The Top 175 Global Economic Entities, 2010

GlobalEconomicFinancialLinkagesRecently, Fortune Magazine published its list of the Global 500. Based on the popularity of last year’s blog post, I’ve decided to update the Top 175 Global Economic Entities annually. Using 2010 data, the list below includes the world’s largest economic entities as measured by Gross Domestic Product (Source: World Bank, 1 July 2011) and Total Revenue (Source: Fortune Magazine, 25 July 2011).

Rank Entity $US Millions
1 United States $14,582,400
2 Eurozone $12,174,523
3 China $5,878,629
4 Japan $5,497,813
5 Germany $3,309,669
6 France $2,560,002
7 United Kingdom $2,246,079
8 Brazil $2,087,890
9 Italy $2,051,412
10 India $1,729,010
11 Canada $1,574,052
12 Russia $1,479,819
13 Spain $1,407,405
14 Mexico $1,039,662
15 South Korea $1,014,483
16 Australia $924,843
17 Netherlands $783,413
18 Turkey $735,264
19 Indonesia $706,558
20 Switzerland $523,772
21 Poland $468,585
22 Belgium $467,472
23 Sweden $458,004
24 Wal-Mart Stores $421,849
25 Norway $414,462
26 Venezuela $387,852
27 Royal Dutch Shell $378,152
28 Austria $376,162
29 Saudi Arabia $375,766
30 Argentina $368,712
31 South Africa $363,704
32 Exxon Mobile $354,674
33 Iran $331,015
34 Thailand $318,847
35 Denmark $310,405
36 British Petroleum $308,928
37 Greece $304,865
38 Columbia $288,189
39 Sinopec Group $273,422
40 China National Petroleum $240,192
41 Finland $238,801
42 Malaysia $237,804
43 United Arab Emirates $230,252
44 Portugal $228,538
45 State Grid $226,294
46 Hong Kong $224,458
47 Singapore $222,699
48 Toyota Motor $221,760
49 Egypt $218,912
50 Israel $217,334
51 Japan Post Holdings $203,958
52 Ireland $203,892
53 Chile $203,443
54 Philippines $199,589
55 Chevron $196,337
56 Nigeria $193,669
57 Czech Republic $192,152
58 Total $186,055
59 ConocoPhillips $184,966
60 Pakistan $174,799
61 Volkswagen $168,041
62 AXA $162,236
63 Romania $161,624
64 Algeria $159,426
65 Peru $153,845
66 Fannie Mae $153,825
67 General Electric $151,628
68 Kuwait $148,024
69 ING Group $147,052
70 Glencore International $144,978
71 Kazakhstan $142,987
72 Ukraine $137,929
73 Berkshire Hathaway $136,185
74 General Motors $135,185
75 Bank of America Corporation $134,194
76 Samsung Electronics $133,781
77 ENI $131,756
78 Hungary $130,419
79 Daimler $129,481
80 Ford Motor $128,954
81 BNP Paribus $128,726
82 Allianz $127,379
83 New Zealand $126,679
84 Hewlett-Packard $126,033
85 E.ON $125,064
86 AT&T $124,629
87 Nippon Telegraph & Telephone $120,316
88 Carrefour $120,297
89 Assicurazioni Generali $120,234
90 Petrobrás $120,052
91 Gazprom $118,657
92 J.P. Morgan Chase & Co. $115,475
93 McKesson $112,084
94 GDF Suez $111,888
95 Citigroup $111,055
96 Hitachi $108,766
97 Verizon Communications $106,565
98 Nestlé $105,267
99 Crédit Agricole $105,003
100 American International Group $104,417
101 Honda Motor $104,342
102 Vietnam $103,572
103 HSBC Holdings $102,680
104 Siemens $102,657
105 Nissan Motor $102,430
106 Pemex $101,506
107 Panasonic $101,491
108 Banco Santander $100,350
109 Bangladesh $100,076
110 International Business Machine $99,870
111 Cardinal Health $98,602
112 Freddie Mac $98,368
113 Qatar $98,313
114 Hyundai Motor $97,408
115 Enel $97,185
116 CVS Caremark $96,413
117 JX Holdings $95,964
118 Lloyds Banking Group $95,682
119 Hon Hai Precision Industry $95,191
120 Tesco $94,185
121 UnitedHealth Group $94,155
122 Wells Fargo $93,249
123 Morocco $91,196
124 Aviva $90,211
126 Metro $89,081
125 Slovakia $89,034
127 PDVSA $88,361
128 Statoil $87,646
129 Électricité de France $86,309
130 Lukoil $86,078
131 Valero Energy $86,034
132 BASF $84,597
133 Angola $84,391
134 Société Générale $84,350
135 Sony $83,845
136 ArcelorMittal $83,443
137 Deutsche Telekom $82,674
138 Kroger $82,189
139 Iraq $82,150
140 Telefónica $80,444
141 BMW $80,099
142 Procter & Gamble $79,689
143 Nippon Life Insurance $78,571
144 SK Holdings $78,435
145 EXOR Group $78,123
146 AmerisourceBergen $77,954
147 Costco Wholesale $77,946
148 Petronas $76,876
149 China Mobile Communications $76,673
150 Munich Re Group $76,220
151 Toshiba $74,706
152 Peugeot $74,251
153 Prudential $73,598
154 Vodafone $71,344
155 Deutsche Post $71,121
156 Repsol YPF $70,456
157 China Railway Group $69,973
158 Dexia Group $69,491
159 Groupe BPCE $69,297
160 Indian Oil $68,837
161 Marathon Oil $68,413
162 Royal Bank of Scotland $68,088
163 Home Depot $67,997
164 Zurich Financial Services $67,850
165 Pfizer $67,809
166 Walgreen $67,420
167 China Railway Construction $67,414
168 Target $67,390
169 RWE $67,179
170 China Construction Bank $67,081
171 U.S. Postal Service $67,052
172 Medico Health Solutions $65,968
173 Apple $65,225
174 Aegon $65,136
175 China Life Insurance $64,635

Eight of the top 50 economic entities are multinational corporations (16 percent). In the second tier of 50, 36 are corporations (72 percent) and in the third tier of 50, 86 percent are corporations (43). In total 64 percent (112) of the top 175 economic entities are corporations. Not listed are 130+ countries with levels of gross domestic product (GDP) lower than Iraq’s. The total revenue of Wal-Mart (24th on the list) is 1.94 times larger than the GDP of Israel (50th on the list) and 5.135 times larger than the GDP of Iraq (139th on the list). Noticeably, there are more corporations and fewer countries on the list this year. How will it change over the next twelve months?

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3 thoughts on “The Top 175 Global Economic Entities, 2010”

  1. Just caught up with the update, excellent thank you. See the EU is largest? Marvellous what happens when you kick the euro can down the road and dollar devalues. I suspect that when the cheap energy from fracking goes into US of A economy the world will look different to that of today.

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