List of countries by largest historical GDP

Summary

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 edit

By average values of GDP (nominal) edit

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) edit

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) edit

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

Main GDP countries edit

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

European Union edit

The EU currently[when?] produces 17% of global GDP (nominal) and 14.5% of global GDP (PPP) in 2023.

United States edit

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 edit

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 edit

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 edit

  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 edit

  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.