Top 10 Largest Countries by GDP (2019)
- United States $21.43T 24.42%
- China $14.34T 16.34%
- Japan $5.08T 5.79%
- Germany $3.85T 4.38%
- India $2.88T 3.28%
- United Kingdom $2.83T 3.22%
- France $2.72T 3.09%
- Italy $2T 2.28%
- Brazil $1.84T 2.1%
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- United States. 2019 Nominal GDP in Current U.S. Dollars: $21.43 trillion 2019 PPP Adjusted GDP in Current International Dollars: $21.43 trillion 2019 GDP Growth: 2.2%
- China. 2019 Nominal GDP in Current U.S. Dollars: $14.34 trillion 2019 PPP Adjusted GDP in Current International Dollars: $23.52 trillion 2019 GDP Growth: 6.1%
- Japan. 2019 Nominal GDP in Current U.S. Dollars: $5.08 trillion 2019 PPP Adjusted GDP in Current International Dollars: $5.49 trillion 2019 GDP Growth: 0.7%
- Germany. 2019 Nominal GDP in Current U.S. Dollars: $3.86 trillion 2019 PPP Adjusted GDP in Current International Dollars: $4.68 trillion 2019 GDP Growth: 0.6%
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
Only 16 economies had a GDP higher than $1 trillion, with the US by far the biggest economy at more than $21 trillion – making up just under a quarter of the global total of almost $88 trillion. China was the second largest at more than $14 trillion and Japan was in third place with just over $5 trillion.
The world economy consists of 193 economies, with the United States being the largest. As per World Bank estimates, the nominal world GDP in 2017 was $80,683.79 billion. In 2018, the nominal world GDP was $84,835.46 billion in 2018, and it’s projected to be $88,081.13 billion in 2019. In 2018, the growth rate for the world GDP was 3.6%.
Jan 22, 2020 · The United States, the world’s largest economy with a nominal GDP of $21.44 trillion, constitutes one-fourth of the world economy. The U.S. economy is primarily a service- oriented economy with a...
- Prableen Bajpai
Sep 10, 2020 · The U.S. remains by far the largest economy in the world with a GDP of $21.43T or 24.42% of the entire globe. China’s economy grew from 2018 to 2019 to $14.34, but the country is still nowhere close to catching up to the U.S.
The IMF has anticipated that in 2020 the country's economy—unlike much of the world, which will be in recession—will grow by an astounding 51% from just 4.6% in 2019. How is that possible? Last December, following one of the largest offshore crude discoveries in decades, Guyana officially became an oil-producer.Country201120122013Guyana5.4375.0395.018Ethiopia188.8.131.52Nauru10.77810.36730.969Turkmenistan14.7211.05110.163
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