| Rank | Country/Territory | GDP (US$million) |
|---|---|---|
| World | 83,844,988 | |
| 1 | United States | 20,807,269 |
| 2 | China | 14,860,775 |
| 3 | Japan | 4,910,580 |
What country has the highest GNP in the world?
| Country | Rank | GNP (billion dollars) |
|---|---|---|
| United States | 1 | 12 970 billion $ |
| Japan | 2 | 4 988 billion $ |
| Germany | 3 | 2 852 billion $ |
| China | 4 | 2 264 billion $ |
Which country has the highest GNP per capita?
High-income group
| Rank | Country | GNI per capita (US$) |
|---|---|---|
| 1 | Liechtenstein | 116,430 |
| — | Bermuda (UK) | 106,140 |
| 2 | Switzerland | 85,500 |
| 3 | Norway | 82,500 |
Which country has the lowest GNP?
In 2020, Burundi reported the lowest per-capita GDP ever, closely-followed by South Sudan and Malawi.
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The 20 countries with the lowest gross domestic product (GDP) per capita in 2020 (in U.S. dollars)
| GDP per capita in U.S. dollars | |
|---|---|
| Burundi | 263.67 |
| South Sudan | 303.15 |
Which country has the highest GDP 2020?
Click on any of the links to gain more in-depth reviews of these top countries.
- United States. GDP – Nominal: $20.81 trillion. …
- China. GDP – Nominal: $14.86 trillion. …
- Japan. GDP – Nominal: $4.91 trillion. …
- Germany. GDP – Nominal: $3.78 trillion. …
- United Kingdom. GDP – Nominal: $2.64 trillion. …
- India. …
- France. …
- Italy.
Which country is No 1 in world?
For the fourth year in a row, Switzerland is considered the No. 1 Best Country.
What country is #1 in economy?
| Rank | Country | Peak year |
|---|---|---|
| 1 | United States | 2019 |
| — | European Union | 2008 |
| 2 | China | 2020 |
| 3 | Japan | 2012 |
Is USA a high-income country?
As of November 2020, 77 countries and territories are classified by the World Bank as high-income countries. Some of these countries, such as the United States, have consistently held this classification since the 1980s.
Which countries are low income countries?
List of Low-Income Countries
- Afghanistan.
- Bangladesh.
- Benin.
- Burkina Faso.
- Burundi.
- Central African Republic.
- Chad.
- Comoros.
Is India a high-income country?
India is a low middle-income country with a GNI per capita of around $2,000. Even if India reaches $5 trillion in GDP by 2024-25 — GoI’s stated and laudable objective — it will still be a lower middle-income country.
Is New Zealand a rich or poor country?
“New Zealand is the world’s fifth richest country as measured by per adult wealth. Only Switzerland, Hong Kong, US and Australia rank higher. New Zealand’s wealth is also reasonably evenly distributed, with median wealth also being the fifth highest in the world.
Who has the strongest economy in the world 2020?
When compared on the basis of purchasing power parity (PPP), China is the largest economy with a GDP (PPP) of $27.31 trillion.
Why is Australia a wealthy country?
Mining has contributed to Australia’s high level of economic growth, from the gold rush in the 1840s to the present day.
Is China richer than USA?
National wealth can fluctuate, as evidenced in the United States data following the 2008 financial crisis and subsequent economic recovery.
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List of countries and geographic regions by total wealth (2019)
| Rank | 2 |
|---|---|
| Country/geographic region | China |
| Total wealth (billions USD) | 63,827 |
| Share of total | 17.7% |
What is the fastest growing country in Asia?
Here’s our research and analysis of the fastest-growing Asian countries heading into the 2020s.
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Asian Countries Ranked by Average Forecasted Real GDP Growth (%), 2020–2024.
| Country | Bangladesh |
|---|---|
| 2022 | 7.3 |
| 2023 | 7.3 |
| 2024 | 7.3 |
| Avg | 7.3 |
Is the US economy strong?
The latest numbers show economic output surged by an annualised 33% in the third quarter of 2020, following a record fall as a consequence of the coronavirus pandemic. … The recovery, although strong, hasn’t yet brought economic activity back to pre-pandemic levels.