List of Oceanian countries by GDP

Australia is the largest economy in Oceania, followed by New Zealand and Papua New Guinea. These three together hold a huge 99.5% share of the South American economy. Tuvalu is the smallest economy in Oceania.

One economy of Oceania would have gdp above $1 trillion, and two would have an economy of above $100 billion. In 2021, the Marshall Islands and Kiribati will overtake Palau. None of the Oceanian economies are in the list of top ten largest economies globally, and two economies are within the top 50 world gdp ranking.

Of 14 economies, gdp (nominal) of 14 would increase, and four economies would decrease in 2021 compared to 2020. Australia ($258 bn) and New Zealand ($34 bn) are top contributors. The six decliners would be Samoa, Palau, Micronesia, and Tonga.

In ppp data, There would be only no change in ppp ranking. Only one Oceanian economy, Australia, is in the top 50 world gdp ranking.

Nine economies have higher GDP on a PPP basis, and five have higher on a nominal basis.

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• Nominal
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GDP (Nominal)

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• PPP
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GDP (PPP)