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Largest Economies in the World by GDP

190 sovereign countries with data · World Bank 2023

$27.3TUnited States, the biggest economy on Earth

The United States economy exceeds $25 trillion, making it the largest in the world by total GDP. China is the world's second-largest economy, and together the top 10 economies produce over 65% of global GDP.

GDP (Gross Domestic Product) measures the total value of goods and services produced within a country in a given year. It is the most widely used indicator of economic size, though it does not capture income distribution or quality of life.

The USA and China together represent roughly 40% of world GDP, while India is the fastest-growing large economy. This ranking uses nominal GDP in current US dollars from World Bank data.

The ranking

top 50
Largest Economies in the World by GDP
1United States$27.3T
2China$18.3T
3Germany$4.6T
4Japan$4.2T
5India$3.6T
6United Kingdom$3.4T
7France$3.1T
8Italy$2.3T
9Brazil$2.2T
10Canada$2.2T
11Russia$2.1T
12South Korea$1.8T
13Mexico$1.8T
14Australia$1.7T
15Spain$1.6T
16Indonesia$1.4T
17Saudi Arabia$1.2T
18Turkey$1.1T
19Netherlands$1.1T
20Switzerland$894.4B
21Poland$812.5B
22Belgium$651.3B
23Argentina$649.5B
24Sweden$579.0B
25Ireland$567.4B
26United Arab Emirates$522.6B
27Austria$516.7B
28Thailand$515.9B
29Israel$512.2B
30Singapore$505.4B
31Nigeria$487.4B
32Norway$482.9B
33Iran$457.5B
34Bangladesh$437.4B
35Philippines$437.1B
36Vietnam$433.9B
37Denmark$404.7B
38Malaysia$399.9B
39Egypt$395.9B
40South Africa$381.4B
41Colombia$366.3B
42Romania$347.8B
43Czechia$345.1B
44Pakistan$336.7B
45Chile$335.5B
46Finland$295.0B
47Portugal$292.3B
48Iraq$268.9B
49Peru$267.0B
50Kazakhstan$261.8B

Source: World Bank, 2023. Only sovereign countries with recorded values are ranked. Missing values do not mean zero. Source and caveats

Questions

Which country leads this total gdp ranking?

United States leads the available sovereign-country records, with $27.3T. The source year is 2023. This is a comparison of countries with data, rather than a claim about missing countries.

How is the ranking calculated?

Recorded values from World Bank, 2023, are sorted from highest to lowest. Territories are excluded, and missing values are not treated as zero. 50 of 190 countries with data are shown.