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Trillion dollar club (macroeconomics)

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(Redirected from Trillion dollar club) GDP of more than US$1 trillion

The Trillion dollar club is an unofficial classification of the world's major economies with a gross domestic product (nominal GDP) of more than US$1 trillion per year. As of 2023, it included 19 countries. This does not include purchasing power parity, which increases the GDP of many countries with an undervalued currency, which are usually poorer countries.

Since currency valuations can be subject to rapid change, a country could achieve the US$1 trillion nominal GDP mark one year and then produce less than that in total goods and services the following year(s). The 2010 data used here are compiled according to the International Monetary Fund (IMF) values. As for the former Soviet Union, the last statistics about its economy stated that it had an over US$2.5 trillion economy in the 1990 fiscal year, before its collapse.

US$1 trillion – US$10 trillion

US$1 trillion economy

Year Country Source
1969  United States
1972  European Union
1979  Japan
1987  West Germany
1988  France
1989  United Kingdom
1990  Italy
1998  China
2004  Spain
2004  Canada
2006  Brazil
2006  South Korea
2007  India
2007  Mexico
2007  Russia
2008  Australia
2017  Indonesia
2021  Netherlands
2022  Saudi Arabia
2023  Turkey

US$2 trillion economy

Year Country Source
1977  European Union
1977  United States
1986  Japan
1992  Germany
2003  United Kingdom
2004  France
2005  China
2007  Italy
2010  Brazil
2011  Russia
2014  India
2021  Canada
2024  Mexico

US$3 trillion economy

Year Country Source
1979  European Union
1981  United States
1988  Japan
2007  Germany
2007  China
2007  United Kingdom
2021  India
2023  France

US$4 trillion economy

Year Country Source
1984  United States
1986  European Union
1993  Japan
2008  China
2018  Germany
2025  India

US$5 trillion economy

Year Country Source
1987  European Union
1988  United States
1995  Japan
2009  China

US$6 trillion economy

Year Country Source
1989  European Union
1992  United States
2010  China
2011  Japan

US$7 trillion economy

Year Country Source
1990  European Union
1994  United States
2011  China

US$8 trillion economy

Year Country Source
1992  European Union
1996  United States
2012  China

US$9 trillion economy

Year Country Source
1995  European Union
1998  United States
2013  China

US$10 trillion economy

Year Country Source
2000  United States
2004  European Union
2014  China

US$10 trillion – US$20 trillion

US$11 trillion economy

Year Country Source
2003  United States
2004  European Union
2015  China

US$12 trillion economy

Year Country Source
2004  European Union
2004  United States
2017  China

US$13 trillion economy

Year Country Source
2004  European Union
2005  United States
2018  China

US$14 trillion economy

Year Country Source
2005  European Union
2007  United States
2019  China

US$15 trillion economy

Year Country Source
2006  European Union
2011  United States
2021  China

US$16 trillion economy

Year Country Source
2007  European Union
2012  United States
2021  China

US$17 trillion economy

Year Country Source
2007  European Union
2014  United States
2021  China

US$18 trillion economy

Year Country Source
2008  European Union
2015  United States
2023  China

US$19 trillion economy

Year Country Source
2008  European Union
2018  United States
2023  China

US$20 trillion economy

Year Country Source
2018  United States

US$21 trillion – US$30 trillion

US$21 trillion economy

Year Country Source
2019  United States

US$22 trillion economy

Year Country Source
2021  United States

US$23 trillion economy

Year Country Source
2023  United States

US$24 trillion economy

Year Country Source
2023  United States

US$25 trillion economy

Year Country Source
2023  United States

See also

References

  1. Welcome to the Trillion Dollar Club - Forbes.com 26 April 2007
  2. Indian joins the Trillion Dollar Club - The Hindu 27 April 2007
  3. ^ "World Bank". Data.worldbank.org. Retrieved 6 May 2019.
  4. ^ "Report for Selected Countries and Subjects". IMF.org. Retrieved 3 March 2022.
  5. "Saudi GDP Exceeds $1 Tln, Shows Kingdom's Economy Is on Right Track".
  6. "April 2023".
  7. "GDP from 2020 through 2024, April 2021 estimate | World Economic Outlook Database".
  8. "Gross Domestic Product, Fourth Quarter and Year 2022 (Second Estimate) | U.S. Bureau of Economic Analysis (BEA)". www.bea.gov. Retrieved 25 April 2023.
  9. "Gross Domestic Product, Fourth Quarter and Year 2022 (Second Estimate) | U.S. Bureau of Economic Analysis (BEA)". www.bea.gov. Retrieved 25 April 2023.
  10. "Gross Domestic Product, Fourth Quarter and Year 2022 (Second Estimate) | U.S. Bureau of Economic Analysis (BEA)". www.bea.gov. Retrieved 25 April 2023.
Lists of countries by GDP rankings
Nominal
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(PPP)
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Countries by region
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