World gdp ranking 2024. The IMF expects Samoa’s real GDP to grow 9.

World gdp ranking 2024 GNP/GNI vs. Oct 7, 2024 · Despite countries like the U. Share of Global GDP: 2024. The United States, despite having the world's largest GDP, ranks 12th in debt-to-GDP ratio, driven by high military spending, tax cuts, and underfunded programs. Jun 21, 2024 · The Golden State has a large enough economic output to rival some of the biggest economies in the world. 5% of global GDP growth in the past 10 years (2014-2024). License : CC BY-4. Below is the latest list of Countries by GDP, ranked as per the economic activity of each country in 2024. Country GDP ranking, evolution and forecasts : the dominance of 4 countries. . 4 trillion, Germany’s strong manufacturing sector, particularly in the automotive and engineering sectors, contributes to its $4. org. 5 गुना ज़्यादा है! Dec 16, 2024 · According to the IMF World Economic Outlook (October 2024), Sweden's nominal GDP in 2024 is projected to be around $609 billion at current prices. 4% Rank Country/Territory GDP (US$million) World 87,798,526 1 United States 21,433,226 2 China 14,342,903: 3 Japan 5,081,770: 4 Germany 3,861,124 5 India 2,868,929 6 Dec 31, 2024 · In 2024, India continued with economic expansion, ensuring its status as an emerging global economic powerhouse. 0 Line Bar Map Dec 14, 2024 · The global economy is projected to grow by 3. 9 trillion for the year. In 2024 and 2025, the world’s economic growth is expected to be at 3. To see how this has played out in recent decades, we visualized the world’s top six economies by their share of global GDP from 1980 to 2024. 231 trillion, significantly less than that of China. 1% since the year prior, according to the U. It is the longest-standing index tracking the progress of numerous countries’ efforts towards closing these gaps over time since its inception. Continues to Dominate: Innovation-Driven Growth: Nov 20, 2024 · Top 5 Economies in the World 1. Jul 4, 2024 · The results for China—the world’s second-largest economy in nominal terms—are even starker: it falls to 69th by GDP per person, 75th at local prices and 97th after accounting for hours worked. Top 15 countries by GDP in 2024 United States: $ 25. Inflation is falling faster than expected in most regions, amid unwinding supply-side issues and restrictive monetary policy. In 2023, the estimated average GDP per capita (PPP) of all of the countries was Int$22,452. Nov 25, 2024 · The United States is likely to stay on top as the largest economy in the world, boasting a remarkable GDP of $30. 4 days ago · The United States upholds its status as the major global economy and richest country, with a GDP of over $28. Luxembourg would remain in the top spot of the nominal ranking for the next few years, as it is ahead of 2nd-ranked occupier Switzerland by a huge margin of $29,224. 62). This is likely to rise to $35,458 billion by 2029. Data for 2025 are based on IMF forecasts applied to World Economics 2024 data. This is based on the most recent data available from the World Bank for Gross Domestic Product (GDP). Here are the largest economies in the world Feb 16, 2024. As of 2024, the top ten largest economies in the world are the United States, China, Germany, Japan, India, the United Kingdom, France, Brazil, Italy, and Canada. Changes to the April 2024 Database. Jul 20, 2020 · China's economic growth has been steep since the 1990s, while India and Indonesia have even more recently entered the top 10 of the biggest economies in the world and are expected to reach ranks 3 and 5 by 2024. China 35. Jan 13, 2024. The G20 is an international forum for the world’s 20 largest economies. Click on any of the links to gain more in-depth reviews of these top countries. The live counter shows estimated figures for World’s GDP during the current year (from January 1, 2024 up to January 13, 2025 based on the latest IMF. May 29, 2024 · India’s Position in World GDP Ranking 2024 Top 100. In this article, we’ll learn about GDP rankings. 42% contraction, followed by Sudan (-20. In the Economics category we assess the economic size, structure, and growth of each city, examining both historical performance and future potential. See the projected GDP rankings of the world's countries in 2024 based on IMF and UN data. Largest economies in the world in 2024: See India's rank This is similar to nominal GDP per capita but adjusted for the cost of living in each country. 7%, 3 -tenths of one percent less than the 3% recorded in the second quarter of 2024. Following closely behind in the GDP rankings for the continent are Japan and India. The next three ranks in both (nominal,ppp) ranking belong to Japan (3,4), Germany (4,6), India (5,3), United Kingdom (6,10), France (7,9), and Russia (8,5 » World GDP Ranking » World GDP per capita Ranking » Countries by GDP (Nominal) » GDP Indicators 2024 » GDP Indicators 2023 » GDP Indicators 2022 Dec 20, 2023 · According to the World Bank’s Global Economic Prospects, the Euro area has a real GDP growth rate forecast of 1. By market exchange rates, it’s still second in the world. Gross domestic product 2023 (millions of Ranking Economy US dollars) Sep 30, 2022 · 全球GDP排名2024 已公布！每一年世界銀行及國際貨幣基金組織 (IMF) 都會公佈當年度的全球經濟體的國內生產總值（GDP），幫助投資者瞭解及深入分析各國的經濟走勢。排名不但描繪世界主要經濟體的情況，也幫助投資了解不同國家的投資潛力。到底邊個國家全球GDP排名2024 係前15位？ Data to 2024 are World Economics GDP estimates produced as described above. 56 Trillion, Germany $4. According to the International Monetary Fund, America’s GDP has reached around 28 trillion dollars as of April 2024! Of course, population plays a role in a country’s total output. India is the world’s fifth-largest economy, behind the US, China, Japan, Germany, and other economic giants, according to the most recent World GDP Ranking 2024 top 100. Values are expressed in current international dollars, reflecting the corresponding exchange rates and PPP adjustments. 5% of the world’s total GDP. 8 trillion economy is most comparable to that of India which sits at $3. Dec 11, 2024 · As per the October 2024 edition of IMF’s World Economic Outlook, US GDP (PPP) for 2025 will be $30,337 billion. we expect world real GDP in 2024 to grow at its slowest pace since 2002, excluding the time period corresponding with the Great Financial Crisis and the Covid-affected 2020. Our World in Data (2025). Each country's GDP CAGR Growth is listed below. United States $27. Apr 4, 2024 · As per the World Economy Rankings 2024, the list and data of top countries with the highest GDP amounts is nearly $105 trillion. South Sudan has the lowest growth, with a 26. 56, the 19th highest in the world, and GDP (PPP) is $2. Bureau of Economic Analysis (BEA). 53 trillion, fueled by its rapid industrial growth and a growing middle class. Oct 1, 2024 · Of course, since calculating global GDP growth is no small task, estimates of the metric often differ. Nov 5, 2024 · But that doesn’t mean all American states are economic powerhouses rivaling other world economies. 23% in 2024, marginally lower than 3. Furthermore, if we look at the GDP data analysis for all countries from 2020 to 2026, the world GDP increased from 103. This estimate for Indonesia GDP takes into account values based on PPP, the countries base year age and size of it's informal economy. World GDP PPP Ranking. 4 3 trillion; China The world economic rankings are prepared by the International Monetary Fund and as per the World Economy Rankings 2024 data, the list of countries with the highest GDP amounts to $105 trillion. Languages Per GDP Reflect the World Economy World Economics Benefits: Latest data for 2024 and 2025 ; GDP Data Quality Ratings ; China, India & USA: Special focus on the world's biggest economies; Major faults in market moving macro data exposed; Daily Insights: our Early Warning System - actionable insight on serious problems; Governance Ratings ; Global warming temperature data for Jun 16, 2024 · World GDP Ranking 2024 List: इस लिस्ट में सबसे ऊपर रहने वाले लक्ज़मबर्ग की प्रति व्यक्ति जीडीपी अमेरिका से 1. state with the smallest GDP, has an economy comparable to Nepal, the world’s 101st largest economy. Moreover, it has among the world’s highest GDP per capita. The World Economic Outlook (WEO) database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report, which presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups and in many individual countries. A) GDP: $26,954 billion dollars; Per Capita Income: $80,410; Annual GDP Growth Rate: 2. These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database (October 2024 edition) and/or other sources. What are the top 10 richest countries in the world? The top 10 richest countries in the world by GDP per capita are as follows: Luxembourg; Macao SAR; Ireland; Singapore; Qatar; United Arab Oct 29, 2024 · India ranks 5th in the world’s GDP rankings for 2024. [a] For rankings regarding wealth, see list of countries by wealth per adult. 3. Over the past 10 years the global economy is estimated to have grown by 35%. Dec 10, 2024 · Ranked: G20 Countries, by PPP-Adjusted GDP (2024) Since 2014, China has been the world’s largest economy by PPP-adjusted output. We­’ll see why India’s economy is so strong. The fourth-largest economy in the world, with a GDP of $4. During three years, the world economy grew by over 6%, with the highest GDP growth rate of 6. (GDP)”. World Tourism Rankings by Country 2024 Average Monthly Salary by Country 2024 (After Tax) World's Largest Economies by GDP PPP in (2025) · 1. 9 trillion in 2023 and a growth rate of 6. Let’s take a look at the largest economies in the world as per the country’s GDP, according to the IMF as of July 1, 2024. leads the pack, with 11 cities in the Top 50. This estimate for Pakistan GDP takes into account values based on PPP, the countries base year age and size of it's informal economy. Dec 9, 2024 · Samoa, an island country in Oceania, has witnessed a strong growth rebound over the last two years and has emerged from the pandemic with enhanced economic buffers, ranking it among the world’s fastest-growing economies in 2024. Jan 13, 2024 · World Economy Ranking 2024: India Secures Fifth Place - Check Full List Arjit Saxena. GDP is displayed at Purchasing Power Parity (Int$) - with added estimates for updated base years and informal economy size. Only these two countries have a GDP growth rate above 10%, and 18 have a growth rate above 6%. Tokyo is a significant center for global finance, serving some of the biggest investment banks and insurance firms in the world. Tokyo also […] The debt-to-GDP ratio is the ratio between a country's government debt and its gross domestic product (GDP). In other words, the amount of all income generated in the country from the sale of goods and services. With a 6. 1990–2022. Data source is International Monetary Fund World Economic Outlook. Japan and India rank next to China in Asia’s GDP rankings. 2 percent in 2024 and 3. Data for 2026 - 2030 are derived from World Economics CAGR's for the decade ending 2023, and replicated to the years ahead. 05 trillion dollars. By following this, the US is at the top of the rankings, and that is not even strange we all know how powerful and wealthy the US is. Not only do they provide important economic contributions to the global economy, they are hubs for education and business innovation, and invest in the infrastructure necessary to maintain a high quality of life. Date range. 1% of Global GDP in 2024, and 8. As per the Union government, the rise in the per capita income of people has pushed many households into higher income brackets. 1. Global growth is projected to be in line with the April 2024 World Economic Outlook (WEO) forecast, at 3. The top cities in the Global Cities Index possess strong scores in all five categories. GDP by Country 2024: 1. 96 Trillion, 2. Known as a significant player in international trade, the country leads exports of cars, machinery, and chemicals. Forecast growth of the real gross domestic product (GDP) worldwide from 2020 to 2025, by economic group (compared to the previous year) [Graph], World Bank, January 14, 2024. The United States’ GDP is the world’s largest, being worth over a quarter of global output in nominal GDP terms. The second country is China in the world economy rankings. Global GDP Growth Outlook 2024 In 2024, real GDP growth is forecast to increase 3. France has a nominal GDP of $2. 3% for 2024 and 2025 compared to a real GDP growth rate forecast of 0. Gross domestic product 2023 (millions of The World’s Richest City by GDP is Tokyo, followed by New York, Los Angeles, London, and Paris. 2009 was another year when it showed negative growth. This page provides values for GDP reported in several countries part of G20. © 2021 International Monetary Fund. 1 percent in 2024 and rise to 3. 2 percent in 2023 and 7 percent in 2022. dollars as of the first quarter of 2024. Jul 25, 2024 · The World’s 10 Wealthiest Cities. # we expect world real GDP in 2024 to grow at its slowest pace since 2002, excluding the time period corresponding with the Great Financial Crisis and the Covid-affected 2020. United States Of America (U. Knowing India's rank in the World GDP Ranking 2024 list, it is evident that the value of output per person is quite substantial. 6%; The US is the biggest economy in the world with a GDP of approximately $27 trillion. The U. Apr 4, 2024 · Tokyo has topped a new list of the world’s richest cities for 2024, with the New York metropolitan area and Greater Los Angeles claiming the second and third spots. In 2022, Texas’ gross domestic product (GDP) — the total market value of all finished goods and services — totaled $2. 7%, estimates from the IMF and OECD Aug 19, 2024 · The largest economy in Asia is China, with a nominal GDP of over $18,536 billion in 2024. World Economics has developed a database presenting GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. , China, India, or Germany often dominating economic rankings, the United States is the only top 10 economy to appear near the top of rankings for GDP per capita. 57 trillion. With 2023’s growth Singapore is the most competitive economy out of 67 across the world’s eight major regions. The nominal GDP of the top ten economies accounts for two-thirds of the world's GDP. The Universal Health Coverage indicator was newly added to the STI in 2024. 61% of the world's Nov 2, 2024 · Northern America includes the United States, the largest economy in the world. Jul 1, 2024 · Explore the updated World Bank country income classifications for 2024-2025, highlighting GNI per capita shifts and global economic trends. Here is the detailed list of Largest Economies in the world by nominal GDP: 1. 33 Trillion India $4. [Online]. 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. World gdp for 2023 was $105,435. Data is combined for 9 countries that represent the ASEAN States. The country’s economy is diverse and rapidly growing, fueled by key sectors such as information technology, services, agriculture, and May 16, 2024 · World Economy Rankings 2024. Find out which countries will be the top 10 in both lists and how they will change from 2023 to 2024. With $1,623 billion, North America will be the top contributor to the total global GDP increment in 2024, followed by Asia ($1,421 billion) and Europe ($1,292 billion). GDP. Ecuador’s fiscal sector projections are excluded from publication for 2024–29 because of ongoing program discussions. Feb 8, 2024 · By ranking the world’s ten greatest economies by GDP in 2024, this article aims to shine light on them. France’s GDP per capita is $42,877. 27%). Several economically challenged countries, exemplified by Somalia with $73 GDP per capita, highlight stark economic disparities at the lower end of the spectrum. United States Access the IMF's World Economic Outlook for April 2024, featuring real GDP growth data and analysis. 3 percent in 2025. This list of countries by largest GDP shows how the membership and rankings of the world's ten 2024 [5] United States China represented 1. 6 trillion in just a The world's largest economies The economic strength of a country is determined by its gross domestic product (GDP). When it comes to the number of resident millionaires with liquid investable wealth of $1 million or more, the U. Methodology for ranking powerful countries in the world 2024 WORLD GDP RANKING 2024 ||tags: #countryballs #shorts #history #edit #animation #entertainment #countryballs #india #USA #Pakistan #america#countryballs #coun This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - GDP. Sep 19, 2024 · See the ranking of the 20 countries with the largest gross domestic product (GDP) in 2024, based on current prices. Apr 16, 2024 · California is the 5th largest economy in the world for the seventh consecutive year, with a nominal GDP of nearly $3. Ranking Economy US dollars) 1 United States 27,720,709 2 China 17,794,783 World Bank, 16 December 2024 1. 17 trillion underscores its diverse economic structure, fueled by key sectors like services, technology, finance, and manufacturing. The year-on-year change in GDP was 2. Japan, an established economy, is expected to cling on to rank 4 in 2024, while Russia will rise to rank 6. The IMF expects Samoa’s real GDP to grow 9. The United States is the largest economy globally in nominal terms, and China is the largest in ppp terms. 4 trillion. This is more than the sum of the GDPs of 174 countries ranked from Indonesia (17th) to Tuvalu (191st). Other GDP-related dashboards:Historical GDP by countryHistorical GDP per capita Feb 16, 2024 · India is the 5th largest economy in the world. GDP, or Gross Domestic Product, is the total monetary value of all goods and services produced and sold within a country during a specific time period, typically one year. Aug 9, 2023 · Ranking Countries by Economic Size in 2023. Japan: GDP Ranking by Country 2024: United States $27. ) continues to be the largest economy in the world and With that being said, we’ve listed out the top 15 countries by GDP in 2024 as a guide. The list of the top 10 countries by GDP is a snapshot of the current economic landscape, highlighting the most prosperous and influential economies worldwide. 6 Trillion, Japan $4. If Texas were a country, it would be the eighth-largest economy in the world, ahead of Canada and even Russia. Growth has been measured in GDP Purchasing Power Parity terms with allowances made for the Base Year and the size of the Informal economy. Why the U. Did you know countries are ranked by GDP? GDP me­asures how much a country makes. Nov 14, 2024 · World Economy Ranking 2024 Top 10: In 2024, the world sees a mix of countries leading in money-making, measured by GDP. Top 10 World Economies by GDP 2024. 1% , a slight rise from October’s outlook. Global headline inflation is expected to fall to 5. However, Nepal’s population is over 29 times larger than Vermont’s, which is just past half a million people. The World Economic Outlook (WEO) database is now available in SDMX format from our Entire Dataset page. Feb 15, 2024 · China holds the title of the largest economy in Asia with a nominal GDP exceeding $19,374 billion in 2024. 17 Trillion. Although GNI/GNP and GDP are similar (as are GNI per capita and GDP per capita), a key difference exists between the two: GDP represents the value of goods and services produced within a country’s geographical borders regardless of which country profits from that production, whereas GNP/GNI represents the value of all goods and services produced by a country's nationals 4 days ago · What is the GDP per capita ranking of India? As of January 2025, India’s GDP per capita is $2,940 (Nominal) and $11,940 (PPP). The ASEAN States are home to over 692 milllion people with an average life expectancy of 72 years and a current median age of 31, against a global average of 30. The United States economy is the largest in the world, measured by nominal GDP, followed by China, world's second largest with annual growth that consistently outpaces United States, it may take very few years it take the top position, faces some significant Jul 12, 2024 · According to the World GDP Ranking 2024, India has ascended to become the fifth-largest economy globally, following the United States, China, Germany, and Japan. As a matter of fact, if California were its own independent country it would be the 5th largest economy in the world. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. United States. The latest data shows that the United States is the largest economy in the G20, followed by China, Japan, Germany, and India. Dec 10, 2024 · The world economy delivered another strong performance in 2024; according to the IMF, global GDP will grow by 3. Compare the rankings, growth rates and fluctuations of the world's largest economies over time. Asia’s burgeoning middle class is one of the reasons for the continental shift in GDP. 45 tn, the United States will be the top contributor, followed by China ($515 bn), India ($322 bn), Türkiye ($214 bn), and the United Kingdom ($205 bn). This graphic compares countries and territories with the highest GDP per capita in 2024 to those in 2014, based on data from the International Monetary Oct 22, 2024 · The 2024 rankings are determined by averaging each economy’s performance in three underlying pillars of sustainability (Economic, Societal, and Environmental). 057 Trillion, China $20. California’s $3. 8 Dec 25, 2024 · In this guide, we explore the top 50 richest countries based on GDP rankings for 2024, uncovering their economic strengths and opportunities for investment migration. China leads the world GDP PPP rankings with 18. Oct 31, 2024 · Out of 194 economies, GDP (nominal) of 173 economies would increase, and 21 economies would decrease in 2024 compared to 2023. . The WEO is released in April and Jul 3, 2024 · Country rankings 9 Basic Statistic Countries with the largest gross domestic product (GDP) 2024 Basic Statistic Countries with the largest gross domestic product (GDP) per capita 2023 Jan 7, 2024 · G20 Countries’ GDP Ranking 2024 – 85% of global GDP. With a GDP of 27. What Is the Biggest Economy in the World? The United States is the largest economy in the world by far, encompassing about 15. This is a major finding of the 2024 IMD World Competitiveness Ranking (WCR), which measures economies with population size and GDP on both ends of the scale. 86 to 112. 73%. For change of GDP per capita over time as a measure of economic growth, see real GDP growth and real GDP per capita growth. The United States, China and Germany are the top three, while Brazil and Italy swap places in the top 10. These 300 cities, including Paris, Seoul, Chicago, Shanghai, and Singapore, play a significant role in shaping the global economic narrative, especially in technology and finance. Largest economies in the world by GDP (PPP) in 2024 according to International Monetary Fund estimates [ 1 ] GDP (PPP) means gross domestic product based on purchasing power parity . Nov 15, 2024 · The International Monetary Fund (IMF) forecasts India's real GDP growth, which accounts for inflation, at 7 percent for 2024, following 8. Right behind, China is expected to shine with a GDP of $19. Based on PPP, Sweden's GDP in 2024 is forecast at 764 billion international dollars. GDP per capita (current US$) from The World Bank: Data Jul 11, 2024 · For that reason, the group of total English speakers in the world is much higher, about 1. The GDP ranking of the G20 countries is based on the nominal GDP of each country. See the estimated nominal GDP of countries and territories in 2024 based on IMF, World Bank and UN data. Debt-to-GDP ratio is an economic metric that compares a country's government debt to its gross domestic product (GDP) (which represents the value of all goods and services produced by Key figures and rankings about companies and products Gross domestic product of the Arab world in 2023; GDP of African countries 2024, by country (GDP) 2024; Countries with the largest Pakistan's GDP is estimated to be $1,968,700,203,320 by the end of 2024 by World Economics. May 29, 2024 · The world e­conomy is an amazing thing. GDP (purchasing power parity) compares the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. While Japan is still considered one of the wealthiest countries globally, the declining ranking reflects concerns about its economic performance and international standing. For those seeking global mobility and new opportunities, these nations offer a glimpse into the financial powerhouses shaping the modern world. 72 trillion dollars, the USA is by far the world's largest economy in this ranking for 2023. 1 percent and Nov 13, 2024 · The United States has been the world’s largest economy for over six decades, and 2024 is no exception. The top 10 countries, including economic powerhouses like the United States, China, Japan, and Germany, contribute a significant fraction of the global GDP, illustrating the global economic dominance of these nations. What is Purchasing Power Parity (PPP)? How we score and rank the 1,000 cities in the Economics category. 30 billion GDP in 2024. 16% increase from Japan, the world's third-largest economy, has a GDP of $4. Its GDP of $29. 2%. This group accounted for 7. 2 trillion International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme. World Economics has upgraded each country's GDP presenting it in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. 96 trillion. 456 billion. Oct 31, 2024 · With a projected GDP growth rate of 43. GDP (current US$) from The World Bank: Data. So while the World Bank estimates 2023's GDP growth at 2. Vermont, the U. Which five countries in the world have the highest GDPs? In 2024, the US, China, Japan, Germany, and India will be in their respective places. 9K, reflecting its large population size. Inflation has eased and Oct 8, 2024 · Largest economies in the world by nominal GDP in 2024. Discover which countries moved between income categories and understand the factors driving these changes. Oct 10, 2024 · India is currently the world’s 5th largest economy as per 2024 rankings, but is expected to overtake Japan to move up to the 4th spot in the top 10 largest economies the world list with a GDP Growth: 2014-2024. The economy’s structure is highly diversified. World’s GDP is $117,562,000,000,000 GDP Ranking by Country 2024 Table of contents. [1] For older GDP trends, see List of regions by past GDP (PPP). Data adapted from Feb 9, 2024 · Top 10 World’s Largest Economies by Nominal GDP in 2024 . A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. 33 trillion, thanks to its bustling consumer market and innovative industries. May 4, 2019 · The chart below provides the developed vs developing world GDP PPP share data from 1980 to 2024. The indicators we use are: GDP size; GDP growth; GDP per person; Employment growth; Economic stability; Economic diversity List of countries by GDP. What are the top 10 richest countries in the world based on GDP per capita? The top 10 richest countries in the world by GDP per capita, in 2024 are; 1. In the table below, countries are ranked by the gross domestic product measured in purchasing power parities (PPP) at current prices. The USA, China, and Japan are at the top. With 2023’s growth Nov 11, 2024 · Luxembourg is the richest country in the world by GDP per capita ranking in 2024, with the highest GDP per capita PPP of $151,150. is expected to continue being the biggest economy in 2023 with a projected GDP of $26. Elevated central bank rates to fight inflation and a withdrawal of fiscal support amid high debt weigh on economic activity. Oct 31, 2024 · Country/Economy GDP per capita Nominal ($) GDP per capita PPP (Int. Oct 29, 2024 · See the projected GDP rankings of the world's economies in 2024 based on nominal and PPP methods. 7% share of the world total GDP PPP during 2018. According to Forbes, here is the list of top 7 largest economies May 4, 2024 · Source: International Monetary Fund, World Economic Outlook April 2024. Micronesia is the smallest subregion, followed by Polynesia, having just above $1 bn GDP. 2 percent in 2025. Jul 29, 2024 · In 2024, the global economy will continue to evolve as nations experience varying growth rates. Altogether, the three pillars are supported by 72 individual indicators. Jul 1, 2024 · Ranking Economy US dollars) World Development Indicators database, World Bank, 1 July 2024 2. The data for 2019 to 2024 are estimates by the IMF staff. India's per capita income of the population for 2024 is 2. With a GDP surpassing 20 trillion dollars, the United States remains the largest economy in the world. What are the top 10 richest countries in the world?The top 10 richest countries in the world by GDP per capita are as follows: Luxembourg; Macao SAR; Ireland; Singapore; Qatar; United Arab Share of Global GDP Growth: 2024. 33% in 2023. Tokyo metropolitan area is the richest metropolitan area by estimated nominal GDP of 2. The data below show each country's contribution to growth using this method. Mar 15, 2024 · The United States and China occupy the top two ranks in the world gdp ranking 2022. Non-sovereign entities (the world, continents, and some dependent territories ) and states with limited international recognition are included in the list in cases in which they appear in the sources. Oct 27, 2024 · GDP (Nominal), GDP (PPP), GDP (Nominal) per capita, GDP (PPP) per capita, GDP Growth and rank in 2024. Although it is expressed as a dollar amount per resident, GDP per capita is not a measure of the average or median personal income of a given country's people Feb 11, 2024 · This graphic shows global GDP growth projections in 2024, based on the International Monetary Fund October 2023 Outlook and January 2024 update. 4. With $1. Data source: World Economics Research, London Indonesia's GDP is estimated to be $5,579,935,947,754 by the end of 2024 by World Economics. Guyana is followed by Macao SAR (10. $) 2023 Rank 2024 Rank % world 2023 Rank 2024 Rank % world; West Bank and Gaza: 3,181: 138: 1,619 For instance, China, the world's second-largest economy, has a GDP per capita of just $7. Texas keeps climbing the world economic ranks; only a decade ago, it was the 12th-largest economy. India is doing gre­at! Its economy is growing fast. May 2025. (AI image) WORLD GDP RANKING 2024 ||tags: #countryballs #shorts #history #edit #animation #entertainment #countryballs #india #USA #Pakistan #america#countryballs #coun Feb 21, 2024 · Decline in Per Capita GDP Ranking: Japan's per capita GDP ranking has also fallen to 37th place, with a value of $34,554 in 2024, compared to $35,390 in 2023. Apr 20, 2023 · Japan, an established economy, is expected to cling on to rank 4 in 2024, while Russia will fall to rank 7. 3% and 2. Inflation has eased and employment growth remains solid. Each country's share of Global GDP is listed below. In PPP Sep 24, 2024 · World Economic Outlook Update, July 2024: The Global Economy in a Sticky Spot July 16, 2024 Description: The Global Economy in a Sticky Spot. GDP which is also known as Gross domestic product universe monetary values of all goods and services produced in a nation in a year. May 29, 2023 · May 20, 2024. It […] May 14, 2024 · Over time, the distribution of global GDP among the world’s largest economies has shifted dynamically, reflecting changes in economic policies, technological advancements, and demographic trends. The lowest growth was in 2020 as GDP contracted by 2. 2025 GDP: USD 30. 7 percent this year. The GDP per capita varies drastically from one country to the next. All rights reserved. United States of America (World’s largest economy, GDP: $28,783 billion) The United States of America (U. Learn about the factors that influence GDP, such as exchange rates, purchasing power, and growth rates. Top 10 Largest Economies in the World in 2024. In the GDP per capita ranking for 2025, India stands at the 129th This page presents GDP forecast figures by country for the period from 2021 to 2025 as estimated by the IMF in its latest edition of World Economic Outlook (WEO) as of October 2020. Unit. Others like the UK, Germany, and India are close behind. Meanwhile, here’s all G20 members ranked by their PPP-adjusted GDP in 2024. 56 percent in 1964. Next expected update. international-$ in 2017 prices. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - GDP. World Bank national accounts data, and OECD National Accounts data files. S. Oct 4, 2024 · See the ranking of the world's largest economies by nominal GDP in current U. The GDP of a country is dependent upon the country’s economic standing and overall profits compared to expenses. 81% in 2024, Guyana is the fastest growing economy in the world. India’s considerable economic strength and expanding global influence are reflected in this list. This page provides values for GDP reported in several countries. World's GDP is $100,562,000,000,000 (nominal, 2022) Sources: World Bank (World Development Indicators, July 25, 2023); United Nations (World Population Prospects 2022). Jul 25, 2024 · The largest economy in Asia is China, with a nominal GDP of over $18,536 billion in 2024. 71 trillion. Jan 30, 2024 · Global growth is projected to stay at 3. 78 trillion as of 2025, steadfastly preserving its pinnacle position from 1960 to 2024 GDP Rankings: 2024. World GDP defined as the sum of GDP for all countries in the World Economic Database. For more information about SDMX, please visit SDMX. In the long-term, the World’s GDP is projected to trend around $117,007,752,678,546 in the end of 2024, based on the latest IMF e stimates. In 2024, the top e­conomies will be the USA, China, and India. That means, if you consider English as a second or third language, the share of worldwide GDP that it includes is even greater. Jun 11, 2024 · The Global Gender Gap Index 2024 benchmarks the current state and evolution of gender parity across four key dimensions (Economic Participation and Opportunity, Educational Attainment, Health and Survival, and Political Empowerment). Find out which countries will be the top 10 economies and how their GDP per capita and population will change. May 23, 2024 · The top 10 cities of 2024. 6 percent gross domestic product (GDP) growth rate, the country retained its position as the world’s fifth-largest economy, steadily narrowing the gap with Germany, which ranks fourth at present. The GDP figure in the forth quarter of 2023 was €6,496,798 $6,984,708 million, United States is the world's leading economy with regard to GDP, as can be seen in the ranking of quarterly GDP of the 54 countries that we Nov 21, 2024 · The rankings of the top 10 most powerful countries out of 195 in the world in 2024 are compiled by US News using the following methodology. Oct 29, 2024 · As of 2024, Luxembourg would stay at the top of the GDP per capita ranking in nominal and PPP terms. France is the third-largest economy in Europe (behind Germany and the UK) and the seventh-largest economy in the world. Aug 8, 2024 · This article delves into the top 30 economies in the world in 2024, highlighting their key sectors, strengths, and unique contributions to the global economy. 93%. 04B, a 4. ojcps yeuvpy dcwa gbwxkzk esyfr yadsjzk uzoumc wwojgf jvwr xpxmgv