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This historical list of the ten largest countries by GDP according to the World Bank shows how the membership and rankings of the world's ten largest economies has changed. Historically, the United States was consistently year after year the world's largest economy since the early twentieth century.
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
It accounted for 25.4% of global GDP in 1 CE, 29% of world global output in 1600 CE, 17.3% of the world's economy in 1870, and 33% in 1820 (its highest point). China's share of global GDP varied from a quarter to a third of global output until the late 19th century. [12]
Mexico. Total GDP: $1.41 trillion GDP per capita: $11,091 Main export: Cars Mexico has 130 million people living within its borders and a lot of natural resources, which gives the country the ...
Gross domestic product (GDP) is a monetary measure of the market value [1] of all the final goods and services produced and rendered in a specific time period by a country [2] or countries.
The U.S. has long held the title of the world's leading economic powerhouse, boasting the highest GDP both overall and per capita. However, China's rapid ascent is reshaping the global economic ...
On the plus side, he had the third-highest GDP growth, and poverty rates were on the low end. Inflation was third-highest during his presidency as well. ... 3 Surprising Reasons Women Should ...
The United States has a highly developed mixed economy. [44] [45] [46] It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). [47]As of 2024, it has the world's sixth highest nominal GDP per capita and eighth highest GDP per capita by PPP). [10]