* indicates monthly or quarterly data series

Percent of world GDP, 2023:

The average for 2023 based on 11 countries was 0.18 percent. The highest value was in Australia: 1.65 percent and the lowest value was in Kiribati: 0 percent. The indicator is available from 1980 to 2023. Below is a chart for all countries where data are available.

Measure: percent; Source: The World Bank
Select indicator
* indicates monthly or quarterly data series


Countries Percent of world GDP, 2023 Global rank Available data
Australia 1.65 1 1980 - 2023
New Zealand 0.24 2 1980 - 2023
Papua N.G. 0.03 3 1980 - 2023
Fiji 0.01 4 1980 - 2023
Kiribati 0 5 1980 - 2023
Micronesia 0 6 1980 - 2023
Palau 0 7 1980 - 2023
Samoa 0 8 1980 - 2023
Solomon Isl. 0 9 1980 - 2023
Tuvalu 0 10 1980 - 2023
Vanuatu 0 11 1980 - 2023



Definition: We calculated the world GDP as the sum of the GDP of all countries expressed in current USD. The share of GDP is the GDP of a particular country as percent of the world GDP. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

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