World GDP, 1960 to 2025
World GDP stood at $118.35T in 2025, up 6.0% on the previous period.
The world produced $111 trillion of gross domestic product in 2024, up 4 percent from $106.7 trillion in 2023. The series begins at $1.37 trillion in 1960.
How it is measured
GDP is the market value of all final goods and services an economy produces in a year. The figures come from the World Bank's World Development Indicators (indicator NY.GDP.MKTP.CD), which compiles each country's national accounts under the UN System of National Accounts and converts local-currency values to US dollars at official market exchange rates, averaged over the year, with no inflation adjustment. Because the series is nominal, it moves with real output, domestic inflation, and the exchange rate together.
What the curve shows
This is the headline measure of economic size: budgets, market sizing, and country rankings all start from it. Over the window shown, the world's dollar GDP expanded roughly 81-fold, peaking at $111 trillion in 2024. The sharpest single-year drop in dollar terms came in 2015, at 5.5 percent; falls like this often reflect the exchange rate as much as the real economy.
Is this adjusted for inflation?
Why can dollar GDP fall while the economy grows?
Why nominal GDP instead of PPP?
Make this chart yours.
Open it in the editor with the data already loaded. Brand it, animate it, embed it.