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List of Oceanian countries by GDP

Source International Monetary Fund World Economic Outlook (October - 2025)
Date23 Nov 2025
Top Statistics
IPL 2025
List of continents by gdp per capita
Top 10 largest economies by GDP
  • See Also:
  • » Oceanian countries by GDP per capita
  • » Oceanian countries by Population
  • » Asian countries by GDP
  • » African countries by GDP
  • » European countries by GDP
  • » North American countries by GDP
  • » South American countries by GDP
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Australia is the largest economy in Oceania, followed by New Zealand and Papua New Guinea. These three together hold a huge 99.4% share of the Oceanian economy. Tuvalu has the smallest economy in Oceania.

One economy of Oceania would have a GDP above $1 trillion, and two would have an economy above $100 billion. None of the Oceanian economies are in the top ten largest economies globally, and only one is within the top 50 world GDP rankings.

The nominal GDP of all 14 economies would increase in 2025 compared to 2024. Australia ($34 bn) is the top contributor.

In PPP data, one economy in Oceania would have a GDP above Int. $1 trillion, and two would have an economy above Int. $100 billion. Only one Oceanian economy, Australia, is in the top 50 world GDP rankings.

None of the Oceanian economies would see a decrease in 2025 compared to 2024. Australia (Int. $81 bn) and New Zealand (Int. $9.45 bn) would be the top gainers.

Nine economies have higher GDP on a PPP basis, and five have higher on a nominal basis. Fiji has the highest PPP to nominal ratio of 2.40, while Nauru has the lowest figure of 0.86.

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  • Nominal
  • Change in Nominal
GDP (Nominal)
Country/Economy GDP (billions of $) Share (%) Rank
20242025ChangeOceaniaWorld OceaniaWorld
Australia1,839.9612,123.963284.00285.61.68112
Fiji, Republic of6.0416.3520.3110.2960.005034160
Kiribati0.3490.4010.0520.01500.0003211191
Marshall Islands, Republic of the0.3080.3420.0340.01410.0002712193
Micronesia, Federated States of0.5020.5210.0190.02320.000419190
Nauru, Republic of0.1760.1960.0200.008040.0001613194
New Zealand258.832278.63619.80412.30.221254
Palau, Republic of0.3450.3770.0320.01590.0003010192
Papua New Guinea32.49134.4031.9121.530.02723115
Samoa1.2881.3760.0880.05840.001096184
Solomon Islands1.7041.8360.1320.08910.001455180
Tonga0.6800.7160.0360.02750.000578189
Tuvalu0.0580.0650.0070.002710.0000514195
Vanuatu1.3161.3960.0800.05230.001117183
Oceania 2,097.523 2,138.014 40.491 1.82
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  • PPP
  • Change in PPP
GDP (PPP)
Country/Economy GDP (billions of Int. $) Share (%) Rank PPP/Nom
20242025ChangeOceaniaWorld OceaniaWorld
Australia2,000.2562,098.88898.63284.30.9421220.988
Fiji, Republic of15.25216.0700.8180.6470.0072141582.530
Kiribati0.4860.5150.0290.02040.0002391901.284
Marshall Islands, Republic of the0.2820.3010.0190.01200.00014121930.880
Micronesia, Federated States of0.4610.4780.0170.01920.00021101910.917
Nauru, Republic of0.1430.1500.0070.006300.00007131940.765
New Zealand297.264312.29715.03312.60.1402691.121
Palau, Republic of0.3400.3610.0210.01420.00016111920.958
Papua New Guinea48.82252.1053.2832.050.023431351.515
Samoa1.7871.8970.1100.07450.0008561841.379
Solomon Islands2.0722.1900.1180.09210.0009851831.193
Tonga0.7980.8400.0420.03410.0003881891.173
Tuvalu0.0610.0640.0030.002600.00003141950.985
Vanuatu1.3171.4020.0850.04550.0006371881.004
Oceania 2,254.200 2,349.536 95.336 1.12 1.099
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