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This list of countries by largest GDP shows how the membership and rankings of the world's ten largest economies has changed. While the United States has consistently had the world's largest economy for some time, in the last fifty years the world has seen the rapid rise and fall in relative terms of the economies of other countries while the share of the United States has also fluctuated.
Year | 1st | 2nd | 3rd | 4th | 5th | 6th | 7th | 8th | 9th | 10th |
2020 | United States 20,936.600 | China 14,772.731 | Japan 5,064.873 | Germany 3,806.060 | United Kingdom 2,707.744 | India 2,622.984 | France 2,603.004 | Italy 1,886.445 | Canada 1,643.408 | South Korea 1,630.525 |
2015 | United States 18,036.650 | China 11,226.186 | Japan 4,382.420 | Germany 3,365.293 | United Kingdom 2,863.304 | France 2,420.163 | India 2,088.155 | Italy 1,825.820 | Brazil 1,801.482 | Canada 1,552.808 |
2010 | United States 14,964.401 | China 5,812.464 | Japan 5,793.455 | Germany 3,309.668 | France 2,560.002 | United Kingdom 2,246.079 | Brazil 2,087.889 | Italy 2,051.412 | India 1,729.010 | Russia 1,638.463 |
2005 | United States 13,093.700 | Japan 4,755.980 | Germany 2,866.308 | United Kingdom 2,511.165 | China 2,308.786 | France 2,207.450 | Italy 1,855.834 | Canada 1,169.467 | Spain 1,159.257 | South Korea 898.137 |
2000 | United States 10,284.750 | Japan 4,887.301 | Germany 1,955.673 | United Kingdom 1,442.316 | France 1,327.964 | China 1,214.912 | Italy 1,145.109 | Canada 742.319 | Mexico 683.650 | Brazil 655.454 |
1995 | Japan 6,119.000 | United States 6,115.729 | Germany 2,594.371 | France 1,611.198 | United Kingdom 1,320.618 | Italy 1,171.510 | Brazil 786.479 | China 736.870 | Spain 612.413 | Canada 604.034 |
1990 | United States 5,279.592 | Japan 3,133.547 | Soviet Union 2‚659.500 | West Germany 1,592.710 | France 1,278.666 | Italy 1,177.063 | United Kingdom 1,093.997 | Mexico 534.177 | Brazil 533.945 | Canada 533.920 |
1985 | United States 4,346.717 | Soviet Union 2‚200.000 | Japan 1,401.006 | West Germany 658.784 | France 559.846 | United Kingdom 534.244 | Italy 458.982 | Canada 364.771 | China 312.616 | India 237.618 |
1980 | United States 2,862.492 | Soviet Union 1,212.000 | Japan 1,099.695 | West Germany 919.609 | France 691.138 | United Kingdom 536.369 | Italy 459.829 | Canada 268.893 | Brazil 235.024 | China 226.003 |
1975 | United States 1,688.900 | Soviet Union 686.000 | Japan 512.861 | West Germany 474.790 | France 355.608 | United Kingdom 236.414 | Italy 219.392 | Canada 173.487 | China 160.751 | Brazil 115.880 |
1970 | United States 1,075.900 | Soviet Union 433.400 | Japan 209.071 | West Germany 208.868 | France 146.438 | United Kingdom 124.800 | Italy 109.257 | China 91.273 | Canada 87.734 | India 62.494 |
1965 | United States 712.082 | Soviet Union 367.400 | West Germany 124.625 | France 102.161 | United Kingdom 100.596 | Japan 90.950 | China 69.709 | Italy 67.978 | India 60.599 | Canada 53.910 |
1960 | United States 520.531 | Soviet Union 142.400 | West Germany 92.172 | United Kingdom 72.328 | France 61.552 | China 61.378 | Japan 44.307 | Canada 41.093 | Italy 40.385 | India 36.604 |
Year | 1st | 2nd | 3rd | 4th | 5th | 6th | 7th | 8th | 9th | 10th |
2020 | China 24,273.360 | United States 20,936.600 | India 9,907.028 | Japan 5,328.033 | Germany 4,469.546 | Russia 4,133.084 | Indonesia 3,302.377 | Brazil 3,153.597 | France 3,115.307 | United Kingdom 3,019.057 |
2015 | China 19,695.741 | United States 18,036.650 | India 8,003.405 | Japan 5,118.682 | Germany 3,860.114 | Russia 3,759.692 | Brazil 3,216.167 | Indonesia 2,849.796 | United Kingdom 2,700.627 | France 2,665.863 |
2010 | United States 14,964.400 | China 12,405.881 | India 5,312.261 | Japan 4,485.871 | Germany 3,279.529 | Russia 3,240.905 | Brazil 2,803.368 | France 2,340.155 | United Kingdom 2,251.123 | Italy 2,075.864 |
2005 | United States 13,093.700 | China 6,617.286 | Japan 4,056.757 | India 3,238.203 | Germany 2,804.578 | Russia 2,474.758 | Brazil 2,046.980 | France 2,046.601 | United Kingdom 2,008.467 | Italy 1,916.369 |
2000 | United States 10,284.775 | China 3,698.622 | Japan 3,405.450 | Germany 2,430.427 | India 2,077.843 | France 1,678.332 | Russia 1,635.277 | Italy 1,628.105 | Brazil 1,579.824 | United Kingdom 1,556.051 |
1995 | United States 7,664.075 | Japan 2,965.536 | China 2,254.642 | Germany 2,033.711 | India 1,426.298 | Russia 1,389.470 | Italy 1,356.581 | France 1,337.635 | Brazil 1,306.756 | United Kingdom 1,224.054 |
1990 | United States 5,279.575 | Soviet Union | Japan 2,431.093 | West Germany 1,636.133 | Italy 1,134.581 | France 1,112.013 | China 1,092.075 | United Kingdom 1,001.703 | Brazil 1,000.682 | India 986.896 |
1985 | Soviet Union | United States 4,346.750 | Japan 1,633.243 | West Germany 1,200.553 | Italy 1,044.727 | France 807.519 | Brazil 776.449 | United Kingdom 722.892 | China 654.954 | India 633.604 |
1980 | United States 2,862.475 | Soviet Union | Japan 1,027.017 | West Germany 866.222 | Italy 594.363 | France 578.363 | Brazil 570.249 | United Kingdom 498.558 | India 452.711 | China 419.053 |
The United States Department of Agriculture has calculated the share of every country to global real GDP from 1969 to 2010. [10]
It currently produces 17% of global GDP (nominal) and 14.5% of global GDP (PPP) in 2023.
The United States represented 28.69% of the world's economy in 1960 (highest point). It accounted for 1.8% of the world's economy in 1820, 8.9% in 1870, and 18.9% in 1913. The United States produced 25.3% (nominal) and 15.5% of global GDP (PPP) in 2022. [11]
China represented 1.61% of the world's economy in 1987 (lowest point), rising to 18.4% (nominal) and 19% (PPP) in 2022. It accounted for 25.4% of global GDP in 1 CE, 29% of world global output in 1600 CE, 17.3% of the world's economy in 1870, and 33% in 1820 (its highest point). China's share of global GDP varied from a quarter to a third of global output between the year 1 until the late 19th century. [11]
In the year 1CE India accounted for 32% of the world's GDP (its highest point). The gross domestic product of India in 1500 was estimated at about 24.4% of the world's economy, 22.4% in 1600, 16% in 1820, and 12.1% in 1870. India's share of global GDP declined to less than 2% of global GDP by the time of it's independence and would only gradually rise after the liberalization of its economy beginning in the 1990's. The Republic of India currently contributes 3.6% of world GDP (nominal) and 7.5% of global GDP (PPP) in 2023.
The gross world product (GWP), also known as gross world income (GWI), is the combined gross national income of all the countries in the world. Because imports and exports balance exactly when considering the whole world, this also equals the total global gross domestic product (GDP). According to the World Bank, the 2013 nominal GWP was approximately 75.59 trillion United States dollars. In 2017, according to the CIA's World Factbook, the GWP was around $80.27 trillion in nominal terms and totaled approximately 127.8 trillion international dollars in terms of purchasing power parity (PPP). The per capita PPP GWP in 2017 was approximately 17,500 international dollars according to the World Factbook. According to the World Bank, the 2020 GWP in current dollars was approximately $84.705 trillion.
The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production, consumption, economic management, work in general, financial transactions and trade of goods and services. In some contexts, the two terms are distinct: the "international" or "global economy" is 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.
The economy of Asia comprises about 4.7 billion people living in 50 different nations. Asia is the fastest growing economic region, as well as the largest continental economy by both GDP Nominal and PPP in the world. Moreover, Asia is the site of some of the world's longest modern economic booms.
The economy of North America comprises more than 596 million people in its 24 sovereign states and 15 dependent territories. It is marked by a sharp division between the predominantly English speaking countries of Canada and the United States, which are among the wealthiest and most developed nations in the world, and countries of Central America and the Caribbean in the former Latin America that are less developed. Mexico and Caribbean nations of the Commonwealth of Nations are between the economic extremes of the development of North America.
This is the Economic history of the Indian subcontinent. It includes the economic timeline of the region, from the ancient era to the present, and briefly summarizes the data presented in the Economic history of India and List of regions by past GDP (PPP) articles.
The economy of Guangdong is one of the most prosperous in China. Guangdong is located in southern China, bordering on Fujian Province to the east, Hunan Province to the north, Guangxi Autonomous Region to the west and the special administrative regions of Hong Kong and Macau to the south. It is also the largest economy of a sub-national entity in terms of GDP in all of Asia and 3rd largest sub-national entity in the world.
This article includes a list of China's historical gross domestic product (GDP) values, the market value of all final goods and services produced by a nation in a given year. The GDP dollar estimates presented here are either calculated at market or government official exchange rates (nominal), or derived from purchasing power parity (PPP) calculations. This article also includes historical GDP growth.
The economy of South Asia comprises 2 billion people living in eight countries. The Indian subcontinent was historically one of the richest regions in the world, comprising 25% of world GDP as recently as 1700, but experienced significant de-industrialisation and a doubling of extreme poverty during the colonial era of the late 18th to mid-20th century. In the post-colonial era, South Asia has grown significantly, with India advancing because of economic liberalisation from the 1980s onwards, and extreme poverty now below 15% in the region. South Asia has been the fastest-growing region of the world since 2014.