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The global contribution to world's GDP by major economies from 1 AD to 2008 AD according to Angus Maddison's estimates [1]. This historical list of the ten largest countries by GDP compiled by British economist Angus Maddison shows how much the membership and rankings of the world's ten largest economies has changed.
Historical list of the world's ten largest economies by GDP (PPP) (billions USD) (World Bank figures) [1] [2] Year World Top 10 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 2015 113,612.52: 68,997.53 China 19,524.35 United States 17,947.0 India 8,003.40 Germany 3,848.27 Russia 3,579.83 Brazil 3,192.40 Indonesia 2,842.24 United Kingdom 2,691.81
The gross domestic product of India was estimated at 24.4% of the world's economy in 1500, 22.4% in 1600, 16% in 1820, and 12.1% in 1870. India's share of global GDP declined to less than 2% of global GDP by the time of its independence in 1947, and only rose gradually after the liberalization of its economy beginning in the 1990s.
GDP (local currency) GDP (billion US$) Year 1: Sydney metropolitan area Australia: AU$ 461.440 billion 344.926 2018 [43] 2: Melbourne metropolitan area Australia: AU$ 369.439 billion 276.156 2018 [43] 3: Brisbane metropolitan area Australia: AU$ 177.006 billion 132.312 2018 [43] 4: Perth metropolitan area Australia: AU$ 146.880 billion 109.973 ...
These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database (October 2024 edition) and/or other sources. [1] For older GDP trends, see List of regions by past GDP (PPP).
Data are in millions of international dollars; they were compiled by the World Bank. The third table is a tabulation of the CIA World Factbook GDP (PPP) data update of 2019. The data for GDP at purchasing power parity has also been rebased using the new International Comparison Program price surveys and extrapolated to 2007.
These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, October 2024 Edition. [1] The figures are given or expressed in Millions of International Dollars at current prices.
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.