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Projected GDP Ranking

Source International Monetary Fund World Economic Outlook (October - 2021)
Date26 Oct 2021
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As of 2021, the United States and China would occupy the first two places in both methods' gdp ranking. The US and China's margin is coming down in nominal ranking as China's gdp growth rate of 2021 (8.02%) is higher than the US's 5.97%. On a nominal basis, the US is ahead of China by $6 trillion in 2021. On a ppp basis, China has overtaken the US in 2017 and ahead by Int. $4 trillion, and the gap is increasing. China will remain the world's largest economy on a ppp basis over the next few decades as 2nd ranked US is growing slow and 3rd ranked India is way behind.

In the nominal gdp list, There would be no change in the top 10. Other changes in the top 20 would be Iran overtaking the Netherlands, Saudi Arabia overtaking Turkey and Switzerland in the top 20 list. Among the top 50, the Economic rank of South Africa would move up by eight positions, while Egypt would lose four places.

In the ppp ranking, There would be no change in the top 10 list. Other changes in the top 20 would be Taiwan overtaking Australia. Among the top 50, Ireland will climb three spots.

In the list of top 50, All economies will experience a positive growth rate in 2021. Ireland is the fastest-growing economy with 14.04%, followed by Chile (11.00%). Thailand has the lowest growth rate of 0.96%, followed by the United Arab Emirates (2.24%) and Japan (2.36%).

United States (1,5) is present in both lists of the top ten GDP and GDP per capita ranking at nominal terms. Germany (4,17), Canada (9,15), Australia (13,9), Netherlands (18,12), and Switzerland (20,3) are in the top twenty list of GDP and GDP per capita ranking. In PPP, United States (2,8) is present in the top ten, whereas Germany (5,18) and Taiwan (18,15) are in the top twenty of both rankings.

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GDP (Nominal) Ranking
Country/Economy GDP (Nominal) (billions of $) Growth (%) GDP per capita (Nominal) ($) Continent
2020Rank2021RankShare (%)diff 20212021Rank
Pakistan 261.7345292.22460.3083.803.941,401161Asia
United States20,893.75122,939.58124.2-5.9769,3755North America
China14,866.74216,862.98217.86,0778.0211,89164Asia
Japan5,045.1035,103.1135.3811,7602.3640,70426Asia
Germany3,843.3444,230.1744.468733.0550,78817Europe
United Kingdom2,709.6853,108.4253.271,1226.7646,20022Europe
India2,660.2462,946.0663.101629.502,116150Asia
France2,624.4272,940.4373.105.636.2945,02823Europe
Italy1,884.9482,120.2382.238205.7735,58528Europe
Canada1,644.0492,015.9892.121045.6952,79115North America
Korea1,638.26101,823.85101.921924.2835,19629Asia
Russia1,478.57111,647.57111.741764.6911,27368Europe
Brazil1,444.72121,645.84121.731.735.237,74187South America
Australia1,359.37131,610.56131.7035.33.5462,6199Oceania
Spain1,280.46141,439.96141.521715.7430,53734Europe
Mexico1,073.92151,285.52151.351546.259,96772North America
Indonesia1,059.64161,150.25161.211353.204,225117Asia
Islamic Republic of Iran835.35181,081.38171.1468.92.4612,72562Asia
Netherlands913.13171,007.56181.0673.83.7757,71512Europe
Saudi Arabia700.1221842.59190.8881652.8423,76244Asia
Switzerland751.8819810.83200.85431.83.7193,5153Europe
Turkey719.9220795.95210.83814.98.959,40776Europe
Taiwan Province of China668.1622785.59220.82810.45.8633,40232Asia
Poland595.9223655.33230.6901305.1217,31951Europe
Sweden541.0624622.37240.65633.04.0458,63911Europe
Belgium514.9225581.85250.61340.55.6450,41318Europe
Thailand501.7126546.22260.57535.60.967,80985Asia
Ireland425.5529516.25270.54430.013.04102,3942Europe
Austria432.5227481.21280.50735.03.9253,79313Europe
Nigeria429.4228480.48290.5060.732.642,273145Africa
Israel407.1030467.53300.49213.07.0649,84019Asia
Argentina389.0631455.17310.47912.47.509,92973South America
Norway362.5233445.51320.4699.673.0382,2444Europe
South Africa335.3441415.32330.43730.25.006,86191Africa
United Arab Emirates358.8735410.16340.4325.162.2443,53824Asia
Denmark356.0936396.67350.41813.53.8067,9207Europe
Egypt363.2532396.33360.4170.343.333,852123Africa
Philippines361.4934385.74370.40610.63.223,492129Asia
Singapore339.9839378.65380.3997.096.0366,2638Asia
Malaysia337.0140371.11390.3917.533.5011,12569Asia
Hong Kong SAR346.5837369.72400.3891.396.4449,48520Asia
Vietnam343.1138368.00410.3881.723.783,743124Asia
Bangladesh323.0642355.69420.37512.34.602,139149Asia
Chile252.8246331.25430.34924.411.0016,79954South America
Colombia271.5543300.79440.31730.57.615,89296South America
Finland269.5644296.02450.3124.772.9753,52314Europe
Romania248.7247287.28470.3034.947.0014,86458Europe
Czech Republic245.3548276.91480.29210.43.7925,80641Europe
Portugal228.3649251.71490.26525.24.4424,45743Europe
New Zealand209.3850247.64500.2614.075.0648,34921Oceania
World 84,972 94,935 5.8812,284
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GDP (PPP) Ranking
Country/Economy GDP (PPP) (billions of Int. $) Growth (%) GDP per capita (PPP) (Int. $) Continent
2020Rank2021RankSharediff 20212021Rank
China24,191.30127,071.96118.7 %-8.0219,09075Asia
United States20,893.75222,939.58215.9 %4,1325.9769,3758North America
India8,974.74310,181.1737.04 %12,7589.507,314129Asia
Japan5,312.3045,633.5143.89 %4,5482.3644,93534Asia
Germany4,536.5254,843.3953.35 %7903.0558,15018Europe
Russia4,100.4864,447.4863.07 %3964.6930,43156Europe
Indonesia3,301.9173,530.3372.44 %9173.2012,967103Asia
Brazil3,153.1583,437.6182.38 %92.75.2316,16986South America
France3,016.8893,322.3192.30 %1156.2950,87626Europe
United Kingdom2,961.89103,276.14102.27 %46.26.7648,69328Europe
Turkey2,545.94112,873.84111.99 %4028.9533,96350Europe
Italy2,461.30122,697.14121.86 %1775.7745,26732Europe
Mexico2,439.47132,685.25131.86 %11.96.2520,82074North America
Korea2,317.18142,503.40141.73 %1824.2848,30929Asia
Canada1,851.54152,027.37151.40 %4765.6953,08924North America
Spain1,811.09161,984.01161.37 %43.45.7442,07540Europe
Saudi Arabia1,627.75171,734.23171.20 %2502.8448,90827Asia
Taiwan Province of China1,316.03191,443.41180.998 %2915.8661,37115Asia
Australia1,330.47181,427.26190.987 %16.23.5455,49222Oceania
Poland1,296.85201,412.30200.976 %15.05.1237,32342Europe
Egypt1,290.02211,381.06210.955 %31.23.3313,422101Africa
Thailand1,272.54221,331.05220.920 %50.00.9619,02876Asia
Islamic Republic of Iran1,120.21231,189.15230.822 %1422.4613,99397Asia
Pakistan1,074.84241,157.48240.800 %31.73.945,447143Asia
Vietnam1,061.48261,141.30250.789 %16.23.7811,608112Asia
Nigeria1,069.04251,136.80260.786 %4.502.645,377145Africa
Netherlands1,003.81271,079.16270.746 %57.63.7761,81614Europe
Argentina942.23281,049.40280.726 %29.87.5022,89267South America
Philippines919.2929983.12290.680 %66.33.228,900124Asia
Malaysia903.7030969.04300.670 %14.13.5029,04857Asia
Bangladesh870.7931953.39310.659 %15.74.605,733139Asia
South Africa792.3332861.93320.596 %91.55.0014,23993Africa
Colombia729.0633812.80330.562 %49.17.6115,92287South America
United Arab Emirates660.3434699.44340.484 %1132.2474,2456Asia
Switzerland630.3635677.27350.468 %22.23.7178,1125Europe
Romania589.8736653.90360.452 %23.47.0033,83351Europe
Belgium589.7237645.40370.446 %8.505.6455,91920Europe
Singapore560.1239615.29380.425 %30.16.03107,6773Asia
Sweden565.4638609.48390.421 %5.824.0457,42519Europe
Ukraine545.0040584.13400.404 %25.43.4514,14695Europe
Ireland479.4344561.46410.388 %22.713.04111,3602Europe
Kazakhstan501.2141536.34420.371 %25.13.2928,04359Asia
Algeria497.0942532.57430.368 %3.773.4111,829111Africa
Austria493.5943531.41440.367 %1.153.9259,40616Europe
Chile454.6045522.79450.361 %8.6211.0026,51360South America
Hong Kong SAR443.1446488.65460.338 %34.16.4465,40312Asia
Czech Republic436.2347469.07470.324 %19.63.7943,71436Europe
Peru397.9349453.65480.314 %15.410.0413,410102South America
Iraq399.3848428.86490.297 %24.83.6510,415118Asia
Israel380.2950421.81500.292 %7.057.0644,96633Asia
World 131,980 144,636 5.8818,715
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