The Top 20 Economies in the World

Ranking the Richest Countries in the World 👇 SUBSCRIBE TO Estatísticas Curiosas YOUTUBE CHANNEL NOW 👇 https://www.youtube.com/channel/UCtjZ... 1. United States U.S. Nominal GDP: $21.44 trillion - U.S. GDP (PPP): $21.44 trillion The U.S. has retained its position of being the world's largest economy since 1871. The size of the U.S.resources. 2. China Nominal GDP: $14.14 trillion - China GDP (PPP): $27.31 trillion China has experienced exponential growth over the past few decades, breaking the barriers of a centrally-planned closed economy to evolve into a manufacturing and exporting hub of the world. 3. Japan Nominal GDP: $5.15 trillion- Japan GDP (PPP): $5.75 trillion Japan is the third-largest economy in the world, with its GDP crossing the $5 trillion mark in 2019. 4. Germany Nominal GDP: $3.86 trillion - Germany GDP (PPP): $4.44 trillion Germany is not just Europe's largest economy but also the strongest. 5. India Nominal GDP: $2.94 trillion-India GDP (PPP): $10.51 trillion India is the fastest-growing trillion-dollar economy in the world and the fifth-largest overall, with a nominal GDP of $2.94 trillion. 6. U.K. Nominal GDP: $2.83 trillion - U.K. GDP (PPP): $3.04 trillion The United Kingdom, with a $2.83 trillion GDP is the sixth largest economy in the world. When compared in terms of GDP purchasing-power-parity, U.K. slips to the ninth spot with a GDP-PPP of $3.04 trillion. 7. France Nominal GDP: $2.71 trillion - France GDP (PPP): $2.96 trillion France, the most-visited country in the world "8. Italy Nominal GDP: $1.99 trillion - Italy GDP (PPP): $2.40 trillion With a nominal GDP of $2.07 trillion, Italy is the world’s eighth-largest economy. Its economy is expected to expand to $2.26 trillion by 2023. 9. Brazil Nominal GDP: $1.85 trillion - Brazil GDP (PPP): $3.37 trillion Brazil is the largest and most populous nation in Latin America. With a nominal GDP of $1.87 trillion, Brazil is the ninth-largest economy in the world. The nation that had been riding on the commodity wave suffered multiple setbacks with the end of the commodity supercycle, in addition to internal problems of corruption and political uncertainty, which dampened the investment and business environment. 10. Canada Nominal GDP: $1.73 trillion - Canada GDP (PPP): $1.84 trillion Canada displaced Russia to take the 10th spot in 2015 and has retained its position since then. 11. Russia Nominal GDP: $1.64 trillion - Russia GDP (PPP): $4.21 trillion Russia, the largest country on Earth in terms of landmass, is the 11th-largest economy in the world, with a nominal GDP of $1.63 trillion. Russia moves up the ladder to the sixth spot for rankings, with a $4.21 trillion GDP based on PPP." 12. South Korea Nominal GDP: $1.63 trillion - South Korea GDP (PPP): $2.14 trillion The South Korean economy, known for conglomerates like Samsung and Hyundai, is the 12th largest economy in the world, with a nominal GDP of $1.62 trillion. The country has made incredible progress in the past couple of decades to establish itself as a hi-tech, industrialized nation." 13. Spain Nominal GDP: $1.4 trillion - Spain GDP (PPP): $1.86 trillion The $1.4 trillion Spanish economy is the 13th-largest in the world. Post-Brexit, Spain is the fourth-largest economy in the eurozone. 14. Australia Nominal GDP: $1.38 trillion - Australia GDP (PPP): $1.32 trillion Australia is the 14th-largest economy, with a nominal GDP of $1.42 trillion. The economy has grown at a healthy pace for the past two decades on the back of low unemployment, low public debt and inflation, robust exports, a strong service sector, and a stable financial system. Australia is also a land rich in natural resources, as well as a major exporter of energy and food. "15. Mexico GDP: $1.22 trillion - Mexico GDP (PPP): $2.57 trillion Mexico, the second-largest economy in Latin America, is the 15th-largest economy in the world, with a nominal GDP of $1.22 trillion, while its GDP in terms of PPP is $2.57 trillion. "16. Indonesia Nominal GDP: $1.11 trillion - Indonesia GDP (PPP): $3.50 trillion Indonesia is the largest economy in Southeast Asia and the 16th-largest on the global map. "17. Netherlands Nominal GDP: $902.36 billion - Netherlands GDP (PPP): $969.23 billion "18. Saudi Arabia GDP: $779.29 billion - Saudi Arabia GDP (PPP): $1.86 trillion Saudi Arabia is predominantly an oil-based economy. The country possesses around 18% of the world's proven petroleum reserves. "19. Turkey Nominal GDP: $743.71 billion - Turkey GDP (PPP): $2.29 trillion Turkey, with its $766.43 billion economy. "20. Switzerland Nominal GDP: $715.36 billion - Switzerland GDP (PPP): $548.48 billion Switzerland is one of the most stable market economies in the world. This list is based on the IMF's World Economic Outlook Database, October 2019. #top 20#economies#richest country