Which are the world’s biggest economies by GDP? | World Economic Forum The top 10 economies combined made up two-thirds of GDP, while the 42 represented on the chart made up just over 90% of the world’s GDP, and the rest of the world accounted for the remaining 9 8% Africa is the smallest region represented, with three economies - Nigeria, South Africa and Egypt - together making up $1 1 trillion of global GDP
BRICS: Here’s what to know about the international bloc The BRICS economies also account for an estimated 37 3% of global gross domestic product based on purchasing power parity China alone represents 19 05% while India accounts for 8 23%, according to the International Monetary Fund Meanwhile, the United States and the European Union account for roughly 14 5% each
What you need to know about the global economy | World Economic Forum The cost of living is hitting people in low-income economies the hardest Image: World Economic Forum Saadia Zahidi, Managing Director at the Forum, highlights “growing inequality between and within countries” as the “ongoing legacy of COVID-19, war and uncoordinated policy action”
The top economics stories of 2024 - The World Economic Forum With rapid interest rate rises in recent times to dampen inflation, central banks ran the risk of recessions as growth was stifled However, across most economies that was avoided - the soft landing Our May Chief Economists Outlook talked of 'cautious optimism' - a view echoed through much of the rest of 2024
Tariffs dramatically change the tenor of global trade, and other . . . There are also proposals being drawn up for “reciprocal” tariffs; experts think these broad, tit-for-tat measures could disproportionately impact emerging economies There are fears they could ultimately spark a wider trade war, something that chief economists were already warning about last month
The Future of Jobs Report 2025 | World Economic Forum The Future of Jobs Report 2025 brings together the perspective of over 1,000 leading global employers—collectively representing more than 14 million workers across 22 industry clusters and 55 economies from around the world—to examine how these macrotrends impact jobs and skills, and the workforce transformation strategies employers plan to
Global Gender Gap Report 2025: Progress despite uncertainty Across economies included in the index, there is a near-universal implementation gap Even economies with advanced legal frameworks show wide differences in practical support Adopting high legal standards alone is insufficient to close gender gaps; robust implementation mechanisms are key to translating policy into real gender parity outcomes
An economist explains what COVID-19 has done to the economy Explore and monitor how SDG 08: Decent Work and Economic Growth is affecting economies, industries and global issues Forum Stories newsletter Bringing you weekly curated insights and analysis on the global issues that matter
An economist explains the pros and cons of globalization Both advanced economies and developing economies have benefited overall in terms of having higher productivity, more job creation, and higher wages As we've always known, and this is true again with technology, there are always some winners and losers So there are communities and there are workers who lose out when there is more trade