Revealed: These Are The World’s Largest Economies For 2024

Despite mounting concerns about rising prices, the United States has maintained its position as the world’s largest economy, with an impressive GDP of $28.78 trillion. China closely follows with a substantial GDP of $18.54 trillion. Meanwhile, Germany solidified its position as Europe’s economic leader with a GDP of $4.59 trillion, relying on its manufacturing expertise and robust exports while navigating additional challenges from energy supply issues related to the Russia-Ukraine conflict.

Japan, holding the number four ranking with a GDP of $4.11 trillion, has demonstrated renewed economic strength, propelled by enhanced productivity and heightened consumer spending following the 2020 Tokyo Olympics. Meanwhile, India, ranked at number five, has asserted itself as one of the fastest-growing economies with a GDP of $3.94 trillion. This ascent is attributed to its dynamic and skilled workforce, robust technology sector, ongoing reforms, and substantial infrastructure investments.

The next largest economies were the United Kingdom, at $3.50 trillion. France, at $3.13 trillion. Brazil, at $2.33 trillion. Italy, $2.33 trillion, and Canada, $2.24 trillion. Each country has shown varying growth and economic stability levels in recent years.

World’s Largest Economies For 2024: GDP, current prices (Billions of U.S. dollars)

The world’s largest economies by Gross Domestic Product (GDP) for 2024

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