GDP Trends by Country
Gross domestic product (GDP) is a key indicator of economic activity and is often used to compare the economic performance of different countries. In this article, we will examine the GDP trends by country of the world’s leading economies, including the United States, China, Japan, Russia, India, the United Kingdom, France, Germany, and Italy. By analyzing the historical GDP figures for each country, we can gain a better understanding of their economic growth and development over time.
Year | US | Japan | UK | Germany | France | Italy | Russia | India | China |
---|---|---|---|---|---|---|---|---|---|
1947 | 258.2 | – | 125.1 | 49.2 | 36.7 | 30.7 | – | – | – |
1950 | 320.3 | – | 175.0 | 103.4 | 54.4 | 36.4 | – | – | – |
1960 | 520.9 | – | 250.2 | 115.7 | 72.3 | 44.3 | 196.1 | 37.4 | 59.7 |
1970 | 1,074.9 | – | 427.1 | 174.7 | 126.8 | 92.9 | 487.1 | 82.2 | 91.9 |
1980 | 2,862.4 | 1,065.4 | 646.7 | 711.4 | 523.4 | 410.9 | 1,509.6 | 190.3 | 305.4 |
1990 | 5,735.5 | 3,134.6 | 958.2 | 1,243.4 | 1,027.6 | 864.1 | 1,636.6 | 320.3 | 362.4 |
2000 | 10,283.3 | 4,887.5 | 1,547.6 | 1,918.2 | 1,658.5 | 1,166.7 | 1,222.7 | 466.8 | 1,205.1 |
2010 | 14,964.4 | 5,700.1 | 2,249.2 | 3,417.5 | 2,646.9 | 2,068.3 | 1,524.9 | 1,676.5 | 6,101.4 |
2020 | 21,433.2 | 4,910.6 | 2,622.4 | 3,850.9 | 2,715.3 | 1,848.2 | 1,707.6 | 2,701.5 | 16,427.1 |
Summary
This analysis shows that the world’s leading economies have experienced significant changes in their GDP over the past several decades. While some countries have experienced consistent growth over time, others have gone through periods of stagnation or decline. By examining these trends, we can gain insights into the factors that have contributed to the economic success or struggles of each country. With this knowledge, policymakers and investors can make informed decisions about the future of global finance and commerce.