List of North American countries by GDP

The United States is the largest economy in North America, followed by Canada and Mexico. Together, these three hold a huge 97.8% share of the North American economy. Dominica has the smallest economy in North America.

Three economies in North America would have a GDP above $1 trillion. Most North American countries and regions have small economies; only six economies have a GDP above $100 billion. The 18 smallest economies only contribute 1% of the continent's total wealth. Two North American economies are on the list of the top ten largest economies globally, as they host the United States and Canada, the world's largest and 9th largest economies. Three economies are within the top 50 world GDP rankings.

2024, there will be no changes in the North American nominal ranking. The nominal GDP of all 24 economies would increase in 2024 compared to 2023. With $1.45 trillion, the United States will be the top contributor, followed by Canada ($72 bn) and Mexico ($59 bn).

In ppp data, Mexico is in 2nd position, replacing Canada, which is 2nd in nominal data. The Dominican Republic and Guatemala complete the top five lists. Three economies would have a GDP above Int. $1 trillion in 2024, and eight would have an economy above Int. $100 billion. Costa Rica will overtake Puerto Rico in 2024. Only one North American economy, the United States, is in the top ten list, and three economies are within the top 50 world GDP rankings.

Out of 24 economies, the GDP (PPP) of 23 would increase in 2024 compared to 2023. United States (Int. $1447 bn), Mexico (Int. $123 bn), and Canada (Int. $94 bn) would be the top gainers. Haiti is the sole decliner.

Twenty-three economies have higher GDP on a PPP basis, and one has higher on a nominal basis. Nicaragua has the highest PPP to nominal ratio of 3.11, while Barbados has the lowest figure of 0.89.

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• Nominal
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GDP (Nominal)

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GDP (PPP)