The G7 countries' share of the world's gross domestic product (GDP) declined since 2000. While holding over 40 percent of the world's total GDP in 2000, this had dropped below 30 percent by 2024, a development that must be seen in relation with China's economic development over the past decades. Of the G7 countries, the United States held the largest share of the world's GDP at 15 percent in terms of purchasing-power-parity (PPP).
G7 countries' share of the world's gross domestic product (GDP) from 2000 to 2024, by country
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IMF. (October 22, 2024). G7 countries' share of the world's gross domestic product (GDP) from 2000 to 2024, by country [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1370614/g7-country-gdp-share-world/
IMF. "G7 countries' share of the world's gross domestic product (GDP) from 2000 to 2024, by country." Chart. October 22, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1370614/g7-country-gdp-share-world/
IMF. (2024). G7 countries' share of the world's gross domestic product (GDP) from 2000 to 2024, by country. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1370614/g7-country-gdp-share-world/
IMF. "G7 Countries' Share of The World's Gross Domestic Product (Gdp) from 2000 to 2024, by Country." Statista, Statista Inc., 22 Oct 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1370614/g7-country-gdp-share-world/
IMF, G7 countries' share of the world's gross domestic product (GDP) from 2000 to 2024, by country Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1370614/g7-country-gdp-share-world/ (last visited November 10, 2024)
G7 countries' share of the world's gross domestic product (GDP) from 2000 to 2024, by country [Graph], IMF, October 22, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1370614/g7-country-gdp-share-world/