G7 Countries GDP in 2024, Adjusted for PPP

Visual Capitalist chart titled America is Carrying the G7, a circle split between the US at $29.2 trillion (52%) and six cells for Japan, Germany, France, the UK, Italy and Canada totalling $27.4 trillion, with a bar showing the G7 at 29% of world GDP at PPP in 2024
Infographic by Visual Capitalist. View the original.

This Visual Capitalist chart compares G7 countries GDP in 2024, adjusted for purchasing power parity. The United States accounts for $29.2 trillion, 52% of the group's $56.6 trillion, more than Japan, Germany, France, the UK, Italy and Canada combined. Together the G7 made up 29% of world GDP on this measure.

Key points from the chart

  • The United States had a PPP-adjusted GDP of $29.2 trillion in 2024, 52% of the G7 total of $56.6 trillion.
  • The other six members together come to $27.4 trillion, led by Japan ($6.6T) and Germany ($6.0T).
  • Canada is the smallest G7 economy on this measure at $2.6 trillion, 5% of the group.
  • The G7 made up 29% of world GDP on a PPP basis, against $138.0 trillion (71%) for the rest of the world.
  • The chart notes that America’s share of G7 GDP has risen 10 percentage points since 1980.

The G7 countries GDP chart in text

Title: America is Carrying the G7. Subtitle: PPP-adjusted GDP (2024) in International dollars. A circle is split diagonally: the lower blue half is the United States and the upper red half is divided into cells for the other six members, with an arc labelled $27.4T for their combined total.

Country PPP GDP 2024 on the graphic Share of G7 on the graphic IMF October 2026 estimate, billions of international dollars
United States $29.2T 52% 29,381
Japan $6.6T 12% 6,774
Germany $6.0T 11% 6,081
France $4.4T 8% 4,426
United Kingdom $4.3T 8% 4,399
Italy $3.6T 6% 3,627
Canada $2.6T 5% 2,669
G7 total $56.6T 29% of world 57,356

The IMF column is not on the graphic; it is added for comparison (see below).

Annotations:

  • “America’s share of G7 GDP has climbed 10 percentage points since 1980.”
  • “The G7 controlled 45% of the global economy at its peak in 1995, but has steadily lost ground since.” A bar beneath shows G7 $56.6T (29%) and Rest of the World $138.0T (71%).
  • “GDP isn’t everything, these economies have higher life expectancies & better social support than the U.S.”

Footer: Visual Capitalist logo. “Figures rounded. Source: The Economist, International Monetary Fund (2024).” Banner: Voronoi by Visual Capitalist, Where Data Tells the Story.

What PPP-adjusted GDP measures

Gross domestic product measures the value of final goods and services an economy produces in a year. The IMF’s PPP series converts each country’s GDP into “international dollars” using purchasing power parity, which adjusts for differences in price levels between countries, rather than market exchange rates [3]. On this basis US GDP is about the same as in nominal dollars, while countries with lower price levels look larger than they do at market rates.

How the figures compare with current IMF data

The IMF’s October 2026 World Economic Outlook puts 2024 PPP GDP slightly higher than the graphic for every member, because GDP estimates are revised [1][3]. On those figures the G7 total is about $57.4 trillion and the US share is 51.2%, close to the graphic’s 52% (our calculation from the IMF values). The US share of combined G7 GDP rises from 41.7% in 1980 to 51.2% in 2024, about 9.5 points, in line with the chart’s “10 percentage points” (our calculation) [1].

The IMF series for the G7’s share of world GDP on a PPP basis is 51.8% in 1980, 46.0% in 1995 and 28.9% in 2024 [2]. The 2024 figure matches the graphic’s 29%.

Notes on this infographic

  • “At its peak in 1995” does not match the current IMF series, which shows the G7 share at 51.8% in 1980, falling to 46.0% by 1995 [2]. The 1995 figure is close to the graphic’s 45%, but on these figures the share was already falling before 1995.
  • The six non-US values add to $27.5 trillion, not the $27.4 trillion on the arc, and the shares add to 102%. The footer says figures are rounded.
  • The life expectancy and social support callout is the creator’s statement; no figures for it are given on the graphic and we have not added any.
  • PPP GDP measures the size of an economy, not living standards per person. Per person, the ranking of G7 members changes.

Questions about G7 GDP

Who has the strongest economy in the G7?

By GDP, the United States: $29.2 trillion on a PPP basis in 2024, more than the other six members combined, according to the chart.

Which countries are members of the G7?

The seven on this chart: the United States, Japan, Germany, France, the United Kingdom, Italy and Canada.

What is GDP PPP?

It is gross domestic product converted at purchasing power parity rates, in international dollars, so that price differences between countries are taken into account [3].

Sources

  1. International Monetary Fund, DataMapper API, GDP at purchasing power parity (PPPGDP), G7 members, World Economic Outlook October 2026.
  2. International Monetary Fund, DataMapper API, GDP based on PPP, share of world (PPPSH).
  3. International Monetary Fund, DataMapper indicator definitions (PPPGDP and PPPSH).
  4. Visual Capitalist, Voronoi, The G7 is Looking More and More American (December 2024). The creator’s original post of this chart.

Last reviewed 30 October 2026

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