Population figures based on United … World's GDP is $80,934,771,028,340 (nominal, 2017).. See also: GDP per Capita 1. Main GDP countries. How Greed and Easy Money Corrupted Wall Street and Shook the World Economy Rebasing changes the reference year (or base year) for the real (chained dollar and quantity index) estimates and price indexes and expresses GDP and other NIPA … 1 500 1000 1500 2015 $0 $20 trillion $40 trillion $60 trillion $80 trillion $100 trillion. 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. Access to a financial account or services, Average GDP growth rate 1960-2011 versus GDP per capita in 1960, Average real GDP per capita across regions, Average years of schooling vs. Expected years of schooling, Average years of schooling vs. GDP per capita, CO₂ emissions per capita vs GDP per capita, Composition of national gross domestic product by sector, Expected years of schooling vs. GDP per capita, GDP per capita (inflation- and PPP-adjusted): World Bank data vs. Penn World Table data, GDP per capita from the World Bank (in constant 2011 international $) vs. GDP per capita from the Maddison Project (in 2011US$, multiple benchmarks), GDP per capita from the World Bank (in constant 2011 international $) vs. GDP per capita from the Maddison Project (in 2011US$, single benchmarks), GDP per person employed (constant 2011 PPP $), Growth rate of real GDP per employed person, Historical Index of Human Development (without GDP metric) vs. GDP per capita, Historical Index of Human Development vs. GDP per capita, Historical Index of Human Development with GDP metric vs. without GDP metric, Human Development Index vs. GDP per capita, Labor force participation rate of men, 65 years and older in the USA, Median monthly per capita expenditure around 1985 versus Median monthly per capita expenditure around 2010, Median monthly per capita expenditure vs. GDP per capita, Medical doctors per 1,000 people vs. GDP per capita, Monthly per capita expenditure – mean versus median, National poverty lines vs. GDP per capita, Nominal wages, consumer prices, and real wages in the UK, Output of key industrial sectors in England and the UK, Output of key service and industrial sectors in England and the UK, Price level relative to the US vs GDP per capita, Self-reported Life Satisfaction vs GDP per capita, Settler mortality faced by European settlers at the time of colonization vs GDP per capita today, Share of adults who smoke vs GDP per capita, Share of children who are stunted vs GDP per capita, Share of consumer expenditure spent on food vs. GDP per capita, The decline of child mortality by level of prosperity, Total economic output in England since 1270. Infographic exploring the trends in world GDP from 1AD to 2008AD. Find Out . Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Spread love everywhere you go. Do Payrolls Have A Measurement Problem Leading To Strong Numbers. China. Looking at the GDP figures from a historic perspective allows an understanding of what phase is the economy of a country at the moment. Global GDP in terms of PPP is forecasted around of Int$141.86 trillion. GDP is the single most commonly referenced figure to cover the entirety of a national economy and its trajectory in a single … Learn More... Get subscriber-only insights and news delivered by Barry every two weeks. Steam engine, internal combustion engine, silicon makes up for size. World GDP over the last two millennia. Brazil represented 3.34% of the world's economy in 2011 (highest point), and had its lowest world economy share at 1.55% in 1969. The gross world product (GWP) is the combined gross national product of all the countries in the world equals to the total global GDP. Graph and download economic data for Gross Domestic Product for World (DISCONTINUED) (MKTGDP1WA646NWDB) from 1960 to 2015 about World and GDP. Interactive visualization requires JavaScript. World gdp growth rate for 2019 was 2.48%, a 0.62% decline from 2018. 1750–1990 (Bairoch) In his 1995 book Economics and World History, economic historian Paul Bairoch gave the following estimates in terms of 1960 US dollars, for GNP from 1750 to 1990, comparing what are today the Third World (Asia, Africa, Latin America) and the First World (Western Europe, Northern America, Japan, Singapore and South Korea) CSV XML EXCEL. Data. World economy, comprising 193 economies, in 2019 is projected around of US$86.60 trillion in nominal terms, according to IMF. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). Once the industrial revolution came along, followed by the information revolution, mere size mattered less. Population figures based on United Nations data. World gdp growth rate for 2016 was 2.59%, a 0.29% decline from 2015. 2011 prices. ... GDP: linked series (current LCU) GDP, PPP (constant 2017 international $) GDP (current LCU) GDP, PPP (current international $) GDP per capita growth (annual %) Download. Infographic exploring the trends in world GDP from 1AD to 2008AD. ... GDP: linked series (current LCU) GDP, PPP (constant 2017 international $) GDP (current LCU) GDP, PPP (current international $) GDP per capita growth (annual %) Download. Eventually, India and Chinaaccounted for more than … GDP is the single most commonly referenced figure to cover the entirety of a national economy and its trajectory in a single … The Achaemenid Empire was the only civilization in all of history to connect over 40% of the global population, accounting for approximately 49.4 million of the world's 112.4 million people in around 480 BC. Disclosures Latest official GDP figures published by the World Bank. August 17, 2010 3:00pm by Data. Later, the Roman Empire expanded to become one of the largest empires in the ancient world with an estimated 50 to 90 million inhabitants (roughly 20% of the world's population at the time) and covering 5.0 million square kilometres at its height in AD 117. The gross world product (GWP) is the combined gross national income of all the countries in the world.Because imports and exports balance exactly when considering the whole world, this also equals the total global gross domestic product (GDP). World gdp growth rate for 2017 was 3.26%, a 0.67% increase from 2016. Current World GDP is 75.87 trillion USD. The national income and product accounts (NIPAs) currently use the year 2000 as the base period. Please consult our full legal disclaimer. License: All of Our World in Data is completely open access and all work is licensed under the Creative Commons BY license. 1750–1990 (Bairoch) In his 1995 book Economics and World History, economic historian Paul Bairoch gave the following estimates in terms of 1960 US dollars, for GNP from 1750 to 1990, comparing what are today the Third World (Asia, Africa, Latin America) and the First World (Western Europe, Northern America, Japan, Singapore and South Korea) In depth view into US GDP as % of World GDP including historical data from 1960, charts and stats. You have the permission to use, distribute, and reproduce in any medium, provided the source and authors are credited. They were the biggest economies because they had a the biggest populations, and up until 200 years ago, population size was a dominant factor in economic output. UPDATE: I see that Paul points to a gigantic Excel table, if you want to play with numbers yourself. Canada. World gdp growth rate for 2018 was 3.10%, a 0.16% decline from 2017. CSV XML EXCEL. Barry Ritholtz, Via the Economist, we see this intriguing histogram of Global GDP (below), “Data compiled by Angus Maddison, an economist who died earlier this year, suggest that China and India were the biggest economies in the world for almost all of the past 2000 years.”, “Why they fell so far behind may be more of a mystery than why they are currently flourishing.”. Total output of the world economy; adjusted for inflation and expressed in international-$ in. Latest official GDP figures published by the World Bank. World GDP table by year, historic, and current data. Find Out . The period from which the weights for a measurement series are derived. Privacy Policy 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. Brazil. Infographic exploring the trends in world GDP from 1AD to 2008AD. GDP (current US$) from The World Bank: Data. Infographic exploring the trends in world GDP from 1AD to 2008AD. The data on GDP by country from the World Bank presented on this page covers the period for the last half of the century.