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[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
The figures are from the International Monetary Fund World Economic Outlook Database unless otherwise specified. [ 1 ] This list is not to be confused with the list of countries by real GDP per capita growth , which is the growth rate of GDP per person recalculated according to the changing number of the population of the country.
These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database (April 2024 edition) and/or other sources. [1] For older GDP trends, see List of regions by past GDP (PPP).
The global contribution to world's GDP by major economies from 1 AD to 2008 AD according to Angus Maddison's estimates [1]. This historical list of the ten largest countries by GDP compiled by British economist Angus Maddison shows how much the membership and rankings of the world's ten largest economies has changed.
The five largest contributors to global output contraction are Argentina, Saudi Arabia, Nigeria, the Democratic Republic of the Congo, and Venezuela. At purchasing power parity, the global economic output expanded by US$13.7 trillion from 1980 to 1990. The following two tables are lists of the 20 largest contributors to global economic growth ...
The eight major pass-through economies—the Netherlands, Luxembourg, Hong Kong SAR, the British Virgin Islands, Bermuda, the Cayman Islands, Ireland, and Singapore—host more than 85 percent of the world’s investment in special purpose entities, which are often set up for tax reasons. — "Piercing the Veil", International Monetary Fund ...
The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production, consumption, economic management, work in general, financial transactions and trade of goods and services. [ 1][ 2] In ...
These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, April 2024 Edition. [1] The figures are given or expressed in Millions of International Dollars at current prices.