What Country Has The Largest Economy?

  • US Nominal GDP: $19.39 trillion. US GDP (PPP): $19.39 trillion.
  • China Nominal GDP: $12.01 trillion.
  • Japan Nominal GDP: $4.87 trillion.
  • Germany Nominal GDP: $3.68 trillion.
  • UK Nominal GDP: $2.62 trillion.
  • India Nominal GDP: $2.61 trillion.
  • France Nominal GDP: $2.58 trillion.
  • Brazil Nominal GDP: $2.05 trillion.

Countries by GDP (nominal)

Rank Country GDP (Millions of US$)
European Union 18,162,109
1 Germany 3,930,000
2 United Kingdom 2,770,000
3 France 2,660,000

44 more rowsList

2017 Rank Country Nominal GDP ($ billions)
1 Nigeria 376.284
2 South Africa 349.299
3 Egypt 237.037
4 Algeria 178.287

51 more rowsList of Latin American and Caribbean countries by GDP (PPP)

Country GDP (PPP) in millions (Intl$) GDP (PPP) per capita (Intl$)
Brazil 3,259,000 15,941.00
Mexico 2,224,000 18,370.00
Argentina 953,029 22,459.00
Colombia 682,977 14,164.43

29 more rowsList of nominal GDP for European countries in billion USD

2018 Rank Country 2015
1st Germany 3,365.293
2nd United Kingdom 2,858.482
3rd France 2,420.163
4th Italy 1,815.759

36 more rowsThe largest economies in Asia in terms of PPP gross domestic product (GDP) are China, India, Japan, South Korea, Indonesia, Turkey, Iran, Saudi Arabia, Taiwan, Thailand, Pakistan, Malaysia and Philippines and in terms of nominal gross domestic product (GDP) are China, Japan, India, South Korea, Russia, Indonesia, List

2016 Rank Country Nominal GDP per capita (US$)
1 Nigeria 2,929.525
2 Egypt 3,740.249
3 South Africa 4,768.235
4 Algeria 4,082.572

51 more rowsChina has been the world’s largest exporter of goods since 2009. Official estimates suggest Chinese exports amounted to $1.904 trillion in 2013. Since 2013, China has also become the largest trading nation in the world. This position was previously held by the United States.

Which country has the strongest economy?

The World’s Top 10 Largest Economies

  1. United States. Despite facing challenges at the domestic level along with a rapidly transforming global landscape, the U.S. economy is still the largest in the world with a nominal GDP forecast to exceed USD 21 trillion in 2019.
  2. China.
  3. Japan.
  4. Germany.
  5. United Kingdom.
  6. India.
  7. France.
  8. Italy.
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Who has the largest economy in the world 2018?

The World’s Biggest Economies In 2018

  • United States. The U.S. economy increased from around $19.4 trillion last year to $20.4 trillion.
  • China. China increased its economy by $2 trillion from 2017, to $14 trillion.
  • Japan. In 2017, Japan’s economy was $4.87 trillion.
  • Germany.
  • United Kingdom.
  • France.
  • India.
  • Italy.

Which is the richest country in world?

From Bahrain to Qatar: These are the 25 richest countries in the world

  1. The world is getting richer: The global economy expanded by more than 3 percent to $80.68 trillion in 2017. But that wealth is not distributed equally.
  2. France. GNI per capita: $43,790.
  3. Japan.
  4. Finland.
  5. Canada.
  6. Australia.
  7. Belgium.
  8. Sweden.

Is California the 5th largest economy in the world?

The economy of California is the largest in the United States, boasting a $3.0 trillion gross state product as of 2018. As a sovereign nation (2017), California would rank as the world’s fifth largest economy, ahead of the United Kingdom but behind Germany.

Which country will be the richest in 2050?

  • 2 China – $25.33 trillion. The richest country in the world in 2050 is predicted to be China.
  • 3 United States – $22.27 trillion.
  • 4 India – $8.17 trillion.
  • 5 Japan – $6.43 trillion.
  • 6 Germany – $3.71 trillion.
  • 7 United Kingdom – $3.58 trillion.
  • 8 Brazil – $2.96 trillion.
  • 9 Mexico – $2.81 trillion.

What country has the highest GDP 2018?

China will remain the world’s largest economy on ppp basis over the next few decades as 2nd ranked US is growing slow and 3rd ranked India is way behind. In nominal ranking, India which is at 7th place in 2018, is projected to surpass United Kingdom and France in 2019 to become 5th largest economy of the world.

Who has the #1 economy in the world?

Twenty largest economies in the world by nominal GDP

Rank 1980 2020
1 United States United States
2 Soviet Union China
3 Japan Japan
4 West Germany Germany

1 more row

What country is the poorest in the world?

One of the factors used to determine the richest and poorest countries in the world is by taking a look at each nation’s gross domestic product per capita.

Poorest Countries In Africa 2019

  1. Somalia.
  2. Central African Republic.
  3. Democratic Republic of the Congo.
  4. Burundi.
  5. Liberia.
  6. Niger.
  7. Malawi.
  8. Mozambique.

Who has the number 1 economy in the world?

1. United States. The U.S. has retained its position of being the world’s largest economy since 1871. The size of the U.S. economy was at $19.39 trillion in 2017 in nominal terms and is expected to reach $20.41 trillion in 2018.

What will be the most powerful country in 2050?

In 2050, China is expected to be the world’s richest, and probably the most powerful, economy, with a GDP of $24.62 trillion and a per capita income of $17,759.

  • Canada. Entree Destinations.
  • France.
  • Mexico.
  • United Kingdom.
  • Germany.
  • Japan.
  • United States.
  • China.
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What’s the richest country in the world 2018?

The 20 Richest Countries in the World Right Now Might Surprise You

  1. United Arab Emirates.
  2. Kuwait.
  3. Norway.
  4. Ireland.
  5. Brunei.
  6. Singapore.
  7. Luxembourg. Luxembourg has a GDP (PPP) per capita of $112,710.
  8. Qatar. Qatar has a GDP (PPP) per capita of $129,360, making its citizens the richest in the world.

Which is the poorest country in the world 2018?

With that said, let’s have a look at the poorest countries in the world according to the FocusEconomics Consensus Forecast for 2019 nominal GDP per capita.

  • Democratic Republic of Congo. 2017 GDP per Capita: USD 439.
  • Mozambique. 2017 GDP per Capita: USD 429.
  • Uganda.
  • Tajikistan.
  • Yemen.
  • Haiti.
  • Ethiopia.
  • Tanzania.

Is the UK the 5th biggest economy?

The economy of the United Kingdom is highly developed and market-orientated. It is the fifth-largest national economy in the world measured by nominal gross domestic product (GDP), ninth-largest by purchasing power parity (PPP), and twenty second-largest by GDP per capita, comprising 3.5% of world GDP.

Is California’s economy better than Texas?

The most populous states are very diverse, with just under 40% of Illinois’ population being minority while both California and Texas are majority-minority.

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State 10-year Real GDP 2007-2017 Supplemental Poverty Rate
Texas 30.4% 14.7%
California 19.4% 20.4%
New York 12.7% 16.0%
Illinois 5.1% 13.4%

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What is the 5th largest economy in the world?

California now has the world’s 5th largest economy. California’s economy has surpassed that of the United Kingdom to become the world’s fifth largest, according to new federal data made public Friday.

What will be the future of India in 2050?

In a 2011 report, Citigroup predicted India would be the world’s biggest economy before 2050. “We expect India’s real per capita GDP to grow at 6.4% pa over the 40-year period between 2010 and 2050 (7.2% pa over the next 10 years and at rates of 7.7% pa between 2020 and 2030 and 5.2% pa between 2030 and 2050).

What will be the biggest economy in 2050?

Top 10 largest economies by 2050

  1. 8- Japan ($6.779 trillion)
  2. 7- Mexico ($6.863 trillion)
  3. 6- Russia ($7.131 trillion)
  4. 5- Brazil ($7.540 trillion)
  5. 4- Indonesia ($10.502 trillion)
  6. 3- United States ($34.102 trillion)
  7. 2- India ($44.128 trillion)
  8. 1- China ($58.499 trillion)

Which country has the best army?

10 Countries with Strongest Armies in the World

  • The United States. The United States spends a whopping $612.5 billion on the military, more than the other nine countries’ budgets combined.
  • Russia. Russia’s defence budget stands at $76.6 billion, and is expected to grow 44% more in the next three years.
  • China.
  • India.
  • The United Kingdom.
  • France.
  • Germany.
  • Turkey.
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Who is the richest country in the world 2019?

Richest Countries In The World – Top 15

  1. Kuwait. Photo: xiquinhosilva.
  2. Switzerland. Photo: public domain.
  3. United States. Photo: chensiyuan.
  4. San Marino. Photo: Max_Ryazanov.
  5. Netherlands. Photo: Wikimedia Commons.
  6. Saudi Arabia. Photo: Fahad naji00.
  7. Iceland. Photo: Public domain.
  8. Germany. Photo: Richard Bartz. GDP (PPP) per capita: 57 360 Int. $

Which country has the strongest military?

Here’s the hardware the world’s top 25 militaries have in their arsenals

  • The US is the world’s most powerful military, according to firepower.
  • Russia and China aren’t far behind.

What was global GDP in 2018?

According to the World Bank, the global GDP in current prices totaled $80.7 trillion in 2017. The IMF expected world GDP would expand to $84.8 trillion in 2018, with the United States, China, Japan, Germany, and the United Kingdom the largest countries by GDP.

Is India rich or poor?

According to world bank, India accounted for world’s largest number of poor people in 2012 using revised methodolgy to measure poverty, reflecting its massive population. However, in terms of percentage, it scored fairly lower than other countries holding large poor populations.

What is the richest country?

Let’s get started!

  1. Luxembourg. The European country of Luxembourg has been classified and defined as the richest country in the world.
  2. Norway. The GDP of Norway ranks as the second largest in the world.
  3. Switzerland.
  4. Ireland.
  5. Iceland.

Who is the poorest person on earth?

People you care about will be counting on you, so it’s imperative you learn from the poorest person in the world. In case you’re wondering, Jerome Kerviel did become indebted for €4.9 billion and did serve his sentence.

Which country has the strongest economy in the EU?

Countries by GDP (nominal)

Rank Country GDP (Millions of US$)
European Union 18,162,109
1 Germany 3,930,000
2 United Kingdom 2,770,000
3 France 2,660,000

44 more rows

Is Saudi Arabia a rich country?

With a total worth of US$34.4 trillion, Saudi Arabia has the second most valuable natural resources in the world. In 2016 the Saudi Government launched its Saudi Vision 2030 to reduce the country’s dependency on oil and diversify its economic resources. Saudi Arabia has the largest economy in the Arab world.

Is India the fastest growing economy?

Since 2014 with the exception of 2017, India’s economy has been the world’s fastest growing major economy, surpassing China. India topped the World Bank’s growth outlook for the first time in fiscal year 2015–16, during which the economy grew 7.6%.

Photo in the article by “Flickr” https://www.flickr.com/photos/lyng883/4792287507/

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