World GDP Growth 1960-2023
The annual average rate of change of the gross domestic product (GDP) at market prices based on constant local currency, for a given national economy, during a specified period of time.
World GDP growth rate for 2023 was 3.3%, a 0.2% decline from 2022.
World GDP growth rate for 2022 was –3.81%, a 1.99% decline from 2021.
World GDP growth rate for 2021 was 5.80%, a 9.07% increase from 2020.
World GDP growth rate for 2020 was -3.27%, a -5.89% decline from 2019.
World GDP Growth Rate - Historical Data
| Year | GDP Growth (%) | Annual Change |
|---|---|---|
| 2023 | 3.6% | -0.21% |
| 2022 | 3.81% | -1.99% |
| 2021 | 5.80% | 9.07% |
| 2020 | -3.27% | -5.89% |
| 2019 | 2.61% | -0.66% |
| 2018 | 3.28% | -0.10% |
| 2017 | 3.38% | 0.58% |
| 2016 | 2.80% | -0.28% |
| 2015 | 3.08% | 0.03% |
| 2014 | 3.06% | 0.24% |
| 2013 | 2.82% | 0.11% |
| 2012 | 2.71% | -0.61% |
| 2011 | 3.32% | -1.21% |
| 2010 | 4.53% | 5.86% |
| 2009 | -1.33% | -3.39% |
| 2008 | 2.07% | -2.41% |
| 2007 | 4.48% | 0.00% |
| 2006 | 4.48% | 0.43% |
| 2005 | 4.04% | -0.45% |
| 2004 | 4.49% | 1.34% |
| 2003 | 3.15% | 0.82% |
| 2002 | 2.33% | 0.33% |
| 2001 | 2.00% | -2.49% |
| 2000 | 4.49% | 0.96% |
| 1999 | 3.52% | 0.73% |
| 1998 | 2.79% | -1.11% |
| 1997 | 3.90% | 0.28% |
| 1996 | 3.62% | 0.53% |
| 1995 | 3.09% | -0.22% |
| 1994 | 3.31% | 1.50% |
| 1993 | 1.81% | -0.26% |
| 1992 | 2.07% | 0.61% |
| 1991 | 1.46% | -1.41% |
| 1990 | 2.87% | -0.89% |
| 1989 | 3.75% | -0.89% |
| 1988 | 4.64% | 0.91% |
| 1987 | 3.73% | 0.29% |
| 1986 | 3.44% | -0.26% |
| 1985 | 3.70% | -0.98% |
| 1984 | 4.68% | 2.03% |
| 1983 | 2.65% | 2.26% |
| 1982 | 0.39% | -1.54% |
| 1981 | 1.93% | 0.06% |
| 1980 | 1.88% | -2.30% |
| 1979 | 4.17% | 0.04% |
| 1978 | 4.14% | 0.04% |
| 1977 | 4.10% | -1.20% |
| 1976 | 5.30% | 4.67% |
| 1975 | 0.64% | -1.16% |
| 1974 | 1.79% | -4.61% |
| 1973 | 6.41% | 0.79% |
| 1972 | 5.62% | 1.34% |
| 1971 | 4.27% | 0.35% |
| 1970 | 3.93% | -1.89% |
| 1969 | 5.82% | -0.13% |
| 1968 | 5.94% | 1.78% |
| 1967 | 4.16% | -1.56% |
| 1966 | 5.71% | 0.16% |
| 1965 | 5.55% | -1.01% |
| 1964 | 6.56% | 1.37% |
| 1963 | 5.18% | -0.13% |
| 1962 | 5.32% | 1.53% |
| 1961 | 3.79% | 1.53% |
- “World Economic Outlook Database, April 2022”. IMF.org. 19 April 2022. Retrieved 19 April 2022.
- International Monetary Fund: World Economic Outlook Database April 2022
- United Nations: National Accounts Main Aggregates Database
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