List of countries by GDP (nominal)
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Gross domestic product Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performanc ...
(GDP) is the market value of all final goods and services from a nation in a given year. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official
exchange rate In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of ...
s. Nominal GDP does not take into account differences in the
cost of living The cost of living is the cost of maintaining a certain standard of living for an individual or a household. Changes in the cost of living over time can be measured in a cost-of-living index. Cost of living calculations are also used to compare t ...
in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's
currency A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific envi ...
. Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference in the standard of living of its population. Comparisons of national wealth are also frequently made based on
purchasing power parity Purchasing power parity (PPP) is a measure of the price of specific goods in different countries and is used to compare the absolute purchasing power of the countries' currency, currencies. PPP is effectively the ratio of the price of a market bask ...
(PPP), to adjust for differences in the cost of living in different countries. Other metrics, nominal GDP per capita and a corresponding GDP (PPP) per capita, are used for comparing national
standard of living Standard of living is the level of income, comforts and services available to an individual, community or society. A contributing factor to an individual's quality of life, standard of living is generally concerned with objective metrics outsid ...
. On the whole, PPP per capita figures are less spread than nominal GDP per capita figures. The rankings of national economies over time have changed considerably; the
economy of the United States The United States has a highly developed mixed economy. It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). As of 2025, it has the world's seventh highest nominal GDP per capita and ninth ...
surpassed the British Empire's output around 1916, which in turn had surpassed the economy of the Qing dynasty in aggregate output decades earlier. Since China's transition to a socialist market economy through controlled privatisation and deregulation, the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021. The first list includes estimates compiled by the
International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...
's World Economic Outlook, the second list shows the
World Bank The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...
's data, and the third list includes data compiled by the
United Nations Statistics Division The United Nations Statistics Division (UNSD), formerly the United Nations Statistical Office, serves under the United Nations Department of Economic and Social Affairs (DESA) as the central mechanism within the Secretariat of the United Nations ...
. The IMF's definitive data for the past year and estimates for the current year are published twice a year in April and October. Non-sovereign entities (the world, continents, and some dependent territories) and states with limited international recognition (such as
Kosovo Kosovo, officially the Republic of Kosovo, is a landlocked country in Southeast Europe with International recognition of Kosovo, partial diplomatic recognition. It is bordered by Albania to the southwest, Montenegro to the west, Serbia to the ...
and
Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia. The main geography of Taiwan, island of Taiwan, also known as ''Formosa'', lies between the East China Sea, East and South China Seas in the northwestern Pacific Ocea ...
) are included in the list where they appear in the sources.


Table

''The table initially ranks each IMF member including '' The links in the "Country/Territory" row of the following table link to the article on the GDP or the economy of the respective country or territory.


See also

* List of countries by GDP (PPP) Per capita: *
List of countries by GDP (nominal) per capita This is a list of countries by nominal GDP per capita. GDP per capita is the total value of a country's finished goods and services (gross domestic product) divided by its total population (per capita). Gross domestic product (GDP) per capita is ...
* List of countries by GDP (PPP) per capita Growth: * List of countries by real GDP growth rate * List of countries by real GDP per capita growth Past and projected: * List of countries by past and projected GDP (nominal) * List of countries by past and projected GDP (PPP) By region: * List of African countries by GDP (nominal) * List of Arab League countries by GDP (nominal) * List of countries in Asia-Pacific by GDP (nominal) * List of Commonwealth of Nations countries by GDP (nominal) * List of Latin American and Caribbean countries by GDP (nominal) * List of North American countries by GDP (nominal) * List of Oceanian countries by GDP * List of sovereign states in Europe by GDP (nominal) Other entities: *
List of cities by GDP This is a list of cities in the world by nominal gross domestic product (GDP). The United Nations uses three definitions for what constitutes a city, as not all cities may be classified using the same criteria. Cities may be defined as the citi ...
* List of continents by GDP * List of first-level administrative divisions by GRDP * List of regions by past GDP (PPP) *


Notes


References

{{DEFAULTSORT:Countries By Gdp (Nominal), List Of
Gdp (Nominal) Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performanc ...
Gdp (Nominal) Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performanc ...