World
Nominal GDP
Nominal GDP measures total output at current market prices. It is useful for reading the size of an economy in money terms, but it also moves with inflation and exchange-rate effects.
Nominal GDP - World
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The reading right now
As of January 2024, Nominal GDP for World stood at 111T. That is up 4.2T from the prior year. Over the trailing five years, the series has averaged 98.8T, ranging from a low of 85.9T in January 2020 to a high of 111T in January 2024. The current reading sits 20.6T above its trailing ten-year mean of 90.4T.
Computed from the observation series on this page. Numbers update when the underlying provider revises the data.