According to Fortune Magazine, the largest American company in 2009 was Exxon Mobil Its total revenues were $442.85 billion. Second was Wal-Mart, with total revenues of $405.61 billion. Rounding out the top 10 were Chevron ($263.16 billion), ConocoPhillips ($230.76 billion), General Electric ($183.21 billion), General Motors ($148.98 billion), Ford Motor ($146.28 billion), AT&T ($124.03 billion), Hewlett-Packard ($118.36 billion), and Valero Energy ($118.30 billion).
According to the International Monetary Fund (IMF), the 182 nations of the world had a combined GDP of nearly $60.9 trillion (or $60,900 billion) in 2008. But comparing the GDP data to the Fortune 500 data produces the table at right (click for the top 182 nations and corporations each, in order). If Exxon Mobil were a country, it would rank 25th in the world, right between Norway and Austria. Wal-Mart would rank 27th, sandwiched between Austria and Taiwan. Chevron would rank 28th, ConocoPhillips 42nd, GE 49th, GM 59th, Ford 60th, and AT&T, H-P, and Valero would be ranked 64-66 respectively.
In fact, all of the Fortune 500 would rank above the 40 smallest national economies in the world. And the smallest company on Fortune’s list of the 1000 largest U.S. companies would be larger than the national economies of 28 entire countries. Exxon Mobil’s revenue is greater than the combined GDP of the 78 smallest countries (out of a total of 182) in the world. Continue reading