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Gross world product (GWP) is the total gross national product of all the countries in the world. This also equals the total gross domestic product
Gross domestic product

File:GDP nominal per capita world map IMF 2008.pngThe gross domestic product or gross domestic income is one of the measures of national income and output for a given country's economy....
. See measures of national income and output
Measures of national income and output

A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including Gross Domestic Product , Gross National Product , and Net National Income ....
 for more details. The per capita
Per capita

Per capita is a Latin phrase meaning per head with per meaning "through" or "by" and capita meaning "heads." Both words together equate to the phrase "for each head."...
 GWP in 2008 was approximately $10,500 US dollars (USD). The Intergovernmental Panel on Climate Change
Intergovernmental Panel on Climate Change

The Intergovernmental Panel on Climate Change is a scientific intergovernmental body tasked to risk management of climate change caused by human activity....
 (IPCC), in their Third Assessment Report (TAR), predicts a maximum per-capita gross world product in 2100 of approximately $140,000 (in year 2000 dollars).

Sometimes term Gross Planetary Product (GPP) is also used for same concept.








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Gross world product (GWP) is the total gross national product of all the countries in the world. This also equals the total gross domestic product
Gross domestic product

File:GDP nominal per capita world map IMF 2008.pngThe gross domestic product or gross domestic income is one of the measures of national income and output for a given country's economy....
. See measures of national income and output
Measures of national income and output

A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including Gross Domestic Product , Gross National Product , and Net National Income ....
 for more details. The per capita
Per capita

Per capita is a Latin phrase meaning per head with per meaning "through" or "by" and capita meaning "heads." Both words together equate to the phrase "for each head."...
 GWP in 2008 was approximately $10,500 US dollars (USD). The Intergovernmental Panel on Climate Change
Intergovernmental Panel on Climate Change

The Intergovernmental Panel on Climate Change is a scientific intergovernmental body tasked to risk management of climate change caused by human activity....
 (IPCC), in their Third Assessment Report (TAR), predicts a maximum per-capita gross world product in 2100 of approximately $140,000 (in year 2000 dollars).

Sometimes term Gross Planetary Product (GPP) is also used for same concept.

Total World GDP

J. Bradford DeLong of the Department of Economics, U.C. Berkeley has estimated Total World GDP for the period one million BCE to 2000 CE, as follows:

(Years BCE, and millions of 1990 dollars)

Year1,000,000300,00025,00010,000800050004000
World1090310370430510770


(Years BCE, and billions of 1990 dollars)

Year3000200016001000800500400200
World1.593.024.366.359.7213.7216.0217.00


(Years CE, and billions of 1990 dollars)

Year114 200350400500600700800900100011001200125013001340140015001600165017001750180018501875
World18.5017.5018.5417.9318.4419.9220.8623.4425.2331.6835.3139.6037.4435.5832.0940.5044.9258.6777.0181.7499.80128.51175.24359.90568.08


(Years CE, and trillions of 1990 dollars)


Year1900192019251930194019501955196019651970197519801985199019952000
World1.102 961.733 672.102 882.253 813.001 364.081 815.430 446.855 259.126 9812.137 9415.149 4218.818 4622.481 1127.539 5733.644 3341.016 69


Global growth


The table below gives the recent values of the overall global growth as well as for near future according to World Bank in terms of constant 2000 US$.







Year200520062007f2008f2009f
World3.43.93.63.33.6
EU1.82.82.4
USA3.12.92.21.92.3
Developing countries6.87.57.47.17.0


(Global growth rates are higher if stated in terms of purchasing power parity
Purchasing power parity

The purchasing power parity theory uses the long-term equilibrium exchange rate of two currencies to equalize their purchasing power. Developed by Gustav Cassel in 1920, it is based on the law of one price: the theory states that, in ideally efficient markets, identical goods should have only one price....
.)

See also

  • Gross domestic product
    Gross domestic product

    File:GDP nominal per capita world map IMF 2008.pngThe gross domestic product or gross domestic income is one of the measures of national income and output for a given country's economy....
  • List of countries by GDP (nominal)
    List of countries by GDP (nominal)

    This article includes a list of List of countries sorted by their gross domestic product , the market value of all final goods and services from a nation in a given year....
  • List of countries by GDP (PPP)
    List of countries by GDP (PPP)

    There are three lists of countries of the world sorted by their gross domestic product . The GDP dollar estimates given on this page are derived from purchasing power parity calculations....
  • List of countries by GDP growth
    List of countries by GDP growth

    File:GDP growth.pngThis list of GDP growth is based on the data for GDP and population obtained from the United Nations ....
  • World economy
    World economy

    The world economy can be evaluated in various ways, depending on the model used, and this valuation can then be represented in various ways . It is inseparable from the Earth, and is therefore somewhat of a misnomer, since, while definitions and representations of the "world economy" vary widely, they must at a minimum exclude any considerati...


External links

  • [https://www.cia.gov/library/publications/the-world-factbook/geos/xx.html CIA World Factbook 2008]