List of Countries by GDP (nominal)
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List of Countries by GDP Nominal

Largest economies by nominal GDP in 2021[1]
Countries by nominal GDP in 2019[n 1]
  >$20 trillion
  $10-$20 trillion
  $5-$10 trillion
  $1-$5 trillion
  $750 billion-$1 trillion
  $500-$750 billion
  $250-$500 billion
  $100-$250 billion
  $50-$100 billion
  $25-$50 billion
  $5-$25 billion
  <$5 billion

Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year.[2] 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.[3] 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.[4]

Comparisons of national wealth are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, does not take into account the differences of quality of goods and services among countries, and it also requires more estimation than nominal GDP.[5] On the whole, PPP per capita figures are less spread than nominal GDP per capita figures.[6]

Although the rankings of national economies have changed considerably over time, the United States has maintained its top position since the Gilded Age, a time period in which its economy saw rapid expansion, surpassing the British Empire and Qing dynasty in aggregate output.[7][8] Since China's transition to a market-based economy through controlled privatisation and deregulation,[9][10] the country has seen its ranking increase from ninth, in 1978, to second, in 2016. Economic growth accelerated and its share of global nominal GDP surged from 2% in 1980 to 15% in 2016.[8][1] 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 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, the State of Palestine and Taiwan) are included in the list where they appear in the sources.

Lists

Per the International Monetary Fund
(2021 estimates)[1]
Per the World Bank (2019)[12] Per the United Nations (2019)[13]
Country/Territory GDP
(US$ M)
 World[14] 93,889,577
 United States+  22,675,271
 China+ [n 2] 16,642,318
 Japan+  5,378,136
 Germany+  4,319,286
 United Kingdom+  3,124,650
 India+  3,049,704
 France+  2,938,271
 Italy+  2,106,287
 Canada+  1,883,487
 South Korea+  1,806,707
 Russia+  1,710,734
 Australia+  1,617,543
 Brazil+  1,491,772
 Spain+  1,461,552
 Mexico+  1,192,480
 Indonesia+  1,158,783
 Netherlands+  1,012,598
 Switzerland+  824,734
 Saudi Arabia+  804,921
 Turkey+  794,530
 Taiwan+ [n 3] 759,104
 Iran+  682,859
 Poland+  642,121
 Sweden+  625,948
 Belgium+  578,996
 Thailand+  538,735
 Nigeria+  514,049
 Austria+  481,796
 Ireland+  476,663
 Israel+  446,708
 Norway+  444,519
 Argentina+  418,150
 Philippines+  402,638
 United Arab Emirates+  401,513
 Egypt+  394,284
 Denmark+  392,570
 Malaysia+  387,093
 Singapore+  374,394
 Hong Kong+ [n 4] 368,633
 Vietnam+  354,868
 Bangladesh+ [15] 352,908
 South Africa+  329,529
 Chile+  307,938
 Pakistan+  306,340
 Finland+  300,484
 Colombia+  295,610
 Romania+  289,130
 Czech Republic+  276,109
 Portugal+  257,391
 New Zealand+  243,332
 Peru+  225,918
 Greece+  209,857
 Iraq+  190,733
 Kazakhstan+  187,836
 Hungary+  176,543
 Qatar+  166,031
 Ukraine+ [n 5] 164,593
 Algeria+  151,459
 Kuwait+  126,930
 Morocco+  124,003
 Slovakia+  117,664
 Kenya+  106,041
 Puerto Rico+  100,684
 Ecuador+  100,595
 Ethiopia+  93,966
 Sri Lanka+  84,532
 Luxembourg+  84,077
 Dominican Republic+  83,917
 Guatemala+  81,402
 Bulgaria+  77,782
 Myanmar+  76,195
 Ghana+  74,260
 Oman+  74,115
 Ivory Coast+  70,991
 Angola+  66,493
 Tanzania+  65,919
 Croatia+  65,217
 Lithuania+  62,198
 Uzbekistan+  61,203
 Costa Rica+  61,178
 Belarus+  60,725
 Serbia+  60,435
 Syria+  (2010) 60,043
 Panama+  59,377
 Slovenia+  59,132
 Uruguay+  55,459
 DR Congo+  55,088
 Turkmenistan+  54,218
 Azerbaijan+  49,914
 Jordan+  44,979
 Cameroon+  44,893
 Tunisia+  44,265
 Bolivia+  43,110
 Venezuela+  42,530
 Uganda+  41,271
 Macau+ [n 6] 39,449
 Paraguay+  37,836
 Latvia+  37,720
 Bahrain+  37,503
 Nepal+  36,084
 Sudan+  35,827
 Estonia+  35,187
 Senegal+  27,927
 Cambodia+  27,239
 Cyprus+  26,479
 El Salvador+  26,277
 Honduras+  26,161
 Zimbabwe+  26,085
 Yemen+  25,095
 Papua New Guinea+  24,536
 Libya+  24,267
 Iceland+  24,155
 Haiti+  22,431
 Trinidad and Tobago+  22,161
 Bosnia and Herzegovina+  21,953
 Laos+  20,440
 Afghanistan+  19,938
 Mali+  19,912
 Lebanon+  (2020) 19,126
 Zambia+  18,955
 Burkina Faso+  18,853
 Botswana+  18,726
 Gabon+  18,362
 Benin+  17,327
 Albania+  17,138
 Palestine+ [n 7] 16,481
 Malta+  16,476
 Guinea+  16,339
 Georgia+  16,163
 Niger+  15,899
 Brunei+  15,278
 Madagascar+  14,746
 Jamaica+  14,600
 Mongolia+  14,233
 Mozambique+  13,957
 North Macedonia+  13,821
 Chad+  12,531
 Nicaragua+  12,283
 Armenia+  12,251
 Mauritius+  12,212
 Congo+  12,022
 Moldova+ [n 8] 11,998
 Equatorial Guinea+  11,726
 Bahamas+  11,706
 Namibia+  11,381
 Rwanda+  10,633
 Malawi+  9,268
 Mauritania+  9,239
 Kosovo+  8,810
 Togo+  8,627
 Tajikistan+  7,825
 Kyrgyzstan+  7,470
 Guyana+  7,255
 Montenegro+  5,651
 Somalia+  5,367
 Barbados+  4,628
 Fiji+  4,586
 Maldives+  4,536
 South Sudan+  4,461
 Sierra Leone+  4,420
 Eswatini+  4,226
 Djibouti+  3,663
 Liberia+  3,370
 Burundi+  3,244
 Central African Republic+  2,718
 Aruba+  2,582
 Bhutan+  2,480
 Suriname+  2,465
 Lesotho+  2,458
 Eritrea+  2,250
 Gambia+  2,078
 Cape Verde+  2,003
 Saint Lucia+  1,787
 East Timor+  1,726
 Belize+  1,700
 San Marino+  1,688
 Guinea-Bissau+  1,647
 Solomon Islands+  1,644
 Antigua and Barbuda+  1,376
 Comoros+  1,309
 Grenada+  1,041
 Seychelles+  948
 Vanuatu+  912
 Saint Kitts and Nevis+  831
 Saint Vincent and the Grenadines+  798
 Western Samoa+  752
 Dominica+  523
 Tonga+  508
 São Tomé and Príncipe+  485
 Micronesia+  401
 Marshall Islands+  234
 Kiribati+  231
 Palau+  229
 Nauru+  133
 Tuvalu+  57
Country/Territory GDP
(US$ M)
 World 87,813,420
 United States+  21,433,226
 China+ [n 9] 14,342,903
 Japan+  5,081,770
 Germany+  3,861,124
 India+  2,868,929
 United Kingdom+  2,829,108
 France+  2,715,518
 Italy+  2,003,576
 Brazil+  1,839,758
 Canada+  1,736,426
 Russia+  1,699,877
 South Korea+  1,646,739
 Australia+  1,396,567
 Spain+  1,393,491
 Mexico+  1,268,871
 Indonesia+  1,119,191
 Netherlands+  907,051
 Saudi Arabia+  792,967
 Turkey+  761,425
 Switzerland+  703,082
 Poland+  595,858
 Taiwan+  (2017) 574,905
 Thailand+  543,549
 Belgium+  533,097
 Sweden+  530,884
 Nigeria+  448,120
 Argentina+  445,445
 Austria+  445,075
 Iran+  (2017) 445,345
 United Arab Emirates+  421,142
 Norway+  403,336
 Israel+  394,652
 Ireland+  388,699
 Philippines+  376,796
 Singapore+  372,063
 Hong Kong+  (PRC) 365,712
 Malaysia+  364,681
 South Africa+  351,432
 Denmark+  350,104
 Colombia+  323,616
 Bangladesh+  317,465
 Egypt+  303,092
 Pakistan+  296,000
 Chile+  282,318
 Finland+  269,296
 Vietnam+  261,921
 Czech Republic+  250,681
 Romania+  250,077
 Portugal+  238,785
 Iraq+  234,094
 Peru+  226,848
 Greece+  209,853
 New Zealand+  206,929
 Kazakhstan+  181,666
 Qatar+  175,838
 Algeria+  171,091
 Hungary+  163,469
 Ukraine+  [n 5] 153,781
 Kuwait+  134,629
 Morocco+ [n 10] 119,700
 Ecuador+  107,436
 Slovakia+  105,080
 Cuba+  (2018) 100,023
 Ethiopia+  95,913
 Kenya+  95,503
 Dominican Republic+  88,941
 Angola+  88,816
 Sri Lanka+  84,009
 Guatemala+  76,710
 Oman+  76,332
 Myanmar+  76,086
 Luxembourg+  71,105
 Bulgaria+  68,559
 Ghana+  66,984
 Panama+  66,801
 Tanzania+ [n 11] 63,177
 Belarus+  63,080
 Costa Rica+  61,801
 Croatia+  60,753
 Ivory Coast+  58,539
 Uzbekistan+  57,921
 Uruguay+  56,046
 Lithuania+  54,627
 Slovenia+  54,174
 Macau+  (PRC) 53,859
 Libya+  52,091
 Lebanon+  51,992
 Serbia+  51,475
 DR Congo+  50,401
 Azerbaijan+  48,048
 Jordan+  44,503
 Bolivia+  40,895
 Turkmenistan+  (2018) 40,761
 Cameroon+  39,007
 Tunisia+  38,797
 Bahrain+  38,574
 Paraguay+  38,145
 Uganda+  35,165
 Latvia+  34,103
 Estonia+  31,471
 Nepal+  30,641
 Sudan+  30,513
 Cambodia+  27,089
 El Salvador+  27,023
 Honduras+  25,095
 Cyprus+ [n 12] 24,949
 Papua New Guinea+  24,829
 Trinidad and Tobago+  24,270
 Iceland+  24,188
 Senegal+  23,578
 Zambia+  23,310
 Zimbabwe+  21,441
 Bosnia and Herzegovina+  20,164
 Afghanistan+  19,291
 Botswana+  18,340
 Laos+  18,174
 Georgia+ [n 13] 17,477
 Mali+  17,280
 Gabon+  16,874
 Jamaica+  16,458
 Burkina Faso+  15,991
 Mozambique+  15,291
 Albania+  15,279
 Malta+  14,989
 Palestine+  (2018)[n 7] 14,616
 Benin+  14,391
 Haiti+  14,332
 Madagascar+  14,115
 Mauritius+  14,048
 Mongolia+  13,997
 Armenia+  13,673
 Bahamas+  13,579
 Brunei+  13,469
 Niger+  12,912
 North Macedonia+  12,547
 Nicaragua+  12,521
 Namibia+  12,367
 Guinea+  12,297
 Congo+  12,267
 Moldova+ [n 8] 11,969
 Chad+  11,315
 Equatorial Guinea+  11,027
 Rwanda+  10,354
 Kyrgyzstan+  8,455
 Tajikistan+  8,117
 Kosovo+  7,926
 Malawi+  7,667
 Mauritania+  7,601
 Maldives+  5,642
 Montenegro+  5,543
 Fiji+  5,496
 Togo+  5,490
 Barbados+  5,209
 Guyana+  5,174
 Eswatini+  4,472
 Sierra Leone+  4,122
 Suriname+  3,697
 Djibouti+  3,325
 Andorra+  3,154
 Liberia+  3,071
 Burundi+  3,012
 Bhutan+  2,531
 Lesotho+  2,376
 Central African Republic+  2,220
 Saint Lucia+  2,122
 East Timor+  2,018
 Cape Verde+  1,982
 Belize+  1,880
 Gambia+  1,826
 Seychelles+  1,703
 Antigua and Barbuda+  1,662
 San Marino+  (2018) 1,638
 Solomon Islands+  1,590
 Guinea-Bissau+  1,339
 Grenada+  1,211
 Comoros+  1,166
 Saint Kitts and Nevis+  1,053
 Vanuatu+  934
 Samoa+  852
 Saint Vincent and the Grenadines+  825
 Dominica+  582
 Tonga+  512
 São Tomé and Príncipe+  419
 Micronesia+  (2018) 402
 Palau+  268
 Marshall Islands+  (2018) 221
 Kiribati+  195
 Nauru+  118
 Tuvalu+  47
Country/Territory GDP
(US$ M)
 World[16] 87,461,674
 United States+  21,433,226
 China+ [n 9] 14,342,933
 Japan+  5,082,465
 Germany+  3,861,123
 India+  2,891,582
 United Kingdom+  2,826,441
 France+  2,715,518
 Italy+  2,003,576
 Brazil+  1,847,795
 Canada+  1,741,496
 Russia+  1,692,930
 South Korea+  1,646,539
 Spain+  1,393,490
 Australia+  1,380,207
 Mexico+  1,256,440
 Indonesia+  1,119,190
 Netherlands+  907,050
 Saudi Arabia+  792,966
 Turkey+  761,425
 Switzerland+  731,425
 Iran+  603,779
 Poland+  595,862
 Thailand+  542,016
 Belgium+  533,097
 Sweden+  530,883
 Nigeria+  474,516
 Argentina+  449,663
 Austria+  445,075
 United Arab Emirates+  421,142
 Norway+  403,336
 Ireland+  398,590
 Israel+  395,098
 Singapore+  372,073
 Hong Kong+  (PRC) 365,710
 Malaysia+  364,684
 Philippines+  359,354
 South Africa+  351,430
 Denmark+  350,104
 Colombia+  323,802
 Bangladesh+  317,465
 Egypt+  317,359
 Chile+  282,318
 Finland+  269,296
 Pakistan+  263,000
 Vietnam+  261,921
 Czech Republic+  250,680
 Romania+  250,075
 Portugal+  238,785
 Peru+  226,850
 Iraq+  225,232
 New Zealand+  206,936
 Greece+  205,326
 Qatar+  183,466
 Kazakhstan+  181,667
 Algeria+  171,157
 Hungary+  163,469
 Ukraine+ [n 5] 153,781
 Venezuela+  134,960
 Kuwait+  134,623
 Morocco+  119,700
 Ecuador+  107,435
 Cuba+  105,354
 Slovakia+  105,079
 Puerto Rico+  (United States) 104,988
 Kenya+  95,501
 Ethiopia+  92,750
 Dominican Republic+  88,941
 Angola+  85,000
 Sri Lanka+  84,008
 Myanmar+  76,784
 Guatemala+  76,710
 Oman+  76,331
 Luxembourg+  71,104
 Bulgaria+  67,925
 Ghana+  66,999
 Panama+  66,787
 Belarus+  63,080
 Costa Rica+  61,773
 Tanzania+  61,136
 Croatia+  60,415
 Ivory Coast+  58,539
 Lebanon+  56,409
 Uruguay+  56,045
 Uzbekistan+  57,921
 Lithuania+  54,627
 Slovenia+  54,174
 Macau+  (PRC) 53,859
 Serbia+  51,475
 Turkmenistan+  48,276
 Azerbaijan+  48,047
 DR Congo+  47,319
 Jordan+  44,502
 Bolivia+  40,895
 Cameroon+  38,861
 Tunisia+  38,797
 Bahrain+  38,574
 Paraguay+  38,086
 Sudan+  34,895
 Latvia+  34,102
 Uganda+  32,609
 Libya+  32,600
 Estonia+  31,471
 Nepal+  30,714
 Cambodia+  27,097
 El Salvador+  27,022
 Honduras+  25,095
 Papua New Guinea+  24,969
 Yemen+  24,935
 Cyprus+  24,565
 Iceland+  24,188
 Senegal+  23,664
 Trinidad and Tobago+  23,208
 Zambia+  23,085
 Zimbabwe+  21,440
 Syria+  20,379
 Bosnia and Herzegovina+  20,164
 Laos+  18,822
 Botswana+  18,340
 Afghanistan+  17,876
 Georgia+  17,742
 Mali+  17,432
 Palestine+  17,058
 Gabon+  16,887
 North Korea+  16,331
 Burkina Faso+  15,990
 Jamaica+  15,830
 Mozambique+  15,296
 Albania+  15,278
 Malta+  14,863
 Benin+  14,403
 Mauritius+  14,180
 Madagascar+  14,104
 Mongolia+  13,852
 Armenia+  13,672
 Bahamas+  13,578
 Brunei+  13,469
 Niger+  12,927
 North Macedonia+  12,694
 Nicaragua+  12,520
 Congo+  12,397
 Namibia+  12,366
 Guinea+  12,354
 Moldova+  11,955
 Chad+  11,271
 Equatorial Guinea+  11,024
 Rwanda+  10,355
 New Caledonia  (France) 9,879
 Kyrgyzstan+  8,454
 Tajikistan+  8,333
 Malawi+  8,099
 Haiti+  8,051
 Kosovo+  7,952
 Mauritania+  7,593
 Monaco+  7,423
 Bermuda+  (UK) 7,361
 Togo+  7,270
 Liechtenstein+  6,797
 French Polynesia+  (France) 6,023
 Cayman Islands+  (UK) 6,020
 Maldives+  5,642
 Montenegro+  5,542
 Fiji+  5,504
 Barbados+  5,209
 Guyana+  5,173
 South Sudan+  4,959
 Eswatini+  4,594
 Sierra Leone+  4,121
 Suriname+  3,697
 Aruba+  (Netherlands) 3,293
 Djibouti+  3,166
 Andorra+  3,154
 Curaçao+  (Netherlands) 3,101
 Greenland+  (Denmark) 3,023
 Burundi+  3,002
 Liberia+  2,582
 Bhutan+  2,564
 Lesotho+  2,460
 Central African Republic+  2,220
 Saint Lucia+  2,122
 East Timor+  2,017
 Eritrea+  1,981
 Cape Verde+  1,981
 Belize+  1,906
 Gambia+  1,822
 Zanzibar  (Tanzania) 1,805
 Seychelles+  1,698
 Antigua and Barbuda+  1,661
 Somalia+  1,626
 San Marino+  1,602
 Guinea-Bissau+  1,322
 Solomon Islands+  1,302
 British Virgin Islands+  (UK) 1,296
 Grenada+  1,211
 Turks and Caicos Islands  (UK) 1,197
 Comoros+  1,165
 Saint Kitts and Nevis+  1,050
 Sint Maarten+  (Netherlands) 1,009
 Vanuatu+  906
 Samoa+  844
 Saint Vincent and the Grenadines+  825
 Dominica+  582
 Tonga+  508
 São Tomé and Príncipe+  421
 Micronesia+  414
 Cook Islands+  (New Zealand) 379
 Anguilla+  (UK) 379
 Palau+  280
 Marshall Islands+  237
 Kiribati+  194
 Nauru+  132
 Montserrat+  (UK) 67
 Tuvalu+  47

See also

Notes

  1. ^ Based on IMF data. If no data is available for a country from the IMF, then data from the United Nations is used.
  2. ^ Figures exclude Taiwan, and special administrative regions of Hong Kong and Macau.
  3. ^ The name used in IMF's report is "Taiwan Province of China".
  4. ^ The name used in IMF's report is "Hong Kong SAR".
  5. ^ a b c Figures exclude Republic of Crimea and Sevastopol.
  6. ^ The name used in IMF's report is "Macao SAR".
  7. ^ a b The name used in IMF's an the World Bank's report is "West Bank and Gaza".
  8. ^ a b Excludes data for Transnistria.
  9. ^ a b Figures exclude special administrative regions of Hong Kong and Macau.
  10. ^ Includes Western Sahara.
  11. ^ Covers mainland Tanzania only.
  12. ^ Data are for the area controlled by the Government of the Republic of Cyprus.
  13. ^ Excludes Abkhazia and South Ossetia.

References

  1. ^ a b c "World Economic Outlook Database, April 2021". IMF.org. International Monetary Fund. April 2021. Retrieved 2021.
  2. ^ "What is GDP and why is it so important?". Investopedia. IAC/InterActiveCorp. 26 February 2009. Retrieved 2016.
  3. ^ Moffatt, Mike. "A Beginner's Guide to Purchasing Power Parity Theory". About.com. IAC/InterActiveCorp. Retrieved 2014.
  4. ^ Ito, Takatoshi; Isard, Peter; Symansky, Steven (January 1999). "Economic Growth and Real Exchange Rate: An Overview of the Balassa-Samuelson Hypothesis in Asia" (PDF). Changes in Exchange Rates in Rapidly Development Countries: Theory, Practice, and Policy Issues. National Bureau of Economic Research. Retrieved 2016.
  5. ^ Callen, Tim (28 March 2012). "Purchasing Power Parity: Weights Matter". Finance & Development. International Monetary Fund. Retrieved 2014.
  6. ^ Callen, Tim (28 March 2012). "Gross Domestic Product: An Economy's All". Finance & Development. International Monetary Fund. Retrieved 2014.
  7. ^ Matthews, Chris (5 October 2014). "5 Most Powerful Economic Empires of All Time". Fortune. Time, Inc. Retrieved 2016.
  8. ^ a b Kroeber, Arthur R. (2016). China's Economy: What Everyone Needs to Know. New York, United States: Oxford University Press. ISBN 9780190239053.
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List_of_countries_by_GDP_(nominal)
 



 



 
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