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Asia
- Asia is the largest continental economy by both GDP Nominal and PPP in the world.
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Continent GDP (US$billion) Share (%) Countries collectively constituting at least 50.0% of the continent's GDP (nominal) World: 104,476: 100.0: 1: Asia: 38,435: 36.8 China (46.1%) Japan (11.0%) India (10.0%) 2: North America: 31,603: 30.2 United States (85.3%) 3: Europe: 25,440: 24.4 Germany (17.4%) United Kingdom (13.1%) France (12.0%) Italy ...
Apr 20, 2024 · In nominal data, South America is at 4th position while in ppp data, Africa is at 4th position. Oceania is the smallest continental economy in the world. Northern America ($31 tn) has the highest economy among subregions, followed by Eastern Asia ($25.69 tn) and Western Europe ($11.1 tn).
- Comparing GDP Per Capita of Different Continents
- North America: Continent with The Highest GDP Per Capita
- Africa: Continent with The Lowest GDP Per Capita
GDP per capita of a country is obtained by dividing the GDP by the size of the population. To obtain a fair GDP per capita of a continent, one must use Purchasing Power Parity (PPP) GDP which brings about parity or equality among countries of a continent by considering a set of similar goods. The PPP values a country’s currency by the amount of goo...
North America has a multifaceted economic system and the largest GDP per capita according to the International Monetary Fund 2016 report. The US, Canada, and Mexico have some of the largest economies in the world promoted by the large gross domestic product. The continent had a cumulative GDP of about $20 trillion against a population of 360 millio...
Africa is the poorest continent according to GDP per capita. Most of the top ten poorest countries are in Africa with the majority having a per capita GDP of less than $1,500. Africa has an average GDP per capita of 1,809, the lowest of the six continents. Unlike developed economies, poor African countries do not have large markets for their produc...
- John Misachi
North America has the highest continental gdp per capita by both GDP Nominal and PPP in the world. With $53,478 in nominal terms, the per capita gdp of North America is 403% of the world GDP per capita. North America is followed by Oceania ($42,439).
Feb 21, 2024 · Biggest Economies. by. Katharina Buchholz , Feb 21, 2024. Once considered an absolute economic powerhouse, Japan is now the world's fourth-largest economy after the United States, China and...
Feb 15, 2024 · Katharina Buchholz. Japan posted quite disappointing GDP figures for 2023 today, causing it not only to slip into recession but to slip down one rank among the world's biggest economies.
Apr 18, 2024 · Countries with the largest gross domestic product (GDP) 2022. Economy. Countries with the largest gross domestic product (GDP) per capita 2022. Countries with the lowest estimated GDP per...
