List of countries by GDP (PPP)

This is an old revision of this page, as edited by Cantus (talk | contribs) at 08:47, 13 December 2004. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Here is a list of countries of the world sorted by their Gross domestic product (GDP), the value of all final goods and services produced within a nation in a given year. GDP dollar estimates here are derived from purchasing power parity (PPP) calculations. For a similar list of countries by GDP at market exchange rates, see list of countries by GDP.

GDP methodology

GDP dollar estimates for all countries are derived from purchasing power parity (PPP) calculations rather than from conversions at official currency exchange rates. The PPP method involves the use of standardized international dollar price weights, which are applied to the quantities of final goods and services produced in a given economy. The data derived from the PPP method provide the best available starting point for comparisons of economic strength between countries. The division of a GDP estimate in domestic currency by the corresponding PPP estimate in dollars gives the PPP conversion rate. Whereas PPP estimates for OECD countries are quite reliable, PPP estimates for developing countries are often rough approximations. Most of the GDP estimates are based on extrapolation of PPP numbers published by the UN International Comparison Program (UNICP) and by Professors Robert Summers and Alan Heston of the University of Pennsylvania and their colleagues. In contrast, the currency exchange rate method involves a variety of international and domestic financial forces that often have little relation to domestic output. In developing countries with weak currencies the exchange rate estimate of GDP in dollars is typically one-fourth to one-half the PPP estimate. Furthermore, exchange rates may suddenly go up or down by 10% or more because of market forces or official fiat whereas real output has remained unchanged. On 12 January 1994, for example, the 14 countries of the African Financial Community (whose currencies are tied to the French franc) devalued their currencies by 50%. This move, of course, did not cut the real output of these countries by half. One important caution: the proportion of, say, defense expenditures as a percentage of GDP in local currency accounts may differ substantially from the proportion when GDP accounts are expressed in PPP terms, as, for example, when an observer tries to estimate the dollar level of Russian or Japanese military expenditures.

List of countries by GDP (PPP)

Rank Country 2003 GDP (PPP)
millions of intl. dollars
World 51,656,251
1 United States 10,871,095
2 China 6,435,838a
3 Japan 3,582,515
4 India 3,096,239b
5 Germany 2,279,134
6 France 1,632,119
7 United Kingdom 1,606,853
8 Italy 1,559,321
9 Brazil 1,371,655
10 Russia 1,318,827
11 Canada 963,550
12 Mexico 934,553
13 Spain 915,072
14 South Korea 858,028
15 Indonesia 721,583
16 Australia 579,662
17 Turkey 477,256
18 Netherlands 476,912
19 South Africa 475,215b
20 Iran 474,383
21 Thailand 470,086
22 Argentina 444,627
23 Poland 443,937
24 Philippines 352,179
25 Colombia 301,216b
26 Belgium 293,843
27 Pakistan 292,641
28 Saudi Arabia 281,121b
29 Egypt 266,843
30 Ukraine 264,604
31 Bangladesh 246,526
32 Austria 241,548
33 Malaysia 240,210
34 Sweden 238,727
35 Switzerland 221,687
36 Greece 213,314
37 Vietnam 202,462
38 Algeria 198,890b
39 Hong Kong, China 191,031
40 Portugal 187,958
41 Denmark 170,392
42 Norway 169,009
43 Czech Republic 167,805
44 Chile 160,987
45 Romania 160,327
46 Hungary 147,472
47 Ireland 145,150
48 Peru 142,976
49 Finland 141,984
50 Nigeria 138,905
51 Israel 128,249
52 Venezuela 125,420
53 Morocco 120,809
54 Singapore 104,042
55 Kazakhstan 97,739
56 Puerto Rico 96,251b
57 New Zealand 84,898
58 Sri Lanka 72,482
59 Slovakia 72,475
60 Tunisia 70,085
61 Sudan 68,628
62 Syria 62,148
63 Bulgaria 61,084
64 Belarus 59,406
65 Dominican Republic 58,580b
66 Guatemala 50,727b
67 Croatia 49,638
68 Ethiopia 49,098b
69 Ecuador 47,993
70 Ghana 45,642b
71 Uzbekistan 44,479
72 Lithuania 38,859
73 Costa Rica 38,006b
74 Kuwait 37,993b
75 Slovenia 37,906
76 Uganda 37,184b
77 DR Congo 35,798b
78 Nepal 34,964
79 Oman 33,850b
80 Cameroon 33,278
81 Kenya 33,028
82 El Salvador 32,628b
83 Angola 31,364b
84 Zimbabwe 30,461
85 Azerbaijan 29,688
86 Cambodia 29,344b
87 Turkmenistan 28,612
88 Luxembourg 28,154
89 Uruguay 27,986
90 Paraguay 26,657b
91 Bosnia and Herzegovina 24,959b
92 Côte d'Ivoire 24,724
93 Latvia 23,166
94 Jordan 22,928
95 Bolivia 22,867
96 Lebanon 22,819
97 Tanzania 21,913c
98 Mozambique 21,286b
99 Panama 19,322
100 Honduras 18,525b
101 Estonia 18,020
102 Yemen 17,043
103 Senegal 16,903
104 Guinea 16,893
105 Albania 14,486
106 Botswana 14,394
107 Burkina Faso 14,245b
108 FYR Macedonia 13,856
109 Nicaragua 13,827b
110 Cyprus 13,813
111 Haiti 13,800b
112 Mauritius 13,791
113 Papua New Guinea 13,783b
114 Madagascar 13,653
115 Georgia 13,170
116 Trinidad and Tobago 13,097
117 Namibia 12,846b
118 Bahrain 11,976
119 Mali 11,582
120 Jamaica 11,046
121 Armenia 11,024
122 Laos 10,734
123 Rwanda 10,462
124 Chad 10,350b
125 Niger 9,730b
126 Zambia 9,185
127 Iceland 8,768
128 Kyrgyzstan 8,661
129 Macao, China 8,638
130 Gabon 8,244
131 Benin 7,554
132 Togo 7,424
133 Malta 7,069
134 Tajikistan 7,053
135 Malawi 6,780
136 Moldova 6,376
137 The Bahamas 5,290
138 Swaziland 5,219
139 Mauritania 5,106b
140 Lesotho 4,743b
141 Fiji 4,607
142 Burundi 4,517b
143 Mongolia 4,470
144 Barbados 4,258
145 Central African Republic 4,210b
146 Eritrea 4,194b
147 Republic of Congo 3,562
148 Guyana 3,225b
149 Sierra Leone 2,965
150 Cape Verde 2,608b
151 The Gambia 2,436b
152 Belize 1,654
153 Djibouti 1,511b
154 Seychelles 1,418
155 Comoros 1,055b
156 Samoa 1,022b
157 Guinea-Bissau 1,014b
158 Saint Lucia 903
159 Antigua and Barbuda 797
160 Grenada 768
161 Saint Vincent and the Grenadines 750
162 Solomon Islands 749b
163 Tonga 711b
164 Vanuatu 614b
165 Saint Kitts and Nevis 596
166 Dominica 387
Afghanistan ..
American Samoa ..
Andorra ..
Aruba ..
Bermuda ..
Bhutan ..
Brunei ..
Cayman Islands ..
Channel Islands ..
Cuba ..
Equatorial Guinea ..
Faeroe Islands ..
French Polynesia ..
Greenland ..
Guam ..
Iraq ..
Isle of Man ..
Kiribati ..
North Korea ..
Liberia ..
Libya ..
Liechtenstein ..
Maldives ..
Marshall Islands ..
Mayotte ..
Federated States of Micronesia ..
Monaco ..
Myanmar ..
Netherlands Antilles ..
New Caledonia ..
Northern Mariana Islands ..
Palau ..
Qatar ..
San Marino ..
São Tomé and Principe ..
Serbia and Montenegro ..
Somalia ..
Suriname ..
Timor-Leste ..
United Arab Emirates ..
U.S. Virgin Islands ..

Source: World Development Indicators database, World Bank, September 2004.

.. Not available. PPP is purchasing power parity; an international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States.
Note: Rankings include only those economies with confirmed PPP GDP estimates. Figures in italics are for 2002 or 2001.
a. Estimate is based on a bilateral comparison between China and the United States (Ruoen and Kai, 1995).
b. Estimate is based on regression; other PPP figures are extrapolated from the latest International Comparison Programme benchmark estimates.
c. Data refer to mainland Tanzania only.

See also