Common

Gross world product

Combined gross national product of all the countries in the world

Gross world product

Common card · No. 324306

The gross world product (GWP), also known as gross world income (GWI), is the combined gross national income (previously, the "gross national product") of all the countries in the world. Because imports and exports balance exactly when considering the whole world, this also equals the total global gross domestic product (GDP). In purchasing-power-parity (PPP) terms, the World Bank estimated the size of the global economy at approximately $180.0 trillion in 2025, measured in constant 2021 international dollars. Compared to 2015, where the GWP was estimated at around $133.0 trillion (constant 2021 international $), this is an increase of about 35.4%. Based on the same data, the GWP (PPP) grew at an average compounded annual growth rate of approximately 3.36% between 2000 and 2025, while the GWP (PPP) per capita grew by an average 2.18% per year during the same period. Historically, according to DeLong's 1998 estimates, GWP growth was extremely slow for hundreds of thousands of years when...

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