OECD members Economic Growth 1960-2024

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.
  • OECD members economic growth for 2023 was $64,098.87B, a 6.53% increase from 2022.
  • OECD members economic growth for 2022 was $60,170.09B, a 2.16% increase from 2021.
  • OECD members economic growth for 2021 was $58,899.84B, a 11.44% increase from 2020.
  • OECD members economic growth for 2020 was $52,852.90B, a 2.22% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
World $105,435.04B
OECD members $64,098.87B
East Asia & Pacific $30,775.66B
North America $29,509.30B
European Union $18,349.39B
Euro Area $15,544.86B
Latin America & Caribbean $7,094.33B
South Asia $4,475.57B
Sub-Saharan Africa $2,032.75B
OECD members Economic Growth - Historical Data
Year GDP Per Capita Growth Rate
2023 $64,098.87B $46,281 1.67%
2022 $60,170.09B $43,682 2.78%
2021 $58,899.84B $42,931 5.71%
2020 $52,852.90B $38,593 -3.95%
2019 $54,053.01B $39,686 1.80%
2018 $53,525.98B $39,507 2.34%
2017 $50,610.71B $37,577 2.59%
2016 $48,460.55B $36,197 1.85%
2015 $47,536.67B $35,733 2.50%
2014 $50,386.91B $38,112 2.18%
2013 $49,360.20B $37,575 1.61%
2012 $48,676.83B $37,286 1.39%
2011 $48,721.23B $37,547 1.88%
2010 $45,297.23B $35,088 2.97%
2009 $43,184.01B $33,672 -3.40%
2008 $46,172.65B $36,254 0.39%
2007 $43,483.78B $34,404 2.60%
2006 $39,718.28B $31,657 3.03%
2005 $37,648.16B $30,229 2.82%
2004 $35,608.85B $28,798 3.27%
2003 $31,985.36B $26,059 2.03%
2002 $28,601.70B $23,475 1.54%
2001 $27,415.35B $22,671 1.42%
2000 $27,669.62B $23,055 4.09%
1999 $27,071.12B $22,720 3.43%
1998 $25,774.93B $21,793 3.04%
1997 $25,507.73B $21,730 3.63%
1996 $25,899.39B $22,237 3.11%
1995 $25,681.30B $22,224 2.67%
1994 $23,297.64B $20,326 3.22%
1993 $21,795.81B $19,176 1.40%
1992 $21,464.75B $19,056 2.09%
1991 $19,953.76B $17,884 1.14%
1990 $18,846.97B $17,059 2.94%
1989 $16,735.31B $15,282 3.78%
1988 $15,997.00B $14,729 4.53%
1987 $14,189.42B $13,168 3.54%
1986 $12,251.97B $11,458 3.02%
1985 $10,110.23B $9,529 3.71%
1984 $9,603.97B $9,122 4.72%
1983 $9,189.66B $8,796 2.87%
1982 $8,890.35B $8,580 0.16%
1981 $9,029.39B $8,788 2.14%
1980 $8,867.25B $8,708 1.25%
1979 $7,983.33B $7,914 3.91%
1978 $6,915.17B $6,923 4.39%
1977 $5,744.57B $5,807 3.75%
1976 $5,094.30B $5,199 4.73%
1975 $4,701.15B $4,845 0.12%
1974 $4,194.42B $4,368 1.08%
1973 $3,739.26B $3,936 6.04%
1972 $3,089.08B $3,288 5.38%
1971 $2,659.33B $2,864 3.76%
1970 $2,400.41B $2,619 2.76%
1969 $2,191.11B $2,417 5.52%
1968 $1,988.24B $2,219 5.94%
1967 $1,832.99B $2,069 3.82%
1966 $1,714.91B $1,959 5.56%
1965 $1,566.40B $1,812 5.46%
1964 $1,441.75B $1,690 6.45%
1963 $1,317.49B $1,565 5.09%
1962 $1,223.95B $1,474 5.55%
1961 $1,131.86B $1,382 4.41%
1960 $1,061.26B $1,314 %