100+ datasets found
  1. Countries with the largest gross domestic product (GDP) 2025

    • statista.com
    • ai-chatbox.pro
    • +1more
    Updated May 28, 2025
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    Statista (2025). Countries with the largest gross domestic product (GDP) 2025 [Dataset]. https://www.statista.com/statistics/268173/countries-with-the-largest-gross-domestic-product-gdp/
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    Dataset updated
    May 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2025
    Area covered
    World
    Description

    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.

  2. T

    GDP by Country in AMERICA

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 30, 2017
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    TRADING ECONOMICS (2017). GDP by Country in AMERICA [Dataset]. https://tradingeconomics.com/country-list/gdp?continent=america
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    csv, excel, xml, jsonAvailable download formats
    Dataset updated
    May 30, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    United States
    Description

    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.

  3. G

    Percent of world GDP by country, around the world | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Nov 18, 2016
    + more versions
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    Globalen LLC (2016). Percent of world GDP by country, around the world | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/gdp_share/
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    xml, excel, csvAvailable download formats
    Dataset updated
    Nov 18, 2016
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1980 - Dec 31, 2023
    Area covered
    World, World
    Description

    The average for 2023 based on 184 countries was 0.54 percent. The highest value was in the USA: 26.47 percent and the lowest value was in Andorra: 0 percent. The indicator is available from 1980 to 2023. Below is a chart for all countries where data are available.

  4. Rankings of Countries Dataset

    • kaggle.com
    Updated Jul 17, 2023
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    Shuv😈 (2023). Rankings of Countries Dataset [Dataset]. https://www.kaggle.com/datasets/shuvammandal121/global-country-rankings-dataset
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    CroissantCroissant is a format for machine-learning datasets. Learn more about this at mlcommons.org/croissant.
    Dataset updated
    Jul 17, 2023
    Dataset provided by
    Kagglehttp://kaggle.com/
    Authors
    Shuv😈
    Description

    Content

    The "Global Country Rankings Dataset" is a comprehensive collection of metrics and indicators that ranks countries worldwide based on their socioeconomic performance. This datasets are providing valuable insights into the relative standings of nations in terms of key factors such as GDP per capita, economic growth, and various other relevant criteria.

    Researchers, analysts, and policymakers can leverage this dataset to gain a deeper understanding of the global economic landscape and track the progress of countries over time. The dataset covers a wide range of metrics, including but not limited to:

    Economic growth: the rate of change of real GDP- Country rankings: The average for 2021 based on 184 countries was 5.26 percent.The highest value was in the Maldives: 41.75 percent and the lowest value was in Afghanistan: -20.74 percent. The indicator is available from 1961 to 2021.

    GDP per capita, Purchasing Power Parity - Country rankings: The average for 2021 based on 182 countries was 21283.21 U.S. dollars.The highest value was in Luxembourg: 115683.49 U.S. dollars and the lowest value was in Burundi: 705.03 U.S. dollars. The indicator is available from 1990 to 2021.

    GDP per capita, current U.S. dollars - Country rankings: The average for 2021 based on 186 countries was 17937.03 U.S. dollars.The highest value was in Monaco: 234315.45 U.S. dollars and the lowest value was in Burundi: 221.48 U.S. dollars. The indicator is available from 1960 to 2021.

    GDP per capita, constant 2010 dollars - Country rankings: The average for 2021 based on 184 countries was 15605.8 U.S. dollars.The highest value was in Monaco: 204190.16 U.S. dollars and the lowest value was in Burundi: 261.02 U.S. dollars. The indicator is available from 1960 to 2021.

    source: https://www.theglobaleconomy.com/

  5. T

    GDP by Country Dataset

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jun 29, 2011
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    TRADING ECONOMICS (2011). GDP by Country Dataset [Dataset]. https://tradingeconomics.com/country-list/gdp
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    csv, json, xml, excelAvailable download formats
    Dataset updated
    Jun 29, 2011
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    World
    Description

    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.

  6. G

    GDP per capita, constant dollars in | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Mar 6, 2018
    + more versions
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    Globalen LLC (2018). GDP per capita, constant dollars in | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/gdp_per_capita_constant_dollars/1000/
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    xml, csv, excelAvailable download formats
    Dataset updated
    Mar 6, 2018
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2023
    Area covered
    World
    Description

    The average for 2023 based on 180 countries was 14679.8 U.S. dollars. The highest value was in Luxembourg: 105996.66 U.S. dollars and the lowest value was in Burundi: 262.17 U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

  7. T

    GDP by Country in EUROPE

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Mar 15, 2025
    + more versions
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    TRADING ECONOMICS (2025). GDP by Country in EUROPE [Dataset]. https://tradingeconomics.com/country-list/gdp?continent=europe
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    csv, xml, json, excelAvailable download formats
    Dataset updated
    Mar 15, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    Europe
    Description

    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.

  8. WWII: pre-war GDP of selected countries and regions 1938

    • statista.com
    Updated Jan 1, 1998
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    Statista (1998). WWII: pre-war GDP of selected countries and regions 1938 [Dataset]. https://www.statista.com/statistics/1334182/wwii-pre-war-gdp/
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    Dataset updated
    Jan 1, 1998
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    1938
    Area covered
    World
    Description

    In 1938, the year before the Second World War, the United States had, by far, the largest economy in the world in terms of gross domestic product (GDP). The five Allied Great Powers that emerged victorious from the war, along with the three Axis Tripartite Pact countries that were ultimately defeated made up the eight largest independent economies in 1938.

    When values are converted into 1990 international dollars, the U.S. GDP was over 800 billion dollars in 1938, which was more than double that of the second largest economy, the Soviet Union. Even the combined economies of the UK, its dominions, and colonies had a value of just over 680 billion 1990 dollars, showing that the United States had established itself as the world's leading economy during the interwar period (despite the Great Depression).

    Interestingly, the British and Dutch colonies had larger combined GDPs than their respective metropoles, which was a key motivator for the Japanese invasion of these territories in East Asia during the war. Trade with neutral and non-belligerent countries also contributed greatly to the economic development of Allied and Axis powers throughout the war; for example, natural resources from Latin America were essential to the American war effort, while German manufacturing was often dependent on Swedish iron supplies.

  9. T

    GDP by Country in ASIA

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jun 20, 2025
    + more versions
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    TRADING ECONOMICS (2025). GDP by Country in ASIA [Dataset]. https://tradingeconomics.com/country-list/gdp?continent=asia
    Explore at:
    xml, json, csv, excelAvailable download formats
    Dataset updated
    Jun 20, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    Asia
    Description

    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.

  10. Countries with the lowest estimated GDP per capita 2024

    • statista.com
    • ai-chatbox.pro
    Updated May 28, 2025
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    Statista (2025). Countries with the lowest estimated GDP per capita 2024 [Dataset]. https://www.statista.com/statistics/256547/the-20-countries-with-the-lowest-gdp-per-capita/
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    Dataset updated
    May 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    Worldwide
    Description

    19 of the 20 countries with the lowest estimated GDP per capita in the world in 2024 are located in Sub-Saharan Africa. South Sudan is believed to have a GDP per capita of just 351.02 U.S. dollars - for reference, Luxembourg has the highest GDP per capita in the world, at almost 130,000 U.S. dollars, which is around 400 times larger than that of Burundi (U.S. GDP per capita is over 250 times higher than Burundi's). Poverty in Sub-Saharan Africa Many parts of Sub-Saharan Africa have been among the most impoverished in the world for over a century, due to lacking nutritional and sanitation infrastructures, persistent conflict, and political instability. These issues are also being exacerbated by climate change, where African nations are some of the most vulnerable in the world, as well as the population boom that will place over the 21st century. Of course, the entire population of Sub-Saharan Africa does not live in poverty, and countries in the southern part of the continent, as well as oil-producing states around the Gulf of Guinea, do have some pockets of significant wealth (especially in urban areas). However, while GDP per capita may be higher in these countries, wealth distribution is often very skewed, and GDP per capita figures are not representative of average living standards across the population. Outside of Africa Yemen is the only country outside of Africa to feature on the list, due to decades of civil war and instability. Yemen lags very far behind some of its neighboring Arab states, some of whom rank among the richest in the world due to their much larger energy sectors. Additionally, the IMF does not make estimates for Afghanistan, which would also likely feature on this list.

  11. M

    World GDP

    • macrotrends.net
    csv
    Updated May 31, 2025
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    MACROTRENDS (2025). World GDP [Dataset]. https://www.macrotrends.net/global-metrics/countries/wld/world/gdp-gross-domestic-product
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    csvAvailable download formats
    Dataset updated
    May 31, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    world, World
    Description
    World GDP for 2023 was 100.000 trillion US dollars, a 0% increase from 2022.
    <ul style='margin-top:20px;'>
    
    <li>World GDP for 2022 was <strong>100.000 trillion US dollars</strong>, a <strong>2.2% increase</strong> from 2021.</li>
    <li>World GDP for 2021 was <strong>97.848 trillion US dollars</strong>, a <strong>14.09% increase</strong> from 2020.</li>
    <li>World GDP for 2020 was <strong>85.763 trillion US dollars</strong>, a <strong>2.71% decline</strong> from 2019.</li>
    </ul>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 current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
    
  12. T

    GDP by Country in AFRICA

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 27, 2017
    + more versions
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    TRADING ECONOMICS (2017). GDP by Country in AFRICA [Dataset]. https://tradingeconomics.com/country-list/gdp?continent=africa
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    xml, json, csv, excelAvailable download formats
    Dataset updated
    May 27, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    Africa
    Description

    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.

  13. GDP of African countries 2024, by country

    • statista.com
    • ai-chatbox.pro
    Updated Apr 24, 2025
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    Statista (2025). GDP of African countries 2024, by country [Dataset]. https://www.statista.com/statistics/1120999/gdp-of-african-countries-by-country/
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    Dataset updated
    Apr 24, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    Africa
    Description

    South Africa's GDP was estimated at just over 403 billion U.S. dollars in 2024, the highest in Africa. Egypt followed, with a GDP worth around 380 billion U.S. dollars, and ranked as the second-highest on the continent. Algeria ranked third, with about 260 billion U.S. dollars. These African economies are among some of the fastest-growing economies worldwide. Dependency on oil For some African countries, the oil industry represents an enormous source of income. In Nigeria, oil generates over five percent of the country’s GDP in the third quarter of 2023. However, economies such as the Libyan, Algerian, or Angolan are even much more dependent on the oil sector. In Libya, for instance, oil rents account for over 40 percent of the GDP. Indeed, Libya is one of the economies most dependent on oil worldwide. Similarly, oil represents for some of Africa’s largest economies a substantial source of export value. The giants do not make the ranking Most of Africa’s largest economies do not appear in the leading ten African countries for GDP per capita. The GDP per capita is calculated by dividing a country’s GDP by its population. Therefore, a populated country with a low total GDP will have a low GDP per capita, while a small rich nation has a high GDP per capita. For instance, South Africa has Africa’s highest GDP, but also counts the sixth-largest population, so wealth has to be divided into its big population. The GDP per capita also indicates how a country’s wealth reaches each of its citizens. In Africa, Seychelles has the greatest GDP per capita.

  14. M

    World GDP Per Capita

    • macrotrends.net
    csv
    Updated May 31, 2025
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    MACROTRENDS (2025). World GDP Per Capita [Dataset]. https://www.macrotrends.net/global-metrics/countries/WLD/world/gdp-per-capita
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    csvAvailable download formats
    Dataset updated
    May 31, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    world, World
    Description
    World GDP per capita for 2023 was $13,170, a 3.39% increase from 2022.
    <ul style='margin-top:20px;'>
    
    <li>World GDP per capita for 2022 was <strong>$12,737</strong>, a <strong>3.11% increase</strong> from 2021.</li>
    <li>World GDP per capita for 2021 was <strong>$12,353</strong>, a <strong>13.15% increase</strong> from 2020.</li>
    <li>World GDP per capita for 2020 was <strong>$10,917</strong>, a <strong>3.69% decline</strong> from 2019.</li>
    </ul>GDP per capita is gross domestic product divided by midyear population. 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 U.S. dollars.
    
  15. G

    GDP per capita, PPP in High income countries (World Bank classification) |...

    • theglobaleconomy.com
    csv, excel, xml
    Updated Feb 2, 2021
    + more versions
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    Globalen LLC (2021). GDP per capita, PPP in High income countries (World Bank classification) | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/gdp_per_capita_ppp/WB-high/
    Explore at:
    excel, xml, csvAvailable download formats
    Dataset updated
    Feb 2, 2021
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1990 - Dec 31, 2023
    Area covered
    World
    Description

    The average for 2023 based on 62 countries was 56418 U.S. dollars. The highest value was in Luxembourg: 130491 U.S. dollars and the lowest value was in Palau: 15797 U.S. dollars. The indicator is available from 1990 to 2023. Below is a chart for all countries where data are available.

  16. G

    Current account, percent of GDP by country, around the world |...

    • theglobaleconomy.com
    csv, excel, xml
    Updated Apr 24, 2015
    + more versions
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    Globalen LLC (2015). Current account, percent of GDP by country, around the world | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/current_account/
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    excel, xml, csvAvailable download formats
    Dataset updated
    Apr 24, 2015
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    World, World
    Description

    The average for 2022 based on 175 countries was -2.64 percent. The highest value was in Kiribati: 35.68 percent and the lowest value was in Palau: -60.03 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

  17. M

    Data from: U.S. GDP

    • macrotrends.net
    csv
    Updated May 31, 2025
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    MACROTRENDS (2025). U.S. GDP [Dataset]. https://www.macrotrends.net/global-metrics/countries/usa/united-states/gdp-gross-domestic-product
    Explore at:
    csvAvailable download formats
    Dataset updated
    May 31, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    United States
    Description
    U.S. GDP for 2023 was 27.721 trillion US dollars, a 6.59% increase from 2022.
    <ul style='margin-top:20px;'>
    
    <li>U.S. GDP for 2022 was <strong>26.007 trillion US dollars</strong>, a <strong>9.82% increase</strong> from 2021.</li>
    <li>U.S. GDP for 2021 was <strong>23.681 trillion US dollars</strong>, a <strong>10.9% increase</strong> from 2020.</li>
    <li>U.S. GDP for 2020 was <strong>21.354 trillion US dollars</strong>, a <strong>0.86% decline</strong> from 2019.</li>
    </ul>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 current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
    
  18. T

    GDP PER CAPITA PPP by Country in EUROPE

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 28, 2017
    + more versions
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    TRADING ECONOMICS (2017). GDP PER CAPITA PPP by Country in EUROPE [Dataset]. https://tradingeconomics.com/country-list/gdp-per-capita-ppp?continent=europe
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    excel, json, csv, xmlAvailable download formats
    Dataset updated
    May 28, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    Europe
    Description

    This dataset provides values for GDP PER CAPITA PPP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  19. Countries with the largest gross domestic product at purchasing power parity...

    • statista.com
    • ai-chatbox.pro
    Updated Aug 9, 2024
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    Statista (2024). Countries with the largest gross domestic product at purchasing power parity 2017 [Dataset]. https://www.statista.com/statistics/264575/countries-with-the-largest-gross-domestic-product-gdp-at-purchasing-power-parity/
    Explore at:
    Dataset updated
    Aug 9, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2017
    Area covered
    Worldwide
    Description

    The statistic shows a ranking of the 20 countries with the largest gross domestic product (GDP) at purchasing power parity in 2017. In 2017, Thailand ranked 20th with a PPP-adjusted GDP of about 1,240.05 billion U.S. dollars.

  20. G

    Trade openness by country, around the world | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Mar 21, 2016
    + more versions
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    Globalen LLC (2016). Trade openness by country, around the world | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/trade_openness/
    Explore at:
    excel, csv, xmlAvailable download formats
    Dataset updated
    Mar 21, 2016
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2023
    Area covered
    World, World
    Description

    The average for 2023 based on 154 countries was 95 percent. The highest value was in Luxembourg: 394.22 percent and the lowest value was in Sudan: 2.47 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

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Statista (2025). Countries with the largest gross domestic product (GDP) 2025 [Dataset]. https://www.statista.com/statistics/268173/countries-with-the-largest-gross-domestic-product-gdp/
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Countries with the largest gross domestic product (GDP) 2025

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78 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
May 28, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
2025
Area covered
World
Description

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.

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