The G7 countries' combined gross domestic product (GDP) as a share of the world's GDP declined since 2000. While holding over 40 percent of the world's total GDP in 2000, this had dropped to around 30 percent by 2022, 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' combined gross domestic product (GDP) as share of the world's GDP from 2000 to 2023
Characteristic
GDP based on Purchasing Power Parity(PPP)
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IMF. (October 10, 2023). G7 countries' combined gross domestic product (GDP) as share of the world's GDP from 2000 to 2023 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1372791/g7-combined-gdp-share-world/
IMF. "G7 countries' combined gross domestic product (GDP) as share of the world's GDP from 2000 to 2023." Chart. October 10, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1372791/g7-combined-gdp-share-world/
IMF. (2023). G7 countries' combined gross domestic product (GDP) as share of the world's GDP from 2000 to 2023. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1372791/g7-combined-gdp-share-world/
IMF. "G7 Countries' Combined Gross Domestic Product (Gdp) as Share of The World's Gdp from 2000 to 2023." Statista, Statista Inc., 10 Oct 2023, https://www.statista.com/statistics/1372791/g7-combined-gdp-share-world/
IMF, G7 countries' combined gross domestic product (GDP) as share of the world's GDP from 2000 to 2023 Statista, https://www.statista.com/statistics/1372791/g7-combined-gdp-share-world/ (last visited July 22, 2024)
G7 countries' combined gross domestic product (GDP) as share of the world's GDP from 2000 to 2023 [Graph], IMF, October 10, 2023. [Online]. Available: https://www.statista.com/statistics/1372791/g7-combined-gdp-share-world/