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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 million
  8. Philippines: $376 million
  9. Singapore: $372 million
  10. Hong Kong: $365 million
  11. Malaysia: $364 million
  12. Bangladesh: $302 million
  13. Pakistan: $278 million
  14. Vietnam: $261 million

Taiwan, China has a GDP of $610 million 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 million1.03%
18Saudi Arabia$792 million0.90%
19Turkey$761 million0.87%
20Switzerland$703 million0.80%
21Poland$595 million0.68%
22Thailand$543 million0.62%
23Belgium$533 million0.61%
24Sweden$530 million0.60%
25Iran$453 million0.52%
26Nigeria$448 million0.51%
27Argentina$445 million0.51%
28Austria$445 million0.51%
29United Arab Emirates$421 million0.48%
30Norway$403 million0.46%
31Israel$394 million0.45%
32Ireland$388 million0.44%
33Philippines$376 million0.43%
34Singapore$372 million0.42%
35Hong Kong SAR, China$365 million0.42%
36Malaysia$364 million0.42%
37South Africa$351 million0.40%
38Denmark$350 million0.40%
39Colombia$323 million0.37%
40Egypt, Arab Rep.$303 million0.35%
41Bangladesh$302 million0.34%
42Chile$282 million0.32%
43Pakistan$278 million0.32%
44Finland$269 million0.31%
45Vietnam$261 million0.30%
46Czech Republic$250 million0.29%
47Romania$250 million0.28%
48Portugal$238 million0.27%
49Iraq$234 million0.27%
50Peru$226 million0.26%
Total$77.1 trillion87.84%

 

Source: World Bank, Caproasia Institute

 

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