Statistics and charts

World GDP (nominal) Ranking

Source International Monetary Fund World Economic Outlook (April-2015)
Date21 Apr 2015

GDP is the total market value of all final goods and services produced in a country in a given year. In Nominal method, market exchange rates are used for conversion.

United States is largest economy of world at nominal (exchange rate) basis. With economy of around $17.4 trillion, United States holds a 22.53 percent share of global GDP in nominal terms. GDP of United states is $7039 billion more than second ranked China. China contributes 13.43% of total world economic output. Despite loosing $303 billion in 2014, Japan is still at number 3. Japan is now ahead of Germany by $757 billion. Top ten countries are : United States, China, Japan, Germany, France, United Kingdom, Brazil, Italy, Russia and India.

In the list of 10 largest economies, five countries are located in Europe continent, three are in Asia and one each is in South America and North America continent.

United States and China contributes 35.96% of world's GDP. Top 3 countries contributes 41.93% of world's GDP. Top 5 countries shares 50.74% of world's GDP. Top 10 countries contributes 65.3% of world's GDP.

Change in Top 10: United Kingdom is now 5th largest economy of world, moving ahead of France. GDP of United Kingdom is increased by $265 billions, but France gains only $40 billion. Another interchange took place between India and Russia. India is now 9th largest economy of the world.

Change in Top 11-20: Economy of Canada and Australia has shrinked by $50 billion and $58 billion in 2014. But ranks of both country is still 11th and 12th, respectively. Displacing Spain, Korea is now at 13th position. Next in line come, Mexico, Netherlands, Indonesia, Turkey, Saudi Arabia and Switzerland.

Continent-wise - Top 3: Asia : 1. China, 2. Japan, 3. India. Europe : 1. Germany, 2. United Kingdom, 3. France. North America : 1. United States, 2. Canada, 3. Mexico. South America : 1. Brazil, 2. Argentina, 3. Colombia. Africa : 1. Nigeria, 2. South Africa, 3. Egypt. Oceania : 1. Australia, 2. New Zealand, 3. Papua New Guinea.

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RankCountry GDP (billions of $)% ShareContinent
20132014
1United States16,768.05017,418.92522.53%North America
2China9,469.12510,380.38013.43%Asia
3Japan4,919.5644,616.3355.97%Asia
4Germany3,731.4273,859.5474.99%Europe
5United Kingdom2,680.1232,945.1463.81%Europe
6France2,807.3062,846.8893.68%Europe
7Brazil2,391.0292,353.0253.04%South America
8Italy2,137.6152,147.9522.78%Europe
9India1,875.1572,049.5012.65%Asia
10Russia2,079.1341,857.4612.40%Europe
11Canada1,838.9641,788.7172.31%North America
12Australia1,501.8831,444.1891.87%Oceania
13Korea1,304.4681,416.9491.83%Asia
14Spain1,393.4761,406.8551.82%Europe
15Mexico1,262.2501,282.7251.66%North America
16Indonesia912.502888.6481.15%Asia
17Netherlands853.806866.3541.12%Europe
18Turkey821.918806.1081.04%Europe
19Saudi Arabia744.336752.4590.97%Asia
20Switzerland685.871712.0500.92%Europe
21Nigeria521.812573.6520.74%Africa
22Sweden579.526570.1370.74%Europe
23Poland526.031546.6440.71%Europe
24Argentina622.054540.1640.70%South America
25Belgium524.970534.6720.69%Europe
26Taiwan Province of China511.280529.5500.69%Asia
27Norway522.349500.2440.65%Europe
28Austria428.456437.1230.57%Europe
29Islamic Republic of Iran380.348404.1320.52%Asia
30United Arab Emirates402.340401.6470.52%Asia
31Colombia378.415384.9010.50%South America
32Thailand387.253373.8040.48%Asia
33South Africa366.236350.0820.45%Africa
34Denmark335.878340.8060.44%Europe
35Malaysia313.158326.9330.42%Asia
36Singapore302.246308.0510.40%Asia
37Israel290.551303.7710.39%Asia
38Hong Kong SAR274.859289.6280.37%Asia
39Egypt271.427286.4350.37%Africa
40Philippines272.067284.9270.37%Asia
41Finland268.281271.1650.35%Europe
42Chile276.586257.9680.33%South America
43Pakistan232.757250.1360.32%Asia
44Ireland232.150246.4380.32%Europe
45Greece242.306238.0230.31%Europe
46Portugal224.983230.0120.30%Europe
47Iraq232.497221.1300.29%Asia
48Algeria208.764214.0800.28%Africa
49Kazakhstan231.876212.2600.27%Asia
50Qatar203.235210.0020.27%Asia
-World 75,470.92477,301.958
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