largest economies of world
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The 10 Largest Economies in the World USA – GDP $16.2 trillion. The United States has been the world's largest economy for at least a century. One third of the world's millionaires and 40% of the worlds billionaires live in the United States, making it the wealthiest nation in the world.
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The 40 Biggest Economies In The World Here's a handy chart from Oppenheimer's John Stoltzfus. It reminds us that a little bit of growth in the U.S. will go a lot farther than a lot of growth out of China. And don't forget: Japan is the world's third largest economy, which shows just how high the stakes are as the country's leaders embark on extremely aggressive monetary policy.
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The World's Top 10 Economies Italy’s $2.13 trillion economy is the world’s eighth largest in terms of nominal GDP. Italy is among the prominent economies of the eurozone, but it has been impacted by the crisis in the region. The economy suffers from a huge public debt estimated to be about 133 percent of GDP, according to the CIA World Factbook.
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The World's Top 10 Economies France. France, the most visited country in the world is the fifth largest economy in the world with a nominal GDP of $2.9 trillion. Its GDP in terms of PPP is around $2.59 trillion. France has a low poverty rate and high standard of living, which is reflected in its GDP (PPP) per capita of $40,445.
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The 40 Biggest Economies In The World Germany’s 4th place position and relative size to the top three economies adds credence, in our view, to expectations that the European monetary union and its singular currency (the euro) will outlast skeptics, added Stoltzfus.
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"""Most Powerful Branch Of Government"" Essays and Research Papers" China had the largest economy in the world for most of the past two thousand years, during which it has seen cycles of prosperity and decline. Since the introduction of economic reforms in 1978, China has become one of the world's fastest-growing major economies.
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List of countries by GDP (nominal) On the whole, PPP per capita figures are less spread than nominal GDP per capita figures. The United States is the world's largest economy with a GDP of approximately $18.56 trillion, notably due to high average incomes, a large population, capital investment, moderate unemployment, high consumer spending, a relatively young population, and technological innovation.
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Economy of the United States Economy of the United States. The economy of the United States is the world's largest national economy in nominal terms and second largest according to purchasing power parity (PPP), representing 22% of nominal global GDP and 17% of gross world product (GWP). The U.S. GDP was estimated to be $18.46 trillion in 2016.
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What is Tiger Economy? The tiger cub economies have significant disparity in characteristics, such as their size, development and economic growth model. Indonesia is the largest of the tiger cub economies, with a population of more than 235 million, making it the world's fourth-most populous nation, with a gross domestic product in excess of $500 billion.
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The World's Top 10 Economies Germany is Europe’s largest and strongest economy. On the world scale, it now ranks as the fourth largest economy in terms of nominal GDP. Germany’s economy is known for its exports of machinery, vehicles, household equipment, and chemicals.
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- America usurped: China becomes world's largest economy - putting USA in second place for the first time in 142 years. Figures show the Chinese economy is worth $17.6 trillion, compared to America's $17.4 trillion; The IMF estimates China's economy will be worth a whopping $27 trillion in 2019
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Brazil The federation is composed of the union of the Federal District, the 26 states, and the 5,570 municipalities. Brazil's economy is the world's ninth-largest by nominal GDP and seventh-largest by GDP (PPP) as of 2015. A member of the BRICS group, Brazil until 2010 had one of the world's fastest growing major economies, with its economic reforms giving the country new international recognition and influence.
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- 1. United States. The US economy is the largest economy in the world in terms of nominal GDP (measured at current prices in US dollars). The $17.41 trillion US economy is approximately 22.44 percent of the gross world product.
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The 10 Largest Economies in the World France has long been one of the most developed and wealthiest economies in the world, and this year clocks in at 5th. More than 30 of the world's 500 biggest companies are French and the country is considered one of the best places to locate the headquarters of Fortune Global 500 companies.
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Top 10 Richest Economies In The World In 2015-2016 In this article we will talk about top 10 richest economies in the world. Some of the countries in the world are gaining success continuously. These countries are famous for their various industries, exports and some other sectors which make their economy more rich and strong.
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- Not surprisingly, the world's largest economies, those in the G8, figure prominently in the list. We look at which 10 countries have the most CO2 emissions. Figure are preliminary 2010 numbers from the U.S. government's Carbon Dioxide Information Analysis Center. (Photo Getty Images) Estimated CO2 Emissions in 2010 (in thousands of metric tonnes): 493,726 (Photo MARWAN NAAMANI/AFP/Getty Images)
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Top 20 Largest Economies in Africa It is also world’s second most populous continent. 1.111 billion people (2013) live in Africa. Algeria is the largest country (by area) in Africa; and Nigeria is the largest country by population. In early 2014 Nigeria surpassed South Africa as Africa’s largest economy. Here is a brief overview of the largest economies in Africa: Oil and gas contribute significantly to Equatorial Guinea’s economy.
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- The World Economy team tracks changes to the economies of every country in the world and updates the country and region profile pages. The United States of America has the world's largest national economy. It makes up roughly 17 to 22 percent of the world's gross domestic product (GDP).
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- The U.S. is the world’s largest national economy. In 2013, the U.S. reported gross domestic product (GDP) of $16.8 trillion, or 22.4% of global GDP.
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China Set to Overtake U.S. as Biggest Economy in PPP Measure China Set to Overtake U.S. as Biggest Economy in PPP Measure. China is poised to overtake the U.S. as the world’s biggest economy earlier than expected, possibly as soon as this year, using calculations that take purchasing power into account.
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The Top Ten Economies of 2030 4 – Japan (-1): $9.3 Trillion. Like Germany, Japan has one of the most developed and advanced economies in the world, thanks in great part to its tech sector. As mentioned, the trend of the new world economy is towards integration and cooperation, and nowhere is that truer than in Asian economic circles.
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List of countries by GDP (nominal) The United States is the world's largest economy with a GDP of approximately $18.56 trillion, notably due to high average incomes, a large population, capital investment, moderate unemployment, high consumer spending, a relatively young population, and technological innovation.
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A World of Change Some emerging market economies have performed even better. For example, Brazil, Russia, India, and China, the so-called BRIC countries, accounted for half of global growth over the past decade. China is now the world’s 2nd and Brazil the 7th largest economy, up from the 8th and the 16th, respectively, in 1970.
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America usurped: China becomes world's largest economy - putting USA in second place for the first time in 142 years The news that China is now the largest economy in the world is an embarrassment for Barack Obama and ends America's 142 years at the top. Britain had out-produced the U.S. and its European rivals for much of the 19th century, at the height of the industrial revolution and with trade links across the Empire.
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UK reclaims sixth largest economy slot Only the US and Japan, the world’s third largest economy, will hold on to their places. Germany will decline two slots from fourth to sixth, but France and Italy will be the biggest losers. France is expected to fall from fifth to ninth, and Italy from eighth to 13th.
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Russia's Economy Has Shrunk So Much It's Now Almost The Same Size As Spain Spain: Russia has lost its ranking as the world’s eighth biggest economy, shrinking in just nine months from a $2.1 trillion petro-giant to a mid-size player comparable with Korea or Spain.
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The Chinese Century Without fanfare—indeed, with some misgivings about its new status—China has just overtaken the United States as the world’s largest economy. This is, and should be, a wake-up call—but not the kind most Americans might imagine.
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Asia As of 2011, the largest economies in Asia are China, Japan, India, South Korea and Indonesia. Based on Global Office Locations 2011, Asia dominated the office locations with 4 of the top 5 being in Asia: Hong Kong, Singapore, Tokyo, Seoul and Shanghai.
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Africa's Largest Economies - Top 20 Economies In Africa Africa’s Largest Economies – Top 20 Economies In Africa. Africa is by far the world’s poorest inhabited continent. Though parts of the continent have made significant gains over the last few years. The decolonization of Africa was fraught with instability aggravated by cold war conflict.
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"""Most Powerful Branch Of Government"" Essays and Research Papers" China had the largest and most complex economy in the world for most of the past two thousand years, during which it has seen cycles of prosperity and decline. Since the introduction of economic reforms in 1978, China has become one of the world's fastest-growing major economies.