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Country Share of Global GDP Growth

PERCENTAGE SHARE OF GLOBAL GROWTH IN THE PAST 10 YEARS

Over the past 10 years the global economy is estimated to have grown by 35%. Growth has been measured in GDP Purchasing Power Parity terms with allowances made for the Base Year and the size of the Informal economy. The data below show each country's contribution to growth using this method.

Data source: World Economics Research, London



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Country: GDP Data Quality GDP 2012
(Billions Int$)
GDP 2022
(Billions Int$)
Share of 10 Year Growth
China Grade B 17,308 31,622 32.1%
India Grade C 9,242 15,822 14.7%
United States Grade A 18,760 23,045 9.6%
Indonesia Grade C 3,175 4,812 3.7%
Turkey Grade B 2,215 3,674 3.3%
Bangladesh Grade D 672 1,495 1.8%
Pakistan Grade C 1,078 1,856 1.7%
Korea, Rep. Grade A 2,223 2,881 1.5%
Egypt Grade D 1,328 2,010 1.5%
Vietnam Grade D 860 1,535 1.5%
Germany Grade A 4,455 4,998 1.2%
Poland Grade A 1,191 1,675 1.1%
Philippines Grade B 865 1,375 1.1%
United Kingdom Grade A 3,008 3,462 1.0%
Saudi Arabia Grade B 1,972 2,416 1.0%
Taiwan Grade B 1,119 1,564 1.0%
Nigeria Grade D 1,600 2,021 0.9%
Japan Grade A 5,336 5,717 0.9%
Mexico Grade C 2,959 3,347 0.9%
Malaysia Grade B 874 1,266 0.9%
France Grade A 3,192 3,534 0.8%
Ireland Grade A 273 632 0.8%
Russia Grade B 5,086 5,378 0.7%
Canada Grade A 1,790 2,104 0.7%
Thailand Grade C 1,532 1,839 0.7%
Australia Grade A 1,170 1,458 0.6%
Colombia Grade B 797 1,082 0.6%
Romania Grade A 528 763 0.5%
Spain Grade A 2,034 2,276 0.5%
Ethiopia Grade D 200 435 0.5%
Israel Grade A 345 505 0.4%
Kenya Grade C 228 389 0.4%
Brazil Grade B 4,108 4,283 0.4%
Netherlands Grade A 960 1,142 0.4%
Kazakhstan Grade C 503 671 0.4%
Singapore Grade A 487 658 0.4%
Peru Grade D 504 662 0.4%
United Arab Emirates Grade A 632 826 0.4%
South Africa Grade B 980 1,175 0.4%
Switzerland Grade A 557 679 0.3%
Dominican Republic Grade B 176 292 0.3%
Uzbekistan Grade C 207 361 0.3%
Algeria Grade B 485 599 0.3%
Chile Grade A 468 604 0.3%
Morocco Grade B 305 418 0.3%
Hungary Grade B 303 425 0.3%
Cote d'Ivoire Grade C 125 243 0.3%
Sweden Grade A 531 651 0.3%
Denmark Grade A 331 401 0.2%
Norway Grade A 354 426 0.2%
Sri Lanka Grade B 310 383 0.2%
Ghana Grade C 181 291 0.2%
Turkmenistan Grade B 75 146 0.2%
Myanmar Grade C 253 349 0.2%
Czech Republic Grade A 406 499 0.2%
Guatemala Grade C 167 235 0.2%
Congo, Dem. Rep Grade D 121 207 0.2%
Belgium Grade A 639 732 0.2%
Italy Grade A 3,072 3,164 0.2%
Tanzania Grade C 154 264 0.2%
Nepal Grade D 131 199 0.2%
Honduras Grade D 71 96 0.1%
Uganda Grade C 102 160 0.1%
Qatar Grade B 259 316 0.1%
Cameroon Grade C 99 151 0.1%
Laos Grade D 50 85 0.1%
Uruguay Grade B 88 112 0.1%
Senegal Grade C 58 97 0.1%
Panama Grade D 144 206 0.1%
Austria Grade A 491 552 0.1%
Ecuador Grade D 261 288 0.1%
Hong Kong Grade A 437 501 0.1%
Bulgaria Grade B 169 223 0.1%
Serbia Grade B 152 199 0.1%
Tajikistan Grade C 28 55 0.1%
Tunisia Grade C 143 170 0.1%
Burkina Faso Grade C 46 75 0.1%
Zambia Grade D 81 109 0.1%
Slovak Republic Grade B 169 203 0.1%
Bolivia Grade D 130 179 0.1%
Sudan Grade D 287 333 0.1%
Mali Grade D 60 90 0.1%
Finland Grade A 285 316 0.1%
Lithuania Grade B 99 136 0.1%
Cambodia Grade D 78 132 0.1%
Benin Grade C 40 68 0.1%
Guyana Grade D 11 38 0.1%
Costa Rica Grade A 101 144 0.1%
Portugal Grade A 382 445 0.1%
Oman Grade A 144 204 0.1%
Guinea Grade D 36 63 0.1%
Azerbaijan Grade C 178 208 0.1%
Argentina Grade D 1,408 1,436 0.1%
Paraguay Grade C 103 140 0.1%
Jordan Grade B 107 133 0.1%
Croatia Grade A 131 169 0.1%
Georgia Grade B 62 92 0.1%
New Zealand Grade A 186 248 0.1%
Slovenia Grade A 83 110 0.1%
Kyrgyzstan Grade C 31 44 0.0%
Mauritania Grade B 22 30 0.0%
Lesotho Grade C 8 8 0.0%
El Salvador Grade C 71 86 0.0%
Haiti Grade D 50 53 0.0%
Sierra Leone Grade D 20 24 0.0%
Nicaragua Grade C 46 61 0.0%
Niger Grade C 30 49 0.0%
Brunei Darussalam Grade D 41 40 0.0%
Chad Grade D 40 44 0.0%
Botswana Grade B 44 56 0.0%
Luxembourg Grade A 65 83 0.0%
Zimbabwe Grade D 58 66 0.0%
Kuwait Grade C 284 291 0.0%
Togo Grade C 17 28 0.0%
Gabon Grade D 53 67 0.0%
Madagascar Grade D 59 76 0.0%
Liberia Grade D 10 12 0.0%
Estonia Grade B 47 64 0.0%
Albania Grade C 44 56 0.0%
Guinea-Bissau Grade D 4 6 0.0%
Congo, Rep. Grade D 45 36 0.0%
Bahrain Grade B 79 101 0.0%
Mauritius Grade A 27 34 0.0%
Malta Grade A 18 31 0.0%
Afghanistan Grade D 131 120 0.0%
Yemen, Rep. Grade D 58 60 0.0%
Namibia Grade B 24 28 0.0%
Mongolia Grade B 34 50 0.0%
Bhutan Grade D 10 14 0.0%
Gambia Grade C 7 10 0.0%
Angola Grade D 379 393 0.0%
Armenia Grade B 42 59 0.0%
Bahamas, The Grade B 18 18 0.0%
Trinidad and Tobago Grade C 54 51 0.0%
Moldova Grade B 36 52 0.0%
Jamaica Grade D 38 40 0.0%
Mozambique Grade C 43 63 0.0%
Suriname Grade C 15 13 0.0%
Eswatini Grade C 14 18 0.0%
Libya Grade D 186 189 0.0%
Burundi Grade D 14 16 0.0%
Belarus Grade B 242 236 0.0%
Bosnia and Herzegovina Grade C 54 70 0.0%
North Macedonia Grade B 38 47 0.0%
Papua New Guinea Grade D 39 56 0.0%
Rwanda Grade B 25 46 0.0%
Latvia Grade B 61 77 0.0%
Greece Grade A 404 420 0.0%
Cyprus Grade A 39 49 0.0%
Comoros Grade C 3 4 0.0%
Iceland Grade A 18 24 0.0%
Malawi Grade B 30 43 0.0%
Central African Republic Grade D 11 9 0.0%
Cabo Verde Grade C 4 5 0.0%
Lebanon Grade C 131 90 -0.1%
Ukraine Grade B 824 502 -0.7%

See: Data for individual countries by using country lists


Source: World Economics
Notes: GDP is GDP Purchasing Power Parity in Constant Prices with allowances for base year and the size of the informal economy.
             Countries with Grade D quality data have been omitted.


Key:
Data Quality Grade definitions:
         A: As good as it gets;
         B: Use with caution;
         C: Unreliable for many purposes
         D: Extremely poor quality.






The table above shows the extraordinary contribution made by the worlds five largest economies which account for 84% of all global growth in the past 10 years. In dollar terms, this amounts to growth of Int$26 trillion. The chart below shows the World Economics' assessment of the distribution of global growth. It highlights the paramount importance of China and India. in the world's overal economic growth.



The top 20 economies contributing to global growth

The top 20 economies contributing to global growth




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