You might be searching online on Google to learn about the largest economies in the world. So I am very happy to tell you this. that you have come to the right place. In this article, we will explore the top 10 largest economies in the world in terms of US dollars and as a percentage of their population size. The United States is the largest economy in the world with a GDP of approximately $22.68 trillion.
GDP is used to estimate the size of a country’s economy. GDP is usually measured using the spending method. Because the economy of the country keeps fluctuating. Therefore, with the help of this, you will be able to know the countries of the top 7 largest economies in the world on the basis of GDP.
10. South Korea
South Korea is mainly the largest economy at number seven in the top 10 largest economies in the world. South Korea has an economy of about $1.63 trillion, primarily one of the most developed and industrialized countries in the world.
South Korea is set to overtake Brazil as the world’s 10th-largest economy in 2022. South Korean-born telecommunications company Samsung is the world’s largest mobile phone provider, with a market sales share of 20%. More than % is considered.
- GDP per Capita – $30,644
- GDP (Nominal) – $1.63 trillion
- Population – 51,377,310(2022)
- GDP(PPP) – $2.29 trillion
9. Canada
Canada is the 9th largest economy in our top 10 largest economies in the world. Canada primarily has a well-developed energy extraction sector, with the world’s third-largest proven oil reserves. Canada’s contribution to our world GDP is about 2.10% and with this the nominal GDP of Canada is about $2.362 trillion.
Canada is primarily home to large reserves of crude oil and natural gas, which is why it is considered one of the most developed countries in the world. The GDP in Canada is expected to reach US$ 2056.00 billion by the end of 2022 as per analysts’ expectations.
- GDP per Capita – $42,080
- GDP(Nominal): $1.64 trillion
- Population – 38,554,451(2022)
- GDP (PPP) – $1.81 trillion
8. Italy
Italy is the eighth largest economy in our top 10 largest economies in the world. It is the largest economy mainly by GDP, with it being one of the most influential countries in Europe in addition to its largest economy, Italy. In our world, Italy accounts for 61% of domestic consumption and 19% of government expenditure, and 17% of gross fixed capital formation on the side of GDP.
Canada is an economy primarily known for precious metals mining and is also home to some of the world’s largest gold production companies.
- GDP per Capita – $30,657
- GDP(Nominal) โ $1.88 trillion
- Population – 60,243,761(2022)
- GDP (PPP) – $2.42 trillion
7. France
France is the largest economy at number seven among the top 10 largest economies in the world. The economy of France is worth approximately $2.58 trillion. The population of France is about 67 million which means that it has a per capita GDP of $38,476.The best part about France is that it is the most visited country. France ranks seventh among the world’s top 10 largest economies by nominal GDP and ninth in terms of purchasing power (PPP) in 2022. In addition, it is the third largest economy in Europe as of May 2022, after the economies of Germany and the United Kingdom.
GDP per capita โ $45,028
GDP (nominal) โ $2.94 trillion
Population โ 65.50 million
GDP (PPP) โ $3.2 trillion (9th)
6. India
India is the largest economy at number 6 in the top 10 largest economies in the world. The economy of India is of trillion dollars. This is equivalent to about 3.3% of the world’s GDP. The population of India is mainly 1.3 billion. That is, its per capita GDP is $ 1,977. India is considered to be the sixth among the world’s top economies with a real GDP of $2.66 trillion, mainly trailing the economy of France. The Indian economy has become the fastest-growing economy in the world. India has the lowest per capita GDP due to its large population.
GDP per capita โ $2,190
Countries by GDP โ $3.29 trillion
Population โ 1.40 trillion
GDP (PPP) โ $10.18 trillion (3rd)
5. United Kingdom
United Kingdom This economy is number five out of the top 10 largest economies in the world. The United Kingdom is considered to be the sixth-largest economy in the world with a GDP of $2.83 trillion. The UK consists of 4 countries England, Scotland, Wales, and Northern Ireland. The UK was the world’s fifth-largest exporter and fifth-largest importer in 2019. In 2020 UK trade with the 27 EU member states accounted for 49% of the country’s exports and 52% of its imports. The population of Britain is 66 million. i.e. the GDP per capita is $39,854 and the PT government has invested heavily in basic affairs and education.
GDP per capita โ $46,200
GDP (nominal) โ $3.10 trillion
Population โ 68.45 million
GDP (PPP) โ $3.17 trillion (10th)
4. Germany
German is the fourth largest and one of the most advanced countries among the top 10 largest economies in the world. Mainly this economy has also been recognized as a major export of goods and services. Since Germany is a major export center, Germany is a top exporter of vehicles, machinery, chemicals, and honey manufactured goods. Germany is considered to be the third largest exporter after China and the US and is the fifth largest economy by purchasing power parity (PPV). German settles with a real GDP of $3.84 trillion. After a small drop in 2009, the German system went ahead with a 4.0% expansion a decade earlier.
GDP per capita โ $50,787
Countries by GDP โ $4.23 trillion
Population โ 84.20 million
GDP (PPP) โ $4.7 trillion (5th)
3. Japan
The Japanese economy is the third largest in the world and one of the largest. It is a major exporter mainly of goods and services in the country. The Japanese economy is primarily known for its efficiency and competitiveness. The Japanese economy is a highly developed free market system. It is the third-largest economy in the world by 2022 GDP. Japanese economy The Japanese friend is currently in the third position with an estimate of trillion dollars based on actual Zee TV pre-estimate. Japan’s economy continued to grow rapidly during the 1960s, 70s, and 80s.
Yet Japan’s economy has not been impressive since that period during the 1990s. In the past decade, Japan has been trying its best to develop its economy.
GDP per capita โ $40,704
Countries by GDP โ $5.10 trillion
Population โ 125.87 million
GDP (PPP) โ $5.58 trillion (4th)
2. China
China mainly has the second-largest economy among the largest economies in the world. The estimated value of the Chinese economy is $13.61 trillion. This equates to about 16.5 of the world’s simple domestic product. China’s population is mainly 1.4 billion. This means that the GDP per capita in this country is $ 9,771.China has the second-largest nominal GDP in the world in dollars. Odia is also the largest in terms of indigenous PPP. Its GDP with annual growth surpasses that of the United States. China could be one of the world’s largest economies by GDP in the coming years.
GDP per capita โ $12,551
Countries by GDP โ $16.86 trillion
Growth โ 1.48 trillion
GDP (PPP) โ $26.65 trillion (1st)
1. United States
The US economy is one of the top 10 largest economies in the world. America is primarily considered the economic superpower of the world. It has the largest economy among the economies found in the whole world. The estimated dollar value of the US economy is $20.58 trillion. This is equivalent to about 25% of the world’s GDP. The population of America is 328 million. The per capita GDP here is $62,641.
The GDP of the United States is one of the highest in the world, making it the largest economy. GDP per capita is also high, making it one of the wealthiest countries. GDP growth has been positive for many years, indicating a strong economy.
GDP per capita โ $69,375
Countries by GDP โ $22.93 trillion
Population โ 334 million
GDP (PPP) โ $22.93 trillion (2nd)
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Final Word Of Top 10 largest economies in the world
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