World GDP Ranking

Source	International Monetary Fund World Economic Outlook (October - 2023)
Source	World Bank : Nominal (current), PPP (current)
Date	15 Mar 2024

The United States and China occupy the top two ranks in the world gdp ranking 2022. The United States is the largest economy globally in nominal terms, and China is the largest in ppp terms. The next three ranks in both (nominal,ppp) ranking belong to Japan (3,4), Germany (4,6), India (5,3), United Kingdom (6,10), France (7,9), and Russia (8,5) are in the list of the top ten largest economies of both methods. Canada (8) and Italy (10) complete the top ten list of nominal rankings, While Indonesia (7) and Brazil (8) complete the top ten list of ppp ranking.

In the top 10 nominal rankings, Russia overtook Italy and Canada in 2022 and Canada overtook Italy in the top ten, as Russia is up by two positions and Italy is down by two positions in the year 2022 compared to 2021. In the top 11-20, South Korea slips two spots. Out of 196 economies, the rank of 154 economies changed in 2022. Venezuela and Guyana are the biggest gainers in the ranking by 17, followed by Azerbaijan up by 15 positions. Macao, Zimbabwe and Lao PDR lost 12 positions each, followed by Sri Lanka (-11) and Cote d'Ivoire (-11).

There is no change in the top 10 list. In the top 11-20, Turkiye climb past Italy. Out of 196 economies, the rank of 93 economies has changed with Guyana is the biggest improver by a huge 11 position, followed by Norway (+8), Ireland (+5), and Tajikistan (+5). Macao lost 19 positions, followed by Ukraine (-11).

There are many differences in rankings of economies between nominal and ppp basis. In the top 10 ppp list, Indonesia is the biggest gainer as it is nine positions up from 16th in nominal to 7th in ppp. Russia and Brazil are up by three positions. India is also up by two numbers. In the top 10 nominal list, Ranks of Canada is down by six places, while the United Kingdom is down by four places in ppp. Tajikistan (+30) is the highest gainer in ppp rank compare to its nominal rank. Iceland (-38) is the biggest loser in ppp ranking, followed by Luxembourg (-26).

Data compile this ranking from the World Bank and the IMF for the year 2021 and 2022. Data from the World Bank has been given preference. If data is not available for any economy or year in the world bank, data from the IMF has been listed.

Nominal
PPP
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GDP Ranking 2022

Code	Country/Economy	GDP (Nominal) (miillions of $)		Rank (Nominal)		GDP (PPP) (miillions of Int. $)		Rank (PPP)		PPP-Nominal
Code	Country/Economy	2021	2022	2022	Change	2021	2022	2022	Change	2022
USA	United States	23,315,100	25,462,700	1	0	23,315,100	25,462,700	2	0	-1
CHN	China	17,820,500	17,963,200	2	0	27,518,900	30,327,300	1	0	+1
JPN	Japan	5,005,540	4,231,140	3	0	5,383,430	5,702,290	4	0	-1
DEU	Germany	4,259,930	4,072,190	4	0	4,891,840	5,309,610	6	0	-2
IND	India	3,150,310	3,385,090	5	0	10,370,900	11,874,600	3	0	+2
GBR	United Kingdom	3,122,480	3,070,670	6	0	3,355,090	3,656,810	10	0	-4
FRA	France	2,957,880	2,782,910	7	0	3,479,870	3,769,920	9	0	-2
RUS	Russian Federation	1,836,890	2,240,420	8	2	4,965,700	5,326,850	5	0	+3
CAN	Canada	2,001,490	2,139,840	9	0	2,026,900	2,273,490	15	0	-6
ITA	Italy	2,114,360	2,010,430	10	-2	2,760,720	3,052,610	12	-1	-2
BRA	Brazil	1,649,620	1,920,100	11	1	3,484,970	3,837,260	8	0	+3
AUS	Australia	1,552,700	1,675,420	12	1	1,437,170	1,626,940	19	3	-7
KOR	Korea, Rep.	1,810,960	1,665,250	13	-2	2,425,560	2,585,010	14	0	-1
MEX	Mexico	1,272,840	1,414,190	14	1	2,480,680	2,742,900	13	0	+1
ESP	Spain	1,427,380	1,397,510	15	-1	1,928,020	2,181,970	16	0	-1
IDN	Indonesia	1,186,510	1,319,100	16	0	3,582,440	4,036,900	7	0	+9
SAU	Saudi Arabia	868,586	1,108,150	17	1	1,848,100	2,150,490	17	0	0
NLD	Netherlands	1,011,800	991,115	18	-1	1,111,050	1,231,740	28	-1	-10
TUR	Turkiye	819,034	905,988	19	0	2,581,590	3,180,980	11	1	+8
CHE	Switzerland	800,640	807,706	20	0	661,283	733,137	37	0	-17
POL	Poland	679,442	688,177	22	0	1,439,480	1,625,240	20	1	+2
ARG	Argentina	487,227	632,770	23	6	1,088,160	1,225,440	29	0	-6
SWE	Sweden	636,856	585,939	24	-1	626,270	677,230	39	0	-15
NOR	Norway	490,293	579,267	25	2	442,762	627,017	41	8	-16
BEL	Belgium	594,352	578,604	26	-2	682,137	758,833	36	0	-10
IRL	Ireland	504,183	529,245	27	-1	536,386	645,565	40	5	-13
ISR	Israel	488,527	522,033	28	0	412,651	472,842	50	1	-22
ARE	United Arab Emirates	415,022	507,535	29	7	720,632	828,263	34	0	-5
THA	Thailand	505,568	495,341	30	-5	1,350,040	1,482,100	24	-1	+6
NGA	Nigeria	440,834	477,386	31	0	1,159,180	1,280,720	26	-1	+5
EGY	Egypt, Arab Rep.	424,672	476,748	32	0	1,468,550	1,674,950	18	1	+14
AUT	Austria	480,368	471,400	33	-3	537,015	614,312	42	2	-9
SGP	Singapore	423,797	466,789	34	-1	648,363	719,084	38	0	-4
BGD	Bangladesh	416,265	460,201	35	0	1,104,640	1,265,940	27	1	+8
VNM	Viet Nam	366,138	408,802	36	5	1,143,090	1,321,260	25	1	+11
MYS	Malaysia	372,981	406,306	37	2	975,574	1,134,680	31	0	+6
ZAF	South Africa	419,016	405,870	38	-4	872,422	952,603	33	0	+5
PHL	Philippines	394,087	404,284	39	-1	1,017,310	1,170,980	30	0	+9
DNK	Denmark	398,303	395,404	40	-3	380,008	436,857	52	0	-12
IRN	Iran, Islamic Rep.	359,097	388,544	41	1	1,455,750	1,600,560	22	-2	+19
PAK	Pakistan	348,263	376,533	42	1	1,335,990	1,518,040	23	1	+19
HKG	Hong Kong SAR, China	368,911	359,839	43	-3	491,109	507,244	48	-2	-5
COL	Colombia	318,512	343,939	44	0	881,191	1,052,390	32	0	+12
ROU	Romania	285,405	301,262	45	2	693,618	794,055	35	0	+10
CHL	Chile	316,714	301,025	46	-1	552,380	592,205	45	-4	+1
CZE	Czechia	281,791	290,924	47	1	479,379	525,730	46	1	+1
FIN	Finland	296,388	280,826	48	-2	303,129	328,004	59	0	-11
IRQ	Iraq	207,692	264,182	49	4	422,085	483,309	49	1	0
PRT	Portugal	253,983	251,945	50	0	378,293	430,227	53	0	-3
NZL	New Zealand	255,552	247,234	51	-2	247,616	266,283	63	0	-12
PER	Peru	223,718	242,632	52	-1	466,304	512,362	47	1	+5
QAT	Qatar	179,677	237,296	53	4	275,463	308,990	62	0	-9
KAZ	Kazakhstan	197,112	220,623	54	1	547,454	604,551	43	-1	+11
GRC	Greece	214,874	219,066	55	-3	333,015	389,217	55	1	0
DZA	Algeria	163,472	191,913	56	2	537,654	593,153	44	-1	+12
KWT	Kuwait	136,797	184,558	57	3	214,101	247,835	67	0	-10
HUN	Hungary	182,275	178,789	58	-2	357,065	405,803	54	0	+4
UKR	Ukraine	199,766	160,503	59	-5	591,250	448,562	51	-11	+8
MAR	Morocco	142,867	134,182	60	-1	334,718	362,034	56	-1	+4
ETH	Ethiopia	111,262	126,783	61	1	307,816	346,893	57	1	+4
SVK	Slovak Republic	118,657	115,469	62	-1	188,086	203,471	72	0	-10
ECU	Ecuador	106,166	115,049	63	2	209,524	230,811	68	0	-5
OMN	Oman	88,192	114,667	64	4	171,067	190,943	76	-1	-12
DOM	Dominican Republic	94,243	113,642	65	1	228,507	256,394	65	0	0
PRI	Puerto Rico	106,369	113,435	66	-2	117,968	130,475	88	-1	-22
KEN	Kenya	109,704	113,420	67	-4	277,570	311,410	61	0	+6
AGO	Angola	65,685	106,714	68	12	225,084	248,187	66	0	+2
GTM	Guatemala	86,053	95,003	69	0	168,546	187,781	77	0	-8
BGR	Bulgaria	84,061	89,040	71	0	193,355	217,113	70	1	+1
LUX	Luxembourg	85,506	82,275	72	-2	84,175	92,549	98	0	-26
UZB	Uzbekistan	69,601	80,392	73	3	300,533	339,816	58	2	+15
AZE	Azerbaijan	54,825	78,721	74	15	161,466	180,754	79	-1	-5
PAN	Panama	67,407	76,523	76	2	146,044	173,168	80	2	-4
TZA	Tanzania	70,656	75,709	77	-3	175,747	196,630	74	0	+3
LKA	Sri Lanka	88,497	74,404	78	-11	323,954	319,527	60	-3	+18
GHA	Ghana	79,156	72,839	79	-7	196,918	217,539	69	1	+10
BLR	Belarus	69,674	72,793	80	-5	203,993	208,030	71	-2	+9
URY	Uruguay	61,412	71,177	81	5	87,930	98,720	97	0	-16
HRV	Croatia	68,844	70,965	82	-5	134,686	155,623	83	1	-1
LTU	Lithuania	66,415	70,334	83	-4	122,668	137,108	86	0	-3
CIV	Cote d'Ivoire	71,811	70,019	84	-11	161,201	184,122	78	1	+6
CRI	Costa Rica	64,616	68,381	85	-3	116,704	129,120	89	-1	-4
SRB	Serbia	63,082	63,502	86	-2	147,945	161,642	81	0	+5
SVN	Slovenia	61,749	62,118	87	-2	92,701	105,503	96	0	-9
MMR	Myanmar	65,125	59,364	88	-7	239,393	263,854	64	0	+24
COD	Congo, Dem. Rep.	55,351	58,066	89	-1	113,608	132,415	87	3	+2
SDN	Sudan	34,230	51,662	90	11	186,463	197,623	73	0	+17
JOR	Jordan	45,116	47,451	91	1	113,216	124,180	91	0	0
TUN	Tunisia	46,687	46,665	92	-2	140,674	154,324	84	-1	+8
LBY	Libya	39,798	45,752	93	3	150,677	159,238	82	-2	+11
UGA	Uganda	40,510	45,559	94	-1	113,663	127,282	90	-1	+4
BHR	Bahrain	39,303	44,391	95	3	80,335	90,142	99	0	-4
CMR	Cameroon	45,338	44,342	96	-5	111,060	123,049	92	0	+4
BOL	Bolivia	40,408	43,069	97	-3	107,329	118,374	94	0	+3
PRY	Paraguay	39,951	41,722	98	-3	101,169	108,338	95	0	+3
LVA	Latvia	39,725	41,154	99	-2	65,992	75,253	103	0	-4
NPL	Nepal	36,925	40,828	100	0	127,720	144,339	85	0	+15
EST	Estonia	37,191	38,101	101	-2	57,865	62,797	111	0	-10
SLV	El Salvador	29,451	32,489	102	1	64,042	70,310	108	-2	-6
HND	Honduras	28,489	31,718	103	1	63,198	70,329	107	1	-4
PNG	Papua New Guinea	26,312	30,633	104	5	40,294	45,100	124	0	-20
KHM	Cambodia	26,961	29,957	105	3	79,712	89,699	100	1	+5
ZMB	Zambia	22,148	29,784	106	8	69,551	77,955	102	0	+4
CYP	Cyprus	28,408	28,439	107	-2	39,980	45,391	123	2	-16
TTO	Trinidad and Tobago	24,460	27,899	108	3	38,783	42,530	126	2	-18
ISL	Iceland	25,553	27,842	109	1	21,679	26,382	147	0	-38
SEN	Senegal	27,569	27,684	110	-3	65,396	72,884	105	-1	+5
GEO	Georgia	18,629	24,605	111	11	63,376	74,671	104	3	+7
BIH	Bosnia and Herzegovina	23,650	24,528	112	0	57,915	65,889	110	0	+2
MAC	Macao SAR, China	30,124	21,979	114	-12	49,093	38,474	133	-19	-19
GIN	Guinea	16,092	21,228	116	11	39,425	44,170	125	1	-9
GAB	Gabon	20,218	21,072	117	-1	35,688	39,348	132	1	-15
ZWE	Zimbabwe	28,371	20,678	118	-12	37,328	41,302	129	1	-11
BWA	Botswana	18,737	20,352	119	2	42,578	48,195	121	1	-2
HTI	Haiti	20,877	20,254	120	-5	36,395	38,289	135	-3	-15
ARM	Armenia	13,861	19,503	121	14	43,711	52,666	115	2	+6
PSE	West Bank and Gaza	18,109	19,112	122	1	30,642	34,079	137	0	-15
BFA	Burkina Faso	19,738	18,885	123	-6	53,159	57,724	112	0	+11
ALB	Albania	17,931	18,882	124	0	43,673	51,493	117	1	+7
MLI	Mali	19,309	18,827	125	-7	51,258	56,871	113	0	+12
MOZ	Mozambique	15,777	17,851	126	2	43,422	48,392	119	0	+7
MLT	Malta	17,743	17,765	127	-2	25,914	29,274	144	0	-17
BEN	Benin	17,690	17,402	128	-2	47,636	54,161	114	1	+14
JAM	Jamaica	14,658	17,098	129	2	29,977	33,424	139	-1	-10
MNG	Mongolia	15,286	16,811	130	-1	43,105	48,360	120	0	+10
BRN	Brunei Darussalam	14,006	16,682	131	3	29,549	31,105	141	-2	-10
LAO	Lao PDR	18,827	15,724	132	-12	64,292	70,659	106	-1	+26
NIC	Nicaragua	14,146	15,672	133	0	43,028	47,769	122	-1	+11
GUY	Guyana	8,044	15,358	134	17	19,465	32,868	140	11	-6
MDG	Madagascar	14,555	14,955	135	-3	47,298	52,533	116	0	+19
COG	Congo, Rep.	13,366	14,616	136	2	20,828	22,632	151	-2	-15
MDA	Moldova	13,692	14,421	137	0	39,253	39,505	130	-3	+7
NER	Niger	14,915	13,970	138	-8	33,064	39,449	131	4	+7
MKD	North Macedonia	13,825	13,563	139	-3	37,883	41,486	128	1	+11
RWA	Rwanda	11,055	13,313	140	5	33,240	38,470	134	0	+6
MWI	Malawi	12,602	13,165	141	-2	32,727	35,343	136	0	+5
MUS	Mauritius	11,476	12,898	142	2	29,207	33,969	138	2	+4
BHS	Bahamas, The	11,528	12,897	143	0	13,527	16,555	154	0	-11
TCD	Chad	11,780	12,704	144	-2	27,023	29,563	143	-1	+1
NAM	Namibia	12,446	12,607	145	-5	25,710	28,765	146	-1	-1
GNQ	Equatorial Guinea	12,269	11,814	146	-5	26,399	29,137	145	-2	+1
KGZ	Kyrgyz Republic	8,741	10,931	147	2	36,432	41,721	127	4	+20
TJK	Tajikistan	8,938	10,492	148	0	42,072	48,621	118	5	+30
MRT	Mauritania	9,996	10,375	149	-3	27,028	30,426	142	-1	+7
XKX	Kosovo	9,412	9,429	150	-3	23,422	25,942	148	-2	+2
TGO	Togo	8,334	8,126	152	-2	20,382	23,077	150	0	+3
SOM	Somalia	7,628	8,126	153	-1	21,406	24,005	149	-1	+3
BMU	Bermuda	7,127	7,551	154	-1	5,528	6,089	167	0	-13
MDV	Maldives	5,406	6,190	155	1	10,798	12,975	156	0	-1
MNE	Montenegro	5,861	6,096	156	-1	14,515	16,626	152	1	+4
BRB	Barbados	4,844	5,638	157	0	4,268	5,024	172	0	-15
FJI	Fiji	4,296	4,943	158	1	10,569	13,133	155	2	+3
SWZ	Eswatini	4,749	4,854	159	-1	11,652	12,957	157	-2	+2
LBR	Liberia	3,509	4,001	160	2	8,156	9,147	161	0	-1
SLE	Sierra Leone	4,249	3,970	161	-1	15,005	16,618	153	-1	+8
SUR	Suriname	2,985	3,621	162	4	9,988	10,890	158	0	+4
DJI	Djibouti	3,372	3,515	164	-1	5,993	6,605	164	1	0
AND	Andorra	3,325	3,352	165	-1	4,636	5,397	169	0	-4
TLS	Timor-Leste	3,621	3,163	166	-5	7,335	6,476	165	-3	+1
BDI	Burundi	2,776	3,073	167	0	9,890	10,778	159	0	+8
BLZ	Belize	2,492	2,824	168	2	3,868	4,641	173	1	-5
LSO	Lesotho	2,373	2,553	170	1	5,772	6,213	166	0	+4
CAF	Central African Republic	2,516	2,383	171	-2	5,043	5,397	168	0	+3
CPV	Cabo Verde	2,092	2,315	172	0	4,277	5,387	170	1	+2
GMB	Gambia, The	2,038	2,273	173	0	6,049	6,792	162	2	+11
LCA	St. Lucia	1,691	2,065	174	1	2,586	3,194	177	0	-3
ATG	Antigua and Barbuda	1,561	1,758	176	2	2,047	2,376	179	0	-3
GNB	Guinea-Bissau	1,639	1,634	177	-1	4,164	4,612	174	-1	+3
SLB	Solomon Islands	1,580	1,596	178	-1	1,873	1,922	181	0	-3
SYC	Seychelles	1,287	1,588	179	2	3,028	3,525	175	0	+4
SXM	Sint Maarten (Dutch part)	1,385	1,572	180	-1	1,545	1,814	182	1	-2
GRD	Grenada	1,123	1,256	181	1	1,882	2,131	180	0	+1
COM	Comoros	1,296	1,243	182	-2	2,927	3,207	176	0	+6
TCA	Turks and Caicos Islands	1,045	1,139	183	0	984	1,047	188	0	-5
VUT	Vanuatu	972	984	184	0	986	1,075	187	0	-3
KNA	St. Kitts and Nevis	861	962	185	1	1,391	1,623	184	0	+1
VCT	St. Vincent and the Grenadines	872	949	186	-1	1,593	1,789	183	-1	+3
WSM	Samoa	844	832	187	0	1,336	1,343	185	0	+2
DMA	Dominica	555	612	188	0	871	987	189	0	-1
STP	Sao Tome and Principe	527	547	189	0	998	1,077	186	0	+3
FSM	Micronesia, Fed. Sts.	404	427	191	0	414	440	191	0	0
MHL	Marshall Islands	260	280	192	0	277	300	193	0	-1
KIR	Kiribati	228	223	194	-1	286	310	192	0	+2
NRU	Nauru	146	151	195	0	152	166	195	0	0
TUV	Tuvalu	60	60	196	0	57	61	196	0	0
ABW	Aruba	3,126	3,545	163	2	4,569	5,187	171	-1	-8
BTN	Bhutan	2,540	2,653	169	-1	9,358	10,044	160	0	+9
LBN	Lebanon	23,132	21,780	115	-2	80,145	78,233	101	-1	+14
PLW	Palau	218	246	193	1	274	257	194	0	-1
SMR	San Marino	1,855	1,785	175	-1	2,294	2,710	178	0	-3
SSD	South Sudan	5,935	8,535	151	3	6,193	6,658	163	0	-12
TKM	Turkmenistan	64,367	77,252	75	8	109,193	118,739	93	0	-18
TON	Tonga	469	498	190	0	719	668	190	0	0
VEN	Venezuela, RB	57,666	92,104	70	17	170,074	196,547	75	1	-5
YEM	Yemen, Rep.	19,263	23,548	113	6	62,444	67,820	109	0	+4
TW	Taiwan Province of China	775,741	760,460	21	0	1,471,818	1,611,996	21	-3	0
	World	96,882,400	100,562,000			148,146,000	164,155,000