Who has the top 5 GDP in the world now?

Who has the top 5 world largest GDP

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.

What are the top 5 largest economies in the world 2023

May 25, 2023, 03:01 PM IST. Top 10 largest economies in the world. Shivani Tiwari. Source: IMF (GDP at current prices) Shivani Tiwari.China. $19.37 trillion.Japan. $4.41 trillion.Germany. $4.31 trillion.India. $3.74 trillion.United Kingdom. $3.16 trillion.France. $2.92 trillion.Italy. $2.17 trillion.

What are the top 3 GDP in the world

Biggest economies in 2021 by gross domestic product

Rank Country GDP in $ per capita
1 United States 70,219
2 China 12,618
3 Japan 39,827
4 Germany 51,204

Who has the 4th highest GDP

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 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%.

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.

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.

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%

Why is Japan’s GDP so high

Japan has developed a highly diversified manufacturing and service economy and is one of the world's largest producers of motor vehicles, steel, and high-technology manufactured goods (notably consumer electronics).

Who will be top 3 GDP in 2050

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 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.

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.

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.

What is the GDP projection for Vietnam in 2030

By 2030, Vietnam's average GDP per capita should reach USD7,500. The southeastern region should see the highest GDP per capita at USD14,500, and it should be followed by the Red Delta region at USD10,500. The country's average GDP per capita should climb to USD27,000–32,000 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.

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.

What is the largest economy in Asia

China

China has the largest economy in Asia, with a GDP of over $18 trillion. It is also the most powerful country in Asia, and second on the list of the 25 Most Powerful Countries in the World in 2023.

Is Japan’s economy better than us

If we measure by growth in real gross domestic product (GDP), without considering changes in population, Japan's economic growth is far behind that of the United States. From 2000 to 2015, its real GDP grew an average of 0.72 percent per year, while U.S. real GDP grew an average of 1.77 percent.

Which country will be richest in 2100

According to the scenario outlined in this article, China will retain this position until the mid-2060s, at which time its GDP will be surpassed by that of India. By 2100, India's GDP will I$ 294 trillion, 36% larger than that of then-second-placed China (Table 4).

What will be the richest country in 2030

If the projections used in the above video prove to be accurate, the largest economy in 2030 will be China with $64.2 trillion in GDP after adjusting for purchasing power parity (PPP). That's nearly $20 trillion more than India, which will be the second largest by that time.

Is Vietnam or Indonesia better

Attractions. Vietnam could be a better choice for travelers looking to get the most out of their itinerary due to the variety of activities and attractions. However, tourists who are looking to relax and enjoy some natural and cultural attractions are bound to appreciate what Indonesia has to offer.

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.