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How many trillion dollars are in the world economy?

How many trillion dollars are in the world economy?

Latest official GDP figures published by the World Bank. Population figures based on United Nations data. World’s GDP is $80,934,771,028,340 (nominal, 2017)….GDP by Country.

# 1
Country United States
GDP (nominal, 2017) $19,485,394,000,000
GDP (abbrev.) $19.485 trillion
GDP growth 2.27%

What countries have more than 1 trillion GDP?

The Trillion dollar club is an unofficial classification of the world’s major economies with a gross domestic product (nominal GDP) of more than US$1 trillion per year. As of 2017, it included 16 countries.

What was the GDP in 2013?

$16,843,200 million
GDP grows 1.8% in United States The GDP figure in 2013 was $16,843,200 million, United States is the world’s leading economy with regard to GDP, as can be seen in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in United States rose $589,200 million with respect to 2012.

Which is the fastest growing trillion dollar economy?

Prime Minister Narendra Modi in 2019 envisioned making India a USD 5 trillion economy and a global economic powerhouse by 2024-25. With this, India would become the third largest economy in the world. Agencies As far as USD 5 trillion economy is concerned, India is the fastest growing large economies in the world.

How much is Pakistan economy?

Economy of Pakistan

Population 207.68 million (5th) (2017 national census)
GDP $435.5 billion (estimated; 2021). $347 billion (nominal; 2021). $1.5 trillion (PPP; Jun 2021)
GDP rank 35th (nominal; 2021) 20th (PPP; Jun 2021)
GDP growth 6.1% (17/18) 3.1% (18/19) −1.0% (19/20F) 5.6% (20/21R)

What country has the highest GDP per person in 2017?

GDP per Capita

# Country GDP (nominal) per capita (2017)
1 Qatar $61,264
2 Macao $80,890
3 Luxembourg $105,280
4 Singapore $56,746

How big is the global economy?

The statistic shows global GDP (gross domestic product) from 2014 to 2017, with projections up until 2024. In 2017, global GDP amounted to about 80.14 trillion U.S. dollars.

What is the GDP of World?

World’s GDP is $80,934,771,028,340 ( nominal, 2017). See also: GDP per Capita. #. Country. GDP. (nominal, 2017) GDP. (abbrev.) GDP.

Will China become the largest economy in the world by GDP?

With annual growth that consistently outpaces the U.S., China may be on track to become the largest economy in the world by nominal GDP in the years to come. 1  As China has progressively opened its economy over the past four decades, economic development and living standards have greatly improved.

Which country has the best economy in the world?

Although the rankings of national economies have changed considerably over time, the United States has maintained its top position since the Gilded Age, a time period in which its economy saw rapid expansion, surpassing the British Empire and Qing dynasty in aggregate output.

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