The Chinese economy, one of the fastest growing economies of the 21st century, now ranked as the second largest economy in the world, is currently valued at a GDP of $14.72 trillion. With China’s Belt and Road Initiative effectively merging its foreign and economic policy, promotion of usin...
According to a study by the International Monetary Fund on the richest countries, China’s GDP for 2022 was $19.24 trillion. However, due to the size of China’s population, this figure gives a GDP per capita output of just $13,626. A more accurate way to determine the richest nations ...
In 2024, gold prices have surged almost 20%, driven by significant central bank purchases, robust consumer demand in China, and increased interest in safe-haven assets due to geopolitical uncertainties. In this graphic, we show the top 10 countries by total gold reserves (tonnes) as of May ...
Cities are heavy hitters in the global economy. Where will the top 10 cities be in 2035—based on GDP, population, and annual growth?
, the United States is the second largest country in the world, with the second largest reserves of natural resources. The rating compilers collected data on explored reserves and calculated their market price. The total value of US natural resources exceeds $45 trillion. Top 5 richest countries...
Guangdong, the province with the largest economy, is aiming for growth of around 5 percent, which is consistent with the target set last year. The southern province’s GDP is expected to rank first in the country for the 36th consecutive year in 2024, topping 14 trillion yuan, according to...
Perhaps most notably, the total wealth held by the city’s residents exceeds USD 3 trillion — higher than that held in most major G20 countries. The Bay Area tech hub is home to 305,700 HNWIs Quickly catching up to New York City is Northern California’s Bay Area,...
These are high inflation, and fears that the economy may go into recession. Both of these depress the currency, despite the fact that Indonesia is one of the largest countries in Southeast Asia by GDP.Read more about money and banks in Indonesia.Explore live IDR exchange rates....
Overall, countries have continued that growth while global GDP rose to $109.53 trillion in the first quarter of 2024.3 Measuring GDP There are several popular ways to measure GDP: Nominal GDP in Current U.S. Dollars: This is the most basic and common way of measuring and comparing GDP...
Top Countries by GDP in Current U.S. Dollars Country 2023 GDP (Current USD) United States $27.36 trillion China $17.79 trillion Germany $4.46 trillion Japan $4.21 trillion India $3.55 trillion Source: The World Bank While some metrics have the potential to be more accurate than others, none...