Who is the world’s largest economy?

1. United States: USD 25.3 trillion in 2024. FocusEconomics panelists see the U.S. retaining its title as the world’s largest economy, with a forecast for nominal GDP of USD 25.3 trillion in 2024.

What is the world’s largest economy 2020?

Top 10 Biggest Economies in 2020

Country GDP (PPP)
1. China $24.16T
2. United States $20.81T
3. India $8.68T
4. Japan $5.24T

What country is #1 in economy?

Rank Country Peak year
1 United States 2021
European Union 2008
2 China 2021
3 Japan 2012

Who is the richest country in the world?

United States is the richest country in the world, and it has the biggest wealth gap. The United States led the world in growth of financial assets last year thanks to tax cuts and booming stock markets, but its distribution of wealth was more unequal than in any other country, according to a study published Wednesday.

Which country has highest GDP 2020?

Click on any of the links to gain more in-depth reviews of these top countries.

  1. United States. GDP – Nominal: $20.81 trillion. …
  2. China. GDP – Nominal: $14.86 trillion. …
  3. Japan. GDP – Nominal: $4.91 trillion. …
  4. Germany. GDP – Nominal: $3.78 trillion. …
  5. United Kingdom. GDP – Nominal: $2.64 trillion. …
  6. India. …
  7. France. …
  8. Italy.
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Is China richer than USA?

National wealth can fluctuate, as evidenced in the United States data following the 2008 financial crisis and subsequent economic recovery.

List of countries and geographic regions by total wealth (2019)

Rank 2
Country/geographic region China
Total wealth (billions USD) 63,827
Share of total 17.7%

What are the top 50 richest countries?

Top 50 richest countries in the world

Rank Country GDP(PPP) per capita 2018 (Intl $)
1 Liechtenstein 139,100
2 Qatar 128,703
3 Monaco 115,700
4 Luxembourg 110,870

What is the best country to live in?

  1. Norway. The United Nations listed Norway as the best country to live in primarily because all of the factors the researchers took into consideration were good marks on behalf of Norway. …
  2. Switzerland. The health of people who live in Switzerland is outrageously impressive. …
  3. Australia. …
  4. Ireland. …
  5. Germany. …
  6. Iceland. …
  7. Sweden. …
  8. Hong Kong.

Who has the best economy?

The Top 25 Economies in the World

  • United States.
  • China.
  • Japan.
  • Germany.
  • India.
  • United Kingdom.
  • France.
  • Italy.

What is the richest country in Africa?

1 | NIGERIA – THE RICHEST COUNTRY IN AFRICA (GDP: $446.543 Billion) GDP: $446.543 Billion (nominal, 2019 est.)

Which country has no debt?

Saudi Arabia has maintained one of the lowest debt-to-GDP ratios due to its high export rates, which primarily consist of petroleum and petroleum goods.

Which is the poorest country in the world?

Central Intelligence Agency (1993–2017)

Rank Country/Territory Int$
141 Cambodia 4,930
142 Myanmar 4,831
143 Tuvalu 4,674
144 Nepal 4,199

Why is Britain so rich?

Its quality of life is generally considered high, and the economy is quite diversified. The sectors that contribute most to the U.K.’s GDP are services, manufacturing, construction, and tourism.

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Which country is developing the fastest?

The Five Fastest Growing Economies In The World

  • Guyana. With a projected 26.21% growth in 2020, Guyana is the fastest growing economy in the world. …
  • South Sudan. South Sudan is a young country that gained independence in 2011. …
  • Bangladesh. Bangladesh has emerged as a strong economic growth story. …
  • Egypt. …
  • Rounding Out The Top Ten.

16 окт. 2020 г.

Which country has lowest GDP?

In 2020, Burundi reported the lowest per-capita GDP ever, closely-followed by South Sudan and Malawi.

The 20 countries with the lowest gross domestic product (GDP) per capita in 2020 (in U.S. dollars)

GDP per capita in U.S. dollars
Burundi 263.67
South Sudan 303.15

What is the fastest growing country in Asia?

Here’s our research and analysis of the fastest-growing Asian countries heading into the 2020s.

Asian Countries Ranked by Average Forecasted Real GDP Growth (%), 2020–2024.

Country Bangladesh
2021 7.3
2022 7.3
2023 7.3
2024 7.3
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