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Which Countries Have the Highest GDP?
L. S. Wynn
L. S. Wynn
GDP stands for Gross Domestic Product. A nation's Gross Domestic Product refers to the value of all final goods and services produced within a nation in a given year. To prevent distortions, a system called purchasing power parity (PPP) is used to calculate the GDP estimates. The PPP method involves the use of standardized international dollar price weights to determine the value goods and services produced in a given economy. The amounts listed below are in billions of U.S. dollars.
| country | GDP in billions of US dollars | |
| United States | 10,400 |  |
| China | 5,700 | |
| Japan | 3,550 | |
| India | 2,660 | |
| Germany | 2,180 | |
| France | 1,540 | |
| United Kingdom | 1,520 | |
| Italy | 1,440 | |
| Brazil | 1,340 | |
| Russia | 1,270 | |
| South Korea | 931 | |
| Canada | 923 | |
| Mexico | 900 | |
| Spain | 828 | |
| Indonesia | 687 | |
| Australia | 528 | |
| Turkey | 468 | |
| Iran | 456 | |
| Netherlands | 434 | |
| South Africa | 432 | |
| Thailand | 429 | |
| Argentina | 391 | |
| Taiwan | 391 | |
| Poland | 368 | |
| Philippines | 356 | |
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![The People's Republic of China is often near the top of the list of countries with the highest GDP.]()
By: Franck ThomasseThe People's Republic of China is often near the top of the list of countries with the highest GDP. -
![Mexico has a gross domestic product of $900 billion USD ranking it 13th in the world.]()
By: StocksnapperMexico has a gross domestic product of $900 billion USD ranking it 13th in the world. -
![Japan has the third highest GDP in the world.]()
By: PaylessimagesJapan has the third highest GDP in the world. -
![Brazil's GDP is the highest in South America and the ninth highest in the world.]()
By: BastosBrazil's GDP is the highest in South America and the ninth highest in the world. -
![Spain has one of the 20 highest GDPs in the world.]()
By: believeinme33Spain has one of the 20 highest GDPs in the world. -
![Germany ranks fifth in the world in gross domestic product.]()
By: believeinme33Germany ranks fifth in the world in gross domestic product. -
![South Korea has one of the 20 highest GDPs.]()
By: SeanPavonePhotoSouth Korea has one of the 20 highest GDPs. -
![Thailand's GDP is among the 25 highest in the world.]()
By: IndianSummerThailand's GDP is among the 25 highest in the world. -
![India has one of the highest GDPs in the world.]()
By: TupungatoIndia has one of the highest GDPs in the world.
Discussion Comments
Yes, I agree with Lemmings. There are some factors that we need to mention when we calculate it. Some countries are bigger compare with other countries. Ex. US and Taiwan. If we calculate the size and population of between these two countries, we can see that's not accurate. With Taiwan's population and country size, Taiwan would be richer than the US.
-Mike H.
It's hard to get an accurate picture of how rich a country actually is from this, because some countries are so much bigger than others. It's easier to see when it's broken down into average per person.
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