concept

global GDP

Also known as: world GDP, global gross domestic product

Facts (9)

Sources

Carbon Pricing for Inclusive Prosperity: The Role of Public Support econfip.org EconFIP 2 facts

measurementUnmitigated global climate change is projected to reduce global GDP by 23% by the end of the 21st century, according to projections by Burke et al. (2015).

measurementLimiting global warming to 1.5°C instead of 2°C, as interpreted under the 2015 Paris Agreement, could prevent a 5% reduction in global GDP by the year 2100, according to Pretis et al. (2018).

How China is responding to escalating strategic competition with the ... brookings.edu Ryan Hass · Brookings Mar 1, 2021 2 facts

measurementThe Regional Comprehensive Economic Partnership (RCEP) trade bloc accounts for nearly 30 percent of global GDP and global population.

measurementChina's economy is expected to account for 16.8 percent of global gross domestic product, adjusted for inflation, which is the highest share of any country in the world.

Carbon Pricing for Climate Change Mitigation and Financing the SDGs global-solutions-initiative.org Ottmar Edenhofer, Christian Flachsland, Brigitte Knopf, Ulrike Kornek · Global Solutions Initiative 1 fact

measurementAssuming 36 gigatonnes of global CO2 emissions in 2015 and a hypothetical price of US$50 per tonne, carbon pricing would generate US$1.8 trillion annually, or 2.3% of global GDP.

The Impact and Implications of the Ukraine Crisis - Interpret interpret.csis.org CSIS Feb 28, 2023 1 fact

measurementThe Cologne Institute for Economic Research estimates that the Ukraine crisis will cause a global GDP loss of more than 1.6 trillion U.S. dollars in 2022 and an additional 1 trillion U.S. dollars in 2023.

Wealthfront Classic Portfolio Investment Methodology White Paper research.wealthfront.com Wealthfront Mar 9, 2026 1 fact

measurementDeveloping countries account for half of world GDP, a portion expected to increase as these economies develop.

World Trade Without the US | Cato Institute cato.org Cato Institute 1 fact

quoteRuchir Sharma, chair of Rockefeller International, stated: "Since 2017, Trump’s first year in office, trade has held more or less steady at just under 60 per cent of global GDP. But there’s been a decline in the US share of trade flows offset by an increase in other regions, particularly the nations of Asia, Europe and the Middle East. Trump 2.0 seems likely to bring more of the same: trade without America."

Sustainable Energy Transition for Renewable and Low Carbon Grid ... frontiersin.org Frontiers Mar 23, 2022 1 fact

measurementGlobal gross domestic product (GDP) has increased by approximately 4.5 times since the 1970s.