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Global GDP Ranking
Nominal Gross Domestic Product by Country (USD) 1960 - 2024
About this Indicator
Gross Domestic Product (GDP) measures the total monetary value of all finished goods and services produced within a country's borders in a given year. It is the broadest quantitative measure of a nation's total economic activity.
Measured in current US dollars (nominal), converted from local currencies using official exchange rates, not adjusted for inflation or purchasing power parity.
Data Profile
This dataset covers the period from 1960 to 2024, recording data for 212 entities. Data is sourced from World Bank.
- As of 2024, United States holds the top position with a value of $28.75T.
Limitations
Nominal values are affected by exchange rate fluctuations and may not reflect real changes in economic output. Comparisons across countries and years should account for currency movements.
Data Source & License
Licensed under CC BY 4.0.
Data is retrieved from the original source and formatted by Data Race.