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