List of countries by GDP (nominal)

Wikimedia list article
For countries by purchasing power parity GDP, see List of countries by GDP (PPP).
Largest economies by nominal GDP in 2017.
According to International Monetary Fund estimates.[1][2][3]
A pie chart displaying the world's seven largest economies—the United States, the European Union, China, Japan, India, Brazil, and Canada.
The United States, the world's largest economy, accounts for approximately 25 percent of Nominal world GDP, and the seven largest economies, including the European Union, account for 75 percent of the total.

Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year.[4] 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.[5] 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.[6]

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, and it also requires more estimation than nominal GDP.[7] On the whole, PPP per capita figures are less spread than nominal GDP per capita figures.[8]

The United States is the world's largest economy with a GDP of approximately $18.56 trillion, notably due to high average incomes, a large population,[9] capital investment, moderate unemployment,[10] high consumer spending,[11] a relatively young population,[12] and technological innovation.[13] Tuvalu is the world's smallest national economy with a GDP of about $32 million because of its very small population, a lack of natural resources, reliance on foreign aid, negligible capital investment, demographic problems, and low average incomes.[14]

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.[15][16] Since China's transition to a market-based economy through privatisation and deregulation,[17][18] the country has seen its ranking increase from ninth in 1978 to second to only the United States in 2016 as economic growth accelerated and its share of global nominal GDP surged from 2% in 1980 to 15% in 2016.[16][19] India has also experienced a similar economic boom since the implementation of neoliberal reforms in the early 1990s.[20] When supranational entities are included, the European Union is the second largest economy in the world. It was the largest from 2004, when ten countries joined the union,[21] to 2014, after which it was surpassed by the United States.[22]

The first list largely includes data compiled by the International Monetary Fund's World Economic Outlook for 2016, the second list shows the World Bank's 2015 estimates, the third list includes data compiled by the United Nations Statistics Division for 2013, and the fourth list includes mostly 2015 estimates from The World Factbook by the Central Intelligence Agency. Several economies which are not considered to be countries (the world, the European Union, and some dependent territories) are included in the lists because they appear in the sources as distinct economies. These economies are italicized and not ranked in the charts, but are listed where applicable.

Contents

Lists

Per the International Monetary Fund (Estimates for 2016)[19] Per the World Bank (2015)[23] Per the United Nations (2015)[24]
Rank Country GDP
(millions of US$)
 World[22] 75,212,696
1   United States 18,561,934
  European Union[n 1][22] 17,110,523
2   China[n 2] 11,391,619
3   Japan 4,730,300
4   Germany 3,494,900
5   United Kingdom 2,649,893
6   France 2,488,280
7   India 2,250,990
8   Italy 1,852,500
9   Brazil 1,769,601
10   Canada 1,532,343
11   South Korea 1,404,380
12   Russia[n 3] 1,267,750
13   Australia 1,256,640
14   Spain 1,252,160
15   Mexico 1,063,610
16   Indonesia 940,953
17   Netherlands 769,930
18   Turkey 755,716
19    Switzerland 662,483
20   Saudi Arabia 637,785
21   Argentina 541,748
22   Taiwan 519,149
23   Sweden 517,440
24   Belgium 470,179
25   Poland 467,350
26   Nigeria 415,080
27   Iran 412,304
28   Thailand 390,592
29   Austria 387,299
30   Norway 376,268
31   United Arab Emirates 375,022
32   Venezuela 333,715
33   Egypt 330,159[n 4]
34   Hong Kong 316,070
35   Israel 311,739
36   Philippines 311,687
37   Ireland 307,917
38   Malaysia 302,748
39   Denmark 302,571
40   Singapore 296,642
41   South Africa 280,367
42   Colombia 274,135
43   Pakistan 271,050[n 5]
44   Finland 239,186
45   Chile 234,903
46   Bangladesh 226,760
47   Portugal 205,860
48   Vietnam 200,493
49   Greece 195,878
50   Czech Republic 193,535
51   Romania 186,514
52   Peru 180,291
53   New Zealand 179,359
54   Algeria 168,318
55   Qatar 156,595
56   Iraq 156,323
57   Kazakhstan 128,109
58   Hungary 117,065
59   Kuwait 110,455
60   Morocco 108,908
61   Puerto Rico 100,852
62   Ecuador 99,118
63   Sudan 94,297
64   Angola 91,939
65   Slovakia 90,263
66   Ukraine 87,198
67   Sri Lanka 82,239
68   Syria[n 6] 77,460
69   Dominican Republic 71,457
70   Ethiopia 69,218
71   Kenya 69,170
72   Guatemala 68,389
73   Myanmar 68,277
74   Uzbekistan 66,797
75   Luxembourg 60,984
76   Oman 59,675
77   Costa Rica 57,689
78   Panama 55,227
79   Uruguay 54,374
80   Lebanon 51,815
81   Bulgaria 50,446
82   Croatia 49,855
83   Belarus 48,126
84   Tanzania 46,695
85   Slovenia 44,122
86   Macau 44,066
87   Lithuania 42,776
88   Ghana 42,761
89   Tunisia 42,388
90   Democratic Republic of the Congo 39,820
91   Jordan 39,453
92   Libya 39,389
93   Serbia 37,755
94   Turkmenistan 36,573
95   Bolivia 35,699
96   Azerbaijan 35,686
97   Côte d'Ivoire 34,649
98   Bahrain 31,823
99   Yemen 31,326
100   Cameroon 30,870
101   Latvia 27,945
102   Paraguay 27,323
103   El Salvador 26,610
104   Uganda 25,613
105   Estonia 23,476
106   Trinidad and Tobago 22,809
107     Nepal 21,154
108   Honduras 20,930
109   Zambia 20,574
110   Cyprus 19,931
111   Papua New Guinea 19,915
112   Iceland 19,444
113   Cambodia 19,368
114   Afghanistan 18,395
115   Bosnia and Herzegovina 16,532
116   Senegal 14,870
117   Gabon 14,563
118   Georgia 14,463
119   Zimbabwe 14,193
120   Mali 14,103
121   Jamaica 13,779
122   Laos 13,761
123   Nicaragua 13,413
124   Albania 12,144
125   Mozambique 12,045
126   Burkina Faso 12,006
127   Mauritius 11,740
128   Equatorial Guinea 11,638
129   Mongolia 11,164
130   Botswana 10,948
131   Armenia 10,754
132   Macedonia 10,492
133   Malta 10,463
134   Brunei 10,458
135   Chad 10,441
136   Namibia 10,183
137   Madagascar 9,740
138   Bahamas 9,047
139   Benin 8,930
140   Republic of Congo 8,834
141   Rwanda 8,341
142   Haiti 8,259
143   Niger 7,566
144   Guinea 6,754
145   Moldova 6,650
146   Tajikistan 6,612
147   Kosovo 6,560
148   Kyrgyzstan 5,794
149   Malawi 5,474
150   Eritrea 5,352
151   Mauritania 4,718
152   Fiji 4,556
153   Togo 4,520
154   Barbados 4,473
155   Sierra Leone 4,289
156   Montenegro 4,242
157   Suriname 4,137
158   Guyana 3,456
159   Swaziland 3,430
160   Maldives 3,270
161   Burundi 2,742
162   South Sudan 2,628
163   Timor-Leste 2,501
164   Liberia 2,168
165   Bhutan 2,085
166   Djibouti 1,894
167   Lesotho 1,806
168   Central African Republic 1,782
169   Belize 1,770
170   Cabo Verde 1,684
171   San Marino 1,556
172   St. Lucia 1,439
173   Seychelles 1,419
174   Antigua and Barbuda 1,303
175   Solomon Islands 1,218
176   Guinea-Bissau 1,168
177   Grenada 1,028
178   St. Kitts and Nevis 955
179   The Gambia 886
180   Samoa 876
181   Vanuatu 773
182   St. Vincent and the Grenadines 766
183   Comoros 622
184   Dominica 524
185   Tonga 430
186   São Tomé and Príncipe 351
187   Federated States of Micronesia 325
188   Palau 296
189   Marshall Islands 188
190   Kiribati 166
191   Tuvalu 32
Rank Country GDP
(millions of US$)
 World 73,891,889
1   United States 18,036,648
  European Union[n 1][25] 16,229,464
2   China[n 7] 11,007,721
3   Japan 4,123,258
4   Germany 3,363,447
5   United Kingdom 2,858,003
6   France 2,418,836
7   India 2,095,398
8   Italy 1,821,497
9   Brazil 1,774,725
10   Canada 1,550,537
11   South Korea 1,377,873
12   Australia 1,339,539
13   Russia[n 3] 1,326,015
14   Spain 1,199,057
15   Mexico 1,144,331
16   Indonesia 861,934
17   Netherlands 752,547
18   Turkey 718,221
19    Switzerland 664,738
20   Saudi Arabia 646,002
21   Argentina 548,055
22   Sweden 492,618
23   Nigeria 481,066
24   Poland 474,783
25   Belgium 454,039
26   Iran 425,326
27   Thailand 395,282
28   Norway 388,315
29   Austria 374,056
30   Venezuela 371,337
31   United Arab Emirates 370,293
32   Egypt 330,779
33   South Africa 312,798
34   Hong Kong 309,929
35   Malaysia 296,218
36   Israel 296,075
37   Denmark 295,164
38   Singapore 292,739
39   Colombia 292,080
40   Philippines 291,965
41   Pakistan 269,971
42   Chile 240,216
43   Ireland 238,020
44   Finland 229,810
45   Portugal 198,931
46   Greece 195,212
47   Bangladesh 195,079
48   Vietnam 193,599
49   Peru 192,084
50   Kazakhstan 184,361
51   Czech Republic 181,811
52   Romania 177,954
53   New Zealand 173,754
54   Iraq 168,607
55   Qatar 166,908
56   Algeria 166,839
57   Hungary 120,687
58   Kuwait 112,812
59   Puerto Rico 103,135
60   Angola 102,643
61   Ecuador 100,872
62   Morocco[n 8] 100,360
63   Ukraine 90,615
64   Slovakia 86,582
65   Sudan 84,067
66   Sri Lanka 82,316
67   Cuba (2013) 77,150
68   Oman 70,255
69   Dominican Republic 67,103
70   Uzbekistan 66,733
71   Myanmar 64,866
72   Guatemala 63,794
73   Kenya 63,398
74   Ethiopia 61,537
75   Luxembourg 57,794
76   Belarus 54,609
77   Uruguay 53,443
78   Azerbaijan 53,047
79   Panama 52,132
80   Costa Rica 51,107
81   Bulgaria 48,953
82   Croatia 48,732
83   Lebanon 47,103
84   Macau 46,178
85   Tanzania[n 9] 44,895
86   Tunisia 43,015
87   Slovenia 42,747
88   Lithuania 41,244
89   Ghana 37,864
90   Jordan 37,517
91   Turkmenistan 37,334
92   Serbia 36,513
93   Yemen 35,955
94   Democratic Republic of the Congo 35,238
95   Bolivia 33,197
96   Bahrain 32,221
97 Cote d'Ivoire  Côte d'Ivoire 31,753
98   Cameroon 29,198
99   Libya 29,153
100   Trinidad and Tobago 27,806
101   Paraguay 27,623
102   Latvia 27,035
103   Uganda 26,369
104   El Salvador 25,850
105   Estonia 22,691
106   Zambia 21,202
107     Nepal 20,881
108   Honduras 20,152
109   Cyprus[n 10] 19,320
110   Afghanistan 19,199
111   Bosnia and Herzegovina 18,521
112   Gabon 18,180
113   Brunei 17,105
114   Iceland 17,036
115   Papua New Guinea 16,929
116   Cambodia 16,778
117   Georgia[n 11] 16,530
118   Mozambique 15,938
119   Botswana 15,813
120   Senegal 15,658
121   Equatorial Guinea 15,530
122   Zimbabwe 14,197
123   Republic of the Congo 14,177
124   Chad 13,922
125   Jamaica 13,891
126   South Sudan 13,282
127   Albania 13,212
128   Namibia 12,995
129   Mauritius 12,630
130   Burkina Faso 12,542
131   Mali 12,037
132   Mongolia 12,016
133   Laos 11,997
134   Nicaragua 11,806
135   Armenia 11,644
136   Macedonia 11,324
137   Madagascar 10,593
138   Malta 9,643
139   Benin 9,575
140   Tajikistan 9,242
141   Haiti 8,713
142   The Bahamas 8,511
143   Niger 8,169
144   Moldova[n 12] 7,962
145   Rwanda 7,890
146   Kyrgyzstan 7,404
147   Kosovo 7,387
148   Guinea 6,624
149   Somalia 5,707
150   Bermuda 5,574
151   Liechtenstein 5,488
152   Suriname 5,210
153   Mauritania 5,061
154   Sierra Leone 4,838
155   Montenegro 4,588
156   Fiji 4,532
157   Togo 4,518
158   Swaziland 4,413
159   Barbados 4,355
160   Malawi 4,258
161   Andorra 3,249
162   Guyana 3,097
163   Burundi 3,094
164   Maldives 3,062
165   Faroe Islands 2,613
166   Greenland 2,441
167   Lesotho 2,181
168   Liberia 2,013
169   Bhutan 1,959
170   Cape Verde 1,871
171   Central African Republic 1,723
172   Belize 1,699
173   Djibouti 1,589
174   Seychelles 1,423
175   Timor-Leste 1,417
176   Saint Lucia 1,404
177   Antigua and Barbuda 1,221
178   Solomon Islands 1,158
179   Guinea-Bissau 1,209
180   The Gambia 851
181   Grenada 884
182   Saint Kitts and Nevis 852
183   Vanuatu 815
184   Samoa 800
185   Saint Vincent and the Grenadines 729
186   Comoros 624
187   Dominica 524
188   Tonga 434
189 Sao Tome and Principe  São Tomé and Príncipe 337
190   Federated States of Micronesia 318
191   Palau 251
192   Marshall Islands 187
193   Kiribati 167
194   Tuvalu 38
Rank Country GDP
(millions of US$)
 World[26] 74,196,404
  European Union[n 1][27] 18,518,430
1   United States 18,036,648
2   China[n 7] 11,158,457
3   Japan 4,383,076
4   Germany 3,363,600
5   United Kingdom 2,858,003
6   France 2,418,945
7   India 2,116,239
8   Italy 1,821,580
9   Brazil 1,772,591
10   Canada 1,552,807
11   South Korea 1,377,873
12   Russia[n 3] 1,326,016
13   Australia 1,230,859
14   Spain 1,192,955
15   Mexico 1,140,724
16   Indonesia 861,933
17   Netherlands 750,318
18   Turkey 717,887
19    Switzerland 670,789
20   Saudi Arabia 653,219
21   Sweden 571,090
22   Nigeria 568,499
23   Poland 544,959
24   Argentina 543,490
25   Belgium 531,547
26   Venezuela 509,968
27   Norway 500,519
28   Austria 436,888
29   Iran 425,326
30   Thailand 404,824
31   United Arab Emirates 399,451
32   Colombia 377,740
33   South Africa 349,819
34   Denmark 346,119
35   Malaysia 326,933
36   Singapore 307,872
37   Israel 305,673
38   Philippines 290,896
39   Egypt 282,242
40   Hong Kong 274,027
41   Finland 272,217
42   Chile 258,062
43   Pakistan 251,255
44   Ireland 250,814
45   Greece 235,574
46   Portugal 230,117
47   Iraq 225,422
48   Kazakhstan 216,036
49   Algeria 213,518
50   Qatar 211,817
51   Czech Republic 205,270
52   Peru 201,809
53   Romania 199,045
54   New Zealand 198,652
55   Vietnam 186,205
56   Bangladesh 173,062
57   Kuwait 163,637
58   Angola 146,676
59   Hungary 138,347
60   Ukraine 131,806
61   Morocco 110,009
62   Puerto Rico 103,676
63   Ecuador 100,917
64   Slovakia 100,249
65   Cuba 87,205
66   Sudan 81,894
67   Oman 81,797
68   Belarus 76,139
69   Azerbaijan 75,193
70   Sri Lanka 74,941
71   Myanmar 66,478
72   Luxembourg 64,874
73   Dominican Republic 63,969
74   Uzbekistan 63,030
75   Kenya 60,936
76   Guatemala 58,827
77   Uruguay 57,471
78   Croatia 57,137
79   Bulgaria 56,718
80   Macau 55,502
81   Ethiopia 53,638
82   Lebanon 49,631
83   Costa Rica 49,553
84   Slovenia 49,491
85   Panama 49,166
86   Lithuania 48,392
87   Tanzania 48,030
88   Turkmenistan 47,932
89   Tunisia 47,423
90   Serbia 43,866
91   Libya 41,319
92   Ghana 37,177
93   Yemen 37,131
94   Democratic Republic of the Congo 35,909
95   Jordan 35,827
96 Cote d'Ivoire  Côte d'Ivoire 34,254
97   Bahrain 33,850
98   Bolivia 32,996
99   Cameroon 32,051
100   Latvia 31,286
101   Paraguay 30,985
102   Trinidad and Tobago 28,069
103   Uganda 27,465
104   Zambia 26,963
105   Estonia 26,485
106   El Salvador 25,164
107   Cyprus 23,077
108   Afghanistan 21,122
109   Honduras 19,497
110     Nepal 19,489
111   Bosnia and Herzegovina 18,491
112   Gabon 17,412
113   North Korea 17,396
114   Brunei 17,104
115   Mozambique 17,081
116   Iceland 17,036
117   Cambodia 16,778
118   Equatorial Guinea 16,731
119   Papua New Guinea 16,576
120   Georgia 16,530
121   Botswana 15,813
122   Senegal 15,658
123   Zimbabwe 14,719
124   Congo, Republic of the 14,077
125   Jamaica 13,927
126   Namibia 13,429
127   Albania 13,413
128   Chad 12,791
129   Arab Palestinian areas 12,766
130   Burkina Faso 12,756
131   Mauritius 12,616
132   Mongolia 12,067
133   Mali 11,979
134   Nicaragua 11,806
135   Laos 11,749
136   Macedonia 11,319
137   South Sudan 11,007
138   Armenia 10,889
139   Madagascar 10,674
140   Malta 10,536
141   New Caledonia 10,234
142   Benin 9,575
143   Tajikistan 9,242
144   Haiti 8,599
145   The Bahamas 8,510
146   Niger 8,169
147   Moldova 7,944
148   Rwanda 7,903
149   Kyrgyzstan 7,404
150   Kosovo 7,387
151   Monaco 7,060
152   Guinea 6,579
153   Liechtenstein 5,855
154   Malawi 5,720
155   French Polynesia 5,623
156   Bermuda 5,601
157   Suriname 5,210
158   Mauritania 5,092
159   Timor-Leste 4,970
160   Sierra Leone 4,893
161   Montenegro 4,588
162   Togo 4,576
163   Fiji 4,532
164   Swaziland 4,482
165   Barbados 4,353
166   Eritrea 3,858
167   Cayman Islands 3,480
168   Andorra 3,278
169   Curaçao 3,159
170   Guyana 3,086
171   Maldives 3,032
172   Burundi 2,869
173   Aruba 2,664
174   Greenland 2,441
175   Liberia 2,122
176   Lesotho 2,081
177   Bhutan 1,965
178   Cape Verde 1,855
179   San Marino 1,845
180   Central African Republic 1,838
181   Belize 1,699
182   Djibouti 1,589
183   Seychelles 1,511
184   Saint Lucia 1,406
185   Somalia 1,375
186   Zanzibar 1,289
187   Antigua and Barbuda 1,248
188   Guinea-Bissau 1,209
189   Solomon Islands 1,103
190   Sint Maarten 1,059
191   British Virgin Islands 902
192   Grenada 884
193   Saint Kitts and Nevis 852
194   The Gambia 851
195   Samoa 824
196   Vanuatu 812
197   Turks and Caicos Islands 797
198   Saint Vincent and the Grenadines 729
199   Comoros 648
200   Dominica 533
201   Tonga 435
202 Sao Tome and Principe  São Tomé and Príncipe 337
203   Federated States of Micronesia 308
204   Cook Islands 311
205   Anguilla 311
206   Palau 234
207   Marshall Islands 209
208   Nauru 182
209   Kiribati 180
210   Montserrat 63
211   Tuvalu 38

See also

Notes

  1. ^ a b c The European Union (EU) is an economic and political union of 28 member states that are located primarily in Europe.
  2. ^ Figures exclude Taiwan, and special administrative regions of Hong Kong and Macau.
  3. ^ a b c Figures exclude Republic of Crimea and Sevastopol.
  4. ^ Data for Egypt's GDP is of 2015, the latest available from the IMF.
  5. ^ Data for Pakistan's GDP is of 2015, the latest available from the IMF.
  6. ^ Data for Syria's 2014 GDP is from the September 2011 WEO Database, the latest available from the IMF.
  7. ^ a b Figures exclude special administrative regions of Hong Kong and Macau.
  8. ^ Includes Former Spanish Sahara.
  9. ^ Covers mainland Tanzania only.
  10. ^ Data are for the area controlled by the Government of the Republic of Cyprus.
  11. ^ Excludes Abkhazia and South Ossetia.
  12. ^ Excludes data for Transnistria.

References

  1. ^ [1]
  2. ^ http://www.imf.org/external/pubs/ft/weo/2015/02/weodata/weorept.aspx?pr.x=70&pr.y=3&sy=2017&ey=2017&scsm=1&ssd=1&sort=country&ds=.&br=1&c=924%2C534%2C158%2C111&s=NGDPD&grp=0&a=
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