Major Countries GDP Annual Growth Rate Ranking (2024)
In 2024, GDP annual growth rate among major countries was highest in India at 6.48%, followed by Indonesia at 5.03% and China at 4.98%. The average GDP annual growth rate across major countries was 2.30%, the median was 1.49%, and Germany recorded the lowest GDP annual growth rate at -0.24%, according to the World Bank.
Data is available for the period 1961 to 2024 across 20 major countries.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 6.48% | 9.19% | 2024 | |
| 2 | 5.03% | 5.05% | 2024 | |
| 3 | 4.98% | 5.41% | 2024 | |
| 4 | 4.34% | 4.08% | 2024 | |
| 5 | 3.4% | 3.24% | 2024 | |
| 6 | 3.18% | 5.11% | 2024 | |
| 7 | 3.15% | 2.68% | 2024 | |
| 8 | 2.8% | 2.89% | 2024 | |
| 9 | 1.81% | 0.54% | 2024 | |
| 10 | 1.53% | 1.53% | 2024 | |
| 11 | 1.45% | 3.3% | 2024 | |
| 12 | 1.43% | 3.44% | 2024 | |
| 13 | 1.36% | 2.61% | 2023 | |
| 14 | 1.17% | 0.94% | 2024 | |
| 15 | 1.1% | 0.4% | 2024 | |
| 16 | 0.98% | 0.07% | 2024 | |
| 17 | 0.73% | 0.72% | 2024 | |
| 18 | 0.08% | 1.48% | 2024 | |
| 19 | -0.24% | -0.27% | 2024 |
Major Countries GDP Annual Growth Rate Ranking (2024) : Definition
GDP Annual Growth Rate measures the year-over-year percentage change in real GDP for the full reporting year, expressed as an annual growth rate.