Output is not market value.
GDP measures production over a period. Company market capitalisation values equity at a point in time. A GDP ranking cannot tell you which stock market is cheapest, or how a listed company will perform.
Tools / Country economy explorer
THE WORLD, IN PERSPECTIVECompare country economies.
Compare country economies.
GDP, growth and inflation.
See how large an economy is, how quickly it is growing and what changes when you look per person. Compare countries using the same year, then follow their history.
217 economies2015–2025 observationsWorld Bank WDI
SIZE IS ONLY ONE PART OF THE STORY
A big economy can have modest output per person. A smaller economy can be growing faster. Start with the question you want to answer.
Compare India and Australia ↓ONE YEAR. FIVE PERSPECTIVES.
Find your starting point.
How large is the economy?
The value of output at current prices, converted to US dollars. Currency movements and inflation affect this figure.
200 of 217 economies report this measure for 2024. Ranks use reported values only; higher does not always mean better.217 matching economies · 2024 · ranked by gdp
| Rank | Economy | GDPcurrent US$ | Compare |
|---|---|---|---|
| 1 | United StatesNorth America | US$29.3T | |
| 2 | ChinaEast Asia & Pacific | US$18.73T | |
| 3 | GermanyEurope & Central Asia | US$4.69T | |
| 4 | JapanEast Asia & Pacific | US$4.19T | |
| 5 | IndiaSouth Asia | US$3.76T | |
| 6 | United KingdomEurope & Central Asia | US$3.7T | |
| 7 | FranceEurope & Central Asia | US$3.16T | |
| 8 | ItalyEurope & Central Asia | US$2.38T | |
| 9 | CanadaNorth America | US$2.27T | |
| 10 | Russian FederationEurope & Central Asia | US$2.19T | |
| 11 | BrazilLatin America & Caribbean | US$2.19T | |
| 12 | Korea, Rep.East Asia & Pacific | US$1.88T | |
| 13 | MexicoLatin America & Caribbean | US$1.83T | |
| 14 | AustraliaEast Asia & Pacific | US$1.76T | |
| 15 | SpainEurope & Central Asia | US$1.73T | |
| 16 | IndonesiaEast Asia & Pacific | US$1.4T | |
| 17 | TurkiyeEurope & Central Asia | US$1.36T | |
| 18 | Saudi ArabiaMiddle East, North Africa, Afghanistan & Pakistan | US$1.25T | |
| 19 | NetherlandsEurope & Central Asia | US$1.21T | |
| 20 | SwitzerlandEurope & Central Asia | US$969.92B | |
| 21 | PolandEurope & Central Asia | US$917.77B | |
| 22 | BelgiumEurope & Central Asia | US$670.98B | |
| 23 | ArgentinaLatin America & Caribbean | US$638.37B | |
| 24 | IrelandEurope & Central Asia | US$609.16B | |
| 25 | SwedenEurope & Central Asia | US$604.83B |
Economies include countries and territories in the World Bank list; regional and income-group aggregates are excluded. Missing observations are listed after ranked entries. No older figure is substituted.
PUT THE NUMBERS IN CONTEXT
Up to three economiesCompare, then look back.
🇮🇳 India · 2024US$3.76TGDP · current US$
- GDP per person
- US$2,591.99
- Real GDP growth
- 7.1%
- Consumer inflation
- 4.95%
- Population
- 1.45B
🇦🇺 Australia · 2024US$1.76TGDP · current US$
- GDP per person
- US$64,609.99
- Real GDP growth
- 1.37%
- Consumer inflation
- 3.17%
- Population
- 27.19M
GDP over time
current US$ · 2015–2024. Current-dollar changes include price and exchange-rate effects; they are not real GDP growth.
IndiaAustralia
Show exact annual values
| Year | India | Australia |
|---|---|---|
| 2015 | US$2,103,588,360,044.94 | US$1,356,805,839,935.9 |
| 2016 | US$2,294,796,885,663.16 | US$1,211,588,128,417.61 |
| 2017 | US$2,651,474,262,755.45 | US$1,330,890,554,614.09 |
| 2018 | US$2,702,929,641,648.74 | US$1,433,144,978,761.67 |
| 2019 | US$2,835,606,256,558.19 | US$1,398,349,602,956.35 |
| 2020 | US$2,674,851,578,587.27 | US$1,333,336,461,648.09 |
| 2021 | US$3,167,270,623,260.47 | US$1,560,617,493,202.69 |
| 2022 | US$3,249,938,492,013.47 | US$1,695,627,535,475.8 |
| 2023 | US$3,500,906,030,644.76 | US$1,734,451,264,655.6 |
| 2024 | US$3,760,813,470,500.86 | US$1,757,022,451,652.83 |
Gaps stay gaps: lines do not bridge missing years. Index mode needs a positive 2015 observation; an economy without one has no indexed series.
Read the numbers together.
Big and prosperous are different.
Total output tends to be larger where more people live. GDP per person adds population context, but does not describe the typical household or account for purchasing-power differences between countries.
Growth needs the right measure.
Choose real GDP growth to compare price-adjusted output changes. Use the historical chart to see a pattern across years. One strong year after a contraction does not establish a lasting trend.
Try this: India versus Australia.
Keep the same observation year and switch from GDP to GDP per person. Then switch to real GDP growth. The economies keep their identities, but their relative position changes with the question. The comparison cards preserve the other measures so you can see why.
Inflation is a rate, not a price level.
A country with 2% inflation and another with 8% inflation are reporting different rates of price change. That does not establish which has cheaper groceries or housing. Negative inflation means the measured basket became cheaper on average, not that every price fell. National baskets and coverage can differ.
Use a common year before drawing a conclusion.
Newer data is not equally available everywhere. The default is the most recent year with GDP observations for at least 90% of the economies in this snapshot. You can select a newer year, but check the coverage count first. An empty cell is missing evidence, not zero activity.
The five measures provide economic context. They do not rank investment opportunities: market valuations, corporate earnings, currency exposure and your own investment horizon answer different questions.
Sources and method.
Source: World Bank, World Development Indicators. Snapshot downloaded 2026-10-06. Values cover 2015–2025; these are annual observations, not live readings or forecasts.
- Country names and regions follow the World Bank API. Aggregates are excluded; inclusion is a statistical coverage choice.
- Every ranking and comparison card uses the selected observation year. We retain source nulls, include negative rates and assign equal ranks to identical reported values.
- GDP per person comes from the official per-capita series. Cards round for readability; the annual table and CSV retain greater precision.
- Index charts divide each year’s reported value by the same economy’s 2015 value and multiply by 100. No values are interpolated.
- Refreshes replace the snapshot only after validation. Figures can be revised by the source; the download date does not mean every observation was newly published.
GDP NY.GDP.MKTP.CD
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Underlying source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)
API provider update date: 2026-07-13.
Open official series ↗GDP per person NY.GDP.PCAP.CD
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Underlying source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)
API provider update date: 2026-07-13.
Open official series ↗Real GDP growth NY.GDP.MKTP.KD.ZG
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
Underlying source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)
API provider update date: 2026-07-13.
Open official series ↗Consumer inflation FP.CPI.TOTL.ZG
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.
Underlying source: International Financial Statistics database, International Monetary Fund (IMF)
API provider update date: 2026-07-13.
Open official series ↗Population SP.POP.TOTL
Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. The values shown are midyear estimates.
Underlying source: World Population Prospects, United Nations (UN), uri: https://population.un.org/wpp/, publisher: UN Population Division; Statistical databases and publications from national statistical offices, National Statistical Offices (NSOs), uri: https://unstats.un.org/home/nso_sites/, publisher: National Statistical Offices; Eurostat: Demographic Statistics, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/data/database?node_code=earn_ses_monthly, publisher: Eurostat; Population and Vital Statistics Report (various years), United Nations (UN), uri: https://unstats.un.org, publisher: UN Statistics Division
API provider update date: 2026-07-13.
Open official series ↗Data attribution: World Bank, World Development Indicators. Used under CC BY 4.0 and the World Bank additional terms. MarketByCountry filters, ranks, rounds and visualises the data, and calculates indexed series. This presentation is independent; no World Bank endorsement is implied.