Gross Domestic Product (GDP), List by Country

This page has a list of countries ranked by GDP values in billions of dollars. 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

U.S. Economy Expands 2.8% in Q4 Published: 1/27/2012 5:44:01 PM By: TradingEconomics.com, Bureau of Economic Analysis U.S.real gross domestic product increased at an annual rate of 2.8 percent in the fourth quarter of 2011 (that is, from the third quarter to the fourth quarter), according to the "advance" estimate released by the Bureau of Economic Analysis.

UK GDP Contracts 0.2% in Q4 Published: 1/25/2012 5:05:00 PM By: TradingEconomics.com, ONS UK GDP for the fourth quarter of 2011 dropped by 0.2%, a worse than expected figure that will heighten fears of a double-dip recession.

China's Economy Expands 8.9% in Q4 Published: 1/17/2012 12:17:38 PM By: TradingEconomics.com, Reuters China's economy expanded at its weakest pace in 2-1/2 years in the fourth quarter, with the sagging real estate and export sectors heralding a sharper slowdown in coming months and fresh pro-growth measures from the government.

UK GDP Revised Up in Q3 Published: 12/22/2011 1:48:58 PM By: TradingEconomics.com, UK Office for National Statistics The UK economy bounced back between July and September with stronger than expected growth of 0.6% after it ground to a halt in the second quarter, the Office for National Statistics said on December 22.

U.S. GDP Revised Down to 1.8% in Q3 Published: 12/22/2011 1:36:38 PM By: TradingEconomics.com, US Bureau of Economic Analysis U.S. real gross domestic product increased at an annual rate of 1.8 percent in the third quarter of 2011 (that is, from the second quarter to the third quarter), according to the "third" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 1.3 percent.

New Zealand GDP Up 0.8% in Q3 Published: 12/22/2011 1:05:40 PM By: TradingEconomics.com, Statistics New Zealand New Zealand Gross domestic product was up 0.8 percent in the September 2011 quarter, following a 0.1 percent increase in the June 2011 quarter. The increase in the latest quarter is the fourth consecutive quarter of growth following a decline of 0.1 percent in the September 2010 quarter.

Japan GDP Revised Down in Q3 Published: 12/9/2011 11:56:56 AM By: TradingEconomics.com Japan's economy rebounded in the third quarter at a slightly slower pace than initially estimated as companies pulled back on capital spending, worried that yen strength and slowing global growth will hurt exports.

Australia's GDP Grows 1% in Q3 Published: 12/7/2011 12:11:25 PM By: TradingEconomics.com, Australian Bureau of Statistics In seasonally adjusted terms, Australia's GDP increased 1.0% in the September quarter, through the year GDP growth was 2.5%.

Brazil Economy Stalls in Q3 Published: 12/6/2011 12:53:20 PM By: TradingEconomics.com, Bloomberg Brazil Economy failed to grow from the previous three months for the first time since the first quarter of 2009, as credit curbs, higher borrowing costs and budget cuts checked demand. The GDP grew 2.1 percent from the same period a year ago.

Swiss GDP Growth Slows to 0.2% in Q3 Published: 12/1/2011 1:42:47 PM By: TradingEconomics.com, Bloomberg Switzerland’s economy grew at the slowest pace in more than two years in the third quarter as companies cut spending and exports slumped.