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   » » Wiki: List Of Countries By Gdp (nominal)
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List of countries by GDP (nominal)
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 C O N T E N T S 

ImageSize = width:auto height:250 barincrement:50 PlotArea = left:50 bottom:15 top:10 right:22 AlignBars = justify TimeAxis = orientation:vertical DateFormat = x.y Period = from:0.0 till:22 ScaleMajor = unit:day start:0.0 increment:2

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 color:blue width:25
 bar:US from:start till:20.413
 bar:China from:start till:14.093
 bar:Japan from:start till:5.167
 bar:Germany from:start till:4.212
 bar:UK from:start till:2.936
 bar:France from:start till:2.925
     

TextData =

 pos:(0,0) text:US$ Tn
     
Largest economies by nominal GDP in 2018,
not counting the economies of the European Union as one,
according to International Monetary Fund estimates.

Gross domestic product (GDP) is the of all final goods and services from a nation in a given year. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official . Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the of the country's . Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference in the standard of living of its population.

Comparisons of national wealth are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than nominal GDP. On the whole, PPP per capita figures are less spread than nominal GDP per capita figures.

The United States is the world's largest economy with a GDP of approximately $18.56 trillion, notably due to high average incomes, a large population, capital investment, moderate unemployment, high consumer spending, a relatively young population, and technological innovation. Tuvalu is the world's smallest national economy with a GDP of about $32 million because of its very small population, a lack of natural resources, reliance on foreign aid, negligible capital investment, demographic problems, and low average incomes.

Although the rankings of national economies have changed considerably over time, the United States has maintained its top position since the , a time period in which its economy saw rapid expansion, surpassing the and in aggregate output. Since China's transition to a market-based economy through privatisation and deregulation, the country has seen its ranking increase from ninth in 1978 to second to only the United States in 2016 as economic growth accelerated and its share of global nominal GDP surged from 2% in 1980 to 15% in 2016. India has also experienced a similar economic boom since the implementation of economic liberalisation in the early 1990s. When supranational entities are included, the is the second largest economy in the world. It was the largest from 2004, when ten countries joined the union, to 2014, after which it was surpassed by the United States.

The first list includes estimates compiled by the International Monetary Fund's World Economic Outlook, the second list shows the 's data, and the third list includes data compiled by the United Nations Statistics Division. The IMF definitive data for the past year and estimates for the current year are published twice a year in April and October. Several economies which are not considered to be countries (the world, the European Union, and some dependent territories) are included in the lists because they appear in the sources as distinct economies. These economies are italicized and not ranked in the charts, but are listed where applicable.


Lists
style="margin:auto; width:100%;" |- | style="width:33%; text-align:center;" | Per the International Monetary Fund (2018) | style="width:33%; text-align:center;" | Per the (2016) | style="width:33%; text-align:center;" | Per the (2016) |- valign="top" |
79,865,481
20,412,870
19,669,743
14,092,514
5,167,051
4,211,635
2,936,286
2,925,096
2,848,231
2,181,970
2,138,918
1,798,512
1,719,000
1,693,246
1,506,439
1,500,256
1,212,831
1,074,966
945,327
909,885
748,003
741,688
625,921
614,190
613,295
600,771
562,229
483,739
477,672
443,252
418,875
411,827
408,612
385,142
373,751
370,887
369,760
364,919
364,782
332,449
327,978
313,419
303,993
289,557
285,817
280,269
251,577
248,891
245,590
240,779
237,073
231,567
226,774
223,258
220,888
197,629
183,807
179,250
163,541
135,305
120,997
119,428
119,134
111,483
106,621
100,845
97,353
93,454
88,271
85,664
82,620
82,356
80,413
77,460/Na
72,461
70,715
63,370
66,711
64,781
61,287
61,056
59,246
56,933
56,664
54,352
53,754
53,620
51,619
48,279
48,142
45,483
43,636
42,644
42,553
42,353
41,676
40,737
40,298
40,259
39,074
37,841
35,915
32,291
30,821
29,407
29,109
27,616
27,278
26,312
26,228
24,620
24,360
24,021
22,158
21,657
20,340
19,722
19,395
18,620
18,337
17,907
17,461
16,142
15,289
15,256
14,873
14,607
14,532
14,438
14,321
13,840
13,298
13,297
13,085
12,611
12,511
12,318
12,031
11,544
11,486
11,039
10,854
10,471
9,944
9,869
9,417
9,202
8,359
7,659
7,588
6,746
6,721
5,590
5,547
5,440
5,435
5,317
4,825
4,572
3,857
3,824
3,805
3,747
3,332
3,194
2,920
2,740
2,547
2,187
2,164
1,978
1,912
1,809
1,755
1,612
1,582
1,569
1,377
1,180
1,085
972
957
881
835
738
476
443
433
335
321
211
205
43
2
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See also
  • List of countries by GDP (PPP)
  • List of countries by GDP (nominal) per capita
  • List of countries by GDP (PPP) per capita


Notes
Figures exclude , and special administrative regions of and . Figures exclude special administrative regions of and . Excludes data for . Includes . Data are for the area controlled by the Government of the Republic of Cyprus. Covers mainland only. Excludes and . Figures exclude Republic of Crimea and .

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