Largest Economies in the World

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Interactive MapIntroductionWorld’s Largest EconomiesBiggest Economies in the WorldBest Economy in the WorldList of Countries by GDPAfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCayman IslandsCentral African RepublicChadChileColombiaComorosCosta RicaCroatiaCubaCyprusCzech RepublicDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEast TimorEcuadorEgyptEl SalvadorEquatorial GuineaEstoniaEswatiniEthiopiaFaroe IslandsFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuamGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsle of ManIsraelItalyIvory CoastJamaicaJapanJordanKazakhstanKenyaKosovoKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMacauMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNorthern Mariana IslandsNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeople's Republic of ChinaPeruPhilippinesPolandPortugalPuerto RicoQatarRepublic of MacedoniaRepublic of the CongoRomaniaRussiaRwandaSan MarinoSão Tomé and PríncipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint MaartenSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSpainSri LankaSudanSurinameSwedenSwitzerlandSyriaTajikistanTanzaniaThailandThe BahamasThe GambiaTogoTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsUgandaUkraineUnited Arab EmiratesUnited KingdomUnited States of AmericaUnited States Virgin IslandsUruguayUzbekistanVanuatuVietnamYemenZambiaZimbabweFAQsWho has the largest economy in the world ?

Introduction

The global economy is a complex and interconnected system, with different countries playing different roles and contributing varying levels of wealth and economic activity. One way to measure a country’s economic strength is by looking at its Gross Domestic Product (GDP), which is the total value of goods and services produced within a country’s borders in a given period.

According to the latest available data from the World Bank, the United States of America is currently the world’s largest economy, with a GDP of over $23 trillion in 2021. The US has a highly diversified economy, with sectors such as finance, healthcare, technology, and manufacturing all contributing significantly to its GDP. The country’s robust infrastructure, favorable business climate, and well-educated workforce have also contributed to its economic success.

China is the second-largest economy in the world, with a GDP of over $17 trillion. The country has experienced rapid economic growth over the past few decades, thanks in part to its large population and abundant natural resources. China is now a major player in global trade and has become a hub for manufacturing and exporting goods to other countries. The country’s economy has also been supported by a massive government investment in infrastructure and technology.

Other countries in the top ten of the largest economies in the world include Japan, Germany, India, the United Kingdom, France, Italy, Canada, and South Korea. These countries have all established themselves as major economic powers, with diverse economies and significant contributions to global trade and commerce. While the rankings of these economies may fluctuate over time, they will continue to play a critical role in shaping the global economy in the years to come.

World’s Largest Economies

#CountryGDP
1United States of America23.3 trillion
2People's Republic of China17.7 trillion
3Japan4.9 trillion
4Germany4.3 trillion
5India3.2 trillion
6United Kingdom3.1 trillion
7France3 trillion
8Italy2.1 trillion
9Canada2 trillion
10South Korea1.8 trillion
11Russia1.8 trillion
12Brazil1.6 trillion
13Australia1.6 trillion
14Spain1.4 trillion
15Mexico1.3 trillion
16Indonesia1.2 trillion
17Netherlands1 trillion
18Saudi Arabia834 billion
19Turkey819 billion
20Switzerland801 billion
21Poland679 billion
22Sweden636 billion
23Belgium594 billion
24Thailand506 billion
25Ireland504 billion
26Israel489 billion
27Argentina487 billion
28Norway482 billion
29Austria480 billion
30Nigeria441 billion
31South Africa419 billion
32Bangladesh416 billion
33United Arab Emirates415 billion
34Egypt404 billion
35Denmark398 billion
36Singapore397 billion
37Philippines394 billion
38Malaysia373 billion
39Hong Kong369 billion
40Vietnam366 billion
41Iran360 billion
42Pakistan348 billion
43Chile317 billion
44Colombia314 billion
45Finland297 billion
46Romania284 billion
47Czech Republic282 billion
48Portugal254 billion
49New Zealand250 billion
50Peru223 billion
51Greece215 billion
52Iraq208 billion
53Ukraine200 billion
54Kazakhstan197 billion
55Hungary182 billion
56Qatar180 billion
57Algeria163 billion
58Morocco143 billion
59Slovakia117 billion
60Ethiopia111 billion
61Kenya110 billion
62Cuba107 billion
63Puerto Rico107 billion
64Ecuador106 billion
65Kuwait106 billion
66Dominican Republic94 billion
67Sri Lanka89 billion
68Oman88 billion
69Guatemala86 billion
70Luxembourg86 billion
71Bulgaria84 billion
72Ghana78 billion
73Ivory Coast70 billion
74Uzbekistan69 billion
75Croatia69 billion
76Belarus68 billion
77Tanzania68 billion
78Angola67 billion
79Lithuania66 billion
80Myanmar65 billion
81Costa Rica64 billion
82Panama64 billion
83Serbia63 billion
84Slovenia62 billion
85Uruguay59 billion
86Democratic Republic of the Congo55 billion
87Azerbaijan55 billion
88Tunisia47 billion
89Jordan46 billion
90Cameroon45 billion
91Turkmenistan45 billion
92Libya43 billion
93Uganda41 billion
94Bolivia40 billion
95Latvia40 billion
96Paraguay39 billion
97Bahrain39 billion
98Estonia37 billion
99Nepal36 billion
100Sudan34 billion
101Macau30 billion
102El Salvador29 billion
103Honduras28 billion
104Cyprus28 billion
105Zimbabwe28 billion
106Senegal28 billion
107Cambodia27 billion
108Papua New Guinea27 billion
109Iceland26 billion
110Trinidad and Tobago24 billion
111Bosnia and Herzegovina23 billion
112Lebanon23 billion
113Zambia22 billion
114Yemen22 billion
115Haiti21 billion
116Gabon20 billion
117Burkina Faso20 billion
118Mali19 billion
119Laos19 billion
120Georgia19 billion
121Albania18 billion
122Botswana18 billion
123Malta17 billion
124Benin17 billion
125Guinea16 billion
126Mozambique16 billion
127Mongolia15 billion
128Niger15 billion
129Afghanistan15 billion
130Jamaica15 billion
131Madagascar14 billion
132Nicaragua14 billion
133Brunei14 billion
134Armenia14 billion
135Republic of Macedonia14 billion
136Moldova14 billion
137Republic of the Congo13 billion
138Malawi13 billion
139Namibia12 billion
140Equatorial Guinea12 billion
141Chad12 billion
142Mauritius12 billion
143The Bahamas11 billion
144Syria11 billion
145Rwanda11 billion
146New Caledonia10 billion
147Mauritania10 billion
148Kosovo9 billion
149Tajikistan9 billion
150Monaco9 billion
151Kyrgyzstan9 billion
152Togo8 billion
153Guyana8 billion
154Somalia8 billion
155Isle of Man7 billion
156Bermuda7 billion
157Guam6 billion
158Liechtenstein6 billion
159Cayman Islands6 billion
160Montenegro6 billion
161Maldives5 billion
162Barbados5 billion
163Eswatini5 billion
164Fiji4 billion
165United States Virgin Islands4 billion
166Sierra Leone4 billion
167Faroe Islands4 billion
168East Timor4 billion
169Liberia4 billion
170Djibouti3 billion
171Andorra3 billion
172Aruba3 billion
173Suriname3 billion
174Burundi3 billion
175Bhutan3 billion
176Central African Republic3 billion
177Lesotho2 billion
178Belize2 billion
179The Gambia2 billion
180Guinea-Bissau2 billion
181Solomon Islands2 billion
182San Marino2 billion
183Antigua and Barbuda1 billion
184Seychelles1 billion
185Comoros1 billion
186Sint Maarten1 billion
187Northern Mariana Islands1 billion
188Grenada1 billion
189Vanuatu956 million
190Turks and Caicos Islands943 million
191Dominica554 million
192São Tomé and Príncipe527 million
193Federated States of Micronesia404 million
194Marshall Islands260 million
195Palau218 million
196Nauru133 million

Biggest Economies in the World

The ten biggest economies in the world, based on their GDPs, are the US, China, Japan, Germany, India, the UK, France, Italy, Canada, and South Korea.

The United States of America is the biggest economy in the world, with a GDP of over 23 trillion dollars. China follows close behind as the second biggest economy in the world, with a GDP of 17.7 trillion dollars; however, this figure is rapidly growing as China continues to invest heavily in economic development. The third place for the biggest economy goes to Japan, which has an estimated GDP of 4.9 trillion dollars.

Then comes Germany, with a GDP of 4.2 trillions, in fourth place for biggest economy in the world. India comes fifth on the list of biggest economies in the world with an estimated GDP of 3.1 trillion dollars – with over 1 billion people living in India, this gives it one of the highest population-based economies in the world. The United Kingdom is the sixth biggest economy in the world, with a GDP of $3.1T. France is in seventh place for biggest economies with a GDP of $2.9 trillion, while Italy is in eighth place with a GDP of $2.1 trillion. Canada ranks ninth biggest economy in the world with a GDP of $1.9 trillion, and South Korea rounds out the top 10 list for biggest economies in the world with a GDP of $1.8 trillion.

Here is a list of the top economies in the world, in terms of their GDP :

1. United States of America – $23,3T
2. People’s Republic of China – $17,7T
3. Japan – $4,9T
4. Germany – $4,2T
5. India – $3,1T
6. United Kingdom – $3,1T
7. France – $2,9T
8. Italy – $2,1T
9. Canada – $1,9T
10. South Korea – $1,8T

Best Economy in the World

The United States of America remains the world’s top economy with a GDP of $23.3 trillion, according to data from the World Bank. The US has maintained this position for a while, thanks to its advanced and diversified economy. The country is home to some of the world’s largest corporations, including Apple, Microsoft, and Amazon, which have contributed significantly to its economic growth. The US economy is also supported by a strong financial sector, a robust infrastructure, and a skilled workforce. Despite the impact of the COVID-19 pandemic on the US economy, the country’s economic resilience and adaptability have helped it to maintain its position as the world’s leading economy.

List of Countries by GDP

Afghanistan

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GDP

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15 billion

Ranked in the World

#129

Albania

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18 billion

Ranked in the World

#121

Algeria

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163 billion

Ranked in the World

#57

Andorra

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3 billion

Ranked in the World

#171

Angola

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67 billion

Ranked in the World

#78

Antigua and Barbuda

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1 billion

Ranked in the World

#183

Argentina

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487 billion

Ranked in the World

#27

Argentina is the twenty-seventh largest economy, with a GDP of $487.2 billion. The country has a diverse economy, with key industries including agriculture, manufacturing, and mining. However, Argentina has struggled with high inflation and debt in recent years, leading to economic instability.

Armenia

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14 billion

Ranked in the World

#134

Armenia has the one hundred thirty-fourth largest economy in the world with a GDP of $13,861,409,969 USD. The country's economy is heavily dependent on its agricultural sector, which employs a significant portion of the population. However, in recent years, the government has made efforts to diversify the economy and encourage growth in other sectors such as technology and tourism. In spite of this diversification, Armenia still faces a number of economic challenges, including a high poverty rate, limited natural resources, and a complex geopolitical environment.

Aruba

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3 billion

Ranked in the World

#172

Australia

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1.6 trillion

Ranked in the World

#13

Thirteenth on the list of largest economies in the world is Australia, with a GDP of $1,5 trillion. Australia has a mixed-market economy that is dominated by the service sector. The country is a leading producer of coal, iron ore, and natural gas, and also has a thriving agricultural industry. In recent years, Australia has made significant investments in the technology and service sectors and has become an important player in the global innovation space.

Austria

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GDP

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480 billion

Ranked in the World

#29

Austria is the twenty-ninth largest economy, with a GDP of $480.3 billion. The country has a highly developed service sector, particularly in the areas of tourism and finance. Austria is also known for its strong manufacturing industry, with key products including machinery, vehicles, and processed foods.

Azerbaijan

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55 billion

Ranked in the World

#87

Bahrain

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39 billion

Ranked in the World

#97

Bangladesh

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416 billion

Ranked in the World

#32

Bangladesh has the thirty-second largest economy in the world with a GDP of $416,264,942,893 USD. The country's economy is largely driven by its garment and textile industry which accounts for a significant portion of its export earnings. Agriculture is another important sector, employing over half of the workforce and accounting for a significant portion of the country's GDP. In recent years, Bangladesh has also been focusing on developing its services sectors with particular emphasis on Information and Communications Technology sector. Despite significant progress in reducing poverty and achieving economic growth, Bangladesh still faces challenges including poor infrastructure, political instability, and vulnerability to natural disasters.

Barbados

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5 billion

Ranked in the World

#162

Belarus

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68 billion

Ranked in the World

#76

Belgium

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594 billion

Ranked in the World

#23

Belgium is the twenty-third largest economy, with a GDP of $594.1 billion. The country is known for its strong manufacturing sector, particularly in the areas of chemicals, machinery, and food processing. It is also home to the headquarters of the European Union and NATO.

Belize

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2 billion

Ranked in the World

#178

Benin

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17 billion

Ranked in the World

#124

Bermuda

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7 billion

Ranked in the World

#156

Bhutan

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3 billion

Ranked in the World

#175

Bolivia

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40 billion

Ranked in the World

#94

Bosnia and Herzegovina

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23 billion

Ranked in the World

#111

Botswana

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18 billion

Ranked in the World

#122

Brazil

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1.6 trillion

Ranked in the World

#12

Brazil takes the twelfth spot with a GDP of $1,6 trillion Brazil is the largest economy in Latin America and has a diversified economy with thriving agricultural, mining, and manufacturing industries. The country is also a significant producer of oil and has recently made major strides in the technology and service sectors.

Brunei

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14 billion

Ranked in the World

#133

Bulgaria

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84 billion

Ranked in the World

#71

Burkina Faso

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20 billion

Ranked in the World

#117

Burundi

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3 billion

Ranked in the World

#174

Cambodia

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27 billion

Ranked in the World

#107

Cameroon

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45 billion

Ranked in the World

#90

Canada

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2 trillion

Ranked in the World

#9

Canada ranks ninth largest economy in the world, with a GDP of $1.9 trillion, with a highly developed service sector and a strong natural resources sector, especially in oil and gas.

Cayman Islands

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6 billion

Ranked in the World

#159

Central African Republic

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3 billion

Ranked in the World

#176

Chad

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12 billion

Ranked in the World

#141

Chile

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317 billion

Ranked in the World

#43

Forty-third largest economy is Chile, with a GDP of $317 billion. Chile is one of the most stable and prosperous countries in South America, with a diversified economy that is heavily reliant on its mining and agricultural sectors. The country is also home to a growing tech industry, particularly in the areas of renewable energy and cybersecurity.

Colombia

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314 billion

Ranked in the World

#44

Forty-fourth on the list for largest economies is Colombia, with a GDP of $314,4 billion. Colombia is the fourth-largest economy in Latin America, with a diversified economy that includes significant agricultural, manufacturing, and service sectors. The country has made significant progress in recent years in reducing poverty and improving social indicators.

Comoros

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1 billion

Ranked in the World

#185

Costa Rica

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64 billion

Ranked in the World

#81

Croatia

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69 billion

Ranked in the World

#75

Cuba

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107 billion

Ranked in the World

#62

Cyprus

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28 billion

Ranked in the World

#104

Czech Republic

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282 billion

Ranked in the World

#47

Forty-seventh largest economy is the Czech Republic, with a GDP of $281,7 billion. The Czech Republic is a highly developed economy that is heavily reliant on its manufacturing and export sectors. The country is also a major producer of beer and is home to several major automotive manufacturers, including Skoda and Volkswagen.

Democratic Republic of the Congo

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55 billion

Ranked in the World

#86

Denmark

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398 billion

Ranked in the World

#35

Denmark has a GDP of $398.3 billion, making it the 35th largest economy in the world. Denmark is a high-income, mixed economy with a strong welfare state, a highly educated workforce, and a focus on renewable energy and sustainable development. The country has also developed a highly advanced transport and logistics sector and is known for its design and innovation industries.

Djibouti

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3 billion

Ranked in the World

#170

Dominica

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554 million

Ranked in the World

#191

Dominican Republic

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94 billion

Ranked in the World

#66

East Timor

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4 billion

Ranked in the World

#168

Ecuador

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106 billion

Ranked in the World

#64

Egypt

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404 billion

Ranked in the World

#34

Egypt has a GDP of $404.1 billion, making it the 34th largest economy in the world. Egypt is a lower-middle-income country with a mixed economy, a large tourism industry, and significant natural resources such as oil, gas, and minerals. The country has made progress in economic reforms and diversifying its economy, but it still faces challenges such as high levels of poverty, unemployment, and political instability.

El Salvador

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29 billion

Ranked in the World

#102

Equatorial Guinea

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12 billion

Ranked in the World

#140

Estonia

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37 billion

Ranked in the World

#98

Eswatini

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5 billion

Ranked in the World

#163

Ethiopia

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111 billion

Ranked in the World

#60

Faroe Islands

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4 billion

Ranked in the World

#167

Federated States of Micronesia

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404 million

Ranked in the World

#193

Fiji

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4 billion

Ranked in the World

#164

Finland

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297 billion

Ranked in the World

#45

Forty-fifth largest economy in the world is Finland, with a GDP of $297,3 billion. Finland is a highly developed economy with a strong emphasis on technology and innovation. The country is home to several major technology companies, including Nokia and Rovio (the makers of Angry Birds), and has a highly skilled and educated workforce.

France

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3 trillion

Ranked in the World

#7

France comes in seventh largest economy with a GDP of $2.9 trillion, with a strong manufacturing sector and a highly developed service sector.

Gabon

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20 billion

Ranked in the World

#116

Georgia

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19 billion

Ranked in the World

#120

Germany

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4.3 trillion

Ranked in the World

#4

Germany is fourth on the list of largest economies in the world, with a GDP of $4.2 trillion, and its economy is highly focused on exports, especially in the automotive and machinery sectors.

Ghana

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78 billion

Ranked in the World

#72

Greece

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215 billion

Ranked in the World

#51

Grenada

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1 billion

Ranked in the World

#188

Guam

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6 billion

Ranked in the World

#157

Guatemala

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86 billion

Ranked in the World

#69

Guinea

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16 billion

Ranked in the World

#125

Guinea-Bissau

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2 billion

Ranked in the World

#180

Guyana

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8 billion

Ranked in the World

#153

Haiti

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21 billion

Ranked in the World

#115

Honduras

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28 billion

Ranked in the World

#103

Hong Kong

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369 billion

Ranked in the World

#39

Thirty-ninth on the list for largest economies in the world is Hong Kong, with a GDP of $369 billion. Despite facing significant political turmoil in recent years, Hong Kong remains one of the world's major financial centers and a gateway to China. The city's economy is characterized by its highly developed financial sector, world-class port, and robust trade relationships with both mainland China and the rest of the world.

Hungary

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182 billion

Ranked in the World

#55

Iceland

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26 billion

Ranked in the World

#109

India

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3.2 trillion

Ranked in the World

#5

India has the fifth largest economy in the world with a GDP of $3,176,295,065,497 USD. India's economy is characterized by a diverse mix of sectors, including agriculture, industry, and services. Moreover, India's vast population provides a large consumer market and a source of labor and has helped to attract foreign investment and drive economic growth. Lastly, the country's government has also implemented economic reforms to encourage foreign investment and create a more business-friendly environment. Ultimately, these factors have contributed to India’s rise as a major economic power.

Indonesia

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1.2 trillion

Ranked in the World

#16

Sixteenth on the list is Indonesia, with a GDP of $1,1 trillion. Indonesia is the largest economy in Southeast Asia and has a mixed economy that is heavily dependent on the service sector and the manufacturing industry. The country is a major producer of coal, crude palm oil, and other commodities, and also has a thriving tourism industry. Despite facing challenges such as infrastructure bottlenecks and regulatory uncertainty, Indonesia has managed to maintain a positive economic growth rate over the past few years.

Iran

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360 billion

Ranked in the World

#41

Forty-first largest economy is Iran, with a GDP of $359,7 billion. Iran's economy is heavily reliant on its vast oil and gas reserves, which account for the majority of the country's exports. However, Iran has faced significant economic challenges in recent years, including international sanctions and political instability.

Iraq

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208 billion

Ranked in the World

#52

Ireland

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504 billion

Ranked in the World

#25

Ireland is the twenty-fifth largest economy, with a GDP of $504.2 billion. The country has a highly developed pharmaceutical and technology industry, with major companies such as Google, Facebook, and Pfizer having operations there. Ireland has also seen significant growth in the renewable energy sector in recent years.

Isle of Man

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7 billion

Ranked in the World

#155

Israel

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489 billion

Ranked in the World

#26

Israel is the twenty-sixth largest economy, with a GDP of $488.5 billion. The country has a highly developed technology sector, particularly in the areas of cybersecurity, biotechnology, and aerospace. Israel also has a strong agricultural industry, and is a major exporter of fresh produce.

Italy

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2.1 trillion

Ranked in the World

#8

Italy is eighth on the list of largest economies in the world with a GDP of $2.1 trillion, and its economy is highly diversified, with a mix of industries such as manufacturing, tourism, and finance.

Ivory Coast

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70 billion

Ranked in the World

#73

Jamaica

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15 billion

Ranked in the World

#130

Japan

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4.9 trillion

Ranked in the World

#3

Japan ranks third largest economy in the world with a GDP of $4.9 trillion. Japan has a highly developed economy and is known for its technological advancements and strong manufacturing sector.

Jordan

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46 billion

Ranked in the World

#89

Kazakhstan

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197 billion

Ranked in the World

#54

Kenya

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110 billion

Ranked in the World

#61

Kosovo

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9 billion

Ranked in the World

#148

Kuwait

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106 billion

Ranked in the World

#65

Kyrgyzstan

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9 billion

Ranked in the World

#151

Laos

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19 billion

Ranked in the World

#119

Latvia

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40 billion

Ranked in the World

#95

Lebanon

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23 billion

Ranked in the World

#112

Lesotho

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2 billion

Ranked in the World

#177

Liberia

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4 billion

Ranked in the World

#169

Libya

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43 billion

Ranked in the World

#92

Liechtenstein

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6 billion

Ranked in the World

#158

Lithuania

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66 billion

Ranked in the World

#79

Luxembourg

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86 billion

Ranked in the World

#70

Macau

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30 billion

Ranked in the World

#101

Madagascar

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14 billion

Ranked in the World

#131

Malawi

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13 billion

Ranked in the World

#138

Malaysia

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373 billion

Ranked in the World

#38

With a GDP of $372.9 billion, Malaysia is the 38th largest economy in the world. Malaysia is a middle-income, mixed economy with a focus on manufacturing, tourism, and services. The country has made significant progress in reducing poverty and increasing access to education and healthcare, but it still faces challenges such as corruption and political polarization.

Maldives

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5 billion

Ranked in the World

#161

Mali

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19 billion

Ranked in the World

#118

Malta

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17 billion

Ranked in the World

#123

Marshall Islands

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260 million

Ranked in the World

#194

Mauritania

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10 billion

Ranked in the World

#147

Mauritius

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12 billion

Ranked in the World

#142

Mexico

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1.3 trillion

Ranked in the World

#15

Mexico is fifteenth on the list of largest economies in the world, with a GDP of $1,2. Mexico has a mixed economy that is heavily dependent on the service sector and manufacturing industry. The country is a major producer of oil and has a thriving agricultural sector as well. Despite facing challenges such as high levels of inequality and corruption, Mexico has managed to maintain a relatively stable economy.

Moldova

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14 billion

Ranked in the World

#136

Monaco

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9 billion

Ranked in the World

#150

Mongolia

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15 billion

Ranked in the World

#127

Montenegro

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6 billion

Ranked in the World

#160

Morocco

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143 billion

Ranked in the World

#58

Mozambique

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16 billion

Ranked in the World

#126

Myanmar

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65 billion

Ranked in the World

#80

Namibia

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12 billion

Ranked in the World

#139

Nauru

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133 million

Ranked in the World

#196

Nepal

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36 billion

Ranked in the World

#99

Netherlands

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1 trillion

Ranked in the World

#17

The Netherlands takes the seventeenth spot with a GDP of $1 trillion. The Netherlands has an open, mixed-market economy that is heavily dependent on foreign trade. The country is a major transportation hub and is home to several large international companies, particularly in the financial and technology sectors. The Netherlands is also known for its innovative agriculture practices and is a leading exporter of agricultural products.

New Caledonia

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10 billion

Ranked in the World

#146

New Zealand

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250 billion

Ranked in the World

#49

Forty-ninth largest economy in the world is New Zealand, with a GDP of $249,8 billion. New Zealand is a small, highly developed economy that is heavily reliant on its agricultural sector. The country is also home to a growing tech industry and is a major producer of wool, meat, and dairy products.

Nicaragua

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14 billion

Ranked in the World

#132

Niger

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15 billion

Ranked in the World

#128

Nigeria

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441 billion

Ranked in the World

#30

With a GDP of $440.8 billion, Nigeria is the 30th largest economy in the world. Nigeria is a middle-income, mixed economy, and emerging market with abundant natural resources, particularly oil. The country has made progress in diversifying its economy and has seen strong economic growth in recent years, but it still faces challenges such as high levels of poverty, corruption, and infrastructure deficits.

Northern Mariana Islands

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1 billion

Ranked in the World

#187

Norway

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482 billion

Ranked in the World

#28

Norway is the twenty-eighth largest economy, with a GDP of $482.1 billion. The country is known for its oil and gas industry, which has been a major source of wealth and economic growth. Norway also has a strong maritime industry and is a major exporter of fish and seafood.

Oman

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88 billion

Ranked in the World

#68

Pakistan

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348 billion

Ranked in the World

#42

Pakistan has the forty-second largest economy in the world with a GDP of $1348,262,544,719 USD. Pakistan's economy is largely driven by its agriculture and manufacturing sectors which account for a significant portion of its GDP. The services sector is also important and has been growing rapidly in recent years, particularly in areas such as IT, finance, and tourism. Yet, Pakistan faces a number of economic challenges that include high inflation, low levels of foreign investment, and a large trade deficit. The government has implemented economic reforms to address structural issues and promote growth, resulting in the country making progress in recent years in reducing poverty and increasing access to education and healthcare.

Palau

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218 million

Ranked in the World

#195

Panama

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64 billion

Ranked in the World

#82

Papua New Guinea

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27 billion

Ranked in the World

#108

Paraguay

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39 billion

Ranked in the World

#96

People's Republic of China

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17.7 trillion

Ranked in the World

#2

The People's Republic of China takes second place, with a GDP of $17.7 trillion. Over the past few decades, China has transformed from an agricultural-based economy to a manufacturing and export-based one, and more recently, a service-based economy.

Peru

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223 billion

Ranked in the World

#50

Fiftieth largest economy in the world is Peru with a GDP of $223,2 billion. Peru is a resource-rich country with a diverse economy that includes mining, manufacturing, and agriculture. The country is known for its production of copper, gold, and silver. Its main trading partners are China, the United States, and Brazil.

Philippines

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394 billion

Ranked in the World

#37

The Philippines has a GDP of $394 billion, making it the 37th largest economy in the world. The Philippines is a lower-middle-income, mixed economy with a focus on agriculture, manufacturing, and services. The country has made progress in reducing poverty and increasing foreign investment, but it still faces challenges such as high levels of inequality, corruption, and natural disasters.

Poland

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679 billion

Ranked in the World

#21

Poland is the twenty-first largest economy in the world, with a GDP of $679.4 billion. The country has seen significant economic growth since the fall of communism in 1989, and is now a major player in Central and Eastern Europe. Poland has a diverse economy, with key industries including information technology, automotive, and food processing.

Portugal

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254 billion

Ranked in the World

#48

Forty-eighth largest economy in the world is Portugal, with a GDP of $253,6 billion. Portugal is a developed economy that has made significant progress in recent years in reducing its budget deficit and improving its fiscal stability. The country is heavily reliant on its tourism sector, which accounts for a significant portion of its GDP.

Puerto Rico

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107 billion

Ranked in the World

#63

Qatar

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180 billion

Ranked in the World

#56

Republic of Macedonia

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14 billion

Ranked in the World

#135

Republic of the Congo

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13 billion

Ranked in the World

#137

Romania

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284 billion

Ranked in the World

#46

Forty-sixth on the list for largest economies is Romania, with a GDP of $284 billion. Romania is a rapidly developing economy that has made significant progress in recent years, particularly in the areas of infrastructure development and foreign investment. However, the country still faces significant challenges, including corruption and political instability.

Russia

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1.8 trillion

Ranked in the World

#11

Eleventh on the list of largest economies in the world is Russia, with a GDP of $1,7 trillion. Russia is the largest country in the world and has a diversified economy that heavily relies on natural resources, particularly oil and gas. The country is also one of the leading producers of industrial metals, such as steel and aluminum, and has a strong arms industry.

Rwanda

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11 billion

Ranked in the World

#145

San Marino

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2 billion

Ranked in the World

#182

São Tomé and Príncipe

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527 million

Ranked in the World

#192

Saudi Arabia

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834 billion

Ranked in the World

#18

Eighteenth on the list for largest economies is Saudi Arabia, with a GDP of $833 billion. Saudi Arabia has a heavily oil-dependent economy, with the petroleum industry accounting for a significant portion of the country's GDP. The country is also investing heavily in other sectors such as healthcare, education, and transportation, as part of its long-term economic diversification plan. Despite facing challenges such as declining oil prices and geopolitical tensions, Saudi Arabia has managed to maintain a stable economy.

Senegal

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28 billion

Ranked in the World

#106

Serbia

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63 billion

Ranked in the World

#83

Seychelles

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1 billion

Ranked in the World

#184

Sierra Leone

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4 billion

Ranked in the World

#166

Singapore

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397 billion

Ranked in the World

#36

With a GDP of $396.9 billion, Singapore is the 36th largest economy in the world. Singapore is a high-income, highly developed economy with a strong focus on international trade, finance, and technology. The country has a highly skilled workforce, a favorable business environment, and a highly developed infrastructure, but it also faces challenges such as high levels of income inequality and political restrictions.

Sint Maarten

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1 billion

Ranked in the World

#186

Slovakia

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117 billion

Ranked in the World

#59

Slovenia

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62 billion

Ranked in the World

#84

Solomon Islands

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2 billion

Ranked in the World

#181

Somalia

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8 billion

Ranked in the World

#154

South Africa

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419 billion

Ranked in the World

#31

South Africa has a GDP of $419 billion, making it the 31st largest economy in the world. South Africa is a mixed economy with abundant natural resources, well-developed financial, legal, and transport sectors, and a stock exchange that is the largest in Africa. However, the country still faces challenges such as high levels of unemployment, income inequality, and crime.

South Korea

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1.8 trillion

Ranked in the World

#10

South Korea is the tenth largest economy in the world, with a GDP of $1.8 trillion, with a strong manufacturing sector that includes electronics, automobiles, and shipbuilding.

Spain

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1.4 trillion

Ranked in the World

#14

Spain takes the fourteenth spot with a GDP of $1,4 trillion. Spain is the fourth-largest economy in the Eurozone and has a mixed-market economy that is dominated by the service sector. The country is a major producer of agricultural products and is also a leading manufacturer of automobiles and other transportation equipment. Despite facing economic difficulties during the Eurozone crisis, Spain has managed to recover and is currently experiencing economic growth.

Sri Lanka

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89 billion

Ranked in the World

#67

Sudan

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34 billion

Ranked in the World

#100

Suriname

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3 billion

Ranked in the World

#173

Sweden

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636 billion

Ranked in the World

#22

Sweden is the twenty-second largest economy, with a GDP of $635.7 billion. The country has a highly developed welfare state and is known for its strong social protections and progressive policies. Key industries include telecommunications, automotive, and pharmaceuticals.

Switzerland

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801 billion

Ranked in the World

#20

Twentieth largest economy in the world is Switzerland, with a GDP of $800.6 billion. The country has a highly developed service sector and is known for its strong banking and financial industry. It is also a major exporter of pharmaceuticals, chemicals, and watches.

Syria

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11 billion

Ranked in the World

#144

Tajikistan

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9 billion

Ranked in the World

#149

Tanzania

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68 billion

Ranked in the World

#77

Thailand

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506 billion

Ranked in the World

#24

Thailand is the twenty-fourth largest economy, with a GDP of $505.9 billion. The country is a major exporter of goods, particularly automobiles, electronics, and agricultural products. It is also a popular destination for tourism, with its beaches, temples, and vibrant street food scene.

The Bahamas

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11 billion

Ranked in the World

#143

The Gambia

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2 billion

Ranked in the World

#179

The Gambia has the one hundred seventy-ninth largest economy in the world with a GDP of $2,038,417,462 USD. The country's economy is largely driven by its agriculture and the production of peanuts, comprising 25% of the Gambia’s GDP. The services sector is also an important part of the economy, with tourism being a major contributor to foreign exchange earnings. Despite these sectors, the Gambia is one of the poorest countries in the world, with a high poverty rate and limited natural resources. The government has implemented economic reforms to address these challenges but the country still faces significant economic and social issues.

Togo

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8 billion

Ranked in the World

#152

Trinidad and Tobago

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24 billion

Ranked in the World

#110

Tunisia

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47 billion

Ranked in the World

#88

Turkey

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819 billion

Ranked in the World

#19

Nineteenth on the list of largest economies in the world is Turkey, with a GDP of $819 billion. Turkey has a mixed economy that is heavily dependent on the service sector and the manufacturing industry.

Turkmenistan

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45 billion

Ranked in the World

#91

Turks and Caicos Islands

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943 million

Ranked in the World

#190

Uganda

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41 billion

Ranked in the World

#93

Ukraine

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200 billion

Ranked in the World

#53

United Arab Emirates

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415 billion

Ranked in the World

#33

The United Arab Emirates has a GDP of $415 billion, making it the 33rd largest economy in the world. The UAE is a high-income, oil-rich country with a well-developed infrastructure, financial services sector, and tourism industry. The country has also diversified its economy into sectors such as aviation, renewable energy, and high-tech industries. However, the country still faces challenges such as a high dependence on oil exports and concerns about human rights.

United Kingdom

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3.1 trillion

Ranked in the World

#6

The United Kingdom ranks sixth largest economy in the world with a GDP of $3.1 trillion, with a highly developed service sector that is focused on finance, healthcare, and technology.

United States of America

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23.3 trillion

Ranked in the World

#1

The United States of America holds the first place on the list of the world's largest economies, with a GDP of $23.3 trillion. The US economy is highly diversified, with a mix of industries that range from technology to healthcare, energy, and finance.

United States Virgin Islands

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4 billion

Ranked in the World

#165

Uruguay

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59 billion

Ranked in the World

#85

Uzbekistan

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69 billion

Ranked in the World

#74

Vanuatu

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956 million

Ranked in the World

#189

Vietnam

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366 billion

Ranked in the World

#40

Fortieth on the list is Vietnam, with a GDP of $366 billion. Vietnam is one of the fastest-growing economies in Southeast Asia, driven in large part by its manufacturing and export sectors. The country has become an increasingly attractive destination for foreign investment, particularly in the electronics, textiles, and footwear industries.

Yemen

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22 billion

Ranked in the World

#114

Zambia

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22 billion

Ranked in the World

#113

Zimbabwe

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28 billion

Ranked in the World

#105

FAQs

Who has the largest economy in the world ?

The largest economy in the world is the United States, with a GDP of $23.3 trillion.

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