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List of countries by largest historical GDP

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This list of countries by largest historical GDP shows how the membership and rankings of the world's ten largest economies has changed. While the United States has consistently had the world's largest economy since the late nineteenth century, and by a margin that has generally widened over time, in the last fifty years the world has seen the rapid rise and fall in relative terms of the economies of other countries.

Overview of the ten largest economies

By average values of GDP (nominal)

The ten largest economies by average values of GDP (nominal) by every half decade from the available data in IMF, World Bank, and United Nations lists (in USD billions)[1][2][3][4]
Year 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th
2020 (IMF Forecast)  United States
22,300.105
 China
17,100.063
 Japan
4,746.880
 Germany
4,004.936
 United Kingdom
3,851.983
 France
3,443.596
 India
2,940.194
 Italy
2,143.801
 Brazil
2,054.407
 Canada
1,958.153
2015 (IMF Forecast)  United States
18,124.195
 China
11,384.763
 Japan
4,116.242
 Germany
3,371.003
 United Kingdom
2,864.903
 France
2,422.649
 India
2,182.577
 Italy
1,819.047
 Brazil
1,799.612
 Canada
1,572.781
2010  United States
14,964.400
 China
5,943.312
 Japan
5,495.387
 Germany
3,378.206
 France
2,648.482
 United Kingdom
2,370.933
 Brazil
2,143.003
 Italy
2,104.143
 India
1,707.265
 Canada
1,614.072
2005  United States
13,094.267
 Japan
4,571.867
 Germany
2,798.290
 United Kingdom
2,352.553
 China
2,277.133
 France
2,182.543
 Italy
1,809.706
 Canada
1,164.179
 Spain
1,140.270
 South Korea
898.137
2000  United States
10,286.417
 Japan
4,731.199
 Germany
1,908.514
 United Kingdom
1,512.943
 France
1,355.741
 China
1,194.722
 Italy
1,117.824
 Canada
739.453
 Mexico
683.650
 Brazil
644.722
1995  United States
7,664.050
 Japan
5,333.926
 Germany
2,546.070
 France
1,597.597
 United Kingdom
1,199.107
 Italy
1,145.127
 Brazil
769.215
 China
747.311
 Spain
602.212
 Canada
602.009
1990  United States
5,979.592
 Japan
3,103.698
 Soviet Union  West Germany
1,675.480
 France
1,265.998
 Italy
1,152.047
 United Kingdom
1,036.865
 Canada
592.885
 Spain
525.485
 Brazil
443.032
1985  United States
4,346.717
 Soviet Union  Japan
1,384.532
 West Germany
692.777
 France
552.774
 United Kingdom
473.016
 Italy
444.203
 Canada
362.961
 China
309.510
 India
233.556
1980  United States
2,862.492
 Soviet Union  Japan
1,086.988
 West Germany
897.496
 France
699.450
 United Kingdom
550.490
 Italy
468.569
 Canada
273.722
 China
268.327
 Mexico
229.512
1975  United States
1,688.900
 Soviet Union
686.000
 Japan
512.861
 West Germany
474.790
 France
355.608
 United Kingdom
236.414
 Italy
219.392
 Canada
173.487
 China
160.751
 Brazil
115.880
1970  United States
1,075.900
 Soviet Union
433.400
 Japan
209.071
 West Germany
208.868
 France
146.438
 United Kingdom
124.800
 Italy
109.257
 China
91.273
 Canada
87.734
 India
62.494
1965  United States
712.082
 Soviet Union  West Germany  France
102.161
 United Kingdom
100.596
 Japan
90.950
 China
69.709
 Italy
67.978
 India
60.599
 Canada
53.910
1960  United States
520.531
 Soviet Union  West Germany  United Kingdom
72.328
 France
61.552
 China
61.378
 Japan
44.307
 Canada
41.093
 Italy
40.385
 India
36.604

By average values of GDP (PPP)

The ten largest economies by average values of GDP (PPP) by every half decade from the available data in IMF and World Bank lists (in USD billions)[5][6][7]
Year 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th
2020 (IMF Forecast)  China
28,920.974
 United States
22,294.105
 India
12,706.008
 Japan
5,512.220
 Germany
4,514.086
 Indonesia
4,103.298
 Russia
3,998.149
 Brazil
3,827.634
 United Kingdom
3,250.591
 France
3,159.798
2015 (IMF Forecast)  China
19,509.983
 United States
17,968.195
 India
8,027.031
 Japan
4,842.395
 Germany
3,842.004
 Russia
3,473.780
 Brazil
3,207.861
 Indonesia
2,838.643
 United Kingdom
2,659.728
 France
2,646.948
2010  United States
14,964.400
 China
12,091.693
 India
5,478.697
 Japan
4,319.827
 Germany
3,205.575
 Russia
2,977.897
 Brazil
2,685.969
 France
2,336.364
 United Kingdom
2,193.949
 Italy
2,031.798
2005  United States
13,093.700
 China
6,459.365
 Japan
3,874.042
 India
3,339.548
 Germany
2,677.620
 Russia
2,005.385
 United Kingdom
1,996.045
 France
1,982.855
 Brazil
1,963.323
 Italy
1,782.702
2000  United States
10,284.775
 China
3,610.254
 Japan
3,263.238
 Germany
2,264.651
 India
2,147.725
 France
1,630.931
 Italy
1,541.779
 United Kingdom
1,538.921
 Brazil
1,523.544
 Russia
1,265.558
1995  United States
7,664.075
 Japan
2,866.925
 China
2,196.813
 Germany
1,924.061
 India
1,471.625
 Italy
1,357.169
 France
1,337.185
 Brazil
1,269.229
 United Kingdom
1,171.515
 Russia
1,067.012
1990  United States
5,979.588
 Soviet Union  Japan
2,368.693
 West Germany
1,548.457
 China
1,092.075
 Italy
1,134.581
 France
1,112.013
 India
1,018.305
 Brazil
969.692
 United Kingdom
923.639
1985  United States
4,346.750
 Soviet Union  Japan
1,585.086
 West Germany
1,144.657
 Italy
833.123
 France
807.519
 Brazil
753.822
 India
653.454
 China
640.568
 United Kingdom
627.367
1980  United States
2,862.475
 Soviet Union  Japan
996.736
 West Germany
837.262
 Italy
594.363
 France
578.972
 Brazil
553.631
 United Kingdom
433.914
 Mexico
389.330
 India
389.299

World Bank statistics of the ten largest economies by GDP (PPP)

Angus Maddison statistics of the ten largest economies by GDP (PPP)

Main GDP countries

The United States Department of Agriculture has calculated the share of every country to global real GDP from 1969 to 2010.[8]

  • The United States represented 28.69% of the world's economy in 1960 (highest point), and was at its lowest point at 21.42% in 2011.
  • The European Union represented 31.6% of the world's GDP at 1980 (highest point), and was at its lowest in 1985 at 25.01%.
  • China at the peak of their economy with 32.9% during Qing dynasty and it represented 1.618% of the world's economy in 1987 (lowest point), rising to 11.47% in 2012 (highest point). According to Angus Maddison, China represented 32.9% of the world's economy in 1820.[9]
  • Japan represented 17.8% of the world's economy in 1994 (highest point), after that its contribution to the world's economy has gradually diminished, and reached its lowest point in 2012 (8.32%). Although the very lowest since 1960 has been in the year 1960 when it produced 3.28% of the world's GDP.
  • Germany represented 8.98% of the world's economy in 1969 (highest point), falling to 4.74% in 2012 (lowest point)
  • The United Kingdom represented 6.42% of the world's economy in 1960 (highest point), falling to 3.42% in 2012 (lowest point). According to Angus Maddison the United Kingdom accounted for 9.1% of the world's economy in 1870.[9]
  • France represented 5.8% of the world's economy in 1969. After rising to 5.94% in 1974, its contribution to the world's economy fell to 3.64% in 2012 (lowest point). According to Angus Maddison France represented 6.5% of the world's economy in 1870[9]
  • Italy represented 5.11% of the world's economy in 1969. After rising to 5.18% in 1974, its contribution to the world's economy fell to 2.81% in 2012 (lowest point).
  • Canada represented 2.63% of the world's economy in 1969. This figure has been generally stable, having peaked at 2.76% in 1981 and 2002, and being at its lowest (2.55%) in 1992. In 2012 Canada's share was 2.54%.
  • The Soviet Union represented 14.31% of the world's economy in 1969 (highest point) and at the year of its dissolution (1991) only produced 3.58% of the world's economy (lowest point). In 2012 Russia's share was 2.82% (highest point) and reached a nadir in 1998 (1.38%) before ending up at 1.9% in 2010.
  • India represented 3.1% of the world's economy in 1964 (highest point), and had its lowest world economy share at 1.00% in 1992. According to Angus Maddison, India represented 32.9% of the world's economy in 0 CE.[9]
  • South Korea represented 2.02% of the world's economy in 2010 (highest point), and had its lowest world economy share at 0.156% in 1965.
  • Brazil represented 3.34% of the world's economy in 2011 (highest point), and had its lowest world economy share at 1.55% in 1969.

References

  1. ^ CNN Global Economy
  2. ^ United Nations GDP Data (December 2013)
  3. ^ World Bank GDP Data (December 2014)
  4. ^ IMF historical nominal GDP Data (October 2015)
  5. ^ "IMF historical GDP (PPP) Data (October 2014)". Imf.org. 2015-10-06. Retrieved 2015-10-08.
  6. ^ "GDP, PPP; Table". Data.worldbank.org. 2014-12-16. Retrieved 2014-12-18.
  7. ^ http://siteresources.worldbank.org/DATASTATISTICS/Resources/GDP_PPP.pdf
  8. ^ ""Real Historical Gross Domestic Product (GDP) Shares and Growth Rates of GDP Shares", USDA, November 2009". Ers.usda.gov. Retrieved 2014-01-19.
  9. ^ a b c d The World Economy page 263 by Angus Maddison