Gross domestic product in current market prices

(million US dollars)

The United States of America is the top country by GDP in the world. As of 1st quarter 2024, GDP in the United States of America was 7,071,100 million US dollars that accounts for 46.10% of the world's GDP. The top 5 countries (others are China, Germany, the United Kingdom, and France) account for 93.75% of it. The world's total GDP was estimated at 15,337,865 million US dollars in 1st quarter 2024.

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What is GDP?

GDP is sum of gross value added, at purchaser prices converted at market exchange rates to current U.S. dollars, by all resident producers in the economy plus any product taxes (less subsidies) not included in the valuation of output. It is calculated without deducting for depreciation of fabricated capital assets or for depletion and degradation of natural resources.