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Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [1] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
Country/territoryImf [10][13](forecast)Imf [10][13](year)World Bank [14](estimate)World109,529,2162024105,435,54028,781,083202427,360,93521,486,613[n 2] 202419,753,2924,591,10020244,456,081People also ask
Which country has the largest GDP in the world?
Which are the top 5 GDP countries in the world?
Which country has the largest economy in the world?
Which countries are based on Gross Domestic Product (GDP)?
With a GDP of 27.36 trillion dollars, the USA is by far the world's largest economy in this ranking for 2023. It is followed by China in second place with a GDP of 17.79 trillion dollars. Canada is also quite far ahead in the international comparison and occupies the tenth place in this ranking.
Feb 22, 2024 · America’s gross domestic product in 2022 was more than 40% greater than that of China, the world No. 2. Even more striking, U.S. GDP was over five times that of the next two largest economies...
- Measuring GDP
- United States
- China
- Germany
- Japan
- India
- The United Kingdom
- France
- Brazil
- Italy
There are several popular ways to measure GDP: 1. Nominal GDP in Current U.S. Dollars: This is the most basic and common way of measuring and comparing GDP among countries, using local prices and currencies converted into U.S. dollars by using currency market exchange rates. This is the number that was used to determine the countries’ rankings in t...
Nominal GDP in Current U.S. Dollars: $28.78 trillionPPP Adjusted GDP in Current International Dollars: $28.78 trillionGDP Growth: 2.7%Nominal GDP Per Capita in Current U.S. Dollars:$85,370Nominal GDP in Current U.S. Dollars:$18.53 trillionPPP Adjusted GDP in Current International Dollars:$35.29 trillionGDP Growth:4.6%Nominal GDP Per Capita in Current U.S. Dollars: $13,140Nominal GDP in Current U.S. Dollars:$4.59 trillionPPP Adjusted GDP in Current International Dollars: $5.69 trillionGDP Growth:0.2%Nominal GDP Per Capita in Current U.S. Dollars: $54,290Nominal GDP in Current U.S. Dollars: $4.11 trillionPPP Adjusted GDP in Current International Dollars:$6.72 trillionGDP Growth:0.9%Nominal GDP Per Capita in Current U.S. Dollars:$33,140Nominal GDP in Current U.S. Dollars:$3.94 trillionPPP Adjusted GDP in Current International Dollars:$14.59 trillionGDP Growth:6.8%Nominal GDP Per Capita in Current U.S. Dollars:$2,730Nominal GDP in Current U.S. Dollars:$3.5 trillionPPP Adjusted GDP in Current International Dollars:$4.03 trillionGDP Growth: 0.5%Nominal GDP Per Capita in Current U.S. Dollars:$51,070Nominal GDP in Current U.S. Dollars: $3.13 trillionPPP Adjusted GDP in Current International Dollars: $3.99 trillionGDP Growth:0.7%Nominal GDP Per Capita in Current U.S. Dollars:$47,360Nominal GDP in Current U.S. Dollars:$2.33 trillionPPP Adjusted GDP in Current International Dollars:$4.27 trillionGDP Growth:2.2%Nominal GDP Per Capita in Current U.S. Dollars:$11,350Nominal GDP in Current U.S. Dollars: $2.33 trillionPPP Adjusted GDP in Current International Dollars: $3.35 trillionGDP Growth:0.7%Nominal GDP Per Capita in Current U.S. Dollars: $39,580Sep 11, 2024 · The United States upholds its status as the major global economy and richest country, with a GDP of over $28.78 trillion as of 2024, steadfastly preserving its pinnacle position from 1960 to 2024.
Jul 4, 2024 · Jul 4, 2024. In 2024, the United States had the largest economy in the world, with a gross domestic product of just under 29 trillion U.S. dollars. China had the second largest economy, at...
Economic Growth. Manufacturing. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.
