Quick Answer: Who Has The Best GDP In The World?

Who are the top 10 countries for GDP?

As of 2018, the top 10 countries by GDP are:United States: $20.4 trillion.China: $14.0 trillion.Japan: $5.1 trillion.Germany: $4.2 trillion.United Kingdom: $2.9 trillion.France: $2.9 trillion.India: $2.8 trillion.Italy: $2.1 trillion.More items….

What are the 3 poorest countries?

GDP Per Capita 2019-20232019 RankCountry2023 Rank1DRC12Mozambique23Uganda34Tajikistan642 more rows

Is China richer than USA?

Per capita income of United States is 6.38 and 3.32 times greater than of China in nominal and PPP terms, respectively. US is the 8th richest country of the world whereas China comes at 72th rank.

Which country is the most capitalist?

Hong KongCapitalist Countries 2020RankCountryEconomic Freedom Score1Hong Kong8.942Singapore8.653New Zealand8.534Switzerland8.43105 more rows

Is China a rich country?

Today, China is an upper-middle-income country and the world’s second largest economy. But its per capita income is still only about a quarter of that of high-income countries, and about 373 million Chinese are living below the upper-middle-income poverty line of US$5.50 a day.

How much of the US does China own?

Foreign investors hold roughly 40% of the US’ debtCountry 🌎Debt held 💵1🇯🇵Japan$1.3 trillion2🇨🇳China (mainland)$1.1 trillion3🇬🇧UK$425 billion4🇮🇪Ireland$331 billion6 more rows•Sep 24, 2020

Which country has highest GDP in 2020?

10 countries with the highest GDP in 2020: US is No 1, find out where India ranksNo 4: Germany | GDP: $4.00 trillion (Image: Reuters)No 3: Japan | GDP: $4.97 trillion (Image: Reuters)No 2: China | GDP: $13.4 trillion (Image: Reuters)No 1: United States | GDP: $20.49 trillion (Image: Reuters)More items…•

Is the US economy strong?

FocusEconomics panelists see GDP growing 3.8% in 2021, which is unchanged from the previous month’s forecast. In 2022, our panel sees the economy expanding 2.9%.

Which country has the best future?

Japan. #1 in Forward Thinking Rankings. … United States. #2 in Forward Thinking Rankings. … South Korea. #3 in Forward Thinking Rankings. … China. #4 in Forward Thinking Rankings. … Singapore. #5 in Forward Thinking Rankings. … Germany. #6 in Forward Thinking Rankings. … United Kingdom. #7 in Forward Thinking Rankings. … Australia.More items…

Which is the richest state in India?

MaharashtraGSDPRankState/Union TerritoryNominal GDP (trillion INR, or ₹ lakh crore)1Maharashtra₹28.78 lakh crore (US$400 billion)2Tamil Nadu₹18.45 lakh crore (US$260 billion)3Uttar Pradesh₹17.94 lakh crore (US$250 billion)4Gujarat₹17.01 lakh crore (US$240 billion)29 more rows

What are the top 100 richest countries?

World’s 100 Wealthiest Economies by GDP RankRankEconomyGDP PPP (US$)1.China$24,162,435,000,0002.United States$20,807,269,000,0003.India$8,681,303,000,0004.Japan$5,236,138,000,0006 more rows•Oct 14, 2020

Who has the largest GDP in the world?

When compared on the basis of purchasing power parity (PPP), China is the largest economy with a GDP (PPP) of $27.31 trillion. Based on 2019 figures, the size of China’s nominal GDP was lesser than that of U.S. by around $7.3 trillion, the gap is expected reduce to around $4.5 trillion by 2024.

Is Philippines a poor or rich country?

The economy of the Philippines is the world’s 29th largest economy by nominal GDP according to the International Monetary Fund 2020 and the 13th largest economy in Asia. The Philippines is one of the emerging markets and the 3rd highest in Southeast Asia by GDP nominal after Thailand and Indonesia.

Which country has lowest GDP?

In 2019, South Sudan once again reported the lowest per-capita GDP ever, closely-followed by Burundi and Malawi….The 20 countries with the lowest gross domestic product (GDP) per capita in 2019 (in U.S. dollars)GDP per capita in U.S. dollarsSouth Sudan275.18Burundi309.8711 more rows•Jun 2, 2020

Is US still the most powerful country?

United States The US retains its position as the world’s most-powerful country. US News calls it “the world’s most dominant economic and military power” and notes now its “cultural imprint spans the world” thanks to its production of movies, TV, and music.

Whose economy is the best in the world?

United States1. United States: USD 24.9 trillion in 2023. FocusEconomics panelists see the U.S. retaining its title as the world’s largest economy, with a forecast for nominal GDP of USD 24.9 trillion in 2023.

What is the best country to live in?

Canada. #1 in Quality of Life Rankings. … Denmark. #2 in Quality of Life Rankings. … Sweden. #3 in Quality of Life Rankings. … Norway. #4 in Quality of Life Rankings. … Australia. #5 in Quality of Life Rankings. … Netherlands. #6 in Quality of Life Rankings. … Switzerland. #7 in Quality of Life Rankings. … New Zealand.More items…

What are the 5 richest countries?

Luxembourg.Singapore. … Brunei Darussalam. … Ireland. … Norway. … United Arab Emirates. Current International Dollars: 69,434 | Click To View GDP & Economic Data. … Kuwait. Current International Dollars: 66,969 | Click To View GDP & Economic Data. … Switzerland. Current International Dollars: 66,196 | Click To View GDP & Economic Data. … More items…•

Who’s the poorest person in the world?

Jerome KervielIf Jerome Kerviel didn’t create losing trades to conceal the activity he engaged in, it’s unlikely he would have ended up on the fast-track to becoming the poorest man in the world by getting into debt for almost five-billion euros.

Which country has the fastest growing economy in the world 2020?

GuyanaWith a projected 26.21% growth in 2020, Guyana is the fastest growing economy in the world.

What are the top 50 richest countries?

Top 50 richest countries in the worldRankCountryGDP(PPP) per capita 2018 (Intl $)1Liechtenstein139,1002Qatar128,7033Monaco115,7004Luxembourg110,87046 more rows