List of countries in Asia-Pacific by GDP (nominal), List of Arab League countries by GDP (nominal), Office of the National Economic and Social Development Council, 4 ASEAN infographics: population, market, economy, List of top international rankings by country, https://en.wikipedia.org/w/index.php?title=List_of_ASEAN_countries_by_GDP&oldid=984059562, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License, This page was last edited on 17 October 2020, at 22:38. *Click below to enlarge (charted by Statista). This page displays a table with actual values, consensus figures, forecasts, statistics and … In fact, I love to write about all trending topics, illustrating patterns and trends in a quick, clear and meaningful way. That figure is equivalent to 8% of the country's GDP. GNI (current US$) from The World Bank: Data. Country/Economy GDP per capita Nominal ($) GDP per capita PPP (Int. Military budgets as a % of GDP in selected countries in 2019. Even though Saudi Arabia's spending levels fell by 16% between 2018 and 2019, it still pumped close to $62 billion into its armed forces. Our work at Statista has been featured in publications including Mashable, the Wall Street Journal and Business Insider. Tuvalu is the world's smallest national economy with a GDP (PPP) of approximately Int. As interesting as the latest figures are, it will be fascinating to see how they develop in 2020 and whether governments attempt to make cuts to arms spending in order to redirect more funding towards their beleaguered health systems that are struggling to contain the coronavirus pandemic. As per World Bank estimates, the nominal world GDP in 2017 was $80,683.79 billion. Such fluctuations may cha… © 2020 Forbes Media LLC. Opinions expressed by Forbes Contributors are their own. $47 million. Most interestingly, the gap between China and the United States is narrowing — and in nominal terms, China’s economy is now 66.4% the size. Top Gainers in 2019: At current prices, China is the largest contributor of increment in global GDP. In 2018, the growth rate for the world GDP was 3.6%. $1 trillion economy. With 19.3% of the world economy, China is world's largest economy in 2019, On the PPP basis. In fact, I love to write about all trending topics. Each country reports its data in its own currency. GNI (current US$) from The World Bank: Data. Tuvalu is the world's GDP and GDP per capita data are according to International Monetary Fund's October 2019 estimates. Gross domestic product 2019 (millions of Ranking Economy US dollars) TON 196 Tonga 450 STP 197 São Tomé and Principe 429 FSM 198 Micronesia, Fed.
The Trading Economics Application Programming Interface (API) provides direct access to our data. $ in 2019. $100 billion and 166 have above Int. Data from World bank and The World Factbook includes gdp and year estimated for. I am a Statista data journalist, covering technological, societal and media topics through visual representation. smallest national economy with a GDP (PPP) of approximately Int. Japan is the third-largest … Except Islamic Republic of Iran, which figure has declined by over 100 bn, none have declined by more than $47 million. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Beijing spent an estimated $261 billion on its armed forces last year, a 5.1% increase on 2018 and 85% higher than 2010. international dollar. positions. (PPP). Total economy of china is estimated over 27 trillion 28 economies have gdp (ppp) greater than $1 trillion. The United States remained by far the world's largest spender in 2019 with $732 billion, nearly as much as the next 10 spenders combined. Dollar Up for 3rd Day to Book Best Week in a Month, Dow and S&P on Track for 2nd Month of Losses, US Consumer Sentiment Reamins Strongest Since March, US Personal Spending Rises at Faster Pace, US Personal Income Beats Forecast in September, China Services Growth at 7-Year High: NBS, China Manufacturing Expands for 8th Month: NBS, TSX Drops on Friday, Books 4.5% Weekly Loss, Brent Crude Down for 3rd Day to Book Biggest Weekly Loss since April, WTI Crude Tumbles 11% in October on Demand Concerns.
Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. GDP of China has grown by over 2 trillion Int. This page lists the countries of the world sorted by their gross domestic product per capita at nominal values.This is the value of all final goods and services produced within a nation in a given year, converted at market exchange rates to current U.S. dollars, divided by the average population for the same year.. 15 bn. Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. This page provides values for Gross National Product reported in several countries. Download historical data for 20 million indicators using your browser. SIPRI has released new data showing that global military expenditure reached $1.9 trillion in 2019, the highest (inflation-adjusted) level recorded since 1988. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). The world economy consists of 193 economies, with the United States being the largest. As per World Bank estimates, the nominal world GDP in 2017 was $80,683.79 billion. The world economy consists of 193 economies, with the United States being the largest. All Rights Reserved, This is a BETA experience. converted into a common currency. In 2018, the growth rate for the world GDP was 3.6%. GNI (formerly GNP) is the sum of value added by all resident producers plus any product … Japan. China is followed by United States with figure 21.4 trillion. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Even though Saudi Arabia's spending levels fell by 16% between 2018 and 2019, it still pumped close to $62 billion into its armed forces. The above 15 economies represent a whopping 75% of total global GDP, which added up to $85.8 trillion in 2018 according to the World Bank. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. have to be converted into that of another country to buy the same amount of goods and services in each country. Country/Economy GDP Nominal (billions of $) GDP PPP (billions of Int. Changes in gdp and their respective ranking of economies in 2019. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. $) 2019 Rank 2020 % world Rank 2019 Rank 2020 % world Rank; Pakistan: 1,388: 157: 1,246: 10.5: 162 2019. 83 smallest economies only contribute 1 % in world gdp (ppp) and 151 lowest ranked constitute only 10 % of total. Last year's total was 3.6% higher in real terms than 2018 and 7.2% higher than 2010.
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