As of 2024, 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 2024 (4.82%) is higher than the US's 2.77%. 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 43.81%. Five economies will experience negative growth rates in 2024. Kuwait has the lowest growth rate of -2.72%, followed by Estonia (-0.88%). GDP per capita ranking has been occupied by ...
The global economy is projected to grow by 3.23% in 2024, marginally lower than 3.33% in 2023. During three years, the world economy grew by over 6%, with the highest GDP growth rate of 6.56 percent in 1964. The lowest growth was in 2020 as GDP contracted by 2.93%. 2009 was another...
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...
However, if you are looking for the GDP per capita of China or the US, this list may surprise you, as the countries that emerge on top are some of the smallest on the map. Related stories Top 10 poorest countries in the world by GDP per capita [2024] World's most powerful ...
Throughout this list and article, the term GDP refers to nominal GDP in current U.S. dollars as of the first quarter of 2024, unless otherwise specified. Top 10 Countries by Nominal GDP as of Q1 2024 CountryNominal GDP (in trillions)PPP Adjusted GDP (in trillions)Annual Growth (%)GDP ...
Throughout this list and article, the term GDP refers to nominal GDP in current U.S. dollars as of the first quarter of 2024, unless otherwise specified. Top 10 Countries by Nominal GDP as of Q1 2024 CountryNominal GDP (in trillions)PPP Adjusted GDP (in trillions)Annual Growth (%)GDP ...
50 richest countries in the world by GDP per capita Share: List of countries by GDP: overview Every year, the IMF and the World Bank calculate the gross domestic product, or GDP, of all countries in the world. Based on this indicator, a rating of the richest countries is formed. The ...
United States GDP is estimated to be $26.149 trillion dollars by World Economics for 2023 - 7% larger than official estimates. 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. ...
CountryGlobal GDP (% Share, 2023)World Economics Data Quality Grade (A-E) China19.0%C United States12.7%A India9.9%C Russia3.9%C Japan3.1%A Germany2.8%A Indonesia2.7%C Brazil2.6%B France2.1%A United Kingdom2.0%A Mexico1.9%C Türkiye1.9%B ...