List of countries by GDP (nominal)

For countries by GDP based on purchasing power parity, see List of countries by GDP (PPP).

Largest economies by nominal GDP in 2019

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.

Countries by nominal GDP in 2019

>$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

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, moderate 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 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.

Lists

Per the International Monetary Fund (2019 estimates)	Per the World Bank (2018)	Per the United Nations (2017)
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 Korea, South 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 United Arab Emirates 405,771 30 Norway 417,627 31 Israel 387,717 — Hong Kong 372,989 32 Ireland 384,940 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 Syria 60,043/Na 79 Uruguay 59,918 80 Lebanon 58,565 — Macau 55,136 81 Slovenia 54,154 82 Lithuania 53,641 83 Serbia 52,424 84 Turkmenistan 50,346 85 Uzbekistan 49,199 86 Congo, Democratic Republic of the 48,458 87 Côte d'Ivoire 45,252 88 Azerbaijan 45,248 89 Libya 44,964 90 Jordan 44,256 91 Bolivia 43,687 92 Paraguay 42,352 93 Cameroon 39,219 94 Bahrain 38,952 95 Tunisia 36,204 96 Latvia 35,721 97 Sudan 31,468 98 Estonia 31,026 99 Uganda 30,368 100 Yemen 29,079 101 Nepal 28,922 102 El Salvador 26,989 103 Cambodia 26,979 104 Senegal 25,320 105 Honduras 24,651 106 Cyprus 24,638 107 Zambia 24,615 108 Iceland 24,544 109 Trinidad and Tobago 22,438 110 Zimbabwe 22,290 111 Papua New Guinea 21,453 112 Laos 20,153 113 Bosnia and Herzegovina 20,152 114 Afghanistan 19,990 115 Botswana 19,651 116 Mali 17,833 117 Georgia 17,214 118 Gabon 16,709 119 Jamaica 16,152 120 Albania 15,960 121 Mozambique 15,372 122 Malta 15,134 123 Burkina Faso 14,882 124 Mauritius 14,812 125 Namibia 13,824 126 Mongolia 13,038 127 Brunei 13,325 128 Bahamas, The 13,262 129 Armenia 13,105 130 North Macedonia 12,884 131 Madagascar 12,734 132 Guinea 12,623 133 Nicaragua 12,612 134 Equatorial Guinea 12,432 135 Moldova 12,037 136 Chad 11,372 137 Benin 11,184 138 Congo, Republic of the 11,162 139 Rwanda 10,211 140 Niger 9,724 141 Haiti 9,602 142 Kyrgyzstan 8,334 — Kosovo 8,126 143 Somalia 7,903 144 Eritrea 7,718 145 Eswatini 7,718 146 Tajikistan 7,698 147 Malawi 7,436 148 Maldives 5,749 149 Togo 5,592 150 Mauritania 5,569 151 Montenegro 5,443 152 Fiji 5,324 153 Barbados 5,207 154 Sierra Leone 3,998 155 Guyana 3,830 156 Suriname 3,683 157 Burundi 3,573 158 Liberia 3,221 159 South Sudan 3,151 160 Timor-Leste 3,145 161 Aruba 2,840 162 Bhutan 2,811 163 Lesotho 2,392 164 Djibouti 2,285 165 Central African Republic 1,997 166 Belize 1,971 167 St. Lucia 1,741 168 Gambia 1,717 169 Antigua and Barbuda 1,654 170 Seychelles 1,620 171 San Marino 1,538 172 Solomon Islands 1,511 173 Grenada 1,272 174 St. Kitts and Nevis 1,058 175 Vanuatu 942 176 Samoa 902 177 St. Vincent and the Grenadines 864 178 Comoros 726 179 Dominica 542 180 Tonga 493 181 São Tomé and Príncipe 477 182 Micronesia, Federated States of 383 183 Palau 310 184 Marshall Islands 220 185 Kiribati 187 186 Tuvalu 49	Rank Country/Territory GDP (US$million)   World 85,804,391 1 United States 20,494,100 2 China 13,608,152 3 Japan 4,970,916 4 Germany 3,996,759 5 United Kingdom 2,825,208 6 France 2,777,535 7 India 2,726,323 8 Italy 2,073,902 9 Brazil 1,868,626 10 Canada 1,712,510 11 Russia 1,657,554 12 Korea, South 1,619,424 13 Australia 1,432,195 14 Spain 1,426,189 15 Mexico 1,223,809 16 Indonesia 1,042,173 17 Netherlands 913,658 18 Saudi Arabia 782,483 19 Turkey 766,509 20 Switzerland 705,501 21 Poland 585,783 — Taiwan 574,905 (2017) 22 Sweden 551,032 23 Belgium 531,767 24 Argentina 518,475 25 Thailand 504,993 26 Austria 455,737 27 Iran 454,013 (2017) 28 Norway 434,751 29 United Arab Emirates 414,179 30 Nigeria 397,270 31 Ireland 382,487 32 Israel 369,690 33 South Africa 368,288 34 Singapore 364,157 — Hong Kong 362,993 35 Malaysia 354,348 36 Denmark 352,058 37 Philippines 330,910 38 Colombia 330,228 39 Pakistan 312,570 40 Chile 298,231 41 Bangladesh 274,025 42 Finland 273,961 43 Egypt 250,895 44 Czech Republic 245,226 45 Vietnam 244,948 46 Romania 239,553 47 Portugal 237,979 48 Iraq 225,914 49 Peru 222,238 50 Greece 218,032 51 New Zealand 205,025 52 Qatar 192,009 53 Algeria 180,689 54 Kazakhstan 170,539 55 Hungary 155,703 56 Kuwait 141,678 57 Ukraine 130,832 58 Morocco 118,495 59 Ecuador 108,398 60 Slovak Republic 106,472 61 Angola 105,751 62 Cuba 96,851 (2017) 63 Sri Lanka 88,901 64 Kenya 87,908 65 Ethiopia 84,355 66 Dominican Republic 81,299 67 Oman 79,295 68 Guatemala 78,460 69 Myanmar 71,215 70 Luxembourg 69,488 71 Ghana 65,556 72 Bulgaria 65,133 73 Panama 65,055 74 Croatia 60,806 75 Costa Rica 60,126 76 Belarus 59,663 77 Uruguay 59,597 78 Tanzania 57,437 79 Lebanon 56,639 — Macau 54,545 80 Slovenia 54,235 81 Lithuania 53,251 82 Serbia 50,508 83 Uzbekistan 50,500 84 Libya 48,320 85 Congo, Democratic Republic of the 47,228 86 Azerbaijan 46,940 87 Cote d'Ivoire 43,007 88 Jordan 42,291 89 Sudan 40,852 90 Paraguay 40,842 91 Turkmenistan 40,761 92 Bolivia 40,288 93 Tunisia 39,861 94 Cameroon 38,502 95 Bahrain 37,746 96 Latvia 34,849 97 Zimbabwe 31,001 98 Estonia 30,285 99 Nepal 28,812 100 Uganda 27,477 101 Zambia 26,720 102 El Salvador 26,057 103 Iceland 25,882 104 Cambodia 24,572 105 Cyprus 24,470 106 Senegal 24,130 107 Honduras 23,803 108 Papua New Guinea 23,432 109 Trinidad and Tobago 23,410 110 Bosnia and Herzegovina 19,782 111 Afghanistan 19,363 112 Botswana 18,616 113 Laos 18,131 114 Mali 17,197 115 Gabon 17,017 116 Georgia 16,210 117 Jamaica 15,718 118 Albania 15,059 — West Bank and Gaza 14,616 119 Malta 14,542 120 Namibia 14,522 121 Mozambique 14,458 122 Burkina Faso 14,442 123 Mauritius 14,220 124 Brunei 13,567 125 Equatorial Guinea 13,317 126 Nicaragua 13,118 127 Mongolia 13,010 128 North Macedonia 12,672 129 Armenia 12,433 130 Bahamas, The 12,162 (2017) 131 Madagascar 12,100 132 Moldova 11,309 133 Chad 11,303 134 Congo, Republic of the 11,264 135 Guinea 10,990 136 Benin 10,359 137 Haiti 9,658 138 Rwanda 9,509 139 Niger 9,240 140 Kyrgyzstan 8,093 — Kosovo 7,900 141 Tajikistan 7,523 142 Malawi 7,065 143 Fiji 5,480 144 Montenegro 5,452 145 Mauritania 5,366 146 Togo 5,300 147 Maldives 5,272 148 Somalia 4,721 149 Eswatini 4,704 150 Barbados 4,674 (2017) 151 Sierra Leone 4,000 152 Guyana 3,610 153 Suriname 3,427 154 Liberia 3,249 155 Andorra 3,237 156 Burundi 3,078 157 Lesotho 2,792 158 Timor-Leste 2,581 159 Bhutan 2,535 160 Central African Republic 2,380 161 Cabo Verde 1,987 162 Djibouti 1,966 163 Belize 1,925 164 Saint Lucia 1,876 165 San Marino 1,633 (2017) 166 Gambia, The 1,624 167 Antigua and Barbuda 1,624 168 Seychelles 1,590 169 Guinea-Bissau 1,458 170 Solomon Islands 1,412 171 Grenada 1,207 172 Comoros 1,203 173 Saint Kitts and Nevis 1,049 174 Vanuatu 888 175 Samoa 861 176 Saint Vincent and the Grenadines 813 177 Dominica 504 178 Tonga 450 179 Sao Tome and Principe 422 180 Micronesia, Federated States of 345 181 Palau 310 182 Marshall Islands 212 183 Kiribati 188 184 Nauru 115 185 Tuvalu 43	Rank Country/Territory GDP (US$million)   World 80,501,413 1 United States 19,485,394 2 China 12,234,781 3 Japan 4,872,415 4 Germany 3,693,204 5 United Kingdom 2,631,228 6 France 2,582,492 7 India 2,575,666 8 Brazil 2,055,512 9 Italy 1,943,835 10 Canada 1,647,120 11 Korea, South 1,577,524 12 Russia 1,530,750 13 Australia 1,408,675 14 Spain 1,314,314 15 Mexico 1,158,229 16 Indonesia 1,015,539 17 Turkey 851,541 18 Netherlands 830,572 19 Saudi Arabia 683,827 20 Switzerland 678,938 21 Argentina 637,486 — Taiwan 579,865 22 Sweden 535,607 23 Poland 526,211 24 Belgium 494,763 25 Iran 460,976 26 Thailand 455,302 27 Austria 416,835 28 Norway 399,470 29 United Arab Emirates 382,575 30 Nigeria 375,769 31 Israel 353,268 32 South Africa 348,872 — Hong Kong 341,659 33 Ireland 331,430 34 Denmark 329,865 35 Singapore 323,901 36 Malaysia 314,707 37 Philippines 313,595 38 Colombia 309,191 39 Pakistan 302,139 40 Chile 277,080 41 Venezuela 255,092 42 Bangladesh 254,646 43 Finland 252,246 44 Vietnam 223,779 45 Czech Republic 215,824 46 Romania 211,803 47 Peru 211,402 48 Greece 203,085 49 New Zealand 202,044 50 Egypt 195,135 51 Portugal 195,041 52 Iraq 182,023 53 Qatar 167,605 54 Algeria 167,555 55 Kazakhstan 159,406 56 Hungary 139,761 57 Angola 126,505 58 Sudan 120,265 59 Kuwait 119,534 60 Ukraine 112,154 61 Morocco 109,708 62 Ecuador 104,295 — Puerto Rico 104,218 63 Cuba 96,851 64 Slovakia 95,617 65 Sri Lanka 87,356 66 Dominican Republic 75,931 67 Guatemala 75,619 68 Ethiopia 75,605 69 Kenya 74,938 70 Oman 70,783 71 Myanmar 67,101 72 Luxembourg 62,316 73 Panama 61,838 74 Uruguay 59,180 75 Ghana 58,996 76 Bulgaria 58,222 77 Costa Rica 57,564 78 Croatia 55,201 79 Belarus 54,441 80 Lebanon 53,393 81 Tanzania 52,090 — Macau 50,361 82 Uzbekistan 49,677 83 Slovenia 48,455 84 Lithuania 47,544 85 Serbia 41,589 86 Azerbaijan 40,748 87 Jordan 40,708 88 Tunisia 40,068 89 Côte d'Ivoire 38,054 90 Turkmenistan 37,915 91 Congo, Democratic Republic of the 37,642 92 Bolivia 37,508 93 Bahrain 35,325 94 Cameroon 34,924 95 Latvia 30,463 96 Paraguay 29,435 97 Yemen 27,956 98 Uganda 27,698 99 Estonia 25,921 100 Zambia 25,868 101 Libya 25,127 102 Nepal 24,870 103 El Salvador 24,805 104 Iceland 24,476 105 Honduras 22,978 106 Cambodia 22,121 107 Trinidad and Tobago 22,104 108 Cyprus 22,054 109 Papua New Guinea 22,005 110 Afghanistan 21,992 111 Senegal 21,126 112 Bosnia and Herzegovina 18,169 113 Zimbabwe 18,036 114 Botswana 17,406 115 Korea, North 17,364 116 Laos 16,853 117 Mali 15,235 118 Georgia 15,159 — Palestine, State of 14,498 119 Gabon 14,623 120 Mozambique 12,651 121 Equatorial Guinea 12,487 122 Brunei 12,128 123 Congo, Republic of the 11,292 124 Jamaica 14,826 125 Nicaragua 13,814 126 Mauritius 13,366 127 Namibia 13,244 128 Albania 13,039 129 Malta 12,553 130 Burkina Faso 12,324 131 Bahamas, The 11,791 132 Armenia 11,536 133 North Macedonia 11,279 134 Mongolia 11,135 135 Chad 10,716 136 Madagascar 10,674 137 Guinea 10,208 — New Caledonia 9,894 138 Benin 9,236 139 Rwanda 9,136 140 Haiti 8,521 141 Moldova 8,128 142 Niger 8,119 143 Kyrgyzstan 7,564 — Kosovo 7,227 144 Tajikistan 7,145 145 Monaco 6,400 146 Malawi 6,339 147 Liechtenstein 6,295 148 South Sudan 5,693 — French Polynesia 5,623 — Bermuda 5,601 149 Suriname 5,210 150 Mauritania 5,092 151 Timor-Leste 4,970 152 Sierra Leone 4,893 153 Montenegro 4,588 154 Togo 4,576 155 Fiji 4,532 156 Eswatini 4,482 157 Barbados 4,353 158 Eritrea 3,858 — Cayman Islands 3,480 159 Andorra 3,278 — Curaçao 3,159 160 Guyana 3,086 161 Maldives 3,032 162 Burundi 2,869 — Aruba 2,664 163 Bhutan 2,562 — Greenland 2,441 164 Liberia 2,122 165 Lesotho 2,081 166 Central African Republic 1,992 167 Belize 1,902 168 Cape Verde 1,855 169 Djibouti 1,844 170 Saint Lucia 1,718 171 San Marino 1,689 172 Somalia 1,535 173 Seychelles 1,486 — Zanzibar 1,391 174 Antigua and Barbuda 1,248 175 Guinea-Bissau 1,209 176 Solomon Islands 1,103 — Sint Maarten 1,059 — British Virgin Islands 902 177 Grenada 884 178 Saint Kitts and Nevis 852 179 Gambia, The 851 180 Samoa 824 181 Vanuatu 812 — Turks and Caicos Islands 797 182 Saint Vincent and the Grenadines 729 183 Comoros 648 184 Dominica 533 185 Tonga 435 186 São Tomé and Príncipe 337 187 Micronesia, Federated States of 308 — Cook Islands 311 — Anguilla 311 188 Palau 234 189 Marshall Islands 209 190 Nauru 182 191 Kiribati 180 — Montserrat 63 192 Tuvalu 38

See also

• List of countries by GDP (PPP)
• List of countries by GDP (nominal) per capita
• List of countries by GDP (PPP) per capita
• List of countries by past and projected GDP (nominal)
• List of countries by past and projected GDP (PPP)