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List of continents by GDP

Source International Monetary Fund World Economic Outlook (October - 2024)
UN
Date13 Feb 2025
Top Statistics
IPL 2025
List of continents by gdp per capita
Top 10 largest economies by GDP
  • See Also:
  • » Continents by GDP per capita
  • » Asian countries by GDP
  • » African countries by GDP
  • » European countries by GDP
  • » North American countries by GDP
  • » South American countries by GDP
  • » Oceanian countries by GDP
  • View More Economy Statistics

Asia is the largest continental economy in the world. With $42.60 trillion in nominal terms, Asia accounts for 36.89% of the world's GDP. In PPP terms, its shares go close to 49% with international $100 trillion. North America has the 2nd highest continental economy in nominal terms, while Europe is the 2nd highest continental economy in PPP methods. Asia, North America, and Europe together share about 91.84% of the global economy on a nominal basis and 88.8% on a PPP basis. In nominal data, South America is in 4th position, while in PPP data, Africa is in 4th position. Oceania is the smallest continental economy in the world.

Northern America ($32.7 trillion) has the highest economy among subregions, followed by Eastern Asia ($27.19 trillion) and Western Europe ($11.84 trillion). These three subregions together share about 62.08% of the global economy. In PPP terms, Eastern Asia replaces Northern America at the top position, and Southern Asia replaces Western Europe at the 3rd position. Eastern Asia includes China and Japan, the 2nd and 3rd largest economies in the world. Northern America includes the United States, the largest economy in the world. Micronesia is the smallest subregion, followed by Polynesia, having just above $1 billion in GDP.

As per the UN, Asia's share had increased from 14.14% in 1970 to 36.25% in 2023. The contribution of South America and Oceania has also increased in the global economy. The share of Europe has declined from 44.52% in 1970 to 24.36% in 2023. Among subregions, Eastern Asia is the highest share gainer, from 9.07% in 1970 to 23.65% in 2023. Conversely, Eastern Europe lost the most: 20.66% in 1970 to 3.99% in 2023.

The grouping of continents and subregions is as per the United Nations Statistics Division.

  • GDP
  • Share (%)
  • Continent
  • Sub region
  • Nominal
  • PPP
Continents by gdp (IMF)
Continent GDP (Nominal) (billions of $) GDP (PPP) (billions of Int. $)
20242025Net changeShare(%) 20242025Net changeShare(%)
Asia39,870.15142,600.4812,730.33036.8994,157.452100,024.4825,867.03048.92
Africa2,793.3292,836.80143.4722.4610,185.46010,799.837614.3775.28
Europe27,072.66928,193.8581,121.18924.4142,064.32543,501.8771,437.55221.28
North America33,978.68235,276.3441,297.66230.5436,529.09337,987.6621,458.56918.58
South America4,253.3314,407.415154.0843.829,450.7869,887.912437.1264.84
Oceania2,098.0472,189.29891.2511.902,247.9702,337.60889.6381.14
World 110,064.915 115,494.312 5,429.397 194,568.527 204,472.657 9,904.130
Continents by gdp (UN)
Continent GDP (billions of $) Share (%)
197020002023 197020002023
Asia520.639,623.5338,407.1914.1428.4236.25
Africa116.69673.482,807.073.171.992.65
Europe1,638.989,735.6125,807.6444.5228.7524.36
North America1,234.6711,976.3432,586.6733.5435.3730.76
South America116.691,370.184,247.893.174.054.01
Oceania54.02480.542,087.011.471.421.97
World 3,682 33,860 105,943
Subregions by gdp (IMF)
Subregion GDP (Nominal) (billions of $) GDP (PPP) (billions of Int. $)
20242025Net changeShare(%) 20242025Net changeShare(%)
Southern Asia5,308.7445,787.008478.2645.0121,611.61823,262.5771,650.95911.38
Western Asia4,591.7044,810.895219.1914.179,297.7539,792.478494.7254.79
South-Eastern Asia3,984.5944,251.447266.8533.6812,227.03913,028.558801.5196.37
Eastern Asia25,467.25127,194.3641,727.11323.5549,473.49152,291.6322,818.14125.57
Central Asia517.858556.76738.9090.481,547.5511,649.237101.6860.81
Southern Africa443.638462.37118.7330.401,104.7571,145.08640.3290.56
Western Africa551.211571.03719.8260.492,562.7582,723.090160.3321.33
Northern Africa924.506911.384-13.1220.793,861.1204,092.199231.0792.00
Eastern Africa563.684563.180-0.5040.491,738.5351,873.573135.0380.92
Middle Africa297.406315.91118.5050.27883.700932.37548.6750.46
Southern Europe5,029.2095,262.374233.1654.567,985.8888,264.160278.2724.04
Western Europe11,352.05611,842.780490.72410.2514,366.53314,780.267413.7347.23
Northern Europe6,183.5516,430.781247.2305.577,504.1017,773.651269.5503.80
Eastern Europe4,507.8534,657.923150.0704.0312,207.80312,683.799475.9966.20
Northern America31,382.57532,667.4701,284.89528.2831,750.00733,029.2151,279.20816.15
Central America2,238.3272,232.453-5.8741.934,143.7544,293.350149.5962.10
Caribbean357.780376.42118.6410.33635.332665.09729.7650.33
South America4,253.3314,407.415154.0843.829,450.7869,887.912437.1264.84
Australia and New Zealand2,054.2422,144.06489.8221.862,181.7932,267.84586.0521.11
Melanesia40.56841.7711.2030.0462.23665.6003.3640.03
Polynesia1.6861.7970.1110.002.3232.4500.1270.00
Micronesia1.5511.6660.1150.001.6181.7130.0950.00
World 110,064.915 115,494.312 5,429.397 194,568.527 204,472.657 9,904.130
Subregions by gdp (UN)
Subregion GDP (billions of $) Share (%) Continent
197020002023 197020002023
Central Asia - 41.98441.12- 0.120.42Asia
Eastern Africa19.7582.71564.960.540.240.53Africa
Western Africa41.36119.89699.251.120.350.66Africa
Northern Africa24.74262.29850.250.670.770.80Africa
Middle Africa11.2844.57276.390.310.130.26Africa
Southern Africa19.56164.02416.220.530.480.39Africa
Eastern Asia333.817,298.5425,056.949.0721.5623.65Asia
Southern Asia98.44758.924,850.542.672.244.58Asia
South-Eastern Asia37.75626.693,791.181.031.853.58Asia
Western Asia50.63897.414,267.411.382.654.03Asia
Eastern Europe760.51659.864,226.7220.661.953.99Europe
Northern Europe214.892,524.075,899.805.847.455.57Europe
Southern Europe192.942,067.324,794.615.246.114.53Europe
Western Europe470.644,484.3610,886.5112.7813.2410.28Europe
Northern America1,162.8511,000.2329,874.3531.5832.4928.20North America
Central America54.49810.932,157.451.482.392.04North America
Caribbean17.33165.18554.860.470.490.52North America
South America116.691,370.184,247.893.174.054.01South America
Australia and New Zealand51.84464.572,027.801.411.371.91Oceania
Melanesia1.7711.0649.350.050.030.05Oceania
Polynesia0.344.318.370.010.010.01Oceania
Micronesia0.070.591.480.000.000.00Oceania
World 3,682 33,860 105,943
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