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List of countries by GDP (PPP)

This is a list of countries of the world sorted by their Gross domestic product (GDP), the value of all final goods and services produced within a nation in a given year. GDP dollar estimates here are derived from purchasing power parity (PPP) calculations. The data here is an estimation for the year 2005 produced by the International Monetary Fund in April 2005.

Rank Country 2005 GDP (PPP)
millions of intl. dollars
World 63,419,738
1 United States 12,332,296
European Union 12,329,110
2 People's Republic of China 8,091,851
3 Japan 4,009,327
4 India 3,602,894
5 Germany 2,498,471
6 United Kingdom 1,825,837
7 France 1,811,561
8 Italy 1,694,706
9 Russia 1,585,478
10 Brazil 1,552,542
11 Canada 1,111,846
12 Korea 1,099,066
13 Mexico 1,064,889
14 Spain 1,026,340
15 Indonesia 863,654
16 Australia 638,713
17 Taiwan (Republic of China) 629,858
18 Turkey 570,748
19 Iran 560,348
20 Thailand 559,489
21 South Africa 532,011
22 Argentina 516,951
23 Poland 512,890
24 Netherlands 498,703
25 Philippines 409,445
26 Pakistan 392,526
27 Ukraine 339,676
28 Saudi Arabia 337,268
29 Colombia 336,808
30 Belgium 324,299
31 Bangladesh 303,655
32 Egypt 302,803
33 Malaysia 289,606
34 Sweden 267,427
35 Austria 267,053
36 Switzerland 241,265
37 Greece 236,311
38 Algeria 232,692
39 Vietnam 231,644
40 Hong Kong 226,766
41 Portugal 203,947
42 Czech Republic 198,976
43 Norway 193,660
44 Denmark 187,721
45 Chile 186,733
46 Romania 183,162
47 Nigeria 173,704
48 Ireland 164,190
49 Peru 164,110
50 Hungary 162,289
51 Finland 161,099
52 Israel 154,174
53 Venezuela 153,331
54 Morocco 138,006
55 Singapore 124,001
56 Kazakhstan 123,992
57 United Arab Emirates 111,027
58 New Zealand 101,582
59 Slovakia 87,129
60 Sudan 85,461
61 Sri Lanka 85,155
62 Tunisia 83,353
63 Myanmar 78,564
64 Syria 72,174
65 Bulgaria 71,381
66 Belarus 70,524
67 Libya 65,647
68 Afghanistan 63,857
69 Dominican Republic 63,594
70 Ethiopia 62,744
71 Ecuador 56,779
72 Guatemala 56,736
73 Croatia 55,638
74 Ghana 54,330
75 Lithuania 49,106
76 Uganda 48,620
77 Uzbekistan 48,137
78 Kuwait 44,675
79 Costa Rica 44,579
80 Angola 43,599
81 Serbia and Montenegro 43,462
82 Slovenia 43,260
83 Cameroon 40,744
84 Democratic Republic of the Congo 40,585
85 Nepal 39,815
86 Oman 39,559
87 Turkmenistan 39,458
88 Azerbaijan 37,841
89 Kenya 37,065
90 Uruguay 32,885
91 El Salvador 31,171
92 Luxembourg 30,674
93 Cambodia 30,579
94 Latvia 30,227
95 Paraguay 29,014
96 Côte d'Ivoire 28,460
97 Zimbabwe 28,304
98 Tanzania 27,006
99 Jordan 26,741
100 Mozambique 25,974
101 Bolivia 25,892
102 Equatorial Guinea 25,439
103 Lebanon 23,638
104 Qatar 23,584
105 Bosnia and Herzegovina 22,840
106 Panama 22,706
107 Estonia 22,239
108 Honduras 20,549
109 Senegal 20,482
110 Yemen 19,324
111 Guinea 18,945
112 Albania 18,933
113 Trinidad and Tobago 17,966
114 Botswana 17,207
115 Burkina Faso 16,916
116 Cyprus 16,745
117 Madagascar 16,323
118 Mauritius 16,054
119 Nicaragua 16,052
120 Republic of Macedonia 15,996
121 Bahrain 15,796
122 Georgia 15,522
123 Chad 14,756
124 Papua New Guinea 14,343
125 Namibia 14,198
126 Haiti 14,118
127 Mali 13,532
128 Armenia 13,432
129 Rwanda 12,620
130 Jamaica 12,141
131 Laos 12,101
132 Niger 11,260
133 Kyrgyzstan 10,626
134 Zambia 10,568
135 Iceland 10,548
136 Gabon 9,514
137 Brunei 9,009
138 Togo 8,945
139 Tajikistan 8,711
140 Benin 8,534
141 Moldova 8,157
142 Malta 7,909
143 Malawi 7,507
144 Mauritania 6,876
145 Bahamas 6,085
146 Swaziland 5,646
147 Burundi 5,642
148 Fiji 5,368
149 Mongolia 5,230
150 Lesotho 5,113
151 Sierra Leone 4,910
152 Central African Republic 4,773
153 Barbados 4,735
154 Republic of the Congo 4,621
155 Eritrea 4,250
156 Netherlands Antilles 4,175
157 Guyana 3,541
158 The Gambia 3,017
159 Cape Verde 2,992
160 Bhutan 2,913
161 Suriname 2,812
162 Maldives 2,557
163 Belize 2,046
164 Djibouti 1,686
165 Guinea-Bissau 1,182
166 Samoa 1,172
167 Comoros 1,114
168 Seychelles 1,017
169 Saint Lucia 985
170 Solomon Islands 925
171 Grenada 883
172 Antigua and Barbuda 835
173 Tonga 785
174 Saint Vincent and the Grenadines 751
175 Vanuatu 741
176 Saint Kitts and Nevis 626
177 Dominica 448
178 São Tomé and Príncipe 268
179 Kiribati 243

Source: International Monetary Fund, World Economic Outlook Database, April 2005. [1]; European Union [2]

GDP methodology

GDP dollar estimates for all countries are derived from purchasing power parity (PPP) calculations rather than from conversions at official currency exchange rates. The PPP method involves the use of standardized international dollar price weights, which are applied to the quantities of final goods and services produced in a given economy. The data derived from the PPP method provide the best available starting point for comparisons of economic strength between countries. The division of a GDP estimate in domestic currency by the corresponding PPP estimate in dollars gives the PPP conversion rate. Whereas PPP estimates for OECD countries are quite reliable, PPP estimates for developing countries are often rough approximations. Most of the GDP estimates are based on extrapolation of PPP numbers published by the UN International Comparison Program (UNICP) and by Professors Robert Summers and Alan Heston of the University of Pennsylvania and their colleagues. In contrast, the currency exchange rate method involves a variety of international and domestic financial forces that often have little relation to domestic output. In developing countries with weak currencies the exchange rate estimate of GDP in dollars is typically one-fourth to one-half the PPP estimate. Furthermore, exchange rates may suddenly go up or down by 10% or more because of market forces or official fiat whereas real output has remained unchanged. On 12 January 1994, for example, the 14 countries of the African Financial Community (whose currencies are tied to the French franc) devalued their currencies by 50%. This move, of course, did not cut the real output of these countries by half. One important caution: the proportion of, say, defense expenditures as a percentage of GDP in local currency accounts may differ substantially from the proportion when GDP accounts are expressed in PPP terms, as, for example, when an observer tries to estimate the dollar level of Russian or Japanese military expenditures.

See also

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