Projected GDP Ranking

Source International Monetary Fund World Economic Outlook (October - 2019)
Date20 Feb 2020

As of 2020, United States and China would occupy first two places in world gdp ranking of both methods. On nominal basis, US is ahead of China by $7.05 trillion. while on ppp basis, China is ahead by almost equal margin of Int. $7.15. Margin between US and China is coming down in nominal ranking as China gdp growth rate of 2020 (5.82%) is much higher than US's 2.09%. China has overtook US in 2014 on ppp basis and gap is increasing. China will remain the world's largest economy on ppp basis over the next few decades as 2nd ranked US is growing slow and 3rd ranked India is way behind.

In nominal gdp list, 3rd biggest Japan and 4th biggest Germany would remain stable and India will consolidate its position at 5th place surpassing United Kingdom and France in 2019 as lead of India would become $431 mn and growth rate are much higher than these two. Year 2020 might see change in top 10 as France is projected to overtake United Kingdom. Other change in top 20 would be Turkey overtaking Saudi Arabia. Among top 50, Economic rank of Philippines would move up by 3.

In ppp ranking, there might be two changes in top 20 with Saudi Arabia and Egypt surpassing Canada and Iran. Vietnam would up by two position in global ranking.

In the list of top 50, Bangladesh is fastest growing with 7.45% followed by Vietnam, Philippines and China growing above 6 percent. Argentina has lowest growth rate of -1.28% followed by Islamic Republic of Iran.

United States (1,7) is present in both list of top ten GDP and GDP per capita ranking at nominal terms. Germany (4,17), Canada (10,19), Australia (14,12), Netherlands (17,11) and Switzerland (20,2) are in top twenty list of GDP and GDP per capita ranking. In PPP, no economy in top ten in both ranking. Three economies are in both list of top 20: United States (2,11), Germany (5,20), and Saudi Arabia (17,16).

GDP (Nominal) Ranking
Country/Economy GDP (Nominal) (billions of $) Growth (%) GDP per capita (Nominal) ($) Continent
2019Rank2020RankSharediff 20202020Rank
Pakistan284.2144259.92480.287 %1.812.351,246162Asia
United States21,439.45122,321.76124.7 %-2.0067,4277North America
China14,140.16215,269.94216.9 %70526.0010,87369Asia
Japan5,154.4835,413.0535.98 %98570.7043,04322Asia
Germany3,863.3443,982.2444.40 %14311.1047,99217Europe
India2,935.5753,202.1853.54 %7805.802,338144Asia
France2,707.0772,771.6263.06 %4311.2642,64423Europe
United Kingdom2,743.5962,716.5373.00 %55.11.4540,39225Europe
Italy1,988.6482,013.6782.22 %7030.5433,43127Europe
Brazil1,847.0291,893.0192.09 %1212.208,95680South America
Canada1,730.91101,812.46102.00 %80.61.8047,93119North America
Russia1,637.89111,657.54111.83 %1551.8711,30568Europe
Korea1,629.53121,626.55121.80 %31.02.2231,24631Asia
Spain1,397.87131,440.40131.59 %1861.6030,73432Europe
Australia1,376.26141,375.45141.52 %65.02.2652,95212Oceania
Mexico1,274.18151,322.49151.46 %53.01.0010,40670North America
Indonesia1,111.71161,204.83161.33 %1185.074,465114Asia
Netherlands902.3617930.99171.03 %2741.6453,87311Europe
Turkey743.7119813.81180.899 %1172.999,68475Europe
Saudi Arabia779.2918783.34190.865 %30.51.9022,53343Asia
Switzerland715.3620749.42200.828 %33.91.2686,6742Europe
Poland565.8522606.73210.670 %1433.0815,98859Europe
Taiwan Province of China586.1021603.03220.666 %3.701.9325,52638Asia
Thailand529.1823557.31230.616 %45.73.018,19485Asia
Sweden528.9324540.79240.597 %16.51.4651,89213Europe
Belgium517.6125529.55250.585 %11.21.3045,98020Europe
Nigeria446.5428494.83260.547 %34.72.522,400141Africa
Islamic Republic of Iran458.5026463.08270.512 %31.80.055,503103Asia
Austria447.7227462.57280.511 %0.501.7051,33014Europe
Argentina445.4729443.25290.490 %19.3-1.289,73174South America
Norway417.6330422.06300.466 %21.22.4478,3335Europe
United Arab Emirates405.7731414.02310.457 %8.042.5237,37526Asia
Israel387.7232410.50320.453 %3.523.0744,47421Asia
Ireland384.9433402.05330.444 %8.453.5080,2653Europe
Hong Kong SAR372.9934385.27340.426 %16.81.4650,46016Asia
Philippines356.8138383.48350.424 %1.796.183,485127Asia
Malaysia365.3035381.52360.421 %1.964.4011,48567Asia
South Africa358.8437369.85370.409 %11.70.806,19396Africa
Singapore362.8236369.63380.408 %0.230.9964,8299Asia
Denmark347.1839360.51390.398 %9.121.9161,73310Europe
Egypt302.2642353.00400.390 %7.505.873,478128Africa
Bangladesh317.4741347.99410.384 %5.017.452,068148Asia
Colombia327.9040343.18420.379 %4.813.656,74492South America
Chile294.2443308.51430.341 %34.73.0215,85560South America
Vietnam261.6446284.85440.315 %23.76.502,955134Asia
Finland269.6545280.71450.310 %4.141.4750,77415Europe
Romania243.7048261.87460.289 %18.83.5013,41462Europe
Czech Republic246.9547261.73470.289 %0.142.6224,56941Europe
Portugal236.4149243.23490.269 %16.71.6023,73142Europe
Peru228.9950240.18500.265 %3.053.627,31789South America
World 86,599 90,520 3.3011,856
GDP (PPP) Ranking
Country/Economy GDP (PPP) (billions of Int. $) Growth (%) GDP per capita (PPP) (Int. $) Continent
2019Rank2020RankSharediff 20202020Rank
China27,308.86129,471.47119.7 %-6.0020,98471Asia
United States21,439.45222,321.76214.9 %71502.0067,42711North America
India11,325.67312,362.8138.27 %99595.809,027122Asia
Japan5,747.5045,888.9143.94 %64740.7046,82731Asia
Germany4,444.3754,589.1253.07 %13001.1055,30620Europe
Russia4,349.4264,518.7263.02 %70.41.8730,82055Europe
Indonesia3,737.4874,004.9972.68 %5145.0714,84198Asia
Brazil3,456.3683,596.8482.41 %4082.2017,01687South America
United Kingdom3,131.2093,239.5892.17 %3571.4548,16930Europe
France3,061.14103,161.34102.11 %78.21.2648,64028Europe
Mexico2,627.85112,715.04111.82 %4461.0021,36368North America
Italy2,442.77122,504.63121.67 %2100.5441,58236Europe
Turkey2,346.58132,464.61131.65 %40.02.9929,32759Europe
Korea2,319.59142,418.10141.62 %46.52.2246,45232Asia
Spain1,940.54152,015.61151.35 %4021.6043,00833Europe
Saudi Arabia1,898.51171,978.48161.32 %37.11.9056,91217Asia
Canada1,899.94161,971.77171.32 %6.711.8052,14423North America
Egypt1,391.26191,502.13181.00 %4705.8714,80099Africa
Islamic Republic of Iran1,470.66181,500.54191.00 %1.590.0517,83283Asia
Thailand1,383.02201,452.88200.972 %47.73.0121,36169Asia
Australia1,364.84211,423.42210.952 %29.52.2654,79922Oceania
Poland1,286.92231,352.93220.905 %70.53.0835,65146Europe
Taiwan Province of China1,300.21221,351.65230.904 %1.281.9357,21415Asia
Nigeria1,216.80241,272.23240.851 %79.42.526,172138Africa
Malaysia1,078.54261,148.34260.768 %1064.4034,56748Asia
Philippines1,025.76271,110.80270.743 %37.56.1810,094115Asia
Netherlands1,005.27281,042.03280.697 %68.81.6460,29914Europe
Bangladesh837.5930917.81290.614 %1247.455,453142Asia
Argentina903.5429909.67300.608 %8.14-1.2819,97174South America
Vietnam770.2333836.57310.559 %73.16.508,678126Asia
South Africa809.0331834.00320.558 %2.580.8013,965102Africa
Colombia783.0032827.66330.553 %6.333.6516,26589South America
United Arab Emirates746.3534780.31340.522 %47.42.5270,4428Asia
Iraq705.0635752.68350.503 %27.64.6818,75581Asia
Algeria681.4036711.64360.476 %41.02.4116,09190Africa
Singapore585.0637602.59370.403 %1090.99105,6894Asia
Belgium567.4938586.28380.392 %16.31.3050,90525Europe
Switzerland565.6539584.14390.391 %2.141.2667,55810Europe
Sweden563.8840583.48400.390 %0.661.4655,98918Europe
Romania546.5941576.95410.386 %6.533.5029,55558Europe
Kazakhstan537.6642569.81420.381 %7.133.9230,17857Asia
Chile502.8543528.30430.353 %41.53.0227,15062South America
Hong Kong SAR490.8844507.95440.340 %20.31.4666,52812Asia
Peru478.3046505.45450.338 %2.503.6215,39993South America
Austria479.3645497.19460.332 %8.261.7055,17221Europe
Ireland412.8048435.73470.291 %61.53.5086,9885Europe
Czech Republic413.1247432.35480.289 %3.382.6240,58539Europe
Ukraine409.2650429.95490.288 %2.403.0110,310114Europe
Norway410.7149429.09500.287 %0.862.4479,6387Europe
Pakistan1,202.09251,254.77250.839 %17.52.356,016139Asia
World 141,860 149,534 3.3019,584