This is an alphabetical list of countries by past and projected gross domestic product (nominal) as ranked by the imf. figures are based on official exchange rates, not on the purchasing power parity (ppp) methodology. values are given in millions of united states dollars (usd) and have not been adjusted for inflation. List of countries by gdp (nominal) gross domestic product (gdp) is the market value of all final goods and services from a nation in a given year. [ 2] countries are sorted by nominal gdp estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
This gdp indicator provides information on global economic growth and income levels in the very long run. estimates are available as far back as 1 ce. this data is adjusted for inflation and for differences in the cost of living between countries. this data is expressed in international $ at 2017 prices, merging data from the world bank. China. china represented 1.61% of the world's economy in 1987 (lowest point), rising to 18.4% (nominal) and 19% (ppp) in 2022. it accounted for 25.4% of global gdp in 1 ce, 29% of world global output in 1600 ce, 17.3% of the world's economy in 1870, and 33% in 1820 (its highest point). china's share of global gdp varied from a quarter to a. World gdp for 2021 was $97,153.18b, a 13.93% increase from 2020. world gdp for 2020 was $85,272.68b, a 2.85% decline from 2019. world gdp for 2019 was $87,777.40b, a 1.43% increase from 2018. gdp at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not. Visualizing the world’s largest economies (1970 2020) global gdp has grown massively over the last 50 years, but not all countries experienced this economic growth equally. in 1970, the world’s nominal gdp was just $3.4 trillion. fast forward a few decades and it had reached $85.3 trillion by 2020.
World gdp for 2021 was $97,153.18b, a 13.93% increase from 2020. world gdp for 2020 was $85,272.68b, a 2.85% decline from 2019. world gdp for 2019 was $87,777.40b, a 1.43% increase from 2018. gdp at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not. Visualizing the world’s largest economies (1970 2020) global gdp has grown massively over the last 50 years, but not all countries experienced this economic growth equally. in 1970, the world’s nominal gdp was just $3.4 trillion. fast forward a few decades and it had reached $85.3 trillion by 2020. In 1960, japan had an economy that was only 10% of the size of the united states. but in just a decade, japan would see sustained real gdp growth – often in the double digits each year – that allowed the country to rocket past both the united kingdom and france to become the world’s second largest economy. it would hold this title. The data on gdp by country from the world bank presented on this page covers the period for the last half of the century. looking at the gdp figures from a historic perspective allows an understanding of what phase is the economy of a country at the moment. gdp is the single most commonly referenced figure to cover the entirety of a national economy and its trajectory in a single statistic.
In 1960, japan had an economy that was only 10% of the size of the united states. but in just a decade, japan would see sustained real gdp growth – often in the double digits each year – that allowed the country to rocket past both the united kingdom and france to become the world’s second largest economy. it would hold this title. The data on gdp by country from the world bank presented on this page covers the period for the last half of the century. looking at the gdp figures from a historic perspective allows an understanding of what phase is the economy of a country at the moment. gdp is the single most commonly referenced figure to cover the entirety of a national economy and its trajectory in a single statistic.
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