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World Economy

Regional aggregate

Updated 17 Oct 2026

GDP Annual Growth Rate in the World increased to 2.92 percent in 2025 from 2.90 percent in 2024. Inflation Rate in the World increased to 3.04 percent in 2025 from 3.01 percent in 2024.

GDP Growth Rate

Real GDP, annual % change. Hatched bars are IMF projections.

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Inflation Rate

Annual data, %. Source: World Bank.

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Key Highlights

  • Real GDP grew 2.9% in 2025 (previous year: 2.9%).
  • Consumer price inflation was 3.0% in 2025, compared with 3.0% in the previous period.
  • The unemployment rate was 4.8% in 2025 (previous: 4.8%).
  • General government debt was 94.0% of GDP in 2025.
  • The IMF projects real GDP growth of 3.1% for 2026 (World Economic Outlook projection).

Main Indicators

IndicatorLastPreviousPeriodTrendSource
GDP Annual Growth Rate2.9%2.9%2025World Bank
Inflation Rate3.0%3.0%2025World Bank
Unemployment Rate4.8%4.8%2025World Bank
Government Debt to GDP94.0%91.9%2025IMF
Current Account to GDP0.5%0.4%2025IMF
GDP$118,350.2B$111,669.4B2025World Bank

GDP

IndicatorLastPreviousPeriodTrendSource
GDP per Capita$14,406$13,7172025World Bank
GDP per Capita PPP$25,704$24,5442025World Bank
Gross National Income$117,704.2B$110,850.6B2025World Bank
GDP from Agriculture4.0%4.1%2025World Bank
GDP from Industry25.0%25.4%2025World Bank
GDP from Manufacturing14.9%14.9%2025World Bank
GDP from Services63.3%63.0%2024World Bank
Gross Fixed Capital Formation25.6%26.0%2024World Bank
Household Consumption to GDP56.6%56.2%2024World Bank

Labour

IndicatorLastPreviousPeriodTrendSource
Youth Unemployment Rate13.4%13.3%2025World Bank
Labour Force Participation Rate61.0%61.1%2025World Bank
Employment Rate58.1%58.2%2025World Bank
Population8,215.42M8,140.90M2025World Bank

Prices

IndicatorLastPreviousPeriodTrendSource
GDP Deflator Growth3.3%4.1%2025World Bank

Trade

IndicatorLastPreviousPeriodTrendSource
Exports$34,890.5B$32,471.0B2025World Bank
Imports$33,728.8B$31,392.7B2025World Bank
Foreign Direct Investment$1,800.21B$1,374.13B2025World Bank
Remittances$925.55B$870.35B2025World Bank
Terms of Trade100.2100.42024World Bank
Tourist Arrivals2,403.07M2,339.40M2019World Bank
Tourism Revenues$1,863.07B$1,829.96B2019World Bank

Government

IndicatorLastPreviousPeriodTrendSource
Government Budget-5.0%-5.1%2025IMF
Tax Revenue to GDP13.9%13.9%2024World Bank
Military Expenditure2.48%2.44%2025World Bank

Housing

IndicatorLastPreviousPeriodTrendSource
Residential Property Prices1.6%2.1%Q1 2026BIS

World economy explained in simple words

Size of the economy

The economy of the World produced goods and services worth $118,350.2B in 2025.

With a population of about 8,215.4 million, GDP per person is $14,406.

Economic growth

Real GDP grew 2.9% in 2025, compared with world growth of 3.5% (IMF).

Over the last 10 years growth averaged 2.8% a year, ranging from -2.9% to 6.5%.

The IMF projects growth of 3.1% in 2026.

Prices and interest rates

Consumer price inflation was 3.0% in 2025.

Jobs

The unemployment rate was 4.8% in 2025 (world: 4.8%).

About 61.0% of people aged 15 and over are in the labour force (working or looking for work).

Government finances

General government debt was 94.0% of GDP in 2025, compared with a median of 52.9% across 191 economies.

The government budget balance was -5.0% of GDP (2025) — a deficit, meaning spending exceeded revenue.

Trade and external position

The current account was 0.5% of GDP in 2025 — a surplus with the rest of the world.

Exports of goods and services were $34,890.5B and imports $33,728.8B.

Structure of the economy

By sector, value added is split roughly as: services 63.3%, industry 25.0%, agriculture 4.0% of GDP.

How to read this page

The four boxes at the top show the most-watched numbers: GDP growth (how fast the economy is expanding), inflation (how fast prices are rising), the central bank policy rate (the base cost of borrowing) and unemployment (the share of job-seekers without work). The small arrow shows the change from the previous reading.

The tabs group all available indicators by topic — GDP, labour, prices, money, trade, government and housing. Each row shows the latest value, the previous value, the period it refers to, a small trend line and the source. Click any indicator to open its full history, chart, statistics and comparison with other countries.

Monthly and quarterly figures come from national statistics offices and central banks — via the OECD, the Bank for International Settlements (BIS) and, for India, the Ministry of Statistics (MoSPI); annual figures come from the World Bank and the IMF. Different indicators are published at different times, so the periods shown can differ.

Frequently asked questions

What is the GDP growth rate of World?
The latest GDP growth rate of World is 2.9% (2025), compared with 2.9% in the previous period. Source: World Bank — World Development Indicators.
What is the inflation rate of World?
The latest inflation rate of World is 3.0% (2025), compared with 3.0% in the previous period. Source: World Bank — World Development Indicators.
What is the unemployment rate of World?
The latest unemployment rate of World is 4.8% (2025), compared with 4.8% in the previous period. Source: World Bank — World Development Indicators.
What is the government debt to GDP ratio of World?
The latest government debt to GDP ratio of World is 94.0% (2025), compared with 91.9% in the previous period. Source: IMF — World Economic Outlook.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.