List of countries by GDP (nominal) explained

ImageSize = width:auto height:260 barincrement:50PlotArea = left:50 bottom:15 top:10 right:20AlignBars = justifyTimeAxis = orientation:verticalDateFormat = x.yPeriod = from:0.0 till:30ScaleMajor = unit:day start:0.0 increment:2 PlotData = color:blue width:35 bar:US from:start till:28.78 bar:China from:start till:18.53 bar:Germany from:start till:4.59 bar:Japan from:start till:4.11 bar:India from:start till:3.93 bar:UK from:start till:3.49 bar:France from:start till:3.13 bar:Brazil from:start till:2.33 bar:Italy from:start till:2.33 bar:Canada from:start till:2.24 PlotData = bar:US at:29.60 fontsize:S text: 28.78 shift:(-9,0) bar:China at:19.35 fontsize:S text: 18.53 shift:(-12,0) bar:Germany at:5.41 fontsize:S text: 4.59 shift:(-9,0) bar:Japan at:5.31 fontsize:S text: 4.11 shift:(-9,0) bar:India at:4.74 fontsize:S text: 3.93 shift:(-9,0) bar:UK at:4.16 fontsize:S text: 3.49 shift:(-9,0) bar:France at:3.92 fontsize:S text: 3.13 shift:(-9,0) bar:Brazil at:3.17 fontsize:S text: 2.33 shift:(-9,0) bar:Italy at:3.09 fontsize:S text: 2.33 shift:(-9,0) bar:Canada at:3.08 fontsize:S text: 2.24 shift:(-9,0) TextData = pos:(0,0) text:US$ Tn
Largest economies in the world by GDP (nominal) in 2024
according to International Monetary Fund estimates

Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year.[1] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency.[2] Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference in the standard of living of its population.[3]

Comparisons of national wealth are also frequently made based on purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. Other metrics, nominal GDP per capita and a corresponding GDP (PPP) per capita are used for comparing national standard of living. On the whole, PPP per capita figures are less spread than nominal GDP per capita figures.[4]

The rankings of national economies over time have changed considerably; the United States surpassed the British Empire's output around 1916,[5] which in turn had surpassed the Qing dynasty in aggregate output decades earlier.[6] [7] Since China's transition to a socialist market economy through controlled privatisation and deregulation,[8] [9] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.[10] Among others, India has also experienced an economic boom since the implementation of economic liberalisation in the early 1990s.[11]

The first list includes estimates compiled by the International Monetary Fund's World Economic Outlook, the second list shows the World Bank's data, and the third list includes data compiled by the United Nations Statistics Division. The IMF's definitive data for the past year and estimates for the current year are published twice a year in April and October. Non-sovereign entities (the world, continents, and some dependent territories) and states with limited international recognition (such as Kosovo and Taiwan) are included in the list where they appear in the sources.

Table

The table initially ranks each IMF member including

The links in the "Country/Territory" row of the following table link to the article on the GDP or the economy of the respective country or territory.

GDP (million US$) by country
Country/TerritoryIMF[12] [13] World Bank[14] United Nations[15]
Forecast Year Estimate Year Estimate Year
109,529,216
2024
105,435,540 2023 100,834,796 2022
28,781,083 2024 27,360,935 2023 25,744,100 2022
18,532,633 2024 17,794,782 2023 17,963,170 2022
4,591,100 2024 4,456,081 2023 4,076,923 2022
4,110,452 2024 4,212,945 2023 4,232,173 2022
3,937,011 2024 3,549,919 2023 3,465,541 2022
3,495,261 2024 3,340,032 2023 3,089,072 2022
3,130,014 2024 3,030,904 2023 2,775,316 2022
2,331,391 2024 2,173,666 2023 1,920,095 2022
2,328,028 2024 2,254,851 2023 2,046,952 2022
2,242,182 2024 2,140,086 2023 2,137,939 2022
2,056,844 2024 2,021,421 2023 2,240,422 2022
2,017,025 2024 1,788,887 2023 1,463,323 2022
1,790,348 2024 1,723,827 2023 1,776,577 2022
1,760,947 2024 1,712,793 2023 1,673,916 2022
1,647,114 2024 1,580,695 2023 1,415,874 2022
1,475,690 2024 1,371,171 2023 1,319,100 2022
1,142,513 2024 1,118,125 2023 1,008,027 2022
1,113,561 2024 1,108,022 2023 907,118 2022
1,106,015 2024 1,067,583 2023 1,108,148 2022
938,458 2024 884,940 2023 818,426 2022
844,623 2024 811,229 2023 688,125 2022
- style="background:#ECECEC"802,958 2024 colspan=2 colspan=2
655,192 2024 632,217 2023 582,643 2022
623,048 2024 593,268 2023 591,188 2022
604,260 2024 640,591 2023 631,133 2022
564,020 2024 545,629 2023 532,415 2022
548,890 2024 514,945 2023 495,340 2022
540,887 2024 516,034 2023 470,302 2022
530,664 2024 509,902 2023 525,002 2022
527,796 2024 504,173 2023 507,063 2022
526,951 2024 485,513 2023 579,422 2022
525,228 2024 501,428 2023 466,788 2022
471,516 2024 437,146 2023 404,284 2022
465,814 2024 429,717 2023 408,802 2022
464,181 2024 401,505 2023 398,047 2022
455,162 2024 437,415 2023 432,677 2022
445,519 2024 399,649 2023 406,305 2022
409,989 2024 404,199 2023 400,167 2022
406,775 2024 382,055 2023 359,838 2022
386,076 2024 363,540 2023 343,939 2022
373,233 2024 377,782 2023 405,270 2022
369,971 2024 351,003 2023 300,690 2022
347,594 2024 395,926 2023 409,306 2022
338,237 2023 338,368 2023 326,796 2022
333,760 2024 335,533 2023 300,686 2022
325,880 2024 330,858 2023 290,527 2022
308,055 2024 300,187 2023 282,511 2022
298,949 2024 287,080 2023 254,849 2022
296,740 2024 261,421 2023 225,496 2022
282,458 2024 267,603 2023 242,631 2022
266,780 2024 239,899 2023 191,912 2022
265,894 2024 250,843 2023 264,182 2022
257,625 2024 253,466 2023 245,845 2022
252,738 2024 362,815 2023 475,058 2022
250,276 2024 238,206 2023 217,285 2022
244,686 2024 235,770 2022 237,101 2022
223,413 2024 212,389 2023 177,337 2022
205,130 2024 163,698 2023 118,971 2022
188,943 2024 178,757 2023 160,502 2022
160,397 2024 161,772 2023 175,363 2022
152,377 2024 141,109 2023 130,912 2022
- style="background:#ECECEC"colspan=2 colspan=2 147,193 2022
140,808 2024 132,794 2023 115,304 2022
127,356 2024 121,444 2023 113,537 2022
121,592 2024 118,845 2023 115,049 2022
117,763 2024 117,902 2023 113,434 2022
110,035 2024 102,050 2023 95,003 2022
108,927 2024 108,192 2023 114,666 2022
107,933 2024 101,584 2023 90,213 2022
104,001 2024 107,441 2023 113,419 2022
102,328 2024 colspan=2 129,313 2022
97,956 2024 90,889 2023 80,391 2022
96,058 2024 86,498 2023 68,380 2022
92,123 2024 84,773 2023 113,304 2022
88,556 2024 85,755 2023 81,530 2022
88,076 2024 82,689 2023 71,552 2022
87,347 2024 83,382 2023 76,522 2022
86,911 2024 78,789 2023 70,018 2022
82,605 2024 77,241 2023 71,171 2022
81,896 2024 59,887 2023 67,009 2022
81,873 2024 75,187 2023 63,563 2022
81,170 2024 77,836 2023 70,878 2022
79,605 2024 79,158 2023 73,535 2022
78,749 2024 72,356 2023 78,721 2022
75,244 2024 76,370 2023 73,766 2022
- style="background:#ECECEC"74,846 2022 84,357 2023 76,187 2022
73,761 2024 66,383 2023 62,551 2022
72,101 2024 68,217 2023 59,981 2022
69,048 2024 71,857 2023 72,873 2022
68,006 2024 64,815 2023 65,211 2022
56,310 2024 49,273 2023 48,243 2022
54,708 2024 48,530 2023 46,181 2022
54,677 2024 47,062 2023 24,042 2022
53,570 2024 50,814 2023 47,452 2022
53,205 2024 47,946 2023 44,341 2022
49,334 2024 45,850 2023 44,008 2022
48,221 2024 50,492 2023 40,537 2022
46,790 2024 43,205 2023 44,382 2022
45,817 2024 42,956 2023 41,722 2022
45,466 2024 43,627 2023 40,876 2022
45,150 2024 31,773 2023 29,504 2022
44,179 2024 40,908 2023 39,406 2022
43,486 2024 40,745 2023 38,049 2022
37,355 2024 34,401 2023 31,717 2022
35,450 2024 31,014 2023 27,775 2022
35,333 2024 34,016 2023 32,488 2022
34,405 2024 26,538 2023 26,418 2022
34,221 2024 32,230 2023 29,210 2022
33,338 2024 31,020 2023 28,064 2022
32,865 2024 30,536 2023 24,605 2022
31,716 2024 30,933 2022 31,609 2022
29,872 2024 28,163 2023 29,136 2022
29,078 2024 27,055 2023 24,473 2022
28,365 2024 28,140 2023 30,053 2022
26,865 2024 109,327 2023 36,729 2022
25,447 2024 23,612 2023 20,846 2022
25,431 2024 22,978 2023 18,916 2022
25,408 2024 24,212 2023 19,513 2022
24,046 2024 19,851 2023 18,751 2022
22,975 2024 20,625 2023 18,406 2022
22,737 2024 20,957 2023 18,100 2022
21,943 2024 19,872 2023 17,146 2022
21,902 2024 20,325 2023 19,176 2022
- style="background:#ECECEC"21,780 2022 17,937 2023 39,303 2022
21,662 2024 20,905 2023 18,827 2022
21,418 2024 19,396 2023 20,352 2022
21,371 2024 19,673 2023 17,396 2022
21,178 2024 16,786 2023 14,718 2022
21,013 2024 20,516 2023 20,132 2022
20,098 2024 19,423 2023 17,097 2022
18,829 2024 17,829 2023 15,671 2022
18,816 2024 16,819 2023 15,414 2022
18,697 2024 13,149 2023 16,799 2022
- style="background:#ECECEC"18,602 2023 17,396 2023 19,111 2022
18,356 2024 16,539 2023 14,510 2022
16,940 2024 colspan=2 11,007 2022
16,465 2024 16,032 2023 14,954 2022
16,359 2024 14,397 2023 12,898 2022
15,873 2024 14,761 2023 13,711 2022
15,510 2024 15,128 2023 16,681 2022
15,501 2024 15,321 2023 15,344 2022
15,190 2024 15,843 2023 15,362 2022
- style="background:#ECECEC"colspan=2 colspan=2 15,176 2022
- style="background:#ECECEC"14,467 2022 14,502 2022 14,174 2022
14,390 2024 14,339 2023 12,897 2022
13,701 2024 14,098 2023 13,312 2022
13,599 2024 13,988 2023 10,930 2022
12,953 2024 12,061 2023 10,492 2022
12,804 2024 11,680 2023 10,420 2022
12,765 2024 12,351 2023 12,607 2022
- style="background:#ECECEC"11,318 2024 10,438 2023 9,397 2022
11,241 2024 14,084 2023 12,558 2022
10,708 2024 12,117 2023 11,767 2022
10,628 2024 10,453 2023 10,997 2022
9,832 2024 9,171 2023 8,087 2022
- style="background:#ECECEC"colspan=2 9,623 2022 9,623 2022
- style="background:#ECECEC"colspan=2 8,980 2021 18,595 2022
- style="background:#ECECEC"colspan=2 8,784 2022 8,772 2022
8,010 2024 7,405 2023 6,229 2022
- style="background:#ECECEC"colspan=2 7,365 2022 7,757 2022
- style="background:#ECECEC"colspan=2 7,828 2022 7,546 2022
7,199 2024 6,600 2023 6,170 2022
6,863 2024 6,394 2023 5,699 2022
- style="background:#ECECEC"colspan=2 6,601 2022 6,281 2022
6,517 2024 colspan=2 4,616 2022
- style="background:#ECECEC"colspan=2 5,815 2022 5,814 2022
5,801 2024 5,495 2023 4,979 2022
5,085 2024 4,598 2023 4,326 2022
4,754 2024 4,332 2023 3,265 2022
4,558 2024 3,810 2023 3,481 2022
4,364 2024 4,099 2023 4,003 2022
4,337 2024 3,782 2023 3,620 2022
4,069 2024 3,545 2022 3,544 2022
3,897 2024 3,728 2023 3,376 2022
3,296 2024 3,282 2023 2,830 2022
- style="background:#ECECEC"colspan=2 3,236 2021 2,926 2022
3,110 2024 2,898 2022 2,898 2022
- style="background:#ECECEC"colspan=2 3,074 2022 3,075 2022
3,075 2024 2,642 2023 4,032 2022
2,810 2024 2,555 2023 2,395 2022
2,718 2024 2,587 2023 2,314 2022
2,694 2024 2,340 2023 2,231 2022
2,582 2024 2,520 2023 2,165 2022
2,395 2024 2,046 2023 2,287 2022
- style="background:#ECECEC"colspan=2 colspan=2 2,383 2022
- style="background:#ECECEC"colspan=2 colspan=2 2,361 2022
2,203 2024 2,141 2023 1,994 2022
2,151 2024 1,966 2023 1,574 2022
2,127 2024 2,033 2023 1,770 2022
2,033 2024 1,855 2021 1,780 2022
1,992 2024 2,243 2023 3,204 2022
1,707 2024 1,631 2023 1,597 2022
- style="background:#ECECEC"colspan=2 1,623 2023 1,572 2022
1,422 2024 1,352 2023 1,246 2022
1,406 2024 1,320 2023 1,192 2022
- style="background:#ECECEC"colspan=2 1,402 2023 1,138 2022
1,289 2024 1,126 2023 985 2022
1,134 2024 1,077 2023 979 2022
1,128 2024 1,066 2023 946 2022
1,024 2024 934 2023 857 2022
751 2024 603 2023 546 2022
708 2024 654 2023 612 2022
581 2024 500 2022 488 2022
484 2024 460 2023 427 2022
311 2024 279 2023 223 2022
308 2024 263 2023 225 2022
305 2024 284 2023 279 2022
161 2024 154 2023 147 2022
66 2024 62 2023 59 2022

See also

Countries:

Other entities:

Notes and References

  1. Web site: What is GDP and why is it so important? . . . 26 February 2009 . 23 May 2016 . 23 May 2016 . https://web.archive.org/web/20160523230418/http://www.investopedia.com/ask/answers/199.asp . live .
  2. Web site: A Beginner's Guide to Purchasing Power Parity Theory . . . 31 May 2014 . Moffatt, Mike . 1 March 2017 . https://web.archive.org/web/20170301091007/http://economics.about.com/cs/money/a/purchasingpower.htm . dead .
  3. Web site: Economic Growth and Real Exchange Rate: An Overview of the Balassa-Samuelson Hypothesis in Asia . . Changes in Exchange Rates in Rapidly Development Countries: Theory, Practice, and Policy Issues . January 1999 . 23 May 2016 . . Isard, Peter . Symansky, Steven . 28 March 2016 . https://web.archive.org/web/20160328101132/http://www.nber.org/chapters/c8616.pdf . live .
  4. Web site: Gross Domestic Product: An Economy's All . . . 28 March 2012 . 31 May 2014 . Callen, Tim . 11 December 2021 . https://web.archive.org/web/20211211141652/https://www.imf.org/external/pubs/ft/fandd/basics/gdp.htm . live .
  5. Web site: Frum. David. 2014-12-24. The Real Story of How America Became an Economic Superpower. 2022-02-16. The Atlantic. en. 16 February 2022. https://web.archive.org/web/20220216122337/https://www.theatlantic.com/international/archive/2014/12/the-real-story-of-how-america-became-an-economic-superpower/384034/. live.
  6. Web site: 5 Most Powerful Economic Empires of All Time . . . 5 October 2014 . 23 May 2016 . Matthews, Chris . 16 August 2016 . https://web.archive.org/web/20160816110110/http://fortune.com/2014/10/05/most-powerful-economic-empires-of-all-time/ . live .
  7. Book: China's Economy: What Everyone Needs to Know . . Kroeber, Arthur R. . 2016 . New York, United States . 9780190239053 . 28 May 2016 . 5 February 2021 . https://web.archive.org/web/20210205123111/https://books.google.com/books?id=cPa9CwAAQBAJ . live .
  8. Book: China in the Era of Deng Xiaoping: A Decade of Reform . . Studies on Contemporary China . 30 September 1993 . 23 May 2016 . Kau, Michael Ying-mao . 9781563242786 . 5 February 2021 . https://web.archive.org/web/20210205114255/https://books.google.com/books?id=mDS0GW7FH_0C . live .
  9. Web site: Why Is China Growing So Fast? . . Economic Issues . April 1997 . 26 May 2016 . Hu, Zuliu . Khan, Mohsin S. . 16 April 2016 . https://web.archive.org/web/20160416122508/https://www.imf.org/EXTERNAL/PUBS/FT/ISSUES8/issue8.pdf . live .
  10. Web site: 2022-01-18 . China GDP growth slows as population crisis, Covid-19 cloud economic outlook . 2022-08-12 . South China Morning Post . en . 5 December 2022 . https://web.archive.org/web/20221205193835/https://www.scmp.com/economy/china-economy/article/3163720/china-gdp-growth-2021-beats-expectations-narrowing-gap-us . live .
  11. Web site: From "Hindu Growth" to Productivity Surge: The Mystery of the Indian Growth Transition . . March 2004 . 23 March 2016 . . etal . 27 March 2016 . https://web.archive.org/web/20160327131506/http://www.nber.org/papers/w10376.pdf . live .
  12. Web site: 16 April 2024 . World Economic Outlook Database, April 2024 . 16 April 2024 . IMF.org . International Monetary Fund.
  13. Web site: 16 April 2024 . WEO Database, April 2024. Report for Selected Countries and Subjects: World, European Union . 16 April 2024 . IMF.org . International Monetary Fund.
  14. Web site: GDP (current US$). 2024-06-13. data.worldbank.org. 13 June 2024. https://web.archive.org/web/20240613220015/https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?most_recent_value_desc=true&year_high_desc=true. live.
  15. Web site: United Nations Statistics Division - National Accounts. unstats.un.org. 13 June 2024. 13 June 2024. https://web.archive.org/web/20240613012106/https://unstats.un.org/unsd/amaapi/api/file/2. live.