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Top 10 Countries in 2020


GDP or Gross Domestic Product is the monetary measure of the market value of all the final goods and services produced in a certain time period.

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Why is the importance of GDP?

As for the topic of this post GDP in each country resembles their position in the above mentioned list. However the GDP does not include information on inflation or cost of living. But it is important to understand the economy of a country. So that economist can compare countries in the world and analyze the prosperity of the countries based on their economic growth.

  1. USA – GDP -$19.48 trillion, GDP growth rate – 2.27%, Share of the world’s GDP – 24.08%
  2. China – GDP – $12.23 trillion, GDP growth rate – 6.9%, Share of world’s GDP – 15.12
  3. Japan : GDP – $4.87 trillion, GDP growth rate – 1.71%, Share of the world’s GDP – 6.02%
  4. Germany : $.69 trillion, GDP growth rate – 2.22%, Share of the World’s GDP – 4.56%
  5. India : GDP – $2.65 trillion, GDP growth rate – 6.68%, Share of the world’s GDP – 3.28%
  6. UK : GDP – $2.63 trillion, GDP growth rate – 1.79%, Share of the world’s GDP – 3.26%
  7. France : GDP – $2.58 trillion, GDP growth rate – 1.82%, Share of the world’s GDP – 3.19%
  8. Brazil : $2.05 trillion, GDP growth rate – 0.98%, Share of the world’s GDP – 2.54%
  9. Italy : GDP – $1.94 trillion, GDP growth rate – 1.5%, Share of the world’s GDP – 2.4%
  10. Canada : GDP – $1.64 trillion, GDP growth rate – 3.05%, Share of the world’s GDP – 2.04%

Thank you for reading…… ❤ 🙂 🙂 🙂

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