Wednesday, June 12, 2013

TOP 10 Biggest Economies in the World 2013

#10. India, $2 trillion dollars

Included in this exclusive list of the biggest economies in the world today is India. This booming economy in Asia has an average growth rate of seven percent annually since 1997.

#9. Italy, $2.1 trillion dollars

The ninth biggest economy in the world today is Italy, which is known for its highly diversified industrial sectors, developed infrastructure, and high GDP per capita.

#8. Russia, $2.2 trillion dollars

Since the fall of the Soviet Union, Russia has made various changes in its economy, making it more market-oriented and globally integrated.

#7. United Kingdom, $2.4 trillion dollars

This year’s sixth biggest economy in the world according to IMF and World Economic Outlook estimates is the United Kingdom, which has long been regarded as a leading political and financial power center in Europe. It is one of the biggest economies in the continent after Germany and France.

#6. Brazil, $2.5 trillion dollars

Regarded as the economic giant in South America, Brazil’s economy is buoyed by a number of factors, including well-develop sectors in manufacturing, mining, service, and agriculture.

#5. France, $2.7 trillion dollars

One of Europe’s economic heavyweights, France has the largest economy in the continent next to Germany and the fifth biggest economy in the world according to 2013 estimates. 

#4. Germany, $3.6 trillion dollars

Regarded as Europe’s largest national economy, Germany is considered as having the fourth biggest economy this year, according to estimates made by the IMF and World Economic Outlook. 

#3. Japan, $5.1 trillion dollars

Since its disastrous defeat in World War II, Japan has made great leaps and bounds to become one of the biggest economies around the world. 

#2. China, $9 trillion dollars

Over the last 30 years, China has dramatically shifted from a centrally planned economic system to a market-oriented model—and in the process becoming a major player in global economics.

#1. United States, $16.2 trillion dollars

For at least almost a century now, the United States has consistently ranked as the biggest national economy in the world. In terms of biggest overall economies, it only ranks second to the European Union, which is made up of 27 member-states in Europe.

 

Source from therichest.org

 

 

 

 

 

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