. Nominal GDP Rankings by Country. What are the largest economies in the world? According to the International Monetary Fund, these are the highest ranking countries in the world in nominal GDP: United States (GDP: 20.49 trillion) China (GDP: 13.4 trillion Gross domestic product ranking table. Year to year changes in the nominal level of output or income of an economy are affected by a combination of forces: real growth, price inflation, and exchange rates GDP (nominal, 2017) GDP (abbrev.) GDP growth Population (2017) GDP per capita Share of World GDP ; 1: United States: $19,485,394,000,000: $19.485 trillion: 2.27%: 325,084,756: $59,939: 24.08%: 2: China: $12,237,700,479,375: $12.238 trillion: 6.90%: 1,421,021,791: $8,612: 15.12%: 3: Japan: $4,872,415,104,315: $4.872 trillion: 1.71%: 127,502,725: $38,214: 6.02%: 4: Germany: $3,693,204,332,230: $3.693 trillio
List of countries by GDP (Gross domestic product) may refer to: . List of countries by GDP (nominal), a list using the current exchange rates for national currencies List of countries by GDP (nominal) per capita; List of countries by GDP (PPP), a list using the concept of purchasing power parity to derive GDP estimates List of countries by GDP (PPP) per capit , 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 With a projected gdp growth rate of 26.21% in 2020, Guyana is the fastest growing economy in the world. Guyana is followed by South Sudan (4.11%), Bangladesh (3.80%), and Egypt (3.55%). Only these four countries have a gdp growth rate above 3%. Twenty-six economies will experience a positive growth rate in 2020. Read more Â The Gross Domestic Product (GDP) in Chile was worth 282.30 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Chile represents 0.24 percent of the world economy. GDP in Chile averaged 81.36 USD Billion from 1960 until 2019, reaching an all time high of 298.30 USD Billion in 2018 and a record low of 4.10 USD. India is the fastest-growing trillion-dollar economy in the world and the fifth-largest overall, with a nominal GDP of $2.94 trillion. India has become the fifth-largest economy in 2019, overtaking..
GDP Rankings Of The World's Largest Economies, 2019 Emma London Stats Gate December 28, 2018 With Britain falling from fifth to seventh place, both France and India are likely to overtake the United Kingdom in the rankings of the world's largest economies in 2019, that according to the CEOWORLD magazine This page lists the countries of the world sorted by their gross domestic product per capita at nominal values.This is the value of all final goods and services produced within a nation in a given year, converted at market exchange rates to current U.S. dollars, divided by the average population for the same year
GDP (PPP) per capita (2017) GDP (nominal) per capita (2017) vs. World PPP GDP per capita ($17,100) 1: Qatar: $128,647 : $61,264: 752% ; 2: Macao: $115,367 : $80,890: 675% ; 3: Luxembourg: $107,641 : $105,280: 629% ; 4: Singapore: $94,105 : $56,746: 550% ; 5: Brunei : $79,003 : $28,572: 462% ; 6: Ireland: $76,745 : $69,727: 449% ; 7: United Arab Emirates: $74,035 : $40,325: 433% ; 8: Kuwait: $72,096 : $29,616: 422% ; 9: Switzerlan Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a certain period. As such, it also measures the income earned from that production, or the total amount spent on final goods and services (less imports). While GDP is the single most important. Gross domestic product 2019 (millions of Ranking Economy US dollars) USA 1 United States 21,427,700 CHN 2 China 14,342,903 JPN 3 Japan 5,081,770 DEU 4 Germany 3,845,630 IND 5 India 2,875,142 GBR 6 United Kingdom 2,827,113 FRA 7 France 2,715,518 ITA 8 Italy 2,001,244. A set of comparable international price and volume measures of gross domestic products (GDP) and expenditure aggregates for 199 countries that participated in the 2011 round of International Comparison Program (ICP) and estimates for 15 non-participating countries. The data covers 26 expenditures categories for goods and services, and several.
The list of countries by GDP showed on this page is based on the latest data from the World Economic Outlook by the International Monetary Fund. 192 countries from around the world are ranked by GDP measured in US dollars and PPPs from 1980 to 2019. Gross Domestic Product, or GDP, measures the economy size of a country NOTE: The information regarding GDP - per capita (PPP) on this page is re-published from the CIA World Factbook 2020. No claims are made regarding the accuracy of GDP - per capita (PPP) information contained here. All suggestions for corrections of any errors about GDP - per capita (PPP) should be addressed to the CIA With a Gross Domestic Product of over 3.4 trillion Euros, the German economy was by far the largest in Europe in 2019. The similar sized economies of the United Kingdom and France were the second.. NOTE: The information regarding Military expenditures - percent of GDP on this page is re-published from the CIA World Factbook 2020. No claims are made regarding the accuracy of Military expenditures - percent of GDP information contained here. All suggestions for corrections of any errors about Military expenditures - percent of GDP should be. Japan, with its population of 127,185,332, has the highest national debt in the world at 234.18% of its GDP, followed by Greece at 181.78%. Japan's national debt currently sits at ÂĄ1,028 trillion ($9.087 trillion USD)
. Country : 2000 (rank) 2009: Percent of Top 30 Total 2000. Percent of Top 30 Total 2009. United States: $9,764 trillion (1) $14.003 trillion: 34%. 29% . Japan : $4,649 trillion (2) $4.993 trillion: 16%. 10%. China: $1,198 trillion (6) Hong Kong $168 billion (25) $4.833 trillion: 4.8%. 10%. Germany Canada ranked last for GDP in 1970 amongst Group of 7 countries (G7) in 1970. Germany ranked first for GDP in 1970 amongst Eurozone in 1970. All of the top 6 countries by GDP in 1970 are Heavily indebted. 15 of the bottom 17 countries by GDP in 1970 are European With a GDP of $14.14 trillion in 2019, it makes up 16.38% of the global economy. When compared on the basis of purchasing power parity (PPP), China is the largest economy with a GDP (PPP) of $27.
GDP per capita based on purchasing power parity (PPP) is a more accurate characteristic determining the level of economic development and economic growth. Based on this approach, Qatar has the highest GDP per capita in the world while Luxembourg ranks second Source: IMF, World Economic and Financial Surveys, World Economic Outlook Database, July 201
South Korea ranked 12th out of 205 countries in terms of gross domestic product in 2018, maintaining its spot from a year earlier, the World Bank said Sunday. The country's gross national income, or earnings per head, came to 30th in the world. The World Bank data showed Korea's GDP in the cited period at $1.6 trillion. Korea had ranked 14th between 2009 and 2013 to climb a notch up to. Gross domestic product ranking table based on purchasing power parity (PPP) Data Resources. Excel file EXCEL. on 31 January, 2017. Go to resource Preview. CSV file CSV. on 31 January, 2017. Go to resource Preview. PDF Table PDF. on 31 January, 2017. Go to resource PDF Table. Field Value; Modified Date: 2020-10-05. Release Date GDP (purchasing power parity) compares the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States Below are the 15 largest economies by GDP (PPP), as well as how their ranking changed from the previous chart, which used nominal data. Rank. Country. GDP (2018, PPP) Share of World Total. Change (vs. nominal rank) #1. China. $25.4 trillion
In August 2009, the European Commission adopted a communication GDP and beyond: measuring progress in a changing world (COM(2009) 433 final), which outlined a range of actions to improve and complement GDP measures. This noted that there was a clear case for complementing GDP with statistics covering other economic, social and environmental. 3. Japan: USD 5.7 trillion in 2023 Japan will remain the world's third largest economy, with nominal GDP of 5.7 trillion (2018: USD 5.0 trillion); however, it will have lost further ground to both developed and emerging-market rivals as a shrinking population feeds through to anemic economic growthâ€”although the recent announcement of fiscal stimulus could provide some support GDP - per capita (PPP) compares GDP on a purchasing power parity basis divided by population as of 1 July for the same year. Filter by the Region: Rank Order Listing for the GDP - per capita (PPP) field. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States in the year noted. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries . United States. Real GDP Value: $17 trillion (USD) Population: 323 million; Currency: US Dollar (USD) The IMF World Economic Outlook estimates that China's economy grew by 6.7% in 2016, compared with the modest.6% growth in the U.S throughout the same year. Of the world's largest 500 companies,34 are headquartered in the United States
See also: Ranking of countries by nominal GDP in current prices in 1980-2024. In 2018, China leads the world GDP PPP ranking with a GDP PPP of about $25.270 trillion. Tuvalu is the world's smallest national economy, with a GDP of approximately $44 million. Top 20 largest economies in the World by GDP PPP in 2018 (See Figure 1, and Table 1 Standard Chartered has a massive acceleration in GDP growth for India, Indonesia, Turkey, Brazil, Egypt and Russia. Nextbigfuture GDP PPP 2030 Forecast. In 2030, the world will have about 8.56 billion and Asia will have nearly 5 billion people. Asian countries are still maintaining GDP growth of 4-8% depending upon the country
Ranking; Gross domestic spending on R&D Indicator: 0.3 Total % of GDP 2018 Mexico % of GDP: Total % of GDP 1999-2018 Mexico (red), OECD - Total (black) Total % of GDP 2018 Mexico (red), OECD - Total (black) ICT value added Indicator: Internet access Indicator: 56.4 Total % of all households 2019 Mexico % of all households: Total % of all. Arguably the world's best business magazine and a very busy news site for CEOs, CFOs, senior executives, business leaders, & high net-worth individuals. CEOWORLD magazine is a highly-respected publication covering all aspects of economics and business New Ranking Outlines China's Top 20 Cities by GDP . By Ryan Gandolfo, August 14, 2019. 1 0. Much like how Chinese students compete every year to get the highest possible gaokao score, cities across the PRC also compete - except instead of test scores, they strive for the largest Gross Domestic Product (GDP) Real GDP per capita The indicator is calculated as the ratio of real GDP to the average population of a specific year. GDP measures the value of total final output of goods and services produced by an economy within a certain period of time Â© 2019 International Monetary Fund. All rights reserved
The National Accounts Main Aggregates Database presents a series of analytical national accounts tables from 1970 onwards for more than 200 countries and areas of the world. It is the product of a global cooperation effort between the Economic Statistics Branch of the United Nations Statistics. Russia was the world's sixth-largest global economy in 2017, in a World Bank ranking that adjusts GDP for price differences among countries Okun Gap: A macroeconomic term that describes the situation when an economy's potential gross domestic product (GDP) differs from its actual gross domestic product. The gap can either be.
What is GDP? Gross domestic product or GDP is a measure of the size and health of a country's economy over a period of time (usually one quarter or one year). It is also used to compare the size of different economies at a different point in time . That figure, though, is the result of enormous oscillations in its yearly growth rates. Except for Nauru, two-digit growth rates seem now something of the past, as even the fastest growing economy, Ethiopia. The gross domestic product per capita, or GDP per capita, is a measure of a country's economic output that accounts for its number of people.It divides the country's gross domestic product by its total population The Gross Domestic Product of a country can be defined as the total monetary value of the goods and services produced within its borders in a year. GDP growth is expressed as a percent. The average growth rate has been calculated using the geometric mean to obtain a 10-year equivalent rate. GDP Growth by Country (%) Country 2011 2012 201 List of countries ranked by GDP - per capita (PPP). Definition: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2020 See also: GDP - per capita (PPP) ma
2017 GDP (million) 2017 Growth 2017 GDP per capita 2016 estimate 2017 estimate 2018 estimate 2019 estimate; United States: 19,390,600: 2.2: 59,501: 18,624,450: 19,362,129: 20,199,960: 21,024,421: China: 12,014,610: N/A: 8,643: 11,232,108: 11,937,562: 13,118,689: 14,243,370: Japan: 4,872,135: 1.5: 38,440: 4,936,543: 4,884,489: 5,063,129: 5,205,299: Germany: 3,684,816: 2.0: 44,550: 3,479,232: 3,651,871: 3,934,809: 4,074,23 Definition: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States in the year noted Australia GDP (Gross Domestic Product) was INT$1,135.95billion for 2019 in PPP terms. World Economics makes available of world's most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. - World Economic A Gross Domestic Product (GDP) is a yardstick used to measure the economic status of a country. It periodically assesses the market value of all final goods and services in a country. The countries with the highest GDPs include Norway, Switzerland, the United States, and Saudi Arabia among others
The U.S. economy is the world's largest in terms of gross domestic product, and also the most technologically powerful. The country's most significant exports are computers and electrical. Economy > GDP per capita in 1950: Countries Compared Map. Interesting observations about Economy > GDP per capita in 1950. 0. maddison's data is pretty close to this data. In that dataset, the UK would have been 7th in 1950. Posted on 06 Apr 2011. Michael Fitzgerald
List of U.S. states and territories by GDP (millions of 2016 dollars) Rank Rank (50 states) State or territory 2016 % of Nation Region â€” â€” United States: 18,511,499: 100.00: 1: 1 California: 2,622,731: 14.17: West: 2: 2 Texas: 1,599,283: 8.64: South: 3: 3 New York: 1,500,055: 8.10: Northeast: 4: 4 Florida: 926,049: 5.00: South: 5: 5 Illinois: 796,012: 4.30: Midwest: 6: 6 Pennsylvani GDP growth has boomed as well, averaging more than 6 percent for the past five years, but the pace of growth is slowing along with global commerce. Regional Ranking. RANK COUNTRY OVERALL. OECD GDP falls by 1.8% in the first quarter of 2020 . Download the entire news release (PDF 120KB) 26/05/2020 - Following the introduction of COVID-19 containment measures across the world, real gross domestic product (GDP) in the OECD area fell by 1.8% in the first quarter of 2020, the largest drop since the 2.3% contraction in the first quarter of 2009 at the height of the financial crisis. The GDP figure in the third quarter of 2020 was â‚¬4,525,117 $5,289,409 million, United States is the world's leading economy with regard to GDP, as can be seen in the ranking of quarterly GDP of the 50 countries that we publish Rankings > GDP per capita - purchasing power parity (All Descending). Rank: Country: Value / Unit: 1. Luxembourg: 71,400 $ 2. Bermuda: 69,900 $ 3. Equatorial Guine
Check out the ranking below (All numbers cited in the slides are in US dollars and at constant values (for reference, the US's current PPP is $18.562 trillion): 32. Netherlands â€” $1.496 trillion For the fifth year in a row, China was the world's largest economy in 2019. It contributed $22.5 trillion, or 17.3%, of the world's $130.1 trillion in gross domestic product (GDP), according to estimates by the World Bank. It uses so-called international dollars to make better comparisons among countries
GDP per capita (2011 PPP $) Sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products, expressed in international dollars using purchasing power parity rates and divided by total population of the same period Categories: economy, Health and Welfare, Ranking of 6 to 10 Tags: GDP, health care, Marshall Islands, United Nations The U.S. ranks 125th in GDP growth per capita 22 February 2013 Mark 1 commen GDP updates . GDP Ranking 2019 (IMF), world = $87 trillion. CIA estimates of per capita GDP, 2019. Lichtenstein's per capita GDP = $170,000 (2015)[UN] (Lichtenstein Post Museum) corporate income tax = 12.5%. (1/3 of national income is from the multinational firms, 1/3 is from selling postage stamps), famous for three Nos: No poverty. No crimes. GDP at market prices is the aggregation of value added by all resident producers at producers' prices including taxes less subsidies on imports plus all nondeductible value-added or similar taxes. Constant factor cost measures differ from market price measures in that they exclude taxes on production and include subsidies There has been little change in California's GDP ranking in 2014, based on the estimates available to date. In our blog post on GDP rankings late last year, we highlighted the World Bank's GDP data, which would have ranked California 8th at the time. We also noted that, using CIA or IMF data, California would have ranked 7th or 8th.