What 3 Countries Have The Highest GDP?

by | Last updated on January 24, 2024

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# Country GDP (abbrev.) 1 United States $19.485 trillion 2 China $12.238 trillion 3 Japan $4.872 trillion 4 Germany $3.693 trillion

Which country has highest GDP 2020?

  1. United States. GDP – Nominal: $20.81 trillion. ...
  2. China. GDP – Nominal: $14.86 trillion. ...
  3. Japan. GDP – Nominal: $4.91 trillion. ...
  4. Germany. GDP – Nominal: $3.78 trillion. ...
  5. United Kingdom. GDP – Nominal: $2.64 trillion. ...
  6. India. GDP – Nominal: $2.59 trillion. ...
  7. France. GDP – Nominal: $2.55 trillion. ...
  8. Italy. GDP – Nominal: $1.85 trillion.

What 3 countries have the highest GDP in Europe?

Rank Country GDP (Millions of US$) 1 Germany 3,930,000 2 France 2,716,000 3 Italy 2,050,000 4 Russia 1,520,000

What countries have the highest real GDP?

Luxembourg is the top country by real GDP per capita in the world. As of 2020, real GDP per capita in Luxembourg was 107,563 US dollars. The top 5 countries also includes Norway, Ireland, Switzerland, and Denmark.

What 3 countries have the lowest GDP?

In 2020, Burundi reported the lowest per-capita GDP ever, closely-followed by South Sudan and Somalia. All three countries struggle economically, because of poorly developed infrastructure and a low standard of living.

What country is #1 in economy?

# Country Share of World GDP 1 United States 24.08% 2 China 15.12% 3 Japan 6.02% 4 Germany 4.56%

Which country is richest in the world?

  • Luxembourg. The European country of Luxembourg has been classified and defined as the wealthiest country in the world. ...
  • Singapore. ...
  • Ireland. ...
  • Qatar. ...
  • Switzerland.

Is China richer than USA?

Country (or region) Total wealth (USD bn) Share Europe 103,213 24.7% Asia-Pacific 75,227 18.0% China 74,884 17.9%

Is Canada richer than Australia?

Canada with a GDP of $1.7T ranked the 10th largest economy in the world, while Australia ranked 13th with $1.4T. By GDP 5-years average growth and GDP per capita, Canada and Australia ranked 133rd vs 111th and 21st vs 13th, respectively.

Which country is developing the fastest?

  1. Libya. 2020: (59.72%) 2021: 130.98% 2022: 5.44% 2023: 4.87% ...
  2. Macao SAR. 2020: (56.31%) 2021: 61.22% 2022: 43.04% 2023: 4.75% ...
  3. Maldives. 2020: (32.24%) 2021: 18.87% 2022: 13.38% 2023: 12.63% ...
  4. Guyana. 2020: 43.38% 2021: 16.39% 2022: 46.49% ...
  5. India. 2020: (7.97%) 2021: 12.55% 2022: 6.93%

What is the poorest EU country?

Moldova officially called the Republic of Moldova is the poorest country in Europe with its GDP per capita of just $3,300. Moldova shares its border with Romania and Ukraine. The name Moldova has been derived from the river Moldova.

Is Germany richer than France?

Well below France comes the United States where the median wealth for adults is $65,900 and Germany ($35 313). ... Credit Suisse estimates that one percent of the richest Germans own 30 percent of the country’s total wealth , compared to France and Italy where the richest one percent own 22 percent of the country’s wealth.

Why is Germany so rich?

1. The important role of industry. In Germany the share of industry in gross value added is 22.9 per cent , making it the highest among the G7 countries. The strongest sectors are vehicle construction, electrical industry, engineering and chemical industry.

Which country is best overall?

  • Canada. #1 in Best Countries Overall. ...
  • Japan. #2 in Best Countries Overall. ...
  • Germany. #3 in Best Countries Overall. ...
  • Switzerland. #4 in Best Countries Overall. ...
  • Australia. #5 in Best Countries Overall. ...
  • United States. #6 in Best Countries Overall. ...
  • New Zealand. #7 in Best Countries Overall. ...
  • United Kingdom. #8 in Best Countries Overall.

Which country has the best economic future?

  • South Korea. #1 in Forward Thinking Rankings. ...
  • Singapore. #2 in Forward Thinking Rankings. ...
  • United States. #3 in Forward Thinking Rankings. ...
  • Japan. #4 in Forward Thinking Rankings. ...
  • Germany. #5 in Forward Thinking Rankings. ...
  • China. #6 in Forward Thinking Rankings. ...
  • United Kingdom. #7 in Forward Thinking Rankings. ...
  • Switzerland.

What is the most powerful country in the world?

#1: USA: The United States has held the position of the world’s most-powerful country since at least the early 20th century.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.