GDP per capita is gross domestic product divided by midyear population. GDP 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.
Economic Indicators Forecasts are based primarily on World Bank historical data and global GDP and employment forecasts from sources such as Goldman Sachs, Conference Board, The Economist, and the International Monetary Fund. Country forecasts are based on 1) World Bank country GDP and employment forecasts, and 2) a consensus forecast on total global GDP from multiple economist sources.
Data from 2017-2022 is historical data, 2023-2025 are forecasts. Economic Indicators forecasts are based on the most current GDP and employment outlooks. These estimates are current (nominal) figures, not constant (real) figures. They do not account for unpredictable future declines (recessions, natural disasters, wars, etc.).
Economic Indicators Forecasts are based primarily on World Bank historical data and global GDP and employment forecasts from sources such as Goldman Sachs, Conference Board, The Economist, and the International Monetary Fund. Country forecasts are based on 1) World Bank country GDP and employment forecasts, and 2) a consensus forecast on total global GDP from multiple economist sources.