Share of world GDP — all countries

Share of world GDP — Northern Europe

Share of world GDP in Northern Europe in 2031 — 3.501%. Since 1993, the indicator has fallen by 1.696 pp.

2031 3.501% −0.049 pp vs 2030
World rank
Period maximum 5.354%1998
Period minimum 3.501%2031

Trend over time

1993–2031 · % of world GDP

Share of world GDP — Northern Europe, 1993–20313.544.555.5199319972001200520092013201720212025202920311993: 5.197%1994: 5.246%1995: 5.285%1996: 5.249%1997: 5.297%1998: 5.354%1999: 5.346%2000: 5.327%2001: 5.325%2002: 5.288%2003: 5.249%2004: 5.152%2005: 5.08%2006: 4.979%2007: 4.895%2008: 4.744%2009: 4.535%2010: 4.417%2011: 4.317%2012: 4.229%2013: 4.155%2014: 4.138%2015: 4.15%2016: 4.113%2017: 4.1%2018: 4.024%2019: 4.05%2020: 4.014%2021: 4.046%2022: 4.069%2023: 3.936%2024: 3.861%2025: 3.824%2026: 3.763%2027: 3.703%2028: 3.652%2029: 3.601%2030: 3.55%2031: 3.501%
Change over the period: −1.696 pp Annual average: -0.04 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Northern Europe

Northern Europe 3.501%
World computed 99.592%
Share of world GDP — Northern Europe, by year Northern Europe All countries CSV XLSX
Year % Change, pp
2031 3.501 −0.049 pp
2030 3.55 −0.051 pp
2029 3.601 −0.051 pp
2028 3.652 −0.051 pp
2027 3.703 −0.06 pp
2026 3.763 −0.061 pp
2025 3.824 −0.037 pp
2024 3.861 −0.075 pp
2023 3.936 −0.133 pp
2022 4.069 +0.023 pp
2021 4.046 +0.032 pp
2020 4.014 −0.036 pp
2019 4.05 +0.026 pp
2018 4.024 −0.076 pp
2017 4.1 −0.013 pp
2016 4.113 −0.037 pp
2015 4.15 +0.012 pp
2014 4.138 −0.017 pp
2013 4.155 −0.074 pp
2012 4.229 −0.088 pp
2011 4.317 −0.1 pp
2010 4.417 −0.118 pp
2009 4.535 −0.209 pp
2008 4.744 −0.151 pp
2007 4.895 −0.084 pp
2006 4.979 −0.101 pp
2005 5.08 −0.072 pp
2004 5.152 −0.097 pp
2003 5.249 −0.039 pp
2002 5.288 −0.037 pp
2001 5.325 −0.002 pp
2000 5.327 −0.019 pp
1999 5.346 −0.008 pp
1998 5.354 +0.057 pp
1997 5.297 +0.048 pp
1996 5.249 −0.036 pp
1995 5.285 +0.039 pp
1994 5.246 +0.049 pp
1993 5.197

About the indicator

A country's share of world gross product measured at purchasing power parity. This is the indicator used when speaking of the shift of economic weight between regions: at PPP the shares look different than at market exchange rates — the weight of China and India is markedly higher, that of advanced countries lower, because prices for non-traded services are lower in poorer countries. The IMF series runs with a forecast several years ahead.

Important: The only indicator in the section where the sum over a group of countries has a direct meaning: the shares add up, and for a group the result is its weight in the world economy. The whole world should come to one hundred percent.

Source: World Economic Outlook (IMF), license IMF open data.