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, in the last fifty years the world has seen the rapid rise and fall in relative terms of the economies of other countries as the share of the United States shrinks.

Overview of the ten largest economies

By average values of GDP (nominal)

The ten largest economies by average values of GDP (nominal[1]) by every half decade from the available data in IMF, World Bank, and United Nations lists (in USD billions)[2][3][4][5]
Year 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th
2015  United States
18,036.650
 China
11,226.186
 Japan
4,382.420
 Germany
3,365.293
 United Kingdom
2,863.304
 France
2,420.163
 India
2,088.155
 Italy
1,825.820
 Brazil
1,801.482
 Canada
1,552.808
2010  United States
14,964.400
 China
5,812.464
 Japan
5,793.455
 Germany
3,309.668
 France
2,560.002
 United Kingdom
2,246.079
 Brazil
2,087.889
 Italy
2,051.412
 India
1,729.010
 Russia
1,638.463
2005  United States
13,093.700
 Japan
4,755.980
 Germany
2,866.308
 United Kingdom
2,511.165
 China
2,308.786
 France
2,207.450
 Italy
1,855.834
 Canada
1,169.467
 Spain
1,159.257
 South Korea
898.137
2000  United States
10,284.750
 Japan
4,887.301
 Germany
1,955.673
 United Kingdom
1,442.316
 France
1,327.964
 China
1,214.912
 Italy
1,145.109
 Canada
742.319
 Mexico
683.650
 Brazil
655.454
1995  United States
7,664.050
 Japan
5,450.805
 Germany
2,594.371
 France
1,611.198
 United Kingdom
1,320.618
 Italy
1,171.510
 Brazil
786.479
 China
736.870
 Spain
612.413
 Canada
604.034
1990  United States
5,979.592
 Japan
3,140.669
 Soviet Union
2,659.50
 West Germany
1,592.710
 France
1,278.666
 Italy
1,177.063
 United Kingdom
1,093.997
 Mexico
534.177
 Brazil
533.945
 Canada
533.920
1985  United States
4,346.717
 Soviet Union
2,200.000
 Japan
1,401.006
 West Germany
658.784
 France
559.846
 United Kingdom
534.244
 Italy
458.982
 Canada
364.771
 China
312.616
 India
237.618
1980  United States
2,862.492
 Soviet Union
1,212.000
 Japan
1,099.695
 West Germany
919.609
 France
691.138
 United Kingdom
536.369
 Italy
459.829
 Canada
268.893
 Brazil
235.024
 China
226.003
1975  United States
1,688.900
 Soviet Union
686.000
 Japan
512.861
 West Germany
474.790
 France
355.608
 United Kingdom
236.414
 Italy
219.392
 Canada
173.487
 China
160.751
 Brazil
115.880
1970  United States
1,075.900
 Soviet Union
433.400
 Japan
209.071
 West Germany
208.868
 France
146.438
 United Kingdom
124.800
 Italy
109.257
 China
91.273
 Canada
87.734
 India
62.494
1965  United States
712.082
 Soviet Union  West Germany  France
102.161
 United Kingdom
100.596
 Japan
90.950
 China
69.709
 Italy
67.978
 India
60.599
 Canada
53.910
1960  United States
520.531
 Soviet Union  West Germany  United Kingdom
72.328
 France
61.552
 China
61.378
 Japan
44.307
 Canada
41.093
 Italy
40.385
 India
36.604

By average values of GDP (PPP)

The ten largest economies by average values of GDP (PPP[6]) by every half decade from the available data in IMF and World Bank lists (in USD billions)[7][8][9][10][11]
Year 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th
2015  China
19,695.741
 United States
18,036.650
 India
8,003.405
 Japan
5,118.682
 Germany
3,860.114
 Russia
3,759.692
 Brazil
3,216.167
 Indonesia
2,849.796
 United Kingdom
2,700.627
 France
2,665.863
2010  United States
14,964.400
 China
12,405.881
 India
5,312.261
 Japan
4,485.871
 Germany
3,279.529
 Russia
3,240.905
 Brazil
2,803.368
 France
2,340.155
 United Kingdom
2,251.123
 Italy
2,075.864
2005  United States
13,093.700
 China
6,617.286
 Japan
4,056.757
 India
3,238.203
 Germany
2,804.578
 Russia
2,474.758
 Brazil
2,046.980
 France
2,046.601
 United Kingdom
2,008.467
 Italy
1,916.369
2000  United States
10,284.775
 China
3,698.622
 Japan
3,405.450
 Germany
2,430.427
 India
2,077.843
 France
1,678.332
 Russia
1,635.277
 Italy
1,628.105
 Brazil
1,579.824
 United Kingdom
1,556.051
1995  United States
7,664.075
 Japan
2,965.536
 China
2,254.642
 Germany
2,033.711
 India
1,426.298
 Russia
1,389.470
 Italy
1,356.581
 France
1,337.635
 Brazil
1,306.756
 United Kingdom
1,224.054
1990  United States
5,979.575
 Soviet Union  Japan
2,431.093
 West Germany
1,636.133
 Italy
1,134.581
 France
1,112.013
 China
1,092.075
 United Kingdom
1,001.703
 Brazil
1,000.682
 India
986.896
1985  United States
4,346.750
 Soviet Union  Japan
1,633.243
 West Germany
1,200.553
 Italy
1,044.727
 France
807.519
 Brazil
776.449
 United Kingdom
722.892
 China
654.954
 India
633.604
1980  United States
2,862.475
 Soviet Union  Japan
1,027.017
 West Germany
866.222
 Italy
594.363
 France
578.363
 Brazil
570.249
 United Kingdom
498.558
 India
452.711
 China
419.053

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.[12]

Brazil

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.

Canada

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%.

China

China represented 1.618% of the world's economy in 1987 (lowest point), rising to 11.47% in 2012 (highest point). It accounted for 17.2% of the world's economy in 1870. [13]

European Union

The European Union represented 31.6% of the world's GDP at 1980 (highest point), and was at its lowest in 1985 at 25.01%.

France

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). France represented 6.5% of the world's economy in 1870.[14]

Germany

Germany represented 8.98% of the world's economy in 1969 (highest point), falling to 4.74% in 2012 (lowest point). It accounted for 5.5% of the world's economy in 1820, 6.5% in 1870, and 8.8% in 1913.[13]

India

India represented 3.5% of the world's economy in 1964 (highest point), and had its lowest world economy share at 1% in 1992. India made up 16% of the world's economy in 1820 and 25% in the 1500s .[13]

Italy

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).

Japan

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 was in the year 1960 when it produced 3.28% of the world's GDP.

Russia

Russia accounted for 5.4% of the world's economy in 1820, 7.6% in 1870, and 8.6% in 1913.[13] The Soviet Union represented 20% of the world's economy in 1966[15] (highest point) and at the year of its dissolution (1991) only produced 7.58% of the world's economy (lowest point). In 2012, Russia's Nominal GDP share was at 2.82% (highest point) and reached a nadir in 1998 (1.38%) before ending up at 1.9% in 2010. In 2019 gdp pps 4,135 trillion dollars, 28184 dollars per capita [16]

South Korea

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.

United Kingdom

The United Kingdom represented 6.42% of the world's economy in 1960 (highest point), falling to 3.42% in 2012 (lowest point). It accounted for 5.2% of the world's economy in 1820, 9.1% in 1870, and 8.3% in 1913.[13] England, Scotland and Wales generated 1.8% of the world's GDP in 1600.[17]

United States

The United States represented 28.69% of the world's economy in 1960 (highest point), and was at its lowest point at 21.42% in 2011. It accounted for 1.8% of the world's economy in 1820, 8.9% in 1870, and 19.1% in 1913.[13]

See also

References

  1. This is, the absolute gross domestic product or total productive output of a country, not corrected by cost of life.
  2. "World's largest economies". CNNMoney.
  3. "National Accounts - Analysis of Main Aggregates (AMA)". unstats.un.org.
  4. World Bank GDP Data (December 2014)
  5. "Error". www.imf.org.
  6. Purchasing power parity (PPP) is the exchange-rate-adjusted GDP, accounting for the value of money in different countries.
  7. "IMF historical GDP (PPP) Data (October 2014)". Imf.org. 2015-10-06. Retrieved 2015-10-08.
  8. "GDP, PPP; Table". Data.worldbank.org. 2014-12-16. Retrieved 2014-12-18.
  9. http://siteresources.worldbank.org/DATASTATISTICS/Resources/GDP_PPP.pdf
  10. "Report for Selected Countries and Subjects". www.imf.org.
  11. Elliott, Larry (January 6, 2011). "GDP projections from PwC: how China, India and Brazil will overtake the West by 2050". the Guardian.
  12. ""Real Historical Gross Domestic Product (GDP) Shares and Growth Rates of GDP Shares", USDA, November 2009". Ers.usda.gov. Archived from the original on 2013-09-08. Retrieved 2014-01-19.
  13. Azar Gat (2008). War in Human Civilization. Oxford University Press. p. 517. ISBN 978-0-19-923663-3.
  14. The World Economy page 263 by Angus Maddison
  15. Hermann, Haack (1 January 1967). "Zahlen und Tatsachen zur Entwicklung der Sowjetunion, 50 Jahre Sowjetmacht": 74. Cite journal requires |journal= (help)
  16. https://knoema.ru/atlas/Российская-Федерация/ВВП-по-ППС-на-душу-населения
  17. S. Gurumurthy (2008). Outlook Business. Outlook Publishing. p. 70.
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