In this article, we list and discuss the 10 Countries With The Highest Purchasing Power Parity in the World. If you would like to see our detailed discussion of the topic, you can go to 30 Countries With The Highest Purchasing Power Parity in the World.
10. United Kingdom
GDP (PPP): $3,967,703,923,320
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, ranks among the top ten economies of the world, with a purchasing power parity per capita of $58.23 thousand, and an overall GDP (PPP) of almost $4 trillion. According to the International Monetary Fund, the UK’s real GDP is subjected to a change of 0.6% in 2024.
9. France
GDP (PPP): $4,161,339,481,020
Ranked 9th, France is a country blessed with beautiful landscapes and architecture. It is a high-income country with an advanced and diversified EU economy. Tourism, aircraft manufacturing, pharmaceuticals, and industrial sectors are the strongest sectors in France, contributing the most to its GDP by PPP of almost $4.2 trillion.
8. Brazil
GDP (PPP): $4,533,438,662,610
Brazil is the largest country in South America, located in the center of the continent. With the eighth highest purchasing power parity in the world, Brazil is considered an advanced emerging economy. According to the estimates by the International Monetary Fund, Brazil is expected to see a GDP growth of 1.5% in 2024.
7. Indonesia
GDP (PPP): $4,706,381,666,640
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. Its GDP by PPP per capita is estimated to be $16.84 thousand according to the IMF’s reports.
6. Russia
GDP (PPP): $5,180,512,624,880
Russia is the largest country in the world by area and is a natural resource-rich Eurasian economy. It is also a leading energy exporter to Europe and Asia. According to the International Monetary Fund, Russia is expected to have a GDP growth rate of 2.6% in 2024.
5. Germany
GDP (PPP): $5,737,921,135,920
Germany is renowned as Europe’s industrial leader due to its skilled engineers and exports. It has a GDP (PPP) of over $5.7 trillion, and the International Monetary Fund reports that it will see another 1.3% overall increase in 2024. The nation’s commitment to new ideas and its skilled workforce also play a vital role in this growth.
4. Japan
GDP (PPP): $6,693,210,775,800
Japan is an island country in East Asia, with a highly developed and advanced social market economy. It is one of the largest and most technologically advanced producers of motor vehicles, electronic equipment, machine tools, steel and nonferrous metals, ships, chemicals, textiles, and processed foods.
3. India
GDP (PPP): $13,837,886,095,650
Ranked 3rd, India has the largest population in the world today, and one of the highest purchasing power parities as well. According to the International Monetary Fund, its GDP is expected to increase by 6.3% in 2024.
2. United States
GDP (PPP): $28,212,584,701,080
The United States, with a GDP by purchasing power parity of over 28.2 trillion USD, has one of the strongest economies and the 2nd highest purchasing power parity in the world. It is a NATO leader, the largest importer, the second-largest exporter, and the home of some of the leading financial exchanges and companies in the world today. The GDP by PPP of the US is roughly 2.2 times higher than that of India.
1. China
GDP (PPP): $35,102,468,294,640 ($35.1 trillion)
China is a country located in central Asia and has the largest population in the world. Ranked 1st, China has the highest purchasing power parity in the world today, exceeding $35.1 trillion. It has a population of around 1,413,142,846 people and a per capita GDP by PPP of $24.84 thousand as of 2024 data.
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