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Jan 5, 2024 · Among the top ten largest economies, gdp of five economies has increased where as five has declined. Top Losers in 2022: Out of 195 economies estimated by IMF, the GDP of 52 economies has decreased in 2022 compared to 2021. These 52 economies account for almost 26.65% of the world economy.
The International Monetary Fund estimates that the 2022 GDP in Ukraine, which was mired in conflict with invading Russia for 10+ months of the year, actually shrank by 35% instead of growing. Which country has the largest GDP in the world? The country with the largest GDP in the world is the United States. Many positive traits enable the US to ...
Jul 18, 2018 · The US has the largest economy in the world. The United States has the largest economy in the world with a nominal GDP of $20.4 trillion according to the International Money Fund. This number represents about a quarter of the global economy. China takes up the second spot with a nominal GDP of 14 trillion USD. Japan is the third largest economy ...
World Bank Open Data | Data
Sep 21, 2023 · As the most important and fastest growing component of GDP, services make up almost 60% of GDP in the world’s 50 largest countries. Following this is the industrial sector which includes the production of raw goods. Below, we show how each sector contributes to GDP by country as of 2021: Industrial sector includes construction.
Sep 22, 2023 · For instance, Nigeria has Africa’s highest GDP, but also counts the largest population, so wealth has to be divided into its big population. The GDP per capita also indicates how a country’s ...
The GDP per capita varies drastically from one country to the next. The GDP of a country is dependent upon the country’s economic standing and overall profits compared to expenses. Although it is expressed as a dollar amount per resident, GDP per capita is not a measure of the average or median personal income of a given country's people ...
