Projected GDP Ranking (2019-2023)

Source International Monetary Fund World Economic Outlook (October - 2018)
Date02 Apr 2018

This ranking is based on projection by International Monetary Fund (IMF) outlook October 2018 for year 2019 and 2023.

In 2019, Top ten countries in nominal terms would be : United States, China, Japan, Germany, India, France, United Kingdom, Italy, Brazil and Canada. In ppp terms, Top ten countries would be : China, United States, India, Japan, Germany, Russia, Indonesia, Brazil, United Kingdom and France. In top 10, Eight countries are common in both methods. Others two Italy and Canada are in top 10 on nominal basis, while Russia and Indonesia are in top 10 on ppp basis.

In both methods, United States and China would occupy first two place. US would be the largest economy of world on nominal basis where as China would be largest on ppp basis. US is ahead of China by $7310 billion in 2019. 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, India which is at 7th place in 2018, is projected to surpass United Kingdom and France in 2019 to become 5th largest economy of the world. France is also projected to overtake United Kingdom. Switzerland would move up to 19th by displacing Turkey. Among top 50, Rank of Iran would down by 10 followed by Argentina, down by 4 position. Bangladesh might overtake Pakistan.

In top 50 ppp ranking, Egypt, Netherlands, Bangladesh, Peru, and Czech Republic would move up by one position by displacing Australia, Netherlands, South Africa, Austria and Norway, resp. in 2019.

United States (1,8) is present in both list of top ten GDP and GDP per capita ranking at nominal terms. Germany (4,18), Canada (10,19), Australia (14,11), Netherlands (17,13) and Switzerland (19,3) 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), and Saudi Arabia (16,15).

GDP (Nominal) Ranking 2019

Code RankCountry/economyGDP (Nominal) (billions of $) Growth (%)GDP per capita (Nominal) ($)Continent
2019% Sharediff2023Rank 2019Rank
PAK43Pakistan298.310.3397.25407.3425.281,456156Asia
USA1United States21,482.4124.4-24,67112.5465,0628North America
CHN2China14,172.2016.1731019,58126.1810,09972Asia
JPN3Japan5,220.575.9389525,90830.9441,41826Asia
DEU4Germany4,117.074.6711044,93741.8649,69218Europe
IND5India2,957.723.3611594,33057.442,188145Asia
FRA6France2,844.703.231133,36461.6243,50021Europe
GBR7United Kingdom2,809.913.1934.83,25771.4942,03623Europe
ITA8Italy2,112.802.406972,39681.0334,78428Europe
BRA9Brazil1,929.712.191832,35192.379,16075South America
CAN10Canada1,820.362.071092,322102.0548,60119North America
KOR11Korea1,699.681.931212,055112.5832,76630Asia
RUS12Russia1,649.211.8750.51,818121.8011,46168Europe
ESP13Spain1,474.121.671751,758142.2031,90633Europe
AUS14Australia1,464.411.669.711,794132.7757,20411Oceania
MEX15Mexico1,242.391.412221,527152.529,86673North America
IDN16Indonesia1,066.841.211761,446165.123,971121Asia
NLD17Netherlands933.181.061341,107172.6054,12913Europe
SAU18Saudi Arabia795.580.903138889.5192.4323,49143Asia
CHE19Switzerland731.140.83064.4873.6201.8285,1573Europe
TUR20Turkey631.160.717100.0958.3180.377,61586Europe
TWN21Taiwan Province of China626.720.7124.44774.0222.3626,51838Asia
POL22Poland581.290.66045.4787.7213.5115,31459Europe
SWE23Sweden563.240.63918.1669.1242.2354,13512Europe
BEL24Belgium545.190.61918.1637.9261.5447,53220Europe
THA25Thailand524.250.59520.9652.2253.867,57087Asia
AUT26Austria469.660.53354.6559.3272.1552,47414Europe
ARE27United Arab Emirates455.590.51714.1533.6293.6642,38422Asia
NOR28Norway448.460.5097.12503.5312.0682,7734Europe
NGA29Nigeria447.010.5081.45736.5232.262,244142Africa
ARG30Argentina408.030.46339.0540.728-1.629,05576South America
ZAF31South Africa385.530.43822.5456.4361.406,60992Africa
HKG32Hong Kong SAR380.860.4324.67479.2332.9350,56717Asia
IRL33Ireland379.800.4311.06469.9344.0177,1606Europe
ISR34Israel376.130.4273.67468.7353.4541,55925Asia
MYS35Malaysia372.630.4233.50498.5324.6011,33969Asia
DNK36Denmark362.150.41110.5438.1381.9462,04110Europe
SGP37Singapore359.620.4082.53434.9392.5562,9849Asia
COL38Colombia355.160.4034.46422.6403.597,04990South America
PHL39Philippines354.310.4020.85510.9306.633,246131Asia
IRN40Islamic Republic of Iran333.600.37920.7382.443-3.614,006120Asia
BGD41Bangladesh313.510.35620.1445.6377.101,882149Asia
CHL42Chile305.560.3477.95377.7443.4116,27758South America
EGY44Egypt298.150.3380.15414.8415.463,005134Africa
FIN45Finland282.010.32016.1331.1481.7650,87916Europe
VNM46Vietnam266.240.30215.8376.2456.502,788137Asia
CZE47Czech Republic264.500.3001.74342.9463.0524,93840Europe
IRQ48Iraq250.070.28414.4299.0496.526,11799Asia
ROU49Romania248.840.2831.23334.4473.4312,66964Europe
PRT50Portugal242.830.2766.01283.8511.8023,73141Europe
World 88,081 108,712 11,673

GDP (PPP) Ranking 2019

Code RankCountryGDP (PPP) (billions of Int. $) Growth (%)GDP per capita (PPP) (Int. $) Continent
2019% Sharediff2023 Rank2019Rank
CHN1China27,449.0519.2-37,19816.1819,55975Asia
USA2United States21,482.4115.0596724,67122.5465,06212North America
IND3India11,412.977.981006916,57537.448,443126Asia
JPN4Japan5,806.724.0656066,38040.9446,06931Asia
DEU5Germany4,555.473.1812515,18451.8654,98418Europe
RUS6Russia4,345.363.042104,96671.8030,19856Europe
IDN7Indonesia3,753.202.625924,96965.1213,969101Asia
BRA8Brazil3,524.062.462294,14982.3716,72786South America
GBR9United Kingdom3,144.552.203803,60991.4947,04230Europe
FRA10France3,081.002.1563.63,541101.6247,11328Europe
MEX11Mexico2,696.451.883853,256112.5221,41267North America
ITA12Italy2,474.391.732222,748131.0340,73737Europe
TUR13Turkey2,372.531.661022,808120.3728,62559Europe
KOR14Korea2,241.561.571312,690142.5843,21232Asia
ESP15Spain1,949.681.362922,249162.2042,19933Europe
SAU16Saudi Arabia1,942.561.367.122,277152.4357,35815Asia
CAN17Canada1,930.681.3511.92,227172.0551,54624North America
IRN18Islamic Republic of Iran1,627.141.143041,88519-3.6119,54176Asia
THA19Thailand1,403.550.9812241,741203.8620,26873Asia
EGY20Egypt1,396.980.9766.571,897185.4614,08199Africa
AUS21Australia1,383.930.96713.11,654212.7754,06021Oceania
TWN22Taiwan Province of China1,306.750.91377.21,525232.3655,29017Asia
POL23Poland1,270.560.88836.21,532223.5133,47246Europe
NGA24Nigeria1,221.050.85349.51,452262.266,130137Africa
MYS26Malaysia1,068.110.7461521,390274.6032,50251Asia
PHL27Philippines1,041.130.72827.01,458256.639,538119Asia
NLD28Netherlands1,018.970.71222.21,191282.6059,10514Europe
ARG29Argentina922.950.64596.01,10930-1.6220,48272South America
BGD30Bangladesh829.270.58093.71,172297.104,978143Asia
ZAF31South Africa819.090.57210.2948.1331.4014,042100Africa
COL32Colombia792.000.55327.1983.8323.5915,72091South America
ARE33United Arab Emirates775.880.54216.1947.2343.6672,1828Asia
VNM34Vietnam769.670.5386.211,067316.508,060128Asia
IRQ35Iraq733.930.51335.7878.6356.5217,95283Asia
DZA36Algeria693.110.48440.8778.9362.7116,08688Africa
SGP37Singapore582.550.407111698.4372.55102,0274Asia
CHE38Switzerland573.360.4019.19660.1411.8266,78011Europe
BEL39Belgium570.100.3983.26651.9421.5449,70525Europe
SWE40Sweden566.770.3963.33660.5402.2354,47419Europe
ROU41Romania543.170.38023.6663.5393.4327,65362Europe
KAZ42Kazakhstan534.670.3748.50663.8383.1328,53660Asia
HKG43Hong Kong SAR508.830.35625.8618.6432.9367,55810Asia
CHL44Chile507.940.3550.89617.2443.4127,05963South America
PER45Peru487.420.34120.5615.6454.1215,00093South America
AUT46Austria484.070.3383.35553.2472.1554,08420Europe
CZE47Czech Republic417.210.29266.9496.9493.0539,33738Europe
NOR48Norway415.130.2902.07481.3512.0676,6217Europe
UKR49Ukraine410.810.2874.32502.9482.749,683118Europe
IRL50Ireland402.080.2818.73487.7504.0181,6866Europe
PAK25Pakistan1,219.720.8521.331,493244.015,958140Asia
World 143,089 177,424 18,961