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 41,366 30.8% 19.4%
United States A 21,425 26,876 9.0% 12.6%
India C 11,995 22,023 16.6% 10.3%
Russia C 7,286 8,290 1.7% 3.9%
Japan A 5,850 6,270 0.7% 2.9%
Germany A 5,284 5,807 0.9% 2.7%
Indonesia C 3,809 5,904 3.5% 2.8%
Brazil B 5,013 5,470 0.8% 2.6%
France A 3,844 4,316 0.8% 2.0%
United Kingdom A 3,575 4,120 0.9% 1.9%
Italy A 3,489 3,859 0.6% 1.8%
Mexico C 3,285 4,010 1.2% 1.9%
Türkiye B 2,463 3,980 2.5% 1.9%
Korea, Rep. A 2,586 3,298 1.2% 1.5%
Egypt E 1,806 3,039 2.0% 1.4%
Saudi Arabia C 2,147 2,717 0.9% 1.3%
Spain A 2,269 2,818 0.9% 1.3%
Canada A 2,154 2,510 0.6% 1.2%
Nigeria E 2,098 2,519 0.7% 1.2%
Thailand D 1,867 2,283 0.7% 1.1%
Poland B 1,425 2,036 1.0% 1.0%
Pakistan D 935 2,037 1.8% 1.0%
Bangladesh E 1,093 2,139 1.7% 1.0%
Vietnam E 1,093 2,046 1.6% 1.0%
Argentina C 1,697 1,721 0.0% 0.8%
Australia A 1,419 1,748 0.5% 0.8%
Taiwan A 1,186 1,633 0.7% 0.8%
Philippines C 1,045 1,737 1.1% 0.8%
Malaysia B 1,113 1,688 1.0% 0.8%
Netherlands A 1,140 1,375 0.4% 0.6%
Colombia B 1,031 1,329 0.5% 0.6%
South Africa B 1,088 1,308 0.4% 0.6%
Romania B 681 981 0.5% 0.5%
Kazakhstan D 723 963 0.4% 0.5%
Belgium A 769 908 0.2% 0.4%
United Arab Emirates B 674 907 0.4% 0.4%
Ukraine C 1,055 898 -0.3% 0.4%
Singapore A 624 834 0.3% 0.4%
Peru D 627 811 0.3% 0.4%
Switzerland A 664 800 0.2% 0.4%
Sweden A 640 777 0.2% 0.4%
Ireland A 291 690 0.7% 0.3%
Chile A 556 713 0.3% 0.3%
Algeria C 601 747 0.2% 0.3%
Austria A 579 640 0.1% 0.3%
Czechia A 487 601 0.2% 0.3%
Norway A 479 573 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 269 591 0.5% 0.3%
Angola E 527 522 0.0% 0.2%
Hungary B 365 488 0.2% 0.2%
Denmark A 400 503 0.2% 0.2%
Greece B 432 489 0.1% 0.2%
Myanmar D 349 482 0.2% 0.2%
Kenya D 284 504 0.4% 0.2%
Morocco C 357 457 0.2% 0.2%
Sri Lanka C 360 419 0.1% 0.2%
Uzbekistan D 243 432 0.3% 0.2%
Qatar C 340 395 0.1% 0.2%
Finland A 334 369 0.1% 0.2%
Ecuador D 354 373 0.0% 0.2%
Tanzania D 234 404 0.3% 0.2%
Ghana C 241 379 0.2% 0.2%
Dominican Republic B 224 370 0.2% 0.2%
Belarus C 345 363 0.0% 0.2%
Guatemala D 242 345 0.2% 0.2%
Kuwait D 305 301 0.0% 0.1%
Sudan E 280 205 -0.1% 0.1%
Cote d'Ivoire C 176 348 0.3% 0.2%
Azerbaijan D 269 305 0.1% 0.1%
New Zealand A 216 283 0.1% 0.1%
Congo, Dem. Rep E 181 308 0.2% 0.1%
Bulgaria B 206 281 0.1% 0.1%
Slovak Republic B 202 249 0.1% 0.1%
Nepal E 164 250 0.1% 0.1%
Oman B 170 242 0.1% 0.1%
Panama D 153 251 0.2% 0.1%
Serbia B 175 245 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 142 216 0.1% 0.1%
Uganda D 133 220 0.1% 0.1%
Afghanistan E 194 177 0.0% 0.1%
Lithuania B 124 166 0.1% 0.1%
Costa Rica B 117 177 0.1% 0.1%
Libya E 48 183 0.2% 0.1%
Paraguay D 131 172 0.1% 0.1%
Uruguay B 119 151 0.1% 0.1%
Cambodia E 94 160 0.1% 0.1%
Jordan B 111 141 0.0% 0.1%
Turkmenistan D 89 133 0.1% 0.1%
Slovenia A 97 129 0.1% 0.1%
Zambia D 96 133 0.1% 0.1%
Senegal C 77 134 0.1% 0.1%
Bahrain B 96 122 0.0% 0.1%
Georgia B 79 131 0.1% 0.1%
Honduras E 82 118 0.1% 0.1%
Zimbabwe E 93 116 0.0% 0.1%
Mali E 75 114 0.1% 0.1%
El Salvador C 86 111 0.0% 0.1%
Luxembourg A 80 99 0.0% 0.0%
Gabon E 84 103 0.0% 0.0%
Guinea E 53 101 0.1% 0.0%
Latvia B 73 91 0.0% 0.0%
Laos E 60 97 0.1% 0.0%
Madagascar E 69 95 0.0% 0.0%
Burkina Faso C 57 94 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 83 0.1% 0.0%
Estonia B 57 70 0.0% 0.0%
Guyana E 10 134 0.2% 0.1%
Congo, Rep. E 81 74 0.0% 0.0%
Niger C 43 77 0.1% 0.0%
Mongolia B 52 77 0.0% 0.0%
Botswana C 55 70 0.0% 0.0%
Albania C 50 68 0.0% 0.0%
Papua New Guinea E 51 69 0.0% 0.0%
Yemen, Rep. E 60 60 0.0% 0.0%
Trinidad and Tobago D 63 62 0.0% 0.0%
Tajikistan D 33 68 0.1% 0.0%
Cyprus A 39 62 0.0% 0.0%
Rwanda C 33 67 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 53 0.0% 0.0%
Mauritania D 35 50 0.0% 0.0%
Namibia C 39 46 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 41 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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