Selection of GDP (PPP) data (top 10 countries and blocs) in no particular order
GDP (PPP) meansgross domestic product based onpurchasing power parity. This article includes a list of countries by their forecast estimated GDP (PPP).[2] Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government officialexchange rates. The data given on this page are based on theinternational dollar, a standardized unit used by economists. Certain regions that are not widely considered countries such asHong Kong also show up in the list if they are distinct jurisdiction areas or economic entities.
GDP comparisons using PPP are arguably more useful than those usingnominal GDP when assessing the domestic market of a state because PPP takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates, which may distort the real differences in per capita income.[3] For example, while the nominal GDP ranks of Germany and India are third and fourth respectively, when adjusted for PPP Germany's GDP drops to sixth and India rises to third because the local cost of goods in India is lower, and thus same nominal amount of money can buy more goods and services in India.
GDP adjusted for PPP, however, is limited when measuring financial flows between countries and when comparing the quality of same goods among countries.[4] PPP is often used to gauge globalpoverty thresholds and is used by theUnited Nations in constructing theHuman Development Index.[3] These surveys such as the International Comparison Program include both tradable and non-tradable goods in an attempt to estimate a representative basket of all goods.[3]
The first set of data on the left columns of the table includes estimates for the year 2023 made for each economy of the 196 economies (189U.N. member states and 7 areas ofAruba,Hong Kong,Kosovo,Macau,Palestine,Puerto Rico, andTaiwan) covered by theInternational Monetary Fund (IMF)'sInternational Financial Statistics (IFS) database. The data is in millions of international dollars and was calculated and published by the IMF in October 2023. The second table includes data, mostly for the year 2022, for 180 of the 193 currentUnited Nations member states as well as Hong Kong andMacau (the two ChineseSpecial Administrative Regions). Data are in millions of international dollars; they were compiled by theWorld Bank. The third table is a tabulation of theCIA World Factbook GDP (PPP) data update of 2019. The data for GDP at purchasing power parity has also been rebased using the new International Comparison Program price surveys and extrapolated to 2007. Non-sovereign entities (the world, continents, and somedependent territories) andstates with limited recognition (such asKosovo,Palestine and Taiwan) are included in the list in cases in which they appear in the sources. These economies are not ranked in the charts here, but are listed in sequence by GDP for comparison. In addition, non-sovereign entities are marked in yellow .
Tables
Main table
The table is initially ranked by the average of the available estimates for each country or territory, and can be reranked by any of the sources.The links in the "Country/Territory" row of the following table link to the article on the GDP or the economy of the respective country or territory.
