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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:20 AlignBars = justify TimeAxis = orientation:vertical DateFormat = x.y Period = from:0.0 till:20 ScaleMajor = unit:day start:0.0 increment:2

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 color:blue width:25
 bar:US from:start till:19.391
 bar:China from:start till:12.015
 bar:Japan from:start till:4.872
 bar:Germany from:start till:3.685
 bar:UK from:start till:2.625
 bar:India from:start till:2.611
     

TextData =

 pos:(0,0) text:US$ Tn
     
Largest economies by nominal GDP in 2017

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 $19.39 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 (2017) | style="width:33%; text-align:center;" | Per the (2017) | style="width:33%; text-align:center;" | Per the (2016) |- valign="top" |
79,865,481
19,390,600
12,014,610
4,872,135
3,684,816
2,624,529
2,611,012
2,583,560
2,054,969
1,937,894
1,652,412
1,538,030
1,527,469
1,379,548
1,313,951
1,149,236
1,015,411
849,480
825,745
683,827
678,575
637,717
579,302
538,575
524,886
494,733
455,378
431,920
416,845
396,457
377,435
376,284
350,609
349,299
341,659
333,994
324,484
323,902
314,497
313,419
309,197
303,993
277,042
261,374
253,244
237,073
220,408
218,064
215,224
213,189
211,315
210,085
201,485
200,690
197,699
178,287
166,326
160,839
152,284
124,209
120,351
109,824
109,321
102,311
98,805
95,938
87,591
80,874
79,511
77,460/Na
75,661
75,018
74,274
66,537
62,393
58,415
61,838
58,056
58,239
56,943
54,516
54,436
51,725
51,457
49,802
48,868
47,883
47,263
47,032
41,471
41,441
40,670
40,487
40,360
40,275
37,926
37,122
34,895
34,006
31,331
30,319
29,619
28,023
26,349
25,973
25,504
24,472
23,909
23,617
22,975
22,252
21,310
20,889
20,300
17,457
17,152
17,105
16,725
16,511
16,057
15,230
14,998
14,467
14,290
13,692
13,187
13,001
12,558
12,345
12,273
12,011
11,963
11,416
11,037
10,869
10,557
10,069
9,740
9,410
9,183
9,127
8,918
8,883
8,360
7,945
7,892
7,799
7,234
7,061
6,261
6,050
5,054
4,985
4,821
4,797
4,520
4,405
4,030
3,897
3,665
3,591
3,393
2,870
2,721
2,716
2,321
2,140
2,082
1,992
1,819
1,728
1,717
1,592
1,535
1,479
1,295
1,273
1,111
1,038
939
844
837
815
659
608
437
372
329
321
199
186
40
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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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