The latest plotted observation compared with the one immediately before it.
Growth · observed
Economic growth
The yearly percentage change in the inflation adjusted value of goods and services produced.
Latest available value2.9%
World · 2025
Change from 2024+0.0 pts
One period comparison, not annualized
Data statusLatest available
Observed source series
Historical observationsGDP growth in World
2.9%2025
Explain this chart
Household spending, Business investment, Government activity
Annual GDP is revised, differs in reporting timing, and should not be read as a complete measure of wellbeing.
View accessible data table
| Period | Value | Status |
|---|---|---|
| 2025 | 2.9% | observed |
| 2024 | 2.9% | observed |
| 2023 | 2.9% | observed |
| 2022 | 3.4% | observed |
| 2021 | 6.5% | observed |
| 2020 | -2.9% | observed |
| 2019 | 2.7% | observed |
| 2018 | 3.3% | observed |
| 2017 | 3.4% | observed |
| 2016 | 2.8% | observed |
Why it matters
Growth helps show whether an economy is expanding or contracting, but it does not describe how gains are shared.
People often affected
- Workers
- Businesses
- Public budgets
- 01Household spending
- 02Business investment
- 03Government activity
- 04Trade
These are common mechanisms, not claims about what caused the latest movement.
Limits of this data
Annual GDP is revised, differs in reporting timing, and should not be read as a complete measure of wellbeing.
Revision status: The API does not expose a revision flag for these observations. Treat recent values as revisable.
Official source
World Bank: World Development Indicators
Series NY.GDP.MKTP.KD.ZG. Snapshot retrieved Aug 5, 2026. Reporting frequency: annual. Seasonal adjustment: not applicable.