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List of countries by largest historical GDP

From Wikipedia, the free encyclopedia

This list of countries by largest GDP shows how the membership and rankings of the world's ten largest economies as measured by Gross Domestic Product has changed. While the United States has consistently had the world's largest economy for some time, in the last fifty years the world has seen both rises and falls in relative terms of the economies of other countries.

Overview of the ten largest economies

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By average values of GDP (nominal)

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The ten largest economies by average values of GDP (nominal)[a] 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
2024 [5]  United States
28,780
 China
18,530
 Germany
4,590
 Japan
4,110
 India
3,940
 United Kingdom
3,500
 France
3,130
 Italy
2,330
 Brazil
2,330
 Canada
2,240
2020  United States
21,323
 China
14,688
 Japan
5,056
 Germany
3,888
 United Kingdom
2,698
 India
2,675
 France
2,647
 Italy
1,897
 Canada
1,656
 South Korea
1,644
2015  United States
18,037
 China
11,226
 Japan
4,382
 Germany
3,365
 United Kingdom
2,863
 France
2,420
 India
2,088
 Italy
1,826
 Brazil
1,801
 Canada
1,553
2010  United States
14,964
 China
5,812
 Japan
5,793
 Germany
3,310
 France
2,560
 United Kingdom
2,246
 Brazil
2,088
 Italy
2,051
 India
1,729
 Russia
1,638
2005  United States
13,094
 Japan
4,756
 Germany
2,866
 United Kingdom
2,511
 China
2,309
 France
2,207
 Italy
1,856
 Canada
1,169
 Spain
1,159
 South Korea
898
2000  United States
10,285
 Japan
4,887
 Germany
1,956
 United Kingdom
1,442
 France
1,328
 China
1,215
 Italy
1,145
 Canada
742
 Mexico
684
 Brazil
655
1995  United States
7,640
 Japan
4,360
 Germany
2,594
 France
1,611
 United Kingdom
1,321
 Italy
1,172
 Brazil
786
 China
737
 Spain
612
 Canada
604
1990  United States
5,280
 Japan
3,134
 Soviet Union
2‚660
 West Germany
1,593
 France
1,279
 Italy
1,177
 United Kingdom
1,094
 Mexico
534
 Brazil
534
 Canada
534
1985  United States
4,347
 Soviet Union
2‚200
 Japan
1,401
 West Germany
659
 France
560
 United Kingdom
534
 Italy
459
 Canada
365
 China
313
 India
238
1980  United States
2,862
 Soviet Union
1,212
 Japan
1,100
 West Germany
920
 France
691
 United Kingdom
536
 Italy
460
 Canada
269
 Brazil
235
 China
226
1975  United States
1,689
 Soviet Union
686
 Japan
513
 West Germany
475
 France
356
 United Kingdom
236
 Italy
219
 Canada
173
 China
161
 Brazil
116
1970  United States
1,076
 Soviet Union
433
 Japan
209
 West Germany
209
 France
146
 United Kingdom
125
 Italy
109
 China
91
 Canada
88
 India
62
1965  United States
712
 Soviet Union
367
 West Germany
125
 France
102
 United Kingdom
101
 Japan
91
 China
70
 Italy
68
 India
61
 Canada
54
1960  United States
521
 Soviet Union
142
 West Germany
92
 United Kingdom
72
 France
62
 China
61
 Japan
44
 Canada
41
 Italy
40
 India
37

By average values of GDP (PPP)

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The ten largest economies by average values of GDP (PPP)[b] by every half decade from the available data in IMF and World Bank lists (in USD billions)[6][7][8][9][10]
Year 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th
2020  China
24,273.360
 United States
20,936.600
 India
9,907.028
 Japan
5,328.033
 Germany
4,469.546
 Russia
4,133.084
 Indonesia
3,302.377
 Brazil
3,153.597
 France
3,115.307
 United Kingdom
3,019.057
2015  China
19,695.741
 United States
18,036.650
 India
8,003.405
 Japan
5,118.682
 Germany
3,860.114
 Russia
3,759.692
 Brazil
3,216.167
 Indonesia
2,849.796
 United Kingdom
2,700.627
 France
2,665.863
2010  China
17,516.324
 United States
15,315.361
 India
5,312.261
 Japan
4,485.871
 Germany
3,279.529
 Russia
3,240.905
 Brazil
2,803.368
 France
2,340.155
 United Kingdom
2,251.123
 Italy
2,075.864
2005  United States
13,093.700
 China
6,617.286
 Japan
4,056.757
 India
3,238.203
 Germany
2,804.578
 Russia
2,474.758
 Brazil
2,046.980
 France
2,046.601
 United Kingdom
2,008.467
 Italy
1,916.369
2000  United States
10,284.775
 China
3,698.622
 Japan
3,405.450
 Germany
2,430.427
 India
2,077.843
 France
1,678.332
 Russia
1,635.277
 Italy
1,628.105
 Brazil
1,579.824
 United Kingdom
1,556.051
1995  United States
7,664.075
 Japan
2,965.536
 China
2,254.642
 Germany
2,033.711
 India
1,426.298
 Russia
1,389.470
 Italy
1,356.581
 France
1,337.635
 Brazil
1,306.756
 United Kingdom
1,224.054
1990  United States
5,279.575
 Soviet Union
 Japan
2,431.093
 West Germany
1,636.133
 Italy
1,134.581
 France
1,112.013
 China
1,092.075
 United Kingdom
1,001.703
 Brazil
1,000.682
 India
986.896
1985  United States
4,346.750
 Soviet Union
 Japan
1,633.243
 West Germany
1,200.553
 Italy
1,044.727
 France
807.519
 Brazil
776.449
 United Kingdom
722.892
 China
654.954
 India
633.604
1980  United States
2,862.475
 Soviet Union
 Japan
1,027.017
 West Germany
866.222
 Italy
594.363
 France
578.363
 Brazil
570.249
 United Kingdom
498.558
 India
452.711
 China
419.053

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

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

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Main GDP countries

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The United States Department of Agriculture has calculated the share of global real GDP for every country from 1969 to 2010.[11]

European Union

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As of 2023, the EU accounts for 17% of global GDP (nominal) and 14.5% of global GDP (PPP) in 2023.

United States

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The United States represented 28.69% of the world's economy in 1960 (highest point). It accounted for 1.8% of the world's economy in 1820, 8.9% in 1870, and 18.9% in 1913. The United States produced 25.3% (nominal) and 15.5% of global GDP (PPP) in 2022.[12]

China

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China represented 1.61% of the world's economy in 1987 (lowest point), rising to 18.4% (nominal) and 19% (PPP) in 2022. It accounted for 25.4% of global GDP in 1 CE, 29% of world global output in 1600 CE, 17.3% of the world's economy in 1870, and 33% in 1820 (its highest point). China's share of global GDP varied from a quarter to a third of global output until the late 19th century.[12]

India

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The gross domestic product of India was estimated at 24.4% of the world's economy in 1500, 22.4% in 1600, 16% in 1820, and 12.1% in 1870. India's share of global GDP declined to less than 2% of global GDP by the time of its independence in 1947, and only rose gradually after the liberalization of its economy beginning in the 1990s. The Republic of India currently contributes 3.6% of world GDP (nominal) and 7.5% of global GDP (PPP) in 2023

Notes

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  1. ^ This is, the absolute gross domestic product or total productive output of a country, not corrected by cost of life.
  2. ^ Purchasing power parity (PPP) is the exchange-rate-adjusted GDP, accounting for the value of money in different countries.

References

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  1. ^ "World's largest economies". CNNMoney.
  2. ^ "National Accounts - Analysis of Main Aggregates (AMA)". unstats.un.org.
  3. ^ World Bank GDP Data (December 2014)
  4. ^ "World Economic Outlook". www.imf.org.[dead link]
  5. ^ "World Economic Outlook (April 2024) - GDP, current prices". International Monetary Fund. Retrieved 6 October 2024.
  6. ^ "IMF historical GDP (PPP) Data (October 2014)". Imf.org. 2015-10-06. Retrieved 2015-10-08.
  7. ^ "GDP, PPP; Table". Data.worldbank.org. 2014-12-16. Retrieved 2014-12-18.
  8. ^ "Welcome to World Bank Intranet" (PDF).
  9. ^ "Report for Selected Countries and Subjects". www.imf.org.
  10. ^ Elliott, Larry (January 6, 2011). "GDP projections from PwC: how China, India and Brazil will overtake the West by 2050". the Guardian.
  11. ^ ""Real Historical Gross Domestic Product (GDP) Shares and Growth Rates of GDP Shares", USDA, November 2009". Ers.usda.gov. Archived from the original on 2013-09-08. Retrieved 2014-01-19.
  12. ^ a b Azar Gat (2008). War in Human Civilization. Oxford University Press. p. 517. ISBN 978-0-19-923663-3.