Gross domestic product (GDP), Constant prices, Percent change in World
World: Gross domestic product (GDP), Constant prices, Percent change was 3.07 in 2031. ▬ Flat
Gross domestic product (GDP), Constant prices, Percent change in World, 1990–2031
Source: International Monetary Fund.
Analysis
In 2031, gross domestic product (gdp), constant prices, percent change in World stood at 3.07.
Compared with earlier readings it is down 0.1% on the previous year and down 53.8% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, percent change in World peaked at 6.65 in 2021 and was at its lowest, -2.71, in 2020.
Gross domestic product (GDP), Constant prices, Percent change in World, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 3.23 | — |
| 1991 | 2.47 | -23.3% |
| 1992 | 2.17 | -12.1% |
| 1993 | 1.95 | -10.4% |
| 1994 | 3.13 | +60.9% |
| 1995 | 3.27 | +4.4% |
| 1996 | 3.87 | +18.1% |
| 1997 | 4.04 | +4.6% |
| 1998 | 2.61 | -35.5% |
| 1999 | 3.57 | +36.9% |
| 2000 | 4.8 | +34.5% |
| 2001 | 2.48 | -48.3% |
| 2002 | 2.83 | +14.2% |
| 2003 | 3.8 | +34.1% |
| 2004 | 5.26 | +38.6% |
| 2005 | 4.71 | -10.5% |
| 2006 | 5.29 | +12.2% |
| 2007 | 5.36 | +1.5% |
| 2008 | 2.93 | -45.4% |
| 2009 | -0.3576 | -112.2% |
| 2010 | 5.25 | -1568.9% |
| 2011 | 4.1 | -21.9% |
| 2012 | 3.39 | -17.4% |
| 2013 | 3.38 | -0.2% |
| 2014 | 3.56 | +5.3% |
| 2015 | 3.45 | -3.1% |
| 2016 | 3.22 | -6.5% |
| 2017 | 3.84 | +19.2% |
| 2018 | 3.64 | -5.2% |
| 2019 | 2.96 | -18.8% |
| 2020 | -2.71 | -191.6% |
| 2021 | 6.65 | -345.8% |
| 2022 | 3.77 | -43.3% |
| 2023 | 3.33 | -11.8% |
| 2024 | 3.42 | +2.7% |
| 2025 | 3.44 | +0.7% |
| 2026 | 3.06 | -11.2% |
| 2027 | 3.22 | +5.5% |
| 2028 | 3.24 | +0.5% |
| 2029 | 3.16 | -2.4% |
| 2030 | 3.07 | -2.7% |
| 2031 | 3.07 | -0.1% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), Constant prices, Percent change in World changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +1568.9% | -0.3576 | 5.25 |
| 2021 | +345.8% | -2.71 | 6.65 |
| 2020 | -191.6% | 2.96 | -2.71 |
| 2009 | -112.2% | 2.93 | -0.3576 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.03 | 1.95 | 4.04 | 10 |
| 2000s | 3.71 | -0.3576 | 5.36 | 10 |
| 2010s | 3.68 | 2.96 | 5.25 | 10 |
| 2020s | 3.06 | -2.71 | 6.65 | 10 |
| 2030s | 3.07 | 3.07 | 3.07 | 2 |
Countries ranked near World
- 1 India 6.51 compare
- 2 Bangladesh 6.07 compare
- 3 Philippines 6.01 compare
- 4 Bhutan 5.56 compare
- 5 Cambodia 5.46 compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.49 trillion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0126 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 180.85 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.35 trillion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -14.25 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0114 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 163.93 BoP, current US$ per person (2025)
- General government final consumption expenditure (current US$) 4.45 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, percent change in World?
- Gross domestic product (gdp), constant prices, percent change in World was 3.07 in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, percent change recorded in World?
- The highest recorded value was 6.65 in 2021.
- What is the lowest gross domestic product (gdp), constant prices, percent change recorded in World?
- The lowest recorded value was -2.71 in 2020.
- How does World rank for gross domestic product (gdp), constant prices, percent change?
- World ranks 2nd out of 2 groups with data for 2031.
- Is gross domestic product (gdp), constant prices, percent change rising or falling in World?
- Over the last ten years it is down 53.8%. The long-run trend across the full record is flat.
- Where does this World data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Percent change, Domestic currency (National Accounts Statistics (SNA)). Statizoid updates them automatically from the source API.
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About this data
APD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in Asia and the Pacific. Data for the REO for Asia and Pacific is prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall. Data are consistent with the projections underlying the WEO. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.