Trillion dollar club

The Trillion dollar club is an unofficial classification of the world's major economies with a gross domestic product (nominal GDP) of more than USD 1 trillion per year.[1][2] As of 2011 it currently includes 15 countries.

Due to the world financial crisis, South Korea and Australia exited the trillion dollar club as their nominal GDPs shrank below $1 trillion in 2008 and 2009 respectively. Australia rejoined the list in 2010 while South Korea did so in 2011 as these countries' nominal GDPs once again were above $1 trillion. Accordingly, with the IMF, Mexico's estimated nominal GDP in 2009 also disminished below the trillion dollar mark, although other sources such as the CIA reported it above the mark.

Africa and Antarctica are the only continents without countries included in the group.

Chronological order of current nations having at least US$500 billion

Year Country Source
1959  United States [3][4]
1975  Japan [3][4]
1978  France [3][4]
1980(1986)  United Kingdom [3][4]
1986  Italy [3][4]
1989  Canada [3][4]
1990  Germany [3][4]
1990  Spain [3][4]
1993  China [3][4]
1994  Brazil [3][4]
1999  Mexico [3][4]
1995(2000)  South Korea [3][4]
2002  India [3][4]
2003  Australia [3][4]
2003  Netherlands [3][4]
1991(2004)  Russia [3][4]
2006  Turkey [3][4]
2008  Indonesia [3][4]
2008   Switzerland [3][4]
2008(2011)  Belgium [3][4]
2008(2011)  Poland [3][4]
2011  Saudi Arabia [3][4]
2011  Sweden [3][4]
2013(est.)  Norway [3][4]
2013(est.)  Iran [3][4]

Former nation that had US$500 billion economy

Year [5] Country Source
1960-1990(?)  Soviet Union
1977-1989(?)  West Germany

Chronological order of current nations having at least US$1 trillion

Economies exceeding $1t in 2010 (log scale)
Year [6] Country Source
1970  United States [3][7]
1979  Japan [3][8]
1988  France [3][7]
1990  Germany [3][4][9]
1990  Italy [3][4]
1990(1994)  United Kingdom [3][4]
1998  China [3][4]
2004  Spain [3][4]
2005  Canada [3][4]
2006  Brazil [3][4]
2007  India
 Russia 		[3][3][4][10]
2007(2010)  Mexico
 South Korea 		[3][4]
2008(2010)  Australia [3][4]

Former nation that had US$1 trillion economy

Year [5] Country Source
1972-1990(?)  Soviet Union
1987-1989(?)  West Germany

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 USD 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. Also, the Soviet Union reached USD 1 trillion dollars in 1988.

Chronological order of current nations having at least US$2 trillion

Year Country Source
1977  United States [3][4]
1986  Japan [3][4]
1992(2002)  Germany [3][4]
2004  United Kingdom [3][4]
2004  France [3][4]
2005  China [3][4]
2007  Italy [3][4]
2010  Brazil [3][4]
2012  Russia [4]

Former nation that had US$2 trillion economy

Year [5] Country Source
1980-1990(?)  Soviet Union

Chronological order of current nations having at least US$3 trillion

Year Country Source
1981  United States [3][4]
1988  Japan [3][4]
2007  China [3][4]
2007  Germany [3][4]

Chronological order of current nations having at least US$4 trillion

Year Country Source
1985  United States [3][4]
1993(2003)  Japan [3][4]
2008  China [3][4]

Chronological order of current nations having at least US$5 trillion

Year Country Source
1988  United States [3][4]
1995(2009)  Japan [3][4]
2009  China [3][4][9]

Chronological order of current nations having at least US$6 trillion

Year Country Source
1992  United States [3][4]
2011  China [3][4]
2013(est.)  Japan [3][4]

Chronological order of current nations having at least US$7 trillion

Year Country Source
1990  European Union
1994  United States [3][4]
2011  China [3][4]

Chronological order of current nations having at least US$8 trillion

Year Country Source
1992(1995)  European Union
1997  United States [3][4]
2012  China [3][4]

Chronological order of current nations having at least US$9 trillion

Year Country Source
1995(2002)  European Union
1999  United States [3][4]
2013(est.)  China [3][4]

Chronological order of current nations having at least US$10 trillion

Year Country Source
2001  United States [3][4]
2003  European Union

Chronological order of current nations having at least US$11 trillion

Year Country Source
2003  United States [3][4]
2004  European Union

Chronological order of current nations having at least US$12 trillion

Year Country Source
2005  United States [3][4]

Chronological order of current nations having at least US$13 trillion

Year Country Source
2006  European Union
2007  United States [3][4]

Chronological order of current nations having at least US$14 trillion

Year Country Source
2009  United States [3][4]

Chronological order of current nations having at least US$15 trillion

Year Country Source
2011  United States [3][4]

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 "Field Listing :: GDP (official exchange rate)". Central Intelligence Agency. Retrieved 2012-11-02.
  4. 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 "Report for Selected Countries and Subjects". IMF. Retrieved 2012-10-31.
  5. 1 2 3 "Report for Selected Countries and Subjects". Imf.org. 2006-09-14. Retrieved 2012-11-02.
  6. ↑ "Report for Selected Countries and Subjects". Imf.org. 2006-09-14. Retrieved 2012-11-02.
  7. 1 2 "GDP statistics - countries compared - NationMaster". Nationmaster.com. 2010-11-15. Archived from the original on 2010-11-15. Retrieved 2012-11-02.
  8. ↑ "GDP (1979) by country". Nationmaster.com. 2010-08-17. Archived from the original on 2010-08-17. Retrieved 2012-11-02.
  9. 1 2 http://unstats.un.org/unsd/snaama/selQuick.asp
  10. ↑ "World Bank". Ddp-ext.worldbank.org. Retrieved 2012-11-02.
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