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List of countries by largest historical GDP

 

List of countries by largest historical GDP

This list of countries by largest historical GDP shows how the membership and rankings of the world's ten largest economies has changed. While the United States has consistently had the world's largest economy since the late nineteenth century, and by a margin that has generally widened over time, in the last fifty years the world has seen the rapid rise and fall in relative terms of the economies of other countries.

Overview of the ten largest economies

By average values of GDP (PPP)

The ten largest economies by average values of GDP (PPP) by every half decade from the available data in IMF and World Bank lists (in USD billions)[1][2][3]
Year 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th
2019 (IMF Forecast)  China
26,867.433
 United States
22,147.837
 India
11,044.009
 Japan
5,527.617
 Germany
4,307.126
 Russia
4,243.900
 Brazil
3,828.169
 Indonesia
3,747.611
 France
3,095.800
 United Kingdom
3,037.924
2015 (IMF Forecast)  China
19,230.293
 United States
18,286.685
 India
7,882.588
 Japan
4,916.755
 Germany
3,741.779
 Russia
3,642.918
 Brazil
3,172.815
 Indonesia
2,744.414
 France
2,659.436
 United Kingdom
2,547.171
2010  United States
14,961.350
 China
12,097.612
 India
5,481.377
 Japan
4,319.827
 Germany
3,154.582
 Russia
2,977.897
 Brazil
2,687.283
 France
2,300.321
 United Kingdom
2,141.318
 Italy
1,997.313
2005  United States
13,094.550
 China
6,463.217
 Japan
3,874.042
 India
3,341.539
 Germany
2,635.273
 Russia
2,005.385
 Brazil
1,964.494
 United Kingdom
1,956.813
 France
1,953.651
 Italy
1,751.531
2000  United States
10,287.225
 China
3,612.309
 Japan
3,263.238
 Germany
2,230.483
 India
2,148.947
 France
1,606.570
 Brazil
1,524.410
 Italy
1,516.376
 United Kingdom
1,510.292
 Russia
1,265.558
1995  United States
7,664.025
 Japan
2,866.925
 China
2,173.502
 Germany
1,899.465
 India
1,472.582
 Brazil
1,270.055
 France
1,269.725
 Italy
1,257.174
 United Kingdom
1,144.415
 Russia
1,067.012
1990  United States
5,979.588
 Soviet Union  Japan
2,368.693
 West Germany
1,526.777
 China
1,116.928
 France
1,057.468
 Italy
1,045.136
 India
1,018.917
 Brazil
970.273
 United Kingdom
902.272
1985  United States
4,346.750
 Soviet Union  Japan
1,585.086
 West Germany
1,144.657
 France
807.519
 Italy
800.123
 Brazil
753.822
 India
653.454
 China
640.568
 United Kingdom
627.367
1980  United States
2,862.475
 Soviet Union  Japan
996.736
 West Germany
837.262
 France
578.363
 Italy
570.972
 Brazil
553.631
 United Kingdom
433.914
 Mexico
389.330
 India
389.299

World Bank statistics of the ten largest economies by GDP (PPP)

Angus Maddison statistics of the ten largest economies by GDP (PPP)

Main GDP countries

The United States Department of Agriculture has calculated the share of every country to global real GDP from 1969 to 2010.[4]

  • The United States represented 38.69% of the world's economy in 1960 (highest point), and was at its lowest point at 21.42% in 2011.
  • The European Union represented 34.6% of the world's GDP at 1980 (highest point), and was at its lowest in 1985 at 25.01%.
  • China represented 1.618% of the world's economy in 1987 (lowest point), rising to 11.47% in 2012 (highest point). According to Angus Maddison China represented 32.9% of the world's economy in 1820.[5]
  • Japan represented 17.8% of the world's economy in 1994 (highest point), after that its contribution to the world's economy has gradually diminished, and reached its lowest point in 2012 (8.32%). Although the very lowest since 1960 has been in the year 1960 when it produced 3.28% of the world's GDP.
  • Germany represented 8.98% of the world's economy in 1969 (highest point), falling to 4.74% in 2012 (lowest point)
  • The United Kingdom represented 6.42% of the world's economy in 1960 (highest point), falling to 3.42% in 2012 (lowest point). According to Angus Maddison the United Kingdom produced 9.1% of the world's economy in 1870[5]
  • France represented 5.8% of the world's economy in 1969. After rising to 5.94% in 1974, its contribution to the world's economy fell to 3.64% in 2012 (lowest point). According to Angus Maddison France represented 6.5% of the world's economy in 1870[5]
  • Italy represented 5.11% of the world's economy in 1969. After rising to 5.18% in 1974, its contribution to the world's economy fell to 2.81% in 2012 (lowest point).
  • Canada represented 2.63% of the world's economy in 1969. This figure has been generally stable, having peaked at 2.76% in 1981 and 2002, and being at its lowest (2.55%) in 1992. In 2012 Canada's share was 2.54%.
  • The Soviet Union represented 14.31% of the world's economy in 1969 (highest point) and at the year of its dissolution (1991) only produced 3.58% of the world's economy (lowest point). In 2012 Russia's share was 2.82% (highest point) and reached a nadir in 1998 (1.38%) before ending up at 1.9% in 2010.
  • India represented 3.1% of the world's economy in 1964 (highest point), and had its lowest world economy share at 1.00% in 1992. According to Angus Maddison India represented 32.9% of the world's economy in 0 CE[5]
  • South Korea represented 2.02% of the world's economy in 2010 (highest point), and had its lowest world economy share at 0.156% in 1965.
  • Brazil represented 3.34% of the world's economy in 2011 (highest point), and had its lowest world economy share at 1.55% in 1969.

References

  1. ^ "IMF historical GDP (PPP) Data (October 2014)". Imf.org. 2014-10-07. Retrieved 2014-10-31. 
  2. ^ "GDP, PPP (constant 2005 international $) | Data | Table". Data.worldbank.org. 1948-06-02. Retrieved 2014-01-19. 
  3. ^ http:/resources.worldbank.org/DATASTATISTICS/Resources/GDP_PPP.pdf
  4. ^ Real Historical Gross Domestic Product (GDP) Shares and Growth Rates of GDP Shares", USDA, November 2009""". Ers.usda.gov. Retrieved 2014-01-19. 
  5. ^ a b c d The World Economy page 263 by Angus Maddison
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