Military · finance · 2023 data

Purchasing power parity (GDP, PPP) by Country

China leads the world with $23.01 trillion , followed by United States ($20.00 trillion) and India ($8.44 trillion).

$23.01 trillion

#1 China

$124.40 trillion

World total (145 countries)

$155.1 billion

Median country

41%

Share held by the top 3

Top 10

$23.01 trillion

$20.00 trillion

$8.44 trillion

$5.23 trillion

$4.24 trillion

$3.90 trillion

$3.13 trillion

$3.00 trillion

$3.00 trillion

$2.83 trillion

Top 5%
Top 30%
Lower half
None

Purchasing power parity (GDP, PPP) — full ranking

Rank	Country	Purchasing power parity (GDP, PPP)	Share of world
1	China	$23.01 trillion	18.5%
2	United States	$20.00 trillion	16.1%
3	India	$8.44 trillion	6.8%
4	Japan	$5.23 trillion	4.2%
5	Germany	$4.24 trillion	3.4%
6	Russia	$3.90 trillion	3.1%
7	Indonesia	$3.13 trillion	2.5%
8	Brazil	$3.00 trillion	2.4%
8	United Kingdom	$3.00 trillion	2.4%
10	France	$2.83 trillion	2.3%
11	Türkiye	$2.40 trillion	1.9%
12	Italy	$2.32 trillion	1.9%
13	Mexico	$2.31 trillion	1.9%
14	South Korea	$2.19 trillion	1.8%
15	Canada	$1.74 trillion	1.4%
16	Spain	$1.71 trillion	1.4%
17	Saudi Arabia	$1.54 trillion	1.2%
18	Australia	$1.25 trillion	1.0%
19	Egypt	$1.22 trillion	1.0%
20	Poland	$1.20 trillion	1.0%
20	Thailand	$1.20 trillion	1.0%
22	Taiwan	$1.15 trillion	0.9%
23	Iran	$1.04 trillion	0.8%
24	Pakistan	$1.02 trillion	0.8%
25	Nigeria	$1.01 trillion	0.8%
26	Netherlands	$945.5 billion	0.8%
27	Argentina	$900.0 billion	0.7%
28	Philippines	$871.6 billion	0.7%
29	Malaysia	$855.6 billion	0.7%
30	Bangladesh	$800.0 billion	0.6%
30	Vietnam	$800.0 billion	0.6%
32	Colombia	$685.0 billion	0.6%
33	South Africa	$680.0 billion	0.5%
34	United Arab Emirates	$660.0 billion	0.5%
35	Switzerland	$590.2 billion	0.5%
36	Belgium	$560.0 billion	0.5%
37	Romania	$556.1 billion	0.4%
38	Singapore	$531.0 billion	0.4%
39	Sweden	$524.8 billion	0.4%
40	Ukraine	$515.0 billion	0.4%
41	Kazakhstan	$475.2 billion	0.4%
42	Algeria	$470.0 billion	0.4%
43	Austria	$465.1 billion	0.4%
44	Ireland	$448.0 billion	0.4%
45	Chile	$445.9 billion	0.4%
46	Portugal	$432.1 billion	0.3%
47	Czechia	$410.0 billion	0.3%
48	Peru	$400.0 billion	0.3%
49	Iraq	$372.3 billion	0.3%
50	Israel	$355.0 billion	0.3%
51	Norway	$342.1 billion	0.3%
52	Denmark	$326.2 billion	0.3%
53	Hungary	$300.3 billion	0.2%
54	Greece	$295.0 billion	0.2%
55	Sri Lanka	$274.8 billion	0.2%
56	Venezuela	$265.0 billion	0.2%
57	Ethiopia	$264.1 billion	0.2%
58	Finland	$260.0 billion	0.2%
59	Morocco	$259.4 billion	0.2%
60	Myanmar	$247.2 billion	0.2%
61	Qatar	$245.7 billion	0.2%
62	Uzbekistan	$239.4 billion	0.2%
63	Kenya	$225.9 billion	0.2%
64	New Zealand	$215.6 billion	0.2%
65	Kuwait	$210.0 billion	0.2%
66	Angola	$205.7 billion	0.2%
67	Dominican Republic	$185.0 billion	0.1%
67	Ecuador	$185.0 billion	0.1%
69	Belarus	$180.0 billion	0.1%
70	Sudan	$176.4 billion	0.1%
71	Slovakia	$165.6 billion	0.1%
72	Ghana	$164.8 billion	0.1%
73	Bulgaria	$155.1 billion	0.1%
74	Tanzania	$152.8 billion	0.1%
75	Guatemala	$142.0 billion	0.1%
76	Azerbaijan	$140.0 billion	0.1%
77	Cuba	$135.0 billion	0.1%
77	Côte d'Ivoire	$135.0 billion	0.1%
77	Oman	$135.0 billion	0.1%
80	Serbia	$125.8 billion	0.1%
81	Tunisia	$115.0 billion	0.1%
82	Nepal	$110.7 billion	0.1%
83	Panama	$109.0 billion	0.1%
84	Croatia	$105.0 billion	0.1%
85	Jordan	$100.2 billion	0.1%
86	Lithuania	$100.0 billion	0.1%
87	Bolivia	$95.0 billion	0.1%
87	DR Congo	$95.0 billion	0.1%
87	Uganda	$95.0 billion	0.1%
90	Cameroon	$94.0 billion	0.1%
91	Turkmenistan	$90.0 billion	0.1%
92	Paraguay	$85.0 billion	0.1%
93	Lebanon	$80.0 billion	0.1%
94	Slovenia	$76.8 billion	0.1%
95	Uruguay	$75.1 billion	0.1%
96	Bahrain	$70.0 billion	0.1%
96	Cambodia	$70.0 billion	0.1%
96	Luxembourg	$70.0 billion	0.1%
99	Libya	$68.7 billion	0.1%
100	Yemen	$65.0 billion	0.1%
101	Zambia	$60.1 billion	0.0%
102	Latvia	$55.8 billion	0.0%
103	Senegal	$55.3 billion	0.0%
104	Laos	$55.0 billion	0.0%
105	Georgia	$52.3 billion	0.0%
106	El Salvador	$52.0 billion	0.0%
107	Honduras	$50.0 billion	0.0%
108	Bosnia and Herzegovina	$48.0 billion	0.0%
109	Syria	$47.0 billion	0.0%
110	Burkina Faso	$45.2 billion	0.0%
111	Estonia	$45.0 billion	0.0%
112	Mali	$44.0 billion	0.0%
113	Benin	$42.0 billion	0.0%
114	Zimbabwe	$40.8 billion	0.0%
115	Armenia	$40.0 billion	0.0%
115	Madagascar	$40.0 billion	0.0%
117	North Korea	$38.5 billion	0.0%
118	Mozambique	$38.4 billion	0.0%
119	Albania	$38.0 billion	0.0%
119	Botswana	$38.0 billion	0.0%
121	Mongolia	$37.6 billion	0.0%
122	Nicaragua	$35.0 billion	0.0%
123	Tajikistan	$34.9 billion	0.0%
124	North Macedonia	$33.0 billion	0.0%
125	Moldova	$32.3 billion	0.0%
126	Gabon	$32.0 billion	0.0%
127	Kyrgyzstan	$30.0 billion	0.0%
128	Niger	$29.0 billion	0.0%
129	Chad	$25.0 billion	0.0%
130	Mauritania	$23.0 billion	0.0%
131	Namibia	$22.6 billion	0.0%
132	Iceland	$20.0 billion	0.0%
132	Kosovo	$20.0 billion	0.0%
132	Republic of the Congo	$20.0 billion	0.0%
132	South Sudan	$20.0 billion	0.0%
136	Afghanistan	$18.0 billion	0.0%
137	Somalia	$13.2 billion	0.0%
138	Sierra Leone	$13.2 billion	0.0%
139	Montenegro	$11.5 billion	0.0%
140	Eritrea	$10.0 billion	0.0%
141	Suriname	$9.5 billion	0.0%
142	Bhutan	$8.4 billion	0.0%
143	Liberia	$6.5 billion	0.0%
144	Central African Republic	$4.5 billion	0.0%
145	Belize	$2.5 billion	0.0%

About this ranking

This ranking counts economic output at purchasing-power parity — the economy behind the military. China leads the world with $23.01 trillion , followed by United States ($20.00 trillion) and India ($8.44 trillion).

The world total is $124.40 trillion. The top three — China, United States and India — hold 41% of it. The median country has $155.1 billion.

Leaders by continent

Asia: China — $23.01 trillion (world #1)
Americas: United States — $20.00 trillion (world #2)
Europe: Germany — $4.24 trillion (world #5)
Oceania: Australia — $1.25 trillion (world #18)
Africa: Egypt — $1.22 trillion (world #19)

A note on the data

Figures come from the Global Firepower 2023 military strength ranking. Equipment totals are estimates that include units in reserve or storage; readiness — the share actually available — is often much lower.