Singapore led the Index of Economic Freedom in 2024, with an index score of 83.5 out of 100. Switzerland, Ireland, Taiwan, and Luxembourg rounded out the top five. Economic Freedom Index In order to calculate the Economic Freedom Index, the source takes 12 different factors into account, including the rule of law, government size, regulatory efficiency, and open markets. All 12 factors are rated on a scale of zero to 100 and are weighted equally. Every country is rated within the Index in order to provide insight into the health and freedom of the global economy. Singapore's economy Singapore is one of the four so-called Asian Tigers, a term used to describe four countries in Asia that saw a booming economic development from the 1950s to the early 1990. Today, the City-State is known for its many skyscrapers, and its economy continue to boom. It has one of the lowest tax-rates in the Asia-Pacific region, and continues to be open towards foreign direct investment (FDI). Moreover, Singapore has one of the highest trade-to-GDP ratios worldwide, underlining its export-oriented economy. Finally, its geographic location has given it a strategic position as a center connecting other countries in the region with the outside world. However, the economic boom has come at a cost, with the city now ranked among the world's most expensive.

The size of the five original BRICS economies in 2023 - Brazil, Russia, China, India, South Africa - is comparable to the United States and the EU-27 put together. On a PPP (purchasing power parity) basis, China ranks as the world's largest economy. India takes up the economic parity of about **** the EU-27. The rise of these developing economies gave rise to questions on the role the United States plays in international trade and cross-border finance. FX reserve managers around the world expect to shift their holdings towards the Chinese yuan in the long term, as of 2023.

In 2024, Brazil and Mexico were expected to be the countries with the largest gross domestic product (GDP) in Latin America and the Caribbean. In that year, Brazil's GDP could reach an estimated value of 2.4 trillion U.S. dollars, whereas Mexico's amounted to almost two trillion U.S. dollars. GDP is the total value of all goods and services produced in a country in a given year. It measures the economic strength of a country and a positive change indicates economic growth.

United States US: GDP: PPP data was reported at 19,390,604.000 Intl $ mn in 2017. This records an increase from the previous number of 18,624,475.000 Intl $ mn for 2016. United States US: GDP: PPP data is updated yearly, averaging 11,892,799.000 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 19,390,604.000 Intl $ mn in 2017 and a record low of 5,979,589.000 Intl $ mn in 1990. United States US: GDP: PPP 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: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. 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 current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;

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 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.

Trinidad and Tobago TT: GDP: PPP data was reported at 43,233.782 Intl $ mn in 2017. This records a decrease from the previous number of 43,485.445 Intl $ mn for 2016. Trinidad and Tobago TT: GDP: PPP data is updated yearly, averaging 26,469.902 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 45,657.491 Intl $ mn in 2015 and a record low of 9,678.766 Intl $ mn in 1990. Trinidad and Tobago TT: GDP: PPP 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: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. 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 current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;

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.

The average for 2023 based on 183 countries was 26826 U.S. dollars. The highest value was in Luxembourg: 130491 U.S. dollars and the lowest value was in Burundi: 829 U.S. dollars. The indicator is available from 1990 to 2023. Below is a chart for all countries where data are available.

The United States is the 2 most competitive nation in the world out of 140 countries ranked in the 2019 edition of the Global Competitiveness Report published by the World Economic Forum. This dataset provides the latest reported value for - United States Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Iran was worth 436.91 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Iran represents 0.41 percent of the world economy. This dataset provides - Iran GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Zimbabwe ZW: Ease of Doing Business Index: 1=Most Business-friendly Regulations data was reported at 159.000 NA in 2017. Zimbabwe ZW: Ease of Doing Business Index: 1=Most Business-friendly Regulations data is updated yearly, averaging 159.000 NA from Dec 2017 (Median) to 2017, with 1 observations. Zimbabwe ZW: Ease of Doing Business Index: 1=Most Business-friendly Regulations data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Zimbabwe – Table ZW.World Bank.WDI: Business Environment. Ease of doing business ranks economies from 1 to 190, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; ; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.

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.

For the first time, the full results from the Global Green Economy Index (GGEI) are available in the public domain. Historically, only the aggregate results have been publicly accessible. The full dataset has been paywalled and accessible to our subscribers only. But the way in which we release GGEI data to the public is changing. Read on for a quick explanation for how and why.

First, the how. The GGEI file publicly accessible today represents that dataset officially compiled in 2022. It contains the full results for each of the 18 indicators in the GGEI for 160 countries, across the four main dimensions of climate change & social equity, sector decarbonization, markets & ESG investment and the environment. Some (not all) of these data points have since been updated, as new datasets have been published. The GGEI is a dynamic model, updating in real-time as new data becomes available. Our subscribing clients will still receive this most timely version of the model, along with any customizations they may request.

Now, the why. First and foremost, there is huge demand among academic researchers globally for the full GGEI dataset. Academic inquiry around the green transition, sustainable development, ESG investing, and green energy systems has exploded over the past several years. We receive hundreds of inquiries annually from these students and researchers to access the full GGEI dataset. Making it publicly accessible as we are today makes it easier for these individuals and institutions to use these GGEI to promote learning and green progress within their institutions.

More broadly, the landscape for data has changed significantly. A decade ago when the GGEI was first published, datasets existed more in silos and users might subscribe to one specific dataset like the GGEI to answer a specific question. But today, data usage in the sustainability space has become much more of a system, whereby myriad data sources are synthesized into increasingly sophisticated models, often fueled by artificial intelligence. Making the GGEI more accessible will accelerate how this perspective on the global green economy can be integrated to these systems.

Dataset from Economic Development Board. For more information, visit https://data.gov.sg/datasets/d_3d5e132e513b95c500ff006cdf96c86e/view

The average for 2024 based on 175 countries was 4.98 index points. The highest value was in Samoa: 10 index points and the lowest value was in Australia: 0.3 index points. The indicator is available from 2007 to 2024. Below is a chart for all countries where data are available.

Historical chart and dataset showing U.S. GDP by year from 1960 to 2023.

The Fiscal Monitor surveys and analyzes the latest public finance developments, it updates fiscal implications of the crisis and medium-term fiscal projections, and assesses policies to put public finances on a sustainable footing.

Country-specific data and projections for key fiscal variables are based on the April 2020 World Economic Outlook database, unless indicated otherwise, and compiled by the IMF staff. Historical data and projections are based on information gathered by IMF country desk officers in the context of their missions and through their ongoing analysis of the evolving situation in each country; they are updated on a continual basis as more information becomes available. Structural breaks in data may be adjusted to produce smooth series through splicing and other techniques. IMF staff estimates serve as proxies when complete information is unavailable. As a result, Fiscal Monitor data can differ from official data in other sources, including the IMF's International Financial Statistics.

The country classification in the Fiscal Monitor divides the world into three major groups: 35 advanced economies, 40 emerging market and middle-income economies, and 40 low-income developing countries. The seven largest advanced economies as measured by GDP (Canada, France, Germany, Italy, Japan, United Kingdom, United States) constitute the subgroup of major advanced economies, often referred to as the Group of Seven (G7). The members of the euro area are also distinguished as a subgroup. Composite data shown in the tables for the euro area cover the current members for all years, even though the membership has increased over time. Data for most European Union member countries have been revised following the adoption of the new European System of National and Regional Accounts (ESA 2010). The low-income developing countries (LIDCs) are countries that have per capita income levels below a certain threshold (currently set at $2,700 in 2016 as measured by the World Bank's Atlas method), structural features consistent with limited development and structural transformation, and external financial linkages insufficiently close to be widely seen as emerging market economies. Zimbabwe is included in the group. Emerging market and middle-income economies include those not classified as advanced economies or low-income developing countries. See Table A, "Economy Groupings," for more details.

Most fiscal data refer to the general government for advanced economies, while for emerging markets and developing economies, data often refer to the central government or budgetary central government only (for specific details, see Tables B-D). All fiscal data refer to the calendar years, except in the cases of Bangladesh, Egypt, Ethiopia, Haiti, Hong Kong Special Administrative Region, India, the Islamic Republic of Iran, Myanmar, Nepal, Pakistan, Singapore, and Thailand, for which they refer to the fiscal year.

Composite data for country groups are weighted averages of individual-country data, unless otherwise specified. Data are weighted by annual nominal GDP converted to U.S. dollars at average market exchange rates as a share of the group GDP.

In many countries, fiscal data follow the IMF's Government Finance Statistics Manual 2014. The overall fiscal balance refers to net lending (+) and borrowing ("") of the general government. In some cases, however, the overall balance refers to total revenue and grants minus total expenditure and net lending.

The fiscal gross and net debt data reported in the Fiscal Monitor are drawn from official data sources and IMF staff estimates. While attempts are made to align gross and net debt data with the definitions in the IMF's Government Finance Statistics Manual, as a result of data limitations or specific country circumstances, these data can sometimes deviate from the formal definitions.

Timor-Leste TL: GDP: PPP data was reported at 9,350.313 Intl $ mn in 2017. This records a decrease from the previous number of 9,983.745 Intl $ mn for 2016. Timor-Leste TL: GDP: PPP data is updated yearly, averaging 9,210.065 Intl $ mn from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 11,753.679 Intl $ mn in 2012 and a record low of 2,285.374 Intl $ mn in 2000. Timor-Leste TL: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Timor-Leste – Table TL.World Bank: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. 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 current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;

Full-Service Airline Market Outlook

The global full-service airline market size is projected to grow from USD 750 billion in 2023 to USD 1,100 billion by 2032, at a compound annual growth rate (CAGR) of 4.2%. This growth is chiefly driven by increasing consumer preferences for enhanced in-flight experiences, rising disposable incomes, and expanding global travel infrastructure.

A significant growth factor in the full-service airline market is the increasing demand for premium travel experiences. Consumers are showing a greater willingness to pay for enhanced services such as gourmet meals, extra legroom, and superior in-flight entertainment. This shift is particularly pronounced among business travelers and affluent consumers, who prioritize comfort and convenience during long-haul flights. Additionally, airlines are continuously investing in upgrading their fleets with modern, fuel-efficient aircraft that offer better amenities, further driving the market growth.

The growing middle class in emerging economies is another critical driver for the full-service airline market. With increasing disposable incomes, more people can afford to travel by air, and they often prefer full-service airlines for their comfort and additional services. Regions like Asia-Pacific and Latin America are witnessing a surge in air travel due to economic growth, urbanization, and enhanced connectivity. This burgeoning demand in emerging economies provides a substantial growth opportunity for full-service airlines to expand their operations and capture a larger market share.

Technological advancements also play a pivotal role in the growth of the full-service airline market. Innovations such as online check-in, advanced booking systems, and the use of artificial intelligence for personalized services have greatly enhanced the passenger experience. Airlines are adopting these technologies to streamline operations, reduce costs, and offer tailored services to passengers. The integration of IoT (Internet of Things) in aircraft for real-time monitoring and predictive maintenance ensures higher operational efficiency and safety, thus boosting consumer confidence and market growth.

On the regional front, North America and Europe are expected to continue dominating the full-service airline market due to their well-established travel infrastructures and high demand for both business and leisure travel. However, the Asia-Pacific region is anticipated to exhibit the highest growth rate, owing to increasing economic activity, rising disposable incomes, and a growing middle-class population. Investments in airport infrastructure and government initiatives to boost tourism further augment the market prospects in these regions.

Service Class Analysis

In the full-service airline market, service class segmentation is crucial for understanding consumer preferences and tailoring services accordingly. First Class, Business Class, Premium Economy Class, and Economy Class represent distinct categories, each catering to different passenger needs and expectations. First Class offers the most luxurious experience with spacious seating, gourmet dining, and personalized services. Business Class also provides a high level of comfort with lie-flat seats and premium meals, appealing mainly to corporate travelers. Premium Economy Class bridges the gap between Business and Economy Class, offering more space and better amenities at a relatively lower cost. Economy Class, while being the most affordable, still provides a range of complimentary services to enhance passenger comfort.

The First Class segment, although smaller in volume, contributes significantly to the revenue due to its high ticket prices. This segment attracts affluent travelers and those seeking the utmost comfort during their flights. Airlines are continuously innovating in this segment by offering private suites, exclusive lounges, and high-end amenities. The demand for First Class services is particularly strong on long-haul international routes, where passengers are willing to pay a premium for added privacy and luxury.

Business Class remains a vital segment for full-service airlines, catering primarily to corporate travelers and high-net-worth individuals. This segment has seen substantial growth due to the increasing globalization of businesses and the rising number of business travelers. Airlines are focusing on enhancing Business Class offerings with features like lie-flat seats, direct aisle access, and superior meal services. The introduction of new aircraft with advanced cabin configurations has further