Annual GDP growth by country
Compare annual changes in real GDP across countries.
What it measures
Annual GDP growth is the percentage change in gross domestic product from the previous year, measured using a constant-price series. Removing the direct effect of price changes approximates changes in the volume of goods and services produced. A positive value indicates expansion and a negative value contraction. It is an annual rate, not a measure of wealth, output per person or wellbeing.
How to interpret it
A value of +2.7% means estimated real GDP was 2.7% higher than in the previous year. Changes between annual growth rates are expressed in percentage points.
Key figures
Source
World Bank — World Development Indicators
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)
Limitations
- National accounts are revised and previously published rates may change.
- Exceptional years create base effects that can make an isolated rate misleading.
- The measure does not directly capture distribution, sustainability or unmeasured work.
- Comparability depends on the quality of national statistics.
- International ranking
- Compare countries
- Annual GDP growth over time
- Download data as CSV
Indicator
International ranking
| Rank | Country | Year | Value |
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Trends and comparison
Accessible data table
| Country | Year | Exact value |
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