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.
Publisher source record
World Bank: World Development Indicators
Series NY.GDP.MKTP.KD.ZG. Snapshot retrieved Aug 17, 2026. Reporting frequency: annual. Seasonal adjustment: not applicable.
Series source organization: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
World Economy independently selected, cached, and transformed this WDI subset. The World Bank and upstream source organizations do not endorse this product.