World Economy Ranking 2023 Get the Latest notification about World Economy Ranking 2023, Largest Economy Countries in 2023, Top 10 world biggest Economy. Today India is counted among the top five economies of the world and the tale behind it is very long. Know here the account of the journey of the Indian economy from 10th to 5th location.
World Economy Ranking 2023
If you are looking for full information about World Economy Ranking 2023. In this article, we will acquire a knowledge of about the World GDP 2023 Ranking. The United Nations said that India will continue to exist the fastest-growing major economy in the world this year, registering a growth rate of 5.8 percent, while the growth rate of the relax of the world is only 1.9 percent.
Now we discuss the world economy ranking of India (World Economy Ranking India) for 2023. not long ago India has become the fifth largest economy in the world by surpassing the United Kingdom. Now only the United States, China, Japan & Germany have big economies than India.
World Economy Ranking 2023 in Trillion
Before the current year’s over, World Economy Ranking 2023 will have crossed GDP ( World Gross domestic product 2023 Positioning) of 105$ Trillion. This Gross domestic product is determined based on earlier year World Economy by the Global Money related Asset (IMF).
World Economy Ranking 2023 Overview
| Post Title |
World Economy Ranking 2023 |
| Category |
News |
| Organization |
International Monetary Fund |
| Released by |
IMF |
| Year |
2023 |
| World Economy 2023 |
$105 Trillion |
| Website |
imf.org |
World Economy Ranking 2023 IMF
As per the Global Financial Asset, the US, China, and Japan are the world’s three biggest economies as estimated by ostensible Gross domestic product, individually. India’s development rate for the monetary year 2023-24 (World Gross domestic product Positioning 2023 India) is assessed to be 6.1%, somewhat more slow than the other world’s economies, however higher than the worldwide normal. In 2023, India will contribute around 15% to the worldwide development.
World Economy Ranking 2023 Top 10
- The United States– it has a nominal GDP of $21.44 trillion & ranks 1st among the world’s largest economies and second in the world for the roughly calculate value of natural resources.
- China – China is the world’s 2nd largest economy with a nominal GDP of $14.14 trillion & a GDP of $27.31 trillion.
- Japan– Japan is the world’s third biggest economy with a GDP of $5.15 trillion & a GDP (PPP) of $5.75 trillion
- 4) Germany– has a GDP of $4.0 trillion and a per capita GDP of $46,560, Germany is the 4th largest economy in the world.
- India– The Indian economy is project to emerge as the world’s fifth biggest economy with a GDP of $3.5 trillion in 2022.
- United Kingdom– The United Kingdom, with a GDP of $2.83 trillion, is the sixth biggest economy in the world. The UK is anticipate to become the seventh largest economy by 2023.
- France– With a nominal GDP of $2.71 trillion & a per capita GDP of $42,877.56, France is the third-largest economy in Europe and the 7th largest in the world.
- Italy– With a nominal GDP of $1.99 trillion, Italy is the eighth biggest economy in the world. Italy has an economy of $2.40 trillion and a per capita GDP of $34,260.34.
- Brazil – Brazil is the ninth largest economy in the world and the biggest and most populous country in Latin America with a nominal GDP of $1.85 trillion.
- Canada– With a GDP of $1.73 trillion & a GDP per capita of $46,260.71, Canada is the tenth biggest economy in the world. Canada’s GDP is anticipate to grow to $2.13 trillion by 2023.
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World Economy Ranking 2023 list
As indicated by the information of the Global Money related Asset and Visual Entrepreneur for October 2022, the rundown of the ten most extravagant nations ( World Economy Positioning 2023 Top 10 nations) of the world are given underneath.
- America, US$ 25.035 trillion
- China, US$ 18.321 trillion
- Japan, US$ 4.301 trillion
- Germany, US$ 4.031 trillion
- India, US$ 3.469 trillion
- UK, US$ 3.199 trillion
- France, US$ 2.778 trillion
- Canada, US$ 2.2 trillion
- Russia, US$ 2.113 trillion
- Italy, US $ 1.99 trillion
World Economy Ranking 2023 Rank & Country
| Rank & Country |
GDP (USD billion) |
GDP Per Capita (USD thousand) |
| #1 United States Of America (U.S.A) |
26,854 |
80.03 |
| #2 China |
19,374 |
13.72 |
| #3 Japan |
4,410 |
35.39 |
| #4 Germany |
4,309 |
51.38 |
| #5 India |
3,740 |
2.6 |
| #6 United Kingdom (U.K.) |
3,160 |
46.31 |
| #7 France |
2,924 |
44.41 |
| #8 Italy |
2,170 |
36.81 |
| #9 Canada |
2,090 |
52.72 |
| #10 Brazil |
2,080 |
9.67 |
World Economy Ranking 2023 Top 30
- United States of America
- China
- Japan
- Germany
- India
- United Kingdom
- France
- Italy
- Canada
- Brazil
- Russia
- South Korea
- Australia
- Mexico
- Spain
- Indonesia
- Netherland
- Saudi Arabia19. Turkey
- Switzerland
- Taiwan
- Poland
- Argentina
- Belgium
- Sweden
- Ireland
- Thailand
- Norway
- Israel
- Singapore
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Ques & Ans Related to World Economy Ranking 2023
What is the rank of India’s economy in 2023?
The rank of India’s Economy in 2023 is 5th in the world.
Who has the strongest economy in the world 2023?
United States is the world’s largest economy.
How big is the world economy in 2023?
The World’s GDP is 112.6 trillion in 2023 as against 103.86 trillion as on 2022, list shows historical, present and future values for all the countries from 2020 to 2026.