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Share of global gross domestic product from G7 and G20 countries in 2023 and projections for 2029

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Source

Release date

October 2024

Region

Worldwide

Survey time period

October 2024

Supplementary notes

The G20 is an international organization whose permanent members are 19 countries and the European Union. Data for the European Union has been excluded due to overlap with G20 members France, Germany, and Italy.

Values are based on purchasing power parity using current price international dollars.

Citation formats

Breakdown of global GDP share from G7 and G20 countries 2023 and 2029

Published by ÌÇÐÄÆƽâ°æ Research Department, Oct 28, 2024

In 2023, the G7 countries of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States held ** percent of the global gross domestic product (GDP). In 2029, that figure is projected to drop to ** percent. Considering the other G20 countries, excluding the G7 countries, the GDP is expected to account for around ** percent of the global GDP in 2029.

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Topics

G20The European UnionSino-U.S. trading relationshipGlobal economyNorth American Free Trade Agreement
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