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The United States is the world's largest economy with a GDP of approximately $20.513 trillion, notably due to high average incomes, a large population, capital investment, low unemployment, high consumer spending, a relatively young population, and technological innovation.
Ranking the Richest Countries in the World 1. United States. The U.S. has retained its position of being the world's largest economy... 2. China. China has experienced exponential growth over the past few decades,... 3. Japan. Japan is the third-largest economy in the world, with a GDP of $4.97 ...
According to the International Monetary Fund, these are the highest ranking countries in the world in nominal GDP: United States (GDP: 20.49 trillion). China (GDP: 13.4 trillion). Japan: (GDP: 4.97 trillion). Germany: (GDP: 4.00 trillion). United Kingdom: (GDP: 2.83 trillion). France: (GDP: ...
The list of countries by GDP showed on this page is based on the latest data from the World Economic Outlook by the International Monetary Fund. 192 countries from around the world are ranked by GDP measured in US dollars and PPPs from 1980 to 2019. Gross Domestic Product, or GDP, measures the economy size of a country.
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 will consolidate its position at 5th place surpassing United Kingdom and France in 2019 as lead of India would become $200 mn and growth rate are much higher than these two.