The global economy reached $105.4 trillion last year. Its composition and momentum, however, are far from uniform. India's economy grew at 7.0 percent, while Germany's contracted by 0.3 percent.
Key Takeaways
- United States services sector share of GDP in 2023 was 77.6 percent
- China industry sector share of GDP in 2023 was 39.9 percent
- India services sector share of GDP in 2023 was 53.9 percent
- United States real GDP growth rate in 2023 was 2.5 percent
- China real GDP growth rate in 2023 was 5.2 percent
- India real GDP growth rate in 2023 was 7.0 percent
- United States GDP per capita nominal in 2023 was $81,632 USD
- Luxembourg GDP per capita nominal in 2023 was $128,259 USD
- Ireland GDP per capita nominal in 2023 was $106,456 USD
- World nominal GDP in 2023 reached $105.4 trillion USD
- United States nominal GDP in 2023 was $27.36 trillion USD
- China nominal GDP in 2023 stood at $17.79 trillion USD
- World GDP PPP in 2023 was $143.8 trillion international dollars
- China GDP PPP in 2023 reached $33.0 trillion international dollars
- United States GDP PPP in 2023 was $27.4 trillion international dollars
In 2023, services dominated most economies while GDP growth ranged from contractions in some to strong gains in others.
Related reading
01 · Category
GDP Composition28 stats
01
United States services sector share of GDP in 2023 was 77.6 percent
02
China industry sector share of GDP in 2023 was 39.9 percent
03
India services sector share of GDP in 2023 was 53.9 percent
04
Japan services sector share of GDP in 2023 was 68.7 percent
05
Germany industry sector share of GDP in 2023 was 28.1 percent
06
United Kingdom services sector share of GDP in 2023 was 79.2 percent
07
France services sector share of GDP in 2023 was 78.0 percent
08
Brazil services sector share of GDP in 2023 was 58.7 percent
09
Canada services sector share of GDP in 2023 was 70.3 percent
10
Russia industry sector share of GDP in 2023 was 32.9 percent
11
Australia services sector share of GDP in 2023 was 71.5 percent
12
South Korea industry sector share of GDP in 2023 was 31.6 percent
13
Mexico services sector share of GDP in 2023 was 57.5 percent
14
Spain services sector share of GDP in 2023 was 71.2 percent
15
Indonesia services sector share of GDP in 2023 was 43.5 percent
16
Netherlands services sector share of GDP in 2023 was 72.6 percent
17
Turkey services sector share of GDP in 2023 was 60.2 percent
18
Saudi Arabia industry sector share of GDP in 2023 was 41.0 percent
19
Switzerland services sector share of GDP in 2023 was 74.1 percent
20
Poland services sector share of GDP in 2023 was 57.1 percent
21
Taiwan industry sector share of GDP in 2023 was 34.9 percent
22
Belgium services sector share of GDP in 2023 was 73.5 percent
23
Sweden services sector share of GDP in 2023 was 73.0 percent
24
Argentina services sector share of GDP in 2023 was 61.3 percent
25
Ireland services sector share of GDP in 2023 was 68.4 percent
26
Thailand services sector share of GDP in 2023 was 57.8 percent
27
Austria services sector share of GDP in 2023 was 69.2 percent
28
Israel services sector share of GDP in 2023 was 70.1 percent
Interpretation
GDP Composition Interpretation
These figures reveal a global economy where the UK and France have perfected the art of making money from everything except making things, while China and Germany stubbornly remind the world that someone still needs to build the actual stuff.
02 · Category
GDP Growth Rates28 stats
01
United States real GDP growth rate in 2023 was 2.5 percent
02
China real GDP growth rate in 2023 was 5.2 percent
03
India real GDP growth rate in 2023 was 7.0 percent
04
Japan real GDP growth rate in 2023 was 1.9 percent
05
Germany real GDP growth rate in 2023 was -0.3 percent
06
United Kingdom real GDP growth rate in 2023 was 0.1 percent
07
France real GDP growth rate in 2023 was 0.9 percent
08
Brazil real GDP growth rate in 2023 was 2.9 percent
09
Canada real GDP growth rate in 2023 was 1.1 percent
10
Russia real GDP growth rate in 2023 was 3.6 percent
11
Australia real GDP growth rate in 2023 was 1.5 percent
12
South Korea real GDP growth rate in 2023 was 1.4 percent
13
Mexico real GDP growth rate in 2023 was 3.2 percent
14
Spain real GDP growth rate in 2023 was 2.5 percent
15
Indonesia real GDP growth rate in 2023 was 5.1 percent
16
Netherlands real GDP growth rate in 2023 was 0.1 percent
17
Turkey real GDP growth rate in 2023 was 4.5 percent
18
Saudi Arabia real GDP growth rate in 2023 was -0.8 percent
19
Poland real GDP growth rate in 2023 was 0.2 percent
20
Sweden real GDP growth rate in 2023 was -0.2 percent
21
Argentina real GDP growth rate in 2023 was -1.6 percent
22
Thailand real GDP growth rate in 2023 was 1.9 percent
23
Israel real GDP growth rate in 2023 was 2.0 percent
24
Switzerland real GDP growth rate in 2023 was 0.7 percent
25
Ireland real GDP growth rate in 2023 was -3.0 percent excluding multinationals
26
Austria real GDP growth rate in 2023 was -1.0 percent
27
Belgium real GDP growth rate in 2023 was 1.4 percent
28
Taiwan real GDP growth rate in 2023 was 1.3 percent
Interpretation
GDP Growth Rates Interpretation
Looking at the global growth derby, it seems the established economic titans are largely content to jog in place while the up-and-comers like India and China are sprinting, with Germany and the U.K. nearly tripping over the starting line.
03 · Category
GDP per Capita30 stats
01
United States GDP per capita nominal in 2023 was $81,632USD
02
Luxembourg GDP per capita nominal in 2023 was $128,259USD
03
Ireland GDP per capita nominal in 2023 was $106,456USD
04
Switzerland GDP per capita nominal in 2023 was $105,669USD
05
Norway GDP per capita nominal in 2023 was $106,594USD
06
Singapore GDP per capita nominal in 2023 was $91,729USD
07
Qatar GDP per capita nominal in 2023 was $81,968USD
08
United Arab Emirates GDP per capita nominal in 2023 was $53,708USD
09
Denmark GDP per capita nominal in 2023 was $68,300USD
10
Netherlands GDP per capita nominal in 2023 was $62,537USD
11
Iceland GDP per capita nominal in 2023 was $73,466USD
12
Australia GDP per capita nominal in 2023 was $64,491USD
13
Sweden GDP per capita nominal in 2023 was $56,424USD
14
Austria GDP per capita nominal in 2023 was $56,506USD
15
Belgium GDP per capita nominal in 2023 was $53,475USD
16
Finland GDP per capita nominal in 2023 was $53,745USD
17
Germany GDP per capita nominal in 2023 was $52,824USD
18
Canada GDP per capita nominal in 2023 was $53,247USD
19
Saudi Arabia GDP per capita nominal in 2023 was $30,746USD
20
United Kingdom GDP per capita nominal in 2023 was $48,867USD
21
France GDP per capita nominal in 2023 was $44,461USD
22
Japan GDP per capita nominal in 2023 was $33,834USD
23
Italy GDP per capita nominal in 2023 was $37,096USD
24
South Korea GDP per capita nominal in 2023 was $34,121USD
25
Spain GDP per capita nominal in 2023 was $32,677USD
26
New Zealand GDP per capita nominal in 2023 was $48,781USD
27
Malta GDP per capita nominal in 2023 was $37,882USD
28
Cyprus GDP per capita nominal in 2023 was $37,155USD
29
Slovenia GDP per capita nominal in 2023 was $32,164USD
30
Czech Republic GDP per capita nominal in 2023 was $30,427USD
Interpretation
GDP per Capita Interpretation
Europe’s small, savvy nations are running a masterclass in economic prosperity, while even the mighty U.S. finds itself looking respectfully at Luxembourg and Ireland as if they’ve just unlocked some secret cheat code for wealth.
More related reading
04 · Category
Nominal GDP30 stats
01
World nominal GDP in 2023 reached $105.4 trillion USD
02
United States nominal GDP in 2023 was $27.36 trillion USD
03
China nominal GDP in 2023 stood at $17.79 trillion USD
04
Japan nominal GDP in 2023 was $4.21 trillion USD
05
Germany nominal GDP in 2023 reached $4.46 trillion USD
06
India nominal GDP in 2023 was $3.73 trillion USD
07
United Kingdom nominal GDP in 2023 totaled $3.34 trillion USD
08
France nominal GDP in 2023 was $3.03 trillion USD
09
Italy nominal GDP in 2023 stood at $2.19 trillion USD
10
Canada nominal GDP in 2023 was $2.14 trillion USD
11
Brazil nominal GDP in 2023 reached $2.13 trillion USD
12
Russia nominal GDP in 2023 was $2.02 trillion USD
13
South Korea nominal GDP in 2023 totaled $1.71 trillion USD
14
Australia nominal GDP in 2023 was $1.69 trillion USD
15
Mexico nominal GDP in 2023 stood at $1.81 trillion USD
16
Spain nominal GDP in 2023 was $1.58 trillion USD
17
Indonesia nominal GDP in 2023 reached $1.37 trillion USD
18
Netherlands nominal GDP in 2023 was $1.14 trillion USD
19
Turkey nominal GDP in 2023 totaled $1.11 trillion USD
20
Saudi Arabia nominal GDP in 2023 was $1.07 trillion USD
21
Switzerland nominal GDP in 2023 stood at $0.92 trillion USD
22
Poland nominal GDP in 2023 was $0.84 trillion USD
23
Taiwan nominal GDP in 2023 reached $0.80 trillion USD
24
Belgium nominal GDP in 2023 was $0.63 trillion USD
25
Sweden nominal GDP in 2023 totaled $0.60 trillion USD
26
Argentina nominal GDP in 2023 was $0.64 trillion USD
27
Ireland nominal GDP in 2023 stood at $0.59 trillion USD
28
Thailand nominal GDP in 2023 was $0.51 trillion USD
29
Austria nominal GDP in 2023 reached $0.52 trillion USD
30
Israel nominal GDP in 2023 was $0.51 trillion USD
Interpretation
Nominal GDP Interpretation
The world economy sails forward with the US and China as its two massive anchors, while the rest of the world's economies are left bobbing in their wake.
05 · Category
PPP GDP30 stats
01
World GDP PPP in 2023 was $143.8 trillion international dollars
02
China GDP PPP in 2023 reached $33.0 trillion international dollars
03
United States GDP PPP in 2023 was $27.4 trillion international dollars
04
India GDP PPP in 2023 stood at $13.1 trillion international dollars
05
Japan GDP PPP in 2023 was $6.7 trillion international dollars
06
Germany GDP PPP in 2023 totaled $5.5 trillion international dollars
07
Russia GDP PPP in 2023 was $5.3 trillion international dollars
08
Indonesia GDP PPP in 2023 reached $4.7 trillion international dollars
09
Brazil GDP PPP in 2023 was $4.1 trillion international dollars
10
Turkey GDP PPP in 2023 stood at $3.8 trillion international dollars
11
United Kingdom GDP PPP in 2023 was $3.7 trillion international dollars
12
France GDP PPP in 2023 totaled $3.7 trillion international dollars
13
Italy GDP PPP in 2023 was $3.3 trillion international dollars
14
Mexico GDP PPP in 2023 reached $3.3 trillion international dollars
15
South Korea GDP PPP in 2023 was $3.1 trillion international dollars
16
Spain GDP PPP in 2023 stood at $2.5 trillion international dollars
17
Saudi Arabia GDP PPP in 2023 was $2.4 trillion international dollars
18
Canada GDP PPP in 2023 totaled $2.5 trillion international dollars
19
Egypt GDP PPP in 2023 was $1.8 trillion international dollars
20
Pakistan GDP PPP in 2023 reached $1.6 trillion international dollars
21
Poland GDP PPP in 2023 was $1.7 trillion international dollars
22
Australia GDP PPP in 2023 stood at $1.7 trillion international dollars
23
Thailand GDP PPP in 2023 was $1.6 trillion international dollars
24
Argentina GDP PPP in 2023 totaled $1.5 trillion international dollars
25
Netherlands GDP PPP in 2023 was $1.4 trillion international dollars
26
Bangladesh GDP PPP in 2023 reached $1.4 trillion international dollars
27
Vietnam GDP PPP in 2023 was $1.3 trillion international dollars
28
Malaysia GDP PPP in 2023 stood at $1.3 trillion international dollars
29
Philippines GDP PPP in 2023 was $1.3 trillion international dollars
30
South Africa GDP PPP in 2023 totaled $1.0 trillion international dollars
Interpretation
PPP GDP Interpretation
While the global economic party sits at a $143.8 trillion table, the seating arrangement is a clear reminder that China and the US are still arguing over who brought the most snacks, with everyone else trying to make sure their name is even on the guest list.
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Henrik Dahl. (2026, February 13). Gdp Statistics. Gitnux. https://gitnux.org/gdp-statistics
MLA
Henrik Dahl. "Gdp Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/gdp-statistics.
Chicago
Henrik Dahl. 2026. "Gdp Statistics." Gitnux. https://gitnux.org/gdp-statistics.
Sources & references
33 datasets cited across this report · attribution is report-level