List of Countries by Projected GDP

Source International Monetary Fund World Economic Outlook (October - 2024)
Date31 Oct 2024

In 2024, the United States and China will remain the largest economies in nominal and PPP, respectively. Tuvalu would be the world's smallest economy in both methods. In exchange rate methods, the largest economy, the United States, represents an above quarter share (26.5%) of the global economy, while the smallest economy, Tuvalu contributes only 0.00007 percent. In PPP, the biggest economy, China shares 19.1% of the world, and the lowest-ranked Tuvalu shares 0.00003 percent.

In nominal data, nineteen economies would have a GDP above $1 trillion. Seventy-two would have an economy of above $100 billion. Venezuela is projected to move above $100 billion.

Out of 194 economies, GDP (nominal) of 173 economies would increase, and 21 economies would decrease in 2024 compared to 2023. With $1.45 tn, the United States will be the top contributor, followed by China ($515 bn), India ($322 bn), Türkiye ($214 bn), and the United Kingdom ($205 bn). The top five decliners would be Nigeria ($-164.1 bn), Japan ($-149.7 bn), Argentina ($-41.1 bn), Ethiopia ($-14.7 bn), and Egypt ($-13.8 bn). Guyana (+13) would climb most in the nominal ranking, followed by Haiti (+12), Kyrgyz Republic (+6), Colombia (+5), and Niger (+5). West Bank and Gaza (-21), Nigeria (-15), Lebanon (-10), and Sudan (-8) would lose most in the ranking.

In ppp data, 32 economies would have GDP above Int. $1 trillion. 101 economies would have an economy of greater than Int. $100 billion. Luxembourg and Georgia are projected to move above Int. $100 bn.

Out of 194 economies, GDP (ppp) of 185 economies would increase, and nine economies would decrease in 2024 compared to 2023. China (Int. $2531 bn), the United States (Int. $1447 bn), India (Int. $1400 bn), Russia (Int. $397 bn), and Indonesia (Int. $324 bn) would be the top gainers. Sudan (Int. $-28 bn), Argentina (Int. $-16 bn), West Bank and Gaza (Int. $-15 bn), Lebanon (Int. $-7 bn), and South Sudan (Int. $-4 bn) would be the top decliners. Guyana would improve its rank by 16 spots, followed by Macao SAR (+4), Niger (+4), Mauritius (+4), and Togo (+4). Lebanon (-11), West Bank and Gaza (-8), and South Sudan (-7) are the top decliners in the ppp ranking.

  • Nominal
  • PPP
  • GDP
  • Change in GDP
  • Choropleth Map
  • Bubble Map
Code Country/Economy GDP Nominal (billions of $) GDP PPP (billions of Int. $)
2023Rank2024Rankshare (%) 2023Rank2024Rankshare (%)
PSEWest Bank and Gaza 17.4211329.0001530.0081830.46114815.0001560.00771
AFGAfghanistan 17.32913316.5001350.015091.66810290.0001040.0463
LBNLebanon 24.02311621.0001260.019166.67811360.0001240.0308
LKASri Lanka 84.3627589.000760.0809318.67063330.000630.170
ALBAlbania22.82211826.1301150.023755.04912458.1961250.0299
DZAAlgeria240.06454260.134520.236776.95640826.136400.425
ANDAndorra3.7281663.9301660.003575.7351705.9551720.00306
AGOAngola109.67866113.286670.103357.56259374.937600.193
ATGAntigua and Barbuda2.0441762.2921740.002083.0091783.2611780.00168
ARGArgentina645.51123604.382250.5491,369.902291,353.804310.696
ARMArmenia24.08611525.2511180.022963.82611669.2971130.0356
ABWAruba3.9451644.2581650.003875.2571745.6791740.00292
AUSAustralia1,740.622141,802.006141.641,831.059191,897.885190.975
AUTAustria517.66227535.804280.487655.43843667.153440.343
AZEAzerbaijan72.3568575.649840.0687239.61273253.121720.130
BHSThe Bahamas14.33814214.8251430.013514.67615615.3121540.00787
BHRBahrain46.0809547.812960.0434100.14099105.646990.0543
BGDBangladesh451.53433451.468350.4101,568.544241,692.743240.870
BRBBarbados6.7211567.2011560.006546.0241696.4081690.00329
BLRBelarus71.7928673.129870.0664276.40567293.136660.151
BELBelgium632.39924662.183230.602834.15536863.837360.444
BLZBelize3.0691673.3421670.003045.6951726.1461710.00316
BENBenin19.67912521.3221250.019458.27812063.5411190.0327
BTNBhutan2.9081683.1511680.0028612.04916212.9791610.00667
BOLBolivia45.4689648.172950.0438133.77192139.158920.0715
BIHBosnia and Herzegovina27.05511428.4041120.025870.77611074.2781110.0382
BWABotswana19.39612719.9661290.018151.87812653.6421310.0276
BRABrazil2,173.67192,188.419101.994,456.61174,702.00472.42
BRNBrunei Darussalam15.12613815.7101400.014339.13313841.0161380.0211
BGRBulgaria101.61170108.425710.0985237.58774248.906740.128
BFABurkina Faso20.28312221.8581230.019963.49111768.5801140.0352
BDIBurundi4.2411624.2851640.0038912.58516113.1741600.00677
CPVCabo Verde2.5881702.7561700.002505.4381735.8301730.00300
KHMCambodia43.3049947.147970.0428129.42893139.801910.0719
CMRCameroon49.2879253.391920.0485153.37187163.156870.0839
CANCanada2,142.471102,214.79692.012,488.523162,582.228161.33
CAFCentral African Republic2.6311692.8231690.002566.6531686.9101670.00355
TCDChad17.60513118.6701320.017049.42213052.2201320.0268
CHLChile335.64247328.720460.299642.82444674.388430.347
CHNChina17,758.046218,273.357216.634,540.882137,072.086119.1
COLColombia363.57043417.207380.3791,085.436321,129.638320.581
COMComoros1.3401801.4501800.001323.2411773.4351770.00177
CODDemocratic Republic of the Congo66.9238872.483880.0659177.34181190.131800.0977
COGRepublic of Congo14.16914315.0441410.013738.37314040.4031400.0208
CRICosta Rica86.5097395.149730.0864148.98490158.645880.0815
CIVCôte d'Ivoire78.8877986.993780.0790224.32276244.611760.126
HRVCroatia82.7117789.665750.0815176.81282187.192810.0962
CYPCyprus32.23910734.7901060.031652.13812555.1401280.0283
CZECzech Republic343.20845342.992450.312599.02547619.881470.319
DNKDenmark407.09236412.293390.375475.86153496.696530.255
DJIDjibouti4.0111634.3341630.003948.2261658.9711650.00461
DMADominica0.6541870.7031870.000641.2861861.3771860.00071
DOMDominican Republic121.78563126.238630.115290.35364312.565640.161
ECUEcuador118.84564121.425640.110288.79765296.728650.153
EGYEgypt393.82838380.044430.3452,123.027172,231.822171.15
SLVEl Salvador34.01610635.8481050.032679.85910684.2201070.0433
GNQEquatorial Guinea11.97514812.8841470.011731.92714734.5901460.0178
ESTEstonia41.29710143.0441020.039164.57911465.5371180.0337
SWZEswatini4.8561605.1451600.0046714.23215715.2441550.00783
ETHEthiopia159.74760145.031610.132399.99156434.441560.223
FJIFiji5.4421595.7731580.0052514.00315814.7661570.00759
FINFinland295.61848306.083470.278353.63860361.312610.186
FRAFrance3,052.71273,174.09972.884,211.40994,359.37292.24
GABGabon20.05912420.8971270.019051.57712754.4721300.0280
GMBThe Gambia2.3611732.6931710.002458.7741649.5091640.00489
GEOGeorgia30.53611133.1911080.030292.846101102.2451000.0525
DEUGermany4,527.00934,710.03234.285,876.40766,017.22263.09
GHAGhana76.4028375.307850.0684254.86469269.105700.138
GRCGreece238.27555252.732530.230417.05855436.757550.224
GRDGrenada1.3241811.3931810.001272.2271802.3481800.00121
GTMGuatemala104.43669112.369690.102249.22272264.033710.136
GINGuinea23.00511725.4741170.023162.52311966.6241170.0342
GNBGuinea-Bissau2.0051772.1881750.001995.7221716.1521700.00316
GUYGuyana17.05013423.0331210.020942.54813662.6511200.0322
HTIHaiti19.60312626.2741140.023938.30714137.6541430.0194
HNDHonduras34.22910536.7351030.033476.41810981.0601090.0417
HKGHong Kong SAR380.81239401.751410.365539.20150569.828500.293
HUNHungary212.46457228.806550.208431.62554448.456540.230
ISLIceland31.32510832.9191090.029929.36114930.2411510.0155
INDIndia3,567.55253,889.13053.5314,619.782316,019.97038.23
IDNIndonesia1,371.171161,402.590161.274,334.72184,658.32182.39
IRNIslamic Republic of Iran372.82041434.243370.3951,600.141231,698.463230.873
IRQIraq252.40752264.149510.240639.75845655.417460.337
IRLIreland551.55426560.566260.509676.96542691.904420.356
ISRIsrael513.61130528.067310.480524.99651541.343510.278
ITAItaly2,301.60382,376.51082.163,490.541113,597.954111.85
JAMJamaica19.31512820.5861280.018732.56414633.7751470.0174
JPNJapan4,219.82844,070.09443.706,398.27556,572.19853.38
JORJordan50.8859153.305930.0484118.53995124.284940.0639
KAZKazakhstan263.37251292.553490.266783.77239830.605390.427
KENKenya108.74768116.321660.106349.03661375.356590.193
KIRKiribati0.2791910.3121910.000280.4241900.4591890.00024
KORKorea1,839.058121,869.916121.703,105.151143,258.366141.67
UVKKosovo10.44015211.1721490.010227.96615329.7231520.0153
KWTKuwait163.71659161.822590.147250.24970249.255730.128
KGZKyrgyz Republic13.99314515.7741390.014350.45412955.0101290.0283
LAOLao P.D.R.14.94313914.9491420.013670.13511174.7601100.0384
LVALatvia43.6409845.521980.041478.97010881.7981080.0420
LSOLesotho2.2111742.2971730.002096.7031677.0551660.00363
LBRLiberia4.3901614.7561620.004329.83516310.5791630.00544
LBYLibya43.9589744.8121000.0407101.17498106.123980.0545
LTULithuania77.8448082.789800.0752147.42391154.615900.0795
LUXLuxembourg85.7807491.210740.082998.258100101.8761010.0524
MACMacao SAR47.0619453.447910.048679.72910790.3061030.0464
MDGMadagascar15.79013717.2121340.015656.89612160.8771210.0313
MWIMalawi12.67414610.8441500.0098538.45013940.0741420.0206
MYSMalaysia399.70537439.748360.4001,279.182301,372.610290.705
MDVMaldives6.5731576.9841570.0063512.93116013.8671580.00713
MLIMali20.21012321.6531240.019764.50711568.5261150.0352
MLTMalta22.33511924.3971190.022237.50014240.3161410.0207
MHLMarshall Islands0.2591920.2791920.000250.2531920.2721920.00014
MRTMauritania10.64915110.7611510.0097834.88714437.2851440.0192
MUSMauritius14.55714115.8901370.014437.21614340.4291390.0208
MEXMexico1,788.821131,848.125131.683,179.864133,303.067131.70
FSMMicronesia0.4601890.4841890.000440.4281890.4431900.00023
MDAMoldova16.57613618.0621330.016443.22713545.4071360.0233
MNGMongolia20.31512123.6691200.021562.67811867.6911160.0348
MNEMontenegro7.4061548.1101540.0073718.99915420.1811530.0104
MARMorocco144.43861157.087600.143376.90758396.685580.204
MOZMozambique20.95812022.4951220.020456.42912360.2901230.0310
MMRMyanmar64.5058964.284890.0584274.33868283.747680.146
NAMNamibia12.34514713.1851450.012033.23314535.0711450.0180
NRUNauru0.1541930.1601930.000150.1361930.1411930.00007
NPLNepal40.90710243.6731010.0397160.16285169.122860.0869
NLDNetherlands1,154.694171,218.401181.111,417.534271,460.530280.751
NZLNew Zealand248.68753252.236540.229277.17766283.908670.146
NICNicaragua17.84313019.4121310.017656.69712260.3741220.0310
NERNiger16.80913519.5991300.017849.37813155.5471270.0285
NGANigeria363.81642199.721570.1811,414.567281,489.832270.766
MKDNorth Macedonia14.76914015.8611380.014447.10813449.2951350.0253
NORNorway485.31132503.752320.458554.20949576.236490.296
OMNOman108.81167109.993700.0999214.69277222.058780.114
PAKPakistan337.45746374.595440.3401,511.574251,584.474260.814
PLWPalau0.2821900.3161900.000290.2731910.3031910.00016
PANPanama83.3827687.347770.0794177.42880186.209820.0957
PNGPapua New Guinea30.92611031.8961100.029041.45713744.4191370.0228
PRYParaguay42.95510044.937990.0408119.88894127.416930.0655
PERPeru266.91250283.309500.257574.25848605.570480.311
PHLPhilippines437.14634470.062330.4271,262.499311,367.043300.703
POLPoland811.73621862.908210.7841,793.561201,890.698200.972
PRTPortugal287.18749303.032480.275487.25852508.508520.261
PRIPuerto Rico117.90265120.971650.110152.96888158.188890.0813
QATQatar213.00356221.406560.201342.41262355.999620.183
ROURomania351.07444380.561420.346856.96034894.222340.460
RUSRussia2,009.959112,184.316111.986,512.06946,909.38143.55
RWARwanda14.09714413.6631440.012447.39013351.9181330.0267
WSMSamoa0.9341851.0681850.000971.3171851.4801840.00076
SMRSan Marino1.9881782.0491770.001862.6661792.7491790.00141
STPSão Tomé and Príncipe0.6841860.8121860.000741.4211841.4711850.00076
SAUSaudi Arabia1,067.583191,100.706191.002,032.550182,112.880181.09
SENSenegal30.93710933.6851070.030686.93110394.3511020.0485
SRBSerbia75.1878482.550810.0750180.04079191.561790.0985
SYCSeychelles2.1411752.1441760.001953.9171764.1361760.00213
SLESierra Leone6.3971587.4111550.0067328.49115130.3371500.0156
SGPSingapore501.42831530.708290.482837.66535879.978350.452
SVKSlovak Republic132.83262142.617620.130236.45675247.540750.127
SVNSlovenia69.1688773.198860.0665113.53697117.993970.0606
SLBSolomon Islands1.6331791.7301790.001571.9641822.0571820.00106
SOMSomalia10.96915012.7291480.011628.57615030.4291490.0156
ZAFSouth Africa380.59240403.045400.366960.46333993.745330.511
SSDSouth Sudan7.1781555.2681590.0047915.64515511.7861620.00606
ESPSpain1,620.558151,731.469151.572,529.543152,665.230151.37
KNASt. Kitts and Nevis1.0561841.1581840.001051.5781831.6881830.00087
LCASt. Lucia2.4301712.5691720.002334.6571754.9521750.00255
VCTSt. Vincent and the Grenadines1.0831831.1731820.001072.0171812.1581810.00111
SDNSudan38.10910329.7931110.0271151.25689123.481950.0635
SURSuriname3.7471654.9181610.0044713.13815913.8501590.00712
SWESweden584.91425609.039240.553739.11541763.589410.392
CHESwitzerland894.81120942.265200.856820.27837851.136370.437
TWNTaiwan Province of China755.67422775.017220.7041,735.226211,843.016210.947
TJKTajikistan11.85514912.9951460.011851.54712856.3671260.0290
TZATanzania79.1387879.867830.0726249.80871269.672690.139
THAThailand514.83628528.919300.4811,683.069221,771.532220.910
TLSTimor-Leste2.3791721.9921780.001816.9601666.4351680.00331
TGOTogo9.0811539.7661520.0088728.34715230.5631480.0157
TONTonga0.5201880.5451880.000500.7461880.7771880.00040
TTOTrinidad and Tobago28.02411328.1391130.025648.02513249.9671340.0257
TUNTunisia48.5419352.636940.0478169.97683176.873840.0909
TURTürkiye1,129.974181,344.318171.223,277.512123,456.771121.78
TKMTurkmenistan77.7168183.883790.0762169.27284177.365830.0912
TUVTuvalu0.0681940.0731940.000070.0621940.0661940.00003
UGAUganda51.0939055.587900.0505157.38086170.611850.0877
UKRUkraine178.34058184.099580.167621.63746655.583450.337
AREUnited Arab Emirates514.13029545.053270.495797.92338849.778380.437
GBRUnited Kingdom3,382.11563,587.54563.264,137.448104,282.173102.20
USAUnited States27,720.725129,167.779126.527,720.725229,167.779215.0
URYUruguay77.2418282.482820.0749116.64096123.223960.0633
UZBUzbekistan101.58471112.653680.102395.99057428.204570.220
VUTVanuatu1.1231821.1691830.001060.9621870.9941870.00051
VENVenezuela99.20372106.327720.0966210.81778222.356770.114
VNMVietnam433.70235468.485340.4261,502.664261,631.796250.839
YEMYemen18.80612916.1921360.014768.58311269.5191120.0357
ZMBZambia28.16311225.9131160.023584.54510488.5601050.0455
ZWEZimbabwe35.23110435.9191040.032682.54110586.1621060.0443
SYRSyria--- ---- ---
ERIEritrea--- ---- ---
World 105,685 110,065 184,258 194,569