1. United States $13.8 trillion
2. Japan $4.38 trillion
3. Germany $3.32 trillion
4. China $3.28 trillion 5. United Kingdom $2.8 trillion 6. France $2.59 trillion
7. Italy $2.1 trillion
8. Spain $1.439 trillion
9. Canada $1.436 trillion
10. Brazil $1.31 trillion (2007 International Monetary Fund statistics based on US Dollars)
As of 2021, the countries with the largest economies in the world are the United States, China, and Japan. The United States has the largest economy in terms of nominal GDP, followed by China and then Japan. However, when considering GDP based on purchasing power parity (PPP), China surpasses the United States to have the largest economy in the world.
Here are the top 3 economies as of 2009... 1. China ( Approximate GDP- $7,043,000,000,000 ) 2. Japan ( Approximate GDP- $4,305,000,000,000 ) 3. India (Approximate GDP- $2,965,000,000,000 )
No not necessarily GDP does not take into account the conditions of the citizens of a country only the amount of product sold by those in power.
consumer spending
consumption
The US GDP is in the trillions. As of 2023, the nominal GDP of the United States is estimated to be over $25 trillion. This places it among the largest economies in the world.
As of 2021, the countries with the largest economies in the world are the United States, China, and Japan. The United States has the largest economy in terms of nominal GDP, followed by China and then Japan. However, when considering GDP based on purchasing power parity (PPP), China surpasses the United States to have the largest economy in the world.
Here are the top 3 economies as of 2009... 1. China ( Approximate GDP- $7,043,000,000,000 ) 2. Japan ( Approximate GDP- $4,305,000,000,000 ) 3. India (Approximate GDP- $2,965,000,000,000 )
European Union, but Germany is the country with the largest GDP.
GDP (nominal) 1. United States 2. China 3. Japan 4. Germany 5. France GDP (PPP) 1. United States 2. China 3. Japan 4. India 5. Germany
According to the United Nations, China is one of the top 10 economies rated by GDP. In fact, they are second behind the United States and one position ahead of Japan.
No not necessarily GDP does not take into account the conditions of the citizens of a country only the amount of product sold by those in power.
consumer spending
consumption
Consumption
Consumption is the largest part of GDP.
Second largest GDP next to china