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Largest economies in the world by PPP GDP in 2022
according to International Monetary Fund estimates[1]
GDP (PPP) by country in 2022 according to the IMF
GDP (PPP) by country in 2022 according to the IMF

GDP (PPP) means gross domestic product based on purchasing power parity. This article includes a list of countries by their forecast estimated GDP (PPP).[2] Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official exchange rates. The data given on this page are based on the international dollar, a standardized unit used by economists. Certain regions that are not widely considered countries such as the European Union and Hong Kong also show up in the list if they are distinct jurisdiction areas or economic entities.

GDP comparisons using PPP are arguably more useful than those using nominal GDP when assessing the domestic market of a state because PPP takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates, which may distort the real differences in per capita income.[3] It is however limited when measuring financial flows between countries and when comparing the quality of same goods among countries.[4] PPP is often used to gauge global poverty thresholds and is used by the United Nations in constructing the human development index.[3] These surveys such as the International Comparison Program include both tradable and non-tradable goods in an attempt to estimate a representative basket of all goods.[3]

The first table includes estimates for the year 2020 made for each economy of the 194 countries and areas (including Hong Kong and Taiwan) covered by the International Monetary Fund (IMF)'s International Financial Statistics (IFS) database. The data is in millions of international dollars and was calculated and published by the IMF in April 2020. The second table includes data, mostly for the year 2018, for 180 of the 193 current United Nations member states as well as Hong Kong and Macau (the two Chinese Special Administrative Regions). Data are in millions of international dollars; they were compiled by the World Bank. The third table is a tabulation of the CIA World Factbook GDP (PPP) data update of 2019. The data for GDP at purchasing power parity has also been rebased using the new International Comparison Program price surveys and extrapolated to 2007. Non-sovereign entities (the world, continents, and some dependent territories) and states with limited recognition (such as Kosovo, Palestine and Taiwan) are included in the list in cases in which they appear in the sources. These economies are not ranked in the charts here, but are listed in sequence by GDP for comparison. In addition, non-sovereign entities are marked in italics.

The European Union shares a common market with Iceland, Liechtenstein, Switzerland, and Norway in the European Single Market, which guarantees the free movement of goods, capital, services, and labour (the "four freedoms") between its member states. The Union is also involved in international trade negotiations – and might also appear in some lists. Depending on the methodology, the EU could be inserted above or below the United States. For instance, the World Bank estimates the European Union's GDP (PPP) as $20.78 trillion in 2019.

Table

The table is initially ranked by the average of the available estimates for each country or territory, and can be reranked by either of the sources.

The links in the "Country/Territory" row of the following table link to the article on the GDP or the economy of the respective country or territory.

GDP (PPP, US$ million) by country or territory
Country (or territory) Region IMF[1][5] World Bank[6] CIA[7][8][9]
Estimate Year Estimate Year Estimate Year
 World 161,449,514 2022 146,714,372 2021 127,800,000 2017
 China Asia 30,074,380 [n 1]2022 27,312,548 [n 2]2021 23,009,780 [n 1]2020
 United States Americas 25,035,164 2022 22,996,100 2021 19,846,720 2020
 European Union[n 3] Europe 24,048,856 2022 21,648,464 2021 19,885,625 2019
 India Asia 11,665,486 2022 10,218,573 2021 8,443,360 2020
 Japan Asia 6,109,961 2022 5,396,819 2021 5,224,850 2019
 Germany Europe 5,316,933 2022 4,815,479 2021 4,238,800 2020
 Russia Europe 4,649,674 2022 4,785,445 2021 3,875,690 2020
 Indonesia Asia 4,023,501 2022 3,566,265 2021 3,130,470 2020
 Brazil Americas 3,782,763 2022 3,435,882 2021 2,989,430 2020
 United Kingdom Europe 3,776,044 2022 3,344,468 2021 2,797,980 2020
 France Europe 3,688,323 2022 3,424,152 2021 2,832,170 2020
 Turkey Asia 3,320,994 2022 2,591,455 2021 2,393,960 2020
 Italy Europe 3,022,162 2022 2,713,266 2021 2,322,140 2020
 Mexico Americas 2,919,875 2022 2,609,993 2021 2,306,320 2020
 South Korea Asia 2,765,834 2022 2,427,791 2021 2,187,800 2020
 Canada Americas 2,240,390 2022 1,992,050 2021 1,742,790 2020
 Spain Europe 2,215,992 2022 1,929,759 2021 1,714,860 2020
 Saudi Arabia Asia 2,018,260 2022 1,751,178 2021 1,543,240 2020
 Egypt Africa 1,661,955 2022 1,388,329 2021 1,223,040 2020
 Taiwan Asia 1,621,702 2022 1,143,277 2019
 Australia Oceania 1,615,286 2022 1,436,442 2021 1,250,900 2020
 Iran Asia 1,599,249 2022 1,326,346 2020 1,044,310 2020
 Poland Europe 1,599,020 2022 1,416,885 2021 1,223,460 2020
 Pakistan Asia 1,512,476 2022 1,323,645 2021 1,021,130 2020
 Thailand Asia 1,479,644 2022 1,343,720 2021 1,206,620 2020
 Bangladesh Asia 1,345,646 2022 1,099,767 2021 793,490 2020
 Vietnam Asia 1,299,690 2022 1,134,151 2021 798,210 2020
 Nigeria Africa 1,275,297 2022 1,154,070 2021 1,013,530 2020
 Netherlands Europe 1,226,656 2022 1,118,051 2021 945,480 2020
 Argentina Americas 1,207,228 2022 1,082,341 2021 893,310 2020
 Philippines Asia 1,154,875 2022 1,012,714 2021 871,560 2020
 Malaysia Asia 1,096,507 2022 970,742 2021 855,600 2020
 Colombia Americas 964,743 2022 866,076 2021 683,940 2020
 South Africa Africa 949,846 2022 865,816 2021 680,040 2020
 United Arab Emirates Asia 814,733 2022 660,343 2020 655,790 2019
 Switzerland Europe 737,838 2022 672,544 2021 590,710 2020
 Romania Europe 731,466 2022 676,944 2021 556,070 2020
 Belgium Europe 723,090 2022 682,885 2021 557,110 2020
 Singapore Asia 700,980 2022 635,267 2021 531,040 2020
 Sweden Europe 684,458 2022 617,907 2021 524,750 2020
 Ireland Europe 666,309 2022 535,284 2021 447,970 2020
 Algeria Africa 600,668 2022 537,072 2021 468,400 2020
 Austria Europe 599,470 2022 523,293 2021 463,120 2020
 Kazakhstan Asia 596,666 2022 543,474 2021 475,180 2020
 Ukraine Europe 588,448 [n 4]2021 588,384 [n 4]2021 516,680 [n 4]2020
 Chile Americas 575,516 2022 559,158 2021 445,880 2020
 Iraq Asia 524,210 2022 428,634 2021 372,270 2020
 Peru Americas 521,841 2022 463,538 2021 371,290 2020
 Hong Kong Asia 518,743 2022 489,061 2021 420,130 2020
 Czech Republic Europe 514,732 2022 473,744 2021 409,970 2020
 Israel Asia 496,841 2022 409,409 2021 353,390 2020
 Portugal Europe 432,063 2022 369,627 2021 331,640 2020
 Norway Europe 425,612 2022 428,346 2021 342,060 2020
 Denmark Europe 411,039 2022 378,645 2021 326,200 2020
 Hungary Europe 409,834 2022 356,863 2021 302,320 2020
 Greece Europe 387,801 2022 333,749 2021 292,400 2020
 Morocco Africa 359,671 2022 309,101 2021 259,420 [n 5]2020
 Ethiopia Africa 347,847 2022 306,447 2021 264,050 2020
 Uzbekistan Asia 334,318 2022 296,689 2021 239,420 2020
 Finland Europe 324,829 2022 304,830 2021 261,390 2020
 Sri Lanka Asia 318,690 2022 313,002 2021 274,800 2020
 Kenya Africa 311,753 2022 276,221 2021 226,940 2020
 Qatar Asia 303,596 2022 274,067 2021 245,660 2020
 New Zealand Oceania 261,039 2022 237,789 2021 215,600 2020
 Myanmar Asia 260,274 2022 238,129 2021 247,240 [n 6]2020
 Dominican Republic Americas 256,446 2022 227,500 2021 184,450 2020
 Kuwait Asia 248,113 2022 202,011 2020 209,740 2019
 Angola Africa 245,442 2022 223,319 2021 203,710 2020
 Ecuador Americas 229,815 2022 208,601 2021 182,240 2020
 Ghana Africa 217,525 2022 196,050 2021 164,840 2020
 Slovakia Europe 211,118 2022 179,815 2021 165,570 2020
 Sudan Africa 207,713 2022 189,393 2021 176,400 2020
 Tanzania Africa 207,550 2022 175,035 2021 152,790 2020
 Belarus Europe 201,967 2022 202,672 2021 179,970 2020
 Bulgaria Europe 198,349 2022 184,244 2021 155,060 2020
 Venezuela Americas 191,329 2022 506,339 2011 269,068 2018
 Oman Asia 190,475 2022 158,907 2020 135,790 2019
 Guatemala Americas 185,849 2022 167,149 2021 141,500 2020
 Ivory Coast Africa 181,533 2022 160,692 2021 136,480 2020
 Azerbaijan Asia 178,679 2022 160,730 2021 138,510 2020
 Serbia Europe 164,835 2022 146,685 2021 125,800 2020
 Panama Americas 159,863 2022 138,809 2021 109,520 2020
 Tunisia Africa 151,495 2022 138,392 2021 114,970 2020
 Croatia Europe 150,433 2022 131,788 2021 107,110 2020
 Nepal Asia 141,161 2022 126,440 2021 110,720 2020
 Cuba Americas 137,000 2017
 Puerto Rico Americas 135,277 2022 112,668 2020 106,820 2020
 Uganda Africa 132,010 2022 112,991 2021 99,610 2020
 Lithuania Europe 130,670 2022 119,263 2021 102,660 2020
 Costa Rica Americas 129,950 2022 120,188 2021 100,250 2020
 DR Congo Africa 128,535 2022 112,587 2021 96,030 2020
 Libya Africa 128,389 2022 162,528 2021 70,650 2020
 Jordan Asia 123,351 2022 112,466 2021 100,160 2020
 Cameroon Africa 123,341 2022 110,652 2021 94,940 2020
 Bolivia Americas 118,802 2022 106,856 2021 92,590 2020
 Turkmenistan Asia 117,787 2022 96,228 2019 92,330 2019
 Paraguay Americas 108,290 2022 100,901 2021 87,980 2020
 Slovenia Europe 105,450 2022 91,917 2021 76,750 2020
 Uruguay Americas 96,810 2022 85,823 2021 75,060 2020
 Luxembourg Europe 91,107 2022 86,117 2021 69,720 2020
 Cambodia Asia 89,289 2022 79,360 2021 70,080 2020
 Bahrain Asia 87,905 2022 79,392 2021 69,650 2020
 Lebanon Asia 72,370 2021 79,510 2020
 Afghanistan Asia 80,912 2020 77,040 2020
 Zambia Africa 76,325 2022 68,566 2021 60,120 2020
 Georgia Europe 73,579 [n 7]2022 63,036 [n 7]2021 52,330 [n 7]2020
 Senegal Africa 72,703 2022 64,807 2021 55,260 2020
 Latvia Europe 72,033 2022 64,910 2021 56,920 2020
 Honduras Americas 69,684 2022 62,920 2021 50,890 2020
 El Salvador Americas 69,285 2022 63,026 2021 52,260 2020
 Laos Asia 68,573 2022 64,009 2021 56,790 2020
 Yemen Asia 67,454 2022 92,756 2013 73,630 2017
 Bosnia and Herzegovina Europe 62,165 2022 54,978 2021 47,050 2020
 Estonia Europe 61,389 2022 56,083 2021 47,440 2020
 Burkina Faso Africa 58,812 2022 54,978 2021 45,160 2020
 Mali Africa 56,051 2022 51,041 2021 44,890 2020
 Benin Africa 53,699 2022 47,180 2021 40,290 2020
 Madagascar Africa 51,849 2022 46,491 2021 41,820 2020
 Albania Europe 51,189 2022 43,991 2021 37,730 2020
 Syria Asia 50,280 2015
 Armenia Asia 49,767 2022 43,424 2021 37,310 2020
 Mozambique Africa 48,040 2022 43,172 2021 38,420 2020
 Nicaragua Americas 47,273 2022 42,437 2021 34,980 2020
 Tajikistan Asia 47,241 2022 41,810 2021 34,880 2020
 Mongolia Asia 47,115 2022 42,824 2021 37,600 2020
 Botswana Africa 47,046 2022 42,200 2021 37,720 2020
 Cyprus Europe 44,762 [n 8]2022 38,301 [n 8]2021 33,670 [n 8]2020
 Guinea Africa 43,922 2022 38,853 2021 35,080 2020
 Trinidad and Tobago Americas 42,136 2022 37,706 2021 33,210 2020
 Moldova Europe 41,882 [n 9]2022 40,249 [n 9]2021 32,260 [n 9]2020
 North Macedonia Europe 40,927 2022 37,002 2021 33,020 2020
 Zimbabwe Africa 40,408 2022 36,892 2021 40,790 2020
 Macau Asia 40,369 2022 48,591 2021 35,580 2020
 North Korea Asia 40,000 2015
 Kyrgyzstan Asia 39,214 2022 35,398 2021 31,020 2020
 Gabon Africa 39,093 2022 35,544 2021 32,050 2020
 Papua New Guinea Oceania 39,083 2022 40,537 2021 36,690 2020
 Haiti Americas 38,198 2022 36,096 2021 31,620 2020
 Niger Africa 37,648 2022 32,917 2021 28,970 2020
 Rwanda Africa 37,586 2022 33,112 2021 27,180 2020
 Malawi Africa 35,078 2022 32,582 2021 28,440 2020
 Palestine Asia 33,996 [n 10]2022 30,518 [n 10]2021 25,910 [n 11]2020
 Guyana Americas 33,761 2022 19,358 2021 14,690 2020
 Jamaica Americas 32,818 2022 29,812 2021 25,890 2020
 Mauritius Africa 32,013 2022 28,157 2021 24,640 2020
 Brunei Asia 31,904 2022 29,415 2021 27,230 2020
 Mauritania Africa 30,013 2022 26,702 2021 23,170 2020
 Chad Africa 29,927 2022 26,904 2021 24,970 2020
 Malta Europe 29,367 2022 24,662 2021 20,600 2020
 Equatorial Guinea Africa 29,117 2022 26,282 2021 23,860 2020
 Namibia Africa 28,021 2022 25,369 2021 22,600 2020
 Kosovo Europe 25,362 2022 22,978 2021 19,130 2020
 Iceland Europe 24,888 2022 21,461 2021 19,160 2020
 Congo Africa 23,031 2022 20,461 2021 19,030 2020
 Togo Africa 22,781 2022 20,180 2021 17,450 2020
 Somalia Africa 20,642 2022 21,307 2021 13,190 2020
 Sierra Leone Africa 16,386 2022 14,786 2021 13,150 2020
 Montenegro Europe 16,195 2022 14,137 2021 11,360 2020
 Bahamas Americas 15,661 2022 13,538 2021 12,100 2020
 South Sudan Africa 13,633 2022 13,231 2015 20,010 2017
 Eswatini Africa 12,725 2022 11,508 2021 9,740 2020
 Fiji Oceania 12,685 2022 10,889 2021 9,860 2020
 Maldives Asia 12,071 2022 9,911 2021 7,050 2020
 New Caledonia Oceania 11,110 2017
 Burundi Africa 10,898 2022 9,721 2021 8,690 2020
 Suriname Americas 10,707 2022 9,869 2021 9,460 2020
 Bhutan Asia 9,937 2022 8,588 2020 8,420 2020
 Liberia Africa 8,841 2022 8,044 2021 6,850 2020
 Monaco Europe 7,672 2015
 Eritrea Africa 7,611 2022 5,224 2011 9,702 2017
 Isle of Man Europe 6,792 2015
 Gambia Africa 6,776 2022 6,053 2021 5,220 2020
 Djibouti Africa 6,619 2022 5,939 2021 5,420 2020
 Lesotho Africa 6,395 2022 5,791 2021 4,880 2020
 Guam Oceania 5,793 2016
 Jersey Europe 5,569 2016
 French Polynesia Oceania 5,490 2017
 Central African Republic Africa 5,460 2022 5,021 2021 4,483 2019
 Bermuda Americas 5,441 2021 5,230 2019
 Guinea-Bissau Africa 5,406 2022 4,146 2021 3,640 2020
 East Timor Asia 5,347 2022 5,937 2021 4,190 2020
 Andorra Europe 5,301 2022 3,327 2015
 Aruba Americas 5,066 2022 3,329 2020 4,158 2017
 Barbados Americas 5,010 2022 4,263 2021 3,700 2020
 Cayman Islands Americas 4,763 2020 4,780 2019
 Liechtenstein Europe 4,978 2014
 Cape Verde Africa 4,823 [n 12]2022 3,949 [n 12]2021 3,360 [n 12]2020
 Belize Americas 4,224 2022 2,803 2021 2,430 2020
 Curaçao Americas 3,205 2020 3,860 2019
 U.S. Virgin Islands Americas 3,872 2016
 Seychelles Africa 3,725 2022 2,960 2021 2,400 2020
 Guernsey Europe 3,465 2015
 Comoros Africa 3,214 2022 2,918 2021 2,730 2020
 Saint Lucia Americas 3,008 2022 2,591 2021 2,250 2020
 San Marino Europe 2,452 2022 2,022 2020 2,060 2019
 Greenland Americas 2,413 2015
 Antigua and Barbuda Americas 2,224 2022 1,959 2021 1,760 2020
 Grenada Americas 2,098 2022 1,885 2021 1,700 2020
 Gibraltar Europe 2,044 2014
 Faroe Islands Europe 2,001 2014
 Saint Vincent and the Grenadines Americas 1,751 2022 1,560 2021 1,340 2020
 Solomon Islands Oceania 1,671 2022 1,870 2021 1,710 2020
 Saint Kitts and Nevis Americas 1,619 2022 1,406 2021 1,240 2020
 Sint Maarten (Dutch part) Americas 1,471 2018 1,440 2018
 Northern Mariana Islands Oceania 1,242 2016
 Samoa Oceania 1,183 2022 1,285 2021 1,250 2020
 São Tomé and Príncipe Africa 1,069 2022 993 2021 890 2020
 Dominica Americas 966 2022 864 2021 710 2020
 Vanuatu Oceania 922 2022 976 2021 850 2020
 Turks and Caicos Islands Americas 918 2021 820 2020
 Tonga Oceania 666 2022 708 2020 670 2019
 American Samoa Oceania 658 2016
 Saint Martin (French part) Americas 562 2005
 British Virgin Islands Americas 500 2017
 Micronesia Oceania 386 2022 412.03 2021 390 2019
 Cook Islands Oceania 300 2016
 Kiribati Oceania 268 2022 259 2020 270 2020
 Saint Pierre and Miquelon Americas 261 2015
 Marshall Islands Oceania 245 2022 249 2021 240 2019
 Palau Oceania 236 2022 295 2020 320 2019
 Falkland Islands Americas 206 2015
 Anguilla Americas 175 2009
 Montserrat Americas 167 2011
 Nauru Oceania 145 2022 164 2021 150 2019
 Tuvalu Oceania 63 2022 61 2021 50 2020
 Wallis and Futuna Oceania 60 2004
 Saint Helena, Ascension and Tristan da Cunha Africa 31 2009
 Niue Oceania 10 2003
 Tokelau Oceania 8 2017


See also

Notes

  1. ^ a b IMF and CIA figures exclude Taiwan and the special administrative regions of Hong Kong and Macau.
  2. ^ World Bank figures exclude the special administrative regions of Hong Kong and Macau.
  3. ^ The EU is included because it is much more than a free-trade association like ASEAN, NAFTA, or Mercosur. -- See: "The World Factbook". CIA. 2014. Archived from the original on 11 June 2020. Retrieved 17 November 2022. Although the EU is not a federation in the strict sense, it is far more than a free-trade association such as ASEAN, NAFTA, or Mercosur, and it has certain attributes associated with independent nations: its own flag, currency (for some members), and law-making abilities, as well as diplomatic representation and a common foreign and security policy in its dealings with external partners. Thus, inclusion of basic intelligence on the EU has been deemed appropriate as a new, separate entity in The World Factbook. -- However, because the EU is an organization and not a sovereign state or autonomous territory, it does not receive a ranking in this list.
  4. ^ a b c Figures exclude the Republic of Crimea and Sevastopol.
  5. ^ Includes Western Sahara.
  6. ^ Referred to as "Burma".
  7. ^ a b c Excludes data for Abkhazia and South Ossetia.
  8. ^ a b c Data is for the area controlled by the Government of the Republic of Cyprus.
  9. ^ a b c Excludes data for Transnistria.
  10. ^ a b Referred to as "West Bank and Gaza" in the IMF and World Bank reports.
  11. ^ CIA registers 2 separate entries for Palestine: "West Bank" and "Gaza Strip". Figures for West Bank include the Gaza Strip -- see "The World Factbook - West Bank". CIA.gov. 29 November 2022.
  12. ^ a b c Referred to as "Cabo Verde".

References

  1. ^ a b "World Economic Outlook Database, October 2022 Edition". IMF.org. International Monetary Fund. Retrieved 12 October 2022.
  2. ^ "What is GDP and why is it so important?". Investopedia. IAC/InterActiveCorp. 26 February 2009. Retrieved 26 July 2016.
  3. ^ a b c "Part 4. Applications and Limitations of ICP Data" (PDF). Retrieved 20 May 2014.
  4. ^ PPP Versus the Market: Which Weight Matters?, imf.org, March 2007, Volume 44, Number 1
  5. ^ "WEO Database, October 2022. Report for Selected Countries and Subjects: World, European Union". IMF.org. International Monetary Fund. 11 October 2022. Retrieved 17 November 2022.
  6. ^ "GDP, PPP (current international $)". data.worldbank.org. Retrieved 9 November 2022.
  7. ^ "Real GDP (purchasing power parity)". Central Intelligence Agency. Retrieved 9 November 2022.((cite web)): CS1 maint: url-status (link)
  8. ^ "The World Factbook - World". CIA.gov. Retrieved 9 November 2022.
  9. ^ "The World Factbook - European Union". CIA.gov. Retrieved 17 November 2022.