Annual GDP growth in World
World: Annual GDP growth was 2.9% in 2024. β Volatile
Latest (2024)
2.9%
Change on year
down 3.5%
Rank
5th
of 13 regions
All-time high
6.4%
in 2021
All-time low
-2.9%
in 2020
Years of data
25
2000β2024
Annual GDP growth in World, 2000β2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual gdp growth in World stood at 2.9%.
The figure is down 3.5% on the previous year and down 8.5% over ten years.
Over the whole period, annual gdp growth in World peaked at 6.4% in 2021 and was at its lowest, -2.9%, in 2020.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.0% | -1.3% | 4.5% | 10 |
| 2010s | 3.2% | 2.7% | 4.5% | 10 |
| 2020s | 2.5% | -2.9% | 6.4% | 5 |
Countries ranked near World
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- GNI per capita, Atlas method 14,244 current US$ (2025)
- GNI 117.70 trillion current US$ (2025)
- GNI, Atlas method 117.02 trillion current US$ (2025)
- Gross domestic savings 26.9% (2024)
- Gross domestic savings 30.01 trillion current US$ (2024)
- GDP per capita growth 2.0% (2025)
- GDP per capita 12,131 constant 2015 US$ (2025)
- GDP per capita 14,406 current US$ (2025)
Frequently asked questions
- What is annual gdp growth in World?
- Annual gdp growth in World was 2.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in World?
- The highest recorded value was 6.4% in 2021.
- What is the lowest annual gdp growth recorded in World?
- The lowest recorded value was -2.9% in 2020.
- How does World rank for annual gdp growth?
- World ranks 5th out of 13 regions with data for 2024.
- Is annual gdp growth rising or falling in World?
- Over the last ten years it is down 8.5%. The long-run trend across the full record is volatile.
- Where does this World data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).