Total GDP: $109.02 Tn

Top 5 GDP by Country

$18.53 Tn

$4.59 Tn

$4.11 Tn

$3.94 Tn

Total GDP: $109.02 Tn

United States

China

Germany

Japan

India

United Kingdom

France

Brazil

Italy

Canada

Rest

212 countries

Country
Rank
GDP (IMF '24)
GDP (UN '22)
GDP Per Capita
Population
United States1$28.78 Tn$25.74 Tn$82,877347,276,000
China2$18.53 Tn$17.96 Tn$13,0871,416,100,000
Germany3$4.59 Tn$4.08 Tn$54,60784,075,100
Japan4$4.11 Tn$4.23 Tn$33,390123,103,000
India5$3.94 Tn$3.47 Tn$2,6891,463,870,000
United Kingdom6$3.50 Tn$3.09 Tn$50,25469,551,300
France7$3.13 Tn$2.78 Tn$46,96166,650,800
Brazil8$2.33 Tn$1.92 Tn$10,955212,812,000
Italy9$2.33 Tn$2.05 Tn$39,36159,146,300
Canada10$2.24 Tn$2.14 Tn$55,87840,126,700
Russia11$2.06 Tn$2.24 Tn$14,284143,997,000
Mexico12$2.02 Tn$1.46 Tn$15,287131,947,000
Australia13$1.79 Tn$1.78 Tn$66,37326,974,000
South Korea14$1.76 Tn$1.67 Tn$34,08351,667,000
Spain15$1.65 Tn$1.42 Tn$34,39447,890,000
Indonesia16$1.48 Tn$1.32 Tn$5,165285,721,000
Netherlands17$1.14 Tn$1.01 Tn$62,27318,346,800
Turkey18$1.11 Tn$907.12 Bn$12,69987,685,400
Saudi Arabia19$1.11 Tn$1.11 Tn$31,99734,566,300
Switzerland20$938.46 Bn$818.43 Bn$104,6528,967,410
Poland21$844.62 Bn$688.13 Bn$22,14538,140,900
Taiwan22$802.96 Bn$0$34,74123,112,800
Belgium23$655.19 Bn$582.64 Bn$55,72011,758,600
Sweden24$623.05 Bn$591.19 Bn$58,46610,656,600
Argentina25$604.26 Bn$631.13 Bn$13,17945,851,400
Ireland26$564.02 Bn$532.42 Bn$106,2585,308,040
Thailand27$548.89 Bn$495.34 Bn$7,66471,619,900
Austria28$540.89 Bn$470.30 Bn$59,3509,113,570
Israel29$530.66 Bn$525.00 Bn$55,7599,517,180
United Arab Emirates30$527.80 Bn$507.06 Bn$46,51811,346,000
Norway31$526.95 Bn$579.42 Bn$93,7125,623,070
Singapore32$525.23 Bn$466.79 Bn$89,4655,870,750
Philippines33$471.52 Bn$404.28 Bn$4,037116,787,000
Vietnam34$465.81 Bn$408.80 Bn$4,585101,599,000
Iran35$464.18 Bn$398.05 Bn$5,02392,417,700
Bangladesh36$455.16 Bn$432.68 Bn$2,591175,687,000
Malaysia37$445.52 Bn$406.31 Bn$12,38335,977,800
Denmark38$409.99 Bn$400.17 Bn$68,3036,002,510
Hong Kong39$406.77 Bn$359.84 Bn$54,9997,396,080
Colombia40$386.08 Bn$343.94 Bn$7,22653,425,600
South Africa41$373.23 Bn$405.27 Bn$5,76464,747,300
Romania42$369.97 Bn$300.69 Bn$19,56618,908,600
Egypt43$347.59 Bn$409.31 Bn$2,937118,366,000
Chile44$333.76 Bn$300.69 Bn$16,80619,859,900
Czech Republic45$325.88 Bn$290.53 Bn$30,71710,609,200
Finland46$308.06 Bn$282.51 Bn$54,7825,623,330
Portugal47$298.95 Bn$254.85 Bn$28,71310,411,800
Kazakhstan48$296.74 Bn$225.50 Bn$14,23620,843,800
Peru49$282.46 Bn$242.63 Bn$8,16934,576,700
Algeria50$266.78 Bn$191.91 Bn$5,62447,435,300
Iraq51$265.89 Bn$264.18 Bn$5,65547,020,800
New Zealand52$257.63 Bn$245.84 Bn$49,0545,251,900
Nigeria53$252.74 Bn$475.06 Bn$1,064237,528,000
Greece54$250.28 Bn$217.29 Bn$25,1829,938,840
Qatar55$244.69 Bn$237.10 Bn$78,5283,115,890
Hungary56$223.41 Bn$177.34 Bn$23,1949,632,290
Ethiopia57$205.13 Bn$118.97 Bn$1,514135,472,000
Ukraine58$188.94 Bn$160.50 Bn$4,84738,980,400
Kuwait59$160.40 Bn$175.36 Bn$31,9135,026,080
Morocco60$152.38 Bn$130.91 Bn$3,96538,430,800
Slovakia61$140.81 Bn$115.31 Bn$25,7195,474,880
Dominican Republic62$127.36 Bn$113.54 Bn$11,05511,520,500
Ecuador63$121.59 Bn$115.05 Bn$6,64818,289,900
Puerto Rico64$117.76 Bn$113.44 Bn$36,4003,235,290
Guatemala65$110.03 Bn$95.00 Bn$5,88818,687,900
Oman66$108.93 Bn$114.67 Bn$19,8245,494,690
Bulgaria67$107.93 Bn$90.21 Bn$16,0746,714,560
Kenya68$104.00 Bn$113.42 Bn$1,80857,532,500
Venezuela69$102.33 Bn$129.31 Bn$3,58828,516,900
Uzbekistan70$97.96 Bn$80.39 Bn$2,64437,053,400
Costa Rica71$96.06 Bn$68.38 Bn$18,6415,152,950
Angola72$92.12 Bn$113.31 Bn$2,36039,040,000
Luxembourg73$88.56 Bn$81.53 Bn$130,143680,453
Croatia74$88.08 Bn$71.55 Bn$22,8883,848,160
Panama75$87.35 Bn$76.52 Bn$19,1084,571,190
Ivory Coast76$86.91 Bn$70.02 Bn$2,65732,711,500
Uruguay77$82.61 Bn$71.17 Bn$24,4053,384,690
Turkmenistan78$81.90 Bn$67.01 Bn$10,7497,618,850
Serbia79$81.87 Bn$63.56 Bn$12,2406,689,040
Lithuania80$81.17 Bn$70.88 Bn$28,6812,830,140
Tanzania81$79.61 Bn$0$1,12870,545,900
Azerbaijan82$78.75 Bn$78.72 Bn$7,57410,397,700
Ghana83$75.24 Bn$73.77 Bn$2,14635,064,300
DR Congo84$73.76 Bn$62.55 Bn$654112,832,000
Slovenia85$72.10 Bn$59.98 Bn$34,0572,117,070
Belarus86$69.05 Bn$72.87 Bn$7,6748,997,600
Myanmar87$68.01 Bn$65.21 Bn$1,24054,850,600
Uganda88$56.31 Bn$48.24 Bn$1,09651,384,900
Tunisia89$54.71 Bn$46.18 Bn$4,43012,348,600
Macau90$54.68 Bn$24.04 Bn$75,729722,007
Jordan91$53.57 Bn$47.45 Bn$4,65011,520,700
Cameroon92$53.20 Bn$44.34 Bn$1,78129,879,300
Bolivia93$49.33 Bn$44.01 Bn$3,92112,581,800
Libya94$48.22 Bn$40.54 Bn$6,4657,458,560
Bahrain95$46.79 Bn$44.38 Bn$28,4731,643,330
Paraguay96$45.82 Bn$41.72 Bn$6,5337,013,080
Latvia97$45.47 Bn$40.88 Bn$24,5291,853,560
Cambodia98$45.15 Bn$29.50 Bn$2,53017,848,000
Nepal99$44.18 Bn$39.41 Bn$1,49229,618,100
Estonia100$43.49 Bn$38.05 Bn$32,3501,344,230
Honduras101$37.35 Bn$31.72 Bn$3,39411,005,800
Senegal102$35.45 Bn$27.78 Bn$1,87218,932,000
El Salvador103$35.33 Bn$32.49 Bn$5,5516,365,500
Zimbabwe104$34.41 Bn$26.42 Bn$2,03016,950,800
Cyprus105$34.22 Bn$29.21 Bn$24,9651,370,750
Iceland106$33.34 Bn$28.06 Bn$83,708398,266
Georgia107$32.87 Bn$24.61 Bn$8,6343,806,670
Papua New Guinea108$31.72 Bn$31.61 Bn$2,94710,762,800
Zambia109$29.87 Bn$29.14 Bn$1,36321,913,900
Bosnia and Herzegovina110$29.08 Bn$24.47 Bn$9,2603,140,100
Trinidad and Tobago111$28.36 Bn$30.05 Bn$18,7701,511,160
Sudan112$26.86 Bn$36.73 Bn$52051,662,100
Guinea113$25.45 Bn$20.85 Bn$1,68515,099,700
Albania114$25.43 Bn$18.92 Bn$9,1762,771,510
Armenia115$25.41 Bn$19.51 Bn$8,6062,952,360
Haiti116$24.05 Bn$18.75 Bn$2,02011,906,100
Mozambique117$22.98 Bn$18.41 Bn$64535,631,700
Malta118$22.74 Bn$18.10 Bn$41,688545,405
Mongolia119$21.94 Bn$17.15 Bn$6,2393,517,100
Burkina Faso120$21.90 Bn$19.18 Bn$91024,074,600
Mali121$21.66 Bn$18.83 Bn$86025,198,800
Botswana122$21.42 Bn$20.35 Bn$8,3592,562,120
Benin123$21.37 Bn$17.40 Bn$1,44314,814,500
Guyana124$21.18 Bn$14.72 Bn$25,333835,986
Gabon125$21.01 Bn$20.13 Bn$8,1032,593,130
Jamaica126$20.10 Bn$17.10 Bn$7,0842,837,080
Nicaragua127$18.83 Bn$15.67 Bn$2,6877,007,500
Niger128$18.82 Bn$15.41 Bn$67427,917,800
Chad129$18.70 Bn$16.80 Bn$89021,003,700
Moldova130$18.36 Bn$14.51 Bn$6,1272,996,110
Yemen131$16.94 Bn$11.01 Bn$40641,773,900
Madagascar132$16.46 Bn$14.96 Bn$50332,740,700
Mauritius133$16.36 Bn$12.90 Bn$12,8991,268,280
North Macedonia134$15.87 Bn$13.71 Bn$8,7511,813,790
Brunei135$15.51 Bn$16.68 Bn$33,260466,330
Republic of the Congo136$15.50 Bn$15.34 Bn$2,3906,484,440
Laos137$15.19 Bn$15.36 Bn$1,9297,873,050
Bahamas138$14.39 Bn$12.90 Bn$35,704403,033
Rwanda139$13.70 Bn$13.31 Bn$94014,569,300
Kyrgyzstan140$13.60 Bn$10.93 Bn$1,8647,295,030
Tajikistan141$12.95 Bn$10.49 Bn$1,20110,786,700
Somalia142$12.80 Bn$10.42 Bn$65119,654,700
Namibia143$12.77 Bn$12.61 Bn$4,1273,092,820
Malawi144$11.24 Bn$12.56 Bn$50622,216,100
Equatorial Guinea145$10.71 Bn$11.77 Bn$5,5241,938,430
Mauritania146$10.63 Bn$11.00 Bn$2,0005,315,060
Togo147$9.83 Bn$8.09 Bn$1,0119,721,610
Montenegro148$8.01 Bn$6.23 Bn$12,661632,729
Maldives149$7.20 Bn$6.17 Bn$13,591529,676
Barbados150$6.86 Bn$5.70 Bn$24,283282,623
South Sudan151$6.52 Bn$4.62 Bn$53512,188,800
Fiji152$5.80 Bn$4.98 Bn$6,217933,154
Eswatini153$5.08 Bn$4.33 Bn$4,0481,256,170
Liberia154$4.75 Bn$3.27 Bn$8295,731,210
Sierra Leone155$4.56 Bn$3.48 Bn$5178,819,790
Djibouti156$4.36 Bn$4.00 Bn$3,6861,184,080
Suriname157$4.34 Bn$3.62 Bn$6,778639,850
Aruba158$4.07 Bn$3.54 Bn$37,625108,147
Andorra159$3.90 Bn$3.38 Bn$47,00682,904
Belize160$3.30 Bn$2.83 Bn$7,793422,924
Bhutan161$3.11 Bn$2.90 Bn$3,904796,682
Burundi162$3.08 Bn$4.03 Bn$21414,390,000
Central African Republic163$2.81 Bn$2.40 Bn$5105,513,280
Cape Verde164$2.72 Bn$2.31 Bn$5,154527,326
Gambia165$2.69 Bn$2.23 Bn$9552,822,090
Saint Lucia166$2.58 Bn$2.17 Bn$14,333180,149
Lesotho167$2.40 Bn$2.29 Bn$1,0132,363,320
Seychelles168$2.20 Bn$1.99 Bn$16,591132,779
Guinea Bissau169$2.15 Bn$1.57 Bn$9562,249,520
Antigua and Barbuda170$2.13 Bn$1.77 Bn$22,57794,209
San Marino171$2.03 Bn$1.78 Bn$60,58633,572
Timor Leste172$1.99 Bn$3.20 Bn$1,4041,418,520
Solomon Islands173$1.71 Bn$1.60 Bn$2,035838,645
Comoros174$1.42 Bn$1.25 Bn$1,611882,847
Grenada175$1.41 Bn$1.19 Bn$11,986117,303
Vanuatu176$1.29 Bn$985.25 Mn$3,846335,169
Saint Kitts and Nevis177$1.13 Bn$979.22 Mn$24,16846,922
Saint Vincent and the Grenadines178$1.13 Bn$946.70 Mn$11,28999,924
Samoa179$1.02 Bn$857.26 Mn$4,669219,306
Sao Tome and Principe180$751.00 Mn$546.76 Mn$3,126240,254
Dominica181$708.00 Mn$612.05 Mn$10,74865,871
Tonga182$581.00 Mn$488.41 Mn$5,600103,742
Micronesia183$484.00 Mn$427.09 Mn$4,257113,683
Kiribati184$311.00 Mn$223.67 Mn$2,279136,488
Palau185$308.00 Mn$225.66 Mn$17,43817,663
Marshall Islands186$305.00 Mn$279.67 Mn$8,40636,282
Nauru187$161.00 Mn$147.95 Mn$13,38912,025
Tuvalu188$66.00 Mn$59.04 Mn$6,9539,492
Afghanistan189$0$14.18 Bn$32343,844,100
Bermuda190$0$7.55 Bn$116,89364,555
British Virgin Islands191$0$1.47 Bn$37,02939,732
Cayman Islands192$0$6.28 Bn$82,81675,844
Sri Lanka193$0$76.19 Bn$3,28023,229,500
Cook Islands194$0$289.75 Mn$21,84613,263
Cuba195$0$147.19 Bn$13,45810,937,200
Eritrea196$0$2.38 Bn$6613,607,000
French Polynesia197$0$5.81 Bn$20,585282,465
Palestine198$0$19.11 Bn$3,4195,589,620
Greenland199$0$2.93 Bn$52,49155,745
North Korea200$0$15.18 Bn$57126,571,000
Kosovo201$0$9.40 Bn$5,6131,674,120
Lebanon202$0$39.30 Bn$6,7195,849,420
Liechtenstein203$0$7.76 Bn$193,33040,128
Monaco204$0$8.77 Bn$228,79138,341
Montserrat205$0$72.26 Mn$16,5784,359
Curacao206$0$3.08 Bn$16,579185,487
Sint Maarten207$0$1.57 Bn$35,81243,923
New Caledonia208$0$9.62 Bn$32,585295,333
Pakistan209$0$326.80 Bn$1,280255,220,000
Anguilla210$0$452.90 Mn$30,75114,728
Syria211$0$18.60 Bn$72625,620,400
Turks and Caicos Islands212$0$1.14 Bn$24,30546,855

The Largest Economies in the World

The three largest economies in the world as measured by nominal GDP are the United States, China, and Japan. Economic growth and prosperity are impacted by a wide array of factors, namely investment in workforce education, production output (as determined by investment in physical capital), natural resources, and entrepreneurship. The economies of the U.S., China, and Japan all have a unique combination of these factors that have led to economic growth over time, as outlined below.


United States Flag 1. United States

Nominal GDP
$28.78 Tn
Per Capita GDP
$82,876.73
Natural Resources
Arable Land, Bauxite, Coal, Copper, Gold, Iron, Lead, Mercury, Molybdenum, Natural Gas, Nickel, Petroleum, Phosphates, Potash, Rare Earth Elements, Silver, Timber, Tungsten, Uranium, Zinc,

The United States has been the world’s largest economy since 1871. The nominal GDP for the United States is $21.44 trillion. The U.S. GDP (PPP) is also $21.44 trillion. Additionally, the United States is ranked second in the world for the approximate value of natural resources. In 2016, the U.S. had an estimated natural resource value of $45 trillion.

Several factors contribute to the U.S.’s powerful economy. The U.S. is known globally for cultivating a society that supports and encourages entrepreneurship, which encourages innovation and, in turn, leads to economic growth. The growing population in the U.S. has helped diversify the workforce. The U.S. is also one of the leading manufacturing industries in the world, coming only second to China. The U.S. dollar is also the most widely used currency for global transactions.

China Flag 2. China

Nominal GDP
$18.53 Tn
Per Capita GDP
$13,087.07
Natural Resources
Aluminum, Antimony, Arable Land, Arsenic, Bismuth, Cadmium, Cobalt, Coal, Ferrosilicon, Gallium, Germanium, Hafnium, Hydropower Potential (World's Largest), Indium, Iron Ore, Lead, Lithium, Magnesium, Magnetite, Manganese, Mercury, Molybdenum, Natural Gas, Petroleum, Rare Earth Elements, Selenium, Strontium, Tantalum, Tellurium, Tin, Titanium, Tungsten, Uranium, Vanadium, Zinc

As the second-largest economy in the world, China has seen an average growth rate of 9.52% between 1989 and 2019. China is the second-largest economy considering nominal GDP, at $14.14 trillion, and the largest using GDP (PPP), which is $27.31 trillion. China has approximately $23 trillion in natural resources, 90% of which are rare earth metals and coal.

China’s economic reform program of 1978 was a large success and resulted in the rise in average economic growth from 6% to over 9%. The reform program emphasized the creation of private and rural businesses, easing the state regulations on prices, and investment in workforce education and industrial output. Another driving force behind the growth of China’s economy is worker efficiency.

Germany Flag 3. Germany

Nominal GDP
$4.59 Tn
Per Capita GDP
$54,607.13
Natural Resources
Arable land, Coal, Construction materials, Copper, Iron ore, Lignite, Natural gas, Nickel, Potash, Salt, Timber, Uranium

The German economy is the third-largest in the world with a GDP of $4.59 trillion. Germany has a GDP (PPP) of $4.44 trillion and a per capita GDP of $46,560, the 18th–highest in the world. Germany’s highly developed social market economy is Europe’s largest and strongest economy and has one of the most skilled workforces. According to the International Monetary Fund, Germany accounted for 28% of the euro area economy.

Germany’s major industries are car manufacture, machinery, household equipment, and chemicals. Because of its dependency on capital good exports, the economy had a significant setback post-2008 financial crisis. The German economy is currently in the middle of its fourth industrial revolution due to the Internet and the digital age. Industry 4.0 is the term used for this transformation, which embraces solutions, processes, and technologies and describes the use of IT and a high degree of system networking in factories.

Japan Flag 4. Japan

Nominal GDP
$4.11 Tn
Per Capita GDP
$33,390.33
Natural Resources
Fish, Negligible mineral resources, Virtually no natural energy resources, almost totally dependent on imported sources of energy

Japan has the fourth-largest economy in the world with a GDP of $4.11 trillion. Japan’s GDP (PPP) is $5.75 trillion. Japan’s economy is market-driven so businesses, production, and prices shift according to consumer demand, not governmental action. While the 2008 financial crisis took a hit on the Japanese economy and has stunted its growth since then, it is expected that the 2020 Olympics will give it a boost.

The Japanese economy’s strength comes from its electronic goods industry, which is the largest in the world, and its automobile industry, which is the third-largest in the world. Going forward, the Japanese economy faces some large challenges such as a declining population and an ever-increasing debt that, as of 2017, is 236% of its GDP.

India Flag 5. India

Nominal GDP
$3.94 Tn
Per Capita GDP
$2,689.45
Natural Resources
Antimony, Arable land, Bauxite, Chromite, Coal (fourth-largest reserves in the world), Diamonds, Iron ore, Lead, Limestone, Manganese, Mica, Natural gas, Petroleum, Rare earth elements, Titanium ore

India’s economy is the fifth-largest in the world with a GDP of $3.94 trillion, overtaking the UK and France in 2019 to take the fifth spot. India’s GDP (PPP) is $10.51 trillion, exceeding that of Japan and Germany. Due to India’s high population, India’s GDP per capita is $2,170 (for comparison, the U.S. is $62,794). India’s real GDP growth, however, is expected to weaken for the third straight year from 7.5% to 5%.

India is developing into an open-market economy from its previous autarkic policies. India’s economic liberalization began in the early 1990s and included industrial deregulation, reduced control on foreign trade and investment, and privatization of state-owned enterprises. These measures have helped India accelerate economic growth. India’s service sector is the fast-growing sector in the world accounting for 60% of the economy and 28% of employment. Manufacturing and agriculture are two other significant sectors of the economy.

United Kingdom Flag 6. United Kingdom

Nominal GDP
$3.50 Tn
Per Capita GDP
$50,254.42
Natural Resources
Arable Land, Chalk, Clay, Coal, Gold, Gypsum, Iron Ore, Lead, Limestone, Natural Gas, Petroleum, Potash, Salt, Silica Sand, Slate, Tin, Zinc

The United Kingdom, which has a $2.83 trillion GDP, is the sixth-largest economy in the world. In terms of GDP purchasing power parity, the UK is in the ninth spot with a GDP (PPP) of The UK is ranked 23rd for GDP per capita which is $42,558. The UK is expected to fall to the seventh-largest economy by 2023 with a GDP of $3.27 trillion. In 2016, the UK was the tenth-largest exporter of goods in the world, exporting goods to 160 countries worldwide. In the 18th century, the United Kingdom was the first country to industrialize.

The service sector dominates the UK economy, contributing about 80% of GDP, particularly the financial services industry. London is the second-largest financial center in the world. Manufacturing and agriculture are the second- and third-largest sectors in the United Kingdom. Britain’s aerospace industry is the second-largest in the world and its pharmaceutical industry is the tenth-largest.

France Flag 7. France

Nominal GDP
$3.13 Tn
Per Capita GDP
$46,961.33
Natural Resources
Arable land, Bauxite, Coal, Feldspar, Fish, Fluorspar, Gypsum, Iron ore, Potash, Timber, Uranium, Zinc, Antimony, Arsenic,

France is the third-largest economy in Europe (behind Germany and the UK) and the seventh-largest economy in the world. France has a nominal GDP of $2.71 trillion. France’s GDP per capita is $42,877.56, the 19th highest in the world, and GDP (PPP) is $2.96 trillion. According to World Bank, France has unfortunately experienced high unemployment rates in recent years: a 10% unemployment rate was recorded for 2014, 2015, and 2016 and it declined to 9.681% in 2017.

France’s economy is a diversified free-market-oriented economy. The chemical industry is a key sector for France, as well as agriculture and tourism. France accounts for about one-third of all agricultural land in the European Union and is the sixth-largest agricultural producer and the second-largest agricultural exporter in the world, behind the United States. France is the most visited destination in the world. Additionally, France ranks 5th in the Fortune Global 500 behind the United States, China, Japan, and Germany with 28 of the 500 biggest companies.

Brazil Flag 8. Brazil

Nominal GDP
$2.33 Tn
Per Capita GDP
$10,955.16
Natural Resources
Alumina, Bauxite, Beryllium, Gold, Hydropower, Iron Ore, Manganese, Nickel, Niobium, Petroleum, Phosphates, Platinum, Rare Earth Elements, Tantalum, Timber, Tin, Uranium

Brazil has the ninth-largest economy in the world and the largest in Latin America with a nominal GDP of $1.85 trillion. Brazil is also the largest and most populous nation in Latin America. Brazil has the world’s 73rd highest per capita GDP of $8,967 and a GDP (PPP) of $2.40 trillion. The country has an estimated $21.8 trillion in natural resources, which includes vast amounts of timber, uranium, gold, and iron.

Brazil is a developing free-market economy. From 2000 to 2012, Brazil was one of the fastest-growing major economies in the world. Brazil, however, has one of the most unequal economies in the world. In 2017, the economic crisis, corruption, and lack of public policies increased the poverty rate and many became homeless. Six billionaires alone in Brazil are richer than more than 100 million of the poorest Brazilians.

Italy Flag 9. Italy

Nominal GDP
$2.33 Tn
Per Capita GDP
$39,360.53
Natural Resources
Antimony, Arable land, Asbestos, Barite, Coal, Feldspar, Fluorspar, Marble, Mercury, Natural gas and crude oil reserves, Potash, Pumice, Pyrite (sulfur), Zinc

With a nominal GDP of $1.99 trillion, Italy is the eighth-largest economy in the world. In terms of GDP (PPP) Italy’s economy is worth $2.40 trillion and its per capita GDP is $34,260.34. Italy’s economy is expected to expand to $2.26 trillion by 2023. Unfortunately, Italy is experiencing a relatively high unemployment rate of 9.7% and a debt at 132% of GDP.

Fortunately, Italy’s exports are helping to recover the economy. Italy is the eighth-largest exporter in the world, conducting 59% of its trade with other European Union countries. Before World War II, Italy was primarily an agricultural economy and has now transformed into one of the world’s most advanced nations. Italy is the second-largest exporter in the European Union, behind Germany, and has a significant trade surplus from exporting machinery, vehicles, food, clothing, luxury goods, and more.

Canada Flag 10. Canada

Nominal GDP
$2.24 Tn
Per Capita GDP
$55,877.51
Natural Resources
Bauxite, Coal, Copper, Diamonds, Fish, Gold, Hydropower, Iron Ore, Lead, Molybdenum, Natural Gas, Nickel, Petroleum, Potash, Rare Earth Elements, Silver, Timber, Uranium, Wildlife, Zinc

Canada has the tenth-largest economy in the world with a nominal GDP of $1.73 trillion. Canada’s per capita GDP of $46,260.71 is ranked 20th globally while its GDP (PPP) of $1.84 trillion is ranked 17th globally. Canada’s GDP is expected to rise to $2.13 trillion by 2023.

Canada has the fourth-highest estimated value of natural resources of $33.2 trillion. Canada is considered an energy superpower due to its abundant natural resources such as petroleum and natural gas. According to the World BankCorruption Perceptions Index, Canada is one of the least corrupt countries in the world and one of the world’s top ten trading countries. Canada ranks above the United States on the Index of Economic Freedom and experiences a relatively low level of income disparity.

Countries by GDP

European Countries GDP

Germany

United Kingdom

France

Italy

Spain

Netherlands

Switzerland

Poland

Belgium

Sweden

Rest

43 countries

Country
Rank
GDP (IMF '24)
GDP (UN '22)
GDP Per Capita
Population
Germany1$4.59 Tn$4.08 Tn$54,60784,075,100
United Kingdom2$3.50 Tn$3.09 Tn$50,25469,551,300
France3$3.13 Tn$2.78 Tn$46,96166,650,800
Italy4$2.33 Tn$2.05 Tn$39,36159,146,300
Spain5$1.65 Tn$1.42 Tn$34,39447,890,000
Netherlands6$1.14 Tn$1.01 Tn$62,27318,346,800
Switzerland7$938.46 Bn$818.43 Bn$104,6528,967,410
Poland8$844.62 Bn$688.13 Bn$22,14538,140,900
Belgium9$655.19 Bn$582.64 Bn$55,72011,758,600
Sweden10$623.05 Bn$591.19 Bn$58,46610,656,600
Ireland11$564.02 Bn$532.42 Bn$106,2585,308,040
Austria12$540.89 Bn$470.30 Bn$59,3509,113,570
Norway13$526.95 Bn$579.42 Bn$93,7125,623,070
Denmark14$409.99 Bn$400.17 Bn$68,3036,002,510
Romania15$369.97 Bn$300.69 Bn$19,56618,908,600
Czech Republic16$325.88 Bn$290.53 Bn$30,71710,609,200
Finland17$308.06 Bn$282.51 Bn$54,7825,623,330
Portugal18$298.95 Bn$254.85 Bn$28,71310,411,800
Greece19$250.28 Bn$217.29 Bn$25,1829,938,840
Hungary20$223.41 Bn$177.34 Bn$23,1949,632,290
Ukraine21$188.94 Bn$160.50 Bn$4,84738,980,400
Slovakia22$140.81 Bn$115.31 Bn$25,7195,474,880
Bulgaria23$107.93 Bn$90.21 Bn$16,0746,714,560
Luxembourg24$88.56 Bn$81.53 Bn$130,143680,453
Croatia25$88.08 Bn$71.55 Bn$22,8883,848,160
Serbia26$81.87 Bn$63.56 Bn$12,2406,689,040
Lithuania27$81.17 Bn$70.88 Bn$28,6812,830,140
Slovenia28$72.10 Bn$59.98 Bn$34,0572,117,070
Belarus29$69.05 Bn$72.87 Bn$7,6748,997,600
Latvia30$45.47 Bn$40.88 Bn$24,5291,853,560
Estonia31$43.49 Bn$38.05 Bn$32,3501,344,230
Cyprus32$34.22 Bn$29.21 Bn$24,9651,370,750
Iceland33$33.34 Bn$28.06 Bn$83,708398,266
Bosnia and Herzegovina34$29.08 Bn$24.47 Bn$9,2603,140,100
Albania35$25.43 Bn$18.92 Bn$9,1762,771,510
Malta36$22.74 Bn$18.10 Bn$41,688545,405
Moldova37$18.36 Bn$14.51 Bn$6,1272,996,110
North Macedonia38$15.87 Bn$13.71 Bn$8,7511,813,790
Montenegro39$8.01 Bn$6.23 Bn$12,661632,729
Andorra40$3.90 Bn$3.38 Bn$47,00682,904
San Marino41$2.03 Bn$1.78 Bn$60,58633,572
Liechtenstein42$0$7.76 Bn$193,33040,128
Monaco43$0$8.77 Bn$228,79138,341