Gdp 2024 Ranking

Gdp 2024 Ranking. Gdp or “gross domestic product” refers to the monetary value of all goods and services produced in a nation during a given year. While positive growth is projected across all regions, it varies widely due to many factors spanning from the effects of higher borrowing costs to low consumer sentiment.

With $1.42 tn, united states will be the top contributor, followed by china ($871 bn), india ($365 bn), mexico ($228 bn), and brazil ($158 bn). The economic strength of a country is determined by its gross domestic product (gdp).