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Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
Country/territoryImf [1][13](forecast)Imf [1][13](year)World Bank [14](estimate)World109,529,2162024105,435,54028,781,083202427,360,93518,532,633[n 1] 202417,794,7824,591,10020244,456,081With a GDP of 27.36 trillion dollars, the USA is by far the world's largest economy in this ranking for 2023. It is followed by China in second place with a GDP of 17.79 trillion dollars. Canada is also quite far ahead in the international comparison and occupies the tenth place in this ranking. The richest countries in the world
Jan 5, 2024 · It represents a quarter share of the global economy (25.4%). China follows, with close to $18 trillion, or 17.9% of the world economy. Tuvalu has the world's smallest national economy with a GDP (nominal) of approximately $59 million. 18 countries in 2022 have an economy above $1 trillion. Saudi Arabia is the latest entrant in trillion dollar ...
Country/economyGdp (nominal) (billions Of $)(2021)Gdp (nominal) (billions Of $)(rank)Gdp (nominal) (billions Of $)(2022)23,315.075125,462.72517,759.307217,886.3315,011.86934,237.5284,281.34844,085.681- Measuring GDP
- United States
- China
- Germany
- Japan
- India
- The United Kingdom
- France
- Brazil
- Italy
There are several popular ways to measure GDP: 1. Nominal GDP in Current U.S. Dollars: This is the most basic and common way of measuring and comparing GDP among countries, using local prices and currencies converted into U.S. dollars by using currency market exchange rates. This is the number that was used to determine the countries’ rankings in t...
Nominal GDP in Current U.S. Dollars: $28.78 trillionPPP Adjusted GDP in Current International Dollars: $28.78 trillionGDP Growth: 2.7%Nominal GDP Per Capita in Current U.S. Dollars:$85,370Nominal GDP in Current U.S. Dollars:$18.53 trillionPPP Adjusted GDP in Current International Dollars:$35.29 trillionGDP Growth:4.6%Nominal GDP Per Capita in Current U.S. Dollars: $13,140Nominal GDP in Current U.S. Dollars:$4.59 trillionPPP Adjusted GDP in Current International Dollars: $5.69 trillionGDP Growth:0.2%Nominal GDP Per Capita in Current U.S. Dollars: $54,290Nominal GDP in Current U.S. Dollars: $4.11 trillionPPP Adjusted GDP in Current International Dollars:$6.72 trillionGDP Growth:0.9%Nominal GDP Per Capita in Current U.S. Dollars:$33,140Nominal GDP in Current U.S. Dollars:$3.94 trillionPPP Adjusted GDP in Current International Dollars:$14.59 trillionGDP Growth:6.8%Nominal GDP Per Capita in Current U.S. Dollars:$2,730Nominal GDP in Current U.S. Dollars:$3.5 trillionPPP Adjusted GDP in Current International Dollars:$4.03 trillionGDP Growth: 0.5%Nominal GDP Per Capita in Current U.S. Dollars:$51,070Nominal GDP in Current U.S. Dollars: $3.13 trillionPPP Adjusted GDP in Current International Dollars: $3.99 trillionGDP Growth:0.7%Nominal GDP Per Capita in Current U.S. Dollars:$47,360Nominal GDP in Current U.S. Dollars:$2.33 trillionPPP Adjusted GDP in Current International Dollars:$4.27 trillionGDP Growth:2.2%Nominal GDP Per Capita in Current U.S. Dollars:$11,350Nominal GDP in Current U.S. Dollars: $2.33 trillionPPP Adjusted GDP in Current International Dollars: $3.35 trillionGDP Growth:0.7%Nominal GDP Per Capita in Current U.S. Dollars: $39,580Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
May 29, 2023 · PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not ...
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GDP (current US$) World Bank national accounts data, and OECD National Accounts data files. License : CC BY-4.0. Line Bar Map. Details. Label. 1960 - 2022.
