Homepage > Regions > Developed Markets

Developed Markets

23 COUNTRIES MAKE UP THE DEVELOPED MARKETS

World Economics has combined 23 countries to represent the Developed Markets. Overall these countries account for 34% of Global GDP and 18% of global GDP growth in the past 10 years (2011-2021).

The Developed Markets are home to over 1.0 billion people with an average life expectancy of 82 years and a current median age of 42 against a global average of 31.



Economics




Developed Market
Countries
Revised GDP PPP
Int$, Billions
CAGR
10 Year
Rate
%, 2011-2021
Share of
Global
GDP
%
Share of Global GDP Growth
%, 2011-2021
Revised GDP Per Capita
Int$
Government Debt to Revised GDP
%







Australia 1,439.6 2.5% 0.9% 0.7% 55,823 54.4%
Austria 525.4 0.7% 0.3% 0.1% 58,098 76.4%
Belgium 713.0 1.2% 0.4% 0.2% 61,297 90.8%
Canada 2,037.0 1.5% 1.2% 0.6% 53,509 100.8%
Denmark 390.6 1.7% 0.2% 0.1% 67,196 32.4%
Finland 308.6 0.7% 0.2% 0.0% 55,628 58.2%
France 3,449.3 0.8% 2.1% 0.6% 52,721 99.3%
Germany 4,890.0 1.0% 3.0% 1.0% 58,283 63.1%
Hong Kong 508.1 1.7% 0.3% 0.2% 67,269 1.9%
Ireland 577.1 7.8% 0.3% 0.7% 115,807 49.2%
Israel 470.5 3.4% 0.3% 0.3% 53,530 57.0%
Italy 3,064.5 -0.3% 1.9% -0.2% 50,764 121.9%
Japan 5,640.0 0.7% 3.4% 0.9% 44,744 240.0%
Netherlands 1,094.9 1.2% 0.7% 0.3% 63,754 51.6%
New Zealand 252.8 3.4% 0.2% 0.2% 52,008 44.6%
Norway 410.9 1.8% 0.2% 0.2% 75,182 41.6%
Portugal 415.4 0.4% 0.3% 0.0% 40,853 106.0%
Singapore 630.8 3.1% 0.4% 0.4% 106,969 120.3%
Spain 2,187.8 0.4% 1.3% 0.2% 46,803 97.8%
Sweden 628.3 1.6% 0.4% 0.2% 61,838 32.8%
Switzerland 662.2 1.8% 0.4% 0.3% 75,977 39.3%
United Kingdom 3,400.7 1.4% 2.1% 1.0% 49,858 86.4%
United States 22,522.2 2.1% 13.6% 9.7% 67,651 123.6%

Developed Markets
Totals / Averages:
56,219.4 N/A 34.1% 17.7% 62,416* 77.8%*


World Economics revised GDP data removes serious errors in GDP measurement.
Revised GDP data can be used to analyse and compare country investment potential, but other hidden faults may still be present in source GDP data. Learn more...


Notes:
  • GDP data includes estimates for the Informal Economy, and updated Base Years, to improve the often imperfect quality of Developed Markets data.
  • Debt-to-GDP ratio is total gross government debt as a proportion of revised GDP.
  • Data with an astrix (*) represents an average for all countries.
  • Offical GDP data quality is often poor in Developed Market countries. See data quality for individual countries.







Demography




Developed Market
Countries
Population
Data Quality
Grade
Total
Population
Millions
Life Expectancy
Years
Median
Age
Years
Statistical Capacity
0-100 Index
Age Dependency
Total






Australia A 25.8 83 37.9 100.0 44.9
Austria B 9.0 82 43.5 100.0 49.4
Belgium A 11.6 82 41.9 100.0 43.0
Canada A 38.1 82 41.1 100.0 48.8
Denmark A 5.8 81 42.3 100.0 42.7
Finland B 5.5 82 43.1 100.0 37.6
France A 65.4 83 42.3 100.0 37.6
Germany B 83.9 81 45.7 100.0 44.6
Hong Kong A 7.6 85 44.8 100.0 55.3
Ireland A 5.0 82 38.2 100.0 45.2
Israel B 8.8 83 30.5 100.0 32.7
Italy A 60.4 84 47.3 100.0 43.0
Japan A 126.1 85 48.4 100.0 31.0
Netherlands A 17.2 82 43.3 100.0 44.4
New Zealand A 4.9 82 38.0 100.0 44.2
Norway A 5.5 82 39.8 100.0 46.7
Portugal B 10.2 82 46.2 100.0 44.2
Singapore B 5.9 84 42.2 100.0 65.5
Spain B 46.7 84 44.9 100.0 47.6
Sweden B 10.2 83 41.1 100.0 38.8
Switzerland B 8.7 84 43.1 100.0 48.4
United Kingdom A 68.2 81 40.5 100.0 42.9
United States A 332.9 79 38.3 100.0 46.1

Developed Markets
Totals / Averages:
N/A 963.3 82* 41.9* 100.0* 44.5*


Notes:
  • Data with an astrix (*) represents an average for all countries.
  • Statistical Capacity Index numbers shown on a scale of 0-100.
    100 = High level of resources, 0 = Low level of resrouces.


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








Environmental, Social and Governance




Developed Market
Countries:
Carbon Emissions
Total MTCo2e
Methane Emissions
Total MTCo2e
Population in Poverty
% of Pop
Years of Schooling
Years
Rule
of Law
0-100 Index
Corruption Levels
0-100 Index






Australia 411.0 139.9 <0.1% 13 89.4 73
Austria 68.5 6.7 <0.1% 13 93.4 74
Belgium 99.7 8.2 <0.1% 12 82.5 73
Canada 576.7 95.5 <0.1% 13 89.5 74
Denmark 32.1 7.1 <0.1% 13 94.6 88
Finland 41.7 4.2 <0.1% 13 100.0 88
France 323.6 58.3 <0.1% 12 81.4 71
Germany 702.0 53.4 <0.1% 14 87.1 80
Hong Kong 41.5 - <0.1% 12 87.9 76
Ireland 37.1 16.8 <0.1% 13 85.7 74
Israel 64.2 12.1 <0.1% 13 73.3 59
Italy 337.1 43.7 <0.1% 10 54.6 56
Japan 1,106.7 21.1 <0.1% 13 86.3 73
Netherlands 154.8 17.3 <0.1% 12 92.1 82
New Zealand 36.5 32.5 <0.1% 13 95.2 88
Norway 42.4 4.9 <0.1% 13 97.7 85
Portugal 48.6 11.3 <0.1% 9 77.9 62
Singapore 38.9 4.2 <0.1% 12 95.1 85
Spain 252.7 39.9 <0.1% 10 70.9 61
Sweden 42.8 4.6 <0.1% 13 93.3 85
Switzerland 37.7 4.8 <0.1% 13 93.8 84
United Kingdom 369.9 51.2 <0.1% 13 85.6 78
United States 5,284.7 623.8 <0.1% 13 82.4 67

Developed Markets
Totals/Averages:
10,150.8 1,261.5 N/A 12* 86.5* 75*


Notes:
  • Data with an astrix (*) represents an average for all countries.
  • Index numbers shown on a scale of 0-100.
    Rule of Law: 100 = High rule of law, 0 = low rule of law.
    Corruption Perceptions Index: 100 = Low levels of corruption, 0 = High levels of corruption.
  • Total Carbon and Methane data expressed in MTCo2e (Million Metric Tons of CO2 equivalent)
  • Data with an astrix (*) represents an average for all countries.



Please read our Terms of Service and Disclaimer relating to data on this page.








ECONOMICS
DEMOGRAPHY
ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA