Historical chart and dataset showing OECD members GDP by year from 1960 to 2023.

OECD members GDP per capita for 2023 was $46,724, a 6.13% increase from 2022.

<ul style='margin-top:20px;'>

<li>OECD members GDP per capita for 2022 was <strong>$44,027</strong>, a <strong>2.07% increase</strong> from 2021.</li>
<li>OECD members GDP per capita for 2021 was <strong>$43,134</strong>, a <strong>11.5% increase</strong> from 2020.</li>
<li>OECD members GDP per capita for 2020 was <strong>$38,686</strong>, a <strong>2.71% 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.

The average for 2023 based on 38 countries was 54771 U.S. dollars. The highest value was in Luxembourg: 130491 U.S. dollars and the lowest value was in Colombia: 18358 U.S. dollars. The indicator is available from 1990 to 2023. Below is a chart for all countries where data are available.

This table presents Gross Domestic Product (GDP) and its main components according to the expenditure approach. Data is presented as growth rates. In the expenditure approach, the components of GDP are: final consumption expenditure of households and non-profit institutions serving households (NPISH) plus final consumption expenditure of General Government plus gross fixed capital formation (or investment) plus net trade (exports minus imports).

When using the filters, please note that final consumption expenditure is shown separately for the Households/NPISH and General Government sectors, not for the whole economy. All other components of GDP are shown for the whole economy, not for the sector breakdowns.

The data is presented for OECD countries individually, as well as the OECD total, G20, G7, OECD Europe, United States - Mexico - Canada Agreement (USMCA), European Union and euro area.

These indicators were presented in the previous dissemination system in the QNA dataset.
See User Guide on Quarterly National Accounts (QNA) in OECD Data Explorer: QNA User guide
See QNA Calendar for information on advance release dates: QNA Calendar
See QNA Changes for information on changes in methodology: QNA Changes
See QNA TIPS for a better use of QNA data: QNA TIPS
Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage
OECD statistics contact: STAT.Contact@oecd.org

Graph and download economic data for Constant GDP per capita for OECD Members (NYGDPPCAPKDOED) from 1960 to 2023 about OECD Economies, per capita, and GDP.

The 1973-1975 recession marked the end of a remarkably prosperous period for developed economies. Apart from the United States, who experienced a brief recession in 1969-70, the other nations had enjoyed a period of uninterrupted growth in the 25 years leading up to this event. Japan in particular had the fastest growth of any major economy. This ended, however, following the 1973 oil crisis, which saw the member states of the OAPEC (Organization of Arab Petroleum Exporting Countries) place an embargo on the nations who supported Israel during the Yom Kippur War, particularly the U.S., who supplied arms to Israel. As a result, oil prices quadrupled in some periods; the U.S. and most of its major economic partners then went into recession due to their dependency on oil imports. Additional factors exacerbated the effects of the recession in each country, such as the miners' strike in the United Kingdom, or Nixon's unstable economic policies in the early 1970s. It was not until 1976 when the major OECD economies would come out of their recession, although real GDP growth rates would not return to the consistent highs experienced in the 1950s and 1960s. Additionally, while GDP growth resumed within a few years, inflation rates and unemployment rates generally remained higher going into the 1980s.

OECD members gdp growth rate for 2023 was 1.82%, a 1.21% decline from 2022.

<ul style='margin-top:20px;'>

<li>OECD members gdp growth rate for 2022 was <strong>3.03%</strong>, a <strong>2.89% decline</strong> from 2021.</li>
<li>OECD members gdp growth rate for 2021 was <strong>5.92%</strong>, a <strong>9.82% increase</strong> from 2020.</li>
<li>OECD members gdp growth rate for 2020 was <strong>-3.90%</strong>, a <strong>5.76% decline</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

The decades that followed the Second World War were among the most prosperous in modern history, and are referred to as the Golden Age of Capitalism in many countries. This period came to an end, however, with the 1973-1975 recession. Differences across the bloc Across the OECD member states, there was a significant drop in real GDP growth over the two decades, falling from an average of five percent annual growth in the 1960s to just 3.5 percent annually in most of the 1970s. Of all OECD countries shown here, Japan experienced the highest rate of real GDP growth in both decades, although it dropped from 11 to six percent between these years (Japan's real GDP growth was still higher in the 1970s than the other members' rates in the 1960s). Switzerland saw the largest relative decline over the two periods, with growth in the 1970s below one third of its growth rate in the 1960s. What caused the end of rapid growth? The Yom Kippur War between Israel and its Arab neighbors (primarily Egypt and Syria) resulted in the Arab oil-producing states placing an embargo on Israel's Western allies. This resulted in various energy and economic crises, compounded by other issues such as the end of the Bretton Woods financial system, which had far-reaching consequences for the OECD bloc. Additionally, the cost of agricultural goods and raw materials increased, and there was a very rare case of stagflation across most of the world's leading economies.

Graph and download economic data for Gross Domestic Product for OECD Members (NYGDPMKTPCDOED) from 1960 to 2023 about OECD Economies and GDP.

In the OECD countries, the gross domestic product per hour worked was highest in Ireland in 2021. It amounted to 128.2 constant 2010 PPP U.S. dollars in that year. Luxembourg and Norway followed on the places behind with 99 and 84.5 PPP dollars, respectively.

The average weekly gross domestic product (GDP) growth rate in the OECD countries peaked during the first week of April 2021, when it reached a growth rate of 20.3 percent. From April 2021 onwards, however, it started to decrease sharply. Between November 2021 and April 2022, the average weekly GDP growth rate in the OECD countries maintained a relatively stable level but started a gradual decrease from April 2022 to December 2022. During the first month of 2023, the GDP growth grate increased notably.

GDP per capita (constant 2015 US$) in OECD members was reported at 38979 USD in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. OECD members - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

OECD members trade to gdp ratio for 2023 was 58.65%, a 4.51% decline from 2022.

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<li>OECD members trade to gdp ratio for 2022 was <strong>63.16%</strong>, a <strong>7.43% increase</strong> from 2021.</li>
<li>OECD members trade to gdp ratio for 2021 was <strong>55.73%</strong>, a <strong>4.36% increase</strong> from 2020.</li>
<li>OECD members trade to gdp ratio for 2020 was <strong>51.37%</strong>, a <strong>4.52% decline</strong> from 2019.</li>
</ul>Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Graph and download economic data for Central government debt, total (% of GDP) for OECD Members (GCDODTOTLGDZSOED) from 1990 to 2022 about OECD Economies, debt, government, and GDP.

The average for 2023 based on 38 countries was 56.22 percent. The highest value was in Luxembourg: 212.53 percent and the lowest value was in the USA: 11.01 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

Historical chart and dataset showing OECD members debt to gdp ratio by year from 1990 to 2022.

Both Spain and the members of the Organization for Economic Co-operation and Development (OECD) recorded a contraction of Gross Domestic Product (GDP) in 2020, followed by a remarkable high growth in the following year. The positive trend continued in 2023, with the Spanish economy growing *** percent, while the OECD members recorded a **** percent.

In 2022, Israel had the highest business enterprise expenditure as a percentage of gross domestic product among countries in the Organization for Economic Co-operation and Development (OECD),at 6.02 percent. On the other hand, Chile had the lowest business enterprise expenditure as a percentage of GDP in the same year, at just 0.36 percent.

Graph and download economic data for Gross Domestic Product Per Capita for High Income OECD Countries (NYGDPPCAPCDOEC) from 1960 to 2014 about OECD Economies, per capita, income, and GDP.

United States - Constant GDP per capita for High Income OECD Countries was 36988.46904 2005 U.S. $ in January of 2014, according to the United States Federal Reserve. Historically, United States - Constant GDP per capita for High Income OECD Countries reached a record high of 36988.46904 in January of 2014 and a record low of 10649.04595 in January of 1960. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Constant GDP per capita for High Income OECD Countries - last updated from the United States Federal Reserve on June of 2025.