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Growth of the global gross domestic product (GDP) 2024
Growth of the global gross domestic product (GDP) 2024
Growth of the global gross domestic product (GDP) from 2014 to 2024 (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 2014 to 2024 (compared to the previous year)
GDP growth compared to previous year | |
---|---|
2024* | 3.62% |
2023* | 3.61% |
2022* | 3.56% |
2021* | 3.56% |
2020* | 3.41% |
2019 | 3.01% |
2018 | 3.61% |
2017 | 3.81% |
2016 | 3.39% |
2015 | 3.46% |
2014 | 3.59% |
GDP growth compared to previous year | |
---|---|
2024* | 3.62% |
2023* | 3.61% |
2022* | 3.56% |
2021* | 3.56% |
2020* | 3.41% |
2019 | 3.01% |
2018 | 3.61% |
2017 | 3.81% |
2016 | 3.39% |
2015 | 3.46% |
2014 | 3.59% |

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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.
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- Release date
- October 2019
- Region
- Worldwide
- Survey time period
- 2014 to 2019
- Supplementary notes
- The figures were rounded for a better comprehension of the statistic. * forecast.
Source
- Show sources information
- Show publisher information
- Release date
- October 2019
More information
- Region
- Worldwide
- Survey time period
- 2014 to 2019
- Supplementary notes
- The figures were rounded for a better comprehension of the statistic. * forecast.
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- Gross domestic product and economic growth
- Global gross domestic product (GDP) at current prices from 2014 to 2024 (in billion U.S. dollars)Global gross domestic product (GDP) 2024
- Gross domestic product (GDP) of selected global regions at current prices in 2019 (in trillion U.S. dollars)Gross domestic product (GDP) of selected global regions 2019
- Gross domestic product (GDP) of the main industrialized and emerging countries in current prices in 2019 (in trillion U.S. dollars)GDP of the main industrialized and emerging countries 2019
- The 20 countries with the largest gross domestic product (GDP) in 2019 (in billion U.S. dollars)Countries with the largest gross domestic product (GDP) 2019
- The 15 countries with the highest gross domestic product (GDP) in 2030 (in billion U.S. dollars)Countries with the highest gross domestic product (GDP) 2030 - forecast
- Share of global regions in the gross domestic product (adjusted for purchasing power) in 2019Share of global regions in the gross domestic product 2019
- Share of the main industrialized and emerging countries in the gross domestic product (adjusted for purchasing power) in 2019Share of the main industrialized and emerging countries in the GDP 2019
- The 20 countries with the largest proportion of the global gross domestic product (GDP) based on Purchasing Power Parity (PPP) in 2019Countries with the largest proportion of global gross domestic product (GDP) 2019
- Unemployment
- Number of unemployed persons worldwide from 2010 to 2017 and projections until 2020 (in millions)Unemployed persons worldwide until 2020
- Global unemployment rate from 2008 to 2018Global unemployment rate up to 2018
- Number of unemployed persons in selected world regions in 2018 and 2019, up to 2020 (in millions)Unemployed persons in selected world regions 2020
- Unemployment rate in selected world regions between 2015 and 2018Unemployment rate in selected world regions 2018
- Unemployment rates in major industrial and emerging countries in 2017Unemployment rates in major industrial and emerging countries 2017
- The 20 countries with the highest unemployment rate in 2017Countries with the highest unemployment rate
- Number of young unemployed people worldwide from 2009 to 2014 up to 2019 (in millions)Number of young unemployed people worldwide until 2019
- Global youth unemployment rate from 2009 to 2014 with a forecast up to 2019Global youth unemployment rate until 2019
- Inflation
- Global inflation rate from 2014 to 2024 (compared to previous year)Global inflation rate from 2014 to 2024
- Inflation rate in selected global regions in 2019 (compared to previous year)Inflation rate in selected global regions in 2019
- Inflation rate of the main industrialized and emerging countries in 2019 (compared to previous year)Inflation rate of the main industrialized and emerging countries 2019
- The 20 countries with the highest inflation rate in 2019 (compared to the previous year)Countries with the highest inflation rate 2019
- The 20 countries with the lowest inflation rate in 2019 (compared to the previous year)Countries with the lowest inflation rate 2019
- Global trade
- Top 20 export countries worldwide in 2017 (in billion U.S. dollars)Leading export countries worldwide 2017
- Leading import countries worldwide in 2017 (in billion U.S. dollars)Leading import countries worldwide 2017
- The 20 countries with the highest trade surplus in 2017 (in billion U.S. dollars)The 20 countries with the highest trade surplus in 2017
- The 20 countries with the highest trade balance deficit in 2017 (in billion U.S. dollars)The 20 countries with the highest trade balance deficit in 2017
- Trends in global export volume of trade in goods from 1950 to 2018 (in billion U.S. dollars)Trade: export volume worldwide 1950-2018
- Global economic indicators
- The 20 countries with the highest population growth rate in 2017 (compared to the previous year)Countries with the highest population growth rate 2017
- Growth of the real gross domestic product (GDP) in the leading industrial and emerging countries from 1st quarter 2017 to 1st quarter 2019 (compared to the previous quarter)GDP growth in the leading industrial and emerging countries 1st quarter 2019
- Unemployment rate in the leading industrial and emerging countries from August 2018 to August 2019Monthly unemployment rate in industrial and emerging countries August 2019
- Inflation rate in the main industrial and emerging markets from August 2018 to August 2019 (compared to the same month of the previous year)Monthly inflation rate in industrial and emerging markets 2019
- Global Purchasing Manager Index (PMI) of the industrial sector from September 2018 to September 2019 (50 = no change)Global Purchasing Manager Index (PMI) of the industrial sector September 2019
- ifo World Economic Climate Index from 2nd quarter 2017 to 2nd quarter 2019 (base year 2005 = 100)ifo World Economic Climate Index 2nd quarter 2019
- Consumer confidence worldwide from Q4 2014 to Q4 2016 (100 = neutral)Consumer confidence worldwide from Q4 2014 to Q4 2016
- Forecast on gross domestic product (GDP) growth in selected countries until 2020
- Gross domestic product (GDP) growth in India 1st quarter 2019
- Forecast on the GDP growth by world regions until 2018
- Gross domestic product (GDP) growth rate in Russia 1st quarter 2019
- GDP growth in EU countries compared to same quarter previous year 1st quarter 2019
- Quarterly growth of gross domestic product (GDP) in France 2nd quarter 2019
- Gross domestic product (GDP) forecasted growth rate of the United Kingdom 2017-2023
- GDP growth in the EU and the Euro area compared to the previous quarter Q2 2019
- Quarterly gross domestic product (GDP) growth rate in the UK 2nd quarter 2019
- Gross domestic product (GDP) growth rate in Japan 1st quarter 2019
- GDP growth in Singapore 2018 by industry
- Total real global GDP from 2000 to 2060
- Real growth rate of GDP by industry Indonesia 2014-2018
- Economic growth driving countries in the future for millennials in 2013
- Italy: interest in international economic news in 2014-2017
- Broadcom's operating income worldwide 2017-2018
- Global construction companies by EBIT 2017
- Indian chemical exports by target country FY 2018
- Quality of sanitation facilities: world 1990-2015
- Baked goods launches in the United States from 2013 to 2018, by top ingredient
- Global gross domestic product (GDP) 2024
- Gross domestic product (GDP) of selected global regions 2019
- GDP of the main industrialized and emerging countries 2019
- Countries with the largest gross domestic product (GDP) 2019
- Countries with the highest gross domestic product (GDP) 2030 - forecast
- Share of global regions in the gross domestic product 2019
- Share of the main industrialized and emerging countries in the GDP 2019
- Countries with the largest proportion of global gross domestic product (GDP) 2019
- Global gross domestic product (GDP) per capita 2018
- Gross domestic product (GDP) per capita in selected global regions 2018
- Gross domestic product (GDP) per capita in the main industrialized and emerging countries
- Countries with the largest gross domestic product (GDP) per capita 2019
- The 20 countries with the lowest gross domestic product (GDP) per capita in 2019
- Growth of the global gross domestic product (GDP) 2024
- Forecast on the GDP growth in selected world regions until 2024
- Gross domestic product (GDP) growth forecast in selected countries until 2024
- Countries with the highest growth of the gross domestic product (GDP) 2019
- The 20 countries with the greatest decrease of the gross domestic product in 2019
- Share of economic sectors in the global gross domestic product from 2007 to 2017
- Share of economic sectors in the gross domestic product, by global regions 2017
- Proportions of economic sectors in GDP in selected countries 2017
- Unemployed persons worldwide until 2020
- Global unemployment rate up to 2018
- Unemployed persons in selected world regions 2020
- Unemployment rate in selected world regions 2018
- Unemployment rates in major industrial and emerging countries 2017
- Countries with the highest unemployment rate
- Number of young unemployed people worldwide until 2019
- Global youth unemployment rate until 2019
- Youth unemployment rate in selected world regions 2018
- Countries with the highest population growth rate 2017
- GDP growth in the leading industrial and emerging countries 1st quarter 2019
- Monthly unemployment rate in industrial and emerging countries August 2019
- Monthly inflation rate in industrial and emerging markets 2019
- Global Purchasing Manager Index (PMI) of the industrial sector September 2019
- ifo World Economic Climate Index 2nd quarter 2019
- Consumer confidence worldwide from Q4 2014 to Q4 2016
- Forecast on gross domestic product (GDP) growth in selected countries until 2020
- Gross domestic product (GDP) growth in India 1st quarter 2019
- Forecast on the GDP growth by world regions until 2018
- Gross domestic product (GDP) growth rate in Russia 1st quarter 2019
- GDP growth in EU countries compared to same quarter previous year 1st quarter 2019
- Quarterly growth of gross domestic product (GDP) in France 2nd quarter 2019
- Gross domestic product (GDP) forecasted growth rate of the United Kingdom 2017-2023
- GDP growth in the EU and the Euro area compared to the previous quarter Q2 2019
- Quarterly gross domestic product (GDP) growth rate in the UK 2nd quarter 2019
- Gross domestic product (GDP) growth rate in Japan 1st quarter 2019
- GDP growth in Singapore 2018 by industry
- Total real global GDP from 2000 to 2060
- Real growth rate of GDP by industry Indonesia 2014-2018
- Economic growth driving countries in the future for millennials in 2013
- Italy: interest in international economic news in 2014-2017
- Broadcom's operating income worldwide 2017-2018
- Global construction companies by EBIT 2017
- Indian chemical exports by target country FY 2018
- Quality of sanitation facilities: world 1990-2015
- Baked goods launches in the United States from 2013 to 2018, by top ingredient
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