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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. $750 billion – $1 trillion. $500–750 billion. $250–500 billion.
The following countries were not included in the above table because of missing confirmed 2022 GDP data by the World Bank. Latest GDP figures and year as reported by the World Bank is shown below: Cuba $107,352,000,000 (2020) Turkmenistan $45,610,571,429 (2020) Lebanon $23,131,941,557 (2021) Afghanistan $14,583,135,237 (2021) Guam ...
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Its formula is: GDP = C + I + G + X-M. where: C = Consumption I = Investment, G = government expenditure, X = Exports, M = imports. GDP per capita also called GDP per citizen or GDP per person is obtained by dividing GDP by the number of habitants. Represents the value of goods and services produced by different countries and it is used to ...
Top Losers in 2022: Out of 195 economies estimated by IMF, the GDP of 52 economies has decreased in 2022 compared to 2021. These 52 economies account for almost 26.65% of the world economy. Japan has the highest decline of $774.3 bn, followed by Germany ($-195.7 bn), France ($-178.3 bn), Korea ($-144.5 bn) and Italy ($-103.7 bn),
Country/economyGdp (nominal) (billions Of $)(2021)Gdp (nominal) (billions Of $)(rank)Gdp (nominal) (billions Of $)(2022)23,315.075125,462.72517,759.307217,886.3315,011.86934,237.5284,281.34844,085.681GDP (Gross Domestic Product) by Country in 2020-5 year-1 year 2020 +1 year +5 year. ... GDP (Gross Domestic Product) 1: High income: $53,947,360,960,778.9: 2: Low ...
Changes to the October 2020 Database. Following the recent release of the 2017 International Comparison Program (ICP) survey for new purchasing-power-parity benchmarks, the WEO’s estimates of purchasing-power-parity weights and GDP valued at purchasing power parity have been updated. For more details, see Box 1.1 of the October 2020 WEO.
Data 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.
