Gross domestic product (GDP) ranking by country 2016 (in billion U.S. dollars)

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GDP in billion U.S. dollars
United States 18,561.93
China 11,391.62
Japan 4,730.3
Germany 3,494.9
United Kingdom 2,649.89
France 2,488.28
India 2,250.99
Italy 1,852.5
Brazil 1,769.6
Canada 1,532.34
Korea 1,404.38
Russia 1,267.75
Australia 1,256.64
Spain 1,252.16
Mexico 1,063.61
Indonesia 940.95
Netherlands 769.93
Turkey 735.72
Switzerland 662.48
Saudi Arabia 637.79
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About This Statistic

The statistic shows a gross domestic product (GDP) ranking by country in 2016. In 2016, Saudi Arabia ranked 20th with an estimated GDP of about 638 billion U.S. dollars.

Global gross domestic product

Global gross domestic product (GDP) amounts to almost 75 trillion U.S. dollars, with the United States making up more than 18 percent of it alone. Interestingly enough, China, one of the BRIC-states, is following closely. The BRIC- states (Brazil, Russia, India and China) are the four major emerging countries (click here for further information). It is also estimated that China will report the highest GDP in 2030, thus replacing the United States at the top.

The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Both industrialized and emerging countries account for approximately 50 percent of global gross domestic product each.

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