List of countries by past and projected GDP (PPP)

Last updated

This is an alphabetical list of countries by past and projected Gross Domestic Product , based on the Purchasing Power Parity (PPP) methodology, not on market exchange rates. These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, April 2024 Edition. [1] The figures are given or expressed in Millions of International Dollars at current prices.

Contents

IMF estimates from 1980 to 1989

IMF estimates between 1990 and 1999

IMF estimates between 2000 and 2009

IMF estimates between 2010 and 2019

IMF projections for 2020 through 2029

The following list contains the various countries' projected GDP (PPP) from 2020 to 2029.

GDP (PPP) milestones by countries

The following is a list of countries reaching a certain threshold of GDP (PPP) in a specific year according to International Monetary Fund. [2] As for the Soviet Union, its GDP (PPP) reached 2.66 trillion USD in 1990, but it is unknown in which year did its economy surpass the 1 trillion and 2 trillion hallmark. [3]

1 trillion USD2 trillion USD3 trillion USD5 trillion USD10 trillion USD15 trillion USD20 trillion USD30 trillion USD
Year AchievedCountryYear AchievedCountryYear AchievedCountryYear AchievedCountryYear AchievedCountryYear AchievedCountryYear AchievedCountryYear AchievedCountry
1969Flag of the United States (23px).png  United States 1977Flag of the United States (23px).png  United States 1981Flag of the United States (23px).png  United States 1988Flag of the United States (23px).png  United States 2000Flag of the United States (23px).png  United States 2010Flag of the United States (23px).png  United States 2018Flag of the People's Republic of China.svg  China 2022Flag of the People's Republic of China.svg  China
bef 1990Flag of the Soviet Union.svg  Soviet Union bef 1990Flag of the Soviet Union.svg  Soviet Union 1995Flag of Japan.svg  Japan 2003Flag of the People's Republic of China.svg  China 2009Flag of the People's Republic of China.svg  China 2012Flag of the People's Republic of China.svg  China 2018Flag of the United States (23px).png  United States 2026Flag of the United States (23px).png  United States*
1980Flag of Japan.svg  Japan 1988Flag of Japan.svg  Japan 1998Flag of the People's Republic of China.svg  China 2010Flag of India.svg  India 2021Flag of India.svg  India 2025Flag of India.svg  India*
1983Flag of Germany.svg  West Germany 1995Flag of the People's Republic of China.svg  China 2004Flag of India.svg  India 2013Flag of Japan.svg  Japan
N/AFlag of Russia.svg  Russia 1995Flag of Germany.svg  Germany 2007Flag of Germany.svg  Germany 2022Flag of Germany.svg  Germany
1988Flag of Italy.svg  Italy 1999Flag of India.svg  India 2008Flag of Russia.svg  Russia 2022Flag of Russia.svg  Russia
1989Flag of France.svg  France 2004Flag of Russia.svg  Russia 2013Flag of Brazil.svg  Brazil 2025Flag of Indonesia.svg  Indonesia*
1989Flag of the People's Republic of China.svg  China 2005Flag of France.svg  France 2017Flag of the United Kingdom.svg  United Kingdom
1989Flag of Brazil.svg  Brazil 2005Flag of Brazil.svg  Brazil 2018Flag of France.svg  France
1990Flag of India.svg  India 2005Flag of the United Kingdom.svg  United Kingdom 2018Flag of Indonesia.svg  Indonesia
1990Flag of the United Kingdom.svg  United Kingdom 2006Flag of Italy.svg  Italy 2022Flag of Turkey.svg  Turkey
1996Flag of Mexico.svg  Mexico 2010Flag of Indonesia.svg  Indonesia 2022Flag of Italy.svg  Italy
1997Flag of Indonesia.svg  Indonesia 2012Flag of Mexico.svg  Mexico 2022Flag of Mexico.svg  Mexico
2001Flag of Spain.svg  Spain 2015Flag of Turkey.svg  Turkey 2024Flag of South Korea.svg  South Korea*
2003Flag of Canada (Pantone).svg  Canada 2016Flag of South Korea.svg  South Korea 2029Flag of Saudi Arabia.svg  Saudi Arabia*
2004Flag of South Korea.svg  South Korea 2019Flag of Spain.svg  Spain 2029Flag of Spain.svg  Spain*
2004Flag of Saudi Arabia.svg  Saudi Arabia 2021Flag of Canada (Pantone).svg  Canada
2005Flag of Iran.svg  Iran 2022Flag of Saudi Arabia.svg  Saudi Arabia
2006Flag of Turkey.svg  Turkey 2025Flag of Egypt.svg  Egypt*
2012Flag of Egypt.svg  Egypt 2026Flag of Iran.svg  Iran*
2012Flag of Thailand.svg  Thailand 2027Flag of Bangladesh.svg  Bangladesh*
2013Flag of Australia (converted).svg  Australia 2027Flag of Poland.svg  Poland*
2013Flag of the Republic of China.svg  Taiwan 2027Flag of the Republic of China.svg  Taiwan*
2015Flag of Poland.svg  Poland 2027Flag of Australia (converted).svg  Australia*
2016Flag of Pakistan.svg  Pakistan 2028Flag of Vietnam.svg  Vietnam*
2017Flag of Argentina.svg  Argentina 2028Flag of Pakistan.svg  Pakistan*
2018Flag of Nigeria.svg  Nigeria 2029Flag of Thailand.svg  Thailand*
2019Flag of the Netherlands.svg  Netherlands 2029Flag of the Philippines.svg  Philippines*
2019Flag of Vietnam.svg  Vietnam
2019Flag of the Philippines.svg  Philippines
2020Flag of Bangladesh.svg  Bangladesh
2022Flag of Malaysia.svg  Malaysia
2023Flag of Colombia.svg  Colombia
2024Flag of South Africa.svg  South Africa*
2025Flag of the United Arab Emirates.svg  United Arab Emirates*
2028Flag of Romania.svg  Romania*

* Future predictions are marked with an asterisk.

Long term GDP estimates

The following table is an OECD Long Term Projections made in February 2022 for largest 16 economies by GDP using PPP exchange rates from 2030 to 2060. [4]

The top 16 largest economies in the world (GDP at 2010 constant PPP in billions USD)
Country2030Country2040Country2050Country2060
Flag of the People's Republic of China.svg  China 36,977Flag of the People's Republic of China.svg  China 47,306Flag of the People's Republic of China.svg  China 54,765Flag of the People's Republic of China.svg  China 62,140
Flag of the United States (23px).png  United States 24,302Flag of the United States (23px).png  United States 28,063Flag of India.svg  India 33,363Flag of India.svg  India 42,204
Flag of India.svg  India 16,603Flag of India.svg  India 25,083Flag of the United States (23px).png  United States 32,119Flag of the United States (23px).png  United States 36,527
Flag of Japan.svg  Japan 5,632Flag of Indonesia.svg  Indonesia 7,507Flag of Indonesia.svg  Indonesia 9,846Flag of Indonesia.svg  Indonesia 12,320
Flag of Indonesia.svg  Indonesia 5,309Flag of Japan.svg  Japan 5,908Flag of Japan.svg  Japan 6,060Flag of Turkey.svg  Turkey 7,068
Flag of Germany.svg  Germany 4,566Flag of Germany.svg  Germany 4,914Flag of Turkey.svg  Turkey 5,934Flag of Japan.svg  Japan 6,333
Flag of Russia.svg  Russia 4,233Flag of Turkey.svg  Turkey 4,776Flag of Germany.svg  Germany 5,362Flag of Germany.svg  Germany 5,891
Flag of Brazil.svg  Brazil 3,759Flag of Russia.svg  Russia 4,624Flag of Brazil.svg  Brazil 5,168Flag of Brazil.svg  Brazil 5,746
Flag of Turkey.svg  Turkey 3,653Flag of Brazil.svg  Brazil 4,492Flag of Russia.svg  Russia 4,882Flag of Mexico.svg  Mexico 5,407
Flag of the United Kingdom.svg  United Kingdom 3,375Flag of Mexico.svg  Mexico 3,832Flag of Mexico.svg  Mexico 4,620Flag of Russia.svg  Russia 5,340
Flag of France.svg  France 3,267Flag of the United Kingdom.svg  United Kingdom 3,800Flag of the United Kingdom.svg  United Kingdom 4,249Flag of the United Kingdom.svg  United Kingdom 4,768
Flag of Mexico.svg  Mexico 3,073Flag of France.svg  France 3,679Flag of France.svg  France 4,148Flag of France.svg  France 4,736
Flag of South Korea.svg  South Korea 2,675Flag of South Korea.svg  South Korea 2,866Flag of Italy.svg  Italy 2,959Flag of Italy.svg  Italy 3,366
Flag of Italy.svg  Italy 2,499Flag of Italy.svg  Italy 2,692Flag of South Korea.svg  South Korea 2,880Flag of Australia (converted).svg  Australia 3,104
Flag of Spain.svg  Spain 2,094Flag of Canada (Pantone).svg  Canada 2,370Flag of Saudi Arabia.svg  Saudi Arabia 2,698Flag of Saudi Arabia.svg  Saudi Arabia 3,066
Flag of Canada (Pantone).svg  Canada 2,062Flag of Saudi Arabia.svg  Saudi Arabia 2,362Flag of Canada (Pantone).svg  Canada 2,694Flag of Canada (Pantone).svg  Canada 3,046

The following table is an estimate for largest 10 economies by nominal GDP using PPP exchange rates for 2030 made by UK based Standard Chartered in January 2019. [5]

RankCountry2030
1Flag of the People's Republic of China.svg  China 64.2
2Flag of India.svg  India 46.3
3Flag of the United States (23px).png  United States 31.0
4Flag of Indonesia.svg  Indonesia 10.1
5Flag of Turkey.svg  Turkey 9.1
6Flag of Brazil.svg  Brazil 8.6
7Flag of Egypt.svg  Egypt 8.2
8Flag of Russia.svg  Russia 7.9
9Flag of Japan.svg  Japan 7.2
10Flag of Germany.svg  Germany 6.9

See also

Related Research Articles

The gross world product (GWP), also known as gross world income (GWI), is the combined gross national income of all the countries in the world. Because imports and exports balance exactly when considering the whole world, this also equals the total global gross domestic product (GDP). According to the World Bank, the 2013 nominal GWP was approximately 75.59 trillion United States dollars. In 2017, according to the CIA's World Factbook, the GWP was around $80.27 trillion in nominal terms and totaled approximately 127.8 trillion international dollars in terms of purchasing power parity (PPP). The per capita PPP GWP in 2017 was approximately 17,500 international dollars according to the World Factbook. According to the World Bank, the 2020 GWP in current dollars was approximately $84.705 trillion.

<span class="mw-page-title-main">Global recession</span> Recession that affects many countries around the world

A global recession is recession that affects many countries around the world—that is, a period of global economic slowdown or declining economic output.

<span class="mw-page-title-main">Historical GDP of China</span> Overview of economic growth and decline in the East Asian country

This article includes a list of China's historical gross domestic product (GDP) values, the market value of all final goods and services produced by a nation in a given year. The GDP dollar estimates presented here are either calculated at market or government official exchange rates (nominal), or derived from purchasing power parity (PPP) calculations. This article also includes historical GDP growth.

<span class="mw-page-title-main">Economy of Beijing</span>

The economy of Beijing ranks among the most developed and prosperous cities in China. In 2013, the municipality's nominal gross domestic product (GDP) was CN¥1.95 trillion. It was about 3.43% of the country's total output, and ranked 13th among province-level administrative units. Per capita GDP, at CN¥93,213 (US$15,051) in nominal terms and Int $21,948 at purchasing power parity, was 2.2 times the national average and ranked second among province-level administrative units.

References

  1. 1 2 3 4 5 6 "World Economic Outlook Database April 2024". www.imf.org. Retrieved 16 April 2024.
  2. "Database". www.imf.org. IMF. Retrieved 16 April 2024.
  3. GDP - Million 1990
  4. "Economic Outlook No 109 - February 2022 - Long-term baseline projections" . Retrieved 11 February 2022.
  5. "These Could Be the World's Biggest Economies by 2030". Bloomberg News . 8 January 2019. Retrieved 12 January 2019.