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...
As of 2025, the United States and China will occupy the first two places in both methods' GDP rankings. The US and China's margins are coming down in nominal rankings as China's GDP growth rate in 2025 (4.48%) is higher than the US's 2.15%. On a nominal basis, the US will be ...
Among the top 50 economies with the highest GDP per capita, Guyana has the highest growth rate of 14.44%. Puerto Rico will experience negative growth rates in 2025. Italy and Germany have growth rates below 1%. GDP per capita ranking has been occupied by smaller economies, as among the top...
Our estimate is that, if China attacks Taiwan, there is a good chance that the scale of resultant international sanctions would impair the economy to the extent that the country never manages to overtake the US. Fifteen percent of China’s GDP is exports to countries which would be likely to...
The official estimate for United States's GDP published by the World Bank was $24.393 trillion at the end of 2023 inpuchasing power partityterms. World Economics has developed a database presenting GDP inPurchasing Power Parityterms with added estimates for the size of theinformal economyand adju...
Source International Monetary Fund World Economic Outlook (October - 2023) World Bank : Nominal (current), PPP (current) Date 15 Mar 2024Top Statistics IPL 2024 List of continents by gdp per capita Top 10 largest economies by GDP See Also: » Countries by GDP Growth » World ...
The world GDP per capita continues to grow every year, and is projected to be$13,920for 2023 Luxembourgis the richest country with a GDP per capita of$128,820 Mapped: Which Are the World’s Richest Countries? Measuring GDP per capita is a common measure of the economic wealth on a per...
The country's GDP reached a record of 126.06 trillion RMB (about 17.71 trillion USD) in 2023, the NBS data showed. Despite external pressure and internal difficulties, China has successfully achieved the major targets set for 2023 and recorded a rebound and improvements in the economy, Kang Yi...
The U.S., China, Germany, Japan, and India are some of the top economies in the world based on gross domestic product (GDP). Gross domestic product is an estimate of the total value of finished goods and services produced within a country’s borders during a specified period, usually a...
The U.S., China, Germany, Japan, and India are some of the top economies in the world based on gross domestic product (GDP). Gross domestic product is an estimate of the total value of finished goods and services produced within a country’s borders during a specified period, usually a...