Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

Growth of the global gross domestic product (GDP) 2025

The statistic shows the growth in global gross domestic product (GDP) from 2015 to 2020, with projections up until 2025. In 2020, the global economy fell by about 4.36 percent compared to the previous year.

Global gross domestic product

Gross domestic product, also called GDP, is the market value of goods and services produced by a country in a certain time period. It is an important factor to evaluate the economic state of a country: the higher the GDP of a country, the better its economic state. Another important indicator is GDP per capita, which literally means “GDP per person”, but despite its name, it is not used to determine the standard of living in a country, as it does not reflect an individual’s personal income. Instead, it shows the theoretical distribution of a country’s GDP among its inhabitants at a certain point in time. Again, the higher the GDP per capita of a country, the better its economy is set.

Global gross domestic product is a key indicator for global economy, which combines all individual economies worldwide. When looking at the gross domestic product / GDP of selected global regions, it is obvious that GDP is highest in industrialized countries. A look at the distribution of GDP of the main industrialized and emerging countries in selected countries shows that the United States’ GDP is the highest by far, followed by China and Japan.

The United States, China and Japan are thus the largest economies in the world, followed by Germany. This status is reflected in their GDP per capita; again, the United States lead this ranking, followed by Japan and Germany. When it comes to countries with the highest increase in GDP in comparison to the previous year, however, none of these countries are among the first few. This ranking is led by Libya, had quite a significant economic lead over the others.

Growth of the global gross domestic product (GDP) from 2015 to 2025

Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

October 2020

Region

Worldwide

Survey time period

2015 to 2025

Supplementary notes

The figures were rounded for a better comprehension of the statistic. * forecast.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* Prices do not include sales tax.

Statistics on "Global economy"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.