The GDP per capita is calculated by dividing a country’s GDP by its population. Therefore, a populated country with a low total GDP will have a low GDP per capita, while a small rich nation has a high GDP per capita. For instance, South Africa has Africa’s highest GDP, but also ...
Although the United States is not the largest country in the world (either by landmass or population), it is the world's biggest economy in terms ofgross domestic product(GDP), a position it has maintained since 1871.12 GDP measures the total value of goods and services a country produces o...
Gross domestic product (GDP) of China 2023, by region Published byC. Textor,Jul 1, 2024 Regional gross domestic product (GDP) in China varies tremendously across the country. In 2023, the GDP of Guangdong province amounted to around 13.6 trillion yuan, whereas that of Tibet only reached about...
Noun1.GDP- the measure of an economy adopted by the United States in 1991; the total market values of goods and services produced by workers and capital within a nation's borders during a given period (usually 1 year) gross domestic product ...
Economically countries are ranked as per the GDP. This article lists the top countries by GDP in the world by 2024, are United States, China, Germany, Japan, India, United Kingdom, France, Italy.
10.Italy– Country GDP $2.04 trillion Italy’s economy is the 3rd largest in theEurozoneand the 10th largest by GDP. In addition to its sizable economy, Italy is one of the most influential countries in Europe; it is a key member of the Eurozone, EU, the G7, the OECD, and the G20...
Fact checked by Vikki Velasquez A U.S. president’s policies can greatly affectgross domestic product (GDP), an indicator used to measure a country’s economic activity. GDP is the monetary value of all finished goods and services produced in a country during a specific period. GDP growth me...
Real GDP Growth by Country Comparisoncountry/region Last Frequency Range Albania (%) 4.7 Dec 2022 quarterly Mar 2010 - Dec 2022 Algeria (%) 3.6 Jun 2024 quarterly Mar 2000 - Jun 2024 Argentina (%) 1.2 Mar 2023 quarterly Mar 2005 - Mar 2023 Armenia (%) 12.1 Mar 2023 quarterly Mar...
Among the top 50 economies with the highest GDP per capita, Guyana has the highest growth rate of 43.81%. Five economies will experience negative growth rates in 2024. Kuwait has the lowest growth rate of -2.72%, followed by Estonia (-0.88%). GDP per capita ranking has been occupied by ...
See Also: » World GDP Ranking » Countries by GDP (PPP) » Countries by GDP Growth » Countries by projected GDP » Countries by GDP (nominal) per capita View More Economy StatisticsGDP is the total market value of all final goods and services produced in a country in a given...