In 2017, the global GDP (or gross world product) amounted to about 80.14 trillion U.S. dollars. Data. In nominal data, China is forecast to become $15 trillion economy in 2020. Economy on Fire in Third Quarter. Wed, Oct 21st 2020. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). This statistic shows the global GDP (gross domestic product) from 2014 to 2024. 16 economies would have gdp above $1 trillion and 65 would have above $100 billion. World gdp growth rate for 2017 was 3.26%, a 0.67% increase from 2016. This list contains projected GDP (Nominal and PPP) of top 50 Countries/Economies in current prices of year 2019 and 2020 by IMF alongside their world rank, % share in world economy, gdp growth rate and gdp … Economic growth is the measure of the change of GDP from one year to the next. For the fifth year in a row, China was the world's largest economy in 2019. Download Historical Data Save as Image. It uses so-called international dollars to … ... GDP: linked series (current LCU) GDP, PPP (constant 2017 international $) GDP (current LCU) GDP, PPP (current international $) GDP per capita growth (annual %) Download. World gdp growth rate for 2016 was 2.59%, a 0.29% decline from 2015. Asia Economy. The third quarter growth was a record but the economy still faces a hard slog ahead.. Tim Smart Oct. 29, 2020 World Gross Domestic Product in US current dollars (not inflation-adjusted). The United States is the world's largest economy with a GDP of approximately $20.513 trillion, notably due to high average incomes, a large population, capital investment, low unemployment, high consumer spending, a relatively young population, and technological innovation. In PPP, biggest economy China shares almost one-fifth of world and lowest ranked Tuvalu shares 0.00003 percent.
Kenya, Ethiopia and Puerto Rico is projected to cross $100 in 2020. Data Source: World Bank MLA Citation: Economic prosperity is measured as via gross domestic product (GDP) per capita, the value of all goods and services produced by a country in one year divided by the country’s population. CSV XML EXCEL. Find Out .
Recovery may slow as 'steroid of fiscal stimulus' fades: JPMorgan Asset Management. World Economy. It contributed $22.5 trillion, or 17.3%, of the world's $130.1 trillion in gross domestic product (GDP), according to estimates by the World Bank. Source: World Bank > World > World GDP Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice, and may be delayed. World Economic Outlook Update, June 2020: A Crisis Like No Other, An Uncertain Recovery June 24, 2020 Description: Global growth is projected at –4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. World gdp growth rate for 2018 was 3.10%, a 0.16% decline from 2017.
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