List of countries by largest historical GDP

This list of countries by largest GDP shows how the membership and rankings of the world's ten largest economies as measured by their 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   Soviet Union
  United States
4,346.750
  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.