The world economic map in 2024 shows the continued dominant position of traditional powers. The United States 🇺🇸 maintains a clear lead with a GDP of 28.78 trillion dollars, while China 🇨🇳 with 18.53 trillion dollars remains second. This difference illustrates the ongoing dominance of the Western economy, although China's economic influence is gradually increasing.
### European Economy and Its Position
In European countries by GDP, Germany 🇩🇪 stands out as the largest economy on the continent with 4.59 trillion dollars. Following are France 🇫🇷 with 3.13 trillion and the United Kingdom 🇬🇧 with 3.50 trillion. Italy's economy 🇮🇹 reaches 2.33 trillion dollars, placing it alongside Brazil.
Smaller European countries by GDP also hold important positions in the global rankings. Switzerland 🇨🇭 with 938 billion dollars, Poland 🇵🇱 with 844 billion, and Belgium 🇧🇪 with 655 billion represent the economic strength of Central and Northern Europe.
### Asian Economic Rise
Asian countries by GDP in 2024 demonstrate dynamic growth. Japan 🇯🇵 retains its position with 4.11 trillion dollars, while India 🇮🇳 with 3.94 trillion is gradually gaining influence. South Korea 🇰🇷 reaches 1.76 trillion, Indonesia 🇮🇩 1.48 trillion, and Vietnam 🇻🇳 contributes 465 billion dollars.
Economic powers like Singapore 🇸🇬 (525 billion dollars), Hong Kong 🇭🇰 (406 billion), and Taiwan 🇹🇼 (802 billion) remain financial centers with disproportionate influence relative to their land area.
### Other Global Centers
Beyond the traditional powers, other countries by GDP also play roles. Canada 🇨🇦 offers 2.24 trillion dollars, Mexico 🇲🇽 2.02 trillion, and Australia 🇦🇺 1.79 trillion. In the Middle East region, the UAE 🇦🇪 (527 billion dollars) and Saudi Arabia 🇸🇦 (1.11 trillion) are key players.
Latin America is represented by Brazil 🇧🇷 with 2.33 trillion, Argentina 🇦🇷 with 604 billion, Colombia 🇨🇴 with 386 billion, and Chile 🇨🇱 with 333 billion dollars.
### Complete Top 50 Countries by GDP
The remaining countries in the GDP ranking include: Russia 🇷🇺 (2.06 trillion), Turkey 🇹🇷 (1.11 trillion), Ireland 🇮🇪 (564 billion), Thailand 🇹🇭 (548 billion), Austria 🇦🇹 (540 billion), Israel 🇮🇱 (530 billion), Norway 🇳🇴 (526 billion), Philippines 🇵🇭 (471 billion), Iran 🇮🇷 (464 billion), Bangladesh 🇧🇩 (455 billion), Malaysia 🇲🇾 (455 billion), Denmark 🇩🇰 (409 billion), South Africa 🇿🇦 (373 billion), Romania 🇷🇴 (369 billion), Egypt 🇪🇬 (347 billion), Czech Republic 🇨🇿 (325 billion), Finland 🇫🇮 (308 billion), Portugal 🇵🇹 (298 billion), Kazakhstan 🇰🇿 (296 billion), Peru 🇵🇪 (282 billion), and Algeria 🇩🇿 (266 billion dollars).
This overview of countries by GDP in 2024 shows that economic power remains concentrated in traditional powers, although Asian economies are gradually gaining weight. Data from the IMF.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
## Global Economic Powers: GDP by Country in 2024
The world economic map in 2024 shows the continued dominant position of traditional powers. The United States 🇺🇸 maintains a clear lead with a GDP of 28.78 trillion dollars, while China 🇨🇳 with 18.53 trillion dollars remains second. This difference illustrates the ongoing dominance of the Western economy, although China's economic influence is gradually increasing.
### European Economy and Its Position
In European countries by GDP, Germany 🇩🇪 stands out as the largest economy on the continent with 4.59 trillion dollars. Following are France 🇫🇷 with 3.13 trillion and the United Kingdom 🇬🇧 with 3.50 trillion. Italy's economy 🇮🇹 reaches 2.33 trillion dollars, placing it alongside Brazil.
Smaller European countries by GDP also hold important positions in the global rankings. Switzerland 🇨🇭 with 938 billion dollars, Poland 🇵🇱 with 844 billion, and Belgium 🇧🇪 with 655 billion represent the economic strength of Central and Northern Europe.
### Asian Economic Rise
Asian countries by GDP in 2024 demonstrate dynamic growth. Japan 🇯🇵 retains its position with 4.11 trillion dollars, while India 🇮🇳 with 3.94 trillion is gradually gaining influence. South Korea 🇰🇷 reaches 1.76 trillion, Indonesia 🇮🇩 1.48 trillion, and Vietnam 🇻🇳 contributes 465 billion dollars.
Economic powers like Singapore 🇸🇬 (525 billion dollars), Hong Kong 🇭🇰 (406 billion), and Taiwan 🇹🇼 (802 billion) remain financial centers with disproportionate influence relative to their land area.
### Other Global Centers
Beyond the traditional powers, other countries by GDP also play roles. Canada 🇨🇦 offers 2.24 trillion dollars, Mexico 🇲🇽 2.02 trillion, and Australia 🇦🇺 1.79 trillion. In the Middle East region, the UAE 🇦🇪 (527 billion dollars) and Saudi Arabia 🇸🇦 (1.11 trillion) are key players.
Latin America is represented by Brazil 🇧🇷 with 2.33 trillion, Argentina 🇦🇷 with 604 billion, Colombia 🇨🇴 with 386 billion, and Chile 🇨🇱 with 333 billion dollars.
### Complete Top 50 Countries by GDP
The remaining countries in the GDP ranking include: Russia 🇷🇺 (2.06 trillion), Turkey 🇹🇷 (1.11 trillion), Ireland 🇮🇪 (564 billion), Thailand 🇹🇭 (548 billion), Austria 🇦🇹 (540 billion), Israel 🇮🇱 (530 billion), Norway 🇳🇴 (526 billion), Philippines 🇵🇭 (471 billion), Iran 🇮🇷 (464 billion), Bangladesh 🇧🇩 (455 billion), Malaysia 🇲🇾 (455 billion), Denmark 🇩🇰 (409 billion), South Africa 🇿🇦 (373 billion), Romania 🇷🇴 (369 billion), Egypt 🇪🇬 (347 billion), Czech Republic 🇨🇿 (325 billion), Finland 🇫🇮 (308 billion), Portugal 🇵🇹 (298 billion), Kazakhstan 🇰🇿 (296 billion), Peru 🇵🇪 (282 billion), and Algeria 🇩🇿 (266 billion dollars).
This overview of countries by GDP in 2024 shows that economic power remains concentrated in traditional powers, although Asian economies are gradually gaining weight. Data from the IMF.