Question: Which Country Has The Highest GNP?

What country has the highest gross national product?

According to the International Monetary Fund, these are the highest ranking countries in the world in nominal GDP:United States (GDP: 20.49 trillion)China (GDP: 13.4 trillion)Japan: (GDP: 4.97 trillion)Germany: (GDP: 4.00 trillion)United Kingdom: (GDP: 2.83 trillion)France: (GDP: 2.78 trillion)More items….

Which country has the highest GNP per capita?

In 2014, Luxembourg, Norway, Qatar, and Switzerland reported the highest gross domestic product per capita worldwide, as can be seen in this statistic….The 20 countries with the largest gross domestic product (GDP) per capita in 2019 (in U.S. dollars)GDP per capita in U.S. dollarsLuxembourg113,196.4912 more rows•Jun 2, 2020

What are the 10 largest economies in the world?

United States. U.S. Nominal GDP: $21.44 trillion – U.S. GDP (PPP): $21.44 trillion. … China. China Nominal GDP: $14.14 trillion – China GDP (PPP): $27.31 trillion. … Japan. Japan Nominal GDP: $5.15 trillion- Japan GDP (PPP): $5.75 trillion. … Germany. … India. … United Kingdom. … France. … Italy.More items…

How did China develop so fast?

China’s strong productivity growth, spurred by the 1978 market-oriented reforms, is the leading cause of China’s unprecedented economic performance. Despite significant obstacles relating to the measurement of economic variables in China, these findings hold up after various tests for robustness.

What’s the poorest continent?

AfricaHowever, despite being so richly endowed, and despite the mining boom of the past decade, Africa has drawn little benefit from this mineral wealth and remains one the poorest continents on the globe, with almost fifty per cent of the population living on less than $1.25 per day.

Is the US a high income country?

The World Bank defines a high-income country as one that has a gross national income per capita exceeding $12,056. Some of these countries, such as the United States, have held this classification consistently since the 1980s. …

Which country has the lowest GNP?

The 20 countries with the lowest gross domestic product (GDP) per capita in 2019 (in U.S. dollars)GDP per capita in U.S. dollarsSouth Sudan275.18Burundi309.87Eritrea342.6Malawi370.759 more rows•Jun 2, 2020

What country has the best education?

United States. #1 in Education Rankings. #2 out of 80 in 2019. … United Kingdom. #2 in Education Rankings. … Canada. #3 in Education Rankings. … Germany. #4 in Education Rankings. … France. #5 in Education Rankings. … Switzerland. #6 in Education Rankings. … Australia. #7 in Education Rankings. … Sweden. #8 in Education Rankings.More items…

What country is #1 in economy?

United States1. United States: USD 24.9 trillion in 2023. FocusEconomics panelists see the U.S. retaining its title as the world’s largest economy, with a forecast for nominal GDP of USD 24.9 trillion in 2023.

Which is the best country to live?

Canada. #1 in Quality of Life Rankings. … Denmark. #2 in Quality of Life Rankings. … Sweden. #3 in Quality of Life Rankings. … Norway. #4 in Quality of Life Rankings. … Australia. #5 in Quality of Life Rankings. … Netherlands. #6 in Quality of Life Rankings. … Switzerland. #7 in Quality of Life Rankings. … New Zealand.More items…

Who are the richest countries in the world?

AdvertisementRankCountryGDP-PPP ($)1Qatar132,8862Macao SAR114,3633Luxembourg108,9514Singapore103,181104 more rows•Aug 3, 2020

Who list of low income countries?

List of Low-Income CountriesAfghanistan.Bangladesh.Benin.Burkina Faso.Burundi.Central African Republic.Chad.Comoros.More items…

What is the world’s poorest country?

Niger1. Niger. A combination of a GNI per capita of $906, life expectancy of 60.4 years, and a mean 2 years of schooling (against an expected 5.4) lead to Niger topping the UN’s human development report as the world’s poorest country.

Who has the strongest economy in the world?

Top 10 Biggest Economies in 2020China: $29.47T.United States: $22.32T.India: $12.36T.Japan: $5.89T.Germany: $4.59T.Russia: $4.52T.Indonesia: $4.01T.Brazil: $3.60T.More items…•