Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
World Bank code: NY.GDP.MKTP.KD.ZG
• Data available for 214 countries • Latest year: 2024
The world median across 193 reporting countries was
3.38.
What this measures:
GDP (Gross Domestic Product) is the total monetary value of all goods and services produced within a country in a given year, measured in current US dollars. It is the most widely used measure of a country's economic size. Large populations and high productivity both contribute to high GDP. Note that GDP does not measure wealth distribution or individual living standards — for those, see GDP per capita.
How "Economy" indicators are measured
Economic indicators measure the size, structure, and dynamics of a country's economy. The World Bank collects data from national statistical offices, central banks, and the IMF, then normalizes it for cross-country comparison. Watch out for nominal versus real (inflation-adjusted) values: nominal figures in current US dollars are sensitive to exchange rate swings, while constant dollar series isolate real growth. Most macro indicators have a 1–2 year reporting lag.
Distribution — 2024
Reporting
193 countries
Median
3.38
Mean
3.07
25th percentile
1.60
75th percentile
4.57
Range
-26.56 – 43.82
World at a Glance — 2024
Every reporting country, grouped by region, shaded by value (quintile).
Lighter = lower value · Darker = higher value. Hover a cell to see the country and value.