List of top 10 richest in the world according to GDP:
GDP is the monetary market value of all final goods & service made with in a country during a specific period. GDP help to provide a snapshot of a country economy and can be calculated using expenditures, production & incomes.
World GDP:
World GDP is added total of the gross national income for every country in the world. Gross national income take a country GDP add value of income from imports & subtract value of money from export. The value of gross national income , GNI , differs from that of GDP due to it reflect the impact of domestic & international trades.
When GNI of every country in the world are add together, value of import & export are in balance. The world economy consist of 193 economies, with the United States being the largest.
- United States (GDP: 20.49 trillion)
- China (GDP: 13.4 trillion)
- Japan (GDP: 4.97 trillion)
- Germany (GDP: 4.00 trillion)
- United Kingdom (GDP: 2.83 trillion)
- France (GDP: 2.78 trillion)
- India (GDP: 2.72 trillion)
- Italy (GDP: 2.07 trillion)
- Brazil (GDP: 1.87 trillion)
- Canada (GDP: 1.71 trillion)