World GDP Ranking 2018 - StatisticsTimes.com

Projected GDP Ranking (2018-2023)

Source	International Monetary Fund World Economic Outlook (April - 2018)
Date	09 Jun 2018

This ranking is based on projection by International Monetary Fund (IMF) outlook April 2018 for year 2018 and 2023.

In 2018, Top ten countries in nominal terms are : United States, China, Japan, Germany, United Kingdom, France, India, Italy, Brazil and Canada. In ppp terms, Top ten countries are : China, United States, India, Japan, Germany, Russia, Indonesia, Brazil, United Kingdom and France. In top 10, Eight countries are common in both method. Others two Italy and Canada are in top 10 on nominal basis, while Russia and Indonesia are in top 10 on ppp basis. Contribution of top ten economies is 67.1 percent and 61.54 percent of total global wealth in nominal and ppp terms, respectively.

In both methods, United States and China occupied first two place. US is the largest economy of world on nominal basis where as China is largest on ppp basis. US is ahead of China by $6320 billion in 2018. This margin may come down to $2963 in 2023. China has overtook US in 2014 on ppp basis. China will remain the world's largest economy on ppp basis over the next few decades as 2nd ranked US is growing slow and 3rd ranked India is way behind.

In nominal ranking, Gap between United Kingdom, France and India (5th to 7th) is very low, so India as a fast growing nation may overtake them within 1-2 year.

Among top ten world's largest economies, India has very low per capita income having 142th position in nominal and 126th position in ppp ranking. next lower ranked economy is china at 72th place in nominal and Indonesia at 99th place in ppp terms.

United States (1,9) is present in both list of top ten GDP and GDP per capita ranking at nominal terms. Germany (4,17), Canada (10,20), Australia (14,11), Netherlands (17,13) and Switzerland (20,2) are in top twenty list of both ranking. In PPP, no economy in top ten in both ranking. Four economies in both list of top 20: United States (2,12), Germany (5,18), Saudi Arabia (17,15) and Australia (19,20).

Top Statistics :

Asian countries by GDP Countries by GDP (Nominal) Countries by GDP (Nominal) per capita Countries by GDP (PPP) Countries by GDP (PPP) per capita

GDP (Nominal) Ranking 2018

Rank	Country/economy	GDP (Nominal) (billions of $)					Growth (%)	GDP per capita (Nominal) ($)		Continent
Rank	Country/economy	2018	% Share	diff	2023	Rank	Growth (%)	2018	Rank	Continent
45	Egypt	253.25	0.289	27.0	367.6	44	4.23	2611	135	Africa
41	Pakistan	324.73	0.289	3.25	471.4	37	5.28	1615	151	Asia
1	United States	20,412.87	23.3	-	24,537	1	2.27	62,152	9	North America
2	China	14,092.51	16.1	6320	21,574	2	6.86	10,088	72	Asia
3	Japan	5,167.05	5.90	8925	5,962	3	1.71	40,849	25	Asia
4	Germany	4,211.64	4.81	955	5,272	4	2.51	50,842	17	Europe
5	United Kingdom	2,936.29	3.36	1275	3,477	7	1.79	44,177	23	Europe
6	France	2,925.10	3.34	11.2	3,586	6	1.85	44,934	21	Europe
7	India	2,848.23	3.25	76.9	4,663	5	6.74	2,135	142	Asia
8	Italy	2,181.97	2.49	666	2,554	9	1.47	35,914	27	Europe
9	Brazil	2,138.92	2.44	43.1	2,717	8	0.98	10,224	71	South America
10	Canada	1,798.51	2.06	340	2,434	10	3.00	48,466	20	North America
11	Russia	1,719.90	1.97	78.6	1,974	12	1.55	11,947	65	Europe
12	Korea	1,693.25	1.94	26.7	2,155	11	3.09	32,775	29	Asia
13	Spain	1,506.44	1.72	187	1,875	14	3.05	32,559	31	Europe
14	Australia	1,500.26	1.71	6.18	1,958	13	2.27	59,655	11	Oceania
15	Mexico	1,212.83	1.39	287	1,586	15	2.04	9,723	74	North America
16	Indonesia	1,074.97	1.23	138	1,549	16	5.07	4,052	116	Asia
17	Netherlands	945.33	1.08	130	1,168	18	3.11	55,185	13	Europe
18	Turkey	909.89	1.04	35.4	1,224	17	7.05	11,114	68	Asia
19	Saudi Arabia	748.00	0.855	162	866.0	21	-0.74	22,650	42	Asia
20	Switzerland	741.69	0.848	6.32	929.3	19	1.07	86,835	2	Europe
21	Argentina	625.92	0.715	116	831.7	22	2.86	14,044	60	South America
22	Poland	614.19	0.702	11.7	793.2	23	4.55	16,180	55	Europe
23	Taiwan Province of China	613.30	0.701	0.90	659.6	26	2.79	25,977	37	Asia
24	Sweden	600.77	0.687	12.5	745.0	24	2.40	58,345	12	Europe
25	Belgium	562.23	0.643	38.5	685.8	25	1.71	49,272	18	Europe
26	Thailand	483.74	0.553	78.5	649.9	27	3.90	6,992	85	Asia
27	Austria	477.67	0.546	6.07	595.4	28	2.90	53,764	14	Europe
28	Norway	443.25	0.507	34.4	520.6	31	1.81	82,711	5	Europe
29	Islamic Republic of Iran	418.88	0.479	24.4	472.3	36	4.28	5,086	102	Asia
30	United Arab Emirates	411.83	0.471	7.05	515.4	32	0.53	39,484	26	Asia
31	Nigeria	408.61	0.467	3.21	873.9	20	0.82	2,108	143	Africa
32	Ireland	385.14	0.440	23.5	505.6	33	7.81	80,641	6	Europe
33	Israel	373.75	0.427	11.4	482.1	35	3.32	42,115	24	Asia
34	South Africa	370.89	0.424	2.86	455.8	39	1.32	6,459	91	Africa
35	Denmark	369.76	0.423	1.13	465.4	38	2.11	63,830	8	Europe
36	Malaysia	364.92	0.417	4.84	568.0	29	5.90	11,237	67	Asia
37	Hong Kong SAR	364.78	0.417	0.14	489.8	34	3.82	48,829	19	Asia
38	Singapore	349.66	0.400	15.1	437.8	41	3.62	61,767	10	Asia
39	Philippines	332.45	0.380	17.2	523.0	30	6.67	3,095	131	Asia
40	Colombia	327.98	0.375	4.47	435.0	42	1.77	6,581	89	South America
42	Finland	289.56	0.331	35.2	356.8	47	2.99	52,422	15	Europe
43	Bangladesh	285.82	0.327	3.74	444.2	40	7.14	1,734	150	Asia
44	Chile	280.27	0.320	5.55	359.8	45	1.47	15,087	58	South America
46	Czech Republic	251.58	0.288	1.67	358.2	46	4.29	23,750	40	Europe
47	Portugal	248.89	0.284	2.69	301.8	50	2.67	24,237	39	Europe
48	Romania	245.59	0.281	3.30	350.6	48	7.00	12,575	63	Europe
49	Vietnam	240.78	0.275	4.81	373.8	43	6.81	2,546	137	Asia
50	Peru	231.57	0.265	9.21	311.2	49	2.51	7,199	84	South America
	World	87,505			114,353			11,727

GDP (PPP) Ranking 2018

Rank	Country	GDP (PPP) (billions of Int. $)					Growth (%)	GDP per capita (PPP) (Int. $)		Continent
Rank	Country	2018	% Share	diff	2023	Rank	Growth (%)	2018	Rank	Continent
1	China	25,238.56	18.7	-	37,067	1	6.86	18,066	79	Asia
2	United States	20,412.87	15.1	4826	24,537	2	2.27	62,152	12	North America
3	India	10,385.43	7.69	10027	16,785	3	6.74	7,784	126	Asia
4	Japan	5,619.49	4.16	4766	6,358	4	1.71	44,426	31	Asia
5	Germany	4,373.95	3.24	1246	5,171	5	2.51	52,801	18	Europe
6	Russia	4,168.88	3.09	205	4,933	7	1.55	28,958	54	Europe
7	Indonesia	3,492.21	2.59	677	5,033	6	5.07	13,162	99	Asia
8	Brazil	3,388.96	2.51	103	4,168	8	0.98	16,199	84	South America
9	United Kingdom	3,028.57	2.24	360	3,598	9	1.79	45,566	28	Europe
10	France	2,960.25	2.19	68.3	3,544	10	1.85	45,474	29	Europe
11	Mexico	2,571.68	1.91	389	3,267	11	2.04	20,617	68	North America
12	Italy	2,399.83	1.78	172	2,755	13	1.47	39,500	35	Europe
13	Turkey	2,320.64	1.72	79.2	3,053	12	7.05	28,347	55	Asia
14	Korea	2,138.24	1.58	182	2,693	14	3.09	41,388	32	Asia
15	Spain	1,864.11	1.38	274	2,240	17	3.05	40,290	33	Europe
16	Canada	1,847.08	1.37	17.0	2,216	18	3.00	49,775	24	North America
17	Saudi Arabia	1,844.75	1.37	2.33	2,250	16	-0.74	55,859	15	Asia
18	Islamic Republic of Iran	1,749.43	1.30	95.3	2,356	15	4.28	21,241	67	Asia
19	Australia	1,312.53	0.972	437	1,653	21	2.27	52,191	20	Oceania
20	Thailand	1,310.57	0.971	1.96	1,721	20	3.90	18,944	75	Asia
22	Taiwan Province of China	1,234.86	0.915	57.9	1,498	24	2.79	52,305	19	Asia
23	Poland	1,193.11	0.884	41.8	1,517	23	4.55	31,430	48	Europe
24	Nigeria	1,168.40	0.866	24.7	1,417	26	0.82	6,027	134	Africa
26	Malaysia	1,002.06	0.742	139	1,397	27	5.90	30,858	50	Asia
27	Netherlands	966.74	0.716	35.3	1,176	29	3.11	56,436	14	Europe
28	Argentina	959.53	0.711	7.21	1,235	28	2.86	21,529	66	South America
29	Philippines	955.22	0.708	4.31	1,466	25	6.67	8,893	120	Asia
30	South Africa	794.71	0.589	161	954.1	33	1.32	13,840	93	Africa
31	Bangladesh	751.95	0.557	42.8	1,159	30	7.14	4,561	144	Asia
32	Colombia	750.28	0.556	1.67	980.4	32	1.77	15,055	89	South America
33	United Arab Emirates	716.17	0.531	34.1	916.0	34	0.53	68,662	8	Asia
34	Vietnam	705.77	0.523	10.4	1,062	31	6.81	7,463	127	Asia
35	Iraq	694.65	0.515	11.1	883.9	35	-0.80	17,429	82	Asia
36	Algeria	666.96	0.494	27.7	783.8	36	1.99	15,758	86	Africa
37	Singapore	554.86	0.411	112	694.4	37	3.62	98,014	4	Asia
38	Belgium	550.66	0.408	4.19	652.6	40	1.71	48,258	25	Europe
39	Sweden	546.53	0.405	4.13	663.5	39	2.40	53,078	17	Europe
40	Switzerland	541.35	0.401	5.18	649.2	41	1.07	63,380	11	Europe
41	Romania	517.51	0.383	23.8	664.9	38	7.00	26,499	60	Europe
42	Kazakhstan	503.89	0.373	13.6	645.6	42	3.99	27,293	58	Asia
43	Hong Kong SAR	482.10	0.357	21.8	616.3	43	3.82	64,533	10	Asia
44	Chile	476.82	0.353	5.29	610.5	44	1.47	25,668	62	South America
45	Austria	461.43	0.342	15.4	548.5	47	2.90	51,936	21	Europe
46	Peru	450.15	0.333	11.3	599.2	45	2.51	13,994	92	South America
47	Czech Republic	397.73	0.295	52.4	497.0	49	4.29	37,546	39	Europe
48	Norway	396.92	0.294	0.81	479.6	51	1.81	74,065	7	Europe
49	Ukraine	389.20	0.288	7.72	512.5	48	2.53	9,215	118	Europe
50	Ireland	381.72	0.283	7.48	491.9	50	7.81	79,925	5	Europe
21	Egypt	1,292.75	0.902	17.8	1	19	4.23	2,611	135	Africa
25	Pakistan	1,141.21	0.796	27.2	1	22	5.28	1,615	151	Asia
	World	134,981			178,018			18,089

Projected GDP Ranking (2018-2023)

See Also:

Top Statistics :

GDP (Nominal) Ranking 2018

GDP (PPP) Ranking 2018