Types of Gross Domestic Product (GDP)
Real Gross Domestic Product. Real GDP is the GDP after inflation has been taken into account.
Nominal Gross Domestic Product. Nominal GDP is the GDP at current prices (i.e. with inflation).
Gross National Product (GNP)
According to the International Monetary Fund, these are the highest-ranking countries in the world in nominal GDP:
United States (GDP: 20.49 trillion)
China (GDP: 13.4 trillion)
Japan: (GDP: 4.97 trillion)
Germany: (GDP: 4.00 trillion)
United Kingdom: (GDP: 2.83 trillion)
France: (GDP: 2.78 trillion)
India: (GDP: 2.72 trillion)
Italy: (GDP: 2.07 trillion)
Brazil: (GDP: 1.87 trillion)
Canada: (GDP: 1.71 trillion)