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The United States
- The Gross Domestic Product (GDP) of the United States amounted to 25.5 trillion U.S. dollars in 2022, making it the largest economy in the G20 and the largest worldwide.
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List of countries by GDP (nominal) Largest economies in the world by GDP (nominal) in 2024. according to International Monetary Fund estimates [n 1] [1] Countries by nominal GDP in 2019 [n 2] > $20 trillion. $10–20 trillion. $5–10 trillion. $1–5 trillion.
Country GDP (nominal, 2022) GDP (abbrev.) GDP growth Population (2022) GDP per capita Share of World GDP ; 1: United States: $25,462,700,000,000: $25.463 trillion: 2.06%: 338,289,857: $75,269: 25.32%: 2: China: $17,963,200,000,000: $17.963 trillion: 2.99%: 1,425,887,337: $12,598: 17.86%: 3: Japan: $4,231,140,000,000: $4.231 trillion: 1.03% ...
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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)
World Bank Open Data | Data
- Visualizing The World’S Largest Economies
- Methodology
- USSR as A Major Player
- Japan Begins to Slow Down
- The World’S Largest Economies Shift Again
Global GDP has grown massively over the last 50 years, but not all countries experienced this economic growth equally. In 1970, the world’s nominal GDP was just $3.4 trillion. Fast forward a few decades and it had reached $85.3 trillion by 2020. And thanks to shifting dynamics, such as industrialization and the rise and fall of political regimes, t...
Using data from the United Nations, Mathisen collected nominal GDP in U.S. dollars for each country. He then determined each country’s GDP as a share of global GDPand sized each graphic’s bubbles accordingly. The bubbles were placed according to country latitude and longitude coordinates, but Mathisen programmed the bubbles so that they wouldn’t ov...
In 1970, the U.S. accounted for the largest share of global GDP, making up nearly one-third of the world economy. The table below shows the top 10 economies in 1970. Then a global superpower, the former Union of Soviet Socialist Republics (USSR)came in second place on the list of the world’s largest economies. In the years leading up to 1970, the U...
By 1995, the U.S. still held the top spot on the world’s largest economies list, but the country’s share of global GDP had shrunk. Meanwhile, Japan had leapfrogged into second place and nearly tripled its share of the global economy compared to 1970. A number of factors played into Japan’s economic success: 1. Large business groups known as keirets...
In 2020, the United States continued to hold onto the number one spot among the world’s largest economies. However, Japan’s slowdown created a rare opportunity for a new powerhouse to emerge: China. China’s economy saw incredible growthfollowing economic reforms in 1978. The reforms encouraged the formation of private businesses, liberalized foreig...
United States remains the largest economy globally with GDP (Nominal) over $25 trillion in 2022. 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.
From Wikipedia, the free encyclopedia. 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.
