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The 21 Largest Economies in the World

The 21 Largest Economies in the World

Do you ever wonder what countries have the biggest economies in the world? Now you can see the list in one place.

Learning more about the geopolitical landscape also includes learning about economies around the globe. This short blog can help you learn more about which ones are the biggest.

Gross domestic product is a monetary measure of the market value of all the final goods and services produced in a specific time period within a country. It is commonly used to measure the size of an economy, which is a major factor in how powerful, influential or important a country is considered by other countries.

Eight of the countries are from Asia, eight from Europe, and four from the Americas. There are no countries on the list from Africa — Nigeria has the 29th largest economy in the world.

In 2021, 18 of these 21 countries had a Gross Domestic Product, or GDP over 1 trillion dollars, valued in US Dollars.

The top two economies on this list were so large in 2021, together they were larger than the other 19 combined.

The Largest Economies in the World

Sky Scrapers

Without further ado, let’s take a look at the list:

21. Turkey: $795 billion

20. Switzerland: $810 billion

19. Saudi Arabia: $842 billion

18. The Netherlands: $1.00 trillion

17. Iran: $1.08 trillion

16. Indonesia: $1.15 trillion

15. Mexico: $1.29 trillion

14. Spain: $1.44 trillion

13. Australia: $1.61 trillion

12. Brazil: $1.645 trillion

11. Russia: $1.647 trillion

10. South Korea: $1.82 trillion

9. Canada: $2.02 trillion

8. Italy: $2.12 trillion

7. France: $2.940 trillion

6. India: $2.946 trillion

5. United Kingdom: $3.11 trillion

4. Germany: $4.23 trillion

3. Japan: $5.10 trillion

2. China: $16.86 trillion

1. The United States: $22.93 trillion

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This content is for news and educational purposes only. It does not constitute trading advice. Past performance does not indicate future results. Do not invest more than you can afford to lose. The author of this article may hold assets mentioned in the piece.

Author

Alexandre Lores is a personal finance writer from Tampa Bay, Florida, with the goal to help one million people achieve financial freedom. He has spent over five years studying markets and economics, finding Bitcoin in 2017 and never turning back. He frequently appears on TV and in online news articles and is a regular Twitter spaces host.

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