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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.

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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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Agriculture

The World’s Top Cocoa Producing Countries

Here are the largest cocoa producing countries globally—from Côte d’Ivoire to Brazil—as cocoa prices hit record highs.

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This tree map graphic shows the world's biggest cocoa producers.

The World’s Top Cocoa Producing Countries

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.

West Africa is home to the largest cocoa producing countries worldwide, with 3.9 million tonnes of production in 2022.

In fact, there are about one million farmers in Côte d’Ivoire supplying cocoa to key customers such as Nestlé, Mars, and Hershey. But the massive influence of this industry has led to significant forest loss to plant cocoa trees.

This graphic shows the leading producers of cocoa, based on data from the UN FAO.

Global Hotspots for Cocoa Production

Below, we break down the top cocoa producing countries as of 2022:

Country2022 Production, Tonnes
🇨🇮 Côte d'Ivoire2.2M
🇬🇭 Ghana1.1M
🇮🇩 Indonesia667K
🇪🇨 Ecuador337K
🇨🇲 Cameroon300K
🇳🇬 Nigeria280K
🇧🇷 Brazil274K
🇵🇪 Peru171K
🇩🇴 Dominican Republic76K
🌍 Other386K

With 2.2 million tonnes of cocoa in 2022, Côte d’Ivoire is the world’s largest producer, accounting for a third of the global total.

For many reasons, the cocoa trade in Côte d’Ivoire and Western Africa has been controversial. Often, farmers make about 5% of the retail price of a chocolate bar, and earn $1.20 each day. Adding to this, roughly a third of cocoa farms operate on forests that are meant to be protected.

As the third largest producer, Indonesia produced 667,000 tonnes of cocoa with the U.S., Malaysia, and Singapore as major importers. Overall, small-scale farmers produce 95% of cocoa in the country, but face several challenges such as low pay and unwanted impacts from climate change. Alongside aging trees in the country, these setbacks have led productivity to decline.

In South America, major producers include Ecuador and Brazil. In the early 1900s, Ecuador was the world’s largest cocoa producing country, however shifts in the global marketplace and crop disease led its position to fall. Today, the country is most known for its high-grade single-origin chocolate, with farms seen across the Amazon rainforest.

Altogether, global cocoa production reached 6.5 million tonnes, supported by strong demand. On average, the market has grown 3% annually over the last several decades.

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