What is the top 5 economies in the world
The United States of America, China, Japan, Germany, and India are the largest economies in the world in 2023, as per their GDP data. GDP serves as a key metric for assessing the magnitude of a nation's economy.
Who has the 4th largest GDP in the world
Germany
Germany has the 4th largest GDP in the world. The total value of exports and imports is equal to 86.9% of GDP. Germany is a European nation with the biggest drivers of its economy being its service industries, including telecommunication, healthcare, and tourism.
What are the top 4 economies in the world
Biggest economies in 2021 by gross domestic product
Rank | Country | GDP in billion $ |
---|---|---|
1 | United States | 23,315.1 |
2 | China | 17,820.5 |
3 | Japan | 5,005.5 |
4 | Germany | 4,259.9 |
What is the top 5 economy in the world 2023
Notably, India claims the fifth position in this list of powerhouses.United States: Unwavering Economic Supremacy.Japan: Technological Ingenuity and Manufacturing Prowess.Germany: Exports and Precision Engineering.India: Diversity and Swift Growth.
What are the 3 strongest economies in the world
World's Largest Economies
# | Country | GDP |
---|---|---|
1 | United States of America | 23.3 trillion |
2 | People's Republic of China | 17.7 trillion |
3 | Japan | 4.9 trillion |
4 | Germany | 4.3 trillion |
What is the richest country in Asia
The finance website selected the 21 richest countries in Asia based on total wealth, duly ranking the list in ascending order of wealth. China topped the list with total wealth of US$85,107 trillion in 2021, followed by Japan with US$25,692 trillion and India with US$14,225 trillion.
What is the economy of Vietnam ranked
36
Worldwide gross domestic product in 2022 was at about 12,749 USD per capita. GDP in Vietnam, on the other hand, reached USD 4,194 per capita, or 408.80 billion USD for the whole country. Vietnam is therefore currently ranked 36 of the major economies. Inflation in Vietnam in 2022 was around 3.16%.
Which is the fastest growing economy in the world
The World's Fastest Growing EconomiesGuyana. Average growth 2022-2026: 25.8% Guyana will be by far the fastest-growing economy over the next few years.Macao. Average growth 2022-2026: 11.9%Fiji. Average growth 2022-2026: 7.7%Niger. Average growth 2022-2026: 7.6%Libya. Average growth 2022-2026: 6.9%
What are the top 5 fastest growing economy
The World's Fastest Growing EconomiesGuyana. Average growth 2022-2026: 25.8% Guyana will be by far the fastest-growing economy over the next few years.Macao. Average growth 2022-2026: 11.9%Fiji. Average growth 2022-2026: 7.7%Niger. Average growth 2022-2026: 7.6%Libya. Average growth 2022-2026: 6.9%
Which country will be rich in 2030
China will be the world's largest economy in 2030, overtaking the US, while India – currently the seventh biggest – will be third, pushing Germany and Japan down a position.
Which is the No 1 poorest country in Asia
North Korea
North Korea. North Korea may actually be the poorest country in Asia, but the nation's notoriously secretive government rarely shares its data, so economists much rely upon expert estimates. Poverty in North Korea is attributed to poor governance by the totalitarian regime.
Why is Asia so rich
Rapid modernisation, and a focus on high technology, have allowed East Asia to register rapid economic growth. The region is home to some of the world's most affluent nations and sees high standards of living.
Is Vietnam richer than Indonesia
Economy. Vietnam has a GDP per capita of $8,200 as of 2020, while in Indonesia, the GDP per capita is $11,400 as of 2020.
Is Vietnam a rich or Poor country
Vietnam's shift from a centrally planned to a market economy has transformed the country from one of the poorest in the world into a lower middle-income country. Vietnam now is one of the most dynamic emerging countries in East Asia region.
What is the strongest economy in the world
the United States of America
According to the latest available data from the World Bank, the United States of America is currently the world's largest economy, with a GDP of over $23 trillion in 2021.
What are the 10 fastest growing economies in the world
Fastest growing Economy in the World – Top 10 List with GrowthMaldives [Value: 7.2] [Population: 569,291]Fiji [Value: 7] [Population: 915,503]Democratic Republic of Congo [Value: 6.3] [Population: 5,936,431]Côte d'Ivoire [Value: 6.2] [Population: 28,391,641]Rwanda [Value: 6.2] [Population: 13,941,641]
Who will be the richest country in 2050
China
As a result, six of the seven largest economies in the world are projected to be emerging economies in 2050 led by China (1st), India (2nd) and Indonesia (4th) The US could be down to third place in the global GDP rankings while the EU27's share of world GDP could fall below 10% by 2050.
Is China the fastest growing economy
As the world's third largest and fastest growing major economy, China presents enormous opportunities for U.S. workers and firms but also considerable challenges.
What is the GDP forecast for Vietnam in 2030
Minister of Planning and Investment Nguyen Chi Dung. By 2030, the country's GDP per capita is expected to reach 7,500 USD and the digital economy will account for 30% of GDP, said Minister of Planning and Investment Nguyen Chi Dung, who was tasked with presenting the plan.
Is Vietnam a poor country
The World Bank In Vietnam. Vietnam's shift from a centrally planned to a market economy has transformed the country from one of the poorest in the world into a lower middle-income country. Vietnam now is one of the most dynamic emerging countries in East Asia region.
Is Vietnam poor than India
Vietnam has a GDP per capita of $8,200 as of 2020, while in India, the GDP per capita is $6,100 as of 2020. In Vietnam, 3.1% of adults are unemployed as of 2018. In India, that number is 8.5% as of 2017. In Vietnam, 6.7% live below the poverty line as of 2018.
Is Vietnam part of East Asia
Some people include Vietnam—a Southeast Asian country geographically—as part of East Asia, as it is always considered part of the Chinese cultural sphere. North Vietnam (including Hanoi) has a subtropical climate and at times may be influenced by cold waves, which also differs from most of Southeast Asia.
Why is Vietnam so rich
Sectors such as manufacturing and financial services are making many people incredibly wealthy, and even global luxury brands have noticed. A familiar story in Vietnam is the person who leaves their small town to find work in one of the urban areas, hoping to join the upwardly mobile middle class.
How rich is Vietnam today
Economy of Vietnam
Country group | Developing/Emerging Lower-middle income economy |
Statistics | |
---|---|
Population | 99,461,715 (2022) |
GDP | $449.09 billion (nominal; 2023 est.) $1.450 trillion (PPP; 2023 est.) |
GDP rank | 34th (nominal; 2023 est.) 26th (PPP; 2023 est.) |
What rank is Vietnam in the world
With a GDP of over 363 billion USD and a population of more than 98.2 million, Vietnam stands at the 30th position in the rankings, only after Singapore (26th position) among the Southeast Asian countries. Meanwhile, Indonesia is ranked 33rd and Thailand 36th.