Some Largest Economies of the World

The discussion of our topic in this article is not very special today, it is almost the most common question that arise in everyone’s mind that which country has the best economy in the world. Well this is sorted out by the factor of GDP, the market worth of your country’s goods and the services provided by the country in 365 days. The value of gross domestic product is very high and also our markets or international markets based on it. Spending and saving lead to development. So, in today’s topic we will be targeting Some Largest Economies of the World.economy

As United States of America is the most powerful country in the world. And the reasons behind his first rank in the world are due to the massive money planes and GDP. China has surpassed Japan as the second largest economy in the world after America. The Japanese economy accounted for 5.474 billon dollars (4.037 billion Euros) at the end of 2010. China’s economy came close to the 5.8 billion dollars in the same period. Japan’s GDP per capita is still more than ten times larger than the china. The Chinese are the largest exporters of the world. China will overtake the US as the world’s top economy in a decade, if a not few years sooner.economy fluctuations

Japan was hit by the decline in exports and reduced the consumer demands, while the China has benefited to increase in productions. Japan was due to increase in taxes, reduce in investment by government and also the attached subsides of the governments. But now Japan is following the GDP figures for the four quarters. So the Japanese Minister of economy responded to the new relations.global economy

Germany has the Europe’s largest national economy and is considered to be second largest exporters in the world. Germany’s economy’s strength lies in automotive and electric equipment. Germany GDP rate is 3.6 trillion dollars. After that France GDP rate is 2.7 trillion dollars. After Germany, France has been one of the most developed country. More than 30 of the world’s 500 biggest companies are French and the country is considered to be one of the best places to locate the headquarters of Global 500 companies. After that Brazil, United Kingdom, Russia, Italy and India are is the top ten largest economies in the world. There have different GDP which is mention bellow.

 

Rank

Country

 US dollars (millions)

1.

USA

15,680,000

2.

China

8,227,000

3.

Japan

5,964,000

4.

Germany

3,401,000

5.

France

2,609,000

6.

UK

2,441,000

7.

Brazil

2,396,000

8.

Russia

2,022,000

9.

Italy

2,014,000

10.

India

1,825,000

 

You may also like...