Wednesday, June 12, 2013
TOP 10 Biggest Economies in the World 2013
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.
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.
Since the fall of the Soviet Union, Russia has made various changes in
its economy, making it more market-oriented and globally integrated.
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.
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.
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.
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.
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