Brazilian and Indian share prices became the highest performing of the major developed and emerging economies as of June 2023, with index values of 235.25 and 230.91 respectively in that month. Conversely, the lowest-performing were China and the Germany, both with index values of 86.98 and 113.04 respectively at this time. The index value is calculated with 2015 values as the baseline (i.e. 2015 = 100).

The statistic shows the ifo World Economic Climate Index from the fourth quarter 2017 to the fourth quarter of 2019. In the fourth quarter of 2019, the ifo World Economic Climate Index reached a value of -18.8.

The global economy and globalization

The global economy includes the economies of all nations and countries. Its key figures and values are often represented in US dollars; the United States is the world’s largest economy, leading the ranking of the countries with the largest gross domestic product / GDP. Gross domestic product is considered to be the most important factor when it comes to an economy’s strength and power.

Apart from gross domestic product, other indicators for the state of the world economy are GDP per capita and the GDP growth rate, inflation rate, unemployment rate, median income (which shows the purchasing power parity of a country) and trade balance (imports and exports). Global debt, as calculated from the amount of national debt of all countries, is also an important factor.

One term that is inevitably connected to the global economy is “globalization”, the global expansion of national or local economy. Globalization is a controversial topic. Many critics believe that it leads to the demise of local businesses and industries and thus only benefits large companies and conglomerates, who, in their aim to expand, open subsidiaries all over the world. A significant part of globalization is outsourcing, which leads to job loss in certain areas and cheap labor in others.

The global economy suffered a setback in 2009 when the financial crisis hit and left several countries in severe financial distress. Growth of the global gross domestic product / gdp shows a deficit that year, but it has been back to stable values since.

This statistic shows the 20 countries with the highest growth of the gross domestic product (GDP) in 2023. In 2023, Guyana ranked 2nd with an estimated GDP growth of approximately 32.96 percent compared to the previous year. GDP around the world Gross domestic product (GDP) is an indicator of the monetary value of all goods and services produced by a nation in a specific time period. GDP is a strong index of a country’s economic strength - the higher the GDP of a nation, the stronger that country’s economy. The countries in the world with the highest GDP or GDP per capita are mainly developed and emerging countries, with global gross domestic product amounting to nearly 75 trillion U.S. dollars. As of 2016, the United States is the nation in the world with the highest GDP with more than 18.56 trillion U.S. dollars, which makes up more than 15.7 percent of the global GDP. The countries with the lowest gross domestic product per capita in 2014 were mainly African nations. The country in the world with the lowest GDP per capita in 2016 was South Sudan, followed by Malawi, and Burundi. However, several economically struggling African and Asian countries such as Myanmar, Côte d'Ivoire, Bhutan, and India reported the highest growth of the gross domestic product in 2016. Also in the top 20 nations with the highest growth of the GDP is China. In 2016, the GDP in China was the second highest GDP in the world. It is estimated that by 2019 the GDP in China will grow by 6 percent. Based on this estimate, GDP in China will be at around 14.6 trillion U.S. dollars by 2019.

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.

In July 2024, the merchandise exports index worldwide, excluding the U.S., stood at 204.8. This is compared to an index value of 143 for the United States in the same month. The index was highest in emerging economies, reaching an index score of 353. Moreover, the merchandise imports index was also highest in emerging economies. The merchandise exports index is the U.S. dollar value of goods sold to the rest of the world, deflated by the U.S. Consumer Price Index (CPI).

In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

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 18743.80 billion US dollars in 2024, according to official data from the World Bank. The GDP value of China represents 17.65 percent of the world economy. This dataset provides - China GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in the United States was worth 29184.89 billion US dollars in 2024, according to official data from the World Bank. The GDP value of the United States represents 27.49 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Japan was worth 4026.21 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Japan represents 3.79 percent of the world economy. This dataset provides - Japan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.

The Gross Domestic Product (GDP) in South Korea was worth 1712.79 billion US dollars in 2023, according to official data from the World Bank. The GDP value of South Korea represents 1.62 percent of the world economy. This dataset provides - South Korea GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 the 20 countries with the largest proportion of the global gross domestic product (GDP) based on Purchasing Power Parity (PPP) in 2024. In 2023, Germany had an estimated share of about 3.06 percent of the global GDP.

The Economic Indicator Service (EIS) aims to deliver economic content to financial institutions on both buy and sell-side and service providers. This new service currently covers 34,351 recurring macro-economic indicators from 135 countries ( as of December 16, 2019 ) such as GDP data, unemployment releases, PMI numbers etc.

Economic Indicator Service gathers the major economic events from a variety of regions and countries around the globe and provides an Economic Events Data feed and Economic Calendar service to our clients. This service includes all previous historic data on economic indicators that are currently available on the database.

Depending on availability, information regarding economic indicators, including the details of the issuing agency as well as historical data series can be made accessible for the client. Key information about EIS: • Cloud-based service for Live Calendar – delivered via HTML/JavaScript application formats, which can then be embedded onto any website using iFrames • Alternatives methods available – such as API and JSON feed for the economic calendar that can be integrated into the company’s system • Live data – updated 24/5, immediately after the data has been released • Historical data – includes a feed of all previous economic indicators available We are currently adding additional indicators/countries from Africa as well as expanding our coverage of Indicators in G20. The calendar includes the following. • Recurring & Non-recurring indicators covering 136 countries across 21 regions. • Indicators showing high, medium, and low impact data. • Indicators showing actual, previous, and forecast data. • Indicators can be filtered across 16 subtypes. • News generation for selected high-impact data. • Indicator description and historical data up to the latest eight historical points with a chart.

Global Sharing Economy market size was USD 145.22 Billion in 2022. Sharing Economy Industry's Compound Annual Growth Rate will be 32.6% from 2023 to 2030. What is driving the Sharing Economy Market?

The proliferation of advanced digital platforms and devices

In recent years, the sharing economy has changed the way individuals share and conduct transactions in digital areas. The recent technological advancements have enabled transactions to take place on demand, to be precisely measurable in time and thus more scalable, and to be dynamically matched through an online platform. Advanced digital platforms and devices, such as smartphones and high-speed internet, have increased connectivity. This connectivity enables sharing economy platforms to connect providers and consumers effortlessly. People can easily access sharing economy services through mobile apps or websites, facilitating resource and service sharing. Digital platforms provide users with easy access to information about available resources and services. Through sharing economy platforms, individuals can quickly find and compare options, making it convenient to rent or share assets. The availability of detailed listings, photos, reviews, and ratings helps users make informed decisions and build trust in the sharing economy ecosystem. The companies in the sharing economy are growing as a result of profound shifts in consumer behavior. One of the major players in sharing economy is Uber which has in just a few years completely transformed industries and became the largest player in the sharing economy. Uber manages around 157 000 rides globally on an average day. According to Uber, 131 million people used Uber in 2022, an 11% increase by 2021. Moreover, the increasing adoption of smartphones is supporting the growth of the sharing economy. Smartphones provide individuals with constant access to sharing economy platforms, enabling on-the-go booking, real-time communication with service providers, and instant updates. The convenience and mobility offered by smartphones have significantly expanded the reach and usage of sharing economy services. According to the source GSMA Intelligence, smartphones accounted for 68% of total mobile connections in 2020,8 compared to 64% in 2019 and 47% in 2016 across the world. Thus, the increasing usage of smartphones globally led to adopt the digital platforms, which in turn fuels the growth of the sharing economy. Furthermore, the development of advanced digital platforms prioritizes user experience and offers intuitive interfaces by allowing individuals to easily navigate and interact with the platforms. Companies are increasingly expanding their business in the shared mobility industry and developing innovative platforms for users. For instance, Force Motors launched a next-generation shared mobility platform called Urbania. The simplicity and convenience of these platforms make it easy for users to engage in sharing activities, accelerating the growth of the sharing economy market. These technological advancements for the development of cost-effective products have been contributing to driving the growth and adoption of sharing economy services.

Changing consumer preferences fuels the market growth


Rising focus on sustainability and environmental consciousness (Access Detailed Analysis in the Full Report Version)


Substantial growth of the entertainment industry (Access Detailed Analysis in the Full Report Version)

Introduction of Sharing Economy

The sharing economy is an economic model defined as a peer-to-peer (P2P) based activity of providing, acquiring, or sharing access to goods and services that is often facilitated by a community-based online platform. Sharing economy (SE) is a relatively new field of economics, gaining more traction from various industries. It has several applications in materials, transportation, hospitality, and sharing of information and knowledge. SE is related to various economic and environmental aspects such as sustainability, environment-friendly practices, circularity, less production, and more responsible use of resources. Sharing economy helps connect goods and services seekers with their providers using technology. It helps businesses reduce costs and increase efficiency along with environment-friendly choices for consumers. Further, some prominent factors that led to the boost of economy sharing are...

The average for 2019 based on 141 countries was 4.07 points. The highest value was in Singapore: 6.5 points and the lowest value was in Chad: 1.9 points. The indicator is available from 2006 to 2019. Below is a chart for all countries where data are available.

Japan Large Scale Retailers Sales: Mie data was reported at 4.543 JPY bn in Jan 2020. This records a decrease from the previous number of 5.224 JPY bn for Dec 2019. Japan Large Scale Retailers Sales: Mie data is updated monthly, averaging 4.018 JPY bn from May 2014 (Median) to Jan 2020, with 69 observations. The data reached an all-time high of 6.282 JPY bn in Sep 2019 and a record low of 2.861 JPY bn in Oct 2019. Japan Large Scale Retailers Sales: Mie data remains active status in CEIC and is reported by Ministry of Economy, Trade and Industry. The data is categorized under Global Database’s Japan – Table JP.H009: Large Scale Specialty Retail Stores: Sales.

Japan Large Scale Retailers Sales: Shiga data was reported at 3.540 JPY bn in Jan 2020. This records a decrease from the previous number of 4.394 JPY bn for Dec 2019. Japan Large Scale Retailers Sales: Shiga data is updated monthly, averaging 3.325 JPY bn from May 2014 (Median) to Jan 2020, with 69 observations. The data reached an all-time high of 5.216 JPY bn in Sep 2019 and a record low of 2.520 JPY bn in Oct 2019. Japan Large Scale Retailers Sales: Shiga data remains active status in CEIC and is reported by Ministry of Economy, Trade and Industry. The data is categorized under Global Database’s Japan – Table JP.H009: Large Scale Specialty Retail Stores: Sales.

The Gross Domestic Product (GDP) in Vietnam was worth 476.39 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Vietnam represents 0.45 percent of the world economy. This dataset provides the latest reported value for - Vietnam GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.