GDP

Definition

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

How to Use

• Line Chart
  • View yearly trends globally, by country, or for a selected group(*).
  • Compare trends across multiple countries (up to five) over time.
  • Adjust the year range or select a specific year to focus on data for that period.
• Bar Chart
  • Choose world or regional data to compare values across countries.
  • Select a specific year to view data for that point in time.
  • Hover over a country to see a quick view of its yearly trends.
  • When one or multiple countries are selected, you can go to the line chart dashboard to view trends for the selected countries.
• Map Chart
  • Choose world or regional data to compare country values by circle size.
  • Select a specific year to focus on data for that point in time.
  • Hover over a country to get a brief view of its yearly trends.
  • When one or multiple countries are selected, you can go to the line chart dashboard to view trends for the selected countries.

Source

World Bank Open Data

Free and open access to global development data

World Bank Open Data

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