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15 largest economy in the World (2018). Canana is No. 10!

Do you know which countries are the economic super powers? Well the top players is not that hard to guess, however, you’ll be surprised when you see the complete list. Let’s check out the list to find out which countries has been under estimated by you.

15. Mexico

GDP: $1,249.970 billions

Mexico has the 15th largest nominal GDP and the 11th largest by purchasing power parity. GDP annual average growth for the period of 1995–2002 was 5.1%. Mexico’s Gross Domestic Product in purchasing power parity was estimated at US $2.2602 trillion in 2015, and $1.3673 trillion in nominal exchange rates.

Source: Wikipedia Image: Wikimedia

14. Spain

GDP: $1,419.930 billions

Spain’s capitalist mixed economy is the 14th largest worldwide and the 5th largest in the European Union, as well as the Eurozone’s 4th largest.

Source: Wikipedia Image: Hdwallpapersfreedownload

13. Australia

GDP: $1,482.280 billions

Australia is a wealthy country; it generates its income from various sources including mining-related exports, telecommunications, banking and manufacturing. It has a market economy, a relatively high GDP per capita, and a relatively low rate of poverty. In terms of average wealth, Australia ranked second in the world after Switzerland in 2013, although the nation’s poverty rate increased from 10.2% to 11.8%, from 2000/01 to 2013.

Source: Wikipedia Image: Wikispaces

12. Russia

GDP: $1,522.900 billions

Russia has an upper-middle income mixed economy with enormous natural resources, particularly oil and natural gas. It has the 12th largest economy in the world by nominal GDP and the 6th largest by purchasing power parity. Since the turn of the 21st century, higher domestic consumption and greater political stability have bolstered economic growth in Russia.

Source: Wikipedia Image: Huffingtonpost

11. South Korea

GDP: $1,597.390 billions

South Korea’s mixed economy ranks 11th nominal and 13th purchasing power parity GDP in the world, identifying it as one of the G-20 major economies. It is a developed country with a high-income economy and is the most industrialized member country of the OECD. South Korean brands such as LG Electronics and Samsung are internationally famous.

Source: Wikipedia Image: Gazprom

10. Canada

GDP: $1,763.490 billions

Canada is the world’s tenth-largest economy as of 2016, with a nominal GDP of approximately US$1.52 trillion. It is a member of the Organisation for Economic Co-operation and Development and the Group of Eight, and is one of the world’s top ten trading nations, with a highly globalized economy.

Source: Wikipedia Image: Wikispaces

9. Italy

GDP: $2,048.990 billions

Italy has a major advanced capitalist mixed economy, ranking as the third-largest in the Eurozone and the eighth-largest in the world. A founding member of the G7, the Eurozone and the OECD, it is regarded as one of the world’s most industrialised nations and a leading country in world trade and exports.

Source: Wikipedia Image: Webjet

8. Brazil

GDP: $2,199.720 billions

Brazil is the largest national economy in Latin America, the world’s eighth largest economy and the eighth largest in purchasing power parity according to the 2017 estimates. Brazil has a mixed economy with abundant natural resources. After rapid growth in preceding decades, the country entered an ongoing recession in 2014 amid a political corruption scandal and nationwide protests.

Source: Wikipedia Image: Beachionary

7. India

GDP: $2,654.170 billions

According to the International Monetary Fund, the Indian economy in 2017 was nominally worth US$2.454 trillion; it is the sixth-largest economy by market exchange rates, and is, at US$9.489 trillion, the third-largest by purchasing power parity, or PPP. With its average annual GDP growth rate of 5.8% over the past two decades, and reaching 6.1% during 2011–12, India is one of the world’s fastest-growing economies.

Source: Wikipedia Image: Webgraphic

6. United Kingdom

GDP: $2,661.230 billions

The UK has a partially regulated market economy. Based on market exchange rates, the UK is today the fifth-largest economy in the world and the second-largest in Europe after Germany. HM Treasury, led by the Chancellor of the Exchequer, is responsible for developing and executing the government’s public finance policy and economic policy.

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5. France

GDP: $2,765.600 billions

A member of the Group of 7 leading industrialised countries, as of 2014, it is ranked as the world’s ninth largest and the EU’s second largest economy by purchasing power parity. With 31 of the 500 biggest companies in the world in 2015, France ranks fourth in the Fortune Global 500, ahead of Germany and the UK.

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4. Germany

GDP: $3,934.810 billions

Germany has a social market economy with a highly skilled labour force, a large capital stock, a low level of corruption, and a high level of innovation. It is the world’s third largest exporter of goods, and has the largest national economy in Europe which is also the world’s fourth largest by nominal GDP and the fifth one by PPP.

Source: Wikipedia Image: Wikimedia

3. Japan

GDP: $5,063.130 billions

Japan is the third largest national economy in the world, after the United States and China, in terms of nominal GDP, and the fourth largest national economy in the world, after the United States, China and India, in terms of purchasing power parity. As of 2016, Japan’s public debt was estimated at more than 230 percent of its annual gross domestic product, the largest of any nation in the world.

Source: Wikipedia Image: Lvs

2. China

GDP: $13,118.690 billions

China had the largest economy in the world for most of the past two thousand years, during which it has seen cycles of prosperity and decline. As of 2014, China has the world’s second-largest economy in terms of nominal GDP, totalling approximately US$10.380 trillion according to the International Monetary Fund.

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1. United States

GDP: $20,199.960 billions

The United States has a capitalist mixed economy which is fueled by abundant natural resources and high productivity. According to the International Monetary Fund, the U.S. GDP of $16.8 trillion constitutes 24% of the gross world product at market exchange rates and over 19% of the gross world product at purchasing power parity.

Source: Wikipedia Image: Edmaps