List of countries by largest historical GDP

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This list of countries by largest historical GDP shows how the membership and rankings of the world's ten largest economies has changed. While the United States has consistently had the world's largest economy since the late nineteenth century, and by a margin that has generally widened over time, in the last fifty years the world has seen the rapid rise and fall in relative terms of the economies of other countries.

Overview of the ten largest economies

By average values of GDP (nominal)

The ten largest economies by average values of GDP (nominal) by every half decade from the available data in IMF, World Bank, and United Nations lists (in USD billions)[1][2][3][4]
Year 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th
2020 (IMF Forecast)   United States
22,300.105
  China
17,100.063
  Japan
4,746.880
  Germany
4,004.936
  United Kingdom
3,851.983
  France
3,443.596
  India
2,940.194
  Italy
2,143.801
  Brazil
2,054.407
  Canada
1,958.153
2015 (IMF Forecast)   United States
18,124.195
  China
11,384.763
  Japan
4,116.242
  Germany
3,371.003
  United Kingdom
2,864.903
  France
2,422.649
  India
2,182.577
  Italy
1,819.047
  Brazil
1,799.612
  Canada
1,572.781
2010   United States
14,964.400
  China
5,943.312
  Japan
5,495.387
  Germany
3,378.206
  France
2,648.482
  United Kingdom
2,370.933
  Brazil
2,143.003
  Italy
2,104.143
  India
1,707.265
  Canada
1,614.072
2005   United States
13,094.267
  Japan
4,571.867
  Germany
2,798.290
  United Kingdom
2,352.553
  China
2,277.133
  France
2,182.543
  Italy
1,809.706
  Canada
1,164.179
  Spain
1,140.270
  South Korea
898.137
2000   United States
10,286.417
  Japan
4,731.199
  Germany
1,908.514
  United Kingdom
1,512.943
  France
1,355.741
  China
1,194.722
  Italy
1,117.824
  Canada
739.453
  Mexico
683.650
  Brazil
644.722
1995   United States
7,664.050
  Japan
5,333.926
  Germany
2,546.070
  France
1,597.597
  United Kingdom
1,199.107
  Italy
1,145.127
  Brazil
769.215
  China
747.311
  Spain
602.212
  Canada
602.009
1990   United States
5,979.592
  Japan
3,103.698
  Soviet Union   West Germany
1,675.480
  France
1,265.998
  Italy
1,152.047
  United Kingdom
1,036.865
  Canada
592.885
  Spain
525.485
  Brazil
443.032
1985   United States
4,346.717
  Soviet Union   Japan
1,384.532
  West Germany
692.777
  France
552.774
  United Kingdom
473.016
  Italy
444.203
  Canada
362.961
  China
309.510
  India
233.556
1980   United States
2,862.492
  Soviet Union   Japan
1,086.988
  West Germany
897.496
  France
699.450
  United Kingdom
550.490
  Italy
468.569
  Canada
273.722
  China
268.327
  Mexico
229.512
1975   United States
1,688.900
  Soviet Union
686.000
  Japan
512.861
  West Germany
474.790
  France
355.608
  United Kingdom
236.414
  Italy
219.392
  Canada
173.487
  China
160.751
  Brazil
115.880
1970   United States
1,075.900
  Soviet Union
433.400
  Japan
209.071
  West Germany
208.868
  France
146.438
  United Kingdom
124.800
  Italy
109.257
  China
91.273
  Canada
87.734
  India
62.494
1965   United States
712.082
  Soviet Union   West Germany   France
102.161
  United Kingdom
100.596
  Japan
90.950
  China
69.709
  Italy
67.978
  India
60.599
  Canada
53.910
1960   United States
520.531
  Soviet Union   West Germany   United Kingdom
72.328
  France
61.552
  China
61.378
  Japan
44.307
  Canada
41.093
  Italy
40.385
  India
36.604

By average values of GDP (PPP)

The ten largest economies by average values of GDP (PPP) by every half decade from the available data in IMF and World Bank lists (in USD billions)[5][6][7]
Year 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th
2020 (IMF Forecast)   China
28,920.974
  United States
22,294.105
  India
12,706.008
  Japan
5,512.220
  Germany
4,514.086
  Indonesia
4,103.298
  Russia
3,998.149
  Brazil
3,827.634
  United Kingdom
3,250.591
  France
3,159.798
2015 (IMF Forecast)   China
19,509.983
  United States
17,968.195
  India
8,027.031
  Japan
4,842.395
  Germany
3,842.004
  Russia
3,473.780
  Brazil
3,207.861
  Indonesia
2,838.643
  United Kingdom
2,659.728
  France
2,646.948
2010   United States
14,964.400
  China
12,091.693
  India
5,478.697
  Japan
4,319.827
  Germany
3,205.575
  Russia
2,977.897
  Brazil
2,685.969
  France
2,336.364
  United Kingdom
2,193.949
  Italy
2,031.798
2005   United States
13,093.700
  China
6,459.365
  Japan
3,874.042
  India
3,339.548
  Germany
2,677.620
  Russia
2,005.385
  United Kingdom
1,996.045
  France
1,982.855
  Brazil
1,963.323
  Italy
1,782.702
2000   United States
10,284.775
  China
3,610.254
  Japan
3,263.238
  Germany
2,264.651
  India
2,147.725
  France
1,630.931
  Italy
1,541.779
  United Kingdom
1,538.921
  Brazil
1,523.544
  Russia
1,265.558
1995   United States
7,664.075
  Japan
2,866.925
  China
2,196.813
  Germany
1,924.061
  India
1,471.625
  Italy
1,357.169
  France
1,337.185
  Brazil
1,269.229
  United Kingdom
1,171.515
  Russia
1,067.012
1990   United States
5,979.588
  Soviet Union   Japan
2,368.693
  West Germany
1,548.457
  China
1,092.075
  Italy
1,134.581
  France
1,112.013
  India
1,018.305
  Brazil
969.692
  United Kingdom
923.639
1985   United States
4,346.750
  Soviet Union   Japan
1,585.086
  West Germany
1,144.657
  Italy
833.123
  France
807.519
  Brazil
753.822
  India
653.454
  China
640.568
  United Kingdom
627.367
1980   United States
2,862.475
  Soviet Union   Japan
996.736
  West Germany
837.262
  Italy
594.363
  France
578.972
  Brazil
553.631
  United Kingdom
433.914
  Mexico
389.330
  India
389.299

World Bank statistics of the ten largest economies by GDP (PPP)

Angus Maddison statistics of the ten largest economies by GDP (PPP)

Main GDP countries

The United States Department of Agriculture has calculated the share of every country to global real GDP from 1969 to 2010.[8]

  • The United States represented 28.69% of the world's economy in 1960 (highest point), and was at its lowest point at 21.42% in 2011.
  • The European Union represented 31.6% of the world's GDP at 1980 (highest point), and was at its lowest in 1985 at 25.01%.
  • China at the peak of their economy with 32.9% during Qing dynasty and it represented 1.618% of the world's economy in 1987 (lowest point), rising to 11.47% in 2012 (highest point). According to Angus Maddison, China represented 32.9% of the world's economy in 1820.[9]
  • Japan represented 17.8% of the world's economy in 1994 (highest point), after that its contribution to the world's economy has gradually diminished, and reached its lowest point in 2012 (8.32%). Although the very lowest since 1960 has been in the year 1960 when it produced 3.28% of the world's GDP.
  • Germany represented 8.98% of the world's economy in 1969 (highest point), falling to 4.74% in 2012 (lowest point)
  • The United Kingdom represented 6.42% of the world's economy in 1960 (highest point), falling to 3.42% in 2012 (lowest point). According to Angus Maddison the United Kingdom accounted for 9.1% of the world's economy in 1870.[9]
  • France represented 5.8% of the world's economy in 1969. After rising to 5.94% in 1974, its contribution to the world's economy fell to 3.64% in 2012 (lowest point). According to Angus Maddison France represented 6.5% of the world's economy in 1870[9]
  • Italy represented 5.11% of the world's economy in 1969. After rising to 5.18% in 1974, its contribution to the world's economy fell to 2.81% in 2012 (lowest point).
  • Canada represented 2.63% of the world's economy in 1969. This figure has been generally stable, having peaked at 2.76% in 1981 and 2002, and being at its lowest (2.55%) in 1992. In 2012 Canada's share was 2.54%.
  • The Soviet Union represented 14.31% of the world's economy in 1969 (highest point) and at the year of its dissolution (1991) only produced 3.58% of the world's economy (lowest point). In 2012 Russia's share was 2.82% (highest point) and reached a nadir in 1998 (1.38%) before ending up at 1.9% in 2010.
  • India represented 3.1% of the world's economy in 1964 (highest point), and had its lowest world economy share at 1.00% in 1992. According to Angus Maddison, India represented 32.9% of the world's economy in 0 CE.[9]
  • South Korea represented 2.02% of the world's economy in 2010 (highest point), and had its lowest world economy share at 0.156% in 1965.
  • Brazil represented 3.34% of the world's economy in 2011 (highest point), and had its lowest world economy share at 1.55% in 1969.

References

  1. ^ CNN Global Economy
  2. ^ United Nations GDP Data (December 2013)
  3. ^ World Bank GDP Data (December 2014)
  4. ^ IMF historical nominal GDP Data (October 2015)
  5. ^ "IMF historical GDP (PPP) Data (October 2014)". Imf.org. 2015-10-06. Retrieved 2015-10-08.
  6. ^ "GDP, PPP; Table". Data.worldbank.org. 2014-12-16. Retrieved 2014-12-18.
  7. ^ http://siteresources.worldbank.org/DATASTATISTICS/Resources/GDP_PPP.pdf
  8. ^ ""Real Historical Gross Domestic Product (GDP) Shares and Growth Rates of GDP Shares", USDA, November 2009". Ers.usda.gov. Retrieved 2014-01-19.
  9. ^ a b c d The World Economy page 263 by Angus Maddison