Major Countries Real GDP Ranking (2024)
In 2024, real GDP among major countries was highest in the United States at $22.68 trillion (29.2% of the major countries' total), followed by China at $18.49 trillion (23.8%) and Japan at $4.61 trillion (5.9%). The average real GDP across major countries was $3.89 trillion, the median was $1.80 trillion, and Switzerland recorded the lowest real GDP at $811.11 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 | $22.68T | $22.06T | 2024 | |
| 2 | $18.49T | $17.61T | 2024 | |
| 3 | $4.61T | $4.6T | 2024 | |
| 4 | $3.68T | $3.69T | 2024 | |
| 5 | $3.48T | $3.27T | 2024 | |
| 6 | $3.27T | $3.24T | 2024 | |
| 7 | $2.7T | $2.67T | 2024 | |
| 8 | $2.03T | $1.96T | 2024 | |
| 9 | $2.03T | $2.01T | 2024 | |
| 10 | $1.83T | $1.81T | 2024 | |
| 11 | $1.76T | $1.74T | 2023 | |
| 12 | $1.67T | $1.64T | 2024 | |
| 13 | $1.61T | $1.55T | 2024 | |
| 14 | $1.42T | $1.38T | 2024 | |
| 15 | $1.35T | $1.33T | 2024 | |
| 16 | $1.3T | $1.26T | 2024 | |
| 17 | $1.24T | $1.18T | 2024 | |
| 18 | $926.18B | $917.2B | 2024 | |
| 19 | $879.58B | $863.96B | 2024 |
Major Countries Real GDP Ranking (2024) : Definition
Real GDP is defined as the value of all goods and services produced in a country, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.