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  1. GDP is the basic measurement of a country's total production of goods and services. The East Asian country of ______ has the fourth largest GDP in the world. Japan

  2. Depending on which measure of GDP is used, the Chinese economy is the largest or second largest economy in the world as of 2019.

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  4. MacEcon Ch 19 Self-Check and Review Questions. Using the data in Table 19.3, rank the seven regions of the world according to GDP and then according to GDP per capita. East Asia appears to be the largest economy on GDP basis, but on a per capita basis it drops to third, after Europe and Central Asia and Sub-Saharan Africa.

  5. 2024 GDP (nominal) in billions — Asia: 42.72 trillion: 1 China: 18.53 trillion: 2 Japan: 4.11 trillion: 3 India: 3.93 trillion: 4 South Korea: 1.76 trillion 5 Indonesia: 1.47 trillion 6 Turkey: 1.11 trillion 7 Saudi Arabia: 1.11 trillion 8 Taiwan: 803.0 billion 9 Thailand: 548.9 billion 10 Israel: 530.6 billion 11 United Arab Emirates

  6. GDP (million US$) by country Country/Territory UN region IMF World Bank United Nations; Forecast Year Estimate Year Estimate Year World — 109,529,216 2024: 100,562,011: 2022: 96,698,005: 2021 United States: Americas: 28,781,083: 2024: 25,462,700: 2022: 23,315,081: 2021 China: Asia: 18,532,633: 2024: 17,963,171: 2022: 17,734,131: 2021 Germany ...

  7. Apr 21, 2018 · The world by income. The World Bank classifies economies for analytical purposes into four income groups: low, lower-middle, upper-middle, and high income. For this purpose it uses gross national income (GNI) per capita data in U.S. dollars, converted from local currency using the World Bank Atlas method, which is applied to smooth exchange ...

  8. The high-income nations of the world—including the United States, Canada, Western European countries, and Japan—typically have GDP per capita in the range of $20,000 to $50,000. Middle-income countries—including much of Latin America, Eastern Europe, and some countries in East Asia—have GDP per capita in the range of $6,000 to $12,000.

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