Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). ... World Bank national accounts data, and OECD National Accounts data files. Find Out, Online tool for visualization and analysis. If you continue to navigate this website beyond this page, cookies will be placed on your browser. 2019 Nominal GDP in Current U.S. It presents the most current and accurate global development data available, and includes national, regional and global estimates. ... 2019. A million species are threatened with extinction. The size of the world economy was $133 trillion in current US dollars in 2019, compared to $120 trillion current US dollars in 2017. CSV XML EXCEL. To learn more about cookies, click here. Attribution: Please cite the work as follows: World Bank (2019) “Making Ends Meet” Malaysia Economic Monitor (December), World Bank, Washington, DC. The World Bank Kenya has released the Kenya Economic Update of 2019 which shows that Kenya’s GDP grew by 0.1% in 2018 to reach a 5.8% growth from 4.9% in 2017. To learn more about cookies, click here. China’s economy is slowing, reflecting cyclical factors and longer-term structural trends. This site uses cookies to optimize functionality and give you the best possible experience. ... Label. World Development Indicators, The World Bank Data Notes: Year to year changes in the nominal level of output or income of an economy are affected by a combination of forces: real growth, price inflation, and exchange rates. Prudent fiscal and monetary policy are helping reduce inflation, interest rates, and the debt burden in 2019. Find Out . Data. As per World Bank estimates, the nominal world GDP in 2017 was $80,683.79 billion. Latest official GDP figures published by the World Bank. Nominal GDP does not take into account differences in the cost of livingin different countries, and the results can vary greatly from one year t… Gross national income per capita 2019, Atlas method and PPP Purchasing Atlas power parity methodology (international Ranking Economy (US dollars) Ranking Economy dollars) 125 West Bank and Gaza 3,710 125 Lao PDR 7,960 126 Cabo Verde 3,630 126 Eswatini 7,940 Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). The Gross Domestic Product (GDP) in Ghana was worth 66.98 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Nevertheless, real GDP growth is projected to remain robust with a slight deceleration to 6.5 percent in 2020 and 2021 (Table 1). Only agriculture is expected to positively contribute to growth in 2020. Data. ... 1989 - 2019 GDP (constant 2010 US$) ... GDP (constant 2010 US$) GDP (current US$) GDP (constant LCU) GDP: linked series (current LCU) GDP, PPP (constant 2017 international $) GDP (current LCU) GDP… As a result, moderate poverty (World Bank’s national methodology for Ukraine) is projected to decline to 14.5 percent in 2019 from 16.8 percent in 2018. The World Bank EdStats Query holds around 2,500 internationally comparable education indicators for access, progression, completion, literacy, teachers, population, and expenditures. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Find Out, Online tool for visualization and analysis. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. The World Bank baseline projection for GDP growth in 2019 remains unchanged at 6.2 percent. 1960 - 2019 This is because the revenue shortfalls of 1.6% of GDP was higher than expenditure cuts of 1% of GDP. Industry and services were the main drivers of growth on the supply side. The indicators cover the education cycle from pre-primary to tertiary education. Translations: If you create a translation of this work, please add the following disclaimer along with the attribution: This translation was not created by The World Bank … This site uses cookies to optimize functionality and give you the best possible experience. While the projection for the current financial year is not very good, the report titled January 2020 Global Economic Prospects also states that India's GDP will grow at 5.8% … Biodiversity is declining faster … GDP in Ghana averaged 13.79 USD Billion from 1960 until 2019, reaching an all time high of 66.98 USD Billion in 2019 … [Note: Even though Global … Structure of output Despite the positive surprise in GDP growth in Q1 2019, net exports are unlikely to provide a sustained boost in the coming months, as new trade tariffs take effect and global growth slows. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Tajikistan’s reported real GDP growth rate remained robust at 7.2 percent year-on-year in the first three quarters of 2019, similar to the growth rates of 7.1–7.3 percent recorded in 2017–18. at 7.1 percent in 2018, real GDP growth in 2019 is projected to decelerate by 0.5 percentage points, led by weaker external demand and continued tightening of credit and fiscal policies. List of countries by GDP (Gross domestic product) may refer to: . Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). World Bank national accounts data, and OECD National Accounts data files. source: World Bank 10Y 25Y In World Bank data, Monaco and Liechtenstein has better per capita gdp … Private sector credit grew stronger, supported largely by the well … On the demand side, buoyant domestic demand supported growth. World Development Indicators, The World Bank Data Notes: Year to year changes in the nominal level of output or income of an economy are affected by a combination of forces: real growth, price inflation, and exchange rates. Sts. The GDP value of Ghana represents 0.06 percent of the world economy. Our response to the pandemic crisis today will shape our common future for years to come. Dollars: $21.43 trillion 2019 … The Gross Domestic Product (GDP) in the United States was worth 21427.70 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. World Development Indicators: Show Metadata Links. International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme. The GDP value of the United States represents 17.65 percent of the world economy. If you continue to navigate this website beyond this page, cookies will be placed on your browser. Global growth is expected to slow to 2.9 percent in 2019. International … Find Out . China Economic Update - December 2019 7 Executive Summary. Growth will increasing depend on World Development Indicators (WDI) is the primary World Bank collection of development indicators, compiled from officially recognized international sources. Real gross domestic product (GDP) growth is projected to decelerate from an annual average of 5.7% (2015-2019) to 1.5% in 2020. International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. The Global Economic Prospects (GEP) is the World Bank’s semi-annual flagship publication on the state of the world economy. ... 1960 - 2019 GDP per capita growth (annual %) ... GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Find Out . In a nutshell, the outlook for the global economy has darkened, amid slowing activity and heightened downside risks. World's GDP is $80,934,771,028,340 (nominal, 2017).. See also: GDP per Capita International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. The general government fiscal deficit was 4.4% of GDP in 2019, compared to 1.8% in 2014. Gross domestic product 2019 (millions of Ranking Economy US dollars) USA 1 United States 21,427,700 CHN 2 China 14,342,903 ... World Bank, 1 July 2020 1. Fiscal performance for the first half of 2019 showed an overall budget deficit (on cash basis) of 3.3% of GDP higher than the target of 2.9% of GDP. Data. GDP growth (annual %) GDP (constant 2010 US$) GDP (constant LCU) GDP: linked series (current LCU) GDP, PPP (constant 2017 international $) GDP (current LCU) GDP, PPP (current … Find Out . In 2018, the nominal world GDP was $84,835.46 billion in 2018, and it’s projected to be $88,081.13 billion in 2019. Five G20 member countries increased their share of global GDP over the period with the largest gain seen in China, which increased its share by over one percentage point to account for … In his Foreword, World Bank Group President David Malpass examines global prospects and notes that “Making the right investments now is vital both to support the recovery when it is urgently needed and foster resilience. In 2018, the growth rate for … However, if takes longer than expected to bring the COVID-19 pandemic under control, GDP could contract by 1.0% in 2020, and see a delay in the projected recovery to 5.2% growth in 2021. Unemployment and underemployment are expected to increase, affecting poor households and increasing the share of the population vulnerable to falling into poverty. United States. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). India's gross domestic product (GDP) is expected to register a growth of just 5% in the financial year 2019-20, according to a World Bank report. Data. Gross domestic product 2019, PPP (millions of Ranking Economy international dollars) TON 186 Tonga 662 a FSM 187 Micronesia, Fed. GDP (current US$) from The World Bank: Data. DataBank. While international prices for aluminum and cotton increased, prices for precious … The world economy consists of 193 economies, with the United States being the largest. As of 2019 at current $, Luxembourg is the richest country of the world having GDP (nominal) per capita over one lakh USD that is close to 10 times to the world GDP per capita of $11,463 and over 400 times of lowest ranked South Sudan of US$275. Population figures based on United Nations data. Notwithstanding the recent conclusion of the phase one agreement between China and the United States, short -term risks remain tilted to the downs ide amid a … ... 1990 - 2019 GDP, PPP (constant 2017 international $) ... GDP, PPP (constant 2017 international $) GDP (current US$) GDP growth (annual %) GDP (constant 2010 US$) GDP (constant LCU) Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). List of countries by GDP (nominal), a list using the current exchange rates for national currencies List of countries by GDP (nominal) per capita; List of countries by GDP (PPP), a list using the concept of purchasing power parity to derive GDP estimates List of countries by GDP …
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