» Countries by Projected GDP » World GDP Ranking » Projected GDP per capita Ranking » Countries by Projected GDP per capita » Countries by Projected GDP Growth View More Economy StatisticsAs of 2025, the United States and China will occupy the first two places in both methods' GDP...
These are the highest GDP Ranking countries in the world by 2025. GDP : Gross domestic product popularly known as GDP, is an estimate of the total value of goods and services produced in a country during a specified period, it is currently calculated yearly to understand the growth metrics ...
Luxembourg: $142.49 of world GDP ranking Luxembourg is the world’s richest country and the world’s largest banking centre. More than 200 banks and 1,000 investment funds operate in the capital. The high performance of Luxembourg is partly due to the fact that citizens of neighbouring co...
GDP (current US$) - Country Ranking Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for ...
Using current exchange rates for country comparisons by GDP is not correct because exchange rates are often significantly overestimated or underestimated compared to their "correct levels". Correct exchange rate, in turn, should equalize the price levels in two countries. To make it clear, let's ...
GDP, short for “Gross Domestic Product,” represents the total monetary value of all goods and services produced within a country during a specific year. A higher GDP indicates the nation’s economy is strong and growing steadily. According to theWorld GDP Ranking 2023, India is the fifth-lar...
Regarding PPP per capita, Luxembourg is ahead of 2nd-ranked occupier Singapore by a low margin of Int. $1,306. In the nominal ranking, there would be two changes in the top 10 list as Singapore and Iceland overtake Norway and the United States, respectively. Among the top 50, Hungary's...
Mexico0.51.7Dec/24% Germany-0.2-0.3Dec/24% Related Qatar Economy Expands 6.1% in Q4 Georgia Q4 GDP Growth Slows to 8.3% YoY New Zealand Annual GDP Contraction Softens in Q4 Argentina's Economy Rebounds with 2% Growth in Q4 Rwanda GDP Grows 8% in Q4, 8.9% in 2024 ...
The giants do not make the ranking Most of Africa’s largest economies do not appear in the leading ten African countries for GDP per capita. The GDP per capita is calculated by dividing a country’s GDP by its population. Therefore, a populated country with a low total GDP will have a...
Fluctuations in the country's currency exchange rates may change a country's ranking from one year to the next, even though they often make little or no difference to the standard of living of its population. PPP basis is arguably more useful when comparing differences in living standards ...