Country Comparison > GDP (purchasing power parity) > TOP 20

RankCountryGDP (purchasing power parity) (Billion $)
1China25,360
2United States19,490
3India9,474
4Japan5,443
5Germany4,199
6Russia4,016
7Indonesia3,250
8Brazil3,248
9United Kingdom2,925
10France2,856
11Mexico2,463
12Italy2,317
13Turkey2,186
14Korea, South2,035
15Spain1,778
16Saudi Arabia1,775
17Canada1,774
18Iran1,640
19Australia1,248
20Thailand1,236

Definition: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States in the year noted. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The differences between the OER- and PPP-denominated GDP values for most of the wealthy industrialized countries are generally much smaller.

Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2020

See also: GDP (purchasing power parity) map

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