Oceania GDP PPP (2026)

continent
Population: 47,118,993 Countries: 14 Year: 2026

Oceania GDP PPP in 2026 measures the continent's economic output after adjusting for differences in purchasing power and local price levels between countries. Explore Oceania GDP at purchasing power parity, compare Oceanian economies by PPP, and see how differences in domestic prices affect the relative economic size of countries across the region.

Total GDP (PPP) $2.49 Trillion Year: 2026
Number of Countries 14 Countries
Share of World GDP PPP 1.12% of World
Largest Economy ๐Ÿ‡ฆ๐Ÿ‡บ Australia $2.10 Trillion
Smallest Economy ๐Ÿ‡น๐Ÿ‡ป Tuvalu $64.00 Million
Average GDP (PPP) $177.68 Billion Per Country

Oceania GDP PPP by Country (2026)

# Country GDP PPP (2026)
1 ๐Ÿ‡ฆ๐Ÿ‡บ Australia $2.10 Trillion 84.38% 0.94%
2 ๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand $312.30 Billion 12.55% 0.14%
3 ๐Ÿ‡ต๐Ÿ‡ฌ Papua New Guinea $52.11 Billion 2.09% 0.02%
4 ๐Ÿ‡ซ๐Ÿ‡ฏ Fiji $16.07 Billion 0.65% 0.01%
5 ๐Ÿ‡ธ๐Ÿ‡ง Solomon Islands $2.19 Billion 0.09% 0.00%
6 ๐Ÿ‡ผ๐Ÿ‡ธ Samoa $1.90 Billion 0.08% 0.00%
7 ๐Ÿ‡ป๐Ÿ‡บ Vanuatu $1.40 Billion 0.06% 0.00%
8 ๐Ÿ‡น๐Ÿ‡ด Tonga $840.00 Million 0.03% 0.00%
9 ๐Ÿ‡ฐ๐Ÿ‡ฎ Kiribati $515.00 Million 0.02% 0.00%
10 ๐Ÿ‡ซ๐Ÿ‡ฒ Micronesia $478.00 Million 0.02% 0.00%
11 ๐Ÿ‡ต๐Ÿ‡ผ Palau $361.00 Million 0.01% 0.00%
12 ๐Ÿ‡ฒ๐Ÿ‡ญ Marshall Islands $301.00 Million 0.01% 0.00%
13 ๐Ÿ‡ณ๐Ÿ‡ท Nauru $150.00 Million 0.01% 0.00%
14 ๐Ÿ‡น๐Ÿ‡ป Tuvalu $64.00 Million 0.00% 0.00%

Oceania GDP PPP Share by Country (2026)

$2.49T Total PPP
๐Ÿ‡ฆ๐Ÿ‡บ Australia 84.4%
๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand 12.6%
๐Ÿ‡ต๐Ÿ‡ฌ Papua New Guinea 2.1%
๐Ÿ‡ซ๐Ÿ‡ฏ Fiji 0.6%
๐Ÿ‡ธ๐Ÿ‡ง Solomon Islands 0.1%
Other countries 0.2%

Largest Economies in Oceania by PPP (2026)

1
๐Ÿ‡ฆ๐Ÿ‡บ Australia
$2.10T
2
๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand
$312.30B
3
๐Ÿ‡ต๐Ÿ‡ฌ Papua New Guinea
$52.11B
4
๐Ÿ‡ซ๐Ÿ‡ฏ Fiji
$16.07B
5
๐Ÿ‡ธ๐Ÿ‡ง Solomon Islands
$2.19B
6
๐Ÿ‡ผ๐Ÿ‡ธ Samoa
$1.90B
7
๐Ÿ‡ป๐Ÿ‡บ Vanuatu
$1.40B
8
๐Ÿ‡น๐Ÿ‡ด Tonga
$840.0M
9
๐Ÿ‡ฐ๐Ÿ‡ฎ Kiribati
$515.0M
10
๐Ÿ‡ซ๐Ÿ‡ฒ Micronesia
$478.0M

Oceania Countries

Share of World GDP PPP (2026)

1.12% Oceania
Asia 49.52%
North America 18.21%
Europe 20.37%
South America 4.79%
Africa 5.50%
Oceania 1.12%

Oceania Economy Overview

Purchasing power parity provides another perspective on the size of Oceanian economies by accounting for differences in domestic prices and living costs. PPP-based rankings can differ from nominal GDP rankings, particularly between high-income economies and smaller developing island markets. Population, productivity, domestic consumption, tourism, natural resources, services, wages, and local price levels all influence Oceania's GDP measured at PPP.

Oceania GDP Outlook

Oceania's GDP PPP outlook for 2026 reflects changes in real economic output, productivity, domestic consumption, tourism, investment, and price levels across the region. Developing island economies could increase their purchasing-power-adjusted output as infrastructure, productivity, services, and consumption expand. Long-term changes in population, prices, investment, and real economic growth will remain important drivers of Oceania's PPP-based economy.

Sources

Frequently Asked Questions

Oceania's combined nominal GDP in 2026 is approximately $2.49 Trillion.
Australia is the largest economy in Oceania based on the latest nominal GDP data used on this page.
Oceania includes 14 countries in the current page dataset.
GDP per capita rankings are calculated from the available country-level GDP and population data for the selected group.