List of Countries by GDP 2023 | Nominal | PPP

GDP by Country 2023

Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. GDP can be computed on a nominal basis or a real basis, the latter accounting for inflation.

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 exchange rates of the country’s currency.

So 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.

According to The International Monetary Fund Estimates, In the year 2023 The United States of America is Top Country by GDP nominal and China is the top country by GDP (PPP).

List of countries by GDP (nominal)

The United States has the highest GDP (Current Prices) among World Countries. As per the IMF, the estimated GDP nominal of the United States in 2023 will be $  26,695.15 billion. Next, comes China ($21,865.48 Bn) followed by Japan ($5,291.35Bn), Germany($4,564.78 Bn), and India ($3,893.67Bn)

Let’s have a look at the Top 100 Countries by GDP (nominal) in USD.

#CountryGDP nominal 2023 ($US Billion)
1United States26,695.15
2China21,865.48
3Japan5,291.35
4Germany4,564.78
5India3,893.67
6United Kingdom3,686.94
7France3,086.23
8Canada2,362.32
9Italy2,169.38
10Brazil1,980.48
11Korea1,919.56
12Australia1,828.39
13Islamic Republic of Iran1,782.60
14Russia1,713.15
15Spain1,519.09
16Indonesia1,410.75
17Mexico1,379.73
18Netherlands1,072.79
19Saudi Arabia1,021.91
20Taiwan Province of China892.52
21Switzerland888.20
22Poland755.65
23Turkey714.31
24Sweden669.87
25Belgium639.72
26Nigeria580.12
27Argentina573.63
28Ireland562.13
29Thailand556.37
30Norway549.73
31Israel547.77
32Austria518.81
33United Arab Emirates506.23
34Malaysia481.99
35Vietnam462.64
36Singapore451.00
37Egypt450.36
38South Africa447.72
39Philippines445.83
40Bangladesh438.44
41Denmark419.27
42Hong Kong SAR391.34
43Colombia370.47
44Chile351.04
45Czech Republic318.94
46Finland314.50
47Romania312.69
48Iraq299.41
49New Zealand276.72
50Portugal267.24
51Peru257.96
52Greece234.81
53Qatar228.36
54Kazakhstan225.93
55Hungary219.46
56Algeria199.38
57Kuwait180.67
58Morocco142.97
59Angola133.34
60Slovak Republic131.05
61Puerto Rico121.07
62Ecuador120.25
63Kenya119.13
64Dominican Republic116.54
65Ethiopia116.25
66Oman110.25
67Bulgaria97.80
68Guatemala95.99
69Luxembourg91.77
70Sri Lanka87.12
71Tanzania86.15
72Turkmenistan84.89
73Uzbekistan81.81
74Côte d’Ivoire80.34
75Ghana78.89
76Panama76.55
77Lithuania75.99
78Croatia75.83
79Myanmar73.54
80Azerbaijan72.91
81Serbia72.59
82Democratic Republic of the Congo71.49
83Slovenia69.89
84Costa Rica68.18
85Uruguay66.99
86Belarus60.19
87Jordan50.46
88Uganda50.10
89Venezuela49.82
90Cameroon49.52
91Bahrain45.42
92Libya45.20
93Macao SAR44.86
94Paraguay44.67
95Bolivia43.35
96Latvia43.13
97Estonia40.10
98Nepal39.03
99Zimbabwe34.65
100Sudan33.20

*estimates for Afghanistan, Lebanon, Pakistan, Syria, Tunisia, and  Ukraine are not available.

Source: International Monetary Fund, World Economic Outlook Database

List of countries by GDP (PPP)

China has the highest GDP (PPP) among World Countries. As per the IMF, the estimated GDP (PPP) of China in 2023 will be $  32661.12 billion. Next, comes the US ($26695 Bn) followed by India($12932 Bn), Japan ($6,439 Bn), and Germany ($5575 Bn)

Let’s have a look at the Top 100 Countries by GDP (PPP) at current prices in USD.

#Country GDP PPP 2023 ($US Billion)
1China32661.126
2United States26695.15
3India12931.937
4Japan6439.205
5Germany5575.882
6Russia4393.698
7Indonesia4361.948
8United Kingdom3910.719
9Brazil3844.36
10France3839.354
11Turkey3409.063
12Italy3112.229
13Mexico3051.967
14Korea2900.87
15Canada2367.516
16Spain2351.186
17Saudi Arabia2137.752
18Taiwan Province of China1699.499
19Australia1693.977
20Egypt1690.489
21Poland1669.395
22Islamic Republic of Iran1653.453
23Thailand1585.228
24Pakistan1576.501
25Vietnam1411.823
26Nigeria1347.041
27Argentina1268.425
28Netherlands1263.045
29Philippines1252.267
30Bangladesh1226.153
31Malaysia1183.942
32Colombia1004.126
33South Africa979.648
34United Arab Emirates833.096
35Switzerland772.369
36Romania753.69
37Belgium747.135
38Singapore743.482
39Sweden713.372
40Ireland685.172
41Kazakhstan634.552
42Algeria618.272
43Austria617.591
44Chile588.222
45Hong Kong SAR564.194
46Iraq558.551
47Czech Republic547.42
48Peru545.075
49Israel509.647
50Norway447.832
51Portugal441.327
52Denmark425.309
53Hungary425.167
54Greece400.065
55Ethiopia375.82
56Sri Lanka360.703
57Morocco357.069
58Uzbekistan352.428
59Finland336.658
60Kenya334.722
61Qatar317.986
62Dominican Republic275.684
63New Zealand275.016
64Myanmar273.036
65Kuwait259.163
66Angola257.804
67Ecuador241.153
68Ghana234.6
69Slovak Republic228.33
70Tanzania223.917
71Sudan221.931
72Bulgaria210.322
73Belarus208.577
74Guatemala197.946
75Côte d’Ivoire197.891
76Azerbaijan185.644
77Oman175.505
78Serbia175.25
79Panama171.537
80Venezuela167.413
81Croatia155.361
82Nepal151.076
83Uganda141.972
84Democratic Republic of the Congo140.29
85Lithuania137.01
86Puerto Rico136.508
87Costa Rica136.126
88Libya133.674
89Cameroon132.693
90Jordan129.749
91Bolivia125.908
92Turkmenistan124.291
93Paraguay115.768
94Slovenia108.65
95Uruguay100.55
96Cambodia95.822
97Luxembourg95.204
98Bahrain92.444
99Senegal81.385
100Zambia80.786

*estimates for Afghanistan, Lebanon, Syria, Tunisia, and  Ukraine are not available.

Source: International Monetary Fund, World Economic Outlook Database