approximately **** percent, marking the highest growth rate in Southeast Asia. In comparison, Myanmar's real GDP growth rate dropped by **** percent. Southeast Asia, a tapestry of economic and cultural complexity Historically a critical component of global trade, Southeast Asia is a diverse region with heterogeneous economies. The region comprises ** countries in total. While Singapore is a highly developed country economy and Brunei has a relatively high GDP per capita, the rest of the Southeast Asian countries are characterized by lower GDPs per capita and have yet to overcome the middle-income trap. Malaysia is one of these countries, having reached the middle-income level for many decades but yet to grow incomes proportionally to its economic development. Nevertheless, Southeast Asia’s young population will further drive economic growth across the region’s markets. ASEAN’s economic significance Aiming to promote economic growth, social progress, cultural development, and regional stability, all Southeast Asian countries except for Timor-Leste are part of the political and economic union Association of Southeast Asian Nations (ASEAN). Even though many concerns surround the union, ASEAN has avoided trade conflicts and is one of the largest and most dynamic trade zones globally. Factors such as the growing young population, high GDP growth, a largely positive trade balance, and exemplary regional integration hold great potential for future economic development in Southeast Asia.

In 2020, global gross domestic product declined by 6.7 percent as a result of the coronavirus (COVID-19) pandemic outbreak. In Latin America, overall GDP loss amounted to 8.5 percent.

Greece GR: GDP: Real data was reported at 187,088.559 EUR mn in 2017. This records an increase from the previous number of 184,594.087 EUR mn for 2016. Greece GR: GDP: Real data is updated yearly, averaging 146,505.907 EUR mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 250,720.705 EUR mn in 2007 and a record low of 42,651.094 EUR mn in 1960. Greece GR: GDP: Real data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greece – Table GR.World Bank.WDI: Gross Domestic Product: Real. 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 constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Luxembourg LU: GDP: Real data was reported at 48,821.003 EUR mn in 2017. This records an increase from the previous number of 47,724.326 EUR mn for 2016. Luxembourg LU: GDP: Real data is updated yearly, averaging 17,240.967 EUR mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 48,821.003 EUR mn in 2017 and a record low of 6,420.950 EUR mn in 1960. Luxembourg LU: GDP: Real data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank: Gross Domestic Product: Real. 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 constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

The average for 2024 based on 102 countries was 66.87 percent. The highest value was in Somalia: 123.99 percent and the lowest value was in Brunei: 28.5 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

Iraq IQ: GDP: Real: per Capita data was reported at 5,312,527.800 IQD in 2017. This records a decrease from the previous number of 5,508,587.840 IQD for 2016. Iraq IQ: GDP: Real: per Capita data is updated yearly, averaging 2,711,207.835 IQD from Dec 1968 (Median) to 2017, with 50 observations. The data reached an all-time high of 5,508,587.840 IQD in 2016 and a record low of 1,367,824.880 IQD in 1991. Iraq IQ: GDP: Real: per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iraq – Table IQ.World Bank: Gross Domestic Product: Real. GDP per capita is gross domestic product divided by midyear population. 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 constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

The average for 2024 based on 73 countries was 4.99 percent. The highest value was in Brazil: 35.09 percent and the lowest value was in Argentina: -47.48 percent. The indicator is available from 1961 to 2024. Below is a chart for all countries where data are available.

The average for 2024 based on 175 countries was 5.68 index points. The highest value was in Haiti: 10 index points and the lowest value was in Denmark: 0.2 index points. The indicator is available from 2007 to 2024. Below is a chart for all countries where data are available.