As 2022 comes to a close we can recap many historic milestones of the year, like the Earth’s population hitting 8 billion and the global economy surpassing $100 trillion.
In this chart, Visual Capitalist’s Avery Koop visualizes the world’s GDP using datafrom the IMF, showcasing the biggest economies and the share of global economic activity that they make up.
Gross Domestic Product (GDP) is a broad indicator of the economic activity within a country. It measures the total value of economic output—goods and services—produced within a given time frame by both the private and public sectors.