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List of Countries by Projected GDP

Source International Monetary Fund World Economic Outlook (October - 2023)
Date28 Oct 2023
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  • See Also:
  • » Projected GDP Ranking
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  • » Countries by GDP (PPP)
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  • » Countries by projected GDP Growth
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In 2023, the United States and China would remain the largest economy in nominal and PPP, respectively. Tuvalu would be the world's smallest economy in both methods. In exchange rate methods, the largest economy, the United States, represents a above quarter share (25.8%) of the global economy, while the smallest economy Tuvalu contributes only 0.00006 percent. In PPP, the biggest economy, China shares 18.8% of the world, and lowest-ranked Tuvalu shares 0.00004 percent.

In nominal data, nineteen economies would have gdp above $1 trillion as the Türkiye is the new entrants in the trillion-dollar economy. Sixty-nine would have an economy of above $100 billion. Bulgaria and Guatemala are projected to move above $100 bn and Angola will fall below $100 bn.

Out of 195 economies, gdp (nominal) of 155 economies would increase, and 40 economies would decrease in 2023 compared to 2022. With $1.49 tn, United States will be the top contributor, followed by Mexico ($346 bn), Germany ($344 bn), India ($343 bn), and France ($269 bn). The top five decliners would be Russia ($-381.8 bn), China ($-185.4 bn), Nigeria ($-87.4 bn), Egypt ($-76.8 bn), Saudi Arabia ($-38.7 bn). Macao SAR (+14) would climb most in the nominal ranking, followed by Costa Rica (+11). Timor-Leste (-17), Sudan (-14), Gabon (-10) and Angola (-9) would lose most in the ranking.

In ppp data, 32 economies would have gdp above Int. $1 trillion in 2023. Colombia will cross Int. $1,000 bn marks. Nighty-seven economies would have an economy of greater than Int. $100 billion. Uruguay is projected to move above Int. $100 bn.

Out of 195 economies, gdp (ppp) of 190 economies would increase, and five economies would decrease in 2023 compared to 2022. China (Int. $2681 bn), United States (Int. $1487 bn), India (Int. $1219 bn), Indonesia (Int. $357 bn) and Japan (Int. $351 bn) would be the top gainers. Sudan (Int. $-31 bn), Lebanon (Int. $-10 bn), Afghanistan (Int. $-7 bn), Timor-Leste (Int. $-4 bn) and Equatorial Guinea (Int. $-1 bn) would be the top decliners. Macao SAR would improve its rank by 25 spots, followed by Guyana (+13). Timor-Leste (-12), Afghanistan (-10), Lebanon (-9), and Sudan (-7) are the top decliners in the ppp ranking.

  • Nominal
  • PPP
  • GDP
  • Change in GDP
  • Choropleth Map
  • Bubble Map
Country/Economy GDP Nominal (billions of $) GDP PPP (billions of Int. $)
2022Rank2023Rankshare (%) 2022Rank2023Rankshare (%)
Eritrea 2.3831722.6661700.002557.6371648.1551630.00466
West Bank and Gaza 18.75412619.2061280.018434.07813836.3911400.0208
Afghanistan 13.30114112.3841470.011959.34411252.0671220.0298
Lebanon 21.78011623.1301180.022178.23310168.6401100.0393
Sri Lanka 74.8467871.500860.0684319.52360321.979620.184
Albania19.08312423.0321190.022052.06611855.9281180.0320
Algeria195.06056224.107560.214584.27143628.990420.360
Andorra3.3521673.6921630.003535.3971715.7111700.00327
Angola122.7816193.796700.0898247.97767260.323660.149
Antigua and Barbuda1.7581781.9491790.001872.3761802.6011800.00149
Argentina630.60623621.833240.5951,226.204291,239.515300.709
Armenia19.51412124.5401160.023552.71511658.4971160.0335
Aruba3.5451653.8271620.003665.1871735.5021720.00315
Australia1,702.554121,687.713141.621,629.322201,719.262200.983
Austria471.02633526.182280.504603.66641626.458430.358
Azerbaijan78.7217477.392810.0741180.78579192.146780.110
Bahrain44.3839344.994960.043190.0969995.973990.0549
Bangladesh460.20135446.349330.4271,343.253251,476.870250.845
Barbados5.6851576.2201570.005955.0171745.4361730.00311
Belarus72.8357968.864870.0659209.92071221.186720.127
Belgium579.05926627.511230.601735.02537769.682370.440
Belize2.9851683.2181660.003084.6661755.0321750.00288
Benin17.43912819.9401260.019154.16011559.2411150.0339
Bhutan2.6531692.6861690.0025710.04416110.9691610.00627
Bolivia44.3159546.796940.0448118.84093125.428940.0717
Bosnia and Herzegovina24.52011326.9451130.025864.31411068.0121110.0389
Botswana20.35211920.7561240.019948.19412251.8861230.0297
Brazil1,920.023112,126.80992.043,837.21584,101.02282.35
Brunei Darussalam16.68213115.1531370.014531.10414232.0001460.0183
Bulgaria89.11571103.099680.0987205.40473216.499730.124
Burkina Faso18.93412520.7851230.019958.02511362.7881120.0359
Burundi3.9181633.1901670.0030510.78216011.5511590.00661
Cabo Verde2.3081732.5981710.002495.2821725.7171690.00327
Cambodia28.81810830.9431080.029689.76310098.319980.0562
Cameroon44.3229449.262930.0471123.68392133.335900.0763
Canada2,137.93992,117.805102.032,265.320162,378.973161.36
Central African Republic2.4631702.7601680.002645.4241705.6781710.00325
Chad12.09614612.5961460.012130.02614632.3751440.0185
Chile300.72946344.400450.330579.40944597.520440.342
China17,886.331217,700.899216.930,217.113132,897.929118.8
Colombia343.62244363.835430.348966.152321,016.124320.581
Comoros1.2371811.3641810.001313.2131783.4321780.00196
Costa Rica68.3738585.590740.0819130.73489141.527880.0809
Croatia70.5488280.185780.0767154.65582164.672830.0942
Cyprus28.46110932.0321050.030746.84112449.6551250.0284
Czech Republic290.52847335.243470.321519.23846539.318470.308
Côte d'Ivoire70.1808479.430790.0760184.04878202.647750.116
Democratic Republic of the Congo65.7848767.512890.0646136.34986150.883850.0863
Denmark401.12540420.800370.403418.96353441.754530.253
Djibouti3.6621643.8731610.003716.6071677.1931650.00411
Dominica0.6271870.6971870.000670.9851861.0691860.00061
Dominican Republic113.87367120.629630.115256.39065273.703650.157
Ecuador115.04964118.686640.114230.80868242.579680.139
Egypt475.23132398.397380.3811,675.593181,809.425181.03
El Salvador32.48910235.3391020.033870.31610774.5051060.0426
Equatorial Guinea11.76714710.0411520.0096129.16514728.3561480.0162
Estonia37.9519941.799980.040060.19911160.9971140.0349
Eswatini4.8371604.6481590.0044512.91315813.7971580.00789
Ethiopia120.36962155.804600.149357.50657393.297560.225
Fiji4.9801585.5111580.0052713.60015615.1521560.00867
Finland283.12448305.689480.293324.26959335.760600.192
France2,780.13673,049.01672.923,696.243103,868.619102.21
Gabon21.11711719.3191270.018539.34813241.9221350.0240
Georgia24.60611230.0231100.028774.67010382.2101020.0470
Germany4,085.68144,429.83834.245,370.28755,537.99253.17
Ghana72.2438076.628820.0733216.61870227.189710.130
Greece219.23855242.385540.232392.51455416.969550.238
Grenada1.2161821.3061820.001252.1421812.3071810.00132
Guatemala95.00469102.765690.0984187.77877201.365760.115
Guinea20.30412023.2051170.022244.39012548.7501260.0279
Guinea-Bissau1.7181791.9911780.001915.5211695.9811680.00342
Guyana14.52913716.3291330.015633.80314048.5141270.0277
Haiti20.53511825.9861140.024938.14213638.9521370.0223
Honduras31.52310433.9921030.032570.33010675.0301050.0429
Hong Kong SAR359.83942385.546400.369507.23847548.999450.314
Hungary180.01357203.829570.195408.11154421.683540.241
Iceland28.06511030.5701090.029325.27515127.0781510.0155
India3,389.68953,732.22453.5711,900.714313,119.62237.50
Indonesia1,318.806161,417.387161.364,036.85274,393.37072.51
Iraq261.14049254.993520.244504.74648508.973490.291
Ireland533.55927589.569260.564683.58040722.929390.413
Islamic Republic of Iran346.47943366.438420.3511,616.542211,725.874190.987
Israel525.00328521.688290.499502.33049537.140480.307
Italy2,012.014102,186.08282.093,059.337133,193.180131.83
Jamaica17.00313018.7611300.018033.75014135.6901410.0204
Japan4,237.52834,230.86244.056,144.60246,495.21443.72
Jordan47.5199150.022920.0479124.17891132.092910.0756
Kazakhstan225.52954259.292510.248603.34442654.050410.374
Kenya113.70168112.749660.108311.47361338.964590.194
Kiribati0.2241930.2461930.000240.2791910.2971910.00017
Korea1,673.917131,709.232131.642,780.287142,924.189141.67
Kosovo9.43715210.4691500.010025.94215027.9181500.0160
Kuwait175.39958159.687590.153249.00366256.593670.147
Kyrgyz Republic11.67214812.6811440.012141.63512644.6231280.0255
Lao P.D.R.15.30413414.2441400.013668.84210874.2051070.0424
Latvia41.1679746.668950.044773.46710476.5501040.0438
Lesotho2.4631712.3731740.002276.5311686.9151670.00396
Liberia3.9741624.3471600.004168.9651639.7181620.00556
Libya37.79610040.1941000.0385143.02185166.887820.0955
Lithuania70.3908379.427800.0760132.69488137.328890.0785
Luxembourg81.7067289.095730.085391.2169894.1521000.0539
Macao SAR21.97911538.4801010.036838.47313469.5651090.0398
Madagascar15.14913515.7631360.015152.63611756.7541170.0325
Malawi12.53714513.1761430.012635.96313737.9191380.0217
Malaysia407.02736430.895360.4121,137.400311,225.927310.701
Maldives6.2381556.9771550.0066813.15615714.7401570.00843
Mali19.17112221.3091210.020456.88011461.6251130.0352
Malta18.14012720.3111250.019430.95014333.3031430.0190
Marshall Islands0.2611910.2771910.000270.2461930.2631930.00015
Mauritania9.90315110.3571510.0099130.82914433.4141420.0191
Mauritius12.89814214.8191380.014233.96913937.0121390.0212
Mexico1,465.854141,811.468121.733,064.000123,277.601121.87
Micronesia0.4241900.4581900.000440.3881900.4131900.00024
Moldova14.55013616.0001340.015339.91813042.2171340.0241
Mongolia17.14612918.7821290.018048.44512052.9891210.0303
Montenegro6.1091567.0581540.0067616.08915517.4311550.00997
Morocco130.91360147.343610.141363.01156385.337570.220
Mozambique19.15712321.9361200.021048.42512153.7101190.0307
Myanmar66.1568674.861850.0716261.16964277.767640.159
Namibia12.60214412.6471450.012128.76514830.6631470.0175
Nauru0.1521940.1501940.000140.1371940.1431940.00008
Nepal40.8289841.339990.0396144.33784150.800860.0863
Netherlands1,010.193181,092.748181.051,244.148281,297.024280.742
New Zealand242.02452249.415530.239266.29663279.183630.160
Nicaragua15.67113217.3531310.016647.76812351.0221240.0292
Niger15.44813317.0731320.016339.59613142.7391320.0244
Nigeria477.37631390.002390.3731,280.700271,365.903270.781
North Macedonia13.59313915.8011350.015141.45612744.0551300.0252
Norway579.42225546.768270.523427.14452452.964520.259
Oman114.66766108.282670.104190.94176200.295770.115
Pakistan374.65841340.636460.3261,520.020231,568.427240.897
Palau0.2461920.2671920.000260.2571920.2681920.00015
Panama76.5237782.348760.0788173.16680190.306790.109
Papua New Guinea31.53310331.6921060.030339.11113341.7851360.0239
Paraguay41.7229644.142970.0422108.33795117.349950.0671
Peru244.59451264.636500.253523.10045548.465460.314
Philippines404.28439435.675340.4171,170.968301,278.624290.731
Poland690.68022842.172210.8061,642.614191,712.629210.980
Portugal252.13050276.432490.265438.62351465.131510.266
Puerto Rico115.01765117.515650.112128.26690132.052920.0755
Qatar236.41553235.500550.225308.98962328.134610.188
Republic of Congo13.96113814.4071390.013825.95414927.9941490.0160
Romania301.27345350.414440.335737.00236780.797360.447
Russia2,244.24981,862.470111.784,769.82765,056.47962.89
Rwanda13.30914013.9271410.013338.47013542.3461330.0242
Samoa0.8331860.9391860.000901.1831851.3251850.00076
San Marino1.7851771.9981770.001912.7101792.8721790.00164
Saudi Arabia1,108.149171,069.437191.022,150.460172,246.535171.28
Senegal27.74411131.1411070.029872.77610578.5471030.0449
Serbia63.5028875.015840.0718163.70781173.075800.0990
Seychelles1.9771762.0851750.002003.8661764.1751760.00239
Sierra Leone3.9871613.5191650.0033716.69515417.7841540.0102
Singapore466.78934497.347320.476719.07538753.273380.431
Slovak Republic115.56063133.044620.127218.53469229.584690.131
Slovenia60.1118968.394880.0655102.73996108.683960.0622
Solomon Islands1.5911801.6901800.001621.6781831.7831830.00102
Somalia10.42015011.5151490.011030.09714532.0781450.0183
South Africa405.10638380.906410.365953.20933997.444330.571
South Sudan8.5351536.2671560.006006.6581667.1431660.00409
Spain1,418.916151,582.054151.512,271.746152,413.066151.38
St. Kitts and Nevis0.9661841.0691840.001021.6191841.7601840.00101
St. Lucia2.2971742.4691720.002363.2251773.4521770.00197
St. Vincent and the Grenadines0.9471851.0391850.000991.7981821.9801820.00113
Sudan33.75210125.5691150.0245203.82874172.651810.0988
Suriname3.5101663.5391640.0033910.79815911.4351600.00654
Sweden591.18924597.110250.571695.37939715.995400.410
Switzerland818.47120905.684200.867753.84635788.335350.451
São Tomé and Príncipe0.5481880.6741880.000650.9231880.9621880.00055
Taiwan Province of China760.46021751.930220.7201,611.996221,685.358220.964
Tajikistan10.49314911.8161480.011348.61511953.6791200.0307
Tanzania77.0657684.033750.0804208.75972227.725700.130
Thailand495.42430512.193300.4901,482.437241,578.452230.903
The Bahamas12.89714313.8761420.013316.78015318.1461530.0104
The Gambia2.1611752.3881730.002296.8551657.5021640.00429
Timor-Leste4.9041592.0231760.001949.4071625.0621740.00290
Togo8.1441549.1111530.0087222.97215225.1031520.0144
Tonga0.4981890.5471890.000520.6681890.7111890.00041
Trinidad and Tobago30.05310627.8871120.026741.08012943.6581310.0250
Tunisia46.3619251.271910.0491154.32383162.097840.0927
Turkmenistan77.2527581.822770.0783118.73994126.132930.0721
Tuvalu0.0591950.0631950.000060.0581950.0631950.00004
Türkiye905.841191,154.600171.113,352.697113,613.540112.07
Uganda48.2449052.390900.0501133.89287145.157870.0830
Ukraine160.50159173.413580.166448.95450474.773500.272
United Arab Emirates507.06429509.179310.487835.14934895.166340.512
United Kingdom3,081.87163,332.05963.193,716.62193,871.79092.21
United States25,462.725126,949.643125.825,462.725226,949.643215.4
Uruguay71.1778176.244830.073098.71997103.372970.0591
Uzbekistan80.4187390.392720.0865339.81258371.646580.213
Vanuatu1.0731831.1661830.001120.9331870.9811870.00056
Venezuela92.1047092.210710.0883196.54775211.926740.121
Vietnam406.45237433.356350.4151,321.240261,434.211260.820
Yemen23.54811421.0451220.020167.82010969.9631080.0400
Zambia29.74210729.5361110.028377.94810283.6871010.0479
Zimbabwe31.49010532.4241040.031041.16812844.4481290.0254
Syria--- ---- ---
World 100,149 104,483 163,897 174,833
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