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Gross world product
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<h2 id="recent-growth">Recent growth</h2> <p>The table below gives recent percentage values for overall GWP growth from 2006 through 2020, as well as an estimate for 2021, according to the <a href="/facts/International_Monetary_Fund/tPSTWWS4">International Monetary Fund</a> (IMF)'s World Economic Outlook database. Data is given in terms of constant year-on-year prices.<a class="footnote-ref" id="fnref:7" href="#fn:7"><sup>7</sup></a> </p> Gross world product growth rate (%)<table><tbody><tr><th>Region</th><th>2006</th><th>2007</th><th>2008</th><th>2009</th><th>2010</th><th>2011</th><th>2012</th><th>2013</th><th>2014</th><th>2015</th><th>2016</th><th>2017</th><th>2018</th><th>2019</th><th>2020</th><th>2021</th></tr><tr><td>World average</td><td>5.4</td><td>5.6</td><td>3.1</td><td>-0.1</td><td>5.4</td><td>4.3</td><td>3.5</td><td>3.4</td><td>3.5</td><td>3.4</td><td>3.3</td><td>3.8</td><td>3.6</td><td>2.8</td><td>-3.1</td><td>5.9</td></tr></tbody></table> <h2 id="historical-and-prehistorical-estimates">Historical and prehistorical estimates</h2> <p>In 1998, economic historian <a href="/facts/J._Bradford_DeLong/S2JWRYHr">J. Bradford DeLong</a> estimated the total GWP in 1990 U.S. dollars for the main years between one million years BCE and 2000 CE (shown in the table below).<a class="footnote-ref" id="fnref:8" href="#fn:8"><sup>8</sup></a> </p><p>Estimates from 2000 onwards are based on world GDP, PPP estimates in 2021 constant international dollars from the World Bank and subsequently converted to 1990 US$.<a class="footnote-ref" id="fnref:9" href="#fn:9"><sup>9</sup></a><a class="footnote-ref" id="fnref:10" href="#fn:10"><sup>10</sup></a> "Billion" in the table below refers to the <a href="/facts/Long_and_short_scale/qkxEuNw2">short scale</a> usage of the term, where 1 billion = 1,000 million = 109. </p> <table><tbody><tr><th>Year</th><th>Real GWP ($ billions, 1990 <a href="/facts/International_dollar/W4DX2X9h">Intl$</a>)</th><th><a href="/facts/Compound_annual_growth_rate/wqWNy1fd">Compound annual growth rate</a></th></tr><tr><td>2020 CE</td><td>70,320.48<a class="footnote-ref" id="fnref:11" href="#fn:11"><sup>11</sup></a><a class="footnote-ref" id="fnref:12" href="#fn:12"><sup>12</sup></a></td><td>+3.43%</td></tr><tr><td>2015 CE</td><td>63,461.60<a class="footnote-ref" id="fnref:13" href="#fn:13"><sup>13</sup></a><a class="footnote-ref" id="fnref:14" href="#fn:14"><sup>14</sup></a></td><td>+5.55%</td></tr><tr><td>2010 CE</td><td>53,752.07<a class="footnote-ref" id="fnref:15" href="#fn:15"><sup>15</sup></a><a class="footnote-ref" id="fnref:16" href="#fn:16"><sup>16</sup></a></td><td>+5.70%</td></tr><tr><td>2005 CE</td><td>45,325.58<a class="footnote-ref" id="fnref:17" href="#fn:17"><sup>17</sup></a><a class="footnote-ref" id="fnref:18" href="#fn:18"><sup>18</sup></a></td><td>+6.05%</td></tr><tr><td>2000 CE</td><td>37,820.35<a class="footnote-ref" id="fnref:19" href="#fn:19"><sup>19</sup></a><a class="footnote-ref" id="fnref:20" href="#fn:20"><sup>20</sup></a></td><td>+3.91%</td></tr><tr><td>1995 CE</td><td>33,644.33</td><td>+4.09%</td></tr><tr><td>1990 CE</td><td>27,539.57</td><td>+4.14%</td></tr><tr><td>1985 CE</td><td>22,481.11</td><td>+3.62%</td></tr><tr><td>1980 CE</td><td>18,818.44</td><td>+4.43%</td></tr><tr><td>1975 CE</td><td>15,149.42</td><td>+4.53%</td></tr><tr><td>1970 CE</td><td>12,137.94</td><td>+5.87%</td></tr><tr><td>1965 CE</td><td>9,126.98</td><td>+5.89%</td></tr><tr><td>1960 CE</td><td>6,855.25</td><td>+4.77%</td></tr><tr><td>1955 CE</td><td>5,430.44</td><td>+5.88%</td></tr><tr><td>1950 CE</td><td>4,081.81</td><td>+3.12%</td></tr><tr><td>1940 CE</td><td>3,001.36</td><td>+2.91%</td></tr><tr><td>1930 CE</td><td>2,253.81</td><td>+1.4%</td></tr><tr><td>1925 CE</td><td>2,102.88</td><td>+3.94%</td></tr><tr><td>1920 CE</td><td>1,733.67</td><td>+2.29%</td></tr><tr><td>1900 CE</td><td>1,102.96</td><td>+2.69%</td></tr><tr><td>1875 CE</td><td>568.08</td><td>+1.84%</td></tr><tr><td>1850 CE</td><td>359.90</td><td>+1.45%</td></tr><tr><td>1800 CE</td><td>175.24</td><td>+0.62%</td></tr><tr><td>1750 CE</td><td>128.51</td><td>+0.51%</td></tr><tr><td>1700 CE</td><td>99.80</td><td>+0.40%</td></tr><tr><td>1650 CE</td><td>81.74</td><td>+0.12%</td></tr><tr><td>1600 CE</td><td>77.01</td><td>+0.27%</td></tr><tr><td>1500 CE</td><td>58.67</td><td>+0.27%</td></tr><tr><td>1400 CE</td><td>44.92</td><td>+0.21%</td></tr><tr><td>1350 CE</td><td>40.50</td><td>+0.47%</td></tr><tr><td>1300 CE</td><td>32.09</td><td>-0.21%</td></tr><tr><td>1250 CE</td><td>35.58</td><td>-0.10%</td></tr><tr><td>1200 CE</td><td>37.44</td><td>-0.056%</td></tr><tr><td>1100 CE</td><td>39.60</td><td>+0.11%</td></tr><tr><td>1000 CE</td><td>35.31</td><td>+0.11%</td></tr><tr><td>900 CE</td><td>31.68</td><td>+0.23%</td></tr><tr><td>800 CE</td><td>25.23</td><td>+0.074%</td></tr><tr><td>700 CE</td><td>23.44</td><td>+0.12%</td></tr><tr><td>600 CE</td><td>20.86</td><td>+0.046%</td></tr><tr><td>500 CE</td><td>19.92</td><td>+0.077%</td></tr><tr><td>400 CE</td><td>18.44</td><td>+0.056%</td></tr><tr><td>350 CE</td><td>17.93</td><td>-0.022%</td></tr><tr><td>200 CE</td><td>18.54</td><td>+0.031%</td></tr><tr><td>14 CE</td><td>17.50</td><td>-0.427%</td></tr><tr><td>1 CE</td><td>18.50</td><td>+0.042%</td></tr><tr><td>200 BCE</td><td>17.00</td><td>+0.030%</td></tr><tr><td>400 BCE</td><td>16.02</td><td>+0.155%</td></tr><tr><td>500 BCE</td><td>13.72</td><td>+0.115%</td></tr><tr><td>800 BCE</td><td>9.72</td><td>+0.213%</td></tr><tr><td>1000 BCE</td><td>6.35</td><td>+0.063%</td></tr><tr><td>1600 BCE</td><td>4.36</td><td>+0.092%</td></tr><tr><td>2000 BCE</td><td>3.02</td><td>+0.064%</td></tr><tr><td>3000 BCE</td><td>1.59</td><td>+0.073%</td></tr><tr><td>4000 BCE</td><td>0.77</td><td>+0.041%</td></tr><tr><td>5000 BCE</td><td>0.51</td><td>+0.0057%</td></tr><tr><td>8000 BCE</td><td>0.43</td><td>+0.0075%</td></tr><tr><td>10,000 BCE</td><td>0.37</td><td>+0.0012%</td></tr><tr><td>25,000 BCE</td><td>0.31</td><td>+0.00045%</td></tr><tr><td>300,000 BCE</td><td>0.09</td><td>+0.00031%</td></tr><tr><td>1,000,000 BCE</td><td>0.01</td><td>–</td></tr></tbody></table> <h2 id="see-also">See also</h2> <ul><li><a href="/facts/List_of_countries_by_GDP_(nominal)/k3Lf3RIL">List of countries by GDP (nominal)</a></li> <li><a href="/facts/List_of_countries_by_GDP_(PPP)/fDw3Ibeo">List of countries by GDP (PPP)</a></li> <li><a href="/facts/List_of_countries_by_real_GDP_growth_rate/ISMTpDKS">List of countries by real GDP growth rate</a></li> <li><a href="/facts/World_economy/Gng36UFL">World economy</a></li> <li><a href="/facts/World_population/tzYcheuD">World population</a></li></ul> <h2 id="explanatory-notes">Explanatory notes</h2> <h2 id="external-links">External links</h2> <ul><li><a href="https://www.cia.gov/the-world-factbook/countries/world/">CIA data on GWP</a> in <i><a href="/facts/The_World_Factbook/q4qMpEQh">The World Factbook</a></i></li> <li><a href="http://www.imf.org/external/data.htm">IMF database</a> – contains continuously updated <a href="/facts/International_Monetary_Fund/tPSTWWS4">World Economic Outlook</a> tables and reports</li></ul> <h2 id="references">References</h2> <ol> <li id="fn:1"><p>[1] <a href="https://www.mckinsey.com/~/media/mckinsey/featured%20insights/innovation/superstars%20the%20dynamics%20of%20firms%20sectors%20and%20cities%20leading%20the%20global%20economy/mgi_superstars_discussion%20paper_oct%202018-v2.pdf" target="_blank">https://www.mckinsey.com/~/media/mckinsey/featured%20insights/innovation/superstars%20the%20dynamics%20of%20firms%20sectors%20and%20cities%20leading%20the%20global%20economy/mgi_superstars_discussion%20paper_oct%202018-v2.pdf</a> <a href="#fnref:1" class="footnote-back-ref">↩</a></p></li> <li id="fn:2"><p>See measures of national income and output for more details. <a href="/wiki/Measures_of_national_income_and_output" target="_blank">/wiki/Measures_of_national_income_and_output</a> <a href="#fnref:2" class="footnote-back-ref">↩</a></p></li> <li id="fn:3"><p>"Gross Domestic Product 2014" (PDF). The World Bank DataBank. 2015. Retrieved 1 July 2015. <a href="http://databank.worldbank.org/data/download/GDP.pdf" target="_blank">http://databank.worldbank.org/data/download/GDP.pdf</a> <a href="#fnref:3" class="footnote-back-ref">↩</a></p></li> <li id="fn:4"><p>"World Factbook". CIA World Factbook. 24 July 2019. Retrieved 24 July 2019. <a href="https://www.cia.gov/the-world-factbook/countries/world/" target="_blank">https://www.cia.gov/the-world-factbook/countries/world/</a> <a href="#fnref:4" class="footnote-back-ref">↩</a></p></li> <li id="fn:5"><p>"World Factbook". CIA World Factbook. 24 July 2019. Retrieved 24 July 2019. <a href="https://www.cia.gov/the-world-factbook/countries/world/" target="_blank">https://www.cia.gov/the-world-factbook/countries/world/</a> <a href="#fnref:5" class="footnote-back-ref">↩</a></p></li> <li id="fn:6"><p>"GDP (current US$) | Data". data.worldbank.org. Retrieved 2021-09-15. <a href="https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?end=2020&name_desc=false&start=1960&view=chart" target="_blank">https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?end=2020&name_desc=false&start=1960&view=chart</a> <a href="#fnref:6" class="footnote-back-ref">↩</a></p></li> <li id="fn:7"><p>"World Economic Outlook, October 2020: A Long and Difficult Ascent". World Economic Outlook. International Monetary Fund. 2020. <a href="https://www.imf.org/en/Publications/WEO/weo-database/2021/October/weo-report?a=1&c=001,110,163,119,123,998,200,505,511,903,205,400,603,&s=NGDP_RPCH,&sy=2006&ey=2021&ssm=0&scsm=1&scc=0&ssd=1&ssc=0&sic=0&sort=country&ds=.&br=1" target="_blank">https://www.imf.org/en/Publications/WEO/weo-database/2021/October/weo-report?a=1&c=001,110,163,119,123,998,200,505,511,903,205,400,603,&s=NGDP_RPCH,&sy=2006&ey=2021&ssm=0&scsm=1&scc=0&ssd=1&ssc=0&sic=0&sort=country&ds=.&br=1</a> <a href="#fnref:7" class="footnote-back-ref">↩</a></p></li> <li id="fn:8"><p>J. Bradford DeLong (24 May 1998). "Estimating World GDP, One Million B.C. – Present". Retrieved 5 February 2013. <a href="http://holtz.org/Library/Social%20Science/Economics/Estimating%20World%20GDP%20by%20DeLong/Estimating%20World%20GDP.htm" target="_blank">http://holtz.org/Library/Social%20Science/Economics/Estimating%20World%20GDP%20by%20DeLong/Estimating%20World%20GDP.htm</a> <a href="#fnref:8" class="footnote-back-ref">↩</a></p></li> <li id="fn:9"><p>"GDP, PPP (constant 2021 international $)". World Bank Group. Retrieved 20 June 2024. <a href="https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.KD" target="_blank">https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.KD</a> <a href="#fnref:9" class="footnote-back-ref">↩</a></p></li> <li id="fn:10"><p>"2021 dollars in 1990 | Inflation Calculator". www.in2013dollars.com. Retrieved 2024-06-20. <a href="https://www.in2013dollars.com/us/inflation/1990" target="_blank">https://www.in2013dollars.com/us/inflation/1990</a> <a href="#fnref:10" class="footnote-back-ref">↩</a></p></li> <li id="fn:11"><p>"GDP, PPP (constant 2021 international $)". World Bank Group. Retrieved 20 June 2024. <a href="https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.KD" target="_blank">https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.KD</a> <a href="#fnref:11" class="footnote-back-ref">↩</a></p></li> <li id="fn:12"><p>"2021 dollars in 1990 | Inflation Calculator". www.in2013dollars.com. Retrieved 2024-06-20. <a href="https://www.in2013dollars.com/us/inflation/1990" target="_blank">https://www.in2013dollars.com/us/inflation/1990</a> <a href="#fnref:12" class="footnote-back-ref">↩</a></p></li> <li id="fn:13"><p>"GDP, PPP (constant 2021 international $)". World Bank Group. Retrieved 20 June 2024. <a href="https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.KD" target="_blank">https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.KD</a> <a href="#fnref:13" class="footnote-back-ref">↩</a></p></li> <li id="fn:14"><p>"2021 dollars in 1990 | Inflation Calculator". www.in2013dollars.com. Retrieved 2024-06-20. <a href="https://www.in2013dollars.com/us/inflation/1990" target="_blank">https://www.in2013dollars.com/us/inflation/1990</a> <a href="#fnref:14" class="footnote-back-ref">↩</a></p></li> <li id="fn:15"><p>"GDP, PPP (constant 2021 international $)". World Bank Group. Retrieved 20 June 2024. <a href="https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.KD" target="_blank">https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.KD</a> <a href="#fnref:15" class="footnote-back-ref">↩</a></p></li> <li id="fn:16"><p>"2021 dollars in 1990 | Inflation Calculator". www.in2013dollars.com. Retrieved 2024-06-20. <a href="https://www.in2013dollars.com/us/inflation/1990" target="_blank">https://www.in2013dollars.com/us/inflation/1990</a> <a href="#fnref:16" class="footnote-back-ref">↩</a></p></li> <li id="fn:17"><p>"GDP, PPP (constant 2021 international $)". World Bank Group. Retrieved 20 June 2024. <a href="https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.KD" target="_blank">https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.KD</a> <a href="#fnref:17" class="footnote-back-ref">↩</a></p></li> <li id="fn:18"><p>"2021 dollars in 1990 | Inflation Calculator". www.in2013dollars.com. Retrieved 2024-06-20. <a href="https://www.in2013dollars.com/us/inflation/1990" target="_blank">https://www.in2013dollars.com/us/inflation/1990</a> <a href="#fnref:18" class="footnote-back-ref">↩</a></p></li> <li id="fn:19"><p>"GDP, PPP (constant 2021 international $)". World Bank Group. Retrieved 20 June 2024. <a href="https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.KD" target="_blank">https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.KD</a> <a href="#fnref:19" class="footnote-back-ref">↩</a></p></li> <li id="fn:20"><p>"2021 dollars in 1990 | Inflation Calculator". www.in2013dollars.com. Retrieved 2024-06-20. <a href="https://www.in2013dollars.com/us/inflation/1990" target="_blank">https://www.in2013dollars.com/us/inflation/1990</a> <a href="#fnref:20" class="footnote-back-ref">↩</a></p></li> </ol>