Projected GDP Ranking

Source International Monetary Fund World Economic Outlook (April - 2021)
Date03 Jun 2021

As of 2021, the United States and China would occupy the first two places in both methods' gdp ranking. The US and China's margin is coming down in nominal ranking as China's gdp growth rate of 2021 (8.44%) is higher than the US's 6.39%. On a nominal basis, the US is ahead of China by $6 trillion in 2021 compared to $6.2 trillion in 2020. On a ppp basis, China has overtaken the US in 2017 and ahead by Int. $4 trillion, and the gap is increasing. China will remain the world's largest economy on a ppp basis over the next few decades as 2nd ranked US is growing slow and 3rd ranked India is way behind.

In the nominal gdp list, There would be no change in the top 10. Other changes in the top 20 would be Australia overtaking Brazil, Saudi Arabia overtaking Turkey in the top 20 list. Among the top 50, the Economic rank of Malaysia and Chile would move up by three positions, while Hong Kong, Pakistan, Vietnam, and Colombia would lose two places.

In the ppp ranking, There would be no change in the top 10 list. Other changes in the top 20 would be Italy overtaking Mexico. Among the top 50, Only eight economies will experience a change in ranking; Vietnam will climb two spots, and Pakistan will decline by two positions.

In the list of top 50, All economies will experience a positive growth rate in 2020. India is the fastest-growing economy with 12.55%, followed by China (8.44%) in nominal and Peru (8.5%) in ppp terms. Pakistan has the lowest growth rate of 1.5%, followed by Finland (2.28%) and Egypt (2.47%).

United States (1,5) is present in both lists of the top ten GDP and GDP per capita ranking at nominal terms. Germany (4,16), Canada (9,19), Australia (13,9), Netherlands (17,13), and Switzerland (18,2) are in the top twenty list of GDP and GDP per capita ranking. In PPP, United States (2,8) is present in the top ten, whereas Germany (5,18), Australia (18,20), and Taiwan (19,15) are in the top twenty of both rankings.

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GDP (Nominal) Ranking

Code Country/Economy GDP (Nominal) (billions of $) Growth (%) GDP per capita (Nominal) ($) Continent
2020Rank2021RankSharediff 20212021Rank
PAKPakistan 262.8045276.75470.29512.41.4961,302162Asia
USAUnited States20,932.75122,675.27124.2-6.3968,3095North America
CHNChina14,722.84216,642.32217.76,0338.4411,81961Asia
JPNJapan5,048.6935,378.1435.7311,2643.2542,92825Asia
DEUGermany3,803.0144,319.2944.601,0593.6051,86016Europe
GBRUnited Kingdom2,710.9753,124.6553.331,1955.3446,34423Europe
INDIndia2,708.7763,049.7063.2575.012.552,191144Asia
FRAFrance2,598.9172,938.2773.131115.8144,99524Europe
ITAItaly1,884.9482,106.2982.248324.1534,99727Europe
CANCanada1,643.4191,883.4992.012235.0549,22219North America
KORKorea1,630.87101,806.71101.9276.83.5934,86628Asia
RUSRussia1,473.58111,710.73111.8296.03.7611,65464Europe
AUSAustralia1,359.33131,617.54121.7293.24.5462,7249Oceania
BRABrazil1,434.08121,491.77131.591263.667,01187South America
ESPSpain1,278.21141,461.55141.5630.26.3830,99633Europe
MEXMexico1,076.16151,192.48151.272695.009,24673North America
IDNIndonesia1,059.64161,158.78161.2333.74.304,256110Asia
NLDNetherlands909.50171,012.60171.081463.5058,00313Europe
CHESwitzerland747.4318824.73180.8791883.4994,6962Europe
SAUSaudi Arabia701.4720804.92190.85819.82.9322,70043Asia
TURTurkey719.5419794.53200.84610.46.049,32772Europe
TWNTaiwan Province of China668.5121759.10210.80935.44.7532,12331Asia
IRNIslamic Republic of Iran635.7222682.86220.72776.22.548,03482Asia
POLPoland594.1823642.12230.68440.73.4716,93049Europe
SWESweden537.6124625.95240.66716.23.0658,97711Europe
BELBelgium513.0925579.00250.61747.04.0450,10317Europe
THAThailand501.8926538.74260.57440.32.567,70285Asia
NGANigeria429.4227514.05270.54824.72.532,432142Africa
AUTAustria428.6228481.80280.51332.33.4853,85915Europe
IRLIreland418.7229476.66290.5085.134.2394,5563Europe
ISRIsrael402.6430446.71300.47630.04.9947,60221Asia
NORNorway362.0133444.52310.4742.193.8681,9954Europe
ARGArgentina388.2831418.15320.44526.45.849,12276South America
PHLPhilippines362.2432402.64330.42915.56.893,646124Asia
AREUnited Arab Emirates354.2835401.51340.4281.133.0935,17126Asia
EGYEgypt361.8534394.28350.4207.232.473,832118Africa
DNKDenmark352.2436392.57360.4181.712.7667,2186Europe
MYSMalaysia338.2840387.09370.4125.486.5011,60465Asia
SGPSingapore339.9839374.39380.39912.75.2064,1038Asia
HKGHong Kong SAR349.4537368.63390.3935.764.2949,03620Asia
VNMVietnam340.8238354.87400.37813.86.503,609127Asia
BGDBangladesh329.1241352.91410.3761.965.042,122148Asia
ZAFSouth Africa302.1142329.53420.35123.43.105,44496Africa
CHLChile252.7646307.94430.32821.66.1715,61755South America
FINFinland270.6444300.48440.3207.452.2854,33014Europe
COLColombia271.4643295.61450.3154.875.155,75394South America
ROURomania247.2147289.13460.3086.486.0014,96856Europe
CZECzech Republic241.4648276.11480.2940.644.2225,73238Europe
PRTPortugal231.3549257.39490.27418.73.9025,06540Europe
NZLNew Zealand209.3350243.33500.25914.14.0447,49922Oceania
World 84,538 93,864 6.0312,152
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GDP (PPP) Ranking

Code Country/Economy GDP (PPP) (billions of Int. $) Growth (%) GDP per capita (PPP) (Int. $) Continent
2020Rank2021RankShare (%)diff 20212021Rank
CHNChina24,142.83126,656.77118.8 %-8.4418,93175Asia
USAUnited States20,932.75222,675.27216.0 %3,9826.3968,3098North America
INDIndia8,907.12310,207.2937.19 %12,46812.557,333128Asia
JPNJapan5,313.0245,585.7943.93 %4,6223.2544,58530Asia
DEUGermany4,496.7854,743.6753.34 %8423.6056,95618Europe
RUSRussia4,096.5364,328.1263.05 %4163.7629,48555Europe
IDNIndonesia3,302.4173,507.2472.47 %8214.3012,882101Asia
BRABrazil3,153.6383,328.4682.34 %1793.6615,64384South America
FRAFrance2,999.7393,231.9392.28 %96.55.8149,49225Europe
GBRUnited Kingdom2,959.92103,174.92102.24 %57.05.3447,08927Europe
TURTurkey2,546.50112,749.57111.94 %4256.0432,27849Europe
MEXMexico2,444.68132,613.80121.84 %1365.0020,26672North America
ITAItaly2,461.67122,610.56131.84 %3.244.1543,37632Europe
KORKorea2,310.43142,436.87141.72 %1743.5947,02728Asia
CANCanada1,850.07151,978.82151.39 %4585.0551,71323North America
ESPSpain1,808.67161,959.04161.38 %19.86.3841,54636Europe
SAUSaudi Arabia1,627.31171,705.52171.20 %2542.9348,09926Asia
AUSAustralia1,329.88181,415.56180.997 %2904.5454,89120Oceania
TWNTaiwan Province of China1,316.05191,403.66190.989 %11.94.7559,39815Asia
POLPoland1,294.48201,363.77200.961 %39.93.4735,95742Europe
EGYEgypt1,290.22211,346.23210.948 %17.52.4713,08399Africa
THAThailand1,272.90221,329.32220.936 %16.92.5619,00474Asia
IRNIslamic Republic of Iran1,100.09231,148.58230.809 %1812.5413,51397Asia
VNMVietnam1,058.69261,148.05240.809 %0.536.5011,677109Asia
NGANigeria1,069.20251,116.26250.786 %31.82.535,280142Africa
PAKPakistan1,074.14241,110.08260.782 %6.181.505,224145Asia
NLDNetherlands1,001.53271,055.50270.744 %54.63.5060,46113Europe
ARGArgentina941.85281,015.01280.715 %40.55.8422,14165South America
PHLPhilippines919.37291,000.62290.705 %14.46.899,061121Asia
MYSMalaysia902.6030978.78300.689 %21.86.5029,34056Asia
BGDBangladesh874.0531966.49310.681 %12.35.045,812135Asia
COLColombia728.7732780.26320.550 %1865.1515,18487South America
ZAFSouth Africa717.4033753.11330.531 %27.13.1012,442104Africa
AREUnited Arab Emirates650.8334683.18340.481 %69.93.0959,84414Asia
CHESwitzerland627.1535660.86350.466 %22.33.4975,8806Europe
ROURomania589.7136636.48360.448 %24.46.0032,95048Europe
BELBelgium588.7537623.72370.439 %12.84.0453,97321Europe
SGPSingapore560.2139600.06380.423 %23.75.20102,7422Asia
SWESweden562.0038589.75390.415 %10.33.0655,56619Europe
UKRUkraine543.8340576.11400.406 %13.64.0413,94391Europe
KAZKazakhstan501.3041526.75410.371 %49.43.2027,56057Asia
AUTAustria491.5042517.86420.365 %8.893.4857,89117Europe
DZAAlgeria491.4643514.75430.363 %3.112.8611,433110Africa
IRLIreland471.3644500.27440.352 %14.54.2399,2393Europe
CHLChile454.6745491.54450.346 %8.736.1724,92861South America
HKGHong Kong SAR444.8646472.40460.333 %19.14.2962,83910Asia
CZECzech Republic434.3647460.93470.325 %11.54.2242,95633Europe
PERPeru397.6149439.26480.309 %21.78.5012,985100South America
IRQIraq401.4448413.32490.291 %25.91.1210,038117Asia
ISRIsrael373.6950399.49500.281 %13.84.9942,57034Asia
World 131,656 141,962 6.0318,378