List of countries by GDP (nominal)

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Largest economies in the world by GDP (nominal) in 2024
according to International Monetary Fund estimates
Countries by estimated nominal GDP in 2024.
  > $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. 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. 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.

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.

The rankings of national economies over time have changed considerably; the United States surpassed the British Empire's output around 1916, which in turn had surpassed the Qing dynasty in aggregate output decades earlier. Since China's transition to a socialist market economy through controlled privatisation and deregulation, 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. Among others, India has also experienced an economic boom since the implementation of economic liberalisation in the early 1990s.

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  sovereign states not part of the IMF, non-sovereign states and territories, and countries with limited recognition 

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/Territory UN region IMF World Bank United Nations
Forecast Year Estimate Year Estimate Year
 World 109,529,216 2024 100,879,560 2022 100,834,796 2022
 United States Americas 28,781,083 2024 25,439,700 2022 25,744,100 2022
 China Asia 18,532,633 2024 17,963,171 2022 17,963,170 2022
 Germany Europe 4,591,100 2024 4,082,469 2022 4,076,923 2022
 Japan Asia 4,110,452 2024 4,256,410 2022 4,232,173 2022
 India Asia 3,937,011 2024 3,416,645 2022 3,465,541 2022
 United Kingdom Europe 3,495,261 2024 3,089,072 2022 3,089,072 2022
 France Europe 3,130,014 2024 2,779,092 2022 2,775,316 2022
 Brazil Americas 2,331,391 2024 1,920,095 2022 1,920,095 2022
 Italy Europe 2,328,028 2024 2,049,737 2022 2,046,952 2022
 Canada Americas 2,242,182 2024 2,161,483 2022 2,137,939 2022
 Russia Europe 2,056,844 2024 2,240,422 2022 2,240,422 2022
 Mexico Americas 2,017,025 2024 1,465,854 2022 1,463,323 2022
 Australia Oceania 1,790,348 2024 1,692,956 2022 1,776,577 2022
 South Korea Asia 1,760,947 2024 1,673,916 2022 1,673,916 2022
 Spain Europe 1,647,114 2024 1,417,800 2022 1,415,874 2022
 Indonesia Asia 1,475,690 2024 1,319,100 2022 1,319,100 2022
 Netherlands Europe 1,142,513 2024 1,009,398 2022 1,008,027 2022
 Turkey Asia 1,113,561 2024 907,118 2022 907,118 2022
 Saudi Arabia Asia 1,106,015 2024 1,108,571 2022 1,108,148 2022
 Switzerland Europe 938,458 2024 818,426 2022 818,426 2022
 Poland Europe 844,623 2024 688,125 2022 688,125 2022
 Taiwan Asia 802,958 2024
 Belgium Europe 655,192 2024 583,435 2022 582,643 2022
 Sweden Europe 623,048 2024 591,718 2022 591,188 2022
 Argentina Americas 604,260 2024 631,133 2022 631,133 2022
 Ireland Europe 564,020 2024 533,140 2022 532,415 2022
 Thailand Asia 548,890 2024 495,423 2022 495,340 2022
 Austria Europe 540,887 2024 470,941 2022 470,302 2022
 Israel Asia 530,664 2024 525,002 2022 525,002 2022
 United Arab Emirates Asia 527,796 2024 507,063 2022 507,063 2022
 Norway Europe 526,951 2024 593,348 2022 579,422 2022
 Singapore Asia 525,228 2024 466,788 2022 466,788 2022
 Philippines Asia 471,516 2024 404,284 2022 404,284 2022
 Vietnam Asia 465,814 2024 408,802 2022 408,802 2022
 Iran Asia 464,181 2024 413,493 2022 398,047 2022
 Bangladesh Asia 455,162 2024 460,201 2022 432,677 2022
 Malaysia Asia 445,519 2024 407,027 2022 406,305 2022
 Denmark Europe 409,989 2024 400,167 2022 400,167 2022
 Hong Kong Asia 406,775 2024 359,838 2022 359,838 2022
 Colombia Americas 386,076 2024 343,622 2022 343,939 2022
 South Africa Africa 373,233 2024 405,270 2022 405,270 2022
 Romania Europe 369,971 2024 300,691 2022 300,690 2022
 Egypt Africa 347,594 2024 476,747 2022 409,306 2022
 Pakistan Asia 338,237 2023 374,697 2022 326,796 2022
 Chile Americas 333,760 2024 301,024 2022 300,686 2022
 Czech Republic Europe 325,880 2024 290,565 2022 290,527 2022
 Finland Europe 308,055 2024 282,649 2022 282,511 2022
 Portugal Europe 298,949 2024 255,196 2022 254,849 2022
 Kazakhstan Asia 296,740 2024 225,496 2022 225,496 2022
 Peru Americas 282,458 2024 242,631 2022 242,631 2022
 Algeria Africa 266,780 2024 194,998 2022 191,912 2022
 Iraq Asia 265,894 2024 264,182 2022 264,182 2022
 New Zealand Oceania 257,625 2024 248,101 2022 245,845 2022
 Nigeria Africa 252,738 2024 472,624 2022 475,058 2022
 Greece Europe 250,276 2024 217,581 2022 217,285 2022
 Qatar Asia 244,686 2024 236,258 2022 237,101 2022
 Hungary Europe 223,413 2024 177,337 2022 177,337 2022
 Ethiopia Africa 205,130 2024 126,783 2022 118,971 2022
 Ukraine Europe 188,943 2024 160,502 2022 160,502 2022
 Kuwait Asia 160,397 2024 175,363 2022 175,363 2022
 Morocco Africa 152,377 2024 130,912 2022 130,912 2022
 Cuba Americas 147,193 2022
 Slovakia Europe 140,808 2024 115,461 2022 115,304 2022
 Dominican Republic Americas 127,356 2024 113,537 2022 113,537 2022
 Ecuador Americas 121,592 2024 115,049 2022 115,049 2022
 Puerto Rico Americas 117,763 2024 113,434 2022 113,434 2022
 Guatemala Americas 110,035 2024 95,003 2022 95,003 2022
 Oman Asia 108,927 2024 114,667 2022 114,666 2022
 Bulgaria Europe 107,933 2024 90,346 2022 90,213 2022
 Kenya Africa 104,001 2024 113,420 2022 113,419 2022
 Venezuela Americas 102,328 2024 129,313 2022
 Uzbekistan Asia 97,956 2024 80,391 2022 80,391 2022
 Costa Rica Americas 96,058 2024 69,243 2022 68,380 2022
 Angola Africa 92,123 2024 106,782 2022 113,304 2022
 Luxembourg Europe 88,556 2024 81,641 2022 81,530 2022
 Croatia Europe 88,076 2024 71,600 2022 71,552 2022
 Panama Americas 87,347 2024 76,522 2022 76,522 2022
 Ivory Coast Africa 86,911 2024 70,018 2022 70,018 2022
 Uruguay Americas 82,605 2024 71,177 2022 71,171 2022
 Turkmenistan Asia 81,896 2024 56,542 2022 67,009 2022
 Serbia Europe 81,873 2024 63,563 2022 63,563 2022
 Lithuania Europe 81,170 2024 70,974 2022 70,878 2022
 Tanzania Africa 79,605 2024 75,732 2022 73,535 2022
 Azerbaijan Asia 78,749 2024 78,721 2022 78,721 2022
 Ghana Africa 75,244 2024 73,766 2022 73,766 2022
 Sri Lanka Asia 74,846 2022 74,403 2022 76,187 2022
 DR Congo Africa 73,761 2024 64,718 2022 62,551 2022
 Slovenia Europe 72,101 2024 60,063 2022 59,981 2022
 Belarus Europe 69,048 2024 72,793 2022 72,873 2022
 Myanmar Asia 68,006 2024 62,263 2022 65,211 2022
 Uganda Africa 56,310 2024 45,567 2022 48,243 2022
 Tunisia Africa 54,708 2024 46,303 2022 46,181 2022
 Macau Asia 54,677 2024 24,042 2022 24,042 2022
 Jordan Asia 53,570 2024 48,653 2022 47,452 2022
 Cameroon Africa 53,205 2024 43,644 2022 44,341 2022
 Bolivia Americas 49,334 2024 44,008 2022 44,008 2022
 Libya Africa 48,221 2024 45,752 2022 40,537 2022
 Bahrain Asia 46,790 2024 44,383 2022 44,382 2022
 Paraguay Americas 45,817 2024 41,722 2022 41,722 2022
 Latvia Europe 45,466 2024 40,932 2022 40,876 2022
 Cambodia Asia 45,150 2024 29,504 2022 29,504 2022
 Nepal Asia 44,179 2024 40,828 2022 39,406 2022
 Estonia Europe 43,486 2024 38,100 2022 38,049 2022
 Honduras Americas 37,355 2024 31,717 2022 31,717 2022
 Senegal Africa 35,450 2024 27,684 2022 27,775 2022
 El Salvador Americas 35,333 2024 32,488 2022 32,488 2022
 Zimbabwe Africa 34,405 2024 27,366 2022 26,418 2022
 Cyprus Asia 34,221 2024 29,250 2022 29,210 2022
 Iceland Europe 33,338 2024 28,064 2022 28,064 2022
 Georgia Asia 32,865 2024 24,780 2022 24,605 2022
 Papua New Guinea Oceania 31,716 2024 31,603 2022 31,609 2022
 Zambia Africa 29,872 2024 29,163 2022 29,136 2022
 Bosnia and Herzegovina Europe 29,078 2024 24,473 2022 24,473 2022
 Trinidad and Tobago Americas 28,365 2024 30,053 2022 30,053 2022
 Sudan Africa 26,865 2024 51,662 2022 36,729 2022
 Guinea Africa 25,447 2024 20,999 2022 20,846 2022
 Albania Europe 25,431 2024 18,916 2022 18,916 2022
 Armenia Asia 25,408 2024 19,513 2022 19,513 2022
 Haiti Americas 24,046 2024 20,253 2022 18,751 2022
 Mozambique Africa 22,975 2024 18,406 2022 18,406 2022
 Malta Europe 22,737 2024 18,125 2022 18,100 2022
 Mongolia Asia 21,943 2024 17,146 2022 17,146 2022
 Burkina Faso Africa 21,902 2024 18,820 2022 19,176 2022
 Lebanon Asia 21,780 2022 23,131 2021 39,303 2022
 Mali Africa 21,662 2024 18,827 2022 18,827 2022
 Botswana Africa 21,418 2024 20,355 2022 20,352 2022
 Benin Africa 21,371 2024 17,396 2022 17,396 2022
 Guyana Americas 21,178 2024 14,718 2022 14,718 2022
 Gabon Africa 21,013 2024 21,071 2022 20,132 2022
 Jamaica Americas 20,098 2024 17,097 2022 17,097 2022
 Nicaragua Americas 18,829 2024 15,671 2022 15,671 2022
 Niger Africa 18,816 2024 15,342 2022 15,414 2022
 Chad Africa 18,697 2024 12,704 2022 16,799 2022
 Palestine Asia 18,602 2023 19,111 2022 19,111 2022
 Moldova Europe 18,356 2024 14,508 2022 14,510 2022
 Yemen Asia 16,940 2024 11,007 2022
 Madagascar Africa 16,465 2024 15,297 2022 14,954 2022
 Mauritius Africa 16,359 2024 12,948 2022 12,898 2022
 North Macedonia Europe 15,873 2024 13,563 2022 13,711 2022
 Brunei Asia 15,510 2024 16,681 2022 16,681 2022
 Congo Africa 15,501 2024 15,816 2022 15,344 2022
 Laos Asia 15,190 2024 15,468 2022 15,362 2022
 North Korea Asia 15,176 2022
 Afghanistan Asia 14,467 2022 14,266 2021 14,174 2022
 Bahamas Americas 14,390 2024 12,897 2022 12,897 2022
 Rwanda Africa 13,701 2024 13,311 2022 13,312 2022
 Kyrgyzstan Asia 13,599 2024 11,543 2022 10,930 2022
 Tajikistan Asia 12,953 2024 10,492 2022 10,492 2022
 Somalia Africa 12,804 2024 10,419 2022 10,420 2022
 Namibia Africa 12,765 2024 12,914 2022 12,607 2022
 Kosovo Europe 11,318 2024 9,409 2022 9,397 2022
 Malawi Africa 11,241 2024 13,164 2022 12,558 2022
 Equatorial Guinea Africa 10,708 2024 12,029 2022 11,767 2022
 Mauritania Africa 10,628 2024 9,780 2022 10,997 2022
 Togo Africa 9,832 2024 8,341 2022 8,087 2022
 New Caledonia Oceania 9,623 2022 9,623 2022
 Syria Asia 8,969 2021 18,595 2022
 Monaco Europe 8,784 2022 8,772 2022
 Montenegro Europe 8,010 2024 6,229 2022 6,229 2022
 Liechtenstein Europe 7,710 2021 7,757 2022
 Bermuda Americas 7,546 2022 7,546 2022
 Maldives Asia 7,199 2024 6,170 2022 6,170 2022
 Barbados Americas 6,863 2024 5,699 2022 5,699 2022
 Cayman Islands Americas 6,844 2022 6,281 2022
 South Sudan Africa 6,517 2024 4,616 2022
 French Polynesia Oceania 5,814 2022 5,814 2022
 Fiji Oceania 5,801 2024 4,979 2022 4,979 2022
 Eswatini Africa 5,085 2024 4,790 2022 4,326 2022
 Liberia Africa 4,754 2024 4,001 2022 3,265 2022
 Sierra Leone Africa 4,558 2024 4,094 2022 3,481 2022
 Djibouti Africa 4,364 2024 3,515 2022 4,003 2022
 Suriname Americas 4,337 2024 3,620 2022 3,620 2022
 Aruba Americas 4,069 2024 3,544 2022 3,544 2022
 Andorra Europe 3,897 2024 3,352 2022 3,376 2022
 Belize Americas 3,296 2024 2,830 2022 2,830 2022
 Greenland Americas 3,235 2021 2,926 2022
 Bhutan Asia 3,110 2024 2,768 2021 2,898 2022
 Curaçao Americas 3,075 2022 3,075 2022
 Burundi Africa 3,075 2024 3,338 2022 4,032 2022
 Central African Republic Africa 2,810 2024 2,382 2022 2,395 2022
 Cape Verde Africa 2,718 2024 2,226 2022 2,314 2022
 Gambia Africa 2,694 2024 2,187 2022 2,231 2022
 Saint Lucia Americas 2,582 2024 2,343 2022 2,165 2022
 Lesotho Africa 2,395 2024 2,236 2022 2,287 2022
 Eritrea Africa 2,383 2022
 Zanzibar Africa 2,361 2022
 Seychelles Africa 2,203 2024 1,588 2022 1,994 2022
 Guinea-Bissau Africa 2,151 2024 1,633 2022 1,574 2022
 Antigua and Barbuda Americas 2,127 2024 1,867 2022 1,770 2022
 San Marino Europe 2,033 2024 1,855 2021 1,780 2022
 East Timor Asia 1,992 2024 3,204 2022 3,204 2022
 Solomon Islands Oceania 1,707 2024 1,597 2022 1,597 2022
 Sint Maarten Americas 1,537 2022 1,572 2022
 British Virgin Islands Americas 1,471 2022
 Comoros Africa 1,422 2024 1,242 2022 1,246 2022
 Grenada Americas 1,406 2024 1,215 2022 1,192 2022
 Vanuatu Oceania 1,289 2024 1,055 2022 985 2022
 Turks and Caicos Islands Americas 1,138 2022 1,138 2022
 Saint Kitts and Nevis Americas 1,134 2024 965 2022 979 2022
 Saint Vincent and the Grenadines Americas 1,128 2024 948 2022 946 2022
 Samoa Oceania 1,024 2024 832 2022 857 2022
 São Tomé and Príncipe Africa 751 2024 542 2022 546 2022
 Dominica Americas 708 2024 607 2022 612 2022
 Tonga Oceania 581 2024 469 2021 488 2022
 Micronesia Oceania 484 2024 424 2022 427 2022
 Anguilla Americas 452 2022
 Kiribati Oceania 311 2024 223 2022 223 2022
 Palau Oceania 308 2024 232 2021 225 2022
 Marshall Islands Oceania 305 2024 258 2022 279 2022
 Cook Islands Oceania 289 2022
 Nauru Oceania 161 2024 151 2022 147 2022
 Montserrat Americas 72 2022
 Tuvalu Oceania 66 2024 59 2022 59 2022

See also

Countries:

Other entities:

Notes

  1. ^ a b c Figures for China exclude Taiwan, and the special administrative regions of Hong Kong and Macau.
  2. ^ Based on the best available GDP figure for each country on the time of creation (16 June 2024). Best available GDP figure was defined as the latest figure from the International Monetary Fund (including forecasts for the current year) if available, otherwise the latest figure from the World Bank if available, otherwise the latest figure from the United Nations Statistics Division; however, countries that didn't have any figure for a year more recent than 2019 were not included at all. For almost all countries, the latest IMF forecast figure for 2024 was used.
  3. ^ Figures exclude the special administrative regions of Hong Kong and Macau.
  4. ^ The name used in the IMF report is "Taiwan Province of China".
  5. ^ The name used in the IMF report is "Hong Kong SAR".
  6. ^ a b c Figures exclude the Autonomous Republic of Crimea and Sevastopol.
  7. ^ Includes Western Sahara
  8. ^ The UN figure excludes the autonomous region of Zanzibar.
  9. ^ The name used in the IMF report is "Macao SAR".
  10. ^ a b c Data are for the area controlled by the Government of the Republic of Cyprus.
  11. ^ a b c Excludes Abkhazia and South Ossetia
  12. ^ a b The name used in the IMF and World Bank reports is "West Bank and Gaza".
  13. ^ The name used by the UN is "State of Palestine".
  14. ^ a b c Excludes data for Transnistria

References

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  3. ^ Moffatt, Mike. "A Beginner's Guide to Purchasing Power Parity Theory". About.com. IAC/InterActiveCorp. Archived from the original on 1 March 2017. Retrieved 31 May 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. Archived (PDF) from the original on 28 March 2016. Retrieved 23 May 2016.
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  6. ^ Frum, David (24 December 2014). "The Real Story of How America Became an Economic Superpower". The Atlantic. Archived from the original on 16 February 2022. Retrieved 16 February 2022.
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  8. ^ a b Kroeber, Arthur R. (2016). China's Economy: What Everyone Needs to Know. New York, United States: Oxford University Press. ISBN 9780190239053. Archived from the original on 5 February 2021. Retrieved 28 May 2016.
  9. ^ Kau, Michael Ying-mao (30 September 1993). China in the Era of Deng Xiaoping: A Decade of Reform. Studies on Contemporary China. Taylor & Francis. ISBN 9781563242786. Archived from the original on 5 February 2021. Retrieved 23 May 2016.
  10. ^ Hu, Zuliu; Khan, Mohsin S. (April 1997). "Why Is China Growing So Fast?" (PDF). Economic Issues. International Monetary Fund. Archived (PDF) from the original on 16 April 2016. Retrieved 26 May 2016.
  11. ^ "China GDP growth slows as population crisis, Covid-19 cloud economic outlook". South China Morning Post. 18 January 2022. Archived from the original on 5 December 2022. Retrieved 12 August 2022.
  12. ^ Rodrik, Dani; et al. (March 2004). "From "Hindu Growth" to Productivity Surge: The Mystery of the Indian Growth Transition" (PDF). National Bureau of Economic Research. Archived (PDF) from the original on 27 March 2016. Retrieved 23 March 2016.
  13. ^ "WEO Database, April 2024. Report for Selected Countries and Subjects: World, European Union". IMF.org. International Monetary Fund. 16 April 2024. Retrieved 16 April 2024.
  14. ^ "GDP (current US$)". data.worldbank.org. Archived from the original on 13 June 2024. Retrieved 13 June 2024.
  15. ^ "United Nations Statistics Division - National Accounts". unstats.un.org. Archived from the original on 13 June 2024. Retrieved 13 June 2024.