World economy

For other uses, see World Economy (disambiguation).

The world economy or global economy is the economy of all humans of the world, referring to the global economic system, which includes all economic activities which are conducted both within and between nations, including production, consumption, economic management, work in general, exchange of financial values and trade of goods and services.^[1][2] In some contexts, the two terms are distinct "international" or "global economy" being measured separately and distinguished from national economies, while the "world economy" is simply an aggregate of the separate countries' measurements. Beyond the minimum standard concerning value in production, use and exchange, the definitions, representations, models and valuations of the world economy vary widely. It is inseparable from the geography and ecology of planet Earth.

World GDP per capita between 1500 and 2003

It is common to limit questions of the world economy exclusively to human economic activity, and the world economy is typically judged in monetary terms, even in cases in which there is no efficient market to help valuate certain goods or services, or in cases in which a lack of independent research, genuine data or government cooperation makes establishing figures difficult. Typical examples are illegal drugs and other black market goods, which by any standard are a part of the world economy, but for which there is, by definition, no legal market of any kind.

However, even in cases in which there is a clear and efficient market to establish a monetary value, economists do not typically use the current or official exchange rate to translate the monetary units of this market into a single unit for the world economy since exchange rates typically do not closely reflect worldwide value, for example in cases where the volume or price of transactions is closely regulated by the government.

Rather, market valuations in a local currency are typically translated to a single monetary unit using the idea of purchasing power. This is the method used below, which is used for estimating worldwide economic activity in terms of real United States dollars or euros. However, the world economy can be evaluated and expressed in many more ways. It is unclear, for example, how many of the world's 7.8 billion people (as of March 2020^[update])^[3][4] have most of their economic activity reflected in these valuations.

According to Maddison^[who?], until the middle of the 19th century, global output was dominated by China and India. Waves of the Industrial Revolution in Western Europe and Northern America shifted the shares to the Western Hemisphere. As of 2023, the following 18 countries or collectives have reached an economy of at least US$2 trillion by GDP in nominal or PPP terms: Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, South Korea, Russia, Saudi Arabia, Spain, Turkey, the United Kingdom, the United States and the European Union.^[5][6]

Despite high levels of government investment, the global economy decreased by 3.4 percent in 2020 in relation to the COVID-19 pandemic,^[7] an improvement from the World Bank's initial prediction of a 5.2 percent decrease.^[8] Cities account for 80% of global GDP, thus they faced the brunt of this decline.^[9][10] The world economy increased again in 2021 with an estimated 5.5 percent rebound.^[11]

Overview

World economy by country groups

Country group	List of country groups by GDP (nominal) in 2023 (or at peaked level)		List of country groups by GDP (PPP) in 2023 (or at peaked level)		Number of countries	Major economies
	Value (in millions of US$)	Share of Global GDP	Value (in millions of US$)	Share of Global GDP
Major advanced economies (G7) (Continents: Europe, North America and Asia)	46,295,306	44.3%	52,295,411	29.9%	7	United States   Japan   Germany   United Kingdom   France   Italy   Canada
Emerging and developing Asia (Continents: Asia and Oceania)	25,441,042	24.4%	58,503,987	33.5%	30	China   India   Indonesia   Thailand   Bangladesh   Vietnam   Philippines   Malaysia
Other advanced economies (advanced economies excluding the G7) (Continents: Europe, Asia, Oceania and North America)	14,634,255	14.0%	19,624,991	11.2%	34	South Korea   Spain   Australia   Taiwan   Netherlands    Switzerland   Belgium   Singapore   Ireland   Sweden   Austria
Latin America and the Caribbean (Continents: South America and North America)	6,517,251	6.2%	12,813,893	7.3%	33	Brazil   Mexico   Argentina   Colombia
Emerging and developing Europe (Continents: Europe and Asia)	4,933,179	4.7%	12,926,223	7.4%	15	Russia   Turkey   Poland   Romania
Middle East and Central Asia (Continents: Asia and Africa)	4,698,168 (peaked at 4,750,874 in 2022)	4.5%	13,126,177	7.5%	32	Saudi Arabia   Egypt   Iran   Pakistan   United Arab Emirates   Kazakhstan   Algeria
Sub-Saharan Africa (Continent: Africa)	1,957,231 (peaked at 2,013,032 in 2022)	1.9%	5,499,185	3.2%	45	Nigeria   South Africa
World	104,476,432	100.0%	174,789,867	100.0%	196

World economy by continent

Main article: List of continents by GDP § Continents by GDP (nominal)

GDP sector composition (2019 estimate)^[12]^[13]
Continent Agricultural Industrial Service World 7,908.26 38,354.363 81,575.461 Asia 5,105.362 20,858.549 32,939.397 North America 292.467 5,008.594 18,426.2 Europe 838.199 8,175.402 20,598.902 South America 539.51 2,014.14 5,024.223 Africa 1,076.69 1,941.037 3,559.579 Oceania 56.032 356.641 1,027.16

Current world economic league table of largest economies in the world by GDP and share of global economic growth

The 25 largest economies by GDP (nominal), twenty largest economies by GDP (PPP) as of 2023. Members of the G-20 major economies are in bold.
List of the 25 largest economies by GDP (nominal) at their peak level as of 2023 in million US$^[5]	List of the 25 largest economies by GDP (PPP) at their peak level as of 2023 in million Int$^[5]	List of the 26 economies by highest GDP (nominal) per capita at their peak level as of 2023 in US$^[14]	List of the 26 economies by highest GDP (PPP) per capita at their peak level as of 2023 in Int$'^[15]
Rank Country Value Peak year — World 104,476,432 2023 1   United States 26,949,643 2023 —   European Union^[16] 19,226,235 2008 2   China^[17] 17,963,171 2022 3   Japan^[18] 6,272,363 2012 4   Germany 4,429,838 2023 5   India 3,732,224 2023 6   United Kingdom 3,332,059 2023 7   France 3,049,016 2023 —   African Union^[19] 2,945,709 2022 8   Brazil^[20] 2,616,157 2011 9   Italy^[21] 2,408,655 2008 10   Russia 2,288,428 2013 11   Canada^[22] 2,139,840 2022 12   South Korea 1,818,432 2021 13   Mexico 1,811,468 2023 14   Australia 1,702,554 2022 15   Spain^[23] 1,631,863 2008 16   Indonesia 1,417,387 2023 17   Turkey 1,154,600 2023 18   Saudi Arabia 1,108,149 2022 19   Netherlands 1,092,748 2023 20    Switzerland 905,684 2023 21   Poland 842,172 2023 22   Taiwan 775,741 2021 23   Iran^[24] 644,036 2012 24   Argentina 643,861 2017 25   Sweden 639,715 2021	Rank Country Value Peak year — World 174,789,867 2023 1   China 32,897,929 2023 2   United States 26,949,643 2023 —   European Union^[25] 25,430,409 2023 3   India 13,119,622 2023 —   African Union^[26] 8,865,179 2023 4   Japan 6,495,214 2023 5   Germany 5,537,992 2023 6   Russia^[27] 5,326,855 2022 7   Indonesia 4,393,370 2023 8   Brazil 4,101,022 2023 9   United Kingdom 3,871,790 2023 10   France 3,868,619 2023 11   Turkey 3,613,540 2023 12   Mexico 3,277,601 2023 13   Italy 3,193,180 2023 14   South Korea 2,924,189 2023 15   Spain 2,413,066 2023 16   Canada 2,378,973 2023 17   Saudi Arabia 2,246,535 2023 18   Egypt 1,809,425 2023 19   Iran 1,725,874 2023 20   Australia 1,719,262 2023 21   Poland 1,712,629 2023 22   Taiwan 1,685,358 2023 23   Thailand 1,578,452 2023 24   Pakistan 1,568,427 2023 25   Bangladesh 1,476,870 2023	Rank Country Value Peak year 1   Monaco 234,317 2021 2   Liechtenstein 184,083 2021 3   Luxembourg 135,605 2023 4   Bermuda 118,846 2022 5   Ireland 112,248 2023 6   Norway 106,149 2022 7    Switzerland 102,866 2023 8   Qatar 101,933 2012 9   Isle of Man 91,881 2014 10   Macau 90,874 2014 11   Cayman Islands 89,961 2007 12   Singapore 87,884 2023 13   United States 80,412 2023 14   San Marino 79,110 2008 15   Iceland 78,837 2023 16   Channel Islands 75,148 2022 17   Denmark 71,402 2023 18   Faroe Islands 69,010 2021 19   Australia 68,450 2012 20   Netherlands 61,770 2023 21   Sweden 61,203 2021 22   Austria 58,013 2023 23   Greenland 57,116 2021 24   Kuwait 55,595 2008 25   Canada 55,037 2022 26   Israel 54,660 2022	Rank Country Value Peak year 1   Qatar 169,698 2012 2   Macau 149,422 2013 3   Luxembourg 143,304 2023 4   Ireland 137,638 2023 5   Singapore 133,108 2023 6   Norway 114,899 2022 7   United Arab Emirates 110,200 2004 8   Bermuda 95,837 2022 9   Kuwait 91,485 2007 10    Switzerland 89,537 2023 11   Brunei 88,312 2012 12   San Marino 84,135 2023 13   United States 80,412 2023 14   Cayman Islands 77,387 2007 15   Denmark 74,958 2023 16   Netherlands 73,317 2023 17   Hong Kong 72,861 2023 18   Taiwan 72,485 2023 19   Iceland 69,833 2023 20   Austria 69,069 2023 21   Saudi Arabia 68,453 2023 22   Andorra 68,232 2023 23   Sweden 66,209 2023 24   Germany 66,038 2023 25   Belgium 65,813 2023 26   Australia 64,674 2023

Twenty largest economies in the world by nominal GDP

Main article: List of countries by past and projected GDP (nominal)

The following is a list of the twenty largest economies by nominal GDP at peak value as of the specific year, according to the International Monetary Fund.^[5]
Rank	1980	1985	1990	1995	2000	2005	2010	2015	2020	2025	2028
1	United States	United States	United States	United States	United States	United States	United States	United States	United States	United States	United States
2	Japan	Japan	Japan	Japan	Japan	Japan	China	China	China	China	China
3	Soviet Union	Soviet Union	West Germany	Germany	Germany	Germany	Japan	Japan	Japan	Japan	Japan
4	West Germany	West Germany	France	France	United Kingdom	United Kingdom	Germany	Germany	Germany	Germany	India
5	France	France	United Kingdom	United Kingdom	France	China	United Kingdom	United Kingdom	United Kingdom	India	Germany
6	United Kingdom	United Kingdom	Soviet Union	Italy	Italy	France	France	France	France	United Kingdom	United Kingdom
7	Italy	Italy	Italy	Brazil	China	Italy	Italy	Brazil	India	France	France
8	China	Canada	Canada	China	Brazil	Canada	Brazil	Italy	Brazil	Brazil	Brazil
9	Canada	China	Iran	Spain	Canada	Spain	Russia	Russia	Italy	Italy	Canada
10	Mexico	Mexico	Spain	Canada	Mexico	South Korea	India	India	Russia	Canada	Italy
Rank	1980	1985	1990	1995	2000	2005	2010	2015	2020	2025	2028
11	Brazil	Brazil	Brazil	Iran	Spain	Mexico	Spain	Canada	Canada	Russia	Mexico
12	Argentina	India	China	South Korea	South Korea	Brazil	Canada	Spain	South Korea	Mexico	Russia
13	Spain	Argentina	India	Russia	Iran	India	Australia	Australia	Spain	South Korea	South Korea
14	Netherlands	Spain	Australia	Mexico	Russia	Russia	South Korea	South Korea	Australia	Australia	Indonesia
15	India	Australia	Netherlands	Netherlands	India	Australia	Mexico	Mexico	Mexico	Spain	Australia
16	Saudi Arabia	Netherlands	Mexico	Australia	Netherlands	Netherlands	Netherlands	Turkey	Indonesia	Indonesia	Spain
17	Australia	Saudi Arabia	South Korea	India	Australia	Iran	Turkey	Netherlands	Turkey	Turkey	Turkey
18	Sweden	Iran	Switzerland	Switzerland	Switzerland	Turkey	Indonesia	Indonesia	Netherlands	Netherlands	Netherlands
19	Belgium	Sweden	Sweden	Argentina	Argentina	Switzerland	Switzerland	Saudi Arabia	Saudi Arabia	Saudi Arabia	Saudi Arabia
20	Switzerland	Belgium	Argentina	Belgium	Taiwan	Sweden	Iran	Switzerland	Switzerland	Switzerland	Switzerland

Twenty largest economies in the world by GDP (PPP)

List of twenty largest economies by GDP based on purchasing power parity at peak value as of the specific year according to the International Monetary Fund and the CIA World Factbook.^[5]^[28]
Rank	1980	1985	1990	1995	2000	2005	2010	2015	2020	2025	2028
1	United States	United States	United States	United States	United States	United States	United States	United States	China	China	China
2	Soviet Union	Soviet Union	Soviet Union	Japan	China	China	China	China	United States	United States	United States
3	Japan	Japan	Japan	China	Japan	Japan	India	India	India	India	India
4	West Germany	West Germany	West Germany	Germany	Germany	India	Japan	Japan	Japan	Japan	Japan
5	Italy	Italy	Italy	Russia	India	Germany	Germany	Germany	Germany	Germany	Germany
6	France	France	China	India	France	Russia	Russia	Russia	Russia	Russia	Indonesia
7	Brazil	Brazil	France	Italy	Italy	France	Brazil	Brazil	Indonesia	Indonesia	Russia
8	United Kingdom	United Kingdom	United Kingdom	France	Russia	Brazil	France	United Kingdom	France	Brazil	Brazil
9	Mexico	China	India	Brazil	United Kingdom	United Kingdom	United Kingdom	France	United Kingdom	France	Turkey
10	Saudi Arabia	India	Brazil	United Kingdom	Brazil	Italy	Italy	Indonesia	Brazil	United Kingdom	United Kingdom
Rank	1980	1985	1990	1995	2000	2005	2010	2015	2020	2025	2028
11	India	Mexico	Mexico	Mexico	Mexico	Mexico	Indonesia	Mexico	Italy	Turkey	France
12	China	Saudi Arabia	Spain	Indonesia	Indonesia	Indonesia	Mexico	Italy	Mexico	Mexico	Mexico
13	Spain	Canada	Canada	Spain	Spain	South Korea	South Korea	Turkey	Turkey	Italy	Italy
14	Canada	Spain	Indonesia	Saudi Arabia	Canada	Spain	Spain	South Korea	South Korea	South Korea	South Korea
15	Iran	Iran	Saudi Arabia	Canada	South Korea	Canada	Saudi Arabia	Saudi Arabia	Spain	Spain	Saudi Arabia
16	Indonesia	Indonesia	Turkey	South Korea	Saudi Arabia	Saudi Arabia	Iran	Spain	Canada	Canada	Spain
17	Argentina	Turkey	Iran	Turkey	Iran	Iran	Canada	Canada	Saudi Arabia	Saudi Arabia	Canada
18	Poland	Australia	South Korea	Iran	Turkey	Turkey	Turkey	Iran	Iran	Egypt	Egypt
19	Netherlands	Netherlands	Australia	Australia	October 18, 2023 Latest articles January 01, 1970 KLIA Expressway January 01, 1970 KLNO January 01, 1970 KL 10 Patthu January 01, 1970 KL FM January 01, 1970 K Centauri January 01, 1970 K Fest (Radio) January 01, 1970 K League 2 January 01, 1970 K Line January 01, 1970 K factor crude oil refining January 01, 1970 KPFA Most Read January 01, 1970 Floral Park, New York January 01, 1970 Floral banded wobbegong January 01, 1970 Floral emblem January 01, 1970 Florelle January 01, 1970 Florence Cook (medium) world, economy, other, uses, world, economy, disambiguation, world, economy, global, economy, economy, humans, world, referring, global, economic, system, which, includes, economic, activities, which, conducted, both, within, between, nations, including, produ. For other uses see World Economy disambiguation The world economy or global economy is the economy of all humans of the world referring to the global economic system which includes all economic activities which are conducted both within and between nations including production consumption economic management work in general exchange of financial values and trade of goods and services 1 2 In some contexts the two terms are distinct international or global economy being measured separately and distinguished from national economies while the world economy is simply an aggregate of the separate countries measurements Beyond the minimum standard concerning value in production use and exchange the definitions representations models and valuations of the world economy vary widely It is inseparable from the geography and ecology of planet Earth World GDP per capita between 1500 and 2003It is common to limit questions of the world economy exclusively to human economic activity and the world economy is typically judged in monetary terms even in cases in which there is no efficient market to help valuate certain goods or services or in cases in which a lack of independent research genuine data or government cooperation makes establishing figures difficult Typical examples are illegal drugs and other black market goods which by any standard are a part of the world economy but for which there is by definition no legal market of any kind However even in cases in which there is a clear and efficient market to establish a monetary value economists do not typically use the current or official exchange rate to translate the monetary units of this market into a single unit for the world economy since exchange rates typically do not closely reflect worldwide value for example in cases where the volume or price of transactions is closely regulated by the government Rather market valuations in a local currency are typically translated to a single monetary unit using the idea of purchasing power This is the method used below which is used for estimating worldwide economic activity in terms of real United States dollars or euros However the world economy can be evaluated and expressed in many more ways It is unclear for example how many of the world s 7 8 billion people as of March 2020 update 3 4 have most of their economic activity reflected in these valuations According to Maddison who until the middle of the 19th century global output was dominated by China and India Waves of the Industrial Revolution in Western Europe and Northern America shifted the shares to the Western Hemisphere As of 2023 the following 18 countries or collectives have reached an economy of at least US 2 trillion by GDP in nominal or PPP terms Brazil Canada China France Germany India Indonesia Italy Japan Mexico South Korea Russia Saudi Arabia Spain Turkey the United Kingdom the United States and the European Union 5 6 Despite high levels of government investment the global economy decreased by 3 4 percent in 2020 in relation to the COVID 19 pandemic 7 an improvement from the World Bank s initial prediction of a 5 2 percent decrease 8 Cities account for 80 of global GDP thus they faced the brunt of this decline 9 10 The world economy increased again in 2021 with an estimated 5 5 percent rebound 11 Contents 1 Overview 1 1 World economy by country groups 1 2 World economy by continent 1 3 Current world economic league table of largest economies in the world by GDP and share of global economic growth 1 4 Twenty largest economies in the world by nominal GDP 1 5 Twenty largest economies in the world by GDP PPP 2 Statistical indicators 2 1 Finance 2 2 Employment 2 3 Industries 2 4 Energy 2 5 Cross border 2 6 Gift economy 2 7 Communications 2 8 Transport 2 9 Military 2 10 Science research and development 2 11 Resources and environment 3 Historical development 4 Economic studies 5 See also 6 References 7 External linksOverview EditWorld economy by country groups Edit Country group List of country groups byGDP nominal in 2023 or at peaked level List of country groups byGDP PPP in 2023 or at peaked level Number ofcountries Major economiesValue in millions of US Share ofGlobal GDP Value in millions of US Share ofGlobal GDPMajor advanced economies G7 Continents Europe North America and Asia 46 295 306 44 3 52 295 411 29 9 7 nbsp United States nbsp Japan nbsp Germany nbsp United Kingdom nbsp France nbsp Italy nbsp CanadaEmerging and developing Asia Continents Asia and Oceania 25 441 042 24 4 58 503 987 33 5 30 nbsp China nbsp India nbsp Indonesia nbsp Thailand nbsp Bangladesh nbsp Vietnam nbsp Philippines nbsp MalaysiaOther advanced economies advanced economies excluding the G7 Continents Europe Asia Oceania and North America 14 634 255 14 0 19 624 991 11 2 34 nbsp South Korea nbsp Spain nbsp Australia nbsp Taiwan nbsp Netherlands nbsp Switzerland nbsp Belgium nbsp Singapore nbsp Ireland nbsp Sweden nbsp AustriaLatin America and the Caribbean Continents South America and North America 6 517 251 6 2 12 813 893 7 3 33 nbsp Brazil nbsp Mexico nbsp Argentina nbsp ColombiaEmerging and developing Europe Continents Europe and Asia 4 933 179 4 7 12 926 223 7 4 15 nbsp Russia nbsp Turkey nbsp Poland nbsp RomaniaMiddle East and Central Asia Continents Asia and Africa 4 698 168 peaked at 4 750 874 in 2022 4 5 13 126 177 7 5 32 nbsp Saudi Arabia nbsp Egypt nbsp Iran nbsp Pakistan nbsp United Arab Emirates nbsp Kazakhstan nbsp AlgeriaSub Saharan Africa Continent Africa 1 957 231 peaked at 2 013 032 in 2022 1 9 5 499 185 3 2 45 nbsp Nigeria nbsp South AfricaWorld 104 476 432 100 0 174 789 867 100 0 196World economy by continent Edit Main article List of continents by GDP Continents by GDP nominal GDP sector composition 2019 estimate 12 13 Continent Agricultural Industrial ServiceWorld 7 908 26 38 354 363 81 575 461Asia 5 105 362 20 858 549 32 939 397North America 292 467 5 008 594 18 426 2Europe 838 199 8 175 402 20 598 902South America 539 51 2 014 14 5 024 223Africa 1 076 69 1 941 037 3 559 579Oceania 56 032 356 641 1 027 16Current world economic league table of largest economies in the world by GDP and share of global economic growth Edit The 25 largest economies by GDP nominal twenty largest economies by GDP PPP as of 2023 Members of the G 20 major economies are in bold List of the 25 largest economies by GDP nominal at their peak level as of 2023 in million US 5 List of the 25 largest economies by GDP PPP at their peak level as of 2023 in million Int 5 List of the 26 economies by highestGDP nominal per capita at their peak level as of 2023 in US 14 List of the 26 economies by highestGDP PPP per capita at their peak level as of 2023 in Int 15 Rank Country Value Peak year World 104 476 432 20231 nbsp United States 26 949 643 2023 nbsp European Union 16 19 226 235 20082 nbsp China 17 17 963 171 20223 nbsp Japan 18 6 272 363 20124 nbsp Germany 4 429 838 20235 nbsp India 3 732 224 20236 nbsp United Kingdom 3 332 059 20237 nbsp France 3 049 016 2023 nbsp African Union 19 2 945 709 20228 nbsp Brazil 20 2 616 157 20119 nbsp Italy 21 2 408 655 200810 nbsp Russia 2 288 428 201311 nbsp Canada 22 2 139 840 202212 nbsp South Korea 1 818 432 202113 nbsp Mexico 1 811 468 202314 nbsp Australia 1 702 554 202215 nbsp Spain 23 1 631 863 200816 nbsp Indonesia 1 417 387 202317 nbsp Turkey 1 154 600 202318 nbsp Saudi Arabia 1 108 149 202219 nbsp Netherlands 1 092 748 202320 nbsp Switzerland 905 684 202321 nbsp Poland 842 172 202322 nbsp Taiwan 775 741 202123 nbsp Iran 24 644 036 201224 nbsp Argentina 643 861 201725 nbsp Sweden 639 715 2021 Rank Country Value Peak year World 174 789 867 20231 nbsp China 32 897 929 20232 nbsp United States 26 949 643 2023 nbsp European Union 25 25 430 409 20233 nbsp India 13 119 622 2023 nbsp African Union 26 8 865 179 20234 nbsp Japan 6 495 214 20235 nbsp Germany 5 537 992 20236 nbsp Russia 27 5 326 855 20227 nbsp Indonesia 4 393 370 20238 nbsp Brazil 4 101 022 20239 nbsp United Kingdom 3 871 790 202310 nbsp France 3 868 619 202311 nbsp Turkey 3 613 540 202312 nbsp Mexico 3 277 601 202313 nbsp Italy 3 193 180 202314 nbsp South Korea 2 924 189 202315 nbsp Spain 2 413 066 202316 nbsp Canada 2 378 973 202317 nbsp Saudi Arabia 2 246 535 202318 nbsp Egypt 1 809 425 202319 nbsp Iran 1 725 874 202320 nbsp Australia 1 719 262 202321 nbsp Poland 1 712 629 202322 nbsp Taiwan 1 685 358 202323 nbsp Thailand 1 578 452 202324 nbsp Pakistan 1 568 427 202325 nbsp Bangladesh 1 476 870 2023 Rank Country Value Peak year1 nbsp Monaco 234 317 20212 nbsp Liechtenstein 184 083 20213 nbsp Luxembourg 135 605 20234 nbsp Bermuda 118 846 20225 nbsp Ireland 112 248 20236 nbsp Norway 106 149 20227 nbsp Switzerland 102 866 20238 nbsp Qatar 101 933 20129 nbsp Isle of Man 91 881 201410 nbsp Macau 90 874 201411 nbsp Cayman Islands 89 961 200712 nbsp Singapore 87 884 202313 nbsp United States 80 412 202314 nbsp San Marino 79 110 200815 nbsp Iceland 78 837 202316 nbsp Channel Islands 75 148 202217 nbsp Denmark 71 402 202318 nbsp Faroe Islands 69 010 202119 nbsp Australia 68 450 201220 nbsp Netherlands 61 770 202321 nbsp Sweden 61 203 202122 nbsp Austria 58 013 202323 nbsp Greenland 57 116 202124 nbsp Kuwait 55 595 200825 nbsp Canada 55 037 202226 nbsp Israel 54 660 2022 Rank Country Value Peak year1 nbsp Qatar 169 698 20122 nbsp Macau 149 422 20133 nbsp Luxembourg 143 304 20234 nbsp Ireland 137 638 20235 nbsp Singapore 133 108 20236 nbsp Norway 114 899 20227 nbsp United Arab Emirates 110 200 20048 nbsp Bermuda 95 837 20229 nbsp Kuwait 91 485 200710 nbsp Switzerland 89 537 202311 nbsp Brunei 88 312 201212 nbsp San Marino 84 135 202313 nbsp United States 80 412 202314 nbsp Cayman Islands 77 387 200715 nbsp Denmark 74 958 202316 nbsp Netherlands 73 317 202317 nbsp Hong Kong 72 861 202318 nbsp Taiwan 72 485 202319 nbsp Iceland 69 833 202320 nbsp Austria 69 069 202321 nbsp Saudi Arabia 68 453 202322 nbsp Andorra 68 232 202323 nbsp Sweden 66 209 202324 nbsp Germany 66 038 202325 nbsp Belgium 65 813 202326 nbsp Australia 64 674 2023Twenty largest economies in the world by nominal GDP Edit Main article List of countries by past and projected GDP nominal The following is a list of the twenty largest economies by nominal GDP at peak value as of the specific year according to the International Monetary Fund 5 Rank 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 20281 nbsp United States nbsp United States nbsp United States nbsp United States nbsp United States nbsp United States nbsp United States nbsp United States nbsp United States nbsp United States nbsp United States2 nbsp Japan nbsp Japan nbsp Japan nbsp Japan nbsp Japan nbsp Japan nbsp China nbsp China nbsp China nbsp China nbsp China3 nbsp Soviet Union nbsp Soviet Union nbsp West Germany nbsp Germany nbsp Germany nbsp Germany nbsp Japan nbsp Japan nbsp Japan nbsp Japan nbsp Japan4 nbsp West Germany nbsp West Germany nbsp France nbsp France nbsp United Kingdom nbsp United Kingdom nbsp Germany nbsp Germany nbsp Germany nbsp Germany nbsp India5 nbsp France nbsp France nbsp United Kingdom nbsp United Kingdom nbsp France nbsp China nbsp United Kingdom nbsp United Kingdom nbsp United Kingdom nbsp India nbsp Germany6 nbsp United Kingdom nbsp United Kingdom nbsp Soviet Union nbsp Italy nbsp Italy nbsp France nbsp France nbsp France nbsp France nbsp United Kingdom nbsp United Kingdom7 nbsp Italy nbsp Italy nbsp Italy nbsp Brazil nbsp China nbsp Italy nbsp Italy nbsp Brazil nbsp India nbsp France nbsp France8 nbsp China nbsp Canada nbsp Canada nbsp China nbsp Brazil nbsp Canada nbsp Brazil nbsp Italy nbsp Brazil nbsp Brazil nbsp Brazil9 nbsp Canada nbsp China nbsp Iran nbsp Spain nbsp Canada nbsp Spain nbsp Russia nbsp Russia nbsp Italy nbsp Italy nbsp Canada10 nbsp Mexico nbsp Mexico nbsp Spain nbsp Canada nbsp Mexico nbsp South Korea nbsp India nbsp India nbsp Russia nbsp Canada nbsp ItalyRank 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 202811 nbsp Brazil nbsp Brazil nbsp Brazil nbsp Iran nbsp Spain nbsp Mexico nbsp Spain nbsp Canada nbsp Canada nbsp Russia nbsp Mexico12 nbsp Argentina nbsp India nbsp China nbsp South Korea nbsp South Korea nbsp Brazil nbsp Canada nbsp Spain nbsp South Korea nbsp Mexico nbsp Russia13 nbsp Spain nbsp Argentina nbsp India nbsp Russia nbsp Iran nbsp India nbsp Australia nbsp Australia nbsp Spain nbsp South Korea nbsp South Korea14 nbsp Netherlands nbsp Spain nbsp Australia nbsp Mexico nbsp Russia nbsp Russia nbsp South Korea nbsp South Korea nbsp Australia nbsp Australia nbsp Indonesia15 nbsp India nbsp Australia nbsp Netherlands nbsp Netherlands nbsp India nbsp Australia nbsp Mexico nbsp Mexico nbsp Mexico nbsp Spain nbsp Australia16 nbsp Saudi Arabia nbsp Netherlands nbsp Mexico nbsp Australia nbsp Netherlands nbsp Netherlands nbsp Netherlands nbsp Turkey nbsp Indonesia nbsp Indonesia nbsp Spain17 nbsp Australia nbsp Saudi Arabia nbsp South Korea nbsp India nbsp Australia nbsp Iran nbsp Turkey nbsp Netherlands nbsp Turkey nbsp Turkey nbsp Turkey18 nbsp Sweden nbsp Iran nbsp Switzerland nbsp Switzerland nbsp Switzerland nbsp Turkey nbsp Indonesia nbsp Indonesia nbsp Netherlands nbsp Netherlands nbsp Netherlands19 nbsp Belgium nbsp Sweden nbsp Sweden nbsp Argentina nbsp Argentina nbsp Switzerland nbsp Switzerland nbsp Saudi Arabia nbsp Saudi Arabia nbsp Saudi Arabia nbsp Saudi Arabia20 nbsp Switzerland nbsp Belgium nbsp Argentina nbsp Belgium nbsp Taiwan nbsp Sweden nbsp Iran nbsp Switzerland nbsp Switzerland nbsp Switzerland nbsp SwitzerlandTwenty largest economies in the world by GDP PPP Edit List of twenty largest economies by GDP based on purchasing power parity at peak value as of the specific year according to the International Monetary Fund and the CIA World Factbook 5 28 Rank 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 20281 nbsp United States nbsp United States nbsp United States nbsp United States nbsp United States nbsp United States nbsp United States nbsp United States nbsp China nbsp China nbsp China2 nbsp Soviet Union nbsp Soviet Union nbsp Soviet Union nbsp Japan nbsp China nbsp China nbsp China nbsp China nbsp United States nbsp United States nbsp United States3 nbsp Japan nbsp Japan nbsp Japan nbsp China nbsp Japan nbsp Japan nbsp India nbsp India nbsp India nbsp India nbsp India4 nbsp West Germany nbsp West Germany nbsp West Germany nbsp Germany nbsp Germany nbsp India nbsp Japan nbsp Japan nbsp Japan nbsp Japan nbsp Japan5 nbsp Italy nbsp Italy nbsp Italy nbsp Russia nbsp India nbsp Germany nbsp Germany nbsp Germany nbsp Germany nbsp Germany nbsp Germany6 nbsp France nbsp France nbsp China nbsp India nbsp France nbsp Russia nbsp Russia nbsp Russia nbsp Russia nbsp Russia nbsp Indonesia7 nbsp Brazil nbsp Brazil nbsp France nbsp Italy nbsp Italy nbsp France nbsp Brazil nbsp Brazil nbsp Indonesia nbsp Indonesia nbsp Russia8 nbsp United Kingdom nbsp United Kingdom nbsp United Kingdom nbsp France nbsp Russia nbsp Brazil nbsp France nbsp United Kingdom nbsp France nbsp Brazil nbsp Brazil9 nbsp Mexico nbsp China nbsp India nbsp Brazil nbsp United Kingdom nbsp United Kingdom nbsp United Kingdom nbsp France nbsp United Kingdom nbsp France nbsp Turkey10 nbsp Saudi Arabia nbsp India nbsp Brazil nbsp United Kingdom nbsp Brazil nbsp Italy nbsp Italy nbsp Indonesia nbsp Brazil nbsp United Kingdom nbsp United KingdomRank 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 202811 nbsp India nbsp Mexico nbsp Mexico nbsp Mexico nbsp Mexico nbsp Mexico nbsp Indonesia nbsp Mexico nbsp Italy nbsp Turkey nbsp France12 nbsp China nbsp Saudi Arabia nbsp Spain nbsp Indonesia nbsp Indonesia nbsp Indonesia nbsp Mexico nbsp Italy nbsp Mexico nbsp Mexico nbsp Mexico13 nbsp Spain nbsp Canada nbsp Canada nbsp Spain nbsp Spain nbsp South Korea nbsp South Korea nbsp Turkey nbsp Turkey nbsp Italy nbsp Italy14 nbsp Canada nbsp Spain nbsp Indonesia nbsp Saudi Arabia nbsp Canada nbsp Spain nbsp Spain nbsp South Korea nbsp South Korea nbsp South Korea nbsp South Korea15 nbsp Iran nbsp Iran nbsp Saudi Arabia nbsp Canada nbsp South Korea nbsp Canada nbsp Saudi Arabia nbsp Saudi Arabia nbsp Spain nbsp Spain nbsp Saudi Arabia16 nbsp Indonesia nbsp Indonesia nbsp Turkey nbsp South Korea nbsp Saudi Arabia nbsp Saudi Arabia nbsp Iran nbsp Spain nbsp Canada nbsp Canada nbsp Spain17 nbsp Argentina nbsp Turkey nbsp Iran nbsp Turkey nbsp Iran nbsp Iran nbsp Canada nbsp Canada nbsp Saudi Arabia nbsp Saudi Arabia nbsp Canada18 nbsp Poland nbsp Australia nbsp South Korea nbsp Iran nbsp Turkey nbsp Turkey nbsp Turkey nbsp Iran nbsp Iran nbsp Egypt nbsp Egypt19 nbsp Netherlands nbsp Netherlands nbsp Australia nbsp Australia span, wikipedia, wiki, book, books, library, article , read, download, free, free download, mp3, video, mp4, 3gp, jpg, jpeg, gif, png, picture, music, song, movie, book, game, games. © Copyright 2021, All Rights Reserved  |   www.wiki3.en-us.nina.az Rss Feed SiteMap Ping DMCA Contact Us HomePage Closed Call: