Annual economic activity
Every other firm in the world. What a beautiful world we live in. According the UN in 2019, the world population was 7,954,578,386. That's a lot of people.
The global GDP increased from around 25 trillion U.S. dollars in the 1990s to 87.5 trillion U.S. dollars in 2019. The United States was the country with the highest gross domestic productin 2020, followed by China, Japan, and Germany. According to a forecast for 2030, this ranking will look quite different in the future as emerging countries, such as China, India, Russia, or Brazil, are growing faster than the mature economies. In general, global economic growth could be observed in the past years apart from 2020, where the coronavirus (COVID-19) pandemic took its toll on almost every country in the world. If we compare the gross domestic product with the number of inhabitants and take a look at GDP per capita, such countries as Macao, Luxembourg, and Singapore emerge as world leaders. On the other hand, Burundi, South Sudan, and Malawi led the ranking of the countries with the lowest GDP per capita in 2020. In 2019, global GDP per capita amounted to 11.43 thousand U.S. dollars.