What is the Combined GDP of all NATO Members?
The combined GDP of all 31 NATO members, alongside impending addition of Sweden as a member state, amounts to a staggering $45.93319 trillion (calculation below).
Placing this figure into context, the world’s GDP stands at approximately $100,562 trillion (nominal, 2022). Consequently, NATO’s GDP constitutes a formidable 45.65 percent of the global GDP.
For further perspective, consider China’s GDP, which stands at $17.963 trillion, and Russia’s at $2.240 trillion. In light of these figures, NATO’s GDP surpasses China’s by 2.554 times and Russia’s by an astonishing 20.5 times.
These numbers underscore the considerable economic power wielded by NATO and its member states on the global stage. Nonetheless, it is essential to recognize that while possessing economic power is one aspect, the strategic decision to actually channel this power toward effecting change is another matter entirely.
Here are the NATO member states, including Sweden, listed from largest to smallest economy based on nominal GDP in 2022, along with the size of their GDP in billion or trillions of U.S. dollars:
1. United States: $25.463 trillion
2. Germany: $4.072 trillion
3. United Kingdom: $3.071 trillion
4. France: $2.783 trillion
5. Italy: $2.010 trillion
6. Canada: $2.140 trillion
7. Spain: $1.398 trillion
8. Netherlands: $991 billion
9. Turkey: $906 billion
10. Sweden: $586 billion
11. Poland: $688 billion
12. Norway: $579 billion
13. Belgium: $579 billion
14. Czech Republic: $291 billion
15. Finland: $280.83 billion
16. Romania: $301 billion
17. Greece: $219 billion
18. Portugal: $252 billion
19. Hungary: $179 billion
20. Denmark: $395 billion
21. Slovakia: $115 billion
22. Lithuania: $70.33 billion
23. Croatia: $70.96 billion
24. Slovenia: $62.12 billion
25. Luxembourg: $82.27 billion
26. Latvia: $41.15 billion
27. Estonia: $38.10 billion
28. Bulgaria: $89.04 billion
29. Albania: $18.88 billion
30. North Macedonia: $13.56 billion
31. Iceland: $27.84 billion
32. Montenegro: $6.10 billion
*Dr. Leon Hartwell is a Visiting Fellow at the European Leadership Network (ELN), Senior Associate at LSE IDEAS, London School of Economics, and a Non-Resident Fellow at the Center for European Policy Analysis (CEPA).
