The Trillion dollar club is an unofficial classification of the world's major economies with a gross domestic product (nominal GDP) of more than US$1 trillion per year.[1][2] As of 2023, it included 19 countries. This does not include purchasing power parity, which increases the GDP of many countries with an undervalued currency, which are usually poorer countries.

All of the G8 and BRIC countries are currently $1 trillion economies in United States dollars. Since currency valuations can be subject to rapid change, a country could achieve the US$1 trillion nominal GDP mark one year and then produce less than that in total goods and services the following year(s). The 2010 data used here are compiled according to the International Monetary Fund (IMF) values. As for the former Soviet Union, the last statistics about its economy stated that it had an over US$2.5 trillion economy in the 1990 fiscal year, before its collapse.

US$1 trillion – US$10 trillion

US$1 trillion economy

YearCountrySource
1969 United States[3]
1972 European Union[3]
1979 Japan[3]
1987 Germany[3]
1988 France[3]
1989 United Kingdom[3]
1990 Italy[3]
1998 China[3]
2004 Spain[3]
2004 Canada[3]
2006 Brazil[3]
2006 South Korea[3]
2007 India[3]
2007 Mexico[3]
2007 Russia[3]
2008 Australia[3]
2017 Indonesia[3]
2021 Netherlands[4]
2022 Saudi Arabia[5]
2023 Turkey[6]

US$2 trillion economy

YearCountrySource
1977 European Union[3]
1977 United States[3]
1986 Japan[3]
1992 Germany[3]
2004 France[3]
2004 United Kingdom[3]
2005 China[3]
2007 Italy[3]
2010 Brazil[3]
2011 Russia[3]
2014 India[3]
2021 Canada[3]

US$3 trillion economy

YearCountrySource
1979 European Union[3]
1981 United States[3]
1988 Japan[3]
2006 Germany[3]
2007 China[3]
2007 United Kingdom[4]
2021 India[4]

US$4 trillion economy

YearCountrySource
1984 United States[3]
1986 European Union[3]
1993 Japan[3]
2008 China[3]
2018 Germany[3]

US$5 trillion economy

YearCountrySource
1987 European Union[3]
1988 United States[3]
1995 Japan[3]
2009 China[3]

US$6 trillion economy

YearCountrySource
1989 European Union[3]
1992 United States[3]
2010 China[3]
2011 Japan[3]

US$7 trillion economy

YearCountrySource
1990 European Union[3]
1994 United States[3]
2011 China[3]

US$8 trillion economy

YearCountrySource
1992 European Union[3]
1996 United States[3]
2012 China[3]

US$9 trillion economy

YearCountrySource
1995 European Union[3]
1998 United States[3]
2013 China[3]

US$10 trillion economy

YearCountrySource
2000 United States[3]
2003 European Union[3]
2014 China[3]

US$11 trillion – US$20 trillion

US$11 trillion economy

YearCountrySource
2003 United States[3]
2004 European Union[3]
2015 China[3]

US$12 trillion economy

YearCountrySource
2004 European Union[3]
2004 United States[3]
2017 China[3]

US$13 trillion economy

YearCountrySource
2004 European Union[3]
2005 United States[3]
2018 China[3]

US$14 trillion economy

YearCountrySource
2005 European Union[3]
2007 United States[3]
2019 China[3]

US$15 trillion economy

YearCountrySource
2006 European Union[3]
2011 United States[3]
2021 China[4]

US$16 trillion economy

YearCountrySource
2007 European Union[3]
2012 United States[3]
2021 China[4]

US$17 trillion economy

YearCountrySource
2007 European Union[3]
2014 United States[3]
2021 China[3]

US$18 trillion economy

YearCountrySource
2008 European Union[3]
2015 United States[3]
2023 China[4]

US$19 trillion economy

YearCountrySource
2008 European Union[3]
2018 United States[3]
2023 China[4]

US$20 trillion economy

YearCountrySource
2018 United States[3]

US$21 trillion – US$30 trillion

US$21 trillion economy

YearCountrySource
2019 United States[3]

US$22 trillion economy

YearCountrySource
2021 United States[3]

US$23 trillion economy

Year Country Source
2023  United States [7]

US$24 trillion economy

Year Country Source
2023  United States [8]

US$25 trillion economy

Year Country Source
2023  United States [9]

See also

References

  1. Welcome to the Trillion Dollar Club - Forbes.com 26 April 2007
  2. Indian joins the Trillion Dollar Club - The Hindu 27 April 2007
  3. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 "World Bank". Data.worldbank.org. Retrieved 6 May 2019.
  4. 1 2 3 4 5 6 7 "Report for Selected Countries and Subjects". IMF.org. Retrieved 3 March 2022.
  5. "Saudi GDP Exceeds $1 Tln, Shows Kingdom's Economy Is on Right Track".
  6. "April 2023".
  7. "Gross Domestic Product, Fourth Quarter and Year 2022 (Second Estimate) | U.S. Bureau of Economic Analysis (BEA)". www.bea.gov. Retrieved 25 April 2023.
  8. "Gross Domestic Product, Fourth Quarter and Year 2022 (Second Estimate) | U.S. Bureau of Economic Analysis (BEA)". www.bea.gov. Retrieved 25 April 2023.
  9. "Gross Domestic Product, Fourth Quarter and Year 2022 (Second Estimate) | U.S. Bureau of Economic Analysis (BEA)". www.bea.gov. Retrieved 25 April 2023.

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