By the year 2030, it is projected that China will eclipse the United States and have the largest gross domestic product (GDP) in the world, at 31.7 trillion U.S. dollars. The United States is projected to have the second largest GDP, at 22.9 trillion U.S. dollars.

What is gross domestic product?

Gross domestic product, or GDP, is an economic measure of a country’s production in time. It includes all goods and services produced by a country and is used by economists to determine the health of a country’s economy. However, since GDP just shows the size of an economy and is not adjusted for the country’s size, this can make direct country comparisons complicated.

The growth of the global economy

Currently, the United States has the largest GDP in the world, at 20.5 trillion U.S. dollars. China has the second largest GDP, at 13.4 trillion U.S. dollars. In the coming years, production will become faster and more global, which will help to grow the global economy.

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.

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.

The average for 2025 based on 52 countries was 4.29 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.

The GDP of the Middle East and Central Asia is forecast to grow faster between 2024 and 2025 than other regions in the world. According to an economic outlook forecast, the GDP in the advanced economies will grow by **** percent in 2030.

The adoption of 5G mobile technology is set to benefit all industry sectors worldwide. According to forecasts, the manufacturing sector will account for over a ***** of 5G's total contribution in 2030, while the public administration sector is set to account for a ** percent share.

The average for 2025 based on 27 countries was 1.76 percent. The highest value was in Malta: 3.9 percent and the lowest value was in Austria: -0.26 percent. The indicator is available from 1980 to 2030. Below is a chart for all countries where data are available.

The average for 2025 based on 11 countries was 3.67 percent. The highest value was in India: 6.2 percent and the lowest value was in Thailand: 1.8 percent. The indicator is available from 1980 to 2030. Below is a chart for all countries where data are available.

According to the source, 5G powered healthcare will contribute over half a trillion U.S. dollars to global gross domestic product (GDP) by 2030. Overall the **** industry use cases studied by the source add *** trillion U.S. dollars to global GDP.

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.

Various factors including demographics, supply chain disruption, geopolitical tensions, and demographics are expected to create profound shifts in the global economy. With corporates, governments, and individuals adapting to these new realities, technology adoption and innovation will accelerate through the rest of the decade. The report examines how technology will transform all aspects of life including education, healthcare, entertainment, manufacturing, and transport. The world will appear very different by 2030 as we understand the future of technology across sectors. Read More

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.

Taiwan: Economic growth forecast: The latest value from 2030 is 2.08 percent, a decline from 2.24 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Taiwan from 1980 to 2030 is 5.12 percent. The minimum value, -1.61 percent, was reached in 2009 while the maximum of 12.75 percent was recorded in 1987.

Explore the Creator Economy Market: insights on trends, opportunities, and tools for creators to grow their brands and monetize their content effectively.

1. Temporal Coverage of Data: The data collection periods are 2010, 2030, and 2050.2. Spatial Coverage and Projection:Spatial Coverage: GlobalLongitude: -180° - 180°Latitude: -90° - 90°Projection: GCS_WGS_19843. Disciplinary Scope: The data pertains to the fields of Earth Sciences and Geography.4. Data Volume: The total data volume is approximately 31.5 MB.5. Data Type: Raster (GeoTIFF)6. Thumbnail (illustrating dataset content or observation process/scene): · 7. Field (Feature) Name Explanation:a. Name Explanation: IND: Industrial Value Addedb. Unit of Measurement: Unit: US Dollars (USD)8. Data Source Description:a. Remote Sensing Data:2010 Global Vegetation Index data (Enhanced Vegetation Index, EVI, from MODIS monthly average data) and 2010 Nighttime Light Remote Sensing data (DMSP/OLS)b. Meteorological Data:From the CMCC-CM model in the Fifth International Coupled Model Intercomparison Project (CMIP5) published by the United Nations Intergovernmental Panel on Climate Change (IPCC)c. Statistical Data:From the World Development Indicators dataset of the World Bank and various national statistical agenciesd. Gross Domestic Product Data:Sourced from the project "Study on the Harmful Processes of Population and Economic Systems under Global Change" under the National Key R&D Program "Mechanisms and Assessment of Risks in Population and Economic Systems under Global Change," led by Researcher Sun Fubao at the Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciencese. Other Data:Rivers, roads, settlements, and DEM, sourced from the National Oceanic and Atmospheric Administration (NOAA), Global Risk Data Platform, and Natural Earth9. Data Processing Methods(1) Spatialization of Baseline Industrial Value Added: Using 2010 global EVI vegetation index data and nighttime light remote sensing data, we addressed the oversaturation issue in nighttime light data by constructing an adjusted nighttime light index to obtain the optimal global light data. The EANTIL model was developed using NTL, NTLn, and EVI data, with the following formula:Here, EANTLI represents the adjusted nighttime light index, NTL represents the original nighttime light intensity value, and NTLn represents the normalized nighttime light intensity value. Based on the optimal light index EANTLI and the industrial value-added data from the World Bank, we constructed a regression allocation model to derive industrial value added (I), generating the global 2010 industrial value-added data with the formula:Here, I represents the industrial value added for each grid cell, and Ii represents the industrial value added for each country, EANTLi derived from ArcGIS statistical analysis and the regression allocation model.(2) Spatial Boundaries for Future Industrial Value Added: Using the Logistic-CA-Markov simulation principle and global land use data from 2010 and 2015 (from the European Space Agency), we simulated national land use changes for 2030 and 2050 and extracted urban land data as the spatial boundaries for future industrial value added. To comprehensively characterize the influence of different factors on land use and considering the research scale, we selected elevation, slope, population, GDP, distance to rivers, and distance to roads as land use driving factors. Accuracy validation using global 2015 land use data showed an average accuracy of 91.89%.(3) Estimation of Future Industrial Value Added: Based on machine learning and using the random forest model, we constructed spatialization models for industrial value added under different climate change scenarios: Here, tem represents temperature, prep represents precipitation, GDP represents national economic output, L represents urban land, D represents slope, and P represents population. The random forest model was constructed using factors such as 2010 industrial value added, urban land distribution, elevation, slope, distances to rivers, roads, railways (considering transportation), and settlements (considering noise and environmental pollution from industrial buildings), along with temperature and precipitation as climate scenario data. Except for varying temperature and precipitation values across scenarios, other variables remained constant. The model comprised 100 decision trees, with each iteration randomly selecting 90% of the samples for model construction and using the remaining 10% as test data, achieving a training sample accuracy of 0.94 and a test sample accuracy of 0.81.By analyzing the proportion of industrial value added to GDP (average from 2000 to 2020, data from the World Bank) and projected GDP under future Shared Socioeconomic Pathways (SSPs), we derived future industrial value added for each country under different SSP scenarios. Using these projections, we constructed regression models to allocate future industrial value added proportionally, resulting in spatial distribution data for 2030 and 2050 under different SSP scenarios.10. Applications and Achievements of the Dataseta. Primary Application Areas: This dataset is mainly applied in environmental protection, ecological construction, pollution prevention and control, and the prevention and forecasting of natural disasters.b. Achievements in Application (Awards, Published Reports and Articles):Achievements: Developed a method for downscaling national-scale industrial value-added data by integrating DMSP/OLS nighttime light data, vegetation distribution, and other data. Published the global industrial value-added dataset.

Based on IMF forecasts from April 2025, the real GDP growth in industrial countries will slow in 2030, only growing by *** percent. This is because of the impact of the high global inflation rates. On the other hand, the GDP of emerging and developing countries is expected to grow by around * percent both in 2022, 2030, and 2024.

The Gross Domestic Product (GDP) in Kosovo was worth 11.15 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Kosovo represents 0.01 percent of the world economy. This dataset provides the latest reported value for - Kosovo GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Projection of General government gross debt for Germany (GGGDTPDEA188N) from 2025 to 2030 about projection, Germany, debt, gross, and government.

The G7 is a forum designed for frank and open discussion between leaders, ministers and policy-makers. As a member of the G7, Canada plays a leading role on the international stage and is able to advance domestic and international priorities. The G7 provides global leadership and serves as a powerful catalyst on issues that are later taken up by other fora with broader global and regional membership. The G7 brings together the world’s advanced economies to influence global trends and tackle pervasive and crosscutting issues, as well as emergent global crises. The G7 has strengthened international economic and security policies, advanced discussion of global issues including climate change and gender equality, brought donors together and supported disarmament programs. Most recently, the G7 has worked to tackle the COVID-19 pandemic and respond to Russia’s illegal invasion of Ukraine. At the G7, Canada has advanced its domestic and international priorities, including gender equality, peace and security, climate change and building a sustainable global economy. Transparent and inclusive engagement with Canadian and international stakeholders has helped Canada to deliver on priorities that are important to Canadians.

The statistic shows the gross domestic product (GDP) of the United States from 1987 to 2024, with projections up until 2030. The gross domestic product of the United States in 2024 amounted to around 29.18 trillion U.S. dollars. The United States and the economy The United States’ economy is by far the largest in the world; a status which can be determined by several key factors, one being gross domestic product: A look at the GDP of the main industrialized and emerging countries shows a significant difference between US GDP and the GDP of China, the runner-up in the ranking, as well as the followers Japan, Germany and France. Interestingly, it is assumed that China will have surpassed the States in terms of GDP by 2030, but for now, the United States is among the leading countries in almost all other relevant rankings and statistics, trade and employment for example. See the U.S. GDP growth rate here. Just like in other countries, the American economy suffered a severe setback when the economic crisis occurred in 2008. The American economy entered a recession caused by the collapsing real estate market and increasing unemployment. Despite this, the standard of living is considered quite high; life expectancy in the United States has been continually increasing slightly over the past decade, the unemployment rate in the United States has been steadily recovering and decreasing since the crisis, and the Big Mac Index, which represents the global prices for a Big Mac, a popular indicator for the purchasing power of an economy, shows that the United States’ purchasing power in particular is only slightly lower than that of the euro area.