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This list of countries by largest GDP shows how the membership and rankings of the world's ten largest economies has changed. While the United States has consistently had the world's largest economy for some time, in the last fifty years the world has seen the rapid rise and fall in relative terms of the economies of other countries while the share of the United States has also fluctuated.
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.
Historical GDP by Country 2024. Values in Table 1 are displayed in Current (2023) US$ billions. For example, the United States ' listed 2020 GDP of 21060.47 represents an actual value of $21,060,473,613,000 (approximately $21 trillion)
This list of countries by largest GDP shows how the membership and rankings of the world's ten largest economies has changed.
Year1st2nd3rd2020United States 20,936.600China 14,772.731Japan 5,064.8732015United States 18,036.650China 11,226.186Japan 4,382.4202010United States 14,964.401China 5,812.464Japan 5,793.4552005United States 13,093.700Japan 4,755.980Germany 2,866.308What you should know about this indicator. This GDP indicator provides information on global economic growth and income levels in the very long run. Estimates are available as far back as 1 CE. This data is adjusted for inflation and for differences in the cost of living between countries.
This historical list of the ten largest countries by GDP according to the World Bank shows how the membership and rankings of the world's ten largest economies has changed. Historically, the United States was consistently year after year the world's largest economy since the early twentieth century.
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This is an alphabetical list of countries by past and projected Gross Domestic Product, based on the Purchasing Power Parity (PPP) methodology, not on market exchange rates. These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, April 2024 Edition. [1]
