High income - GDP

GDP (current US$)

The latest value for GDP (current US$) in High income was $53,461,100,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $55,045,600,000,000 in 2019 and $1,065,820,000,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $1,065,820,000,000
1961 $1,128,190,000,000
1962 $1,217,840,000,000
1963 $1,311,890,000,000
1964 $1,431,970,000,000
1965 $1,555,050,000,000
1966 $1,705,900,000,000
1967 $1,830,250,000,000
1968 $1,984,780,000,000
1969 $2,183,670,000,000
1970 $2,385,690,000,000
1971 $2,648,520,000,000
1972 $3,072,330,000,000
1973 $3,717,500,000,000
1974 $4,191,460,000,000
1975 $4,676,950,000,000
1976 $5,096,460,000,000
1977 $5,771,660,000,000
1978 $6,916,030,000,000
1979 $7,996,440,000,000
1980 $8,931,000,000,000
1981 $9,065,980,000,000
1982 $8,981,150,000,000
1983 $9,273,150,000,000
1984 $9,672,980,000,000
1985 $10,156,600,000,000
1986 $12,333,400,000,000
1987 $14,295,400,000,000
1988 $16,099,200,000,000
1989 $16,846,400,000,000
1990 $18,934,000,000,000
1991 $20,034,800,000,000
1992 $21,555,700,000,000
1993 $21,720,700,000,000
1994 $23,379,700,000,000
1995 $25,962,400,000,000
1996 $26,185,600,000,000
1997 $25,737,000,000,000
1998 $25,827,800,000,000
1999 $27,137,100,000,000
2000 $27,706,200,000,000
2001 $27,425,500,000,000
2002 $28,601,600,000,000
2003 $32,048,800,000,000
2004 $35,670,900,000,000
2005 $37,709,100,000,000
2006 $39,822,500,000,000
2007 $43,544,100,000,000
2008 $46,327,000,000,000
2009 $43,440,700,000,000
2010 $45,501,300,000,000
2011 $49,127,200,000,000
2012 $49,158,400,000,000
2013 $49,754,600,000,000
2014 $50,854,100,000,000
2015 $48,060,600,000,000
2016 $49,104,300,000,000
2017 $51,348,400,000,000
2018 $54,564,200,000,000
2019 $55,045,600,000,000
2020 $53,461,100,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in High income was 49,843,100,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 52,185,100,000,000 in 2019 and 8,745,410,000,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 8,745,410,000,000
1961 9,126,770,000,000
1962 9,643,600,000,000
1963 10,154,100,000,000
1964 10,798,800,000,000
1965 11,390,600,000,000
1966 12,062,400,000,000
1967 12,587,100,000,000
1968 13,340,500,000,000
1969 14,055,500,000,000
1970 14,482,600,000,000
1971 15,044,100,000,000
1972 15,877,000,000,000
1973 16,877,700,000,000
1974 17,047,000,000,000
1975 17,027,900,000,000
1976 17,902,700,000,000
1977 18,619,200,000,000
1978 19,410,300,000,000
1979 20,208,400,000,000
1980 20,459,700,000,000
1981 20,846,700,000,000
1982 20,818,100,000,000
1983 21,404,000,000,000
1984 22,405,300,000,000
1985 23,199,500,000,000
1986 23,968,600,000,000
1987 24,804,300,000,000
1988 25,993,500,000,000
1989 27,012,100,000,000
1990 27,852,000,000,000
1991 28,264,600,000,000
1992 28,892,800,000,000
1993 29,281,900,000,000
1994 30,241,500,000,000
1995 31,104,500,000,000
1996 32,061,100,000,000
1997 33,185,400,000,000
1998 34,133,700,000,000
1999 35,306,900,000,000
2000 36,759,700,000,000
2001 37,299,000,000,000
2002 37,889,500,000,000
2003 38,745,600,000,000
2004 40,064,100,000,000
2005 41,239,400,000,000
2006 42,540,400,000,000
2007 43,713,300,000,000
2008 43,891,500,000,000
2009 42,485,600,000,000
2010 43,753,100,000,000
2011 44,601,400,000,000
2012 45,217,500,000,000
2013 45,898,200,000,000
2014 46,887,400,000,000
2015 48,060,600,000,000
2016 48,938,700,000,000
2017 50,102,400,000,000
2018 51,280,700,000,000
2019 52,185,100,000,000
2020 49,843,100,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in High income was 61,921,600,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 63,254,200,000,000 in 2019 and 18,457,700,000,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 18,457,700,000,000
1991 19,447,600,000,000
1992 20,361,100,000,000
1993 21,130,400,000,000
1994 22,293,100,000,000
1995 23,432,200,000,000
1996 24,641,300,000,000
1997 25,909,400,000,000
1998 26,950,000,000,000
1999 28,213,200,000,000
2000 30,182,900,000,000
2001 31,371,100,000,000
2002 32,599,900,000,000
2003 33,937,800,000,000
2004 36,072,400,000,000
2005 38,093,000,000,000
2006 40,873,800,000,000
2007 43,203,000,000,000
2008 44,641,700,000,000
2009 43,783,500,000,000
2010 45,723,400,000,000
2011 47,850,700,000,000
2012 49,446,400,000,000
2013 51,349,700,000,000
2014 53,015,700,000,000
2015 54,256,100,000,000
2016 56,134,000,000,000
2017 58,689,300,000,000
2018 61,424,600,000,000
2019 63,254,200,000,000
2020 61,921,600,000,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in High income was 58,350,300,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 61,138,600,000,000 in 2019 and 32,247,100,000,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 32,247,100,000,000
1991 32,819,000,000,000
1992 33,563,000,000,000
1993 33,992,000,000,000
1994 35,099,300,000,000
1995 36,127,600,000,000
1996 37,244,500,000,000
1997 38,539,600,000,000
1998 39,600,000,000,000
1999 40,911,900,000,000
2000 42,626,800,000,000
2001 43,260,500,000,000
2002 43,946,100,000,000
2003 44,990,300,000,000
2004 46,572,500,000,000
2005 47,965,700,000,000
2006 49,548,500,000,000
2007 50,984,600,000,000
2008 51,272,500,000,000
2009 49,622,400,000,000
2010 51,161,700,000,000
2011 52,245,200,000,000
2012 52,945,500,000,000
2013 53,731,000,000,000
2014 54,898,500,000,000
2015 56,279,400,000,000
2016 57,324,000,000,000
2017 58,689,300,000,000
2018 60,075,500,000,000
2019 61,138,600,000,000
2020 58,350,300,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts