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GDP (PPP) means
gross domestic product Gross domestic product (GDP) is a monetary Image:National-Debt-Gillray.jpeg, In a 1786 James Gillray caricature, the plentiful money bags handed to King George III are contrasted with the beggar whose legs and arms were amputated, in the ...
based on purchasing power parity. This article includes a list of countries by their forecast estimated GDP (PPP). Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official
exchange rate In finance Finance is the study of financial institutions, financial markets and how they operate within the financial system. It is concerned with the creation and management of money and investments. Savers and investors have money availa ...
s. The data given on this page are based on the
international dollar The international dollar (int'l dollar or intl dollar, symbols Int'l$., Intl$., Int$), also known as Geary–Khamis dollar (symbols G-K$ or GK$), is a hypothetical unit of currency that has the same purchasing power parity that the U.S. dollar ...
, a standardized unit used by economists. Certain regions that are not widely considered countries such as the
European Union The European Union (EU) is a political and economic union of member states that are located primarily in Europe Europe is a which is also recognised as part of , located entirely in the and mostly in the . It comprises the wester ...

European Union
and
Hong Kong Hong Kong (; , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (HKSAR), is a List of cities in China, city and Special administrative regions of China, special administrative region of China on the ...

Hong Kong
also show up in the list if they are distinct jurisdiction areas or economic entities. GDP comparisons using PPP are arguably more useful than those using
nominal GDP Gross domestic product (GDP) is a monetary In a 1786 James Gillray caricature, the plentiful money bags handed to King George III are contrasted with the beggar whose legs and arms were amputated, in the left corner">174x174px Money is ...
when assessing a nation's domestic market because PPP takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates, which may distort the real differences in per capita income. It is however limited when measuring financial flows between countries and when comparing the quality of same goods among countries.PPP Versus the Market: Which Weight Matters?
imf.org, March 2007, Volume 44, Number 1
PPP is often used to gauge global
poverty threshold Poverty Thresholds for 2013 The poverty threshold, poverty limit, poverty line or breadline, is the minimum level of income deemed adequate in a particular country. Poverty line is usually calculated by finding the total cost of all the essent ...
s and is used by the
United Nations The United Nations (UN) is an intergovernmental organization An intergovernmental organization (IGO) is an organization composed primarily of sovereign states (referred to as ''member states''), or of other organizations through formal ...

United Nations
in constructing the
human development index The Human Development Index (HDI) is a statistic composite index of life expectancy Life expectancy is a statistical measure of the average time an organism is expected to live, based on the year of its birth, its current age, and ot ...
. These surveys such as the International Comparison Program include both tradable and non-tradable goods in an attempt to estimate a representative basket of all goods. The first table includes estimates for the year 2020 made for each economy of the 194 countries and areas (including Hong Kong and
Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia East Asia is the eastern region of Asia Asia () is Earth's largest and most populous continent, located primarily in the Eastern Hemisphere, Eastern and N ...

Taiwan
) covered by the
International Monetary Fund The International Monetary Fund (IMF) is an international financial institution, headquartered in Washington, D.C. ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monu ...

International Monetary Fund
(IMF)'s
International Financial StatisticsThe IMF International Financial Statistics (IFS) is a compilation of financial data collected from various sources, covering the economies of 194 countries and areas worldwide, which is published monthly by the International Monetary Fund The I ...
(IFS) database. The data is in millions of international dollars and was calculated and published by the IMF in April 2020. The second table includes data, mostly for the year 2018, for 180 of the 193 current
United Nations member states United may refer to: Places * United, Pennsylvania United is located in Mount Pleasant Township, Westmoreland County, Pennsylvania. It is a community located near Norvelt, Pennsylvania. History In 1881, the United Coal Company, United Coal & Cok ...
as well as Hong Kong and
Macau Macau or Macao (; ; ; ), officially the Macao Special Administrative Region of the People's Republic of China (MSAR), (RAEM) is a city A city is a large human settlement.Goodall, B. (1987) ''The Penguin Dictionary of Human Geography''. Lond ...

Macau
(the two Chinese Special Administrative Regions). Data are in millions of international dollars; they were compiled by the
World Bank The World Bank is an international financial institution An international financial institution (IFI) is a financial institution that has been established (or chartered) by more than one country, and hence is subject to international law. Its o ...
. The third table is a tabulation of th
CIA World Factbook GDP (PPP)
data update of 2019. The data for GDP at purchasing power parity has also been rebased using the new International Comparison Program price surveys and extrapolated to 2007. Non-sovereign entities (the world, continents, and some
dependent territories A dependent territory, dependent area, or dependency is a territory that does not possess full political independence upright=1.0, Pedro I of Brazil, Pedro surrounded by a crowd in São Paulo after breaking the news of Independence of Brazi ...
) and
states with limited recognition State may refer to: Arts, entertainment, and media Literature * ''State Magazine ''State Magazine'' is a digital magazine published by the U.S. Department of State's Bureau of Global Talent Management The Bureau of Global Talent Managemen ...
(such as
Kosovo Kosovo, or ; sr-Cyrl, Косово officially the Republic of Kosovo,; sr, / is a partially recognised state in Southeast Europe Southeast Europe or Southeastern Europe () is a geographical subregion A subregion is a part of a ...

Kosovo
,
Palestine Palestine ( or ) most often refers to: * State of Palestine, a ''de jure'' sovereign state in the Middle East * Palestine (region), a geographical and historical region in the Middle East Palestine may also refer to: * Palestinian National Aut ...
and Taiwan) are included in the list in cases in which they appear in the sources. These economies are not ranked in the charts here, but are listed in sequence by GDP for comparison. In addition, non-sovereign entities are marked in ''italics''. The European Union – and its
European Single Market The European Single Market, Internal Market or Common Market is a single market A single market is a type of trade bloc A trade bloc is a type of trade pact, intergovernmental agreement, often part of a regional intergovernmental organiza ...

European Single Market
, which seeks to guarantee the free movement of goods, capital, services, and labour (the "four freedoms") within its 27 member states, also involved in international trade negotiations – might also appear in some lists. Depending on the methodology, the European Union could be inserted above or below the United States. For instance, the World Bank estimates the European Union's GDP (PPP) as $20.78 trillion in 2019.


Table

''The table is initially ranked by the average of the available estimates for each country or territory, and can be reranked by either of the sources.'' * indicates "GDP of COUNTRY or TERRITORY" or "Economy of COUNTRY or TERRITORY" links.


See also

*
List of countries by GDP (nominal) Gross domestic product Gross domestic product (GDP) is a money, monetary Measurement in economics, measure of the market value of all the final goods and services produced in a specific time period. List of countries by GDP (nominal) per c ...
* List of countries by wealth inequality *
List of countries by GDP (nominal) per capita The figures presented here do not take into account differences in the cost of living __NOTOC__ "Cost Of Living" is the 120th episode of the American science fiction television show '' Star Trek: The Next Generation''. The 20th episode of the ...
*
List of countries by GDP (PPP) per capita A ''list'' is any set of items. List or lists may also refer to: People * List (surname)List or Liste is a European surname. Notable people with the surname include: List * Friedrich List (1789–1846), German economist * Garrett List (194 ...
*
List of countries by Human Development Index A ''list'' is any enumeration An enumeration is a complete, ordered listing of all the items in a collection. The term is commonly used in mathematics Mathematics (from Ancient Greek, Greek: ) includes the study of such topics as quantity ( ...
*
List of countries by income equality This is a list of countries or dependencies by income inequality metricsIncome inequality metrics or income distribution metrics are used by social scientists to measure the distribution of income and economic inequality among the participants i ...
*
List of countries by past and projected GDP (nominal) A ''list'' is any set of items. List or lists may also refer to: People * List (surname)List or Liste is a European surname. Notable people with the surname include: List * Friedrich List (1789–1846), German economist * Garrett List (1943 ...
*
List of countries by past and projected GDP (PPP) This is an alphabetical list of countries by past and projected Gross Domestic Product Gross domestic product (GDP) is a money, monetary Measurement in economics, measure of the market value of all the final goods and services produced in a spe ...
*
List of countries by real GDP growth rate This article includes a lists of countries and dependent territories sorted by their real gross domestic product growth rate; the rate of growth of the value of all final goods and services produced within a state in a given year. The statistics ...
*
List of IMF ranked countries by GDP A ''list'' is any set of items. List or lists may also refer to: People * List (surname)List or Liste is a European surname. Notable people with the surname include: List * Friedrich List (1789–1846), German economist * Garrett List (194 ...
, IMF ranked GDP (nominal), GDP (nominal) per capita, GDP (PPP), GDP (PPP) per capita, Population, and PPP *
Lists of countries by GDP List of countries by GDP Gross domestic product (GDP) is a monetary In a 1786 James Gillray caricature, the plentiful money bags handed to King George III are contrasted with the beggar whose legs and arms were amputated, in the left corner ...
*
List of countries by total wealth National net wealth, also known as national net worth, is the total sum of the value of a country's asset In financial accountancy, financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is ...


Notes

* IMF estimate. * Data excludes French Polynesia. * China's PPP is based on prices for 11 administrative regions, extrapolated to the full country, and an urban/rural breakdown. China's entry does not include the two
special administrative region A special administrative region is a designation for types of administrative territorial entities in Mainland China Mainland China, also known as the Chinese mainland, China mainland, or the Mainland Area of the Republic of China is the geopo ...
s, namely
Hong Kong Hong Kong (; , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (HKSAR), is a List of cities in China, city and Special administrative regions of China, special administrative region of China on the ...

Hong Kong
and
Macau Macau or Macao (; ; ; ), officially the Macao Special Administrative Region of the People's Republic of China (MSAR), (RAEM) is a city A city is a large human settlement.Goodall, B. (1987) ''The Penguin Dictionary of Human Geography''. Lond ...

Macau
. These are listed separately.


References

{{DEFAULTSORT:List of countries by GDP (PPP) GDP (PPP)