Projected GDP Ranking (2019-2023)

Source International Monetary Fund World Economic Outlook (October - 2018)
Date02 Apr 2018

This ranking is based on projection by International Monetary Fund (IMF) outlook October 2018 for year 2019 and 2023.

In 2019, Top ten countries in nominal terms would be : United States, China, Japan, Germany, India, France, United Kingdom, Italy, Brazil and Canada. In ppp terms, Top ten countries would be : China, United States, India, Japan, Germany, Russia, Indonesia, Brazil, United Kingdom and France. In top 10, Eight countries are common in both methods. Others two Italy and Canada are in top 10 on nominal basis, while Russia and Indonesia are in top 10 on ppp basis.

In both methods, United States and China would occupy first two place. US would be the largest economy of world on nominal basis where as China would be largest on ppp basis. US is ahead of China by $7310 billion in 2019. 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, India which is at 7th place in 2018, is projected to surpass United Kingdom and France in 2019 to become 5th largest economy of the world. France is also projected to overtake United Kingdom. Switzerland would move up to 19th by displacing Turkey. Among top 50, Rank of Iran would down by 10 followed by Argentina, down by 4 position. Bangladesh might overtake Pakistan.

In top 50 ppp ranking, Egypt, Netherlands, Bangladesh, Peru, and Czech Republic would move up by one position by displacing Australia, Netherlands, South Africa, Austria and Norway, resp. in 2019.

United States (1,8) is present in both list of top ten GDP and GDP per capita ranking at nominal terms. Germany (4,18), Canada (10,19), Australia (14,11), Netherlands (17,13) and Switzerland (19,3) 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), and Saudi Arabia (16,15).

GDP (Nominal) Ranking 2019
RankCountry/Economy GDP (Nominal) (billions of $)Growth (%) GDP per capita (Nominal) ($)Continent
2019% Sharediff2023Rank 2019Rank
43Pakistan298.310.3397.25407.3425.281,456156Asia
1United States21,482.4124.4-24,67112.5465,0628North America
2China14,172.2016.1731019,58126.1810,09972Asia
3Japan5,220.575.9389525,90830.9441,41826Asia
4Germany4,117.074.6711044,93741.8649,69218Europe
5India2,957.723.3611594,33057.442,188145Asia
6France2,844.703.231133,36461.6243,50021Europe
7United Kingdom2,809.913.1934.83,25771.4942,03623Europe
8Italy2,112.802.406972,39681.0334,78428Europe
9Brazil1,929.712.191832,35192.379,16075South America
10Canada1,820.362.071092,322102.0548,60119North America
11Korea1,699.681.931212,055112.5832,76630Asia
12Russia1,649.211.8750.51,818121.8011,46168Europe
13Spain1,474.121.671751,758142.2031,90633Europe
14Australia1,464.411.669.711,794132.7757,20411Oceania
15Mexico1,242.391.412221,527152.529,86673North America
16Indonesia1,066.841.211761,446165.123,971121Asia
17Netherlands933.181.061341,107172.6054,12913Europe
18Saudi Arabia795.580.903138889.5192.4323,49143Asia
19Switzerland731.140.83064.4873.6201.8285,1573Europe
20Turkey631.160.717100.0958.3180.377,61586Europe
21Taiwan Province of China626.720.7124.44774.0222.3626,51838Asia
22Poland581.290.66045.4787.7213.5115,31459Europe
23Sweden563.240.63918.1669.1242.2354,13512Europe
24Belgium545.190.61918.1637.9261.5447,53220Europe
25Thailand524.250.59520.9652.2253.867,57087Asia
26Austria469.660.53354.6559.3272.1552,47414Europe
27United Arab Emirates455.590.51714.1533.6293.6642,38422Asia
28Norway448.460.5097.12503.5312.0682,7734Europe
29Nigeria447.010.5081.45736.5232.262,244142Africa
30Argentina408.030.46339.0540.728-1.629,05576South America
31South Africa385.530.43822.5456.4361.406,60992Africa
32Hong Kong SAR380.860.4324.67479.2332.9350,56717Asia
33Ireland379.800.4311.06469.9344.0177,1606Europe
34Israel376.130.4273.67468.7353.4541,55925Asia
35Malaysia372.630.4233.50498.5324.6011,33969Asia
36Denmark362.150.41110.5438.1381.9462,04110Europe
37Singapore359.620.4082.53434.9392.5562,9849Asia
38Colombia355.160.4034.46422.6403.597,04990South America
39Philippines354.310.4020.85510.9306.633,246131Asia
40Islamic Republic of Iran333.600.37920.7382.443-3.614,006120Asia
41Bangladesh313.510.35620.1445.6377.101,882149Asia
42Chile305.560.3477.95377.7443.4116,27758South America
44Egypt298.150.3380.15414.8415.463,005134Africa
45Finland282.010.32016.1331.1481.7650,87916Europe
46Vietnam266.240.30215.8376.2456.502,788137Asia
47Czech Republic264.500.3001.74342.9463.0524,93840Europe
48Iraq250.070.28414.4299.0496.526,11799Asia
49Romania248.840.2831.23334.4473.4312,66964Europe
50Portugal242.830.2766.01283.8511.8023,73141Europe
World 88,081 108,712 11,673
GDP (PPP) Ranking 2019
RankCountry/Economy GDP (PPP) (billions of Int. $)Growth (%)GDP per capita (PPP) (Int. $) Continent
2019% Sharediff2023 Rank2019Rank
1China27,449.0519.2-37,19816.1819,55975Asia
2United States21,482.4115.0596724,67122.5465,06212North America
3India11,412.977.981006916,57537.448,443126Asia
4Japan5,806.724.0656066,38040.9446,06931Asia
5Germany4,555.473.1812515,18451.8654,98418Europe
6Russia4,345.363.042104,96671.8030,19856Europe
7Indonesia3,753.202.625924,96965.1213,969101Asia
8Brazil3,524.062.462294,14982.3716,72786South America
9United Kingdom3,144.552.203803,60991.4947,04230Europe
10France3,081.002.1563.63,541101.6247,11328Europe
11Mexico2,696.451.883853,256112.5221,41267North America
12Italy2,474.391.732222,748131.0340,73737Europe
13Turkey2,372.531.661022,808120.3728,62559Europe
14Korea2,241.561.571312,690142.5843,21232Asia
15Spain1,949.681.362922,249162.2042,19933Europe
16Saudi Arabia1,942.561.367.122,277152.4357,35815Asia
17Canada1,930.681.3511.92,227172.0551,54624North America
18Islamic Republic of Iran1,627.141.143041,88519-3.6119,54176Asia
19Thailand1,403.550.9812241,741203.8620,26873Asia
20Egypt1,396.980.9766.571,897185.4614,08199Africa
21Australia1,383.930.96713.11,654212.7754,06021Oceania
22Taiwan Province of China1,306.750.91377.21,525232.3655,29017Asia
23Poland1,270.560.88836.21,532223.5133,47246Europe
24Nigeria1,221.050.85349.51,452262.266,130137Africa
26Malaysia1,068.110.7461521,390274.6032,50251Asia
27Philippines1,041.130.72827.01,458256.639,538119Asia
28Netherlands1,018.970.71222.21,191282.6059,10514Europe
29Argentina922.950.64596.01,10930-1.6220,48272South America
30Bangladesh829.270.58093.71,172297.104,978143Asia
31South Africa819.090.57210.2948.1331.4014,042100Africa
32Colombia792.000.55327.1983.8323.5915,72091South America
33United Arab Emirates775.880.54216.1947.2343.6672,1828Asia
34Vietnam769.670.5386.211,067316.508,060128Asia
35Iraq733.930.51335.7878.6356.5217,95283Asia
36Algeria693.110.48440.8778.9362.7116,08688Africa
37Singapore582.550.407111698.4372.55102,0274Asia
38Switzerland573.360.4019.19660.1411.8266,78011Europe
39Belgium570.100.3983.26651.9421.5449,70525Europe
40Sweden566.770.3963.33660.5402.2354,47419Europe
41Romania543.170.38023.6663.5393.4327,65362Europe
42Kazakhstan534.670.3748.50663.8383.1328,53660Asia
43Hong Kong SAR508.830.35625.8618.6432.9367,55810Asia
44Chile507.940.3550.89617.2443.4127,05963South America
45Peru487.420.34120.5615.6454.1215,00093South America
46Austria484.070.3383.35553.2472.1554,08420Europe
47Czech Republic417.210.29266.9496.9493.0539,33738Europe
48Norway415.130.2902.07481.3512.0676,6217Europe
49Ukraine410.810.2874.32502.9482.749,683118Europe
50Ireland402.080.2818.73487.7504.0181,6866Europe
25Pakistan1,219.720.8521.331,493244.015,958140Asia
World 143,089 177,424 18,961