Gross domestic product ranking table.

In 2024, the United States had the largest economy in the world, with a gross domestic product of just under 29 trillion U.S. dollars. China had the second largest economy, at around 18.5 trillion U.S. dollars. Recent adjustments in the list have seen Germany's economy overtake Japan's to become the third-largest in the world in 2023, while Brazil's economy moved ahead of Italy's in 2024. Global gross domestic product Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one-quarter of this figure alone. The 12 largest economies in the world include all Group of Seven (G7) economies, as well as the four largest BRICS economies. The U.S. has consistently had the world's largest economy since the interwar period, and while previous reports estimated it would be overtaken by China in the 2020s, more recent projections estimate the U.S. economy will remain the largest by a considerable margin going into the 2030s.The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Those countries considered to have emerging or developing economies account for almost 60 percent of global gross domestic product, while advanced economies make up over 40 percent.

In 1938, the year before the Second World War, the United States had, by far, the largest economy in the world in terms of gross domestic product (GDP). The five Allied Great Powers that emerged victorious from the war, along with the three Axis Tripartite Pact countries that were ultimately defeated made up the eight largest independent economies in 1938.

When values are converted into 1990 international dollars, the U.S. GDP was over 800 billion dollars in 1938, which was more than double that of the second largest economy, the Soviet Union. Even the combined economies of the UK, its dominions, and colonies had a value of just over 680 billion 1990 dollars, showing that the United States had established itself as the world's leading economy during the interwar period (despite the Great Depression).

Interestingly, the British and Dutch colonies had larger combined GDPs than their respective metropoles, which was a key motivator for the Japanese invasion of these territories in East Asia during the war. Trade with neutral and non-belligerent countries also contributed greatly to the economic development of Allied and Axis powers throughout the war; for example, natural resources from Latin America were essential to the American war effort, while German manufacturing was often dependent on Swedish iron supplies.

The average for 2024 based on 184 countries was 3.25 percent. The highest value was in Guyana: 43.81 percent and the lowest value was in Sudan: -20.27 percent. The indicator is available from 1980 to 2028. Below is a chart for all countries where data are available.

This statistic presents the results of a survey on Thailand's perceived and actual economic ranking among the world's top 200 countries as of October 2018. According to data published by Ipsos, Thai respondents underestimated their country's global economic ranking by far. On average, the respondents thought that Thailand´s GDP ranked number 101 among top 200 countries, when actually Thailand was the 26th largest economy in the world.

This dataset contains World Economic Outlook between 1980 - 2025. Data from International Monetary Fund.

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*Due to the high level of uncertainty in current global economic conditions, the April 2020 WEO database and statistical tables contain only these indicators: real GDP growth, consumer price index, current account balance, unemployment, per capita GDP growth, and fiscal balance. Projections for these indicators are provided only through 2021.

The Timorese authorities have revised the compilation methodology of GDP and, under the new classification, oil and gas revenue before September 2019, which was previously classified as export in national accounts, is now classified as primary income.

The statistic shows global gross domestic product (GDP) from 1985 to 2022, with projections up until 2029. In 2020, global GDP amounted to about 85.52 trillion U.S. dollars, two and a half trillion lower than in 2019. Gross domestic product Gross domestic product, also known as GDP, is the accumulated value of all finished goods and services produced in a country, often measured annually. GDP is significant in determining the economic health, growth and productivity in the country, and is a stat often used when comparing several countries at a time, most likely in order to determine which country has seen the most progress. Until 2020, Global GDP had experienced a growth every year since 2010. However, a strong growth rate does not necessarily lead to all positive outcomes and often has a negative effect on inflation rates. A severe growth in GDP leads to lower unemployment, however lower unemployment often leads to higher inflation rates due to demand increasing at a much higher rate than supply and as a result prices rise accordingly. In terms of unemployment, growth had been fairly stagnant since the economic downturn of 2007-2009, but it remains to be seen what the total impact of the coronavirus pandemic will be on total employment.

The average for 2023 based on 40 countries was 34.95 percent. The highest value was in Djibouti: 169.11 percent and the lowest value was in Nepal: 6.96 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

The average for 2023 based on 193 countries was -0.04 points. The highest value was in Singapore: 2.32 points and the lowest value was in Yemen: -2.28 points. The indicator is available from 1996 to 2023. Below is a chart for all countries where data are available.

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The Gross Domestic Product (GDP) in Iran was worth 404.63 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Iran represents 0.38 percent of the world economy. This dataset provides - Iran GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Singapore led the Index of Economic Freedom in 2024, with an index score of 83.5 out of 100. Switzerland, Ireland, Taiwan, and Luxembourg rounded out the top five. Economic Freedom Index In order to calculate the Economic Freedom Index, the source takes 12 different factors into account, including the rule of law, government size, regulatory efficiency, and open markets. All 12 factors are rated on a scale of zero to 100 and are weighted equally. Every country is rated within the Index in order to provide insight into the health and freedom of the global economy. Singapore's economy Singapore is one of the four so-called Asian Tigers, a term used to describe four countries in Asia that saw a booming economic development from the 1950s to the early 1990. Today, the City-State is known for its many skyscrapers, and its economy continue to boom. It has one of the lowest tax-rates in the Asia-Pacific region, and continues to be open towards foreign direct investment (FDI). Moreover, Singapore has one of the highest trade-to-GDP ratios worldwide, underlining its export-oriented economy. Finally, its geographic location has given it a strategic position as a center connecting other countries in the region with the outside world. However, the economic boom has come at a cost, with the city now ranked among the world's most expensive.

The Gross Domestic Product (GDP) in Pakistan was worth 338.37 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Pakistan represents 0.32 percent of the world economy. This dataset provides - Pakistan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Togo TG: CPIA: Trade Rating: 1=Low To 6=High data was reported at 4.000 NA in 2017. This stayed constant from the previous number of 4.000 NA for 2016. Togo TG: CPIA: Trade Rating: 1=Low To 6=High data is updated yearly, averaging 4.000 NA from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 4.000 NA in 2017 and a record low of 4.000 NA in 2017. Togo TG: CPIA: Trade Rating: 1=Low To 6=High data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Togo – Table TG.World Bank: Policy and Institutions. Trade assesses how the policy framework fosters trade in goods.; ; World Bank Group, CPIA database (http://www.worldbank.org/ida).; Unweighted average;

Ivory Coast CI: CPIA: Trade Rating: 1=Low To 6=High data was reported at 4.000 NA in 2017. This stayed constant from the previous number of 4.000 NA for 2016. Ivory Coast CI: CPIA: Trade Rating: 1=Low To 6=High data is updated yearly, averaging 4.000 NA from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 4.000 NA in 2017 and a record low of 3.500 NA in 2007. Ivory Coast CI: CPIA: Trade Rating: 1=Low To 6=High data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ivory Coast – Table CI.World Bank.WDI: Policy and Institutions. Trade assesses how the policy framework fosters trade in goods.; ; World Bank Group, CPIA database (http://www.worldbank.org/ida).; Unweighted average;

Senegal SN: CPIA: Trade Rating: 1=Low To 6=High data was reported at 4.500 NA in 2017. This stayed constant from the previous number of 4.500 NA for 2016. Senegal SN: CPIA: Trade Rating: 1=Low To 6=High data is updated yearly, averaging 4.500 NA from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 4.500 NA in 2017 and a record low of 4.000 NA in 2010. Senegal SN: CPIA: Trade Rating: 1=Low To 6=High data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Senegal – Table SN.World Bank: Policy and Institutions. Trade assesses how the policy framework fosters trade in goods.; ; World Bank Group, CPIA database (http://www.worldbank.org/ida).; Unweighted average;

The Gross Domestic Product (GDP) in South Korea was worth 1712.79 billion US dollars in 2023, according to official data from the World Bank. The GDP value of South Korea represents 1.62 percent of the world economy. This dataset provides - South Korea GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic presents the results of a survey on Australia's perceived and actual economic ranking among the world's top 200 countries as of October 2018. According to data published by Ipsos, respondents in Australia underestimated Australia´s global economic ranking. On average, the respondents thought that Australia's GDP ranked number 30 among top 200 countries, when actually Australia ranked number twelve in the world.

This dataset provides values for CREDIT RATING reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The average for 2021 based on 44 countries was 4.56 percent. The highest value was in Kiribati: 14.2 percent and the lowest value was in Nigeria: 0.38 percent. The indicator is available from 1970 to 2023. Below is a chart for all countries where data are available.