World Economy and Growth Statistics

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The world economy or global economy is the economy of the world, considered as the international exchange of goods and services that is expressed in monetary units of account (money).

Global Gross domestic production is defined ad total value of goods and services manufactured in term of one year.

United States of America tops the list of countries with highest GDP followed by China, Japan and Germany.

Although developing nations such as India, China, Brazil and Russia are the top countries which are growing at rate higher than the global rate.

World Economy Statistics Graph

 

 


List of the 25 largest economies by GDP (nominal) at their peak level of GDP in millions US$

Rank Country Value
(USD$)
Peak year
World 87,504,567 2018
1  United States 20,412,870 2018
 European Union 19,669,743 2018
2  China 14,092,514 2018
3  Japan 6,203,213 2012
4  Germany 4,211,635 2018
5  United Kingdom 3,075,538 2007
6  France 2,937,321 2008
7  India 2,848,231 2018
8  Brazil 2,613,859 2011
9  Italy 2,402,062 2008
10  Russia 2,297,125 2013
11  Canada 1,842,627 2013
12  South Korea 1,693,246 2018
13  Spain 1,642,765 2008
14  Australia 1,566,533 2012
15  Mexico 1,314,390 2014
16  Indonesia 1,074,966 2018
17  Turkey 950,328 2013
18  Netherlands 945,327 2018
19  Saudi Arabia 756,350 2014
20   Switzerland 741,688 2018
21  Argentina 642,464 2015
22  Poland 614,190 2018
23  Taiwan 613,295 2018
24  Sweden 600,771 2018
25  Iran 577,214 2011

 

Other Economy Growth Indicators.

                                            

 

                    

 

                    

                     


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