Ranked: The World’s Largest Economies in 2026
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Ranked: The World’s Largest Economies in 2026
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Key Takeaways
The U.S. will remain the world’s largest economy in 2026 with a projected GDP of $31.8 trillion.
China ($20.6 trillion) and Germany ($5.3 trillion) will also remain unchanged at second and third place respectively.
India ($4.5 trillion) overtook Japan for fourth place in 2025, and will hold its position in 2026.
The 2026 world economy has a cautious outlook, according to the October report put out by the International Monetary Fund (IMF).
The organization says that global growth is slowing amid fragmentation and rising protectionism. Significant downside risks are present, ranging from a potential tech stock repricing to eroding institutional independence which could weaken policy decisions.
Nevertheless, we take our annual look at every country’s GDP breakdown, using 2026 projections from the IMF’s datamapper, as of October 2025.
It tracks the size of each economy in current-dollar terms.
The U.S. is the Largest Economy in the World
At first place for the last 100 years, and destined to perhaps continue for the next 100?
The American economy is expected to reach $31.8 trillion in GDP by 2026. This is roughly the size of China (2nd), Germany (3rd), and India (4th) combined.
RankRegion/CountryGDP (Billions USD, 2026)
1 U.S.$31,821.29
2 China$20,650.75
3 Germany$5,328.18
4 India$4,505.63
5 Japan$4,463.63
6 UK$4,225.64
7 France$3,558.56
8 Italy$2,701.54
9 Russia$2,509.42
10 Canada$2,420.84
11 Brazil$2,292.69
12 Spain$2,041.83
13 Mexico$2,031.00
14 Australia$1,948.23
15 South Korea$1,936.62
16 Türkiye$1,576.11
17 Indonesia$1,550.24
18 Netherlands$1,413.08
19 Saudi Arabia$1,316.25
20 Poland$1,109.96
21 Switzerland$1,074.59
22 Taiwan$971.45
23 Belgium$761.17
24 Ireland$750.11
25 Sweden$711.50
26 Argentina$667.92
27 Israel$666.41
28 Singapore$606.23
29 Austria$604.20
30 UAE$601.16
31 Thailand$561.51
32 Norway$547.69
33 Philippines$533.92
34 Bangladesh$519.29
35 Vietnam$511.06
36 Malaysia$505.36
37 Denmark$500.05
38 Colombia$462.25
39 Hong Kong$446.65
40 Romania$444.81
41 South Africa$443.64
42 Czech Republic$417.13
43 Egypt$399.51
44 Iran$375.64
45 Portugal$364.53
46 Chile$363.30
47 Finland$335.53
48 Nigeria$334.34
49 Peru$326.61
50 Kazakhstan$319.77
51 Greece$304.84
52 Algeria$284.98
53 New Zealand$280.55
54 Iraq$273.91
55 Hungary$269.92
56 Qatar$239.14
57 Ukraine$224.26
58 Morocco$196.12
59 Slovak Republic$167.73
60 Kuwait$162.90
61 Uzbekistan$159.20
62 Bulgaria$142.20
63 Kenya$140.87
64 Dominican Republic$138.34
65 Ecuador$134.71
66 Guatemala$129.47
67 Puerto Rico$129.19
68 Ethiopia$125.74
69 Ghana$113.49
70 Croatia$113.13
71 Serbia$112.11
72 Côte d’Ivoire$111.45
73 Angola$109.86
74 Costa Rica$109.14
75 Oman$108.91
76 Luxembourg$107.76
77 Lithuania$104.65
78 Panama$95.91
79 Tanzania$95.35
80 Uruguay$90.64
81 Belarus$90.56
82 DRC$88.13
83 Slovenia$85.74
84 Azerbaijan$80.02
85 Venezuela$79.92
86 Turkmenistan$76.90
87 Uganda$72.46
88 Cameroon$67.52
89 Myanmar$65.17
90 Tunisia$60.43
91 Jordan$59.29
92 Zimbabwe$55.43
93 Macao SAR$54.94
94 Latvia$52.25
95 Paraguay$51.67
96 Cambodia$51.51
97 Estonia$51.04
98 Bahrain$49.19
99 Libya$49.16
100 Nepal$49.11
101 Iceland$43.40
102 Cyprus$43.16
103 Honduras$40.82
104 Georgia$40.18
105 Senegal$39.99
106 Sudan$39.47
107 El Salvador$37.98
108 Bosnia & Herzegovina$36.24
109 Zambia$33.95
110 Papua New Guinea$33.46
111 Albania$32.41
112 Haiti$31.10
113 Guinea$30.92
114 Burkina Faso$30.71
115 Malta$30.44
116 Armenia$29.08
117 Mali$28.48
118 Guyana$27.49
119 Benin$27.45
120 Trinidad & Tobago$26.76
121 Mongolia$26.52
122 Mozambique$26.51
123 Niger$26.11
124 Jamaica$24.13
125 Chad$23.56
126 Gabon$22.73
127 Nicaragua$21.86
128 Kyrgyz Republic$21.56
129 Madagascar$21.09
130 Moldova$21.02
131 North Macedonia$20.75
132 Botswana$20.71
133 Tajikistan$18.94
134 Malawi$17.86
135 Lao P.D.R.$17.78
136 Yemen$17.24
137 Congo$16.95
138 The Bahamas$16.84
139 Mauritius$16.76
140 Brunei Darussalam$16.46
141 Namibia$16.10
142 Rwanda$15.47
143 Equatorial Guinea$14.10
144 Kosovo$14.10
145 Somalia$13.91
146 Mauritania$12.85
147 Togo$12.18
148 Montenegro$10.23
149 Liechtenstein$10.12
150 Sierra Leone$9.30
151 Burundi$9.21
152 Maldives$8.22
153 Barbados$7.94
154 Fiji$6.70
155 South Sudan$6.03
156 Liberia$5.59
157 Eswatini$5.50
158 Djibouti$5.00
159 Suriname$4.87
160 Andorra$4.72
161 Aruba$4.47
162 Bhutan$3.77
163 Central African Republic$3.71
164 Belize$3.44
165 Cabo Verde$3.14
166 Saint Lucia$2.77
167 Guinea-Bissau$2.76
168 Gambia, The$2.67
169 Lesotho$2.47
170 Antigua and Barbuda$2.46
171 San Marino$2.39
172 Seychelles$2.25
173 Timor-Leste$2.21
174 Solomon Islands$2.05
175 Comoros$1.77
176 Grenada$1.52
177 Samoa$1.33
178 Saint Vincent & the Grenadines$1.30
179 Saint Kitts & Nevis$1.19
180 Vanuatu$1.18
181 São Tomé & Príncipe$1.13
182 Dominica$0.79
183 Tonga$0.62
184 Micronesia$0.52
185 Palau$0.36
186 Kiribati$0.34
187 Marshall Islands$0.33
188 Nauru$0.18
189 Tuvalu$0.06
N/A World$123,584.49
A somewhat resilient labor market and continued consumer spending underpin this dominance.
However its growth projections have been revised downward since this time last year after trade wars rattled global markets and contributed to rising prices for the world’s largest consumer economy.
Related: Check out this breakdown of America’s $19 trillion consumer economy.
Meanwhile, China’s GDP is projected at $20.7 trillion, 35% below the U.S. total but still threefold that of the third-ranked Germany.
Structural headwinds—from an aging population to a tepid property market—are cooling GDP growth to the 4% range, the slowest multi-year pace in four decades.
Added disruption from tariffs on Chinese goods will also affect the world’s largest export sector.
Related: Check out the World’s 30 Largest Export Countries.
India ($4.5 trillion) is on track to hold on to fourth place after leapfrogging Japan in 2025, helped by its domestic demand. Elsewhere, Indonesia and Türkiye edge up the list, illustrating the demographic advantage and policy reforms of many mid-income nations.
A Regional Breakdown of Global GDP
Asia pips North America as the world’s largest economic region.
With China, Japan, and India, the region has a slight advantage over the U.S. and Canada.
RankRegion2026 GDP (Billions)Readable Label
1Asia$39,064.88$39.1T
2North America$37,096.07$37.1T
3Europe$31,633.85$31.6T
4Middle East$5,446.16$5.4T
5South America$4,506.53$4.5T
6Africa $3,316.87$3.3T
7Oceania$2,275.92$2.3T
N/AWorld$123,584$123.6T
Europe ranks third by GDP, followed by the Middle East, South America, Africa, and finally, Oceania.
Ranked: Countries by GDP per Capita in 2026
The top three richest countries (by GDP per Capita) are also unchanged: Luxembourg ($154,115), Ireland, ($135,247), and Switzerland ($118,173).
All three benefit from significant foreign inflows that boost their economies relative to their population.
RankCountryISORegionGDP Per Capita 2026
1 LuxembourgLUXEurope$154,115
2 IrelandIRLEurope$135,247
3 SwitzerlandCHEEurope$118,173
4 IcelandISLEurope$108,591
5 SingaporeSGPAsia$99,042
6 NorwayNOREurope$96,580
7 U.S.USANorth America$92,883
8 DenmarkDNKEurope$82,706
9 NetherlandsNLDEurope$77,881
10 MacaoMACAsia$77,443
11 QatarQATMiddle East$76,534
12 San MarinoSMREurope$69,493
13 AustraliaAUSOceania$69,358
14 SwedenSWEEurope$66,124
15 AustriaAUTEurope$65,640
16 IsraelISRMiddle East$64,275
17 BelgiumBELEurope$63,896
18 GermanyDEUEurope$63,600
19 UKGBREurope$60,011
20 FinlandFINEurope$59,750
21 Hong KongHKGAsia$58,999
22 CanadaCANNorth America$58,244
23 UAEAREMiddle East$53,842
24 MaltaMLTEurope$53,082
25 New ZealandNZLOceania$52,181
26 FranceFRAEurope$51,708
27 AndorraANDEurope$51,681
28 ItalyITAEurope$45,883
29 CyprusCYPEurope$45,601
30 Taiwan, ChinaTWNAsia$41,586
31 ArubaABWSouth America$41,026
32 Puerto RicoPRINorth America$40,707
33 SpainESPEurope$40,582
34 The BahamasBHSNorth America$40,409
35 SloveniaSVNEurope$40,164
36 Czech RepublicCZEEurope$38,373
37 South KoreaKORAsia$37,523
38 EstoniaESTEurope$37,195
39 JapanJPNAsia$36,391
40 LithuaniaLTUEurope$36,225
41 Saudi ArabiaSAUMiddle East$35,839
42 BruneiBRNAsia$35,414
43 GuyanaGUYSouth America$34,307
44 PortugalPRTEurope$33,972
45 KuwaitKWTMiddle East$31,242
46 SlovakiaSVKEurope$31,026
47 PolandPOLEurope$30,651
48 BahrainBHRMiddle East$29,778
49 GreeceGRCEurope$29,412
50 CroatiaHRVEurope$29,368
51 HungaryHUNEurope$28,304
52 LatviaLVAEurope$28,024
53 BarbadosBRBNorth America$27,175
54 UruguayURYSouth America$26,041
55 RomaniaROUEurope$23,768
56 Antigua
& BarbudaATGNorth America$23,117
57 Saint Kitts
& NevisKNANorth America$23,071
58 BulgariaBGREurope$22,896
59 SeychellesSYCAfrica$21,940
60 PanamaPANNorth America$20,754
61 PalauPLWOceania$20,718
62 Costa RicaCRINorth America$20,134
63 MaldivesMDVAsia$19,682
64 OmanOMNMiddle East$19,182
65 Trinidad
& TobagoTTONorth America$18,562
66 TürkiyeTURMiddle East$18,232
67 ChileCHLSouth America$17,876
68 SerbiaSRBEurope$17,292
69 RussiaRUSEurope$17,287
70 MontenegroMNEEurope$16,380
71 KazakhstanKAZAsia$15,527
72 Saint LuciaLCANorth America$15,163
73 MexicoMEXNorth America$15,111
74 NauruNRUOceania$14,959
75 MalaysiaMYSAsia$14,762
76 ChinaCHNAsia$14,730
77 ArgentinaARGSouth America$13,895
78 MauritiusMUSAfrica$13,362
79 GrenadaGRDNorth America$13,041
80 Dominican RepublicDOMNorth America$12,605
81 AlbaniaALBEurope$12,147
82 Saint Vincent
& the GrenadinesVCTNorth America$11,663
83 North MacedoniaMKDEurope$11,527
84 TurkmenistanTKMAsia$11,387
85 GeorgiaGEOEurope$10,886
86 BrazilBRASouth America$10,709
87 Bosnia
& HerzegovinaBIHEurope$10,546
88 DominicaDMANorth America$10,459
89 BelarusBLREurope$10,016
90 GabonGABAfrica$9,647
91 PeruPERSouth America$9,398
92 ArmeniaARMEurope$9,393
93 Marshall IslandsMHLOceania$9,391
94 MoldovaMDAEurope$8,984
95 KosovoXKXEurope$8,972
96 JamaicaJAMNorth America$8,756
97 ColombiaCOLSouth America$8,644
98 Equatorial GuineaGNQAfrica$8,378
99 BelizeBLZNorth America$8,116
100 ThailandTHAAsia$7,979
101 AzerbaijanAZEEurope$7,624
102 EcuadorECUSouth America$7,384
103 BotswanaBWAAfrica$7,379
104 ParaguayPRYSouth America$7,324
105 MongoliaMNGAsia$7,320
106 SurinameSURSouth America$7,300
107 FijiFJIOceania$7,170
108 LibyaLBYAfrica$6,972
109 GuatemalaGTMNorth America$6,851
110 South AfricaZAFAfrica$6,835
111 UkraineUKREurope$6,718
112 SamoaWSMOceania$6,253
113 TongaTONOceania$6,221
114 TuvaluTUVOceania$6,137
115 Cabo VerdeCPVAfrica$6,069
116 AlgeriaDZAAfrica$5,956
117 El SalvadorSLVNorth America$5,933
118 IraqIRQMiddle East$5,873
119 MicronesiaFSMOceania$5,492
120 IndonesiaIDNAsia$5,398
121 NamibiaNAMAfrica$5,182
122 MoroccoMARAfrica$5,154
123 JordanJORMiddle East$5,149
124 VietnamVNMAsia$4,965
125 TunisiaTUNAfrica$4,826
126 BhutanBTNAsia$4,710
127 DjiboutiDJIAfrica$4,681
128 PhilippinesPHLAsia$4,619
129 EswatiniSWZAfrica$4,610
130 São Tomé
& PríncipeSTPAfrica$4,591
131 IranIRNMiddle East$4,250
132 UzbekistanUZBAsia$4,136
133 HondurasHNDNorth America$3,699
134 EgyptEGYAfrica$3,579
135 Côte d’IvoireCIVAfrica$3,294
136 VanuatuVUTOceania$3,185
137 GhanaGHAAfrica$3,179
138 ZimbabweZWEAfrica$3,127
139 NicaraguaNICNorth America$3,084
140 IndiaINDAsia$3,051
141 VenezuelaVENSouth America$2,972
142 BangladeshBGDAsia$2,960
143 CambodiaKHMAsia$2,939
144 KyrgyzstanKGZAsia$2,925
145 MauritaniaMRTAfrica$2,717
146 AngolaAGOAfrica$2,701
147 KiribatiKIROceania$2,615
148 KenyaKENAfrica$2,596
149 Papua New GuineaPNGOceania$2,560
150 Republic of CongoCOGAfrica$2,542
151 Solomon IslandsSLBOceania$2,522
152 HaitiHTINorth America$2,444
153 LaosLAOAsia$2,254
154 CameroonCMRAfrica$2,195
155 SenegalSENAfrica$2,030
156 GuineaGINAfrica$1,909
157 ComorosCOMAfrica$1,904
158 TajikistanTJKAsia$1,799
159 BeninBENAfrica$1,788
160 NepalNPLAsia$1,658
161 Timor-LesteTLSAsia$1,547
162 ZambiaZMBAfrica$1,523
163 UgandaUGAAfrica$1,458
164 TanzaniaTZAAfrica$1,378
165 NigeriaNGAAfrica$1,378
166 Guinea-BissauGNBAfrica$1,342
167 Burkina FasoBFAAfrica$1,246
168 TogoTGOAfrica$1,215
169 ChadTCDAfrica$1,209
170 MyanmarMMRAsia$1,176
171 EthiopiaETHAfrica$1,124
172 MaliMLIAfrica$1,094
173 RwandaRWAAfrica$1,069
174 Sierra LeoneSLEAfrica$1,033
175 LesothoLSOAfrica$1,024
176 LiberiaLBRAfrica$956
177 Gambia, TheGMBAfrica$925
178 NigerNERAfrica$864
179 DR CongoCODAfrica$801
180 SomaliaSOMAfrica$798
181 SudanSDNAfrica$763
182 MalawiMWIAfrica$721
183 MozambiqueMOZAfrica$720
184 MadagascarMDGAfrica$653
185 Central African RepublicCAFAfrica$651
186 BurundiBDIAfrica$618
187 YemenYEMMiddle East$401
188 South SudanSSDAfrica$369
N/A WorldWRLDWorld$15,280
Notably, European countries take up half of the top 20 spots, indicating the region’s overall standard of living.
And on the other end, 17 African countries are in the top 20 poorest countries by GDP per capita.
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