GDP (constant 2010 US$) - Country Ranking

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 United States 16,887,500,000,000.00 2016
2 China 9,504,210,000,000.00 2016
3 Japan 6,047,890,000,000.00 2016
4 Germany 3,781,700,000,000.00 2016
5 France 2,810,530,000,000.00 2016
6 United Kingdom 2,753,790,000,000.00 2016
7 India 2,464,930,000,000.00 2016
8 Brazil 2,248,110,000,000.00 2016
9 Italy 2,083,320,000,000.00 2016
10 Canada 1,822,740,000,000.00 2016
11 Russia 1,654,430,000,000.00 2016
12 Spain 1,464,510,000,000.00 2016
13 Australia 1,343,180,000,000.00 2016
14 Korea 1,304,660,000,000.00 2016
15 Mexico 1,238,150,000,000.00 2016
16 Turkey 1,122,480,000,000.00 2016
17 Indonesia 1,037,690,000,000.00 2016
18 Netherlands 890,136,000,000.00 2016
19 Saudi Arabia 690,550,000,000.00 2016
20 Switzerland 642,090,000,000.00 2016
21 Poland 572,056,000,000.00 2016
22 Sweden 560,387,000,000.00 2016
23 Iran 540,581,000,000.00 2016
24 Belgium 515,557,000,000.00 2016
25 Norway 472,766,000,000.00 2016
26 Nigeria 456,775,000,000.00 2016
27 Argentina 445,227,000,000.00 2016
28 Venezuela 421,392,000,000.00 2014
29 South Africa 419,499,000,000.00 2016
30 Austria 419,081,000,000.00 2016
31 Thailand 406,424,000,000.00 2016
32 United Arab Emirates 378,796,000,000.00 2016
33 Colombia 366,159,000,000.00 2016
34 Denmark 347,520,000,000.00 2016
35 Malaysia 344,052,000,000.00 2016
36 Ireland 332,361,000,000.00 2016
37 Singapore 294,947,000,000.00 2016
38 Israel 287,808,000,000.00 2016
39 Philippines 284,477,000,000.00 2016
40 Hong Kong SAR, China 269,812,000,000.00 2016
41 Chile 268,998,000,000.00 2016
42 Egypt 260,694,000,000.00 2016
43 Finland 251,815,000,000.00 2016
44 Greece 244,481,000,000.00 2016
45 Portugal 231,562,000,000.00 2016
46 Czech Republic 231,340,000,000.00 2016
47 Pakistan 227,748,000,000.00 2016
48 Iraq 211,894,000,000.00 2016
49 Romania 198,283,000,000.00 2016
50 Algeria 196,035,000,000.00 2016
51 Peru 193,484,000,000.00 2016
52 Kazakhstan 188,309,000,000.00 2016
53 New Zealand 172,900,000,000.00 2016
54 Qatar 170,663,000,000.00 2016
55 Bangladesh 167,771,000,000.00 2016
56 Vietnam 164,105,000,000.00 2016
57 Hungary 147,183,000,000.00 2016
58 Kuwait 142,857,000,000.00 2016
59 Ukraine 124,000,000,000.00 2016
60 Morocco 114,784,000,000.00 2016
61 Slovak Republic 104,679,000,000.00 2016
62 Angola 103,228,000,000.00 2016
63 Puerto Rico 93,303,550,000.00 2013
64 Ecuador 85,056,520,000.00 2016
65 Sri Lanka 79,706,950,000.00 2016
66 Sudan 76,149,480,000.00 2016
67 Myanmar 74,469,830,000.00 2016
68 Cuba 73,868,700,000.00 2015
69 Dominican Republic 73,573,880,000.00 2016
70 Oman 71,694,780,000.00 2015
71 Luxembourg 63,207,260,000.00 2016
72 Uzbekistan 62,469,090,000.00 2016
73 Croatia 60,328,290,000.00 2016
74 Belarus 59,112,580,000.00 2016
75 Azerbaijan 57,195,530,000.00 2016
76 Bulgaria 56,792,410,000.00 2016
77 Kenya 55,394,740,000.00 2016
78 Ethiopia 52,347,230,000.00 2016
79 Guatemala 51,409,070,000.00 2016
80 Slovenia 50,511,750,000.00 2016
81 Tunisia 48,639,090,000.00 2016
82 Uruguay 48,250,520,000.00 2016
83 Ghana 48,167,550,000.00 2016
84 Costa Rica 47,184,040,000.00 2016
85 Tanzania 46,776,370,000.00 2016
86 Lithuania 45,591,190,000.00 2016
87 Panama 44,304,200,000.00 2016
88 Lebanon 42,911,390,000.00 2016
89 Serbia 41,308,010,000.00 2016
90 Turkmenistan 39,563,380,000.00 2016
91 Côte d'Ivoire 36,794,320,000.00 2016
92 Cameroon 35,051,980,000.00 2016
93 Macao SAR, China 31,533,600,000.00 2016
94 Jordan 30,811,670,000.00 2016
95 Bahrain 30,779,220,000.00 2015
96 Dem. Rep. Congo 30,571,060,000.00 2016
97 Latvia 28,853,580,000.00 2016
98 Libya 28,357,140,000.00 2011
99 Uganda 27,483,050,000.00 2016
100 Zambia 26,998,750,000.00 2016
101 Bolivia 26,758,340,000.00 2016
102 Paraguay 26,400,620,000.00 2016
103 Cyprus 24,225,910,000.00 2016
104 El Salvador 24,128,090,000.00 2016
105 Estonia 23,808,680,000.00 2016
106 Trinidad and Tobago 22,192,970,000.00 2016
107 Afghanistan 20,663,920,000.00 2016
108 Nepal 19,856,630,000.00 2016
109 Papua New Guinea 19,696,490,000.00 2016
110 Honduras 19,481,560,000.00 2016
111 Gabon 18,945,470,000.00 2016
112 Bosnia and Herzegovina 18,912,860,000.00 2016
113 Yemen 18,748,090,000.00 2016
114 Cambodia 17,009,390,000.00 2016
115 Botswana 16,839,090,000.00 2016
116 Senegal 16,833,350,000.00 2016
117 Iceland 16,249,290,000.00 2016
118 Georgia 15,189,610,000.00 2016
119 Equatorial Guinea 14,997,610,000.00 2016
120 Namibia 14,990,400,000.00 2016
121 Mozambique 14,858,350,000.00 2016
122 Zimbabwe 14,818,990,000.00 2016
123 Congo 14,342,390,000.00 2016
124 Jamaica 13,801,800,000.00 2016
125 Albania 13,474,440,000.00 2016
126 Mali 13,421,820,000.00 2016
127 Brunei 13,301,460,000.00 2016
128 Chad 12,424,110,000.00 2016
129 Mauritius 12,409,840,000.00 2016
130 Burkina Faso 12,379,490,000.00 2016
131 Nicaragua 11,970,060,000.00 2016
132 Mongolia 11,825,370,000.00 2016
133 Malta 11,625,550,000.00 2016
134 Armenia 11,502,000,000.00 2016
135 Lao PDR 11,102,150,000.00 2016
136 Macedonia 10,869,780,000.00 2016
137 Madagascar 10,356,200,000.00 2016
138 Guinea 9,119,962,000.00 2016
139 Benin 9,103,831,000.00 2016
140 Rwanda 8,802,737,000.00 2016
141 Malawi 8,710,224,000.00 2016
142 Tajikistan 8,458,801,000.00 2016
143 Niger 8,085,879,000.00 2016
144 Haiti 7,910,619,000.00 2016
145 The Bahamas 7,821,155,000.00 2016
146 Moldova 7,326,646,000.00 2016
147 Kyrgyz Republic 6,315,716,000.00 2016
148 Mauritania 5,574,151,000.00 2016
149 Monaco 5,350,675,000.00 2010
150 Swaziland 5,246,493,000.00 2016
151 Liechtenstein 5,082,366,000.00 2010
152 Montenegro 4,662,830,000.00 2016
153 Barbados 4,629,125,000.00 2016
154 Suriname 4,527,380,000.00 2016
155 Togo 4,245,260,000.00 2016
156 Fiji 3,771,168,000.00 2016
157 Sierra Leone 3,369,622,000.00 2016
158 Andorra 3,298,477,000.00 2016
159 Lesotho 2,980,616,000.00 2016
160 Guyana 2,925,825,000.00 2016
161 Greenland 2,325,119,000.00 2015
162 Eritrea 2,300,794,000.00 2011
163 Burundi 2,297,241,000.00 2016
164 Bhutan 2,234,759,000.00 2016
165 Cabo Verde 1,863,072,000.00 2016
166 San Marino 1,746,352,000.00 2016
167 Liberia 1,627,047,000.00 2016
168 Belize 1,588,185,000.00 2016
169 Central African Republic 1,496,561,000.00 2016
170 Djibouti 1,465,244,000.00 2015
171 St. Lucia 1,451,113,000.00 2016
172 Antigua and Barbuda 1,344,374,000.00 2016
173 Seychelles 1,322,031,000.00 2016
174 Timor-Leste 1,192,299,000.00 2016
175 The Gambia 1,084,316,000.00 2016
176 Guinea-Bissau 1,057,415,000.00 2016
177 Grenada 931,118,700.00 2016
178 Solomon Islands 886,746,400.00 2016
179 St. Kitts and Nevis 858,344,700.00 2016
180 Vanuatu 777,052,300.00 2016
181 Samoa 738,041,700.00 2016
182 St. Vincent and the Grenadines 732,044,200.00 2016
183 Comoros 611,370,800.00 2016
184 Dominica 506,021,900.00 2016
185 Tonga 406,237,700.00 2016
186 São Tomé and Principe 256,661,800.00 2016
187 Palau 234,595,700.00 2016
188 Kiribati 192,869,100.00 2016
189 Nauru 125,930,300.00 2016
190 Tuvalu 37,760,000.00 2016

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Development Relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions.

Limitations and Exceptions: Each industry's contribution to growth in the economy's output is measured by growth in the industry's value added. In principle, value added in constant prices can be estimated by measuring the quantity of goods and services produced in a period, valuing them at an agreed set of base year prices, and subtracting the cost of intermediate inputs, also in constant prices. This double-deflation method requires detailed information on the structure of prices of inputs and outputs. In many industries, however, value added is extrapolated from the base year using single volume indexes of outputs or, less commonly, inputs. Particularly in the services industries, including most of government, value added in constant prices is often imputed from labor inputs, such as real wages or number of employees. In the absence of well defined measures of output, measuring the growth of services remains difficult. Moreover, technical progress can lead to improvements in production processes and in the quality of goods and services that, if not properly accounted for, can distort measures of value added and thus of growth. When inputs are used to estimate output, as for nonmarket services, unmeasured technical progress leads to underestimates of the volume of output. Similarly, unmeasured improvements in quality lead to underestimates of the value of output and value added. The result can be underestimates of growth and productivity improvement and overestimates of inflation. Informal economic activities pose a particular measurement problem, especially in developing countries, where much economic activity is unrecorded. A complete picture of the economy requires estimating household outputs produced for home use, sales in informal markets, barter exchanges, and illicit or deliberately unreported activities. The consistency and completeness of such estimates depend on the skill and methods of the compiling statisticians. Rebasing of national accounts can alter the measured growth rate of an economy and lead to breaks in series that affect the consistency of data over time. When countries rebase their national accounts, they update the weights assigned to various components to better reflect current patterns of production or uses of output. The new base year should represent normal operation of the economy - it should be a year without major shocks or distortions. Some developing countries have not rebased their national accounts for many years. Using an old base year can be misleading because implicit price and volume weights become progressively less relevant and useful. To obtain comparable series of constant price data for computing aggregates, the World Bank rescales GDP and value added by industrial origin to a common reference year. Because rescaling changes the implicit weights used in forming regional and income group aggregates, aggregate growth rates are not comparable with those from earlier editions with different base years. Rescaling may result in a discrepancy between the rescaled GDP and the sum of the rescaled components. To avoid distortions in the growth rates, the discrepancy is left unallocated. As a result, the weighted average of the growth rates of the components generally does not equal the GDP growth rate.

Statistical Concept and Methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices. When value added is measured at producer prices. Growth rates of GDP and its components are calculated using the least squares method and constant price data in the local currency. Constant price U.S. dollar series are used to calculate regional and income group growth rates. Local currency series are converted to constant U.S. dollars using an exchange rate in the common reference year.

Aggregation method: Gap-filled total

Base Period: 2010

Periodicity: Annual