In this article, we will share the ranking of 193 countries in the world based on their Gross Domestic Product (GDP) during 2018.  We have used the publicly available data from International Monetary Fund (IMF) to rank the countries. We have also provided an analysis based on whether the countries are developed or developing. IMF classifies these countries as ‘advanced economies’ and ’emerging market and developing economies’ respectively (Please see the notes at the bottom). Of the 193 countries, 39 countries classified as advanced economies and the remaining are classified as emerging market and developing economies.

This article is part of a series of articles ranking the countries in the world based on their GDP related indicators. In our other articles, we have provided world GDP per capita rankings , world GDP PPP (purchasing power parity) rankings , world GDP PPP per capita rankings , and world real GDP growth rankings.

World Total GDP 1980-2020

The world total nominal GDP reached $84.7 trillion during 2018. The total GDP of the developed countries (aka advanced economies) was $51.1 trillion during 2018. The total GDP of the developing countries (aka emerging market and developing economies) was $33.7 trillion during 2018.

IMF estimates the world GDP to reach $87.3 trillion during 2019 and $92.3 trillion during 2020. IMF estimates the developed countries total GDP to reach $52.2 trillion during 2019 and $54.5 trillion during 2020. IMF estimates the developing countries total GDP to reach $35.1 trillion during 2019 and $37.8 trillion during 2020.

The chart below provides the developed vs developing world GDP data from 1980 to 2020.

The share of the developed countries in the world total GDP was 60.3% during 2018. The share of the developing countries in the world total GDP was 39.7% during 2018. The share of the developing countries in the world total GDP has been increasing. Twenty years back, during 1999, the share of the developing countries in the world total GDP was 19.7%. So, the share of developing countries in the world total GDP has more than doubled during the past twenty years.

The chart below provides the developed vs developing world GDP share data from 1980 to 2020.

World GDP Ranking

The United States leads the world GDP rankings with 24.2% share of the world total GDP during 2018. The United States is followed by China, Japan, Germany, and the United Kingdom with GDP share of 15.8%, 5.9%, 4.7%, and 3.3% respectively of the world total GDP during 2018. The top-5 countries by GDP account for 53.9% of the world total GDP. The top-10 and top-20 countries account for 67.0% and 80.5% of the world total GDP respectively.

Here are the GDP rankings of the world top-10 economies along with their GDP.

• The United States is ranked 1 with a GDP of $20.5 trillion.
• China is ranked 2 with a GDP of $13.4 trillion.
• Japan is ranked 3 with a GDP of $4.9 trillion.
• Germany is ranked 4 with a GDP of $4.0 trillion.
• The United Kingdom is ranked 5 with a GDP of $2.8 trillion.
• France is ranked 6 with a GDP of $2.8 trillion.
• India is ranked 7 with a GDP of $2.7 trillion.
• Italy is ranked 8 with a GDP of $2.1 trillion.
• Brazil is ranked 9 with a GDP of $1.9 trillion.
• Canada is ranked 10 with a GDP of $1.7 trillion.

The charts below list all the 193 countries as per their GDP rank.

World GDP Ranking - Developed countries

The United States leads the developed world GDP rankings with 40.1% share of the developed world total GDP during 2018. The United States is followed by Japan, Germany, the United Kingdom, and France with GDP share of 9.7%, 7.8%, 5.5%, and 5.4% respectively of the developed world total GDP during 2018. The top-5 countries by GDP account for 68.5% of the developed world total GDP. The top-10 and top-20 countries account for 84.8% and 95.2% of the developed world total GDP respectively. The chart below lists the developed countries as per their GDP rank. The top-7 countries in this list are the G7 (Group of Seven) nations.

World GDP Ranking - Developing countries

China leads the developing world GDP rankings with 39.8% share of the developing world total GDP during 2018. China is followed by India, Brazil, Russia, and Mexico with GDP share of 8.1%, 5.5%, 4.8%, and 3.6% respectively of the developing world total GDP during 2018. The top-5 countries by GDP account for 61.8% of the developing world total GDP. The top-10 and top-20 countries account for 72.6% and 83.8% of the developing world total GDP respectively. The chart below lists the top-40 developing countries as per their GDP rank. The top-4 countries in this list are the BRIC countries.

World GDP Ranking Data Table

The data table below lists the 193 countries in the world along with their GDP rank, GDP, and GDP share of the world total GDP.

Rank	Country Name	GDP (in $billions)	World GDP Share
1	United States	20,494	24.18%
2	China	13,407	15.82%
3	Japan	4,972	5.87%
4	Germany	4,000	4.72%
5	United Kingdom	2,829	3.34%
6	France	2,775	3.28%
7	India	2,717	3.21%
8	Italy	2,072	2.45%
9	Brazil	1,868	2.20%
10	Canada	1,711	2.02%
11	Russia	1,631	1.92%
12	Korea	1,619	1.91%
13	Spain	1,426	1.68%
14	Australia	1,418	1.67%
15	Mexico	1,223	1.44%
16	Indonesia	1,022	1.21%
17	Netherlands	913	1.08%
18	Saudi Arabia	782	0.92%
19	Turkey	766	0.90%
20	Switzerland	704	0.83%
21	Taiwan Province of China	589	0.70%
22	Poland	586	0.69%
23	Sweden	551	0.65%
24	Belgium	533	0.63%
25	Argentina	518	0.61%
26	Thailand	487	0.57%
27	Austria	458	0.54%
28	Islamic Republic of Iran	452	0.53%
29	Norway	435	0.51%
30	United Arab Emirates	425	0.50%
31	Nigeria	397	0.47%
32	Ireland	373	0.44%
33	Israel	370	0.44%
34	South Africa	368	0.43%
35	Hong Kong SAR	363	0.43%
36	Singapore	361	0.43%
37	Malaysia	354	0.42%
38	Denmark	351	0.41%
39	Colombia	333	0.39%
40	Philippines	331	0.39%
41	Pakistan	313	0.37%
42	Chile	298	0.35%
43	Bangladesh	288	0.34%
44	Finland	275	0.32%
45	Egypt	250	0.29%
46	Czech Republic	242	0.29%
47	Vietnam	241	0.28%
48	Romania	240	0.28%
49	Portugal	239	0.28%
50	Iraq	226	0.27%
51	Peru	225	0.27%
52	Greece	219	0.26%
53	New Zealand	203	0.24%
54	Qatar	192	0.23%
55	Algeria	180	0.21%
56	Kazakhstan	171	0.20%
57	Hungary	156	0.18%
58	Kuwait	141	0.17%
59	Ukraine	125	0.15%
60	Morocco	118	0.14%
61	Ecuador	108	0.13%
62	Angola	107	0.13%
63	Slovak Republic	107	0.13%
64	Puerto Rico	104	0.12%
65	Venezuela	98	0.12%
66	Kenya	89	0.11%
67	Sri Lanka	88	0.10%
68	Oman	82	0.10%
69	Dominican Republic	81	0.10%
70	Ethiopia	80	0.09%
71	Guatemala	79	0.09%
72	Luxembourg	69	0.08%
73	Myanmar	69	0.08%
74	Panama	65	0.08%
75	Ghana	65	0.08%
76	Bulgaria	65	0.08%
77	Croatia	61	0.07%
78	Uruguay	60	0.07%
79	Belarus	60	0.07%
80	Costa Rica	59	0.07%
81	Tanzania	58	0.07%
82	Lebanon	56	0.07%
83	Macao SAR	55	0.06%
84	Slovenia	54	0.06%
85	Lithuania	53	0.06%
86	Serbia	51	0.06%
87	Azerbaijan	45	0.05%
88	Turkmenistan	44	0.05%
89	Libya	44	0.05%
90	Côte d'Ivoire	43	0.05%
91	Democratic Republic of the Congo	43	0.05%
92	Jordan	42	0.05%
93	Paraguay	42	0.05%
94	Bolivia	41	0.05%
95	Uzbekistan	41	0.05%
96	Tunisia	40	0.05%
97	Cameroon	39	0.05%
98	Bahrain	38	0.05%
99	Latvia	35	0.04%
100	Sudan	34	0.04%
101	Estonia	30	0.04%
102	Nepal	29	0.03%
103	Uganda	28	0.03%
104	Yemen	27	0.03%
105	Zimbabwe	26	0.03%
106	El Salvador	26	0.03%
107	Iceland	26	0.03%
108	Zambia	25	0.03%
109	Cambodia	25	0.03%
110	Cyprus	24	0.03%
111	Senegal	24	0.03%
112	Honduras	24	0.03%
113	Trinidad and Tobago	22	0.03%
114	Papua New Guinea	21	0.03%
115	Bosnia and Herzegovina	20	0.02%
116	Afghanistan	20	0.02%
117	Botswana	19	0.02%
118	Lao P.D.R.	18	0.02%
119	Mali	17	0.02%
120	Gabon	17	0.02%
121	Georgia	16	0.02%
122	Jamaica	15	0.02%
123	Albania	15	0.02%
124	Malta	15	0.02%
125	Mozambique	14	0.02%
126	Mauritius	14	0.02%
127	Burkina Faso	14	0.02%
128	Brunei Darussalam	14	0.02%
129	Namibia	14	0.02%
130	Equatorial Guinea	14	0.02%
131	Nicaragua	13	0.02%
132	Mongolia	13	0.02%
133	The Bahamas	13	0.02%
134	North Macedonia	13	0.01%
135	Armenia	12	0.01%
136	Madagascar	12	0.01%
137	Guinea	12	0.01%
138	Moldova	11	0.01%
139	Republic of Congo	11	0.01%
140	Chad	11	0.01%
141	Benin	10	0.01%
142	Haiti	10	0.01%
143	Rwanda	10	0.01%
144	Niger	9	0.01%
145	Kyrgyz Republic	8	0.01%
146	Kosovo	8	0.01%
147	Tajikistan	8	0.01%
148	Somalia	7	0.01%
149	Malawi	7	0.01%
150	Eritrea	7	0.01%
151	Montenegro	5	0.01%
152	Togo	5	0.01%
153	Maldives	5	0.01%
154	Mauritania	5	0.01%
155	Barbados	5	0.01%
156	Fiji	5	0.01%
157	Eswatini	5	0.01%
158	South Sudan	4	0.01%
159	Sierra Leone	4	0.01%
160	Guyana	4	0.004%
161	Burundi	3	0.004%
162	Suriname	3	0.004%
163	Liberia	3	0.004%
164	Timor-Leste	3	0.004%
165	Aruba	3	0.003%
166	Lesotho	3	0.003%
167	Bhutan	3	0.003%
168	Djibouti	2	0.003%
169	Central African Republic	2	0.003%
170	Cabo Verde	2	0.002%
171	Belize	2	0.002%
172	St. Lucia	2	0.002%
173	San Marino	2	0.002%
174	Antigua and Barbuda	2	0.002%
175	The Gambia	2	0.002%
176	Seychelles	2	0.002%
177	Guinea-Bissau	1	0.002%
178	Solomon Islands	1	0.002%
179	Grenada	1	0.001%
180	St. Kitts and Nevis	1	0.001%
181	Vanuatu	1	0.001%
182	Samoa	1	0.001%
183	St. Vincent and the Grenadines	1	0.001%
184	Comoros	1	0.001%
185	Dominica	0.5	0.001%
186	Tonga	0.5	0.001%
187	São Tomé and Príncipe	0.4	0.001%
188	Micronesia	0.4	0.0004%
189	Palau	0.3	0.0004%
190	Marshall Islands	0.2	0.0003%
191	Kiribati	0.2	0.0002%
192	Nauru	0.1	0.0001%
193	Tuvalu	0.05	0.0001%

Notes

1. Data Source:  International Monetary Fund (IMF) World Economic Outlook (WEO) database, April 2019 edition.

2. How does the WEO categorize advanced versus emerging market and developing economies? As per IMF, “The main criteria used by the WEO to classify the world into advanced economies and emerging market and developing economies are (1) per capita income level, (2) export diversification, and (3) degree of integration into the global financial system.  Note, however, that these are not the only factors considered in deciding the classification of countries. This classification has evolved over time. The objective is to facilitate analysis by providing a reasonably meaningful method of organizing data. Reclassification only happens when something marked changes or the case for change in terms of the three criteria above becomes overwhelming.”