What Is The Largest Economies In The World?

1. United States: USD 29.3 trillion in 2026. FocusEconomics panelists see the U.S. retaining its title as the world’s largest economy over the next few years, forecasting nominal GDP of USD 29.3 trillion in 2026.

What are the 10 largest economic in the world?

Here is the latest list of top 10 economies of the world:

  1. United States. The real GDP of the US is estimated to be $20.94 trillion.
  2. China. The Chinese economy has witnessed astonishing growth over the last few decades.
  3. Japan.
  4. Germany.
  5. United Kingdom.
  6. India.
  7. France.
  8. Italy.

What are the 5 largest economies in the world?

% Share of the Global Economy

  • United States of. America. 23.93%
  • China. 18.45%
  • Japan. 5.14%
  • Germany. 4.39%
  • United Kingdom. 3.32%
  • Countries. 6–10. 12.49%
  • Countries 11–15. 7.96%
  • Countries 16–25. 7.88%

What is the world’s largest economy?

the USA
With a GDP of 23.0 trillion USD, the USA is by far the world’s largest economy in this ranking for 2021. It is followed by China in second place with a GDP of 17.7 trillion USD. Canada is also quite far ahead in the international comparison and occupies the ninth place in this ranking.

Who has the largest economy in the world 2022?

With a GDP of 22.3 trillion USD, the United States is by far the world’s largest economy in this ranking for 2022. It is followed by China in 2nd place with a GDP of still 19.9 trillion USD.

Which country is No 1 rich country?

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 countries work in the duchy: France, Germany and Belgium.

Which country has the richest economy?

Luxembourg is a small, landlocked country located in western Europe and bordered by Belgium, France, and Germany. With a population of 642,371, Luxembourg is the only Grand Duchy in the world. Its GDP per capita of $140,694 makes it the world’s richest.

Who are the 7 world powers?

Measured by the destructive capabilities of its nuclear weapons, for example, Russia is as much of a superpower as was the old Soviet Union.

  • USA.
  • Germany.
  • China.
  • Japan.
  • Russia.
  • India.
  • Saudi Arabia.

Where does Russia’s economy rank?

As of 2022, it is the fourth-largest economy in Europe, the world’s ninth-largest economy by nominal GDP, and the sixth-largest by PPP.
Economy of Russia.

Statistics
Population 146,749,000 (2020)
GDP $2.133 trillion (nominal, 2022 est.) $4.650 trillion (PPP, 2022 est.)
GDP rank 9th (nominal, 2022) 6th (PPP, 2022)

What are the top 10 fastest growing economies in the world?

15 Fastest Growing Economies in the World in 2022

  • Panama. Real GDP growth in 2022 According to IMF: 7.5%
  • Saudi Arabia. Real GDP growth in 2022 According to IMF: 7.6%
  • Colombia. Real GDP growth in 2022 According to IMF: 7.6%
  • The Bahamas. Real GDP growth in 2022 According to IMF: 8%
  • Maldives.
  • Kuwait.
  • Ireland.
  • Georgia.

Who is the most powerful country in the world?

The United States of America
The United States of America. According to the 2020 study, the United States is the world’s most powerful country (published in 2021). The United States has the largest economy in the world, with a GDP of $20.93 trillion in 2020, and the highest military spending, with $778 billion in 2020.

Who controls the global economy?

Many people think that the global economy is controlled by governments of the largest economies in the world, but this a common misconception. Although governments do hold power over countries’ economies, it is the big banks and large corporations that control and essentially fund these governments.

Which is the fastest-growing economy in world?

Saudi Arabia will be the world’s fastest-growing major economy in 2022, outperforming the dynamic Asian giants of China, India, Indonesia and South Korea, as well as the struggling G7 and other major emerging economies.

What is the richest country on Earth 2022?

The European country of Luxembourg has been classified and defined as the wealthiest country in the world. These findings are based on the gross domestic product per capita values of the countries.

What country will be the richest by 2030?

1st: China
By 2030 China is likely to have cemented its position as the world’s largest economy. If the experts at Standard Chartered are on the money, it’s set to extend its lead significantly over the USA with a bumper GDP (PPP) of $64.2 trillion (£52.1tn), putting America’s economy firmly in the shade.

What is the strongest country in 2030?

GDP forecast 2030

  • 1 90.1 China. $ 42.740 Tn 2030.
  • 2 59.3 United States. $ 28.146 Tn 2030.
  • 3 37.9 India. $ 18.016 Tn 2030.
  • 4 +1 13.1 Japan. $ 6.243 Tn 2030.
  • 5 −1 11.7 Indonesia. $ 5.591 Tn 2030.
  • 6 11.0 Russia. $ 5.265 Tn 2030.
  • 7 6.4 South Korea. $ 3.064 Tn 2030.
  • 8 4.2 Vietnam. $ 2.009 Tn 2030.

Which country is No 1 poorest country?

The Poorest Countries in the World

  • Somalia: GDP per capita of USD 303 in 2026.
  • South Sudan: GDP per capita of USD 441 in 2026.
  • Sierra Leone: GDP per capita of USD 532 in 2026.
  • Malawi: GDP per capita of USD 606 in 2026.
  • Central African Republic: GDP per capita of USD 624 in 2026.

Which country has the most billionaires?

US
Billionaires by Country

Rank Country Number of Billionaires
#1 US 975
#2 China 400
#3 Germany 176
#4 India 124

What is the richest city in the world?

New York City
The study measured the most millionaires per city worldwide, and it turns out that New York City tops the list at number one. According to Henley & Partners, NYC is home to 345,600 millionaires, including 737 centi-millionaires (with wealth of USD 100 million or more) and 59 billionaires.

Why is Dubai so rich?

Free trade, a low tax rate, and zero income tax have made Dubai a popular business hub and a wealthy state. Dubai is also the gateway to the East and boasts of the world’s highest international passenger flow. It is a world-renowned destination for all travelers, including the rich and famous.

Who will be the next superpower?

Similarly, the former Japanese ambassador to India, Hirabayashi (2021: 1), claims the country will soon become the fourth global superpower, after the United States, Russia, and China. Hirabayashi attributes this development to the ever-expanding Indian population, which is expected to surpass that of China by 2025 (p.