Major Countries GDP Ranking (2024)
In 2024, GDP among major countries was highest in the United States at $29.18 trillion (32.6% of the major countries' total), followed by China at $18.74 trillion (21.0%) and Germany at $4.66 trillion (5.2%). The average GDP across major countries was $4.47 trillion, the median was $2.18 trillion, and Switzerland recorded the lowest GDP at $936.56 billion, according to the World Bank.
Data is available for the period 1960 to 2024 across 20 major countries.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | $29.18T | $27.72T | 2024 | |
| 2 | $18.74T | $18.27T | 2024 | |
| 3 | $4.66T | $4.53T | 2024 | |
| 4 | $4.03T | $4.21T | 2024 | |
| 5 | $3.91T | $3.64T | 2024 | |
| 6 | $3.64T | $3.37T | 2024 | |
| 7 | $3.16T | $3.05T | 2024 | |
| 8 | $2.37T | $2.3T | 2024 | |
| 9 | $2.24T | $2.17T | 2024 | |
| 10 | $2.18T | $2.19T | 2024 | |
| 11 | $2.17T | $2.07T | 2024 | |
| 12 | $1.85T | $1.79T | 2024 | |
| 13 | $1.75T | $1.73T | 2024 | |
| 14 | $1.72T | $1.62T | 2024 | |
| 15 | $1.71T | $1.67T | 2023 | |
| 16 | $1.4T | $1.37T | 2024 | |
| 17 | $1.32T | $1.12T | 2024 | |
| 18 | $1.24T | $1.22T | 2024 | |
| 19 | $1.23T | $1.15T | 2024 |
Major Countries GDP Ranking (2024) : Definition
GDP measures the total market value of all final goods and services produced in a year, reported in current (nominal) US dollars for that year. It is also called Nominal GDP.