Trillion dollar club (macroeconomics)

The Trillion dollar club is an unofficial classification of the world's major economies with a gross domestic product (nominal GDP) of more than US$1 trillion per year. ^{[1] [2]} As of 2023 it included 19 countries. This does not include purchasing power parity, which increases the GDP of many countries with an undervalued currency, which are usually poorer countries.

Since currency valuations can be subject to rapid change, a country could achieve the US$1 trillion nominal GDP mark one year and then produce less than that in total goods and services the following year(s). The 2010 data used here are compiled according to the International Monetary Fund (IMF) values. As for the former Soviet Union, the last statistics about its economy stated that it had an over US$2.5 trillion economy in the 1990 fiscal year, before its collapse.

US$1 trillion – US$10 trillion

US$1 trillion economy

Year	Country	Source
1969	United States	[3]
1972	European Union	[3]
1979	Japan	[3]
1987	West Germany	[3]
1988	France	[3]
1989	United Kingdom	[3]
1990	Italy	[3]
1998	China	[3]
2004	Spain	[3]
2004	Canada	[3]
2006	Brazil	[3]
2006	South Korea	[3]
2007	India	[3]
2007	Mexico	[3]
2007	Russia	[3]
2008	Australia	[3]
2017	Indonesia	[3]
2021	Netherlands	[4]
2022	Saudi Arabia	[5]
2023	Turkey	[6]

US$2 trillion economy

Year	Country	Source
1977	European Union	[3]
1977	United States	[3]
1986	Japan	[3]
1992	Germany	[3]
2003	United Kingdom	[3]
2004	France	[3]
2005	China	[3]
2007	Italy	[3]
2010	Brazil	[3]
2011	Russia	[3]
2014	India	[3]
2021	Canada	[3]

US$3 trillion economy

Year	Country	Source
1979	European Union	[3]
1981	United States	[3]
1988	Japan	[3]
2007	Germany	[3]
2007	China	[3]
2007	United Kingdom	[4]
2021	India	[4]
2023	France	[7]

US$4 trillion economy

Year	Country	Source
1984	United States	[3]
1986	European Union	[3]
1993	Japan	[3]
2008	China	[3]
2018	Germany	[3]
2025	India	[3]

US$5 trillion economy

Year	Country	Source
1987	European Union	[3]
1988	United States	[3]
1995	Japan	[3]
2009	China	[3]

US$6 trillion economy

Year	Country	Source
1989	European Union	[3]
1992	United States	[3]
2010	China	[3]
2011	Japan	[3]

US$7 trillion economy

Year	Country	Source
1990	European Union	[3]
1994	United States	[3]
2011	China	[3]

US$8 trillion economy

Year	Country	Source
1992	European Union	[3]
1996	United States	[3]
2012	China	[3]

US$9 trillion economy

Year	Country	Source
1995	European Union	[3]
1998	United States	[3]
2013	China	[3]

US$10 trillion economy

Year	Country	Source
2000	United States	[3]
2004	European Union	[3]
2014	China	[3]

US$11 trillion – US$20 trillion

US$11 trillion economy

Year	Country	Source
2003	United States	[3]
2004	European Union	[3]
2015	China	[3]

US$12 trillion economy

Year	Country	Source
2004	European Union	[3]
2004	United States	[3]
2017	China	[3]

US$13 trillion economy

Year	Country	Source
2004	European Union	[3]
2005	United States	[3]
2018	China	[3]

US$14 trillion economy

Year	Country	Source
2005	European Union	[3]
2007	United States	[3]
2019	China	[3]

US$15 trillion economy

Year	Country	Source
2006	European Union	[3]
2011	United States	[3]
2021	China	[4]

US$16 trillion economy

Year	Country	Source
2007	European Union	[3]
2012	United States	[3]
2021	China	[4]

US$17 trillion economy

Year	Country	Source
2007	European Union	[3]
2014	United States	[3]
2021	China	[3]

US$18 trillion economy

Year	Country	Source
2008	European Union	[3]
2015	United States	[3]

US$19 trillion economy

Year	Country	Source
2008	European Union	[3]
2018	United States	[3]

US$20 trillion economy

Year	Country	Source
2018	United States	[3]

US$21 trillion – US$30 trillion

US$21 trillion economy

Year	Country	Source
2019	United States	[3]

US$22 trillion economy

Year	Country	Source
2021	United States	[3]

US$23 trillion economy

Year	Country	Source
2021	United States	[8]

US$24 trillion economy

Year	Country	Source
2022	United States	[9]

US$25 trillion economy

Year	Country	Source
2022	United States	[10]

See also

• List of countries by GDP (nominal)
• List of countries by GDP (PPP)

References

1. Welcome to the Trillion Dollar Club - Forbes.com 26 April 2007
2. Indian joins the Trillion Dollar Club - The Hindu 27 April 2007
3. "World Bank". Data.worldbank.org. Retrieved 6 May 2019.
4. "Report for Selected Countries and Subjects". IMF.org. Retrieved 3 March 2022.
5. "Saudi GDP Exceeds $1 Tln, Shows Kingdom's Economy Is on Right Track".
6. "April 2023".
7. "GDP from 2020 through 2024, April 2021 estimate | World Economic Outlook Database".
8. "Gross Domestic Product, Fourth Quarter and Year 2022 (Second Estimate) | U.S. Bureau of Economic Analysis (BEA)". www.bea.gov. Retrieved 25 April 2023.
9. "Gross Domestic Product, Fourth Quarter and Year 2022 (Second Estimate) | U.S. Bureau of Economic Analysis (BEA)". www.bea.gov. Retrieved 25 April 2023.
10. "Gross Domestic Product, Fourth Quarter and Year 2022 (Second Estimate) | U.S. Bureau of Economic Analysis (BEA)". www.bea.gov. Retrieved 25 April 2023.