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Top Heavy: Countries by Share of the Global Economy

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countries by share of the global economy in 2022

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Countries by Share of the Global Economy

As 2022 comes to a close we can recap many historic milestones of the year, like the Earth’s population hitting 8 billion and the global economy surpassing $100 trillion.

In this chart, we visualize the world’s GDP using data from the IMF, showcasing the biggest economies and the share of global economic activity that they make up.

ℹ️ Gross Domestic Product (GDP) is a broad indicator of the economic activity within a country. It measures the total value of economic output—goods and services—produced within a given time frame by both the private and public sectors.

The GDP Heavyweights

The global economy can be thought of as a pie, with the size of each slice representing the share of global GDP contributed by each country. Currently, the largest slices of the pie are held by the United States, China, Japan, Germany, and India, which together account for more than half of global GDP.

Here’s a look at every country’s share of the world’s $101.6 trillion economy:

RankCountryGDP (Billions, USD)
#1🇺🇸 United States$25,035.2
#2🇨🇳 China$18,321.2
#3🇯🇵 Japan$4,300.6
#4🇩🇪 Germany$4,031.1
#5🇮🇳 India$3,468.6
#6🇬🇧 United Kingdom$3,198.5
#7🇫🇷 France$2,778.1
#8🇨🇦 Canada$2,200.4
#9🇷🇺 Russia$2,133.1
#10🇮🇹 Italy$1,997.0
#11🇮🇷 Iran$1,973.7
#12🇧🇷 Brazil$1,894.7
#13🇰🇷 South Korea$1,734.2
#14🇦🇺 Australia$1,724.8
#15🇲🇽 Mexico$1,424.5
#16🇪🇸 Spain$1,389.9
#17🇮🇩 Indonesia$1,289.4
#18🇸🇦 Saudi Arabia$1,010.6
#19🇳🇱 Netherlands$990.6
#20🇹🇷 Turkey$853.5
#21🇹🇼 Taiwan $828.7
#22🇨🇭 Switzerland$807.4
#23🇵🇱 Poland$716.3
#24🇦🇷 Argentina$630.7
#25🇸🇪 Sweden$603.9
#26🇧🇪 Belgium$589.5
#27🇹🇭 Thailand$534.8
#28🇮🇱 Israel$527.2
#29🇮🇪 Ireland$519.8
#30🇳🇴 Norway$504.7
#31🇳🇬 Nigeria$504.2
#32🇦🇪 United Arab Emirates$503.9
#33🇪🇬 Egypt$469.1
#34🇦🇹 Austria$468.0
#35🇧🇩 Bangladesh$460.8
#36🇲🇾 Malaysia$434.1
#37🇸🇬 Singapore$423.6
#38🇻🇳 Vietnam$413.8
#39🇿🇦 South Africa$411.5
#40🇵🇭 Philippines$401.7
#41🇩🇰 Denmark$386.7
#42🇵🇰 Pakistan$376.5
#43🇭🇰 Hong Kong SAR$368.4
#44🇨🇴 Colombia$342.9
#45🇨🇱 Chile$310.9
#46🇷🇴 Romania$299.9
#47🇨🇿 Czech Republic$295.6
#48🇮🇶 Iraq$282.9
#49🇫🇮 Finland$281.4
#50🇵🇹 Portugal$255.9
#51🇳🇿 New Zealand$242.7
#52🇵🇪 Peru$239.3
#53🇰🇿 Kazakhstan$224.3
#54🇬🇷 Greece$222.0
#55🇶🇦 Qatar$221.4
#56🇩🇿 Algeria$187.2
#57🇭🇺 Hungary$184.7
#58🇰🇼 Kuwait$183.6
#59🇲🇦 Morocco$142.9
#60🇦🇴 Angola$124.8
#61🇵🇷 Puerto Rico$118.7
#62🇪🇨 Ecuador$115.5
#63🇰🇪 Kenya$114.9
#64🇸🇰 Slovakia$112.4
#65🇩🇴 Dominican Republic$112.4
#66🇪🇹 Ethiopia$111.2
#67🇴🇲 Oman$109.0
#68🇬🇹 Guatemala$91.3
#69🇧🇬 Bulgaria$85.0
#70🇱🇺 Luxembourg$82.2
#71🇻🇪 Venezuela$82.1
#72🇧🇾 Belarus$79.7
#73🇺🇿 Uzbekistan$79.1
#74🇹🇿 Tanzania$76.6
#75🇬🇭 Ghana$76.0
#76🇹🇲 Turkmenistan$74.4
#77🇱🇰 Sri Lanka$73.7
#78🇺🇾 Uruguay$71.2
#79🇵🇦 Panama$71.1
#80🇦🇿 Azerbaijan$70.1
#81🇭🇷 Croatia$69.4
#82🇨🇮 Côte d'Ivoire$68.6
#83🇨🇷 Costa Rica$68.5
#84🇱🇹 Lithuania$68.0
#85🇨🇩 Democratic Republic of the Congo$63.9
#86🇷🇸 Serbia$62.7
#87🇸🇮 Slovenia$62.2
#88🇲🇲 Myanmar$59.5
#89🇺🇬 Uganda$48.4
#90🇯🇴 Jordan$48.1
#91🇹🇳 Tunisia$46.3
#92🇨🇲 Cameroon$44.2
#93🇧🇭 Bahrain$43.5
#94🇧🇴 Bolivia$43.4
#95🇸🇩 Sudan$42.8
#96🇵🇾 Paraguay$41.9
#97🇱🇾 Libya$40.8
#98🇱🇻 Latvia$40.6
#99🇪🇪 Estonia$39.1
#100🇳🇵 Nepal$39.0
#101🇿🇼 Zimbabwe$38.3
#102🇸🇻 El Salvador$32.0
#103🇵🇬 Papua New Guinea$31.4
#104🇭🇳 Honduras$30.6
#105🇹🇹 Trinidad and Tobago$29.3
#106🇰🇭 Cambodia$28.3
#107🇮🇸 Iceland$27.7
#108🇾🇪 Yemen$27.6
#109🇸🇳 Senegal$27.5
#110🇿🇲 Zambia$27.0
#111🇨🇾 Cyprus$26.7
#112🇬🇪 Georgia$25.2
#113🇧🇦 Bosnia and Herzegovina$23.7
#114🇲🇴 Macao SAR$23.4
#115🇬🇦 Gabon$22.2
#116🇭🇹 Haiti$20.2
#117🇬🇳 Guinea$19.7
#118West Bank and Gaza$18.8
#119🇧🇳 Brunei $18.5
#120🇲🇱 Mali$18.4
#121🇧🇫 Burkina Faso$18.3
#122🇦🇱 Albania$18.3
#123🇧🇼 Botswana$18.0
#124🇲🇿 Mozambique$17.9
#125🇦🇲 Armenia$17.7
#126🇧🇯 Benin$17.5
#127🇲🇹 Malta$17.2
#128🇬🇶 Equatorial Guinea$16.9
#129🇱🇦 Laos$16.3
#130🇯🇲 Jamaica$16.1
#131🇲🇳 Mongolia$15.7
#132🇳🇮 Nicaragua$15.7
#133🇲🇬 Madagascar$15.1
#134🇬🇾 Guyana$14.8
#135🇳🇪 Niger$14.6
#136🇨🇬 Republic of Congo$14.5
#137🇲🇰 North Macedonia$14.1
#138🇲🇩 Moldova$14.0
#139🇹🇩 Chad$12.9
#140🇧🇸 The Bahamas$12.7
#141🇳🇦 Namibia$12.5
#142🇷🇼 Rwanda$12.1
#143🇲🇼 Malawi$11.6
#144🇲🇺 Mauritius$11.5
#145🇲🇷 Mauritania$10.1
#146🇹🇯 Tajikistan$10.0
#147🇰🇬 Kyrgyzstan$9.8
#148🇽🇰 Kosovo$9.2
#149🇸🇴 Somalia$8.4
#150🇹🇬 Togo$8.4
#151🇲🇪 Montenegro$6.1
#152🇲🇻 Maldives$5.9
#153🇧🇧 Barbados$5.8
#154🇫🇯 Fiji$4.9
#155🇸🇸 South Sudan$4.8
#156🇸🇿 Eswatini$4.7
#157🇸🇱 Sierra Leone$4.1
#158🇱🇷 Liberia$3.9
#159🇩🇯 Djibouti$3.7
#160🇧🇮 Burundi$3.7
#161🇦🇼 Aruba$3.5
#162🇦🇩 Andorra$3.3
#163🇸🇷 Suriname$3.0
#164🇧🇹 Bhutan$2.7
#165🇧🇿 Belize$2.7
#166🇱🇸 Lesotho$2.5
#167🇨🇫 Central African Republic$2.5
#168🇹🇱 Timor-Leste$2.4
#169🇪🇷 Eritrea$2.4
#170🇬🇲 The Gambia$2.1
#171🇨🇻 Cabo Verde$2.1
#172🇸🇨 Seychelles$2.0
#173🇱🇨 St. Lucia$2.0
#174🇦🇬 Antigua and Barbuda$1.7
#175🇬🇼 Guinea-Bissau$1.6
#176🇸🇲 San Marino$1.6
#177🇸🇧 Solomon Islands$1.6
#178🇰🇲 Comoros$1.2
#179🇬🇩 Grenada$1.2
#180🇰🇳 St. Kitts and Nevis$1.1
#181🇻🇺 Vanuatu$1.0
#182🇻🇨 St. Vincent and the Grenadines$1.0
#183🇼🇸 Samoa$0.83
#184🇩🇲 Dominica$0.60
#185🇸🇹 São Tomé and Príncipe$0.51
#186🇹🇴 Tonga$0.50
#187🇫🇲 Micronesia$0.43
#188🇲🇭 Marshall Islands$0.27
#189🇵🇼 Palau$0.23
#190🇰🇮 Kiribati$0.21
#191🇳🇷 Nauru$0.13
#192🇹🇻 Tuvalu$0.06
#193🇺🇦 UkraineData not available
Total World GDP$101,559.3

Just five countries make up more than half of the world’s entire GDP in 2022: the U.S., China, Japan, India, and Germany. Interestingly, India replaced the UK this year as a top five economy.

Adding on another five countries (the top 10) makes up 66% of the global economy, and the top 25 countries comprise 84% of global GDP.

The World’s Smallest Economies

The rest of the world — the remaining 167 nations — make up 16% of global GDP. Many of the smallest economies are islands located in Oceania.

Here’s a look at the 20 smallest economies in the world:

CountryGDP (Billions, USD)
🇹🇻 Tuvalu$0.06
🇳🇷 Nauru$0.13
🇰🇮 Kiribati$0.21
🇵🇼 Palau$0.23
🇲🇭 Marshall Islands$0.27
🇫🇲 Micronesia$0.43
🇹🇴 Tonga$0.50
🇸🇹 São Tomé and Príncipe$0.51
🇩🇲 Dominica$0.60
🇼🇸 Samoa$0.83
🇻🇨 St. Vincent and the Grenadines$0.95
🇻🇺 Vanuatu$0.98
🇰🇳 St. Kitts and Nevis$1.12
🇬🇩 Grenada$1.19
🇰🇲 Comoros$1.24
🇸🇧 Solomon Islands$1.60
🇸🇲 San Marino$1.62
🇬🇼 Guinea-Bissau$1.62
🇦🇬 Antigua and Barbuda$1.69
🇱🇨 St. Lucia$1.97

Tuvalu has the smallest GDP of any country at just $64 million. Tuvalu is one of a dozen nations with a GDP of less than one billion dollars.

The Global Economy in 2023

Heading into 2023, there is much economic uncertainty. Many experts are anticipating a brief recession, although opinions differ on the definition of “brief”.

Some experts believe that China will buck the trend of economic downturn. If this prediction comes true, the country could own an even larger slice of the global GDP pie in the near future.

🔮🔮🔮
Speaking of predictions, we’re creating the ultimate cheatsheet for 2023.
See what hundreds of experts are predicting for 2023 with our Global Forecast Series.

Where does this data come from?

Source: IMF (International Monetary Fund)

Data note: Due to conflict and other issues, some countries are not included in this data set (e.g. Ukraine, Syria, Afghanistan). Major sources for GDP data differ widely on the size of Iran’s economy. It’s worth noting that this data from IMF ranks Iran’s GDP much higher than World Bank or the UN.

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The Top Retailers in the World, by Store Count

Here are the top retailers in the world by physical store presence, illustrating the dominance of convenience and drug store chains.

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This circle graphic shows the retailers with the highest number of locations worldwide.

The Top Retailers in the World, by Store Count

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Which retail chains have the highest global store counts?

Owing to their rapid speed of service in providing the basics to customers, convenience chains stand as the clear leaders. Going further, their smaller footprint allows them to expand their store counts at a greater scale.

This graphic shows the top retailers in the world by store count, based on data from the National Retailers Federation.

Japanese Retailers Dominate the Pack

Below, we show the global retailers with the most physical storefronts in 2023:

RankingRetailerTotal Stores WorldwideIndustryHeadquarters
1Seven & I40,454Convenience Store🇯🇵 Japan
2FamilyMart24,251Convenience Store🇯🇵 Japan
3Lawson21,902Convenience Store🇯🇵 Japan
4CP All16,042Convenience Store🇹🇭 Thailand
5AS Watson16,014Drug Store🇭🇰 Hong Kong
6Schwarz Group14,112Discount Grocery🇩🇪 Germany
7Carrefour14,014Supermarkets🇫🇷 France
8Couche-Tard13,505Convenience Store🇨🇦 Canada
9Aldi13,475Discount Grocery🇩🇪 Germany
10Walgreens Boots Alliance12,961Drug Store🇺🇸 U.S.

Leading by a wide margin is Japan’s Seven & I Holdings, with 40,454 store locations worldwide.

The retail giant includes the 7-Eleven franchise along with Ito-Yokado, its supermarket chain. While the world’s largest convenience chain traces its origins to Dallas, Texas, the remainder of the U.S-based company (27%) was acquired in 2005 in a $1.2 billion deal that took the company fully private. Today, the company operates in 10 markets globally.

Next in line are Japan’s FamilyMart and Lawson, each boasting over 20,000 locations. For perspective, Walmart, America’s largest retail company by revenues, operates 10,569 locations globally.

In Europe, Germany’s discount grocery chain Schwarz takes the lead, due to its extensive network of stores. Operating across 30 countries and with over 500,000 employees, the no-frills chain stands as a powerhouse. France’s supermarket giant, Carrefour, follows closely behind.

Ranking in eighth is Canadian retailer, Couche-Tard, with stores largely concentrated in North America and Europe. Since 2004, the company has made over 60 acquisitions, including 2,200 gas stations from French oil company TotalEnergies in 2023. The company is known for its Circle K brand, which operates in 24 countries globally.

Closing off the list is Walgreens Boots Alliance, the only American retailer in the rankings. The company owns the ubiquitous UK-based Boots brand, which was founded in 1849 in Nottingham. Yet as profits margins face increasing strains, it is looking to sell the subsidiary and instead focus more heavily on its U.S. pharmacy and healthcare businesses. With a presence in 13 countries, the pharmacy chain operates 12,961 stores worldwide.

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