The economy of the United States is the largest in the world. At $18 trillion, it represents a quarter share of the global economy (24.3%), according to the latest World Bank figures. China follows, with $11 trillion, or 14.8% of the world economy.
Which among the following countries had the highest GDP per person in 2017?
Nauru, a newly arrived country to the IMF datasets, tops the ranking with an average of 16 per cent GDP growth over the last ten years.
What was global GDP in 2017?
Global GDP by Year
|Year||GDP Real (Inflation adj.)||GDP growth|
What was GDP growth in 2017?
U.S. gdp growth rate for 2017 was 2.37%, a 0.73% increase from 2016.
Which country has highest GDP in 2018?
The United States has the largest economy in the world at $20.4 trillion, according to data from the International Monetary Fund (IMF), which shows the US economy increased from around $19.4 trillion last year. China follows, with $14 trillion, which is an increase of more than $2 trillion in comparison to 2017.
What are the top 50 richest countries?
Top 50 richest countries in the world
|Rank||Country||GDP(PPP) per capita 2018 (Intl $)|
Which is the richest state in India?
|Rank||State/Union Territory||Nominal GDP ₹ lakh crore = INR trillions; USD billions|
|1||Maharashtra||₹28.78 lakh crore (US$400 billion)|
|2||Tamil Nadu||₹18.46 lakh crore (US$260 billion)|
|3||Uttar Pradesh||₹17.94 lakh crore (US$250 billion)|
|4||Karnataka||₹16.99 lakh crore (US$240 billion)|
What is the world’s first largest economy?
1. United States: USD 25.3 trillion in 2024. FocusEconomics panelists see the U.S. retaining its title as the world’s largest economy, with a forecast for nominal GDP of USD 25.3 trillion in 2024.
What is the GDP of world?
World’s GDP is $80,934,771,028,340 (nominal, 2017). (abbrev.)
Which country has the fastest growing GDP?
The Five Fastest Growing Economies In The World
- Guyana. With a projected 26.21% growth in 2020, Guyana is the fastest growing economy in the world. …
- South Sudan. South Sudan is a young country that gained independence in 2011. …
- Bangladesh. Bangladesh has emerged as a strong economic growth story. …
- Egypt. …
- Rounding Out The Top Ten.
16 окт. 2020 г.
What was the GDP for 2020?
Current-dollar GDP decreased 2.3 percent, or $500.6 billion, in 2020 to a level of $20.93 trillion, compared with an increase of 4.0 percent, or $821.3 billion, in 2019 (tables 1 and 3).
What was GDP in 2016?
Current-dollar GDP increased 2.9 percent, or $529.0 billion, in 2016 to a level of $18,565.6 billion, compared with an increase of 3.7 percent, or $643.5 billion, in 2015 (table 1 and table 3).
What was the GDP in 2015?
Current-dollar GDP increased 3.4 percent, or $589.8 billion, in 2015 to a level of $17,937.8 billion, compared with an increase of 4.1 percent, or $684.9 billion, in 2014.
Which country is No 1 in world?
For the fourth year in a row, Switzerland is considered the No. 1 Best Country.
What country has lowest GDP?
In 2020, Burundi reported the lowest per-capita GDP ever, closely-followed by South Sudan and Malawi. All three countries struggle economically, because of poorly developed infrastructure and a low standard of living.
What is India’s GDP 2020?
Economy of India
|GDP||$2.8 trillion (nominal; 2021 est.) $9.56 trillion (PPP; 2021 est.)|
|GDP rank||6th (nominal; 2020) 3rd (PPP; 2020)|
|GDP growth||0.4% (Q3 20/21e)(National Statistical Office) −9.6% (20/21e) 8.8% (21/22f) (WB)|
|GDP per capita||$1,877 (nominal; 2020 est.) $6,284 (PPP; 2020 est.)|