While they have good militaries.......they want to strike out......and kill off everything else..........they KNOW that is only a matter of time when China surpasses everyone........India and Brazil are coming along well........up and down.....but they have potential.
Projected GDP Ranking (2018-2023)
| Source | International Monetary Fund World Economic Outlook (April - 2018) |
| Date | 09 Jun 2018 |
Top Statistics
This ranking is based on projection by International Monetary Fund (IMF) outlook April 2018 for year
2018 and 2023.
In 2018, Top ten countries in nominal terms are : United States, China, Japan, Germany, United Kingdom, France, India, Italy, Brazil and Canada. In ppp terms, Top ten countries are : China, United States, India, Japan, Germany, Russia, Indonesia, Brazil, United Kingdom and France. In top 10, Eight countries are common in both method. Others two Italy and Canada are in top 10 on nominal basis, while Russia and Indonesia are in top 10 on ppp basis. Contribution of top ten economies is 67.1 percent and 61.54 percent of total global wealth in nominal and ppp terms, respectively.
In both methods, United States and China occupied first two place. US is the largest economy of world on nominal basis where as China is largest on ppp basis. US is ahead of China by $6320 billion in 2018. This margin may come down to $2963 in 2023. China has overtook US in 2014 on ppp basis. China will remain the world's largest economy on ppp basis over the next few decades as 2nd ranked US is growing slow and 3rd ranked India is way behind.
In nominal ranking, Gap between United Kingdom, France and India (5th to 7th) is very low, so India as a fast growing nation may overtake them within 1-2 year.
Among top ten world's largest economies, India has very low per capita income having 142th position in nominal and 126th position in ppp ranking. next lower ranked economy is china at 72th place in nominal and Indonesia at 99th place in ppp terms.
United States (1,9) is present in both list of top ten GDP and GDP per capita ranking at nominal terms. Germany (4,17), Canada (10,20), Australia (14,11), Netherlands (17,13) and Switzerland (20,2) are in top twenty list of both ranking. In PPP, no economy in top ten in both ranking. Four economies in both list of top 20: United States (2,12), Germany (5,18), Saudi Arabia (17,15) and Australia (19,20).
In 2018, Top ten countries in nominal terms are : United States, China, Japan, Germany, United Kingdom, France, India, Italy, Brazil and Canada. In ppp terms, Top ten countries are : China, United States, India, Japan, Germany, Russia, Indonesia, Brazil, United Kingdom and France. In top 10, Eight countries are common in both method. Others two Italy and Canada are in top 10 on nominal basis, while Russia and Indonesia are in top 10 on ppp basis. Contribution of top ten economies is 67.1 percent and 61.54 percent of total global wealth in nominal and ppp terms, respectively.
In both methods, United States and China occupied first two place. US is the largest economy of world on nominal basis where as China is largest on ppp basis. US is ahead of China by $6320 billion in 2018. This margin may come down to $2963 in 2023. China has overtook US in 2014 on ppp basis. China will remain the world's largest economy on ppp basis over the next few decades as 2nd ranked US is growing slow and 3rd ranked India is way behind.
In nominal ranking, Gap between United Kingdom, France and India (5th to 7th) is very low, so India as a fast growing nation may overtake them within 1-2 year.
Among top ten world's largest economies, India has very low per capita income having 142th position in nominal and 126th position in ppp ranking. next lower ranked economy is china at 72th place in nominal and Indonesia at 99th place in ppp terms.
United States (1,9) is present in both list of top ten GDP and GDP per capita ranking at nominal terms. Germany (4,17), Canada (10,20), Australia (14,11), Netherlands (17,13) and Switzerland (20,2) are in top twenty list of both ranking. In PPP, no economy in top ten in both ranking. Four economies in both list of top 20: United States (2,12), Germany (5,18), Saudi Arabia (17,15) and Australia (19,20).
| Rank | Country/Economy | GDP (Nominal) (billions of $) | Growth (%) | GDP per capita (Nominal) ($) | Continent | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2018 | % Share | diff | 2023 | Rank | 2018 | Rank | ||||
| 1 | United States | 20,412.87 | 23.3 | - | 24,537 | 1 | 2.27 | 62,152 | 9 | North America |
| 2 | China | 14,092.51 | 16.1 | 6320 | 21,574 | 2 | 6.86 | 10,088 | 72 | Asia |
| 3 | Japan | 5,167.05 | 5.90 | 8925 | 5,962 | 3 | 1.71 | 40,849 | 25 | Asia |
| 4 | Germany | 4,211.64 | 4.81 | 955 | 5,272 | 4 | 2.51 | 50,842 | 17 | Europe |
| 5 | United Kingdom | 2,936.29 | 3.36 | 1275 | 3,477 | 7 | 1.79 | 44,177 | 23 | Europe |
| 6 | France | 2,925.10 | 3.34 | 11.2 | 3,586 | 6 | 1.85 | 44,934 | 21 | Europe |
| 7 | India | 2,848.23 | 3.25 | 76.9 | 4,663 | 5 | 6.74 | 2,135 | 142 | Asia |
| 8 | Italy | 2,181.97 | 2.49 | 666 | 2,554 | 9 | 1.47 | 35,914 | 27 | Europe |
| 9 | Brazil | 2,138.92 | 2.44 | 43.1 | 2,717 | 8 | 0.98 | 10,224 | 71 | South America |
| 10 | Canada | 1,798.51 | 2.06 | 340 | 2,434 | 10 | 3.00 | 48,466 | 20 | North America |
| 11 | Russia | 1,719.90 | 1.97 | 78.6 | 1,974 | 12 | 1.55 | 11,947 | 65 | Europe |
| 12 | Korea | 1,693.25 | 1.94 | 26.7 | 2,155 | 11 | 3.09 | 32,775 | 29 | Asia |
| 13 | Spain | 1,506.44 | 1.72 | 187 | 1,875 | 14 | 3.05 | 32,559 | 31 | Europe |
| 14 | Australia | 1,500.26 | 1.71 | 6.18 | 1,958 | 13 | 2.27 | 59,655 | 11 | Oceania |
| 15 | Mexico | 1,212.83 | 1.39 | 287 | 1,586 | 15 | 2.04 | 9,723 | 74 | North America |
| 16 | Indonesia | 1,074.97 | 1.23 | 138 | 1,549 | 16 | 5.07 | 4,052 | 116 | Asia |
| 17 | Netherlands | 945.33 | 1.08 | 130 | 1,168 | 18 | 3.11 | 55,185 | 13 | Europe |
| 18 | Turkey | 909.89 | 1.04 | 35.4 | 1,224 | 17 | 7.05 | 11,114 | 68 | Asia |
| 19 | Saudi Arabia | 748.00 | 0.855 | 162 | 866.0 | 21 | -0.74 | 22,650 | 42 | Asia |
| 20 | Switzerland | 741.69 | 0.848 | 6.32 | 929.3 | 19 | 1.07 | 86,835 | 2 | Europe |
| 21 | Argentina | 625.92 | 0.715 | 116 | 831.7 | 22 | 2.86 | 14,044 | 60 | South America |
| 22 | Poland | 614.19 | 0.702 | 11.7 | 793.2 | 23 | 4.55 | 16,180 | 55 | Europe |
| 23 | Taiwan Province of China | 613.30 | 0.701 | 0.90 | ||||||
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