List of continents by GDP

List of the world's continents by GDP (nominal), GDP (PPP), and GDP per capita (nominal)

World map showing nominal GDP of countries for the year 2017 according to the IMF.
Legend: (in billions of U.S. dollars)

> 1,000

200-999

10-199

< 10

No data

This article includes a list of continents of the world sorted by their gross domestic product (GDP), the market value of all final goods and services from a continent in a given year. The GDP dollar estimates presented here are calculated at market or government official exchange rates. The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Such fluctuations may change a continents ranking from one year to the next, even though they often make little or no difference to the standard of living of its population. Therefore, these figures should be used with caution. Comparisons of national wealth are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. (See List of countries by GDP (PPP).) PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than GDP per capita. On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures.

## Continents by GDP (nominal)

[edit]

See also: List of countries by GDP (nominal)

The following lists summarise the GDP (nominal) of each continent by adding GDP (nominal) of each nation within the seven continent model, sorted by USD. The first list includes 2023 data estimatesn1 for members of the International Monetary Fund. The second list shows the World Bank's estimates, and the third list includes mostly 1432 estimates from the CIA World Factbook.

In these lists, the sovereign states and dependent territories are classified according to the geoscheme created by the United Nations Statistics Division.[1] According to the UN, the assignment of countries or areas to specific groupings is for statistical convenience and does not imply any assumption regarding political or other affiliation of countries or territories.[2]

For more information, please see List of sovereign states and dependent territories by continent.

List by the International Monetary Fund (2023 estimate)[3]

| Rank | Continent | GDP
(US$billion) | Share (%) | Countries collectively
constituting at least 50.0% of the
continent's GDP (nominal)

|
|
|
|

| World | 104,476 | 100.0 |
1 | Asia | 38,435 | 36.8 |  China (46.1%)
Japan (11.0%)
India (10.0%)
2 | North America | 31,603 | 30.2 |  United States (85.3%)
3 | Europe | 25,440 | 24.4 |  Germany (17.4%)
United Kingdom (13.1%)
France (12.0%)
Italy (8.6%)
4 | South America | 4,100 | 3.9 |  Brazil (51.9%)
5 | Africa | 2,858 | 2.7 |  Egypt (13.9%)
Nigeria (13.6%)
South Africa (13.3%)
Algeria (7.8%)
Kenya (5.5%)
6 | Oceania | 1,979 | 1.9 |  Australia (85.3%)
| Unaccounted | 62 | 0.1 |

* Antarctica has no permanent population. However, if conventional GDP methodology is applied, which includes salaries of residents and equipment & construction procurement (the biggest "industries" in Antarctica), the GDP of the continent would exceed $1 billion.[citation needed]

## Continents by GDP (PPP)

[edit]

See also: List of countries by GDP (PPP)

List by the International Monetary Fund (2023 estimate)[4]

| Rank | Continent | GDP
(billions of current Int$) | Share (%) | Countries collectively
constituting at least 50.0% of the
continent's GDP (PPP)

|
|
|
|

| World | 174,790 | 100.0 |
1 | Asia | 84,727 | 47.7 |  China (38.8%)
India (15.5%)
2 | Europe | 36,732 | 20.7 |  Germany (20.4%)
Russia (15.4%)
United Kingdom (11.3%)
France (10.5%)
Italy (7.1%)
3 | North America | 33,971 | 19.1 |  United States (79.3%)
4 | South America | 10,835 | 6.1 |  Brazil (49.4%)
Argentina (14.9%)
5 | Africa | 8,865 | 4.9 |  Egypt (15.1%)
Nigeria (13.8%)
South Africa (10.5%)
Algeria (8.7%)
6 | Oceania | 2,061 | 1.1 |  Australia (83.4%)
| Unaccounted | 131 | 0.07 |

## Continents by GDP per capita (nominal)

[edit]

See also: List of countries by GDP (nominal) per capita

List by the International Monetary Fund (2023 estimate)[5]

| Rank | Continent | US$ | Peak Year

|
|
|

| World | 13,333 | 2023
1 | Oceania | 63,809 | 2023
2 | North America | 60,859 | 2023
3 | Europe | 34,706 | 2023
4 | South America | 11,351 | 2023
5 | Asia and Pacific | 8,388 | 2023
6 | Africa | 2,370 | 2023
7 | Antarctica | 0 (N/A) | N/A

## Continents by GDP per capita (PPP)

[edit]

See also: List of countries by GDP (PPP) per capita

List by the International Monetary Fund (2023 estimate)[6]

| Rank | Continent | US$ | Peak Year

|
|
|

| World | 0 (N/A) | N/A
1 | North America | 64,279 | 2023
2 | Oceania | 62,900 | 2023
3 | Europe | 50,110 | 2023
4 | South America | 19,506 | 2023
5 | Asia and Pacific | 18,046 | 2023
6 | Africa | 6,341 | 2023
7 | Antarctica | 0 (N/A) | N/A

## Notes

[edit]

1. ^ Estimated by the IMF staff.
2. ^ Figures exclude Taiwan and the special administrative regions of Hong Kong and Macau.
3. ^ The Eurozone in 2010 was 16 of 27 European Union countries: Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
4. ^ Data include the French overseas departments of French Guiana, Guadeloupe, Martinique, and Réunion.
5. ^ Excludes Kosovo.
6. ^ Hyperinflation and the plunging value of the Zimbabwean dollar makes Zimbabwe's nominal GDP a highly inaccurate statistic.
7. ^ Excludes data for Transnistria.
8. ^ Includes Former Spanish Sahara.
9. ^ Data are for the area controlled by the Government of the Republic of Cyprus.
10. ^ Covers Mainland Tanzania only.
11. ^ Excludes Abkhazia and South Ossetia.

## References

[edit]

1. ^ "Composition of macro geographical (continental) regions, geographical sub-regions, and selected economic and other groupings". United Nations Statistics Division.
2. ^ "Standard country or area codes and geographical regions for statistical use". United Nations Statistics Division.
3. ^ "GDP (Nominal), current prices". International Monetary Fund. International Monetary Fund. Retrieved 7 November 2023.
4. ^ "GDP (PPP), current prices". International Monetary Fund. International Monetary Fund. Retrieved 7 November 2023.
5. ^ International Monetary Fund (2023). "Nominal GDP per capita". IMF Data Mapper. International Monetary Fund. Retrieved 7 November 2023.
6. ^ International Monetary Fund (2023). "GDP PPP per capita". IMF Data Mapper. International Monetary Fund. Retrieved 7 November 2023.

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