Statistics and charts

Projected GDP Ranking (2018-2023)

Source International Monetary Fund World Economic Outlook (April - 2018)
Date09 Jun 2018

This ranking is based on projection by International Monetary Fund (IMF) outlook April 2018 for year 2018 and 2023.

In 2018, Top ten countries in nominal terms are : United States, China, Japan, Germany, United Kingdom, France, India, Italy, Brazil and Canada. In ppp terms, Top ten countries are : China, United States, India, Japan, Germany, Russia, Indonesia, Brazil, United Kingdom and France. In top 10, Eight countries are common in both method. Others two Italy and Canada are in top 10 on nominal basis, while Russia and Indonesia are in top 10 on ppp basis. Contribution of top ten economies is 67.1 percent and 61.54 percent of total global wealth in nominal and ppp terms, respectively.

In both methods, United States and China occupied first two place. US is the largest economy of world on nominal basis where as China is largest on ppp basis. US is ahead of China by $6320 billion in 2018. This margin may come down to $2963 in 2023. China has overtook US in 2014 on ppp basis. 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 ranking, Gap between United Kingdom, France and India (5th to 7th) is very low, so India as a fast growing nation may overtake them within 1-2 year.

Among top 10 economies, India has very low per capita income having 142th position in nominal and 126th position in ppp ranking. next lower ranked economy is china at 72th place in nominal and Indonesia at 99th place in ppp terms.

United States (1,9) is present in both list of top ten GDP and GDP per capita ranking at nominal terms. Germany (4,17), Canada (10,20), Australia (14,11), Netherlands (17,13) and Switzerland (20,2) are in top twenty list of both ranking. In PPP, no economy in top ten in both ranking. Four economies in both list of top 20: United States (2,12), Germany (5,18), Saudi Arabia (17,15) and Australia (19,20).

GDP (Nominal) Ranking 2018
RankCountry/Economy< GDP (Nominal) (billions of $)Growth (%) GDP per capita (Nominal) ($)Continent
2018% Sharediff2023Rank 2018Rank
45Egypt253.250.28927.0367.6444.232611135Africa
41Pakistan324.730.2893.25471.4375.281615151Asia
1United States20,412.8723.3-24,53712.2762,1529North America
2China14,092.5116.1632021,57426.8610,08872Asia
3Japan5,167.055.9089255,96231.7140,84925Asia
4Germany4,211.644.819555,27242.5150,84217Europe
5United Kingdom2,936.293.3612753,47771.7944,17723Europe
6France2,925.103.3411.23,58661.8544,93421Europe
7India2,848.233.2576.94,66356.742,135142Asia
8Italy2,181.972.496662,55491.4735,91427Europe
9Brazil2,138.922.4443.12,71780.9810,22471South America
10Canada1,798.512.063402,434103.0048,46620North America
11Russia1,719.901.9778.61,974121.5511,94765Europe
12Korea1,693.251.9426.72,155113.0932,77529Asia
13Spain1,506.441.721871,875143.0532,55931Europe
14Australia1,500.261.716.181,958132.2759,65511Oceania
15Mexico1,212.831.392871,586152.049,72374North America
16Indonesia1,074.971.231381,549165.074,052116Asia
17Netherlands945.331.081301,168183.1155,18513Europe
18Turkey909.891.0435.41,224177.0511,11468Asia
19Saudi Arabia748.000.855162866.021-0.7422,65042Asia
20Switzerland741.690.8486.32929.3191.0786,8352Europe
21Argentina625.920.715116831.7222.8614,04460South America
22Poland614.190.70211.7793.2234.5516,18055Europe
23Taiwan Province of China613.300.7010.90659.6262.7925,97737Asia
24Sweden600.770.68712.5745.0242.4058,34512Europe
25Belgium562.230.64338.5685.8251.7149,27218Europe
26Thailand483.740.55378.5649.9273.906,99285Asia
27Austria477.670.5466.07595.4282.9053,76414Europe
28Norway443.250.50734.4520.6311.8182,7115Europe
29Islamic Republic of Iran418.880.47924.4472.3364.285,086102Asia
30United Arab Emirates411.830.4717.05515.4320.5339,48426Asia
31Nigeria408.610.4673.21873.9200.822,108143Africa
32Ireland385.140.44023.5505.6337.8180,6416Europe
33Israel373.750.42711.4482.1353.3242,11524Asia
34South Africa370.890.4242.86455.8391.326,45991Africa
35Denmark369.760.4231.13465.4382.1163,8308Europe
36Malaysia364.920.4174.84568.0295.9011,23767Asia
37Hong Kong SAR364.780.4170.14489.8343.8248,82919Asia
38Singapore349.660.40015.1437.8413.6261,76710Asia
39Philippines332.450.38017.2523.0306.673,095131Asia
40Colombia327.980.3754.47435.0421.776,58189South America
42Finland289.560.33135.2356.8472.9952,42215Europe
43Bangladesh285.820.3273.74444.2407.141,734150Asia
44Chile280.270.3205.55359.8451.4715,08758South America
46Czech Republic251.580.2881.67358.2464.2923,75040Europe
47Portugal248.890.2842.69301.8502.6724,23739Europe
48Romania245.590.2813.30350.6487.0012,57563Europe
49Vietnam240.780.2754.81373.8436.812,546137Asia
50Peru231.570.2659.21311.2492.517,19984South America
World 87,505 114,353 11,727
GDP (PPP) Ranking 2018
RankCountry/Economy< GDP (PPP) (billions of Int. $)Growth (%)GDP per capita (PPP) (Int. $) Continent
2018% Sharediff2023 Rank2018Rank
1China25,238.5618.7-37,06716.8618,06679Asia
2United States20,412.8715.1482624,53722.2762,15212North America
3India10,385.437.691002716,78536.747,784126Asia
4Japan5,619.494.1647666,35841.7144,42631Asia
5Germany4,373.953.2412465,17152.5152,80118Europe
6Russia4,168.883.092054,93371.5528,95854Europe
7Indonesia3,492.212.596775,03365.0713,16299Asia
8Brazil3,388.962.511034,16880.9816,19984South America
9United Kingdom3,028.572.243603,59891.7945,56628Europe
10France2,960.252.1968.33,544101.8545,47429Europe
11Mexico2,571.681.913893,267112.0420,61768North America
12Italy2,399.831.781722,755131.4739,50035Europe
13Turkey2,320.641.7279.23,053127.0528,34755Asia
14Korea2,138.241.581822,693143.0941,38832Asia
15Spain1,864.111.382742,240173.0540,29033Europe
16Canada1,847.081.3717.02,216183.0049,77524North America
17Saudi Arabia1,844.751.372.332,25016-0.7455,85915Asia
18Islamic Republic of Iran1,749.431.3095.32,356154.2821,24167Asia
19Australia1,312.530.9724371,653212.2752,19120Oceania
20Thailand1,310.570.9711.961,721203.9018,94475Asia
22Taiwan Province of China1,234.860.91557.91,498242.7952,30519Asia
23Poland1,193.110.88441.81,517234.5531,43048Europe
24Nigeria1,168.400.86624.71,417260.826,027134Africa
26Malaysia1,002.060.7421391,397275.9030,85850Asia
27Netherlands966.740.71635.31,176293.1156,43614Europe
28Argentina959.530.7117.211,235282.8621,52966South America
29Philippines955.220.7084.311,466256.678,893120Asia
30South Africa794.710.589161954.1331.3213,84093Africa
31Bangladesh751.950.55742.81,159307.144,561144Asia
32Colombia750.280.5561.67980.4321.7715,05589South America
33United Arab Emirates716.170.53134.1916.0340.5368,6628Asia
34Vietnam705.770.52310.41,062316.817,463127Asia
35Iraq694.650.51511.1883.935-0.8017,42982Asia
36Algeria666.960.49427.7783.8361.9915,75886Africa
37Singapore554.860.411112694.4373.6298,0144Asia
38Belgium550.660.4084.19652.6401.7148,25825Europe
39Sweden546.530.4054.13663.5392.4053,07817Europe
40Switzerland541.350.4015.18649.2411.0763,38011Europe
41Romania517.510.38323.8664.9387.0026,49960Europe
42Kazakhstan503.890.37313.6645.6423.9927,29358Asia
43Hong Kong SAR482.100.35721.8616.3433.8264,53310Asia
44Chile476.820.3535.29610.5441.4725,66862South America
45Austria461.430.34215.4548.5472.9051,93621Europe
46Peru450.150.33311.3599.2452.5113,99492South America
47Czech Republic397.730.29552.4497.0494.2937,54639Europe
48Norway396.920.2940.81479.6511.8174,0657Europe
49Ukraine389.200.2887.72512.5482.539,215118Europe
50Ireland381.720.2837.48491.9507.8179,9255Europe
21Egypt1,292.750.90217.81194.232,611135Africa
25Pakistan1,141.210.79627.21225.281,615151Asia
World 134,981 178,018 18,089