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Highest GDPs

As of 2023, the United States holds the position of the world's largest economy with a GDP of $27.72 trillion, followed by China at $17.79 trillion and Germany at $4.53 trillion. Notably, India is experiencing rapid economic growth with an 8.15% increase in GDP, highlighting its emerging market status.

1 United States $27,720,700,000,000
2 China $17,794,800,000,000
5 India $3,567,550,000,000

GDP Compared to Population

High population numbers don't seem to correlate with GDP per capita at all when looking at the top ten countries. For example, China and India both have populations over 1.4 billion, but while China is 2nd in GDP, India is only 5th with a GDP per capita of just $2,481 compared to China's of $12,509.

This is interesting, because GDP per capita should go down with a higher population. the equation to calculate per capita is GDP/population, meaning a higher population lowers the number.

Meanwhile, countries like Germany at 84 million GDP, the United Kingdom at 69 million GDP, and Canada at 39 million GDP still rank in the top ten despite lower populations. They also all have dramatically larger GDP per capita amounts than India.

# Country GDP (nominal, 2023) Population 2023 GDP per capita
2 China $17,794,800,000,000 1,422,584,933 $12,509
5 India $3,567,550,000,000 1,438,069,596 $2,481
# Country GDP (nominal, 2023) Population 2023 GDP per capita
3 Germany $4,525,700,000,000 84,548,231 $53,528
6 United Kingdom $3,380,850,000,000 68,682,962 $49,224
10 Canada $2,142,470,000,000 39,299,105 $54,517

Top 10 Economies by GDP (Nominal) - 2023

organized from highest to lowest GDP within the top ten
#
 Country
 GDP (nominal, 2023)
Gross Domestic Product
 GDP Growth
Percent Growth after a Year
 Population 2023
GDP per capita
GDP/Population
 Share of World GDP
1 United States $27,720,700,000,000 2.89% 343,477,335 $80,706 26.11%
2 China $17,794,800,000,000 5.25% 1,422,584,933 $12,509 16.76%
3 Germany $4,525,700,000,000 −0.27% 84,548,231 $53,528 4.26%
4 Japan $4,204,490,000,000 1.68% 124,370,947 $33,806 3.96%
5 India $3,567,550,000,000 8.15% 1,438,069,596 $2,481 3.36%
6 United Kingdom $3,380,850,000,000 0.34% 68,682,962 $49,224 3.18%
7 France $3,051,830,000,000 0.94% 66,438,822 $45,934 2.87%
8 Italy $2,300,940,000,000 0.7% 59,499,453 $38,672 2.17%
9 Brazil $2,173,670,000,000 2.91% 211,140,729 $10,295 2.05%
10 Canada $2,142,470,000,000 1.25% 39,299,105 $54,517 2.02%
Source: Worldometer

How to use this website:

By clicking on different countries, you can see a comparison of it's information. For example:

Example 1

When clicking on the United States, the box above will say: "United States has a total GDP of $27,720,700,000,000 2023, along with a population of 343,477,335 thus making a GDP per captia of $80,706."

Example 2

When clicking on China, the box above will say: "China has a total GDP of $17,794,800,000,000 2023, along with a population of 1,422,584,933 thus making a GDP per captia of $12,509."

GDP
Gross Domestic Product, or the total value of goods produced and services provided in a country during one year
GDP Growth
The percentage by which the GDP has grown from last year to the current one, in this case, 2023
Population
Population in this case is important because it affects the GDP per capita
GDP per capita
GDP per capita is just GDP divided by population
Share of World GDP
The percentage that country contributes to the world's total GDP