News Letter Subscription
World Economy
US Economy
China Economy
Singapore Economy
Canada Economy
more...
Major Companies
ET 500 Companies
Forbes Companies
Fortune 500 Companies
Insurance Companies
S & P 500 Companies
more...
Indian Economy
Business & Economy
Textile Industry
VAT(Value Added Tax)
Poverty in India
FDI
more...
World Industry
Insurance
Finance
Steel Industry
Oil Industry
more...
Mortgage Industry
US Mortgage
UK Mortgage
China Mortgage
Canada Mortgage
US Economy
US Real Estate
US State Economies
US Banks
US Chambers of Commerce
more...
World Investment
Investment Strategy
Real Estate Investment
Property Investment
Online Investment
more...
Economic Relations
US China
Indo-US
Indo-Japan
more...
Stock Exchanges

Economic Indicators

Type of Economic System

World Country

Nobel Prize

World Organizations

Car Finance

Personal Finance

 
Home >>GDP>> World GDP

World GDP



About GDP
World GDP (purchasing power parity) is measured as GWP (gross world product) which was estimated to be around $ 65.61 trillion in 2007. GDP (official exchange rate) or GWP (gross world product) was $ 54.62 trillion according to 2007 estimates. Real growth rate of GDP was estimated to be nearly 5.2 percent and GDP per capita (PPP) to be $10,000. Agricultural sector comprised 4 percent, industry- 32 percent, and services contributed 64 percent to total world GDP.

Following are some countries and regions with GDP rankings according to 2007 estimates of International Monetary Fund, World Bank, and CIA World Factbook.

According to all of these organizations, world GDP rankings are –

1) United States with a GDP of $13,807,550
2) Japan with a GDP of $4,381,576
3) Germany with a GDP of $3,320,913
4) China (PRC) with a GDP of $3,280,224
5) United Kingdom with a GDP of $ 2,804,437
6) France with a GDP of $2,593,779
7) Italy with a GDP of $2,104,666
8) Spain with a GDP of $1,439,983
9) Canada with a GDP of $1,436,086
10) Brazil with a GDP of $1,313,590

European GDP (nominal) rankings according to 2008 estimates by International Monetary Fund are –

1) Germany with a GDP of $3,653.366
2) France with a GDP of $2,978.121
3) United Kingdom with a GDP of $2,787.371
4) Italy with a GDP of $2,330.005
5) Spain with a GDP of $1,438.959
6 )Russia with a GDP of $1,698.647
7) Netherlands with a GDP of $ 862.900
8) Turkey with a GDP of $748.301
9) Sweden with a GDP of $502.527
10) Belgium with a GDP of $507.144

Ranking of North American countries by GDP (nominal) according to 2008 estimates by International Monetary Fund are –

1) United States with a GDP of $14,195,032
2) Canada with a GDP of $1,571,070
3) Mexico with a GDP of $949,576
4) Guatemala with a GDP of $35,729
5) Dominican Republic with a GDP of $37,698
6) Costa Rica with a GDP of $ 31,564
7) El Salvador with a GDP of $21,824
8) Panama with a GDP of $22,863
9) Jamaica with a GDP of $12,824
10) Honduras with a GDP of $13,779

Ranking of Asian countries by GDP (nominal) according to 2007 figures from CIA Factbook are –

1) China (excludes Hong Kong, Macau) with a GDP of $7,043,000
2) Japan with a GDP of $4,305,000
3) India with a GDP of $2,965,000
4) South Korea with a GDP of $1,206,000
5) Indonesia with a GDP of $837,800
6) Iran with a GDP of $753,000
7) Republic of China (Taiwan) with a GDP of $690,100
8) Saudi Arabia with a GDP of $572,200
9) Thailand with a GDP of $519,900
10) Pakistan with a GDP of $446,100