World Economy Ranking 2023: Check Full List Here!
World economy ranking 2023
The latest list of nations by GDP, ranked by activity in each country's global economic ranking in 2023, is $105 trillion. The United States has the highest nominal GDP in the world, followed by China, which is second and growing faster than the United States. Japan, Germany, India, UK and France contribute the most to global GDP. World GDP grew to 112.6 trillion in 2023 from 103.86 trillion in 2022, according to a list of historical, current, and projected numbers for each nation from 2020 to 2026. By 2023, these countries will have the highest GDP rankings worldwide.
World Economy Ranking 2023 Details
If you want comprehensive data on the state of the global economy in 2023, look no further. World GDP ranking for the year 2023 is the subject of this article. The United Nations predicts that India's GDP will grow by 5.8 percent this year, much higher than the global average expansion of 1.9 percent. The U.S. economy is quite diverse, with a large portion of its GDP coming from industries including manufacturing, banking, health care, and technology.
Name the World Economy Ranking 2023.
Organization International Monetary Fund
Issued by the IMF
The year 2023
Global economy 2023 $105 trillion
Official website imf.org
Below is a discussion of India's projected position in the world economy in 2023 (World Economy Ranking India). India's economy has just overtaken the UK to become the fifth largest economy in the world. India's economy has recently been surpassed only by the US, China, Japan and Germany. With a GDP of over $17 trillion, China is the world's second largest economy.
World Economy Ranking 2023 List
United States, 25.035 trillion US dollars
China, 18.321 trillion US dollars
Japan, US$4.301 trillion
Germany, US$4.031 trillion
India, US$ 3.469 trillion
United Kingdom, US$3.199 trillion
France, US$2.778 trillion
Canada, US$2.2 trillion
Russia, US$2.113 trillion
Italy, US$1.99 trillion
The best economy in the world
The US GDP is $23.3 trillion, the largest in the world. America has maintained its position because of its diversified economy. Global corporations like Apple, Microsoft, and Amazon have fueled the economy. Strong banking, infrastructure, and an educated workforce support the U.S. economy. The US economy is one of the strongest in the world due to its resilience and longevity, even during the COVID-19 pandemic.
World Economy Ranking 2023 Top 10
United States:
With $21.44 trillion in nominal GDP, it is the world's largest economy and second largest in natural resources.
China:
China is the world's second largest economy with a nominal GDP of $14.14 trillion and a PPP of $27.31 trillion.
Japan:
Japan is the world's third largest economy with a GDP of $5.15 trillion and a PPP of $5.75 trillion.
Germany:
Germany has a GDP of $4.0 trillion and a per capita of $46,560, making it the fourth largest economy.
India:
The fifth largest economy, India is projected to reach $3.5 trillion in 2022.
Great Britain:
France:
France is the third largest economy in Europe and the seventh largest in the world, with a nominal GDP of $2.71 trillion and a GDP per capita of $42,877.56.
Italy:
Italy's tenth largest economy with a nominal GDP of $1.99 trillion. Italy has an economy of $2.40 trillion and a GDP per capita of $34,260.34.
Brazil:
Brazil, the largest and most populous country in Latin America, has the world's tenth largest economy at $1.85 trillion.
Canada:
Canada's tenth largest economy at $1.73 trillion and $46,260.71 per person. Canada's GDP is projected to reach $2.13 trillion by 2023.
World Economy Ranking 2023 Top 20
United States of America
China
Germany
India
United Kingdom
France
Italy
Canada
Brazil
Russia
South Korea
Australia
Mexico
Spain
Indonesia
Netherlands
Turkey
Switzerland
Taiwan
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