G20 Economy (2026)

19 countries + EU · ~85% of global GDP · Source: IMF · Updated August 2026

G20 Economic Overview

The Group of Twenty (G20) is the premier forum for international economic cooperation, bringing together the world's 19 largest economies plus the European Union. G20 members account for approximately 85% of global GDP, 75% of international trade, and two-thirds of the world's population. The G20 was elevated from a finance ministers' forum to a leaders' summit during the 2008 financial crisis, recognizing that global economic challenges require coordination beyond the G7.

The G20 spans the full spectrum of economic development: from high-income economies like the United States ($94,430 GDP per capita) to emerging markets like Indonesia and India. This diversity makes consensus difficult but ensures that G20 decisions reflect global economic realities rather than just advanced-economy perspectives.

G20 member economies ranked by GDP in 2026. Source: IMF.
#CountryGDPGrowthGDP/Capita
1United States$32.38T2.3%$94,430
2China$20.85T4.4%$14,874
3Germany$5.45T0.8%$65,303
4Japan$4.38T0.7%$35,703
5United Kingdom$4.26T0.8%$61,056
6India$4.15T6.5%$2,813
7France$3.60T0.9%$52,083
8Italy$2.74T0.5%$46,505
9Russia$2.66T1.1%$18,525
10Brazil$2.64T1.9%$12,313
11Canada$2.51T1.5%$60,305
12Australia$2.12T2.0%$75,648
13Mexico$2.12T1.6%$15,779
14South Korea$1.93T1.9%$37,412
15Turkey$1.64T3.4%$19,018
16Indonesia$1.54T5.0%$5,362
17Saudi Arabia$1.39T3.1%$37,811
18Argentina$688.38B3.5%$14,357
19South Africa$479.96B1.0%$7,503