There are many measures of the size of an economy, and Gross Domestic Product (GDP) is among the most accurate measures. GDP is the measure of the net value of goods and services a country produces in a certain time frame. Below is the GDP of the biggest economies in the world as of last year, 2022.
Biggest Economies in The World
Country | Recent Year | GDP ($ Current in Millions) | |
1. | United States | 2022 | $25,462,700.00 |
2. | China | 2022 | $17,963,170.52 |
3. | Japan | 2022 | $4,231,141.20 |
4. | Germany | 2022 | $4,072,191.74 |
5. | India | 2022 | $3,385,089.88 |
6. | United Kingdom | 2022 | $3,070,667.73 |
7. | France | 2022 | $2,782,905.33 |
8. | Russian Federation | 2022 | $2,240,422.44 |
9. | Canada | 2022 | $2,139,840.02 |
10. | Italy | 2022 | $2,010,431.60 |
11. | Brazil | 2022 | $1,920,095.56 |
12. | Australia | 2022 | $1,675,418.67 |
13. | Korea, Rep. | 2022 | $1,665,245.54 |
14. | Mexico | 2022 | $1,414,187.19 |
15. | Spain | 2022 | $1,397,509.27 |
16. | Indonesia | 2022 | $1,319,100.22 |
17. | Saudi Arabia | 2022 | $1,108,148.98 |
18. | Netherlands | 2022 | $991,114.64 |
19. | Turkiye | 2022 | $905,987.82 |
20. | Switzerland | 2022 | $807,706.04 |