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Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
Out of last year's 25 countries with the lowest GDP, only Cabo Verde has escaped the list, with the Central African Republic joining the list. These countries, span across Oceania, North America, Africa, Asia, and Europe, with the bulk of these nations belonging to Oceania.
Countries in the world ranked by Gross Domestic Product (GDP). List and ranking of GDP growth, GDP per capita and couuntry share of World's GDP.
Here are the countries with the lowest per capita GDP, all below the global average.
China follows, with close to $18 trillion, or 17.9% of the world economy. Tuvalu has the world's smallest national economy with a GDP (nominal) of approximately $59 million. 18 countries in 2022 have an economy above $1 trillion. Saudi Arabia is the latest entrant in trillion dollar economy.
19 of the 20 countries with the lowest estimated GDP per capita in the world in 2023 are located in Sub-Saharan Africa.
Countries with the lowest estimated GDP per capita 2023. The 20 countries with the lowest estimated gross domestic product (GDP) per capita in 2023 (in U.S. dollars)
GDP (current US$) - Least developed countries: UN classification. World Bank national accounts data, and OECD National Accounts data files. License : CC BY-4.0.
A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. 224 Results.
This GDP indicator provides information on economic growth and income levels from 1990. This data is adjusted for inflation and for differences in the cost of living between countries. This data is expressed in international-$ at 2017 prices. Learn more in the FAQs.