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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, April 2024 Edition. [1] The figures are given or expressed in Millions of International Dollars at current prices.

IMF estimates from 1980 to 1989

IMF estimates between 1990 and 1999

IMF estimates between 2000 and 2009

IMF estimates between 2010 and 2019

IMF projections for 2020 through 2029

The following list contains the various countries' projected GDP (PPP) from 2020 to 2029.

GDP (PPP) milestones by countries

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 2004   India 2013   Japan
N/A   Russia 1995   Germany 2007   Germany 2022   Germany
1988   Italy 1999   India 2008   Russia 2022   Russia
1989   France 2004   Russia 2013   Brazil 2025   Indonesia*
1989   China 2005   France 2017   United Kingdom
1989   Brazil 2005   Brazil 2018   France
1990   India 2005   United Kingdom 2018   Indonesia
1990   United Kingdom 2006   Italy 2022   Turkey
1996   Mexico 2010   Indonesia 2022   Italy
1997   Indonesia 2012   Mexico 2022   Mexico
2001   Spain 2015   Turkey 2024   South Korea*
2003   Canada 2016   South Korea 2029   Saudi Arabia*
2004   South Korea 2019   Spain 2029   Spain*
2004   Saudi Arabia 2021   Canada
2005   Iran 2022   Saudi Arabia
2006   Turkey 2025   Egypt*
2012   Egypt 2026   Iran*
2012   Thailand 2027   Bangladesh*
2013   Australia 2027   Poland*
2013   Taiwan 2027   Taiwan*
2015   Poland 2027   Australia*
2016   Pakistan 2028   Vietnam*
2017   Argentina 2028   Pakistan*
2018   Nigeria 2029   Thailand*
2019   Netherlands 2029   Philippines*
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

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

References

  1. ^ a b c d e f "World Economic Outlook Database April 2024". www.imf.org. Retrieved 16 April 2024.
  2. ^ "Database". www.imf.org. IMF. Retrieved 16 April 2024.
  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