Ranking · Economy

GDP by country

The United States had the largest economy in 2025, producing $30.8 trillion in goods and services. China was second at $19.6 trillion. Germany, Japan and the United Kingdom completed the top five. The world economy reached about $118 trillion, and the United States and China together accounted for about 43% of it.

IMF World Economic Outlook (April 2026) and Goldman Sachs projections · 189 countries · Updated September 2026

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Nominal GDP in US dollars, IMF, 2025

World map shaded by nominal GDP in US dollars, IMF, 2025
  • Under $20bn
  • $20bn–$100bn
  • $100bn–$500bn
  • $500bn–$2tn
  • Over $2tn
  • Not in this ranking
GDP by country: Nominal GDP in US dollars, IMF, 2025
# Country GDP 2025 2050 forecast
1 United States $30.8tn $37.2tn
2 China $19.6tn $41.9tn
3 Germany $5.05tn $6.20tn
4 Japan $4.44tn $6.00tn
5 United Kingdom $4.00tn $5.20tn
6 India $3.92tn $22.2tn
7 France $3.37tn $4.60tn
8 Russia $2.59tn $4.50tn
9 Italy $2.55tn ·
10 Canada $2.32tn $3.40tn
11 Brazil $2.28tn $4.90tn
12 Spain $1.90tn ·
13 South Korea $1.87tn ·
14 Australia $1.84tn ·
15 Mexico $1.83tn $4.20tn
16 Turkey $1.60tn ·
17 Indonesia $1.45tn $6.30tn
18 Netherlands $1.33tn ·
19 Saudi Arabia $1.28tn $3.50tn
20 Switzerland $1.04tn ·
21 Poland $1.04tn ·
22 Taiwan $920bn ·
23 Belgium $725bn ·
24 Ireland $718bn ·
25 Argentina $681bn ·
26 Sweden $669bn ·
27 Israel $611bn ·
28 Singapore $604bn ·
29 Austria $580bn ·
30 Thailand $577bn ·
31 United Arab Emirates $572bn ·
32 Norway $531bn ·
33 Vietnam $494bn ·
34 Philippines $487bn ·
35 Malaysia $472bn ·
36 Denmark $462bn ·
37 Bangladesh $458bn ·
38 Colombia $457bn ·
39 Romania $428bn ·
40 South Africa $427bn ·
41 Pakistan $408bn ·
42 Czechia $389bn ·
43 Iran $371bn ·
44 Egypt $365bn $3.50tn
45 Chile $355bn ·
46 Portugal $346bn ·
47 Peru $341bn ·
48 Finland $317bn ·
49 Kazakhstan $303bn ·
50 Nigeria $290bn $3.40tn
51 Algeria $286bn ·
52 Greece $280bn ·
53 Iraq $264bn ·
54 New Zealand $259bn ·
55 Hungary $247bn ·
56 Qatar $221bn ·
57 Ukraine $213bn ·
58 Morocco $183bn ·
59 Kuwait $158bn ·
60 Slovakia $154bn ·
61 Uzbekistan $147bn ·
62 Angola $142bn ·
63 Kenya $136bn ·
64 Bulgaria $131bn ·
65 Ecuador $130bn ·
66 Dominican Republic $128bn ·
67 Guatemala $121bn ·
68 Ghana $115bn ·
69 Ethiopia $109bn ·
70 Oman $106bn ·
71 Croatia $106bn ·
72 Costa Rica $103bn ·
73 Luxembourg $101bn ·
74 Serbia $100.0bn ·
75 Venezuela $99.7bn ·
76 Côte d'Ivoire $98.9bn ·
77 Lithuania $94.9bn ·
78 DR Congo $92.8bn ·
79 Belarus $92.8bn ·
80 Panama $90.5bn ·
81 Tanzania $87.3bn ·
82 Uruguay $85.6bn ·
83 Myanmar $82.4bn ·
84 Slovenia $79.6bn ·
85 Turkmenistan $77.4bn ·
86 Azerbaijan $75.9bn ·
87 Uganda $66.0bn ·
88 Bolivia $64.3bn ·
89 Jordan $61.7bn ·
90 Cameroon $59.3bn ·
91 Tunisia $57.6bn ·
92 Zimbabwe $53.5bn ·
93 Paraguay $49.4bn ·
94 Cambodia $49.3bn ·
95 Latvia $48.6bn ·
96 Bahrain $47.5bn ·
97 Estonia $47.0bn ·
98 Nepal $44.8bn ·
99 Libya $44.7bn ·
100 Cyprus $41.0bn ·
101 Sudan $39.7bn ·
102 Honduras $39.7bn ·
103 Iceland $38.6bn ·
104 Georgia $38.2bn ·
105 El Salvador $37.3bn ·
106 Senegal $37.1bn ·
107 Lebanon $34.5bn ·
108 Bosnia and Herzegovina $33.0bn ·
109 Papua New Guinea $32.5bn ·
110 Haiti $32.1bn ·
111 Albania $30.3bn ·
112 Mali $30.1bn ·
113 Armenia $29.2bn ·
114 Zambia $28.9bn ·
115 Malta $27.8bn ·
116 Guinea $27.2bn ·
117 Burkina Faso $27.1bn ·
118 Guyana $27.1bn ·
119 Trinidad and Tobago $25.9bn ·
120 Mongolia $25.4bn ·
121 Benin $24.4bn ·
122 Mozambique $22.3bn ·
123 Jamaica $22.3bn ·
124 Nicaragua $22.2bn ·
125 Chad $22.1bn ·
126 Niger $21.8bn ·
127 Gabon $21.6bn ·
128 Kyrgyzstan $21.6bn ·
129 Moldova $20.3bn ·
130 Afghanistan $19.7bn ·
131 Madagascar $19.6bn ·
132 Botswana $19.5bn ·
133 North Macedonia $19.1bn ·
134 Laos $17.8bn ·
135 Tajikistan $17.5bn ·
136 Bahamas $16.5bn ·
137 Mauritius $16.1bn ·
138 Rwanda $16.0bn ·
139 Brunei $15.9bn ·
140 Republic of the Congo $15.6bn ·
141 Malawi $15.0bn ·
142 Namibia $14.8bn ·
143 Somalia $13.0bn ·
144 Equatorial Guinea $12.5bn ·
145 Kosovo $12.4bn ·
146 Mauritania $12.3bn ·
147 Togo $11.9bn ·
148 Montenegro $9.2bn ·
149 Liechtenstein $9.0bn ·
150 Barbados $8.0bn ·
151 Yemen $7.9bn ·
152 Sierra Leone $7.7bn ·
153 Maldives $7.7bn ·
154 Burundi $6.9bn ·
155 Fiji $6.0bn ·
156 South Sudan $5.7bn ·
157 Liberia $5.2bn ·
158 Eswatini $5.2bn ·
159 Suriname $4.7bn ·
160 Andorra $4.5bn ·
161 Djibouti $4.4bn ·
162 Bhutan $3.5bn ·
163 Belize $3.3bn ·
164 Central African Republic $3.2bn ·
165 Cape Verde $3.1bn ·
166 Lesotho $2.9bn ·
167 Saint Lucia $2.7bn ·
168 Guinea-Bissau $2.6bn ·
169 Gambia $2.6bn ·
170 Seychelles $2.3bn ·
171 Antigua and Barbuda $2.3bn ·
172 San Marino $2.3bn ·
173 Timor-Leste $2.1bn ·
174 Solomon Islands $1.7bn ·
175 Comoros $1.6bn ·
176 Grenada $1.4bn ·
177 Vanuatu $1.3bn ·
178 Samoa $1.3bn ·
179 Saint Vincent and the Grenadines $1.2bn ·
180 Saint Kitts and Nevis $1.1bn ·
181 São Tomé and Príncipe $981m ·
182 Dominica $744m ·
183 Tonga $680m ·
184 Micronesia $502m ·
185 Kiribati $349m ·
186 Palau $345m ·
187 Marshall Islands $308m ·
188 Nauru $176m ·
189 Tuvalu $58m ·

Why they rank where they do

  • United States

    The United States produces roughly the same share of world output as it did in 1980, about a quarter.

  • Germany

    Germany's economy has barely grown since 2019. The cheap Russian gas that powered Germany's industrial model is gone, and Chinese electric vehicles now compete with Germany's car exports.

  • Russia

    Russia's economy, measured in dollars, is about the size of Italy's. War production keeps official growth positive, but tanks and shells count toward GDP whether or not they leave anyone better off.

  • Taiwan

    Taiwan makes about 90% of the world's most advanced computer chips, most of them at one company, TSMC. Many international tables leave Taiwan out because it lost its UN seat to Beijing in 1971, but the IMF includes it.

  • Ireland

    American tech and pharmaceutical companies book global profits through Dublin for tax reasons, inflating Ireland's GDP so much that Irish statisticians publish an alternative measure roughly 40% smaller.

  • Nigeria

    When Nigeria let the naira float in 2023, the currency lost roughly 70% of its value against the dollar. That roughly halved the dollar size of Nigeria's economy, even though Nigerians produced as much as before.

Will China's economy overtake the United States?

Measured by purchasing power, China already passed the United States in 2016 and is now about a third larger: $41.2 trillion against $30.8 trillion. At market exchange rates, the United States is still well ahead. Goldman Sachs projects that China will pass the United States at market exchange rates too, around 2035. By 2050 it expects China's economy to reach $41.9 trillion and America's $37.2 trillion, measured in 2021 dollars. The answer depends on which measure you use.

Which countries will have the largest economies in 2050?

Goldman Sachs projects that India will have the third largest economy by 2050, at $22.2 trillion, up from sixth place today. Indonesia is projected to rise to fourth, at $6.3 trillion, passing Germany, Japan and the United Kingdom. Germany falls to fifth at $6.2 trillion, Japan to sixth and the United Kingdom to seventh. Brazil is eighth. Goldman's forecasts are in 2021 dollars, which leaves out inflation, so they cannot be compared directly with today's figures in current dollars.

What is the difference between GDP and GDP at purchasing power?

GDP at market exchange rates converts each economy into dollars at the going rate. GDP at purchasing power adjusts for what money actually buys at home, so a haircut or a meal that costs fewer dollars counts for more. The gap can be large: India's economy is $3.9 trillion at market rates but $17.3 trillion at purchasing power, more than four times as much. For the United States, both figures are $30.8 trillion, because the measure is based on American prices.

How large is India's economy?

India's GDP was $3.9 trillion in 2025, making it the sixth largest economy. India was fifth in 2022 but slipped behind Japan and the United Kingdom after the rupee weakened and a 2026 revision of GDP statistics lowered the dollar total by about 4%. The IMF projects India will pass the United Kingdom again by 2027. By purchasing power, India's economy is $17.3 trillion.

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