Which Country Has the Largest Economy?

GDP (Current USD) (USD bil), 2017
Economy | December 10, 2018
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Based on a comparison of 172 countries in 2023, USA ranked the highest in GDP in USD terms with USD 19,485 bil followed by China and Japan. On the other end of the scale was Comoros with USD 0.652 bil, Guinea Bissau with USD 1.35 bil and Gambia with USD 1.48 bil.

Total GDP in USD terms reached USD 108,712 bil in 2023 in the World according to the National Statistical Office. This is 5.01 % more than in the previous year and 29.4 % more than 10 years ago.

Historically, total GDP in USD terms reached an all time high of USD 108,712 bil in 2023 and an all time low of USD 1,369 bil in 1960. The average annual growth amounted to 7.19 % since 1929.

The top ranked country, USA, accounted for 17.9 % of GDP in USD terms in the world. The top 3 countries hold a 33.5 % share while the ten largest countries some 49.2 % in 2023.

Data for more countries are available at GDP (Current USD) indicator page.

GDP (Current USD) Unit 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Australia USD bil 1,516 1,455 1,233 1,265 1,380
Brazil USD bil 2,472 2,456 1,800 1,793 2,055
Canada USD bil 1,843 1,799 1,560 1,536 1,653
China USD bil 9,635 10,535 11,226 11,222 12,015
France USD bil 2,812 2,857 2,439 2,466 2,588
Germany USD bil 3,754 3,905 3,383 3,497 3,701
India USD bil 1,857 2,039 2,102 2,274 2,602
Italy USD bil 2,131 2,155 1,834 1,860 1,939
Japan USD bil 5,156 4,850 4,395 4,950 4,873
Mexico USD bil 1,274 1,315 1,171 1,078 1,151
Russia USD bil 2,297 2,064 1,368 1,285 1,578
South Korea USD bil 1,306 1,411 1,383 1,415 1,540
Spain USD bil 1,362 1,379 1,198 1,238 1,314
USA USD bil 16,785 17,522 18,219 18,707 19,485
United Kingdom USD bil 2,755 3,036 2,897 2,669 2,628