The top 20 largest economies in the world by GDP
| Rank | Country | GDP (Nominal) (billions of $) |
|---|---|---|
| 1 | United States | 20,807.27 |
| 2 | China | 15,222.16 |
| 3 | Japan | 4,910.58 |
| 4 | Germany | 3,780.55 |
Who has the best economy right now?
the USA
The world’s largest economies
With a GDP of 21.0 trillion USD, the USA is by far the world’s largest economy in this ranking for 2020. It is followed by China in 2nd place with a GDP of still 14,722.7 tn USD. Canada is also quite far ahead in the international comparison and could occupy the 9th place in this ranking.
Which country has the best economy 2020?
- United States. GDP – Nominal: $20.89 trillion.
- China. GDP – Nominal: $14.72 trillion.
- Japan. GDP – Nominal: $5.06 trillion.
- Germany. GDP – Nominal: $3.85 trillion.
- United Kingdom. GDP – Nominal: $2.76 trillion.
- India. GDP – Nominal: $2.66 trillion.
- France. GDP – Nominal: $2.63 trillion.
- Italy. GDP – Nominal: $1.88 trillion.
Who has the #1 economy in the US?
Utah is the top state for economy. It’s followed by Colorado, Idaho, Washington and Massachusetts to round out the top five. Five of the 10 states with the strongest economies also rank among the top 10 Best States overall.
Economy Rankings.
| Rank | 1 |
|---|---|
| State | Utah Utah |
| Business Environment | 8 |
| Employment | 2 |
| Growth | 3 |
Is China richer than USA?
The Per capita income of the United States is 5.78 and 3.61 times higher than that of China in nominal and PPP terms, respectively. The US is the 5th richest country in the world, whereas China comes at 63rd rank.
Is Russia richer than USA?
While the U.S. ranks as the world’s largest economy with a GDP of $21 trillion,2 Russia’s nominal GDP comes in at $1.48 trillion.
Which country is the richest?
List of richest countries in the world 2022
| Rank | Country | Net Worth |
|---|---|---|
| 1. | China | $113 trillion |
| 2. | United States | $50 trillion |
| 3. | Germany | $14 trillion |
| 4. | France | $14 trillion |
Which country is No 1 in world?
United States. The United States of America is a North American nation that is the world’s most dominant economic and military power.
Who is the strongest country in the world?
the United States
According to the 2020 survey (released in 2021), the United States is the world’s most powerful country.
The Top 10 Most Powerful Countries in the World (2021 Best Countries report):
- United States.
- China.
- Russia.
- Germany.
- United Kingdom.
- Japan.
- France.
- South Korea.
Is California’s economy better than Texas?
GDP per capita is 22% larger in California ($79,405) than in Texas ($65,077), but a great deal of the per capita GDP in California comes from the public sector, which is one-third larger than that in Texas.
What is the strongest state in the US?
Turns out that America’s strongest state is Texas. At least that’s what is shown by the data below, compiled based on the last five years of powerlifting data.
What is the best run state in America?
For the second year in a row, Utah ranks as the best run state in the country. The state is one of only 12 nationwide with a perfect triple-A rating and stable outlook from credit rating agency Moody’s. It also has the funding to meet over 85% of its pension obligations, well above the 70.7% average among all states.
Will China overtake the US?
China’s GDP should grow 5.7% per year through 2025 and then 4.7% annually until 2030, British consultancy Centre for Economics and Business Research (CEBR) forecasts. Its forecast says that China, now the world’s second-largest economy, would overtake the No. 1-ranked U.S. economy by 2030.
Which city is richest in the world?
New York City
New York City:
The financial center of the US and the wealthiest city in the world. Home to just over 370,000 HNWIs, aswell as 805 centi-millionaires and 62 billionaires. Also home to the two largest stock exchanges in the world (Dow Jones and NASDAQ).
Is America a rich country?
With resource-rich land and the biggest economy in the world, the United States has a strong purchasing power. It supplies its energy and can export its oil and gas for profit, and the size of its economy and the high rate of real GDP growth goes unmatched by any other country.
Who would win in a war USA or Russia?
The USA also has an overwhelming advantage over Russia in terms of conventional forces. Russia still has incredible military might, even if it is not as large as NATO’s, with more than a million active troops.
Why Russian army is the strongest?
The Russian Armed Forces possess the largest stockpile of nuclear weapons in the world, surpassing the arsenal of the United States. They operate the second-largest fleet of ballistic missile submarines, and are one of only three militaries (alongside China and the United States) that operate strategic bombers.
Is the UK richer than Russia?
Russia has a GDP per capita of $27,900 as of 2017, while in United Kingdom, the GDP per capita is $44,300 as of 2017.
Which country will rule the world in 2025?
India
According to a recent report by Harvard University, “From economic complexity growth estimates, India is growing at the annual list at the rate of 7.9 percent as the fastest growing country for the coming decade.
Why is Australia so rich?
Australia is considered a wealthy nation with a market-based economy that has a comparatively high gross domestic product and per capita income. Its economy is driven by the service sector and the export of commodities. [Explore the top universities in Australia.]
What country is best to live in?
- Norway. The United Nations listed Norway as the best country to live in primarily because all of the factors the researchers took into consideration were good marks on behalf of Norway.
- 2 (tie). Ireland.
- 2 (tie). Switzerland.
- 4 (tie). Hong Kong, China.
- 4 (tie). Iceland.
- Germany.
- Sweden.
- 8 (tie).
