Which Country Has Highest GDP?

How strong is US economy?

Economy of the United StatesStatisticsGDP$20.8 trillion (2020 est.)GDP rank1st (nominal; 2019) 2nd (PPP; 2020)GDP growth3.0% (2018) 2.2% (2019) −4.3% (2020e) 3.1% (2021e)GDP per capita$63,051 (2020 est.)37 more rows.

Which is the poorest city in India?

Alirajpur districtAlirajpur district in Madhya Pradesh is the poorest in the country where 76.5 per cent of people are poor. Eradicating all forms of poverty is considered an “indispensable requirement for sustainable development” and “the greatest global challenge”.

Is India a rich country?

India has figured among the top 10 wealthiest countries in the world with a total individual wealth of $5,600 billion while the United States topped the chart. Over the past 5 years, China was the fastest growing wealthiest country in terms of dollar wealth growth. …

Which is the strongest economy in the world?

United StatesGDP by Country#CountryGDP per capita1United States$59,9392China$8,6123Japan$38,2144Germany$44,68056 more rows

What are the world’s top 5 economies?

The Top 20 Economies in the WorldUnited States.China.Japan.Germany.India.United Kingdom.France.Italy.More items…

What is a bad GDP?

Gross Domestic Product is the dollar value of all goods and services that have changed hands throughout an economy. Increasing GDP is a sign of economic strength, and negative GDP indicates economic weakness. … Genuine Progress Indicator is designed to improve on GDP by including more variables in the calculation.

How rich is the UK?

The UK’s net worth was estimated at £10.4 trillion in 2018, an average of £156,000 per person. Growth in the UK’s net worth was estimated at 3.0% or £297 billion between 2017 and 2018; this was the weakest annual growth since 2012, and below the compound annual growth between 2009 and 2018 of 4.9%.

Which is the fastest growing country?

List (2019)RankCountry/regionReal GDP growth rate (%)1South Sudan11.32Rwanda10.13Libya9.94Dominica9.2156 more rows

Who are the richest countries in the world?

Bigger countries with a relatively small population like Norway and the United Arab Emirates, two other oil and gas-rich powerhouses, round up the list of the top 10 richest nations according to the International Monetary Fund (IMF)….Qatar.Macao. … Luxembourg. … Singapore. … Brunei Darussalam. … Ireland. … Norway. … United Arab Emirates. … More items…•

Who is poor state in India?

Bihar, Uttar Pradesh, Manipur, Jharkhand, and Assam, are the top 5 poorest states in terms of NSDP Per Capita. These five states have Net State Domestic Product Per Capita below Rs. 80,000 per annum.

Which country has highest GDP in 2019?

The 20 countries with the largest gross domestic product (GDP) in 2019 (in billion U.S. dollars)GDP in billion U.S. dollarsUnited States21,439.45China14,140.16Japan5,154.48Germany3,863.349 more rows•Jun 9, 2020

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 beautiful state in India?

KeralaReferred to as ‘God’s Own Country’, Kerala is one of India’s prettiest states. It is home to some of the country’s most stunning beaches, including Kovalam, Muzhappilangad, Varakala and many more.

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.

Is it possible to buy a country?

Apparently, you can’t really buy a country. … The point is, the idea of just amassing a lot of money and then making an offer to a country in need of some funds is basically a pipe dream. If you are committed to the dream, there are some opportunities to start your own country. Buying islands are very real.

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.

Which country has highest GDP in 2020?

10 countries with the highest GDP in 2020: US is No 1, find out where India ranksNo 4: Germany | GDP: $4.00 trillion (Image: Reuters)No 3: Japan | GDP: $4.97 trillion (Image: Reuters)No 2: China | GDP: $13.4 trillion (Image: Reuters)No 1: United States | GDP: $20.49 trillion (Image: Reuters)More items…•

Which country has lowest GDP?

TuvaluTuvalu is the world’s smallest national economy, with a GDP of about $32 million, because of its very small population, a lack of natural resources, reliance on foreign aid, negligible capital investment, demographic problems, and low average incomes.

What are the top 50 richest countries in the world?

50 Richest Countries per Capita: Population SizesSingapore. 5,770,000.Qatar. 2,802,000.Ireland. 5,009,000.Switzerland. 8,647,000.Norway. 5,389,000.United States. 330,005,000.Brunei Darussalam. 461,000.Macao. 680,000.More items…•

Who are the top 10 countries for GDP?

Top 10 largest economies in the worldUnited States. In 2019, the nominal GDP of the US is expected to exceed USD 21 trillion. … China. The Chinese economy has witnessed an astonishing growth over the last few decades. … Japan. … Germany. … United Kingdom. … India. … France. … Brazil.More items…•

Which is the richest state in India?

MAHARASHTRA BAGS NUMBER ONE POSITION AS RICHEST STATE IN COUNTRY – NINE MORE IN TALLYPCP News Pune (Spl Corres) : Maharashtra is declared as the richest state in India. … Tamil Nadu is the second richest state of India. … Karnataka is the third wealthiest state in India.More items…•