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World · No. 12 of 34 by public interest

Largest economies by purchasing power

As of 2024, China is No. 1 in the purchasing-power GDP ranking (Int$38.2T), ahead of United States (Int$29.3T).

Countries by gross domestic product at purchasing-power parity, in current international dollars, which adjust for what money buys in each country; from the World Bank’s World Development Indicators.

As of
2024
Data year
2024
Last changed
88 days ago
Last checked
2 h ago
Checked
daily

Source: World Bank, World Development Indicators · CC BY 4.0 · source data A data year is ranked once every economy in the previous year’s top 50 has filed it. Taiwan is not covered by the World Bank.

The list

Movement since the 2023 data year

Largest economies by purchasing power, current order
No.MoveEconomyGDP (PPP)
1ChinaInt$38.2T
2United StatesInt$29.3T
3IndiaInt$15.6T
4Russian FederationInt$6.97T
5JapanInt$6.71T
6GermanyInt$6.18T
7BrazilInt$4.74T
8IndonesiaInt$4.67T
9United KingdomInt$4.35T
10FranceInt$4.29T
11TurkiyeInt$3.86T
12ItalyInt$3.67T
13MexicoInt$3.38T
14Korea, Rep.Int$3.16T
15SpainInt$2.84T
16CanadaInt$2.70T
17Saudi ArabiaInt$2.54T
18Egypt, Arab Rep.Int$2.23T
19NigeriaInt$2.12T
20AustraliaInt$1.96T
21PolandInt$1.87T
22Iran, Islamic Rep.Int$1.82T
23ThailandInt$1.79T
24BangladeshInt$1.68T
25Viet NamInt$1.65T
26PakistanInt$1.57T
27NetherlandsInt$1.53T
28ArgentinaInt$1.39T
29MalaysiaInt$1.38T
30PhilippinesInt$1.37T
31ColombiaInt$1.19T
32South AfricaInt$991B
33RomaniaInt$935B
34SingaporeInt$925B
35BelgiumInt$880B
36SwitzerlandInt$878B
37United Arab EmiratesInt$872B
38KazakhstanInt$843B
39AlgeriaInt$826B
40IrelandInt$760B
41SwedenInt$753B
42ChileInt$713B
43AustriaInt$695B
44IraqInt$667B
45UkraineInt$660B
46CzechiaInt$628B
47PeruInt$612B
48NorwayInt$589B
49IsraelInt$573B
50Hong Kong SAR, ChinaInt$567B

How the top 10 got here

Positions of the current top 10 over the last 12 data years123456789104 Russian Federation5 Japan6 Germany7 Brazil8 Indonesia9 United Kingdom10 France1 China2 United States3 India20122024

What changed

  1. Switzerland climbs to No. 36 in the purchasing-power GDP ranking (from No. 37)

  2. Israel climbs to No. 48 in the purchasing-power GDP ranking (from No. 50)

  3. Data year 2024: Spain climbs to No. 15 in the purchasing-power GDP ranking (from No. 16)

  4. Iraq climbs to No. 42 in the purchasing-power GDP ranking (from No. 44)

  5. France climbs to No. 9 in the purchasing-power GDP ranking (from No. 10)

  6. United Kingdom climbs to No. 9 in the purchasing-power GDP ranking (from No. 10)

  7. Netherlands climbs to No. 26 in the purchasing-power GDP ranking (from No. 27)

  8. Data year 2023: Turkey climbs to No. 11 in the purchasing-power GDP ranking (from No. 12)

  9. Brazil climbs to No. 7 in the purchasing-power GDP ranking (from No. 10)

    • Russia: No. 6 → No. 4
  10. Brazil falls to No. 10 in the purchasing-power GDP ranking (from No. 8)

  11. Data year 2022: Russia climbs to No. 5 in the purchasing-power GDP ranking (from No. 6)

  12. France climbs to No. 8 in the purchasing-power GDP ranking (from No. 9)

  13. Data year 2021: Brazil climbs to No. 8 in the purchasing-power GDP ranking (from No. 9)

  14. Vietnam climbs to No. 25 in the purchasing-power GDP ranking (from No. 30)

  15. Portugal returns to the purchasing-power GDP ranking at No. 50

  16. Data year 2020: France falls to No. 9 in the purchasing-power GDP ranking (from No. 7)

  17. France climbs to No. 7 in the purchasing-power GDP ranking (from No. 8)

  18. Ireland climbs to No. 46 in the purchasing-power GDP ranking (from No. 48)

  19. Indonesia climbs to No. 7 in the purchasing-power GDP ranking (from No. 8)

  20. Netherlands climbs to No. 24 in the purchasing-power GDP ranking (from No. 26)