Projected GDP Ranking

Source	International Monetary Fund World Economic Outlook (October - 2020)
Date	20 Nov 2020

Top Statistics

Coronavirus Pandemic (COVID-19)

United States vs China by population

World GDP per capita

As of 2020, the United States and China would occupy the first two places in the world gdp ranking of both methods. The US and China's margin is coming down in nominal ranking as China's gdp growth rate of 2020 (1.85%) is much higher than the US's -4.27%. On a nominal basis, the US is ahead of China by $5.59 trillion in 2020 compared to $6.70 trillion in 2019. On a ppp basis, China has overtaken the US in 2016 and ahead by Int. $3.36 trillion, and the gap is increasing. China will remain the world's largest economy on a ppp basis over the next few decades as 2nd ranked US is growing slow and 3rd ranked India is way behind.

In nominal gdp list, 3rd biggest Japan and 4th biggest Germany would remain stable. The United Kingdom might overtake India for 5th place. Korea will replace Brazil in the top 10 list. Brazil's rank will be down by three positions as Canada, Korea, and Russia will surpass it. Other changes in the top 20 would be Australia overtaking Spain, Indonesia overtaking Mexico, and Switzerland overtaking Saudi Arabia and Turkey. Among the top 50, Egypt's Economic rank would move up by nine positions, and the United Arab Emirates would lose five places.

In ppp ranking, Brazil will surpass the United Kingdom and France. Other changes in the top 20 would be Mexico overtaking Italy and Canada overtaking Spain. Egypt will enter the top 20 lists replacing Thailand. Vietnam would up by four positions in the global ranking.

In the list of top 50, five economies will experience a positive growth rate in 2020. Bangladesh is the fastest growing economy with 3.80%, followed by Egypt, China, Vietnam, and Taiwan. Peru has the lowest growth rate of -13.94%, followed by Spain. Among the top 10 largest economies, China is the only economy with a positive gdp growth rate, followed by Korea with the 2nd best figure of -1.88%. Italy and India will see a double-digit contraction.

United States (1,5) is present in both lists of the top ten GDP and GDP per capita ranking at nominal terms. Germany (4,15), Canada (9,18), Australia (13,10), Netherlands (17,11), and Switzerland (18,2) are in the top twenty list of GDP and GDP per capita ranking. In PPP, United States (2,7) is present in the top ten of both rankings. Germany (5,18) and Australia (18,20) are in the top twenty list.

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GDP (Nominal) Ranking
Country/Economy	GDP (Nominal) (billions of $)						Growth (%)	GDP per capita (Nominal) ($)		Continent
Country/Economy	2019	Rank	2020	Rank	Share (%)	diff	2020	2020	Rank	Continent
Pakistan	276.11	45	262.80	45	0.313	2.14	-0.385	1,260	160	Asia
United States	21,433.23	1	20,807.27	1	24.8	-	-4.27	63,051	5	North America
China	14,731.81	2	15,222.16	2	18.2	5,585	1.85	10,839	64	Asia
Japan	5,079.92	3	4,910.58	3	5.86	10,312	-5.27	39,048	23	Asia
Germany	3,861.55	4	3,780.55	4	4.51	1,130	-5.98	45,466	15	Europe
United Kingdom	2,830.76	6	2,638.30	5	3.15	1,142	-9.76	39,229	22	Europe
India	2,868.93	5	2,592.58	6	3.09	45.7	-10.29	1,877	148	Asia
France	2,715.82	7	2,551.45	7	3.04	41.1	-9.76	39,257	21	Europe
Italy	2,001.47	8	1,848.22	8	2.20	703	-10.65	30,657	27	Europe
Canada	1,736.43	10	1,600.26	9	1.91	248	-7.14	42,080	18	North America
Korea	1,646.74	12	1,586.79	10	1.89	13.5	-1.88	30,644	28	Asia
Russia	1,702.50	11	1,464.08	11	1.75	123	-4.12	9,972	66	Europe
Brazil	1,839.08	9	1,363.77	12	1.63	100	-5.80	6,450	88	South America
Australia	1,387.09	14	1,334.69	13	1.59	29.1	-4.16	51,885	10	Oceania
Spain	1,394.27	13	1,247.46	14	1.49	87.2	-12.83	26,832	33	Europe
Indonesia	1,120.14	16	1,088.77	15	1.30	159	-1.50	4,038	114	Asia
Mexico	1,258.21	15	1,040.37	16	1.24	48.4	-8.95	8,069	76	North America
Netherlands	907.15	17	886.34	17	1.06	154	-5.40	51,290	11	Europe
Switzerland	704.83	20	707.87	18	0.844	178	-5.30	81,867	2	Europe
Saudi Arabia	792.97	18	680.90	19	0.812	27.0	-5.44	19,587	44	Asia
Turkey	760.94	19	649.44	20	0.775	31.5	-4.99	7,715	78	Europe
Taiwan Province of China	610.69	21	635.55	21	0.758	13.9	0.05	26,910	32	Asia
Islamic Republic of Iran	583.70	23	610.66	22	0.728	24.9	-4.99	7,257	83	Asia
Poland	592.40	22	580.89	23	0.693	29.8	-3.56	15,304	52	Europe
Sweden	530.88	25	529.05	24	0.631	51.8	-4.72	50,339	12	Europe
Thailand	543.56	24	509.20	25	0.607	19.9	-7.15	7,295	82	Asia
Belgium	529.67	26	503.42	26	0.600	5.78	-8.26	43,814	17	Europe
Nigeria	448.12	27	442.98	27	0.528	60.4	-4.28	2,149	142	Africa
Austria	446.31	28	432.89	28	0.516	10.1	-6.72	48,634	13	Europe
Ireland	398.47	32	399.06	29	0.476	33.8	-3.00	79,669	3	Europe
Israel	394.65	33	383.43	30	0.457	15.6	-5.89	41,560	20	Asia
Argentina	444.46	29	382.76	31	0.457	0.67	-11.78	8,433	74	South America
Philippines	376.80	34	367.36	32	0.438	15.4	-8.26	3,373	125	Asia
Norway	403.34	31	366.39	33	0.437	0.98	-2.83	67,989	4	Europe
Egypt	302.34	43	361.88	34	0.432	4.51	3.55	3,561	120	Africa
United Arab Emirates	421.14	30	353.90	35	0.422	7.98	-6.57	31,948	26	Asia
Hong Kong SAR	365.71	36	341.32	36	0.407	12.6	-7.47	45,176	16	Asia
Vietnam	329.54	40	340.60	37	0.406	0.72	1.60	3,498	121	Asia
Denmark	347.03	39	339.63	38	0.405	0.98	-4.50	58,439	7	Europe
Singapore	372.07	35	337.45	39	0.402	2.17	-6.00	58,484	6	Asia
Malaysia	364.68	37	336.33	40	0.401	1.12	-6.00	10,192	65	Asia
Bangladesh	302.53	42	317.77	41	0.379	18.6	3.80	1,888	147	Asia
South Africa	351.35	38	282.59	42	0.337	35.2	-8.00	4,736	99	Africa
Finland	269.33	46	267.86	43	0.319	14.7	-3.98	48,461	14	Europe
Colombia	323.56	41	264.93	44	0.316	2.92	-8.18	5,207	95	South America
Romania	250.08	48	248.62	46	0.297	14.2	-4.80	12,813	59	Europe
Chile	282.25	44	245.41	47	0.293	3.21	-6.00	12,612	60	South America
Czech Republic	250.68	47	241.98	48	0.289	3.44	-6.50	22,627	39	Europe
Portugal	237.71	49	221.72	49	0.264	20.3	-10.00	21,608	41	Europe
Peru	230.74	50	195.76	50	0.233	26.0	-13.94	5,845	91	South America
World	87,552		83,845				-4.36	10,954

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GDP (PPP) Ranking
Country/Economy	GDP (PPP) (billions of Int. $)						Growth (%)	GDP per capita (PPP) (Int. $)		Continent
Country/Economy	2019	Rank	2020	Rank	Share	diff	2020	2020	Rank	Continent
China	23,393.00	1	24,162.44	1	18.6 %	-	1.85	17,206	77	Asia
United States	21,433.23	2	20,807.27	2	16.0 %	3,355	-4.27	63,051	7	North America
India	9,542.26	3	8,681.30	3	6.67 %	12,126	-10.29	6,284	129	Asia
Japan	5,450.65	4	5,236.14	4	4.02 %	3,445	-5.27	41,637	31	Asia
Germany	4,672.01	5	4,454.50	5	3.42 %	782	-5.98	53,571	18	Europe
Russia	4,135.99	6	4,021.73	6	3.09 %	433	-4.12	27,394	54	Europe
Indonesia	3,331.87	7	3,328.29	7	2.56 %	693	-1.50	12,345	99	Asia
Brazil	3,222.99	10	3,078.90	8	2.36 %	249	-5.80	14,563	87	South America
United Kingdom	3,254.85	8	2,978.56	9	2.29 %	100	-9.76	44,288	28	Europe
France	3,228.04	9	2,954.20	10	2.27 %	24.4	-9.76	45,454	26	Europe
Mexico	2,625.90	12	2,424.51	11	1.86 %	530	-8.95	18,804	71	North America
Italy	2,665.52	11	2,415.41	12	1.86 %	9.10	-10.65	40,066	34	Europe
Turkey	2,471.66	13	2,381.59	13	1.83 %	33.8	-4.99	28,294	52	Europe
Korea	2,304.83	14	2,293.48	14	1.76 %	88.1	-1.88	44,292	27	Asia
Canada	1,921.00	16	1,809.00	15	1.39 %	484	-7.14	47,569	24	North America
Spain	2,006.05	15	1,773.36	16	1.36 %	35.6	-12.83	38,143	39	Europe
Saudi Arabia	1,677.38	17	1,608.61	17	1.24 %	165	-5.44	46,273	25	Asia
Australia	1,345.68	18	1,307.92	18	1.00 %	301	-4.16	50,845	20	Oceania
Egypt	1,230.83	22	1,292.48	19	0.993 %	15.4	3.55	12,719	96	Africa
Poland	1,309.45	20	1,280.66	20	0.984 %	11.8	-3.56	33,739	43	Europe
Taiwan Province of China	1,257.45	21	1,275.81	21	0.980 %	4.85	0.05	54,020	17	Asia
Thailand	1,339.64	19	1,261.49	22	0.969 %	14.3	-7.15	18,073	74	Asia
Vietnam	1,016.48	28	1,047.32	24	0.804 %	28.9	1.60	10,755	111	Asia
Nigeria	1,075.69	23	1,044.21	25	0.802 %	3.11	-4.28	5,066	144	Africa
Islamic Republic of Iran	1,044.82	25	1,006.70	26	0.773 %	37.5	-4.99	11,963	104	Asia
Netherlands	1,028.58	27	986.77	27	0.758 %	19.9	-5.40	57,101	13	Europe
Philippines	1,003.85	29	933.91	28	0.717 %	52.9	-8.26	8,574	120	Asia
Argentina	1,033.46	26	924.54	29	0.710 %	9.37	-11.78	20,370	66	South America
Malaysia	944.57	30	900.43	30	0.692 %	24.1	-6.00	27,287	55	Asia
Bangladesh	869.04	31	864.88	31	0.664 %	35.5	3.80	5,139	142	Asia
Colombia	772.44	32	719.25	32	0.552 %	146	-8.18	14,137	90	South America
South Africa	761.82	33	710.77	33	0.546 %	8.48	-8.00	11,911	105	Africa
United Arab Emirates	683.52	34	647.65	34	0.497 %	63.1	-6.57	58,466	10	Asia
Switzerland	615.31	36	590.90	35	0.454 %	56.8	-5.30	68,340	5	Europe
Romania	605.79	37	584.85	36	0.449 %	6.05	-4.80	30,141	48	Europe
Belgium	618.93	35	575.81	37	0.442 %	9.04	-8.26	50,114	21	Europe
Singapore	578.67	38	551.63	38	0.424 %	24.2	-6.00	95,603	2	Asia
Sweden	570.75	39	551.52	39	0.424 %	0.11	-4.72	52,477	19	Europe
Ukraine	560.98	40	527.93	40	0.406 %	23.6	-7.20	12,710	97	Europe
Kazakhstan	508.50	43	501.79	41	0.385 %	26.1	-2.69	26,589	57	Asia
Austria	521.34	41	493.17	42	0.379 %	8.62	-6.72	55,406	15	Europe
Algeria	509.31	42	488.29	43	0.375 %	4.88	-5.46	11,041	109	Africa
Chile	478.77	44	456.39	44	0.351 %	31.9	-6.00	23,455	61	South America
Ireland	455.17	46	447.72	45	0.344 %	8.67	-3.00	89,383	4	Europe
Hong Kong SAR	468.30	45	439.46	46	0.338 %	8.26	-7.47	58,165	11	Asia
Czech Republic	454.43	47	430.89	47	0.331 %	8.57	-6.50	40,293	33	Europe
Iraq	447.87	48	399.40	48	0.307 %	31.5	-12.06	9,952	116	Asia
Peru	441.96	49	385.72	49	0.296 %	13.7	-13.94	11,516	107	South America
Israel	378.20	50	360.97	50	0.277 %	24.7	-5.89	39,126	35	Asia
Pakistan	1,065.37	24	1,076.26	23	0.827 %	185	-0.39	5,160	141	Asia
World	134,557		130,187				-4.36	17,007