Country Ranking By
Gross Domestic Product (GDP) in Billions of Dollars

This page displays and ranks GDP values in billions of dollars for several countries. The gross domestic product (GDP) is one of the measures of national income and output for a given country's economy. GDP can be defined in three ways, all of which are conceptually identical. First, it is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production (the intermediate stages) by all the industries within a country, plus taxes less subsidies on products, in the period. Third, it is equal to the sum of the income generated by production in the country in the period—that is, compensation of employees, taxes on production and imports less subsidies, and gross operating surplus (or profits). Source: Wikipedia.

Latest News on GDP Growth

Brazilian Growth Outstrips Forecast
Published: 9/6/2010 11:06:43 PM By: TradingEconomics.com, Bloomberg

Brazil’s economy grew at an annualised rate of 8.9 per cent in the first half of 2010, defying expectations of a more significant slowdown in the second quarter and signalling that the country may beat its previous forecast of 7 per cent growth for the year.

Swiss Economy Expanded 0.9% in Q2
Published: 9/5/2010 6:50:37 PM By: TradingEconomics.com, Bloomberg

Switzerland’s economy expanded at a faster pace than economists forecast in the second quarter as companies stepped up spending to meet global demand.

Canadian Growth Slowed in Second Quarter
Published: 9/5/2010 2:10:39 PM By: TradingEconomics.com, WSJ

The Canadian economy in the second quarter expanded at less than half the pace set in the first three months of the year, undercutting economists’ expectations and raising questions about whether the country’s central bank will tighten interest rates next week.

India’s Second Quarter GDP Rises To 8.8%
Published: 9/5/2010 1:59:44 PM By: TradingEconomics.com, MarketWatch

India's economy expanded 8.8% in the second quarter from a year earlier, compared to an 8.6% on-year expansion in the first, lifted by robust activity in manufacturing.

Australian Economic Growth Accelerates
Published: 8/31/2010 11:04:57 PM By: TradingEconomics.com, Bloomberg

Australia’s economy grew at the fastest pace in three years last quarter, stoked by China’s demand for iron ore.

UK GDP Growth Revised Up to 1.2%
Published: 8/27/2010 12:08:53 PM By: Financial Times

The UK economy grew slightly faster than initially thought in the second quarter, expanding by 1.2 per cent rather than the 1.1 per cent first estimated.

U.S. Economy Grew a Revised 1.6%
Published: 8/27/2010 11:53:39 AM By: TradingEconomics.com, Bloomberg

The U.S. economy grew at a 1.6 percent annual rate in the second quarter, less than previously calculated, as companies reined in inventories and the trade deficit widened.

Japan's GDP Growth Slows
Published: 8/16/2010 1:12:35 PM By: TradingEconomics.com, WSJ

Japan's economic growth slowed sharply in the second quarter, coming in well short of expectations as stagnant consumption and flagging exports weighed on an economy already hobbled by deflation and a soaring yen.

Germany Lifts Eurozone GDP Growth 1%
Published: 8/13/2010 10:39:51 AM By: TradingEconomics.com, FT

Germany on Friday reasserted itself as the economic growth engine of the eurozone, after gross domestic product expanded at a stellar 2.2 per cent rate in the second quarter compared with the previous three months.

Australia's Growth May Gain Momentum by the End of This Year
Published: 8/5/2010 5:48:34 PM By: Anna Fedec, contact@tradingeconomics.com

In 2009, unlike many other major economies, Australia recorded year-over-year growth due to a strong banking system and successful monetary and fiscal policy. And although the pace of expansion in the first quarter of 2010 was weaker than expected, the recent surge in commodity prices, improving labor market and strong domestic demand are likely to support sustainable growth this year.