Using data from the International Monetary Fund and UN World Population Prospects, Visual Capitalist ranked the world's five smallest economies by their estimated GDP in 2025. Only sovereign countries have been included, and some smaller economies may have been missed due to data unavailability.
All of the smallest economies in the world are islands or archipelagoes that belong to remote areas and have small resident populations.
Palau is the fifth-smallest economy overall, with a projected GDP of $353 million, followed by Kiribati, whose GDP stands at an estimated $333 million.
Third-placed Marshall Islands has a projected GDP of $294 million in 2025, and a population of just 36,000.
Nauru, the world's smallest republic and island nation, is home to 12,000 people and has an estimated GDP of $179 million.
The world's smallest economy overall is Tuvalu, whose GDP stands at just $79 million. The island nation, which has a population of around 9,000, makes a considerable share of its money from leasing out the ".tv" internet domain.
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Via Voronoi.