Share of Global GDP Growth: 2024

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.






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Country: World Economics
Data Quality Grade
(A-E)		 GDP 2014
(PPP, Billions Int$)		 GDP 2024
(PPP, Billions Int$)		 Share of
10-Year Growth
(%, 2014-2024)		 Share of
Global GDP
(%, 2024)
China C 22,732 40,973 30.5% 19.2%
United States A 21,425 26,881 9.1% 12.6%
India C 11,995 21,929 16.8% 10.3%
Russia C 7,286 8,311 1.7% 3.9%
Japan A 5,850 6,306 0.8% 3.0%
Germany A 5,284 5,820 0.9% 2.7%
Indonesia C 3,809 5,859 3.4% 2.7%
Brazil B 5,013 5,454 0.7% 2.6%
France A 3,844 4,318 0.8% 2.0%
United Kingdom A 3,575 4,128 0.9% 1.9%
Italy A 3,489 3,864 0.6% 1.8%
Mexico C 3,285 3,984 1.2% 1.9%
Türkiye B 2,463 3,996 2.6% 1.9%
Korea, Rep. A 2,586 3,298 1.2% 1.6%
Egypt D 1,806 2,998 2.0% 1.4%
Saudi Arabia C 2,147 2,697 0.9% 1.3%
Spain A 2,269 2,814 0.9% 1.3%
Canada A 2,154 2,510 0.6% 1.2%
Nigeria E 2,098 2,489 0.7% 1.2%
Thailand D 1,867 2,285 0.7% 1.1%
Poland B 1,425 2,038 1.0% 1.0%
Pakistan D 935 2,016 1.8% 0.9%
Bangladesh E 1,093 2,121 1.7% 1.0%
Vietnam E 1,093 2,027 1.6% 1.0%
Argentina C 1,697 1,712 0.0% 0.8%
Australia A 1,419 1,750 0.6% 0.8%
Taiwan A 1,186 1,631 0.7% 0.8%
Philippines C 1,045 1,723 1.1% 0.8%
Malaysia B 1,113 1,673 0.9% 0.8%
Netherlands A 1,140 1,375 0.4% 0.6%
Colombia B 1,031 1,332 0.5% 0.6%
South Africa B 1,088 1,293 0.3% 0.6%
Romania B 681 981 0.5% 0.5%
Kazakhstan D 723 968 0.4% 0.5%
Belgium A 769 908 0.2% 0.4%
United Arab Emirates B 674 908 0.4% 0.4%
Ukraine C 1,055 904 -0.3% 0.4%
Singapore A 624 835 0.4% 0.4%
Peru D 627 809 0.3% 0.4%
Switzerland A 664 800 0.2% 0.4%
Sweden A 640 777 0.2% 0.4%
Ireland A 291 689 0.7% 0.3%
Chile A 556 715 0.3% 0.3%
Algeria C 601 749 0.2% 0.4%
Austria A 579 640 0.1% 0.3%
Czechia A 487 601 0.2% 0.3%
Norway A 479 574 0.2% 0.3%
Israel A 400 577 0.3% 0.3%
Hong Kong A 502 572 0.1% 0.3%
Portugal A 434 542 0.2% 0.3%
Ethiopia E 269 584 0.5% 0.3%
Angola E 527 516 0.0% 0.2%
Hungary B 365 488 0.2% 0.2%
Denmark A 400 503 0.2% 0.2%
Greece B 432 490 0.1% 0.2%
Myanmar D 349 476 0.2% 0.2%
Kenya D 284 496 0.4% 0.2%
Morocco C 357 457 0.2% 0.2%
Sri Lanka C 360 414 0.1% 0.2%
Uzbekistan D 243 432 0.3% 0.2%
Qatar B 340 391 0.1% 0.2%
Finland A 334 369 0.1% 0.2%
Ecuador D 354 372 0.0% 0.2%
Tanzania D 234 399 0.3% 0.2%
Ghana C 241 374 0.2% 0.2%
Dominican Republic B 224 370 0.2% 0.2%
Belarus C 345 365 0.0% 0.2%
Guatemala D 242 345 0.2% 0.2%
Kuwait D 305 299 0.0% 0.1%
Sudan E 280 209 -0.1% 0.1%
Cote d'Ivoire C 176 344 0.3% 0.2%
Azerbaijan D 269 306 0.1% 0.1%
New Zealand A 216 283 0.1% 0.1%
Congo, Dem. Rep E 181 306 0.2% 0.1%
Bulgaria B 206 281 0.1% 0.1%
Slovak Republic B 202 249 0.1% 0.1%
Nepal E 164 248 0.1% 0.1%
Oman B 170 240 0.1% 0.1%
Panama D 153 253 0.2% 0.1%
Serbia B 175 242 0.1% 0.1%
Bolivia E 168 217 0.1% 0.1%
Tunisia D 174 203 0.0% 0.1%
Croatia B 145 211 0.1% 0.1%
Cameroon D 142 213 0.1% 0.1%
Uganda D 133 217 0.1% 0.1%
Afghanistan E 194 176 0.0% 0.1%
Lithuania B 124 166 0.1% 0.1%
Costa Rica B 117 178 0.1% 0.1%
Libya E 48 183 0.2% 0.1%
Paraguay D 131 171 0.1% 0.1%
Uruguay B 119 151 0.1% 0.1%
Cambodia E 94 159 0.1% 0.1%
Jordan B 111 140 0.0% 0.1%
Turkmenistan D 89 133 0.1% 0.1%
Slovenia A 97 129 0.1% 0.1%
Zambia D 96 132 0.1% 0.1%
Senegal C 77 132 0.1% 0.1%
Bahrain C 96 121 0.0% 0.1%
Georgia B 79 132 0.1% 0.1%
Honduras E 82 117 0.1% 0.1%
Zimbabwe E 93 115 0.0% 0.1%
Mali E 75 113 0.1% 0.1%
El Salvador C 86 111 0.0% 0.1%
Luxembourg A 80 99 0.0% 0.0%
Gabon E 84 102 0.0% 0.0%
Guinea E 53 100 0.1% 0.0%
Latvia B 73 91 0.0% 0.0%
Laos E 60 96 0.1% 0.0%
Madagascar E 69 94 0.0% 0.0%
Burkina Faso C 57 93 0.1% 0.0%
Bosnia and Herzegovina D 64 87 0.0% 0.0%
Lebanon D 121 86 -0.1% 0.0%
Mozambique D 58 84 0.0% 0.0%
Armenia B 52 87 0.1% 0.0%
Nicaragua D 61 82 0.0% 0.0%
Benin C 48 84 0.1% 0.0%
Estonia B 57 70 0.0% 0.0%
Guyana E 10 150 0.2% 0.1%
Congo, Rep. E 81 74 0.0% 0.0%
Niger C 43 76 0.1% 0.0%
Mongolia B 52 76 0.0% 0.0%
Botswana C 55 69 0.0% 0.0%
Albania C 50 68 0.0% 0.0%
Papua New Guinea E 51 68 0.0% 0.0%
Yemen, Rep. E 60 59 0.0% 0.0%
Trinidad and Tobago D 63 62 0.0% 0.0%
Tajikistan E 33 69 0.1% 0.0%
Cyprus A 39 62 0.0% 0.0%
Rwanda C 33 66 0.1% 0.0%
Haiti E 59 54 0.0% 0.0%
North Macedonia B 47 58 0.0% 0.0%
Chad E 56 60 0.0% 0.0%
Kyrgyzstan D 42 61 0.0% 0.0%
Moldova B 46 57 0.0% 0.0%
Brunei C 52 54 0.0% 0.0%
Malawi C 40 52 0.0% 0.0%
Mauritania D 35 50 0.0% 0.0%
Namibia C 39 45 0.0% 0.0%
Jamaica E 39 43 0.0% 0.0%
Mauritius B 31 43 0.0% 0.0%
Malta B 22 42 0.0% 0.0%
Togo C 24 40 0.0% 0.0%
Iceland A 21 29 0.0% 0.0%
Sierra Leone D 24 27 0.0% 0.0%
Eswatini D 17 23 0.0% 0.0%
Burundi E 19 21 0.0% 0.0%
Bahamas, The B 16 20 0.0% 0.0%
Bhutan E 12 19 0.0% 0.0%
Suriname C 19 17 0.0% 0.0%
Liberia E 13 15 0.0% 0.0%
Gambia D 9 14 0.0% 0.0%
Central African Republic E 9 11 0.0% 0.0%
Lesotho C 9 9 0.0% 0.0%
Guinea-Bissau E 5 8 0.0% 0.0%
Cabo Verde C 4 7 0.0% 0.0%
Comoros D 3 4 0.0% 0.0%

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.


Data quality grade definitions:
         A: As good as it gets
         B: Good
         C: Use with caution
         D: Poor
         E: Extremely poor quality






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