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2020 Top 50 Largest Country in the World by GDP

Caproasia Institute releases the data for the Top 50 Largest Country in The World by GDP for 2020.  Find out more below:

Which are the top 50 largest country in the world by GDP 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 50 largest economy in the world in 2020?

  • Which are the top 50 largest economy in the world by GDP 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 50 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.

 

Top 50: $77.1 trillion and 87.84% of Global GDP

The top 50 largest economy in 2020 combined for a total GDP of $77.1 trillion, representing 87.84% of global GDP of $87.7 trillion.  See below table for the top 50 largest economy in 2020.

 

16 Countries with More than a Trillion GDP

16 countries have a GDP of at least $1 trillion in 2020.  The 16 countries are United States, China, Japan, Germany and India, United Kingdom, France, Italy, Brazil, Canada, Russia, South Korea, Australia, Spain, Mexico, and Indonesia.   The 16 countries have a combined GDP of $67.2 trillion, representing 75.31% (3 quarter) of global GDP of $87.7 trillion.

  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
  11. Russia: $1.69 trillion
  12. South Korea: $1.64 trillion
  13. Australia: $1.39 trillion
  14. Spain: $1.39 trillion
  15. Mexico: $1.26 trillion
  16. Indonesia: $1.11 trillion

 

14 Countries are in Asia-Pacific

14 Countries are in top 50 largest economy in 2020 are from Asia-Pacific.  The 14 counties are China, Japan, India, South Korea, Australia, Indonesia, Thailand, Philippines, Singapore, Hong Kong, Malaysia, Bangladesh, Pakistan and Vietnam.  The 14 countries have a combined GDP of $29.3 trillion, representing 33.47% of global GDP of $87.7 trillion.

  1. China: $14.3 trillion
  2. Japan: $5.08 trillion
  3. India: $2.86 trillion
  4. South Korea: $1.64 trillion
  5. Australia: $1.39 trillion
  6. Indonesia: $1.11 trillion
  7. Thailand: $543 billion
  8. Philippines: $376 billion
  9. Singapore: $372 billion
  10. Hong Kong: $365 billion
  11. Malaysia: $364 billion
  12. Bangladesh: $302 billion
  13. Pakistan: $278 billion
  14. Vietnam: $261 billion

Taiwan (China) has a GDP of $610 billion and is included in the GDP of China with $14.3 trillion.

 

2020 Top 50 Largest Country in the World by GDP – Table

RankCountryGDP (2020)GDP (%)
1United States$21.4 trillion24.41%
2China$14.3 trillion16.34%
3Japan$5.08 trillion5.79%
4Germany$3.86 trillion4.40%
5India$2.86 trillion3.27%
6United Kingdom$2.82 trillion3.22%
7France$2.71 trillion3.09%
8Italy$2.00 trillion2.28%
9Brazil$1.83 trillion2.10%
10Canada$1.73 trillion1.98%
11Russia$1.69 trillion1.94%
12South Korea$1.64 trillion1.88%
13Australia$1.39 trillion1.59%
14Spain$1.39 trillion1.59%
15Mexico$1.26 trillion1.45%
16Indonesia$1.11 trillion1.27%
17Netherlands$907 billion1.03%
18Saudi Arabia$792 billion0.90%
19Turkey$761 billion0.87%
20Switzerland$703 billion0.80%
21Poland$595 billion0.68%
22Thailand$543 billion0.62%
23Belgium$533 billion0.61%
24Sweden$530 billion0.60%
25Iran$453 billion0.52%
26Nigeria$448 billion0.51%
27Argentina$445 billion0.51%
28Austria$445 billion0.51%
29United Arab Emirates$421 billion0.48%
30Norway$403 billion0.46%
31Israel$394 billion0.45%
32Ireland$388 billion0.44%
33Philippines$376 billion0.43%
34Singapore$372 billion0.42%
35Hong Kong SAR, China$365 billion0.42%
36Malaysia$364 billion0.42%
37South Africa$351 billion0.40%
38Denmark$350 billion0.40%
39Colombia$323 billion0.37%
40Egypt, Arab Rep.$303 billion0.35%
41Bangladesh$302 billion0.34%
42Chile$282 billion0.32%
43Pakistan$278 billion0.32%
44Finland$269 billion0.31%
45Vietnam$261 billion0.30%
46Czech Republic$250 billion0.29%
47Romania$250 billion0.28%
48Portugal$238 billion0.27%
49Iraq$234 billion0.27%
50Peru$226 billion0.26%
Total$77.1 trillion87.84%

 

Source: World Bank, Caproasia Institute

 

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