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 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 the rapid rise and fall in relative terms of the economies of other countries while the share of the United States has also fluctuated.

Overview of the ten largest economies

By average values of GDP (nominal)

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
2020  United States
20,936.600
 China
14,772.731
 Japan
5,064.873
 Germany
3,806.060
 United Kingdom
2,707.744
 India
2,622.984
 France
2,603.004
 Italy
1,886.445
 Canada
1,643.408
 South Korea
1,630.525
2015  United States
18,036.650
 China
11,226.186
 Japan
4,382.420
 Germany
3,365.293
 United Kingdom
2,863.304
 France
2,420.163
 India
2,088.155
 Italy
1,825.820
 Brazil
1,801.482
 Canada
1,552.808
2010  United States
14,964.401
 China
5,812.464
 Japan
5,793.455
 Germany
3,309.668
 France
2,560.002
 United Kingdom
2,246.079
 Brazil
2,087.889
 Italy
2,051.412
 India
1,729.010
 Russia
1,638.463
2005  United States
13,093.700
 Japan
4,755.980
 Germany
2,866.308
 United Kingdom
2,511.165
 China
2,308.786
 France
2,207.450
 Italy
1,855.834
 Canada
1,169.467
 Spain
1,159.257
 South Korea
898.137
2000  United States
10,284.750
 Japan
4,887.301
 Germany
1,955.673
 United Kingdom
1,442.316
 France
1,327.964
 China
1,214.912
 Italy
1,145.109
 Canada
742.319
 Mexico
683.650
 Brazil
655.454
1995  Japan
6,119.000
 United States
6,115.729
 Germany
2,594.371
 France
1,611.198
 United Kingdom
1,320.618
 Italy
1,171.510
 Brazil
786.479
 China
736.870
 Spain
612.413
 Canada
604.034
1990  United States
5,279.592
 Japan
3,133.547
 Soviet Union
2‚659.500
 West Germany
1,592.710
 France
1,278.666
 Italy
1,177.063
 United Kingdom
1,093.997
 Mexico
534.177
 Brazil
533.945
 Canada
533.920
1985  United States
4,346.717
 Soviet Union
2‚200.000
 Japan
1,401.006
 West Germany
658.784
 France
559.846
 United Kingdom
534.244
 Italy
458.982
 Canada
364.771
 China
312.616
 India
237.618
1980  United States
2,862.492
 Soviet Union
1,212.000
 Japan
1,099.695
 West Germany
919.609
 France
691.138
 United Kingdom
536.369
 Italy
459.829
 Canada
268.893
 Brazil
235.024
 China
226.003
1975  United States
1,688.900
 Soviet Union
686.000
 Japan
512.861
 West Germany
474.790
 France
355.608
 United Kingdom
236.414
 Italy
219.392
 Canada
173.487
 China
160.751
 Brazil
115.880
1970  United States
1,075.900
 Soviet Union
433.400
 Japan
209.071
 West Germany
208.868
 France
146.438
 United Kingdom
124.800
 Italy
109.257
 China
91.273
 Canada
87.734
 India
62.494
1965  United States
712.082
 Soviet Union
367.400
 West Germany
124.625
 France
102.161
 United Kingdom
100.596
 Japan
90.950
 China
69.709
 Italy
67.978
 India
60.599
 Canada
53.910
1960  United States
520.531
 Soviet Union
142.400
 West Germany
92.172
 United Kingdom
72.328
 France
61.552
 China
61.378
 Japan
44.307
 Canada
41.093
 Italy
40.385
 India
36.604

By average values of GDP (PPP)

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)[5][6][7][8][9]
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  United States
14,964.400
 China
12,405.881
 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)

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

Main GDP countries

The United States Department of Agriculture has calculated the share of every country to global real GDP from 1969 to 2010.[10]

European Union

It currently produces 17% of global GDP (nominal) and 14.5% of global GDP (PPP) in 2023.

United States

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.[11]

China

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 between the year 1 until the late 19th century.[11]

India

In the year 1CE India accounted for 32% of the world's GDP (its highest point). The gross domestic product of India in 1500 was estimated at 24.4% of the world's economy, 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 and would only gradually rise 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

  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

  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. ^ "IMF historical GDP (PPP) Data (October 2014)". Imf.org. 2015-10-06. Retrieved 2015-10-08.
  6. ^ "GDP, PPP; Table". Data.worldbank.org. 2014-12-16. Retrieved 2014-12-18.
  7. ^ "Welcome to World Bank Intranet" (PDF).
  8. ^ "Report for Selected Countries and Subjects". www.imf.org.
  9. ^ Elliott, Larry (January 6, 2011). "GDP projections from PwC: how China, India and Brazil will overtake the West by 2050". the Guardian.
  10. ^ ""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.
  11. ^ a b Azar Gat (2008). War in Human Civilization. Oxford University Press. p. 517. ISBN 978-0-19-923663-3.
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