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Gross World Product Information

Gross world product (GWP) is the total gross national product of all the countries in the world. This also equals the total gross domestic product. See measures of national income and output for more details. The per capita GWP in 2008 was approximately $10,500 US dollars (USD).[2]

Contents

Recent global growth

The table below gives the recent values of the overall global growth as well as for near future according to World Economic Outlook, 2011, of International Monetary Fund in terms of constant prices (year-on-year, based on purchasing power parity).[3][4][5][6]

Year 2006 2007 2008 2009 2010 2011 2012
World 5.1 5.2 3.0 -0.5 5.1 4.3 4.5
Advanced economies 3.0 2.7 0.6 -3.4 3.0 2.2 2.6
Euro area 2.9 2.7 0.7 -4.1 1.8 2.0 1.7
USA 2.7 2.1 0.4 -2.6 2.9 2.5 2.7
Developing countries 7.9 8.3 6.0 2.8 7.4 6.6 6.4

The 2011 & 2012 figures are IMF estimates.

Historical and prehistorical trends

J. Bradford DeLong of the Department of Economics, U.C. Berkeley has estimated Total World GDP for the period one million BC to 2000 AD, as reproduced below.[7] "Billion" in the table below refers to the short scale usage of the term, where 1 billion = 1000 millions = 109.

Year GDP (billions of 1990 dollars)
2000 AD 41016.69
1995 AD 33644.33
1990 AD 27539.57
1985 AD 22481.11
1980 AD 18818.46
1975 AD 15149.42
1970 AD 12137.94
1965 AD 9126.98
1960 AD 6855.25
1955 AD 5430.44
1950 AD 4081.81
1940 AD 3001.36
1930 AD 2253.81
1925 AD 2102.88
1920 AD 1733.67
1900 AD 1102.96
1875 AD 568.08
1850 AD 359.90
1800 AD 175.24
1750 AD 128.51
1700 AD 99.80
1650 AD 81.74
1600 AD 77.01
1500 AD 58.67
1400 AD 44.92
1340 AD 40.50
1300 AD 32.09
1250 AD 35.58
1200 AD 37.44
1100 AD 39.60
1000 AD 35.31
900 AD 31.68
800 AD 25.23
700 AD 23.44
600 AD 20.86
500 AD 19.92
400 AD 18.44
350 AD 17.93
200 AD 18.54
14 AD 17.50
1 AD 18.50
200 BC 17.00
400 BC 16.02
500 BC 13.72
800 BC 9.72
1000 BC 6.35
1600 BC 4.36
2000 BC 3.02
3000 BC 1.59
4000 BC 0.77
5000 BC 0.51
8000 BC 0.43
10,000 BC 0.37
25,000 BC 0.31
300,000 BC 0.09
1,000,000 BC 0.01

See also

References

  1. ^ IMF World Economic Outlook database
  2. ^ CIA - The World Factbook - World
  3. ^ Economic growth in major economic powers, IMF, World Economic Outlook, October 2009
  4. ^ World Economic Outlook Databases - archives
  5. ^ IMF more upbeat on world economy
  6. ^ World Economic Outlook Update: Mild Slowdown of the Global Expansion, and Increasing Risks June 2011
  7. ^ http://econ161.berkeley.edu/TCEH/1998_Draft/World_GDP/Estimating_World_GDP.html Estimating World GDP, One Million B.C. - Present

External links

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