The world's $80 trillion economy - in one chart
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The world's $80 trillion economy - in one chart

The world's $80 trillion economy - in one chart

When you see it to scale, the US shows its economic power

  • World’s top 10 economies together combine for 2/3rd of global GDP
  • The US still has the largest GDP at $19.4 trillion, making up 24.4% of the world economy
  • The next two largest economies are Japan ($4.9 trillion) and Germany ($4.6 trillion)

By: The World Economic Forum

The latest estimate from the World Bank puts global GDP at roughly $80 trillion in nominal terms for 2017.

Today’s chart from HowMuch.net uses this data to show all major economies in a visualization called a Voronoi diagram – let’s dive into the stats to learn more.

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The world's top 10 economies

Here are the world’s top 10 economies, which together combine for a whopping two-thirds of global GDP.

In nominal terms, the US still has the largest GDP at $19.4 trillion, making up 24.4% of the world economy.

While China’s economy is far behind in nominal terms at $12.2 trillion, you may recall that the Chinese economy has been the world’s largest when adjusted for purchasing power parity (PPP) since 2016.

Read more: FXTM Market Outlook for Q3 2019: Will we see synchronised monetary easing across global central banks?

The next two largest economies are Japan ($4.9 trillion) and Germany ($4.6 trillion) – and when added to the U.S. and China, the top four economies combined account for over 50% of the world economy.

Author
AMEinfo Staff

AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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