World Economy Ranking 2024: The world’s ten largest economies account for a sizable portion of the GDP and have a major impact on trade and economic policy on a worldwide scale. The biggest economies in the world as of January 2024 are:
10 Largest Economies
The United States
The largest economy in the world is that of the US. With a current GDP of $26,954 billion, it is quite impressive. In the US, the per capita income is 80.41 (USD Thousands).
China
With a nominal GDP of 17,786 billion, China is the country with the second largest economy in the world. In China, the per capita income is 12.54 (USD Thousands).
Germany
Germany’s economy, with a GDP of 4,430 billion dollars, is third in the world. In Germany, the per capita income is 52.82(USD Thousands).
Japan
Japan has the fourth-largest nominal GDP of any country in the world, at $4,231 billion. 33.95 (USD Thousands) is the per capita income.
India
India’s economy just surpassed that of the UK to become the fifth largest in the world. Its income per capita is $3,730, and its GDP is 2.61(USD Thousands).
United Kingdom
With a GDP of 3,332 billion dollars, the United Kingdom has the sixth-largest economy in the world. In the UK, the per capita income is 48.91(USD Thousands).
France
The GDP of the seventh-largest economy in the world is $3,052 billion, and its per capita income is 46.32(USD Thousands).
Italy
Italy boasts a GDP of 2,190 billion dollars, making it the ninth largest economy in the world. Its per capita income is 37.15 (USD Thousands).
Brazil
Brazil is the ninth-largest economy in the world, with a $2,132 billion GDP. In Brazil, the per capita income is 10.41(USD Thousands).
Canada
Canada has fewer people living in it than other countries, but despite this, its economy ranks ninth in the world. Its per capita income is 53.25(USD Thousands) and its GDP is $2,122(USD Thousands).
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