Countries by GDP (constant LCU)

Iran, Islamic Rep. ranks 1st in this 211-country GDP (constant LCU) ranking with a value of 80,830,675,560,512,100, while Tuvalu sits at rank 211 with just 67,459,669. The gap between first and last represents a spread of over 119,820,740,850 percent. Because each country's series is expressed in its own national currency unit, these figures measure real domestic output growth rather than cross-country size in a common currency.

Economy category

Ranking 2024

Countries by GDP (constant LCU)
Rank	Country	Value
1	Iran	80,830,675,560,512,100
2	Indonesia	12,920,281,700,000,000
3	Vietnam	6,269,209,955,681,900
4	South Korea	2,292,202,400,000,000
5	Colombia	995,241,000,000,000
6	Japan	568,262,240,524,000
7	Somalia	296,928,666,320,000
8	Paraguay	235,725,163,034,561
9	Nigeria	217,783,985,540,000
10	Iraq	211,906,304,000,000
11	Chile	209,929,135,629,900
12	India	187,969,554,439,000
13	Uzbekistan	183,429,672,354,800
14	Uganda	152,923,057,924,200
15	Cambodia	151,946,763,875,400
16	Laos	149,143,997,133,778
17	Tanzania	148,174,931,854,700
18	China	128,231,589,615,900
19	Russia	101,047,027,813,200
20	Guinea	86,208,833,850,920
21	Myanmar	77,015,447,652,800
22	Hungary	54,363,609,942,000
23	Côte d'Ivoire	45,230,116,996,400
24	Lebanon	43,241,790,000,000
25	Costa Rica	42,755,147,159,700
26	Pakistan	42,043,917,000,000
27	Bangladesh	33,460,178,000,000
28	Mongolia	32,132,738,500,000
29	Cameroon	25,664,400,000,000
30	Mexico	25,445,201,973,000
31	United States	24,553,614,511,000
32	Madagascar	24,048,076,038,300
33	Philippines	22,244,356,637,000
34	DR Congo	17,508,377,244,000
35	Kazakhstan	17,123,044,808,200
36	Angola	16,618,204,159,324
37	Senegal	16,362,926,523,300
38	Mali	13166007813335.2
39	Rwanda	12,480,162,160,900
40	Sri Lanka	12472469478107.6
41	Benin	11,327,600,000,000
42	Thailand	11,179,501,000,000
43	Kenya	10,908,286,000,000
44	Burkina Faso	10,634,333,693,600
45	Chad	9,734,913,332,000
46	Niger	9,511,642,691,800
47	Algeria	9,049,173,340,400
48	Egypt	8,332,630,000,000
49	Malawi	7,943,210,619,800
50	Armenia	7,284,640,960,800
51	Serbia	7,283,702,100,000
52	Czechia	6,315,666,000,000
53	Gabon	6247523270642.9
54	Guyana	5,652,795,000,000
55	Sweden	5,373,854,000,000
56	Togo	5,313,877,000,000
57	Dominican Republic	5,229,956,154,600
58	Equatorial Guinea	4,829,536,956,800
59	Republic of Congo	4,714,693,935,200
60	South Africa	4,664,607,663,900
61	Saudi Arabia	4,660,927,000,000
62	Brazil	4627323705936.19
63	Norway	3,794,258,037,000
64	Germany	3,600,826,320,000
65	Iceland	3,557,657,815,000
66	Hong Kong	3,058,142,000,000
67	Ethiopia	2,691,931,766,800
68	Australia	2,680,025,000,000
69	Nepal	2674389684313.8
70	France	2,612,509,800,000
71	Denmark	2,590,951,754,000
72	Canada	2,527,379,531,000
73	Poland	2,480,649,900,000
74	United Kingdom	2,458,979,082,000
75	Burundi	2395963447616.17
76	Türkiye	2,337,140,521,100
77	Albania	2,047,182,558,300
78	Jamaica	2,024,611,335,000
79	Ukraine	2,008,890,619,100
80	Italy	1,938,809,200,000
81	Uruguay	1,897,820,307,000
82	United Arab Emirates	1,776,491,000,000
83	Israel	1,688,281,119,000
84	Malaysia	1,650,305,405,000
85	Spain	1,358,323,000,000
86	Morocco	1,286,881,000,000
87	Mozambique	1,103,420,833,900
88	Afghanistan	1,056,123,000,000
89	Guinea-Bissau	1,032,962,606,700
90	Netherlands	915,500,491,000
91	New Caledonia	843633242292.92
92	Kyrgyzstan	829,886,474,900
93	Central African Republic	798,870,691,600
94	Switzerland	772,847,329,000
95	Qatar	713,137,000,000
96	Argentina	708,130,336,300
97	Syria	696,817,000,000
98	Djibouti	662,942,808,100
99	Guatemala	611,405,142,000
100	Peru	583,784,000,000
101	French Polynesia	571,894,000,000
102	Haiti	568,004,787,300
103	Singapore	561,941,400,000
104	Mauritius	544,450,892,500
105	Belgium	526,608,600,000
106	North Macedonia	508,570,500,000
107	Romania	504,743,200,000
108	Ireland	477,111,064,000
109	Comoros	463,831,000,000
110	Austria	414,260,863,000
111	Mauritania	400,846,208,600
112	Macao	396,783,000,000
113	New Zealand	365008727529.7
114	Bolivia	334,668,384,300
115	Honduras	252,424,400,000
116	Finland	243,277,097,000
117	Portugal	239,078,391,000
118	Cabo Verde	232,081,494,700
119	Yemen	227,581,553,700
120	Nicaragua	211,268,807,400
121	Belarus	209,825,100,000
122	Greece	200,288,044,000
123	Botswana	198,246,005,100
124	Ghana	197376015879.09
125	Bhutan	190641255928.31
126	Moldova	174,118,136,300
127	Zambia	168,432,754,600
128	Namibia	157,476,468,800
129	Trinidad and Tobago	154,916,664,900
130	Bulgaria	142,736,085,000
131	Ecuador	113,123,434,600
132	Slovakia	104,298,304,000
133	Puerto Rico	103,535,100,000
134	Maldives	100,456,270,000
135	Tunisia	96,481,900,000
136	Libya	85,260,300,000
137	Turkmenistan	83,158,490,000
138	Panama	81219618004.58
139	Gambia	77131263790.05
140	Eswatini	72,238,203,300
141	Papua New Guinea	72,110,898,000
142	Vanuatu	71,567,000,000
143	Zimbabwe	68,735,899,200
144	Luxembourg	68,524,681,000
145	Georgia	67659979448.04
146	Croatia	67,439,347,200
147	Sierra Leone	64926794114.23
148	Lithuania	56,541,398,000
149	Slovenia	54,183,014,000
150	Cuba	50,693,000,000
151	Bosnia and Herzegovina	42,850,207,700
152	Kuwait	40,334,543,700
153	Oman	38375060308.97
154	Azerbaijan	33,423,766,200
155	Jordan	33,397,009,200
156	Latvia	31,535,285,000
157	Cyprus	29,419,855,000
158	Estonia	28,945,670,000
159	El Salvador	28,686,931,900
160	Seychelles	27,070,190,800
161	Lesotho	21,326,822,300
162	Faroe Islands	20,629,700,000
163	Malta	19721822706.29
164	Brunei	19675391596.17
165	Venezuela	16731735443.09
166	Greenland	16,260,400,000
167	South Sudan	15,986,592,400
168	Suriname	15707274094.31
169	Bahrain	15,138,000,000
170	Barbados	14,805,100,000
171	Bahamas	14,108,500,000
172	Fiji	12,203,700,000
173	Sudan	11,841,949,100
174	Palestine	10,959,600,000
175	Solomon Islands	10,679,164,700
176	Tajikistan	10,488,841,000
177	Monaco	9,169,900,000
178	Bermuda	7,442,700,000
179	Kosovo	6,934,309,000
180	Aruba	6242001094.49
181	Saint Lucia	5,962,680,000
182	Guam	5,420,000,000
183	Belize	5,257,149,500
184	Cayman Islands	5052108563.2
185	Curaçao	4769697042.36
186	Isle of Man	4741554106.61
187	Antigua and Barbuda	4,705,533,546
188	Montenegro	4,532,945,600
189	Sao Tome and Principe	4,219,585,400
190	Liberia	3,993,399,000
191	U.S. Virgin Islands	3,989,000,000
192	Andorra	2,988,500,000
193	Sint Maarten (Dutch part)	2760996606.6
194	Saint Vincent and the Grenadines	2,654,940,000
195	Grenada	2,621,560,000
196	Samoa	2,488,037,200
197	Saint Kitts and Nevis	2,306,790,000
198	Dominica	1,829,030,000
199	Turks and Caicos Islands	1,622,551,000
200	Timor-Leste	1609639748.9
201	San Marino	1,416,455,000
202	Tonga	1034139564.18
203	Northern Mariana Islands	813,000,000
204	American Samoa	645,000,000
205	Saint Martin (French part)	510,672,500
206	Kiribati	376,980,800
207	Micronesia	253,944,200
208	Palau	236401290.89
209	Marshall Islands	218192687.99
210	Nauru	132990099.01
211	Tuvalu	67459669.27

Analysis

This metric measures gross domestic product expressed in constant local currency units (LCU). According to the source definition: 'Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over' time. The indicator code is NY.GDP.MKTP.KN, sourced from the World Bank World Development Indicators for data year 2024. Coverage spans 211 countries, with 209 of 211 (99.1%) reporting data from the last seven years, and 100% of datapoints classified as official quality. The World Bank identified 10 extreme outliers using a 3-standard-deviation threshold.

Iran leads at rank 1 with a value of 80,830,675,560,512,100, which is more than six times larger than Indonesia at rank 2 (12,920,281,700,000,000). Viet Nam ranks 3rd at 6,269,209,955,681,900, and Korea, Rep. ranks 4th at 2,292,202,400,000,000. Colombia ranks 5th at 995,241,000,000,000 and Japan ranks 6th at 568,262,240,524,000. High rankings reflect the scale of each country's economy measured in its own currency — not purchasing power or economic size relative to other nations. Countries with historically high inflation or large populations tend to accumulate large nominal LCU totals over time.

Several counterintuitive placements appear in the middle ranks. Somalia ranks 7th at 296,928,666,320,000, placing above Nigeria (rank 9, 217,783,985,540,000), India (rank 12, 187,969,554,439,000), China (rank 18, 128,231,589,615,900), and the United States (rank 31, 24,553,614,511,000). The United States, Germany (rank 64, 3,600,826,320,000), and the United Kingdom (rank 74, 2,458,979,082,000) appear far lower than their global economic reputations would suggest. This directly reflects the LCU basis: economies with strong, stable currencies produce smaller nominal LCU totals than those with weaker or historically inflated currencies. Tuvalu ranks last at 211th with 67,459,669.

The primary limitation of this metric is that values are not comparable across countries. Each country's GDP is expressed in its own local currency unit, so rank 1 (Iran) and rank 31 (United States) cannot be interpreted as Iran having a larger economy than the United States in any internationally comparable sense. Currency denomination, historical inflation, and currency redenomination all directly affect absolute LCU values. The 119,820,740,850% spread between first and last is largely a function of currency scale rather than genuine economic output differences. Additionally, 2 of 211 countries do not have data from the last seven years, and consistency in the latest year (2024) stands at 91.5%, meaning some values may be estimates or projections.

Methodology

Data source: World Bank World Development Indicators, indicator code NY.GDP.MKTP.KN, data year 2024. The metric is defined as follows: 'Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over' time. Values are in absolute constant local currency units (LCU); no currency conversion or purchasing power adjustment is applied. Coverage: 211 countries. Recency: 209 of 211 countries (99.1%) have data from the last seven years. Data quality: 100% of datapoints are classified as official. The World Bank identified 10 extreme outliers using a 3-standard-deviation threshold. Average year-over-year change across the dataset is 4.8%. Consistency in the latest year (2024) is 91.5% (193 of 211 countries). The range spans from 67,459,669 (Tuvalu, rank 211) to 80,830,675,560,512,100 (Iran, rank 1), a spread of over 119,820,740,850%, which is primarily attributable to differences in currency denomination rather than differences in real economic output.

Sources

World Bank