The official estimate for Turkiye's GDP published by the World Bank was $2.951 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 adjustments ...
The top two together account for over two-fifths (43%) of the world’s $115 trillion GDP. However, there have been changes in the top five recently. Germany ($4.9 trillion) overtook Japan ($4.4 trillion) in 2024 as the third-largest economy. Meanwhile India ($4.3 trillion) passed the...
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 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...
According to the IMF, the world economy, comprising 194 economies, in2024is projected to be around $110.06 trillion in nominal terms. This figure is almost $4.38 trillion more than compared to $105.69 trillion in2023. Global GDP in terms of PPP is forecast to be around Int. $194.57 trillio...
BEIJING, Oct. 18 (Xinhua) -- China will support an open world economy, with its total trade in goods and services expected to exceed 32 trillion U.S. dollars and 5 trillion U.S. dollars respectively in the 2024-2028 period, Chinese President Xi Jinping said Wednesday. ...
in 2021. It has consolidated this position and is forecast to overtake Germany to become the world’s 4th largest economy in 2026 and to overtake Japan to become the world’s 3rd largest economy in 2032. By 2035, India is forecast to become the world’s third $10 trillion dollar economy...
$7.9 trillion, and the gap is increasing. China will remain the world's largest economy on a PPP basis over the next few decades, as the second-ranked US is growing slowly and third-ranked India is way behind. Germany overtook Japan in 2023 to claim the third spot and is now ahead ...
with it projected to cost the world economy $2.8 trillion in lost output by the end of 2023. Such economic downturns cannot be resolved through unilateral decision-making or sabotaging peace talks through double standards. There remains, however, a clear absence of impartiality on viewing the Ukra...