List of per capita nominal GDP for countries and dependencies. So, based on PPPs, the Chinese economy is bigger than the US economy. On a nominal basis, the US is ahead of China by $5.59 trillion in 2020 compared to $6.70 trillion in 2019. International Monetary Fund (2020 estimates): World Bank (2019): United Nations (2019) This rate is 57 -tenths of one percent less than the previous year, when changed 2.2%. According to this measure, 10 largest economies in the world are China, the United States, India, Japan, Germany, Russia, Indonesia, Brazil, the United Kingdom, and France. According to this measure, 10 largest economies in the world are China, the United States, India, Japan, Germany, Russia, Indonesia, Brazil, the United Kingdom, and France. California, for instance, blossomed in 2017 as the fifth largest economy in the world, boasting a GDP larger than that of countries like the U.K., France and India. However, competitiveness for Sts. So, their GDP should be the same and should equal the cost of the Big Mac. Jamaica (/ dʒ ə ˈ m eɪ k ə / ()) is an island country situated in the Caribbean Sea.Spanning 10,990 square kilometres (4,240 sq mi) in area, it is the third-largest island of the Greater Antilles and the Caribbean (after Cuba and Hispaniola). Vietnam gdp per capita for 2016 was $2,192, a 5.14% increase from 2015. Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema. GDP growth (annual %) GDP (constant 2010 US$) GDP (constant LCU) GDP: linked series (current LCU) GDP, PPP (constant 2017 international $) GDP (current LCU) GDP, PPP (current international $) GDP per capita growth (annual %) Download. In 2019, Germany's gross domestic product (GDP) amounted to 3,435.76 billion euros. 192 countries from around the world are ranked by GDP measured in US dollars and PPPs from 1980 to 2019. Online tool for visualization and analysis. 2020年gdp排名预测. To make it clear, let's assume that the US and Russia, for example,  produce only one Big Mac a year each. GDP per Capita by Country | Forecast from IMF | 2020-2024. Also, it is the most powerful economy in the eurozone. The conversion rate which equalizes the prices in the two countries is known as the Purchasing Power Parity (PPP). Are you sure you want to delete this page? Search and explore the world’s largest statistical database to find data. Using current exchange rates to convert national currencies to US dollars is popular because data on exchange rates are easily accessible but it has a significant drawback. Gross domestic product ranking table. Gross Domestic Product of Spain fell -11% in 2020 compared to last year. Report 2019 Travel and Tourism at a Tipping Point. In Q3 2020, the Argentine economy contracted by -10.2%, Ghana -1.1%, Nigeria -3.62%, while the Sri Lankan economy grew slightly by +1.5% (see Chart 6). Unable to delete the page because it has shortcuts referencing it at the following locations: Please delete these shortcuts first, then delete page itself. Historical GDP by Country | Statistics from the World Bank | 1960-2018. #1 Singapore. However, the size of its GDP in terms of purchasing power parity is $4.17 trillion while its GDP per capita is $44,549.69. 2017年gdp世界排名; 2021年gdp世界排名 This rate is 130 -tenths of one percent less than the previous year, when changed 2%. The data on GDP by country from the World Bank presented on this page covers the period for the last half of the century. GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and … However, if we use the current exchange rate of 63 rubles per dollar, Russia GDP will be only $2. The GDP value of Nigeria represents 0.37 percent of the world economy. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. Conversion can be made using current exchange rates or Purchasing Power Parities (PPPs). This page presents GDP forecast figures by country for the period from 2020 to 2024 as estimated by the IMF in its latest edition of World Economic... Knoema, an Eldridge business, is the most comprehensive source of global decision-making data in the world. Not all functionalities will work in Internet Explorer.x, World Development Indicators, The World Bank, Year to year changes in the nominal level of output or income of an economy are affected by a combination of forces: real growth, price inflation, and exchange rates. One may want to compare countries by GDP to understand which countries are "richest" or have larger markets, i.e. The US and China's margin is coming down in nominal ranking as China's gdp growth rate of 2020 (1.85%) is much higher than the US's -4.27%. It shows the total value of all goods and services sold in a country within a particular period of time. © 2020 The World Bank Group, All Rights Reserved. The country is among the world’s largest producers of iron, steel, coal, chemicals, machinery, automobiles, and machine tools. You can change your personal cookie settings through your internet browser settings. Our tools allow individuals and organizations to discover, visualize, model, and present their data and the world’s data to facilitate better decisions and better outcomes. Pakistan’s economic freedom score is 54.8, making its economy the 135th freest in the 2020 Index. Okay to continue World and regional statistics, national data, maps and rankings, Discover new signals and insights from leading alternative and fundamental data providers, Latest releases of new datasets and data updates from different sources around the world. 2019年gdp按购买力平价世界排名 预测. Vietnam gdp per capita for 2018 was $2,567, a 8.5% increase from 2017. Gross Domestic Product of United States fell -3.5% in 2020 compared to last year. Confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more. France had a GDP of $2.72 trillion in 2019, ranking seventh in the world. To make international comparisons possible, GDP should be converted into a single currency because initially, all countries report their GDP in different national currencies. Luxembourg is the top country by GDP per capita based on PPP in the world. Tourism is an important industry and France receives the most visitors of any country each year. 2019. The GDP figure in 2020 was €18,326,738 $20,932,800 million, United States is the world's leading economy with regard to GDP, as can be seen in the ranking of GDP of the 196 countries that we publish. Using this conversion rate, GDP of Russia and the US will be the same and will equal $6 dollars. So, based on PPPs, the, Worldwide: COVID-19 Vaccination Progress Report, Quiver Quantitative | WallStreetBets and Market Dynamics, Chinese economy is bigger than the US economy. Like the Q3 GDP trends in advanced and emerging economies, frontier economies also recorded contractions in their GDP, but it was less steep when compared to the previous quarters. 2018年gdp排名预测. Read More . 192 countries from around the world are ranked by GDP measured in US dollars and PPPs from 1980 to 2019. They were placed on your computer when you launched this website. Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. The GDP figure in 2020 was €1,119,976 $1,279,237 million, Spain is number 15 in the ranking of GDP of the 196 countries that we publish. Aztec multilatinas: characteristics and strategies of Mexican multinationals, “As far as the government is a good government, it is democratic”: Citizenship education in China, https://www.emeraldinsight.com/doi/abs/10.1108/RIBS-06-2017-0046, https://journals.sagepub.com/doi/abs/10.1177/2047173416631140. CSV XML EXCEL. Gross Domestic Product, or GDP, measures the economy size of a country. It shows the total value of all goods and … Historical GDP per Capita by Country | Statistics from the World Bank | 1960-2018. The top 5 countries also includes Singapore, Qatar, Ireland, and Switzerland. The only way to know how a country’s economy is healthy is through their Gross Domestic Product (GDP) that refers to the monetary measure of the … 世界gdp排名. The conversion rate which equalizes the prices in the two countries is known as the Purchasing Power Parity (PPP). Germany is thus among the leading five countries in the world GDP ranking… 402 PLW 199 Palau 284 MHL 200 Marshall Islands 221 KIR 201 Kiribati 195 NRU 202 Nauru 118 The Gross Domestic Product (GDP) in Nigeria was worth 448.10 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. But some contribute more than others. where more goods and services are sold and bought. ... No Change in Rank from 2019. The absolute value of GDP in Spain dropped €124,781 $115,033 million with respect to 2019. Integrate your data with the world’s data in a personalized and collaborative environment, purpose-built to support your organizational objectives. World's 10 largest economies in 2019 as measured in US dollars using current exchange rates are the United States, China, Japan, Germany, India, United Kingdom, France, Italy, Brazil, and Canada. Correct exchange rate, in turn, should equalize the price levels in two countries. The Adventure subranking had a 2%t weight in the overall Best Countries ranking. Year to year changes in the nominal level of output or income of an economy are affected by a combination of forces: real growth, price inflation, and exchange rates. Curated by Knoema’s data analysts to deliver leading short-term and long-term indicators and forecasts from trusted sources for each of the covered industries. The list of countries by GDP showed on this page is based on the latest data from the World Economic Outlook by the International Monetary Fund. Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database. What country has the highest GDP? Live data and insights on Coronavirus outbreak around the world, including detailed statistics for the US, Italy, EU, and China. U.S. economic growth depends heavily on the performance of individual states. The list of countries by GDP showed on this page is based on the latest data from the World Economic Outlook by the International Monetary Fund. Due to the difference in price levels, it costs 130 Rubles in Russia and 6$ in the US. Gross Domestic Product, or GDP, measures the economy size of a country. This site works best in Chrome, Edge, Firefox or Safari web browsers. Estimation of a country's gross domestic product shows the size of its economy but does not show how wealthy on average are individuals of that... GDP Forecast by Country | Statistics from IMF | 2020-2024. Vietnam gdp per capita for 2017 was $2,366, a 7.91% increase from 2016. Its overall score has decreased by 0.2 point because of a drop in the fiscal health score. Changes in any of the three can affect an economy's relative size and, therefore, its ra. Vietnam gdp per capita for 2019 was $2,715, a 5.79% increase from 2018. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.Nominal GDP does not take into account differences in the cost of living in different countries, and the results … Insight Report The Travel & Tourism Competitiveness Report 2019 ... tremendous returns, from increases to GDP and labour absorption, to local economic development for more remote communities. Meanwhile, Alaska, a state with valuable natural resources, is struggling with the … This statistic shows a gross domestic product (GDP) ranking by country in 2017. GDP in Nigeria averaged 130.66 USD Billion from 1960 until 2019, reaching an all time high of 568.50 USD Billion in 2014 and … Gross domestic product 2019 (millions of Ranking Economy US dollars) TON 196 Tonga 450 STP 197 São Tomé and Principe 429 FSM 198 Micronesia, Fed. Are you sure you want to delete this document? DataBank. Read More About SingaporeSingapore’s economic freedom score is 89.4, making it the world’s freest economy in the 2020 Index.Its overall score is unchanged from 2019, with a … Highest Gdp In The World- Our focus in this piece of writing is on Countries with Highest GDP in the World.Some country’s economy is doing well than the other which has caused a varying gap in their marketplace. Using current exchange rates for country comparisons by GDP is not correct because exchange rates are often significantly overestimated or underestimated compared to their "correct levels". Our website uses cookies to improve your online experience. So, the "correct" conversion rate equalizing price levels should be 22 Rubles per 1 USD. As of 2020, GDP per capita based on PPP in Luxembourg was 112,875 international dollars.