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2020 Top 10 Largest Economy in the World by GDP

Caproasia Institute releases the data for the Top 10 Largest Economy in The World by GDP for 2020.  Find out more below:

Which are the top 10 largest economy in the world in 2020?  What is the size of their economy?  What is their GDP?  What is the size of the economy of United States and China in 2020?  How big is the top 10 largest economy in the world in 2020?

  • Which are the top 10 largest economy in the world in 2020?
  • What is the size of their economy?
  • What is their GDP?
  • What is the size of the economy of United States and China in 2020?
  • How big is the top 10 largest economy in the world in 2020?

GDP stands for Gross Domestic Product.  GDP calculates the value of all products & services produced by a country.  It also represents the total economy or economic output of a country.


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” In 2020, the total global economy (GDP) is around $87.7 trillion “

 

Top 3: United States, China, Japan (46.54%)

New York City, United States

In 2020, the total global economy (GDP) is around $87.7 trillion.

The largest economy is United States with $21.4 trillion GDP, representing 24.41% (almost a quarter) of global GDP in 2020.  The 2nd largest economy is China with $14.3 trillion, representing 16.34% of global GDP.  The 3rd largest economy is Japan with $5.08 trillion, representing 5.79% of global GDP.

  1. United States: $21.4 trillion
  2. China: $14.3 trillion
  3. Japan: $5.08 trillion

Both United States and China combined for a total GDP of $35.7 trillion, representing 40.75% of global GDP.

The top 3 largest economy in 2020 – United States, China and Japan combined for a total GDP of $40.78 trillion, representing 46.54% of global GDP.

 

Top 5: Germany & India (54.21%)

Germany, 4th largest economy by GDP in 2020

The 4th largest economy is Germany with $3.86 trillion, representing 4.40% of global GDP.  The 5th largest economy is India with $2.86 trillion, representing 3.27% of global GDP.

  1. United States: $21.4 trillion
  2. China: $14.3 trillion
  3. Japan: $5.08 trillion
  4. Germany: $3.86 trillion
  5. India: $2.86 trillion

The top 5 largest economy in 2020 – United States, China, Japan, Germany and India combined for a total GDP of $47.5 trillion, representing 54.21% (more than half) of global GDP.

 

Top 10: UK, France, Italy, Brazil, Canada (66.87%)

The 6th largest economy is United Kingdom with $2.82 trillion, representing 3.22% of global GDP.  The 7th largest economy is France with $2.71 trillion, representing 3.09% of global GDP.  The 8th largest economy is Italy with $2 trillion, representing 2.28% of global GDP.

The 9th largest economy is Brazil with $1.83 trillion, representing 2.10% of global GDP.  The 10th largest economy is Canada with $1.73 trillion, representing 1.98% of global GDP.

  1. United States: $21.4 trillion
  2. China: $14.3 trillion
  3. Japan: $5.08 trillion
  4. Germany: $3.86 trillion
  5. India: $2.86 trillion
  6. United Kingdom: $2.82 trillion
  7. France: $2.71 trillion
  8. Italy: $2 trillion
  9. Brazil: $1.83 trillion
  10. Canada: $1.73 trillion

The top 10 largest economy in 2020 – United States, China, Japan, Germany and India, United Kingdom, France, Italy, Brazil and Canada combined for a total GDP of $58.7 trillion, representing 66.87% of global GDP.

 

2020 Top 10 Largest Economy in the World by GDP – Table

Rank Country GDP (2020) GDP (%)
1 United States $21.4 trillion 24.41%
2 China $14.3 trillion 16.34%
3 Japan $5.08 trillion 5.79%
4 Germany $3.86 trillion 4.40%
5 India $2.86 trillion 3.27%
6 United Kingdom $2.82 trillion 3.22%
7 France $2.71 trillion 3.09%
8 Italy $2.00 trillion 2.28%
9 Brazil $1.83 trillion 2.10%
10 Canada $1.73 trillion 1.98%
Total $58.7 trillion 66.87%

 

Source: World Bank, Caproasia Institute

 

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