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 risen.

Overview of the ten largest economies

By average values of GDP (nominal)

The ten largest economies by average values of GDP (nominal)[lower-alpha 1] by every half decade from the available data in IMF, World Bank, and United Nations lists (in USD billions)[1][2][3][4]
Year 1st highlighter 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
14,964.400		  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

By average values of GDP (PPP)

The ten largest economies by average values of GDP (PPP)[lower-alpha 2] by every half decade from the available data in IMF and World Bank lists (in USD billions)[5][6][7][8][9]
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

World Bank statistics of the ten largest economies by GDP (PPP)

Angus Maddison statistics of the ten largest economies by GDP (PPP)

Main GDP countries

The United States Department of Agriculture has calculated the share of every country to global real GDP from 1969 to 2010.[10]

European Union

It currently produces 17% of global GDP (nominal) and 14.5% of global GDP (PPP) in 2023.

United States

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

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 (it's 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]

India

In the year 1CE India accounted for 32 per cent of the world's GDP (it's 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 it's 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.

Notes

  1. ↑ This is, the absolute gross domestic product or total productive output of a country, not corrected by cost of life.
  2. ↑ Purchasing power parity (PPP) is the exchange-rate-adjusted GDP, accounting for the value of money in different countries.

References

  1. ↑ "World's largest economies". CNNMoney.
  2. ↑ "National Accounts - Analysis of Main Aggregates (AMA)". unstats.un.org.
  3. ↑ World Bank GDP Data (December 2014)
  4. ↑ "World Economic Outlook". www.imf.org.
  5. ↑ "IMF historical GDP (PPP) Data (October 2014)". Imf.org. 2015-10-06. Retrieved 2015-10-08.
  6. ↑ "GDP, PPP; Table". Data.worldbank.org. 2014-12-16. Retrieved 2014-12-18.
  7. ↑ "Welcome to World Bank Intranet" (PDF).
  8. ↑ "Report for Selected Countries and Subjects". www.imf.org.
  9. ↑ Elliott, Larry (January 6, 2011). "GDP projections from PwC: how China, India and Brazil will overtake the West by 2050". the Guardian.
  10. ↑ ""Real Historical Gross Domestic Product (GDP) Shares and Growth Rates of GDP Shares", USDA, November 2009". Ers.usda.gov. Archived from the original on 2013-09-08. Retrieved 2014-01-19.
  11. 1 2 Azar Gat (2008). War in Human Civilization. Oxford University Press. p. 517. ISBN 978-0-19-923663-3.
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