Top 25 Most Powerful Economies in the World [1980 - 2026]
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- Опубліковано 1 січ 2022
- Top 25 highest nominal GDP in the world - Most powerful economies in the world
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Data: www.imf.org/external/datamapp...
I. GDP definition and explain
Gross Domestic Product (GDP) is used to provide a snapshot of a country’s monetary market value of all final goods and services that the country has made during a specific period.
GDP helps to provide a country’s economy using expenditures, production, and incomes.
GDP of a nation is an estimate of the total value of all the goods and services it produced throughout a specific period (usually done a quarter or a year).
While 2020 is the most recent annual data available for these countries, the COVID-19 pandemic has had a major impact on economies around the world.
Because it has slashed energy prices, cratered tourism, lowered trade volumes, and shuttered stores due to quarantines, countries have experienced record-breaking declines in GDP.
Although many economies had begun to recover in the third quarter of 2020, the vast majority of the top 25 countries experie`tive GDP growth for the year.
III. TOP 5 by Nominal GDP - IMF Data
5. United Kingdom
The United Kingdom has the fifth largest economy in the world. It had a GDP of $2.72 trillion in 2019, down 9.7% from the prior year.
The U.K. economy is driven by its large service sector, particularly in finance, insurance, and business services.
The nation’s extensive trading relationship with continental Europe has been greatly complicated by the resolution of Brexit subsequent to the 2016 vote to leave the European Union (E.U.).
As of Jan. 31, 2020, the U.K. is officially not a member of the E.U., but contentious negotiations over trade relations between the two are ongoing.
4. Germany
Fourth among world economies is Germany, with a 2020 GDP of $3.85 trillion. Germany is also Europe’s largest economy.
Germany is a top exporter of vehicles, machinery, chemicals, and other manufactured goods and has a highly skilled workforce.
Germany, however, faces some demographic challenges to its economic growth. Its low fertility rate makes replacing its aging workforce more difficult, and its high levels of net immigration strain its social welfare system.
3. Japan
Japan is the third largest economy in the world. Its GDP crossed the $5 trillion mark in 2019.
Strong co-operation between government and industry and advanced technological know-how have built Japan’s manufacturing and export-oriented economy.
Many major Japanese businesses are organized as networks of interlinked companies known as keiretsu.
After the Lost Decade of the 1990s and the impact of the global Great Recession, Japan has seen an uptick in growth in recent years under the policies of former Prime Minister Shinzo Abe.
However, Japan is poor in natural resources and dependent on energy imports, especially after the general shutdown of its nuclear power industry following the 2011 Fukushima disaster.
Japan has also struggled with a rapidly aging population.
2. China
China has the world’s second largest nominal GDP in current dollars and the largest in terms of PPP.
With annual growth that consistently outpaces that of the United States, China may be on track to become the largest economy in the world by nominal GDP in the years to come.
As China has progressively opened its economy over the past four decades, economic development and living standards have greatly improved.
As the government has gradually phased out collectivized agriculture and industry, allowed greater flexibility for market prices, and increased the autonomy of businesses, foreign and domestic trade and investment have taken off.
Coupled with an industrial policy that encourages domestic manufacturing, this has made China the world’s number one exporter.
Despite these advantages, China faces some significant challenges, such as a rapidly aging population and severe environmental degradation.
1. United States
The United States’ economy is the largest in the world as measured by nominal GDP.
The biggest contributor to that GDP is the economy’s service sector, which includes finance, real estate, insurance, professional and business services, and healthcare.
The United States has a relatively open economy, facilitating flexible business investment and foreign direct investment in the country.
It is the world’s dominant geopolitical power and is able to maintain a large external national debt as the producer of the world’s primary reserve currency.
The U.S. economy is at the forefront of technology in many industries, but it faces rising threats in the form of economic inequality, rising healthcare and social safety net costs, and deteriorating infrastructure.
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Wow...cool man. Argentina in 1980 at rank 9 bigest economic in the world...after that down down down...and then gone.till now...
Debt Trap Cursed. In Islam Debt and Interest was Haram or forbidden. It's like blood and sweat sucked when bankir doing nothing (working or make added valued)
Indonesia From Asean💪
still poor country
Hola! ¿Podrán hacer un gráfico que señale la posesión de armas de fuego entre los ciudadanos de cada país?
Yeman first
wow mantap guys infonya, indonesia rengking 15 in the world , the best asean, nomber 1 asean 💖💖💖🇮🇩💪💪👍
Fuck you. No1 japan
印度尼西亚，十年内有可能进入前五。
😂😂😂 Due to 300 million people and many resources, digging it up and selling it increases😂
The data ist not correct and not updated either.
Brazil, the king of Latin América
O Brasil é o "VICE-IMPERADOR" ...
nas 3 Américas ( 1500 à 2100 ) !!!
Năm 2000 trung quốc được 1200 tỷ đô la nhưng 20 năm sau họ lên 15000 tỷ đô họ đã làm như thế nào tôi không thể hiểu
Made in China
I think china gdp is fake about 40% more by China government it's very possible
Indonesia king of Asean
Bullshit prediction 😅
This is outdated. The numbers are very different as of now.
This is fake!
iran is 2 t as of 2022?
1.1 t
BOGUS FAKE data
BC
Secondly, this is sophomorically in direct usd fx. Economists measure economies in PPP or neutral dollars.
🇮🇹💪 8 th.
8th, what?
Indonesia belum bisa ngalahin Meksiko 😢
Masa depan nya lebih cerah Indo. Apple sudah bangun pabrik di India. Tesla juga mau menyusul setelah China. Industry maju setelah UMR Asia timur yang tinggi akan pindah ke Asia tenggara dan India. Emang ada negara benua Amerika yang tergolong negara maju selain canada dan USA 😂 , rata2 negara jajahan spanyol dan negara Portugis itu negara miskin
Lihat diakhir video Indonesia sudah menggungguli mexico
作為一個只有2300萬人口的國家來說，我們台灣能有這樣出色的成績，並且能與好幾千萬甚至上億人口的大國一樣榜上有名，擠身世界前幾大經濟體。我以身為台灣人為榮
经国先生居功至伟，这么好的领导人在你们那边
作為一個美國人，我非常自豪地稱台灣為好朋友。
台灣人有很多值得敬佩的地方。最完美的情況是中華民國重新控制中國大陸。
一個自由民主的中國將成為世界其他國家的好朋友。
保持安全並保持警惕，我的朋友！
As an American, I am very proud to call Taiwan a good friend.
There are many things about Taiwanese people that are very admirable. The perfect situation would be for the Republic of China to regain control of mainland China.
A free and democratic China would be a great friend to the rest of the world.
Stay safe and stay alert, my friend!
you China
@@quasimotto8653 你说的最完美的情况无法发生。在台湾中华民国已经和中国大陆失去了链接，即使大陆将来有制度的变化，在台湾的中华民国政权也没法回到中国大陆。
@@user-st3eg7el4u 如果你说的是真的，两国必须保持分离，那么我希望中国大陆也能有一个自由民主的政府。
我不想看到中国人民受苦。
Bunkum. The figures are all wrong.
🇮🇷🌹💝
Iran 😔
VN tao đâu
Hơi đâu mà tin mấy cái tào lao này. Bọn nước ngoài cứ nhìn vào đây rồi cãi nhau om tỏi. Buồn cười
Bro don't worry this is fake
@@blackassasin2239 you say that because your country is not listed in that. Lol
I'm from the philippines and when marcos becomes president again he will be one of the richest and strongest.idiot
Bro, you make our country worse
You can’t say they are the strongest
👎👎👎👎👎👎
Hahaha,, that a fake,, Russian county is richest for me,,
Wow iran🇮🇷🇮🇷🇮🇷🇮🇷🇮🇷
Indonesia maju di tangan SBY
INDONESIA in 2030 will be the top 4 in the world.
应该是第五名
NÃO há verdade nesta sua + EXAGERADA ESPECULAÇÃO ( tolice advinhatória NÃO dá alguma , realidade favorável , na prática ) !!!
1980 did you forget the Soviet Union? Seriously?