List of countries by past and projected GDP (PPP)

This is an alphabetical list of countries by past and projected Gross Domestic Product, based on the Purchasing Power Parity (PPP) methodology, not on market exchange rates. These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, October 2023 Edition.[1] The figures are given or expressed in Millions of International Dollars at current prices.

IMF estimates from 1980 to 1989 edit

IMF estimates between 1990 and 1999 edit

IMF estimates between 2000 and 2009 edit

IMF estimates between 2010 and 2019 edit

IMF projections for 2020 through 2028 edit

The following list contains the various countries' projected GDP (PPP) from 2020 to 2028.

GDP (PPP) milestones by countries edit

The following is a list of countries reaching a certain threshold of GDP (PPP) in a specific year according to International Monetary Fund.[2] As for the Soviet Union, its GDP (PPP) reached 2.66 trillion USD in 1990, but it is unknown in which year did its economy surpass the 1 trillion and 2 trillion hallmark.[3]

1 trillion USD 2 trillion USD 3 trillion USD 5 trillion USD 10 trillion USD 15 trillion USD 20 trillion USD 30 trillion USD
Year Achieved Country Year Achieved Country Year Achieved Country Year Achieved Country Year Achieved Country Year Achieved Country Year Achieved Country Year Achieved Country
1969  United States 1977  United States 1981  United States 1988  United States 2000  United States 2010  United States 2018  China 2022  China
bef 1990  Soviet Union bef 1990  Soviet Union 1995  Japan 2003  China 2009  China 2012  China 2018  United States 2026  United States*
1980  Japan 1988  Japan 1998  China 2010  India 2021  India 2025  India*
1983  West Germany 1995  China 2005  India 2013  Japan
N/A  Russia 1995  Germany 2007  Germany 2022  Germany
1988  Italy 2000  India 2008  Russia 2023  Russia*
1989  France 2004  Russia 2013  Brazil 2025  Indonesia*
1989  China 2005  France 2017  United Kingdom
1989  Brazil 2005  Brazil 2018  France
1989  United Kingdom 2005  United Kingdom 2018  Indonesia
1991  India 2006  Italy 2022  Turkey
1996  Mexico 2010  Indonesia 2022  Mexico
1997  Indonesia 2012  Mexico 2022  Italy
2001  Spain 2015  Turkey 2024  South Korea*
2003  Canada 2016  South Korea
2004  South Korea 2019  Spain
2004  Saudi Arabia 2021  Canada
2005  Iran 2022  Saudi Arabia
2006  Turkey 2025  Egypt*
2012  Egypt 2027  Bangladesh*
2012  Thailand 2027  Poland*
2013  Australia 2027  Iran*
2013  Taiwan 2027  Taiwan*
2015  Poland 2027  Australia*
2016  Pakistan 2027  Vietnam*
2017  Argentina 2028  Pakistan*
2018  Nigeria 2028  Thailand*
2019  Netherlands
2019  Vietnam
2019  Philippines
2020  Bangladesh
2022  Malaysia
2023  Colombia*
2024  South Africa*
2025  United Arab Emirates*
2028  Romania*

* Future predictions are marked with an asterisk.

Long term GDP estimates edit

The following table is an OECD Long Term Projections made in February 2022 for largest 16 economies by GDP using PPP exchange rates from 2030 to 2060. [4]

The top 16 largest economies in the world (GDP at 2010 constant PPP in billions USD)
Country 2030 Country 2040 Country 2050 Country 2060
 China 36,977  China 47,306  China 54,765  China 62,140
 United States 24,302  United States 28,063  India 33,363  India 42,204
 India 16,603  India 25,083  United States 32,119  United States 36,527
 Japan 5,632  Indonesia 7,507  Indonesia 9,846  Indonesia 12,320
 Indonesia 5,309  Japan 5,908  Japan 6,060  Turkey 7,068
 Germany 4,566  Germany 4,914  Turkey 5,934  Japan 6,333
 Russia 4,233  Turkey 4,776  Germany 5,362  Germany 5,891
 Brazil 3,759  Russia 4,624  Brazil 5,168  Brazil 5,746
 Turkey 3,653  Brazil 4,492  Russia 4,882  Mexico 5,407
 United Kingdom 3,375  Mexico 3,832  Mexico 4,620  Russia 5,340
 France 3,267  United Kingdom 3,800  United Kingdom 4,249  United Kingdom 4,768
 Mexico 3,073  France 3,679  France 4,148  France 4,736
 South Korea 2,675  South Korea 2,866  Italy 2,959  Italy 3,366
 Italy 2,499  Italy 2,692  South Korea 2,880  Australia 3,104
 Spain 2,094  Canada 2,370  Saudi Arabia 2,698  Saudi Arabia 3,066
 Canada 2,062  Saudi Arabia 2,362  Canada 2,694  Canada 3,046

The following table is an estimate for largest 10 economies by nominal GDP using PPP exchange rates for 2030 made by UK based Standard Chartered in January 2019.[5]

Rank Country 2030
1  China 64.2
2  India 46.3
3  United States 31.0
4  Indonesia 10.1
5  Turkey 9.1
6  Brazil 8.6
7  Egypt 8.2
8  Russia 7.9
9  Japan 7.2
10  Germany 6.9

See also edit

References edit

  1. ^ a b c d e f "World Economic Outlook Database October 2023". www.imf.org. Retrieved 10 October 2023.
  2. ^ "Database". www.imf.org. IMF. Retrieved 10 October 2023.
  3. ^ GDP - Million 1990
  4. ^ "Economic Outlook No 109 - February 2022 - Long-term baseline projections". Retrieved 11 February 2022.
  5. ^ "These Could Be the World's Biggest Economies by 2030". Bloomberg News. 8 January 2019. Retrieved 12 January 2019.

External links edit