Projected GDP Ranking

Source International Monetary Fund World Economic Outlook (October - 2021)
Date26 Oct 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 (8.02%) is higher than the US's 5.97%. On a nominal basis, the US is ahead of China by $6 trillion in 2021. 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 Iran overtaking the Netherlands, Saudi Arabia overtaking Turkey and Switzerland in the top 20 list. Among the top 50, the Economic rank of South Africa would move up by eight positions, while Egypt would lose four places.

In the ppp ranking, There would be no change in the top 10 list. Other changes in the top 20 would be Taiwan overtaking Australia. Among the top 50, Ireland will climb three spots.

In the list of top 50, All economies will experience a positive growth rate in 2021. Ireland is the fastest-growing economy with 14.04%, followed by Chile (11.00%). Thailand has the lowest growth rate of 0.96%, followed by the United Arab Emirates (2.24%) and Japan (2.36%).

United States (1,5) is present in both lists of the top ten GDP and GDP per capita ranking at nominal terms. Germany (4,17), Canada (9,15), Australia (13,9), Netherlands (18,12), and Switzerland (20,3) 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) and Taiwan (18,15) 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 261.7345292.22460.3083.803.9431,401161Asia
USAUnited States20,893.75122,939.58124.2-5.9769,3755North America
CHNChina14,866.74216,862.98217.86,0778.0211,89164Asia
JPNJapan5,045.1035,103.1135.3811,7602.3640,70426Asia
DEUGermany3,843.3444,230.1744.468733.0550,78817Europe
GBRUnited Kingdom2,709.6853,108.4253.271,1226.7646,20022Europe
INDIndia2,660.2462,946.0663.101629.502,116150Asia
FRAFrance2,624.4272,940.4373.105.636.2945,02823Europe
ITAItaly1,884.9482,120.2382.238205.7735,58528Europe
CANCanada1,644.0492,015.9892.121045.6952,79115North America
KORKorea1,638.26101,823.85101.921924.2835,19629Asia
RUSRussia1,478.57111,647.57111.741764.6911,27368Europe
BRABrazil1,444.72121,645.84121.731.735.237,74187South America
AUSAustralia1,359.37131,610.56131.7035.33.5462,6199Oceania
ESPSpain1,280.46141,439.96141.521715.7430,53734Europe
MEXMexico1,073.92151,285.52151.351546.259,96772North America
IDNIndonesia1,059.64161,150.25161.211353.204,225117Asia
IRNIslamic Republic of Iran835.35181,081.38171.1468.92.4612,72562Asia
NLDNetherlands913.13171,007.56181.0673.83.7757,71512Europe
SAUSaudi Arabia700.1221842.59190.8881652.8423,76244Asia
CHESwitzerland751.8819810.83200.85431.83.7193,5153Europe
TURTurkey719.9220795.95210.83814.98.959,40776Europe
TWNTaiwan Province of China668.1622785.59220.82810.45.8633,40232Asia
POLPoland595.9223655.33230.6901305.1217,31951Europe
SWESweden541.0624622.37240.65633.04.0458,63911Europe
BELBelgium514.9225581.85250.61340.55.6450,41318Europe
THAThailand501.7126546.22260.57535.60.967,80985Asia
IRLIreland425.5529516.25270.54430.013.04102,3942Europe
AUTAustria432.5227481.21280.50735.03.9253,79313Europe
NGANigeria429.4228480.48290.5060.732.642,273145Africa
ISRIsrael407.1030467.53300.49213.07.0649,84019Asia
ARGArgentina389.0631455.17310.47912.47.509,92973South America
NORNorway362.5233445.51320.4699.673.0382,2444Europe
ZAFSouth Africa335.3441415.32330.43730.25.006,86191Africa
AREUnited Arab Emirates358.8735410.16340.4325.162.2443,53824Asia
DNKDenmark356.0936396.67350.41813.53.8067,9207Europe
EGYEgypt363.2532396.33360.4170.343.333,852123Africa
PHLPhilippines361.4934385.74370.40610.63.223,492129Asia
SGPSingapore339.9839378.65380.3997.096.0366,2638Asia
MYSMalaysia337.0140371.11390.3917.533.5011,12569Asia
HKGHong Kong SAR346.5837369.72400.3891.396.4449,48520Asia
VNMVietnam343.1138368.00410.3881.723.783,743124Asia
BGDBangladesh323.0642355.69420.37512.34.602,139149Asia
CHLChile252.8246331.25430.34924.411.0016,79954South America
COLColombia271.5543300.79440.31730.57.615,89296South America
FINFinland269.5644296.02450.3124.772.9753,52314Europe
ROURomania248.7247287.28470.3034.947.0014,86458Europe
CZECzech Republic245.3548276.91480.29210.43.7925,80641Europe
PRTPortugal228.3649251.71490.26525.24.4424,45743Europe
NZLNew Zealand209.3850247.64500.2614.075.0648,34921Oceania
World 84,972 94,935 5.8812,284
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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
CHNChina24,191.30127,071.96118.7 %-8.0219,09075Asia
USAUnited States20,893.75222,939.58215.9 %4,1325.9769,3758North America
INDIndia8,974.74310,181.1737.04 %12,7589.507,314129Asia
JPNJapan5,312.3045,633.5143.89 %4,5482.3644,93534Asia
DEUGermany4,536.5254,843.3953.35 %7903.0558,15018Europe
RUSRussia4,100.4864,447.4863.07 %3964.6930,43156Europe
IDNIndonesia3,301.9173,530.3372.44 %9173.2012,967103Asia
BRABrazil3,153.1583,437.6182.38 %92.75.2316,16986South America
FRAFrance3,016.8893,322.3192.30 %1156.2950,87626Europe
GBRUnited Kingdom2,961.89103,276.14102.27 %46.26.7648,69328Europe
TURTurkey2,545.94112,873.84111.99 %4028.9533,96350Europe
ITAItaly2,461.30122,697.14121.86 %1775.7745,26732Europe
MEXMexico2,439.47132,685.25131.86 %11.96.2520,82074North America
KORKorea2,317.18142,503.40141.73 %1824.2848,30929Asia
CANCanada1,851.54152,027.37151.40 %4765.6953,08924North America
ESPSpain1,811.09161,984.01161.37 %43.45.7442,07540Europe
SAUSaudi Arabia1,627.75171,734.23171.20 %2502.8448,90827Asia
TWNTaiwan Province of China1,316.03191,443.41180.998 %2915.8661,37115Asia
AUSAustralia1,330.47181,427.26190.987 %16.23.5455,49222Oceania
POLPoland1,296.85201,412.30200.976 %15.05.1237,32342Europe
EGYEgypt1,290.02211,381.06210.955 %31.23.3313,422101Africa
THAThailand1,272.54221,331.05220.920 %50.00.9619,02876Asia
IRNIslamic Republic of Iran1,120.21231,189.15230.822 %1422.4613,99397Asia
PAKPakistan1,074.84241,157.48240.800 %31.73.945,447143Asia
VNMVietnam1,061.48261,141.30250.789 %16.23.7811,608112Asia
NGANigeria1,069.04251,136.80260.786 %4.502.645,377145Africa
NLDNetherlands1,003.81271,079.16270.746 %57.63.7761,81614Europe
ARGArgentina942.23281,049.40280.726 %29.87.5022,89267South America
PHLPhilippines919.2929983.12290.680 %66.33.228,900124Asia
MYSMalaysia903.7030969.04300.670 %14.13.5029,04857Asia
BGDBangladesh870.7931953.39310.659 %15.74.605,733139Asia
ZAFSouth Africa792.3332861.93320.596 %91.55.0014,23993Africa
COLColombia729.0633812.80330.562 %49.17.6115,92287South America
AREUnited Arab Emirates660.3434699.44340.484 %1132.2474,2456Asia
CHESwitzerland630.3635677.27350.468 %22.23.7178,1125Europe
ROURomania589.8736653.90360.452 %23.47.0033,83351Europe
BELBelgium589.7237645.40370.446 %8.505.6455,91920Europe
SGPSingapore560.1239615.29380.425 %30.16.03107,6773Asia
SWESweden565.4638609.48390.421 %5.824.0457,42519Europe
UKRUkraine545.0040584.13400.404 %25.43.4514,14695Europe
IRLIreland479.4344561.46410.388 %22.713.04111,3602Europe
KAZKazakhstan501.2141536.34420.371 %25.13.2928,04359Asia
DZAAlgeria497.0942532.57430.368 %3.773.4111,829111Africa
AUTAustria493.5943531.41440.367 %1.153.9259,40616Europe
CHLChile454.6045522.79450.361 %8.6211.0026,51360South America
HKGHong Kong SAR443.1446488.65460.338 %34.16.4465,40312Asia
CZECzech Republic436.2347469.07470.324 %19.63.7943,71436Europe
PERPeru397.9349453.65480.314 %15.410.0413,410102South America
IRQIraq399.3848428.86490.297 %24.83.6510,415118Asia
ISRIsrael380.2950421.81500.292 %7.057.0644,96633Asia
World 131,980 144,636 5.8818,715