Countries by GNI (constant LCU)

Iran leads all 163 countries ranked by GNI in constant local currency units, recording a value of 74,323,190,503,696,900 — more than six times the figure for second-ranked Indonesia at 12,297,543,823,380,500. At the bottom, Palau records just 231,433,441, placing the range at over 32 billion percent. Because each country's value is expressed in its own local currency, this ranking reflects the scale of national income within each economy on its own terms, not cross-country comparisons in a common currency.

Economy category

Ranking 2024

Countries by GNI (constant LCU)
Rank	Country	Value
1	Iran	74,323,190,503,696,900
2	Indonesia	12,297,543,823,380,500
3	Vietnam	6,441,808,376,488,920
4	South Korea	2,272,601,100,000,000
5	Colombia	1,021,203,554,763,910
6	Japan	585,550,198,959,000
7	Somalia	306,754,114,709,580
8	Paraguay	222,105,812,964,938
9	Chile	210,196,075,648,668
10	Iraq	186,601,223,484,888
11	India	185,231,330,625,400
12	Cambodia	154,924,588,143,739
13	Tanzania	148,688,768,876,302
14	Uganda	139,517,344,771,464
15	Laos	109,738,788,111,891
16	Russia	94,258,851,200,300
17	Guinea	77798395783508.7
18	Hungary	49,433,893,098,000
19	Pakistan	43624710689017.8
20	Côte d'Ivoire	43281839198723.8
21	Mongolia	39988112252886.8
22	Costa Rica	38,622,758,128,500
23	Lebanon	36927870893505.9
24	Bangladesh	34,901,060,287,900
25	Mexico	26058156226176.4
26	Cameroon	25716454910191.5
27	Philippines	25,055,740,370,900
28	Madagascar	24206353959958.1
29	United States	23,954,172,708,000
30	Angola	18925396208239.2
31	Kazakhstan	18722731066776.6
32	Senegal	16963455368979.6
33	DR Congo	15105574308885.6
34	Mali	13919970524834.7
35	Rwanda	12277705723132.8
36	Sri Lanka	11,987,606,603,970
37	Gabon	11,527,547,030,431
38	Benin	11154139583783.8
39	Niger	10919624338164.4
40	Kenya	10820438441333.8
41	Chad	10,237,387,296,664
42	Algeria	9742801972853.83
43	Burkina Faso	9496835595254.17
44	Egypt	7829565455092.1
45	Malawi	7146319431913.63
46	Serbia	7000399296916.28
47	Armenia	6517335343148.17
48	Czechia	6,100,803,171,000
49	Sweden	5,553,367,591,000
50	Norway	5,287,899,642,000
51	Dominican Republic	4997853731799.06
52	Togo	4764036635165.8
53	South Africa	4,678,330,000,000
54	Saudi Arabia	4586352012095.93
55	Brazil	4435726103083.71
56	Germany	3,716,010,822,000
57	Republic of Congo	3411045911756.57
58	Hong Kong	3,391,682,000,000
59	Equatorial Guinea	3064139961143.62
60	Ethiopia	2841986893365.8
61	Nepal	2833261791036.1
62	Denmark	2,631,059,300,000
63	France	2,619,055,041,000
64	Australia	2,586,539,000,000
65	Ukraine	2574201471556.96
66	Canada	2,563,763,644,000
67	United Kingdom	2,430,539,688,000
68	Poland	2393126960493.92
69	Albania	2121823925155.26
70	United Arab Emirates	1931774661703.17
71	Italy	1,912,632,825,000
72	Uruguay	1,780,539,760,432
73	Israel	1,682,730,466,000
74	Malaysia	1,614,700,000,000
75	Spain	1,355,542,138,000
76	Morocco	1336670288322.09
77	Afghanistan	1076762044357.51
78	Mozambique	1053477309815.15
79	Guinea-Bissau	1051442106403.37
80	Kyrgyzstan	982704943797.95
81	Netherlands	909,717,299,000
82	Central African Republic	856182632273.67
83	Switzerland	746,533,358,000
84	Argentina	724936523624.99
85	Djibouti	703727074474.68
86	Haiti	648400097663.52
87	Romania	642221418647.16
88	Guatemala	627748683390.08
89	Peru	596366359410.43
90	Qatar	544940994097.82
91	Belgium	518,051,329,000
92	North Macedonia	517825518896.03
93	Singapore	514480295751.21
94	Mauritius	498689579987.81
95	Comoros	462913285413.32
96	Mauritania	423201383645.7
97	Austria	403,024,727,000
98	Macao	358,390,800,000
99	Ireland	347,332,227,000
100	New Zealand	335,465,694,000
101	Bolivia	328252036539.56
102	Cabo Verde	240497584892.7
103	Finland	238,791,049,000
104	Portugal	238,646,299,000
105	Honduras	231,762,600,000
106	Nicaragua	228608592135.93
107	Yemen	207622938537.47
108	Greece	200,301,187,000
109	Belarus	194630886912.85
110	Botswana	194184222657.81
111	Ghana	192012996727.53
112	Moldova	188634202138.29
113	Namibia	176349895472.11
114	Bhutan	169661355049.11
115	Bulgaria	134087071624.27
116	Ecuador	112521751722.33
117	Slovakia	96,714,501,000
118	Tunisia	87065022923.85
119	Vanuatu	81640111262.11
120	Gambia	80812998444.12
121	Panama	78150637814.81
122	Maldives	77414524873.65
123	Libya	76542573592.17
124	Zimbabwe	68313724910.44
125	Croatia	67996667303.18
126	Georgia	64400149648.97
127	Eswatini	63472548735.9
128	Sierra Leone	60454930586.55
129	Cuba	55872429459.41
130	Slovenia	53,249,880,000
131	Lithuania	52,761,542,000
132	Luxembourg	46,959,791,000
133	Kuwait	45457787553.79
134	Bosnia and Herzegovina	41830617557.94
135	Oman	36328193158.82
136	Latvia	30,784,895,000
137	Estonia	28,993,575,000
138	Lesotho	28229342685.97
139	Cyprus	26595512429.9
140	Seychelles	26,548,571,100
141	El Salvador	26220707423.74
142	Venezuela	20478450979.5
143	Brunei	19890266019.29
144	South Sudan	17864823293.41
145	Malta	17219382143.61
146	Bahrain	14540744376.04
147	Bahamas	13180150617.84
148	Sudan	12244315091.93
149	Solomon Islands	11966824476.85
150	Palestine	11,727,300,000
151	Bermuda	7808593152.15
152	Kosovo	6815350822.54
153	Tajikistan	6231585787.04
154	Montenegro	5201277829.85
155	Belize	5092097003.82
156	Isle of Man	4155055679.73
157	Samoa	2614333761.5
158	Timor-Leste	1802410992.58
159	San Marino	1292559350.68
160	Tonga	1068670773.16
161	Kiribati	610421351.38
162	Marshall Islands	269762298.58
163	Palau	231433441.16

Analysis

This metric measures gross national income expressed in constant local currency units, sourced from the World Bank World Development Indicators under indicator code NY.GNP.MKTP.KN for the data year 2024. Per the source definition: 'Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustm[ent varies by country].' The unit is the absolute constant local currency value for each country. The ranking covers 163 countries, with 160 of 163 (98.2%) reporting data from within the last seven years, and 100% of data points classified as official quality. Ten extreme outliers were identified at the 3-sigma threshold.

Iran ranks first at 74,323,190,503,696,900 in constant local currency units. Indonesia follows at rank 2 with 12,297,543,823,380,500, and Viet Nam ranks 3rd at 6,441,808,376,488,920. Korea, Rep. holds rank 4 at 2,272,601,100,000,000, and Colombia ranks 5th at 1,021,203,554,763,910. Japan, which ranks 6th at 585,550,198,959,000, sits well below Colombia in this metric. These positions are determined entirely by the magnitude of the local currency value and are shaped by currency denomination and price-level differences across countries, not by economic size in a common currency.

Several counterintuitive placements appear in the middle of the ranking. The United States, the world's largest economy by most common measures, ranks 29th here at 23,954,172,708,000 constant USD. Germany ranks 56th at 3,716,010,822,000, and the United Kingdom ranks 67th at 2,430,539,688,000. Meanwhile, Somalia ranks 7th at 306,754,114,709,580, and Paraguay ranks 8th at 222,105,812,964,938 — positions that reflect the scale of their local currency denominations rather than comparable economic output. At the lower end, Marshall Islands ranks 162nd at 269,762,298, and Palau ranks 163rd at 231,433,441.

The primary limitation of this metric is that values are not comparable across countries. Each figure is denominated in a different local currency, so a higher number does not mean a larger economy in any cross-country sense. Currency denomination alone can produce large differences in rank. The constant-price adjustment controls for domestic inflation within each country but does not harmonize values internationally. Countries with high-denomination currencies or hyperinflationary histories may rank very high regardless of actual economic scale. Additionally, 3 of 163 countries lack data from the last seven years, and 30 of 163 countries do not have 2024 data specifically, as the consistency check shows 133 of 163 (81.6%) with latest-year coverage.

Methodology

Data source: World Bank World Development Indicators, indicator code NY.GNP.MKTP.KN, data year 2024. The metric is defined in the source as follows: 'Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustm[ent varies by country].' Values are expressed as absolute constant local currency units. The ranking covers 163 countries. Coverage: 160 of 163 countries (98.2%) have data from within the last seven years; 133 of 163 (81.6%) have 2024-specific data. All 163 data points are classified as official quality (100%). Ten extreme outliers were identified using a 3-sigma threshold. The average year-over-year change across the dataset is 5.7%. The value range spans from 231,433,441 (Palau, rank 163) to 74,323,190,503,696,900 (Iran, rank 1), a spread of over 32 billion percent. Because values are in local currency units, cross-country comparisons are not valid; rankings reflect currency denomination scale as much as economic output.

Sources

World Bank