SECTIONS

Global Price Indexes

The World Price Index is calculated monthly from a basket of internationally comparable goods and services. It is designed to alleviate the horrendous problems associated with analysing economic or market data using currency market exchange rates.

Growth Trackers

The Growth Trackers are designed to provide a graphical snapshot of the very latest economic data.

2018

Global
Growth Tracker

June

United States
Growth Tracker

June

China
Growth Tracker

June

India
Growth Tracker

June

Eurozone
Growth Tracker

2018

Commonwealth
Growth Tracker

Global GDP Data
Gross Domestic Product (GDP)

Gross Domestic Product (GDP)

Download the world's most comprehensive GDP database. Covering over 130 countries with historical GDP PPP data from 1870-2017.

Data Quality Index

Data Quality Index (DQI)

The data quality index is designed to review the accuracy of GDP data worldwide. Most GDP data is flawed to an extent few realise.
See just how misleading GDP data can be.

Subscriptions

In a world of deeply flawed economic data, World Economics brings you the knowledge, insight, tools to make better decisions.

For just £215 / $305 for 12 months access brings you:
Plus for new subscriptions a trial of Sales Managers Index data until 31st March 2018. The first data each month on Business confidence, Sales, Jobs and much more...

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Latest Blogs

Serious Errors on UK Telecoms Data: Prices could have fallen by 90% more than the official price index
The Office of National Statistics (ONS), Britain’s official data agency, has admitted that it has made serious errors in its estimation of the output and productivity of the telecoms sector. A paper co-authored by Richard Heys, deputy chief economist of the ONS which compared approaches to deflating the output of the telecoms industry across countries found ...

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Can Big Data Improve Economic Measurement?
The amount of data generated and stored in the digital age is accelerating rapidly, but this is not reflected in official economic statistics. Half a decade ago one estimate put the daily global creation of data at around 2.5 exabytes [2.5×1018 bytes] and it was predicted last year that this would rise to...

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Africa Growth Prospects for 2018
Africa’s economic growth prospects are looking brighter for 2018 with an average forecast of 4.0 percent on 2017. Growth rebounded in the second half of 2016 and strengthened further in 2017, achieving a growth rate of 3.4 percent...

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Debt to GDP Ratio: Use with Care
One of the most widely used and misused statistics is the ratio of public debt to national income as a measure of a country’s solvency. The debt-to-GDP ratio itself is measured with a country's gross sovereign debt in the numerator and Gross Domestic Product (GDP) in the denominator...

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The Flaws in Population Data
Accurate world population data is immensely important in assessing the impact of people on the sustainability of the planet’s resources. According to World Economics there were an estimated 7.467 billion humans living on the planet in 2017...

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The UK Retail Price Index: Broken, Inaccurate and Unfair
Calculating price indexes that are theoretically sound, robust, comprehensive, easy to understand, and which reflect underlying reality is one of the hardest tasks in economics. Most measures of domestic inflation have flaws, but perhaps the least fit for purpose is the Retail Price Index (RPI) used in Britain.

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World GDP


CURRENT WORLD GDP
US$: 85,472,860,701,454
Estimated growth by $87,062 every second.


CURRENT POPULATION
7,448,393,649
Estimated to grow by 9226 every hour.


WORLD GDP PER-CAPITA
US$: 11,474.40
Estimated to next update within 20 minutes.