Which country has the highest share in world GDP?

Which country has the highest share in world GDP?

United States
GDP by Country

# Country Share of World GDP
1 United States 24.08%
2 China 15.12%
3 Japan 6.02%
4 Germany 4.56%

What is share of global GDP?

Percent of world GDP, 2018 – Country rankings: The average for 2018 based on 190 countries was 0.45 percent. The highest value was in the USA: 20.88 percent and the lowest value was in Andorra: 0 percent.

What is China share of global GDP?

In 2020, Germany had an estimated share of about 3.44 percent of the global GDP….

Characteristic Share of global GDP
China 18.33%
United States 15.83%
India 6.8%
Japan 4.03%

What does G in G20 stand for?

Group of Twenty
Website. https://g20.org/ The G20 or Group of Twenty is an intergovernmental forum comprising 19 countries and the European Union (EU).

What is the world’s GDP growth rate?

World gdp growth rate for 2019 was 2.48%, a 0.62% decline from 2018. World gdp growth rate for 2018 was 3.10%, a 0.16% decline from 2017. World gdp growth rate for 2017 was 3.26%, a 0.67% increase from 2016. World gdp growth rate for 2016 was 2.59%, a 0.29% decline from 2015. Download Historical Data Save as Image. Data Source: World Bank

Which countries have the largest share of the global GDP?

The 20 countries with the largest proportion of the global gross domestic product (GDP) based on Purchasing Power Parity (PPP) in 2020 Share of global GDP China United States India Japan Germany Russia Indonesia Brazil France United Kingdom Turkey Italy Mexico Korea Canada Spain Saudi Arabia Australia Taiwan Province of China Poland

Which country has the highest GDP in the world 2020?

As of 2020, the United States and China would occupy the first two places in the world gdp ranking of both methods. The US and China’s margin is coming down in nominal ranking as China’s gdp growth rate of 2020 (1.85%) is much higher than the US’s -4.27%.

What is the nominal GDP of the world?

In 2018, the nominal world GDP was $84,835.46 billion in 2018, and it’s projected to be $88,081.13 billion in 2019. In 2018, the growth rate for the world GDP was 3.6%. Nominal GDP vs. PPP GDP To compare GDPs around the world, currencies must be converted so that they’re consistent across all countries.