economy
Global GDP
Total market value of all goods and services produced worldwide in a year, measured in current US dollars.
WLDTier 1 Source
Global GDP
Official value (2024): $110,982,661,180,013
+46.8%in time period
Global GDP growth (2015–2024)
+46.8%in time period
Chart data: 2015: 75,621,913,961,646.2 current US$, 2016: 76,831,684,012,526.2 current US$, 2017: 81,839,102,917,044.7 current US$, 2018: 87,050,964,956,078.4 current US$, 2019: 88,483,262,418,196.6 current US$, 2020: 85,912,761,035,231.2 current US$, 2021: 98,140,475,264,975.9 current US$, 2022: 102,251,524,725,531 current US$, 2023: 106,741,647,821,064 current US$, 2024: 110,982,661,180,013 current US$
Top Countries by Global GDP (2023)
RankCountrycurrent US$Share
#1
United States
29,184,890,000,000
26.30%
#2
China
18,743,803,170,827.2
16.89%
#3
Germany
4,659,929,336,890.62
4.20%
#4
Japan
4,026,210,821,146.81
3.63%
#5
India
3,912,686,168,582.21
3.53%
#6
United Kingdom
3,643,834,188,782.91
3.28%
#7
France
3,162,079,073,495.78
2.85%
#8
Italy
2,372,774,547,793.12
2.14%
#9
Canada
2,241,253,230,970.34
2.02%
#10
Brazil
2,179,412,080,828.59
1.96%
Frequently Asked Questions
- What is Global GDP in 2024?
- As of 2024, Global GDP stands at approximately $111.0 trillion, based on official data from World Bank Open Data. This figure is updated annually and reflects the most recent verified measurement available.
- Which country has the highest Global GDP?
- United States leads the global ranking with $29.2 trillion, accounting for 26.3% of the world total. Rankings are published annually by World Bank Open Data.
- Is Global GDP increasing or decreasing?
- Global GDP is currently growing at approximately 4.0% per year. This rate is derived from the most recent multi-year trend reported by World Bank Open Data.
- What does Global GDP measure?
- Total market value of all goods and services produced worldwide in a year, measured in current US dollars. Data is collected by World Bank Open Data using standardized international methodology across all member countries.
How is this calculated? Read the methodology