Countries by Real GDP Growth Rate in 2018 (Data from IMF WEO Database, April 2020) This article includes a lists of countries and dependent territories sorted by their real gross domestic product growth rate ; the rate of growth of the value of all final goods and services produced within a state in a given year.
For countries by GDP based on purchasing power parity, see List of countries by GDP (PPP). Largest economies by nominal GDP in 2021. Countries by nominal GDP in 2019. >$20 trillion. $10–$20 trillion. $5–$10 trillion. $1–$5 trillion. $750 billion–$1 trillion.
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GDP (PPP) means gross domestic product based on purchasing power parity.This article includes a list of countries by their forecast estimated GDP (PPP). Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official exchange rates.
Countries in the world ranked by Gross Domestic Product (GDP). List and ranking of GDP growth, GDP per capita and couuntry share of World's GDP
Gross domestic product 2020 (millions of Ranking Economy US dollars) USA 1 United States 20,936,600 CHN 2 China 14,722,731 JPN 3 Japan 5,064,873 DEU 4 Germany 3,806,060 GBR 5 United Kingdom 2,707,744 IND 6 India 2,622,984
The United States of America is the top country by real GDP in the world. As of 1st quarter 2021, real GDP in the United States of America was 4,557,191 million US dollars that accounts for 33.37% of the world's real GDP. The top 5 countries (others are China, Germany, France, and the United Kingdom) account for 73.09% of it.
- United States. The United States has been the world’s largest economy since 1871. The nominal GDP for the United States is $21.44 trillion. The U.S. GDP (PPP) is also $21.44 trillion.
- China. As the second-largest economy in the world, China has seen an average growth rate of 9.52% between 1989 and 2019. China is the second-largest economy considering nominal GDP, at $14.14 trillion, and the largest using GDP (PPP), which is $27.31 trillion.
- Japan. Japan has the third-largest economy in the world with a GDP of $5.15 trillion. Japan’s GDP (PPP) is $5.75 trillion. Japan’s economy is market-driven so businesses, production, and prices shift according to consumer demand, not governmental action.
- Germany. The German economy is the fourth-largest in the world with a GDP of $4.0 trillion. Germany has a GDP (PPP) of $4.44 trillion and a per capita GDP of $46,560, the 18th –highest in the world.
GDP - per capita (PPP) compares GDP on a purchasing power parity basis divided by population as of 1 July for the same year.
Tuvalu has the world's smallest national economy with a GDP (nominal) of approximately $48 million. In World Factbook estimates, Niue, a small island nation in the South Pacific Ocean, is the smallest economy with a GDP of $10 mn in the year 2003. 16 countries in 2020 have an economy above $1 trillion.