Countries by GDP (nominal) 2020

From Top Cities

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.

Largest economies by nominal GDP in 2019

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. On the whole, PPP per capita figures are less spread than nominal GDP per capita figures.

The United States is the world's largest economy with a GDP of approximately $20.513 trillion, notably due to high average incomes, a large population, capital investment, low unemployment, high consumer spending, a relatively young population, and technological innovation. 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.

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. Since China's transition to a market-based economy through controlled privatisation and deregulation, 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. India has also experienced a similar economic boom since the implementation of economic liberalisation in the early 1990s. 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, to 2014, after which it was surpassed by the United States.

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 in cases in which they appear in the sources. These economies are not ranked in the charts here, but are listed in sequence by GDP for comparison. In addition, non-sovereign entities are marked in italics.

Per the International Monetary Fund (2019 estimates)

Rank Country/Territory GDP(US$million)
World 87,265,226
1 United States 21,439,453
European Union 18,705,132
2 China 14,140,163
3 Japan 5,154,475
4 Germany 3,863,344
5 India 2,935,570
6 United Kingdom 2,743,586
7 France 2,707,074
8 Italy 1,988,636
9 Brazil 1,847,020
10 Canada 1,730,914
11 Russia 1,637,892
12 South Korea 1,629,532
13 Spain 1,397,870
14 Australia 1,376,255
15 Mexico 1,274,175
16 Indonesia 1,111,713
17 Netherlands 902,355
18 Saudi Arabia 779,289
19 Turkey 743,708
20 Switzerland 715,360
Taiwan 586,104
21 Poland 565,854
22 Thailand 529,177
23 Sweden 528,929
24 Belgium 517,609
25 Iran 458,500
26 Austria 447,718
27 Nigeria 446,543
28 Argentina 445,469
29 Norway 417,627
30 United Arab Emirates 405,771
31 Israel 387,717
32 Ireland 384,940
Hong Kong 372,989
33 Malaysia 365,303
34 Singapore 362,818
35 South Africa 358,839
36 Philippines 356,814
37 Denmark 347,176
38 Colombia 327,895
39 Bangladesh 317,465
40 Egypt 302,256
41 Chile 294,237
42 Pakistan 284,214
43 Finland 269,654
44 Vietnam 261,637
45 Czech Republic 246,953
46 Romania 243,698
47 Portugal 236,408
48 Peru 228,989
49 Iraq 224,462
50 Greece 214,012
51 New Zealand 204,671
52 Qatar 191,849
53 Algeria 172,781
54 Hungary 170,407
55 Kazakhstan 170,326
56 Ukraine 150,401
57 Kuwait 137,591
58 Morocco 119,040
59 Ecuador 107,914
60 Slovakia 106,552
Puerto Rico 99,913
61 Kenya 98,607
62 Angola 91,527
63 Ethiopia 91,166
64 Dominican Republic 89,475
65 Sri Lanka 86,566
66 Guatemala 81,318
67 Oman 76,609
68 Venezuela 70,140
69 Luxembourg 69,453
70 Panama 68,536
71 Ghana 67,077
72 Bulgaria 66,250
73 Myanmar 65,994
74 Tanzania 62,224
75 Belarus 62,572
76 Costa Rica 61,021
77 Croatia 60,702
78 Uzbekistan 60,490
79 Syria 60,043/Na
80 Uruguay 59,918
81 Lebanon 58,565
Macau 55,136
82 Slovenia 54,154
83 Lithuania 53,641
84 Serbia 51,523
85 Congo, Democratic Republic of the 48,994
86 Azerbaijan 47,171
87 Turkmenistan 46,674
88 Côte d'Ivoire 44,439
89 Jordan 44,172
90 Bolivia 42,401
91 Paraguay 40,714
92 Tunisia 38,732
93 Cameroon 38,632
94 Bahrain 38,184
95 Latvia 35,045
96 Libya 33,018
97 Estonia 31,038
98 Sudan 30,873
99 Uganda 30,666
100 Yemen 29,855
101 Nepal 29,813
102 El Salvador 26,871
103 Cambodia 26,730
104 Honduras 24,449
105 Cyprus 24,280
106 Zambia 23,946
107 Senegal 23,940
108 Iceland 23,918
109 Papua New Guinea 23,587
110 Trinidad and Tobago 22,607
111 Bosnia and Herzegovina 20,106
112 Laos 19,127
113 Afghanistan 18,734
114 Botswana 18,690
115 Mali 17,647
117 Gabon 16,877
116 Georgia 15,925
118 Jamaica 15,702
119 Albania 15,418
120 Mozambique 15,093
121 Malta 14,859
122 Burkina Faso 14,593
123 Mauritius 14,391
124 Benin 14,374
125 Namibia 14,368
126 Mongolia 13,637
127 Armenia 13,444
128 Guinea 13,368
129 Zimbabwe 12,818
130 North Macedonia 12,672
131 The Bahamas 12,664
132 Madagascar 12,550
133 Nicaragua 12,528
134 Brunei 12,455
135 Equatorial Guinea 12,142
136 Moldova 11,688
137 Congo, Republic of the 11,576
138 Chad 11,026
139 Rwanda 10,209
140 Niger 9,443
141 Haiti 8,819
142 Kyrgyzstan 8,261
143 Tajikistan 8,152
Kosovo 7,996
144 Malawi 7,522
145 Maldives 5,786
146 Togo 5,502
147 Mauritania 5,651
148 Montenegro 5,424
149 Fiji 5,708
150 Barbados 5,189
151 Somalia 4,958
152 Eswatini 4,657
153 Sierra Leone 4,229
154 Guyana 4,121
155 Suriname 3,774
156 South Sudan 3,681
157 Burundi 3,573
158 Liberia 3,221
159 Djibouti 3,166
160 Timor-Leste 2,938
Aruba 2,903
161 Bhutan 2,842
162 Lesotho 2,741
163 Central African Republic 2,321
164 Eritrea 2,110
165 Belize 2,001
166 Saint Lucia 1,992
167 The Gambia 1,773
168 Antigua and Barbuda 1,688
169 Seychelles 1,644
170 San Marino 1,591
171 Solomon Islands 1,440
172 Grenada 1,238
173 Comoros 1,179
174 Saint Kitts and Nevis 1,032
175 Vanuatu 951
176 Samoa 905
177 Saint Vincent and the Grenadines 856
178 Dominica 593
179 Tonga 488
180 São Tomé and Príncipe 430
181 Micronesia, Federated States of 381
182 Palau 291
183 Marshall Islands 220
184 Kiribati 184
185 Nauru 108
186 Tuvalu 42

Per the World Bank (2019)

Rank Country/Territory GDP(US$million)
World 87,751,541
1 United States 21,427,700
2 China 14,342,903
3 Japan 5,081,770
4 Germany 3,845,630
5 India 2,875,142
6 United Kingdom 2,827,113
7 France 2,715,518
8 Italy 2,001,244
9 Brazil 1,839,758
10 Canada 1,736,426
11 Russia 1,699,877
12 Korea, South 1,642,383
13 Spain 1,394,116
14 Australia 1,392,681
15 Mexico 1,258,287
16 Indonesia 1,119,191
17 Netherlands 909,070
18 Saudi Arabia 792,967
19 Turkey 754,412
20 Switzerland 703,082
21 Poland 592,164
Taiwan (2017) 574,905
22 Thailand 543,650
23 Sweden 530,833
24 Belgium 529,607
25 Argentina 449,663
26 Nigeria 448,120
27 Austria 446,315
28 Iran (2017) 445,345
29 United Arab Emirates 421,142
30 Norway 403,336
31 Israel 395,099
32 Ireland 388,699
33 Philippines 376,796
34 Singapore 372,063
Hong Kong 366,030
35 Malaysia 364,702
36 South Africa 351,432
37 Denmark 348,078
38 Colombia 323,803
39 Egypt 303,175
40 Bangladesh 302,571
41 Chile 282,318
42 Pakistan 278,222
43 Finland 268,761
44 Vietnam 261,921
45 Romania 250,077
46 Czech Republic 246,489
47 Portugal 237,686
48 Iraq 234,094
49 Peru 226,848
50 Greece 209,853
51 New Zealand 206,929
52 Qatar 183,466
53 Kazakhstan 180,162
54 Algeria 169,988
55 Hungary 160,967
56 Ukraine 153,781
57 Kuwait 134,761
58 Morocco 118,725
59 Ecuador 107,436
60 Slovak Republic 105,422
- Puerto Rico 104,989
61 Cuba (2018) 100,023
62 Ethiopia 96,108
63 Kenya 95,503
64 Angola 94,635
65 Dominican Republic 88,941
66 Sri Lanka 84,009
67 Oman 76,983
68 Guatemala 76,710
69 Myanmar 76,086
70 Luxembourg 71,105
71 Bulgaria 67,927
72 Ghana 66,984
73 Panama 66,801
74 Tanzania 63,177
75 Belarus 63,080
76 Costa Rica 61,774
77 Croatia 60,416
78 Cote d'Ivoire 58,792
79 Uzbekistan 57,921
80 Uruguay 56,046
81 Lithuania 54,219
- Macau 53,859
82 Slovenia 53,742
83 Lebanon 53,367
84 Libya 52,076
85 Serbia 51,409
86 Azerbaijan 48,048
87 Congo, Democratic Republic of the 47,320
88 Jordan 43,744
89 Bolivia 40,895
90 Turkmenistan (2018) 40,761
91 Tunisia 38,798
92 Cameroon 38,760
93 Bahrain 38,574
94 Paraguay 38,145
95 Uganda 34,387
96 Latvia 34,117
97 Estonia 31,387
98 Nepal 30,641
99 Cambodia 27,089
100 El Salvador 27,023
101 Honduras 25,095
102 Papua New Guinea 24,970
103 Cyprus 24,565
104 Iceland 24,188
105 Trinidad and Tobago 24,100
106 Senegal 23,578
107 Zambia 23,065
108 Zimbabwe 21,441
109 Bosnia and Herzegovina 20,048
110 Afghanistan 19,101
111 Sudan 18,902
112 Botswana 18,341
113 Laos 18,174
114 Georgia 17,743
115 Mali 17,510
116 Gabon 16,658
117 Jamaica 16,458
118 Burkina Faso 15,746
119 Albania 15,278
120 Mozambique 14,934
121 Malta 14,786
122 West Bank and Gaza (2018) 14,616
123 Benin 14,391
124 Mauritius 14,180
125 Madagascar 14,084
126 Mongolia 13,853
127 Armenia 13,673
128 Guinea 13,590
129 Brunei 13,469
130 Niger 12,928
131 Bahamas, The 12,827
132 North Macedonia 12,695
133 Nicaragua 12,521
134 Namibia 12,367
135 Moldova 11,955
136 Chad 11,315
137 Equatorial Guinea 11,027
138 Congo, Republic of the 10,821
139 Rwanda 10,122
140 Haiti 8,499
141 Kyrgyzstan 8,455
142 Tajikistan 8,117
- Kosovo 7,926
143 Malawi 7,667
144 Mauritania 7,594
145 Maldives 5,729
146 Fiji 5,536
147 Montenegro 5,495
148 Togo 5,460
149 Barbados 5,209
150 Eswatini 4,405
151 Guyana 4,280
152 Suriname 3,985
153 Sierra Leone 3,941
154 Djibouti 3,319
155 Andorra 3,154
156 Liberia 3,071
157 Burundi 3,012
158 Lesotho 2,460
159 Bhutan (2018) 2,447
160 Central African Republic 2,220
161 Saint Lucia 2,122
162 Cabo Verde 1,982
163 Belize 1,880
164 Gambia, The 1,764
165 Antigua and Barbuda 1,728
166 Seychelles 1,699
167 Timor-Leste 1,674
168 San Marino (2018) 1,638
169 Solomon Islands 1,425
170 Guinea-Bissau 1,340
171 Grenada 1,228
172 Comoros 1,186
173 Saint Kitts and Nevis 1,051
174 Vanuatu 917
175 Samoa 851
176 Saint Vincent and the Grenadines 825
177 Dominica 596
178 Tonga (2018) 450
179 Sao Tome and Principe 429
180 Micronesia, Federated States of (2018) 402
181 Palau (2018) 284
182 Marshall Islands (2018) 221
183 Kiribati 195
184 Nauru 118
185 Tuvalu 47

Per the United Nations (2018)

Rank Country/Territory GDP(US$million)
World 85,085,189
1 United States 20,580,223
2 China 13,608,152
3 Japan 4,971,323
4 Germany 3,949,549
5 United Kingdom 2,855,297
6 India 2,779,351
7 France 2,778,892
8 Italy 2,084,882
9 Brazil 1,868,613
10 Korea, South 1,720,489
11 Canada 1,712,562
12 Russia 1,660,514
13 Australia 1,453,871
14 Spain 1,419,735
15 Mexico 1,223,401
16 Indonesia 1,042,173
17 Netherlands 914,105
18 Saudi Arabia 782,484
19 Turkey 771,355
20 Switzerland 705,141
21 Poland 585,661
Taiwan 579,865
22 Sweden 556,087
23 Belgium 543,026
24 Argentina 518,475
25 Thailand 504,992
26 Iran 473,091
27 Austria 455,508
28 Norway 434,167
29 Nigeria 421,821
30 United Arab Emirates 414,179
31 Ireland 382,674
32 Israel 370,588
33 South Africa 368,094
Hong Kong 362,682
34 Singapore 361,115
35 Malaysia 358,579
36 Denmark 355,675
37 Philippines 330,910
38 Colombia 330,228
39 Chile 298,231
40 Pakistan 282,346
41 Finland 276,878
42 Bangladesh 269,628
43 Egypt 249,751
44 Czech Republic 245,226
45 Vietnam 244,901
46 Portugal 240,792
47 Romania 239,552
48 Peru 222,237
49 Greece 218,139
50 Iraq 212,272
51 Venezuela 208,339
52 New Zealand 207,921
53 Qatar 191,362
54 Kazakhstan 179,340
55 Algeria 173,758
56 Hungary 157,883
57 Kuwait 141,698
58 Ukraine 130,832
59 Morocco 117,921
60 Ecuador 108,398
61 Slovakia 105,956
62 Angola 105,902
Puerto Rico 101,131
63 Cuba 100,023
64 Oman 92,112
65 Sri Lanka 88,942
66 Kenya 87,906
67 Dominican Republic 81,299
68 Ethiopia 80,293
69 Guatemala 78,461
70 Myanmar 72,745
71 Luxembourg 70,920
72 Bulgaria 66,199
73 Ghana 65,535
74 Panama 65,055
75 Croatia 60,991
76 Costa Rica 60,126
77 Belarus 59,662
78 Uruguay 59,597
79 Tanzania 57,145
80 Lebanon 56,409
Macau 54,545
81 Slovenia 54,034
82 Lithuania 53,455
83 Serbia 50,597
84 Sudan 50,514
85 Uzbekistan 50,500
86 Congo, Democratic Republic of the 47,146
87 Azerbaijan 46,939
88 Côte d'Ivoire 43,028
89 Jordan 42,231
90 Turkmenistan 40,749
91 Paraguay 40,308
92 Bolivia 40,288
93 Tunisia 39,895
94 Cameroon 38,694
95 Bahrain 37,876
96 Latvia 34,426
97 Libya 34,377
98 Estonia 30,747
99 Uganda 30,098
100 Nepal 27,830
101 Zambia 27,283
102 Yemen 26,672
103 El Salvador 26,057
104 Iceland 25,882
105 Cyprus 24,963
106 Cambodia 24,572
107 Zimbabwe 24,312
108 Honduras 23,970
109 Senegal 23,809
110 Trinidad and Tobago 23,808
111 Papua New Guinea 23,077
112 Afghanistan 20,514
113 Bosnia and Herzegovina 19,782
114 Botswana 18,615
115 Laos 17,954
116 Georgia 17,600
117 Korea, North 17,487
118 Mali 17,172
119 Gabon 16,994
120 Syria 16,628
Palestine 16,277
121 Burkina Faso 16,200
122 Jamaica 15,714
123 Albania 15,059
124 Mozambique 14,717
125 Malta 14,549
126 Namibia 14,519
127 Mauritius 14,220
128 Congo, Republic of the 14,173
129 Madagascar 13,851
130 Brunei 13,567
131 Equatorial Guinea 13,324
132 Nicaragua 13,118
133 Mongolia 13,010
134 Niger 12,821
135 North Macedonia 12,629
136 Armenia 12,433
137 Bahamas, The 12,425
138 Guinea 11,640
139 Chad 11,387
140 Moldova 11,309
141 Benin 10,412
New Caledonia 10,174
142 Rwanda 9,510
143 Haiti 9,287
144 South Sudan 8,207
145 Kyrgyzstan 8,093
Kosovo 7,943
146 Mauritania 7,620
147 Tajikistan 7,523
148 Malawi 7,196
149 Monaco 7,189
150 Eritrea 6,855
151 Liechtenstein 6,796
Bermuda 6,351
French Polynesia 6,100
152 Fiji 5,537
153 Montenegro 5,507
Cayman Islands 5,485
154 Maldives 5,327
155 Togo 5,166
156 Barbados 5,087
157 Eswatini 4,711
158 Sierra Leone 4,101
159 Guyana 3,818
160 Suriname 3,458
161 Burundi 3,285
162 Andorra 3,238
Aruba 3,203
Curaçao 3,128
Greenland 3,052
163 Djibouti 2,923
164 Bhutan 2,658
165 Lesotho 2,631
166 Timor-Leste 2,581
167 Central African Republic 2,243
168 Liberia 2,121
169 Cape Verde 1,977
170 Saint Lucia 1,922
171 Belize 1,871
172 San Marino 1,638
173 Gambia, The 1,633
Zanzibar 1,618
174 Antigua and Barbuda 1,611
175 Seychelles 1,590
176 Somalia 1,495
177 Guinea-Bissau 1,459
British Virgin Islands 1,445
178 Solomon Islands 1,271
179 Grenada 1,169
180 Comoros 1,166
Turks and Caicos Islands 1,022
181 Saint Kitts and Nevis 1,011
Sint Maarten 980
182 Vanuatu 889
183 Samoa 834
184 Saint Vincent and the Grenadines 811
185 Dominica 551
186 Tonga 504
187 São Tomé and Príncipe 411
188 Micronesia, Federated States of 371
Cook Islands 363
Anguilla 293
189 Palau 284
190 Marshall Islands 214
191 Kiribati 189
192 Nauru 127
Montserrat 64
193 Tuvalu 46