How does Shopify (SHOP) revenue compare to country GDP?
Calculated from the four most recent reported quarters, ending (reported ). GDP data: World Bank, 2024.
Shopify Inc. economic scale comparison

SHOP
If Shopify were a country, it would rank #147 of 192
$11.56B revenue exceeds the GDP of Malawi ($11.32B)
Top 77% of world economies
US GDP (#1): $28.75T
Similar economies
Frequently asked questions
How does Shopify (SHOP) revenue compare to country GDP?
- Shopify revenue exceeds the GDP of Malawi. This means the company generates more annual revenue than the entire economic output of Malawi.
If Shopify (SHOP) were a country, what would its economy rank be?
- If Shopify were a country, it would be the #147 largest economy out of 192 countries, placing it in the top 77% of world economies.
What is Shopify (SHOP)'s annual revenue?
- Shopify's trailing twelve months (TTM) revenue is $11.56B.
Which countries have similar GDP to Shopify (SHOP)'s revenue?
- Countries with GDP close to Shopify's revenue include Namibia, Equatorial Guinea, Somalia, Fed. Rep., Monaco, Mauritania, Togo.
What does economic scale comparison mean?
- Economic scale comparison puts a company's revenue side by side with country GDP to visualize corporate scale. GDP data comes from the World Bank (latest available year). Revenue is based on trailing twelve months (TTM) data.
Data & methodology
How is the economic scale comparison calculated?
- We compare Shopify Inc.'s Trailing Twelve Months (TTM) revenue to the Gross Domestic Product (GDP) of countries. We find the country whose GDP is closest to but less than the company's revenue, or the smallest country if the company is larger than all.
What does it mean when revenue exceeds a country's GDP?
- When Shopify Inc.'s revenue exceeds a country's GDP, it means the company generates more revenue in a year than that entire country's economic output. It's a striking way to visualize corporate scale.
What GDP data do you use?
- We use World Bank GDP data in USD. The comparison uses the most recent year available in our database.
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