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 22,935 41,304 31.1% 19.6%
United States A 21,452 26,889 9.2% 12.7%
India C 11,278 20,547 15.7% 9.7%
Russia B 6,580 7,582 1.7% 3.6%
Japan A 5,886 6,310 0.7% 3.0%
Germany A 5,242 5,762 0.9% 2.7%
Indonesia C 3,860 5,920 3.5% 2.8%
Brazil B 5,007 5,479 0.8% 2.6%
France A 3,931 4,416 0.8% 2.1%
United Kingdom A 3,599 4,147 0.9% 2.0%
Mexico C 3,331 4,047 1.2% 1.9%
Italy A 3,408 3,770 0.6% 1.8%
Türkiye B 2,427 3,929 2.5% 1.9%
Korea, Rep. A 2,592 3,306 1.2% 1.6%
Egypt D 1,763 2,921 2.0% 1.4%
Saudi Arabia C 2,146 2,693 0.9% 1.3%
Spain A 2,245 2,788 0.9% 1.3%
Canada A 2,158 2,515 0.6% 1.2%
Nigeria E 2,116 2,513 0.7% 1.2%
Thailand D 1,819 2,226 0.7% 1.1%
Poland B 1,415 2,022 1.0% 1.0%
Pakistan D 926 1,996 1.8% 0.9%
Bangladesh E 1,080 2,089 1.7% 1.0%
Vietnam E 1,112 2,056 1.6% 1.0%
Argentina C 1,701 1,716 0.0% 0.8%
Australia A 1,444 1,780 0.6% 0.8%
Malaysia B 1,136 1,705 1.0% 0.8%
Philippines B 1,054 1,733 1.2% 0.8%
Taiwan A 1,160 1,595 0.7% 0.8%
Netherlands A 1,133 1,367 0.4% 0.6%
Colombia B 1,001 1,295 0.5% 0.6%
South Africa B 1,076 1,275 0.3% 0.6%
Romania B 697 1,004 0.5% 0.5%
Kazakhstan D 747 997 0.4% 0.5%
Belgium A 766 904 0.2% 0.4%
United Arab Emirates B 689 928 0.4% 0.4%
Ukraine B 1,049 897 -0.3% 0.4%
Peru D 648 836 0.3% 0.4%
Singapore A 625 836 0.4% 0.4%
Switzerland A 660 796 0.2% 0.4%
Sweden A 635 771 0.2% 0.4%
Algeria C 660 822 0.3% 0.4%
Chile B 564 725 0.3% 0.3%
Ireland A 288 681 0.7% 0.3%
Austria A 571 632 0.1% 0.3%
Czechia A 492 607 0.2% 0.3%
Norway A 467 560 0.2% 0.3%
Israel B 387 559 0.3% 0.3%
Hong Kong D 507 577 0.1% 0.3%
Ethiopia E 270 584 0.5% 0.3%
Angola E 537 526 0.0% 0.2%
Portugal A 424 529 0.2% 0.3%
Hungary B 366 490 0.2% 0.2%
Myanmar E 360 491 0.2% 0.2%
Denmark A 387 488 0.2% 0.2%
Kenya C 291 507 0.4% 0.2%
Greece B 416 472 0.1% 0.2%
Sri Lanka C 376 432 0.1% 0.2%
Morocco B 345 441 0.2% 0.2%
Uzbekistan D 245 434 0.3% 0.2%
Qatar D 343 394 0.1% 0.2%
Finland A 331 366 0.1% 0.2%
Tanzania D 235 400 0.3% 0.2%
Ghana C 244 380 0.2% 0.2%
Ecuador D 346 363 0.0% 0.2%
Dominican Republic B 216 356 0.2% 0.2%
Belarus C 336 355 0.0% 0.2%
Guatemala C 238 339 0.2% 0.2%
Sudan E 285 206 -0.1% 0.1%
Azerbaijan E 290 330 0.1% 0.2%
Kuwait D 305 298 0.0% 0.1%
Cote d'Ivoire C 174 339 0.3% 0.2%
New Zealand A 216 283 0.1% 0.1%
Bulgaria B 208 284 0.1% 0.1%
Congo, Dem. Rep E 180 302 0.2% 0.1%
Slovak Republic A 200 246 0.1% 0.1%
Nepal E 161 243 0.1% 0.1%
Oman C 169 238 0.1% 0.1%
Serbia C 178 246 0.1% 0.1%
Panama D 150 247 0.2% 0.1%
Tunisia D 180 209 0.1% 0.1%
Bolivia E 164 213 0.1% 0.1%
Croatia B 146 212 0.1% 0.1%
Cameroon D 143 214 0.1% 0.1%
Uganda D 133 217 0.1% 0.1%
Afghanistan E 195 177 0.0% 0.1%
Costa Rica B 117 178 0.1% 0.1%
Lithuania A 123 164 0.1% 0.1%
Libya E 48 180 0.2% 0.1%
Paraguay D 132 172 0.1% 0.1%
Uruguay B 128 161 0.1% 0.1%
Cambodia E 99 168 0.1% 0.1%
Jordan B 111 139 0.0% 0.1%
Turkmenistan D 89 133 0.1% 0.1%
Zambia D 98 135 0.1% 0.1%
Slovenia A 95 126 0.1% 0.1%
Senegal C 78 133 0.1% 0.1%
Georgia B 81 134 0.1% 0.1%
Bahrain D 96 121 0.0% 0.1%
Zimbabwe E 94 116 0.0% 0.1%
Honduras E 81 116 0.1% 0.1%
Mali E 75 113 0.1% 0.1%
El Salvador C 83 107 0.0% 0.1%
Luxembourg A 79 98 0.0% 0.0%
Gabon E 83 101 0.0% 0.0%
Madagascar E 71 96 0.0% 0.0%
Guinea E 52 97 0.1% 0.0%
Laos E 59 94 0.1% 0.0%
Latvia A 70 87 0.0% 0.0%
Burkina Faso C 57 92 0.1% 0.0%
Bosnia and Herzegovina D 63 86 0.0% 0.0%
Lebanon C 119 85 -0.1% 0.0%
Armenia B 53 88 0.1% 0.0%
Mozambique D 58 84 0.0% 0.0%
Benin C 49 84 0.1% 0.0%
Nicaragua D 60 81 0.0% 0.0%
Estonia A 57 70 0.0% 0.0%
Niger D 45 80 0.1% 0.0%
Congo, Rep. E 84 76 0.0% 0.0%
Guyana D 10 132 0.2% 0.1%
Mongolia B 53 77 0.0% 0.0%
Botswana B 57 70 0.0% 0.0%
Papua New Guinea E 50 67 0.0% 0.0%
Albania C 48 66 0.0% 0.0%
Yemen, Rep. E 60 59 0.0% 0.0%
Tajikistan E 33 70 0.1% 0.0%
Trinidad and Tobago C 63 61 0.0% 0.0%
Chad E 58 62 0.0% 0.0%
Rwanda C 33 66 0.1% 0.0%
North Macedonia B 48 59 0.0% 0.0%
Cyprus B 38 61 0.0% 0.0%
Haiti E 56 52 0.0% 0.0%
Kyrgyzstan D 42 61 0.0% 0.0%
Moldova B 45 55 0.0% 0.0%
Brunei C 52 55 0.0% 0.0%
Malawi C 41 54 0.0% 0.0%
Mauritania C 35 49 0.0% 0.0%
Namibia C 40 47 0.0% 0.0%
Jamaica D 38 42 0.0% 0.0%
Mauritius B 31 44 0.0% 0.0%
Malta B 23 42 0.0% 0.0%
Togo C 25 41 0.0% 0.0%
Iceland A 21 29 0.0% 0.0%
Sierra Leone D 24 28 0.0% 0.0%
Eswatini D 17 23 0.0% 0.0%
Burundi E 19 21 0.0% 0.0%
Bahamas, The C 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 D 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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