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Largest economies in the world by GDP (nominal) in 2024 according to International Monetary Fund estimates [n 1] [1] *The EU is an economic union, separate member of the WTO and includes Germany, France and Italy on this chart.
The euro is the second largest reserve currency and the second most traded currency in the world after the United States dollar. [32] [33] [34] The euro is used by 20 of its 27 members, overall, it is the official currency in 26 countries, in the eurozone and in six other European countries, officially or de facto.
The first set of data on the left columns of the table includes estimates for the year 2023 made for each economy of the 196 economies (189 U.N. member states and 7 areas of Aruba, Hong Kong, Kosovo, Macau, Palestine, Puerto Rico, and Taiwan) covered by the International Monetary Fund (IMF)'s International Financial Statistics (IFS) database ...
The most significant Trump trade war was with China, the second-largest economy in the world after the United States. As president, Trump imposed a staggering $250 billion in tariffs on a wide ...
Euro, the currency used by the most countries and territories, the second-largest reserve currency and the second-most traded currency. Some currencies, such as the Abkhazian apsar , are not used in day-to-day commerce, but are legal tender in their issuing jurisdiction.
The strong industrial activity within India boosted the ranking of the country’s economy to the 5th largest in the world. Since 2000, India is known to have one the fastest growing economies in ...
Japan has the second-largest population on this list of the top 50 economies, but its population is estimated to have shrunk by 0.21% in 2019. ... It has a highly diversified economy with the ...
The economy of the People's Republic of China is a developing mixed socialist market economy, incorporating industrial policies and strategic five-year plans. [29] China is the world's second largest economy by nominal GDP and since 2017 has been the world's largest economy when measured by purchasing power parity (PPP).