The most recent list of nations by GDP, ordered according to each nation’s level of World Economy Ranking activity in 2023 is $105 Trillion. The US has the world’s highest nominal GDP, followed by China, which is the second-largest and grows faster than the US. Japan, Germany, India, the UK, and France contribute most to global GDP. The world’s GDP increased to 112.6 trillion in 2023 from 103.86 trillion in 2022, according to a list of historical, current, and projected numbers for every nation from 2020 to 2026. By 2023, these nations will have the highest GDP rankings worldwide.
World Economy Ranking
The international economic system is intricate and interdependent, with many nations contributing differing amounts of income and economic activity and performing various roles. A country’s Gross Domestic Product (GDP), which represents the entire amount of products and services generated inside its boundaries in a certain time period, may be used to gauge its World Economy Ranking strength. With a GDP of more than $23 trillion in 2021, the United States of America will have the greatest economy in the world, according to the most recent figures from the World Bank.
The nation’s developed infrastructure, welcoming business environment, and educated workforce have all aided in its World Economy Ranking progress. Due in part to its large population and wealth of natural resources, the nation has seen tremendous economic expansion over the last several decades. China is currently a significant actor in world commerce and has developed into a center for producing and exporting commodities to other nations.
World Economy Ranking 2023 Details
If you want comprehensive data about the state of the global economy in 2023, look no further. The Global GDP Ranking for the year 2023 is the topic of this article. The United Nations predicts that India’s GDP will rise by 5.8 percent this year, far above the global average of 1.9 percent expansion. The US economy is quite diverse, with major contributions to its GDP coming from industries including manufacturing, banking, healthcare, and technology.
| Name | World Economy Ranking 2023 |
| Organization | International Monetary Fund |
| Released by | IMF |
| Year | 2023 |
| World Economy 2023 | $105 Trillion |
| Official website | imf.org |
Following is a discussion of India’s projected position in the global economy in 2023 (World Economy Ranking India). India’s economy just surpassed the United Kingdom’s to become the fifth biggest in the world. India’s economy has recently surpassed only that of the US, China, Japan, and Germany. With a GDP of more than $17 trillion, China has the second-largest economy in the world.
World Economy Ranking 2023 list
- America, US$ 25.035 trillion
- China, US$ 18.321 trillion
- Japan, US$ 4.301 trillion
- Germany, US$ 4.031 trillion
- India, US$ 3.469 trillion
- UK, US$ 3.199 trillion
- France, US$ 2.778 trillion
- Canada, US$ 2.2 trillion
- Russia, US$ 2.113 trillion
- Italy, US $ 1.99 trillion
Best Economy in the World
US GDP is $23.3 trillion, the largest in the world. Due to its diverse economy, the US has retained its position. Global corporations like Apple, Microsoft, and Amazon have boosted the economy. Strong banking, infrastructure, and an educated workforce help the US economy. The US economy is the world’s strongest due to its flexibility and longevity, even during the COVID-19 epidemic.
World Economy Ranking 2023 Top 10
- The United States: With $21.44 trillion in nominal GDP, it’s the world’s largest economy and second in natural resource worth.
- China: China is the world’s second-largest economy with a $14.14 trillion nominal GDP and $27.31 trillion PPP.
- Japan: Japan has the third-largest economy in the world, with $5.15 trillion GDP and $5.75 trillion PPP.
- Germany: Germany’s GDP is $4.0 trillion and per capita $46,560, making it the fourth largest economy.
- India: The fifth largest economy, India, is predicted to reach $3.5 trillion in 2022.
- United Kingdom: The UK’s GDP is $2.83 trillion, sixth globally. The UK may be the sixth biggest economy by 2023.
- France: The third-largest economy in Europe and the seventh-largest in the world is France, with a nominal GDP of $2.71 trillion and a per capita GDP of $42,877.56.
- Italy: The tenth largest economy in Italy, with a $1.99 trillion nominal GDP. Italy has a $2.40 trillion economy and $34,260.34 per person GDP.
- Brazil: Brazil, the largest and most populous country in Latin America, has the tenth-largest economy in the world at $1.85 trillion.
- Canada: Canada has the tenth biggest economy at $1.73 trillion and $46,260.71 per person. The Canadian GDP is predicted to reach $2.13 trillion by 2023.
World Economy Ranking 2023 in Trillion
The world economy will have surpassed 105 trillion dollars in GDP (World GDP 2023 Ranking) by the end of this year. The International Monetary Fund (IMF) uses GDP from the previous year’s global economy to determine this figure.
World Economy Ranking 2023 Top 20
- United States of America
- China
- Japan
- Germany
- India
- United Kingdom
- France
- Italy
- Canada
- Brazil
- Russia
- South Korea
- Australia
- Mexico
- Spain
- Indonesia
- Netherland
- Saudi Arabia19. Turkey
- Switzerland
- Taiwan
World Economy Ranking 2023 IMF
According to the International Monetary Fund, the three largest economies in the world in terms of nominal GDP are the United States, China, and Japan. According to the World GDP Ranking 2023 India, India’s GDP is expected to increase by 6.1% in the fiscal year 2023-24, which is slower than the rest of the world but still above average. Approximately 15% of global growth may be attributed to India by 2023.
Go to Rajneetpg2022 Homepage To get Relevant Updates.
I need to be updated always about economic information
I am Interested your report for Pakistan for 2023 and In future
Bhaijaan Pakistan – Mainas me chal Raha hai
India must come to Ist place if Modiji elect as our Leader.
Completely wrong notion. Before your dream is fulfilled I don’t think you , me and many others in the age bracket from 30 above will be available in this earth
Every industry of country is being sold by Modi ji, then how can we achieve first position.Please think for a change in governance.
We have been experiencing the change since 1985. Let us put stop here. Else, we will be back to tenth or twenty place
And make pappu PM? You must be crazy
What you think Nandita Ji, what is the option left over. Atleast I believe Modiji intention towards country is positive and most important he himself is none corrupt and putting his best efforts.
Providing all of our support he can to better.
Soch badlo desh badlega,
Modi ji ne industry ko becha nahi logo ko kam karna sikhaya
Logo ko baith ke Paisa lene ki aadat lagi thi aab Modi ji ne pvt kar ke logo ko kam pe laga diya
Aab dekh lo
Jo Jo industry pvt huye hai kitne aage chal raha hai
Indian will reach 25 trillion in 4050 if modi continues ,by the time population will reach 250 billion.
You are the roaches of the world
You are an embarrassment to the rest of us. Do you stop to think that everyone who comes across this will know that Peter Williams is a pretty disgusting person? And it’s here for good, as are all the other shiht comments you have made.
I am embarrassed to share your race and ethnicity.
I did not serve to defend your type of views. Scumbag.
Not Possible……by any leader. Change your eye wear …..Your are writing Dr……..How you think
No no no…..India will be last if he continues to be the prime minister of India
Because of size India got this position, if you compare size wise, India will be nowhere
Ha ha ha you know well then us. And don’t read books like cchampak
Ha ha.what a joke..US is 10 times bigger than India in GDP despite India having more population….jokers bhakts will unnecessary praise that cow dung Modi…who is an illiterate and fanatic…what if Modiji elected?? Wasn’t he the PM for last 9 years..whatever India has achieved till now is because of the vision of Nehru and the brilliance of Narasimha Rao and Manmohan Singh…This feku has banned notes and destroyed economy ..the only thing he does is bragging, marketing and self boasting..such a loser.
We frequently fell into the trap that whatever India’s success whether it is in economic or military fields is due to Modi himself. Actually it is the andh bhakts who chant this mantra. For the past 9 years no renowned institution is started in addition to the existing ones. We have to reconcile our growth with countries like Bangladesh not with Pakistan. Whatever we set or achieved is going to be spoiled in hate and discrimination. Our media is untrustworthy it lost its basic instinct. Whatever we boast is just a propaganda that too it bears Modi figure hence we feel Modi has achieved this whatever growth but actually the credit goes to our established institutions not the charisma of Modi. Whatever he added to our nation is Adani to loot the country nothing else
Absolutely right.
Modiji Is the Goto doctor for all ailments in the country’s development, health & progress.
If same leader and regime continues, then the economy will stagnate as we can the innovate solutions the present leadership had is diminishing an is unable to cope with new sort of problems. This regime cannot solve the problems that it generated. The problems created by this government needs cannot be solve by same thinking level people. To solve the, we need people or regime which have better thoughts and innovative ideas to solve the dynamic issues.
are chacha 1 st place ane bhut saal lagenge us 25 or hum uske 5 no, ko bhi cross nhi kiya tho jara socha kitna time lagega but han modi ji kar jarur skte han abhi filhal 3 no ane ke socho
We have to look at GDP per capita to see where India stands to get the true picture. The economy has been consistently growing from the 80’s which is due to the population
Mr Modi will make Bharat the world’s 3rd largest economy in the next 5 years
With this 5th position , consider per capita income in current scenario,
Such a fanatic man can achieve some improvement in the economy
Unfortunately he is morally deficient
Fat hope
You will become the biggest enemy of US when you rank the second.
Modi will drag down India economy due to internal conflicts between ethnicity and religions. Probably West is focusing on PRC China for now and using India as bogeyman to frame China. But once the issue settle, West will find a new enemy’s which is India due to BJT@Nazi party that created terror to North East states.
Yes, definitely we will be there under Modi leadership
What you’re saying is possible, but still India’s economy can’t be more than $ 7 trillion by 2028. It can’t be doubled within five years.
10 saal mey kyu nahi kar liya karna hota toh
Jo 60 Saalo se kharaab tha phele vo to thik karna tha isilye 10 Saal vo sahi karne mai chale gye baki hum bhi hai aur tum bhi dekho modi ji aage aur kya kya Karte hai
143 crore desh ke log hai.. Vo ek hi karne ke liye kya wo bagawan hai… Kuch nahi kar sakte to dimag se to socho
India can. But the biggest hurdle is over population. It affect s per capita income.
It is not any single person or family for our economy to grow. It is us. Government will come an go but the policy, loans, subsidy has to be such hardcore industries should flourish. Each and everyone will reap the benefits in such a scenario.
The List of US being the Highest GDP in the World Is AN OUTRIGHT LIE!
CHINA IS THE WORLD’S HIGHEST GDP!
Yeah, sure like china being a democracy is outright lie
Modiji will make Bharat 3rd biggest economy if world in next 5 years
Our economy is still today 5 trillion+, if our parallel economy comes in record
Let’s make Bharat 3 largest economy by walking together with mr Modi ji. For next 10 year’s we should follow mr. Modi.
World has witnessed many countries and economies, very successful and flourishing at some time but net result of a successfull country/economy should be the welfare of ppl. The social/cultural fabric of a country/nation is reflection of a successfull policies. No matter which country/nation follow these principles will survive longer. So calculating success in terms of numbers is not the correct strategy. Wish whole world peace and prosperity.
Though your thinking is good, but that’s it…… You have to remember that the world is not idealistic but materialistic
Congratulations for the Update on WGDP..
W’d lyk to be receiving further updates on economic development and financial markets
Congratulations on GDP updates
India is behind because of Modi and shah….according to percentage this ranking is poor compared to Congress led India bharat….
Sure then let’s give it to our youth leader Mr. Rahul gandhi, who’s not a youth anymore
2012-2014 India was third largest economy in the world, from 1947 poorest country in the world.
If the same regime continued, India would have been SECOND LARGEST ECONOMY IN THE WORLD.
However, uneducated people have distroyed nation and national economy and thrashed India 45 years backwards even before covid itself.
It seems you are living in your dreams brother… Though it’s true that if indian govt had acted fast and opened up our economy much earlier than they did our economy and currency would be much stronger than current times rivaling china but we didn’t do so and even after that i think we all know about the license raj period and all the corruption that happened. Though I will not say the current govt is righteous and to some extent even corrupt but it is also true that it is much better than the previous govt.
Sure, next 5years of time bharat will be become third largest economy under modi ji. No doubt.
Pakistan Telecommunication Company Limited (PTCL) has closed railways inquiry number 117 set up to provide information about train operations due to non-payment of bill
If Rahul Baba as PM which place.
where is Nigeria in the world gdp ranking ? So no African Country is in the list . Sad.
India would have at no 3 if manmohan govt were governing.
Modi is a big waste.
People of Bharat will bring Indian economy to the top within next decade
so where is Africa?. Ridiculous.
what a shame
Africa is the richest continent in world how come none African country is listed???.Can we be civilisez and stop discriminating black countries and peoples???
5th largest economy is great news. Congratulations to present government for this achievement.
Now it’s high time to pass on the benifits of growth to the public in form of income tax cut and reduction in GST rates.
This will put more money in the hands of people, will increase spending and economy will grow further.
May Allah protect our Indian Economy from cruelty.
May Allah keep first as our Indian Economy over the other countries, only with Right path way Humankind.
May Allah bless me.
Lifelong INDIA .
Well. What are the basis of the ranking?
Where is South Africa
Where is South Africa?
I like this information of the World Economic Ranking.
Very informative.
Please send me always.
We should join hands with modi
That’s like saying the Jews should join hands with Adolf Hitler. No way!!!
Sm very pleased by thr ranking . It seems like most growing economies are those with high technology and good manufacturing means even with limited resources. Keep using same ranking methods
Great economic transformation done by Modiji. I hope bharat become 3rd largest economy in world soon under Modiji government. Great job Modiji.
Dear Sir,
Bharat should be the No. 1 in economy if Modiji is elected again.
It’s bcoz of the hardwork with planning, strategy and patience by Modiji and team. Of course the citizens of this country, backed by strong support of the NRIs have been the backbone in achieving this status.
Mr PM of India will make GREAT Bharat # 2 in next 5 years
Jai Jai Bharat
Bharat will be no one in world if we get united and strengthen Modi ji
India surely make it to third position within coming five years time without any doubt.
I hate the ecnomy
It’s not the GDP which makes the nation strong.
It’s per capita income which describes the actual strength of a nation.
I truely agree with you. So, why do they prefer to publish GDP instead of per Capita income?
Per capita also depends on population. Except for China, rest of the nation’s population is too low. If India were to adopt draconian laws like China, you and I would suffocate to death. Balance is everything my friend
Bharat should come to no.2 in ten years time. Roughly 20 Trillions. To achieve this Bharat must grow more than double digits every year.
elect modiji for the coming loksabha elections.
he is implementing great plans in the development of our country BHARAT.
our ethics is based on our culture.JAI HIND.
We are Very weak In Engineering We need to focus on that.
If we develop World-class Metallergy, And engineering, then we will do more export. Rupee will be appreciated against dollar. And we will see India in the first place. In Next 10 year
I need periodic update on your reports.
Thank You
I’m searching Pakistan in the world economy list. Where’s the Pakistan position?
It’s almost in Bottom, due to their internal conflicts..
Even Pakistan is searching for its economy. It seems to have been embezzled
My Support to Government to identify the loop holes in all States in distributing People’s money on unnecessary Schemes and curb it by making Strong Law’s and to be implemented immediately,to make a better Country Bharat by BJP government only Possible.
There is a law in making where political parties cannot distribute tax payers money on freebies. A committee of taxpayers will decide on those issues. When it will become a law and get enacted is anyone’s guess.
India was became 3rd position in the world economy
all Indian suport to our leader and work
That’s truly Said..
India has to grow by industrial development and not by individuals.
What is the relevance of GDP without mentioning the Per capita…? One guy dead lifting 500kg as opposed to 20 guys lifting 500kg… there’s a big bloody difference.
GDP is still below our expectations. 10% GDP growth keep for 10 years,then our country will be developed nations.
In a country only political party should not grow or an individual like Adani. Every individual should get better life.
BJP has only a concept of HINDU MUSLIM. They don’t have other notion except this. If they keep themselves away from this poisonous thinking, everything is possible for them.
Sir hindu muslim ke baad castism reh gaya wo bhi likh dete….. or thora education policies k bare mai bhi jo institutions me fee itni high h ki garib pada he nahi sakta. Education is the biggest trump to reach such huge economy like USA
Bharat expected to double its economy every 6-7 years, at 7% nomination GDP growth and 4-5% inflation. So, we will see economy increasing by 12-15 times by 2047, which is the 100th year of independence. GDP figure will be 45-55 trillion.
By the way, population is expected to stabilise at 150-155 billion by 2040.
BJP leadership or Congress leadership no problem because my economy is a 5th largest economy in the world and few years we have achieved the 4th position in world largest economy leadership ✅
The communist regime China Russia trying to take over the world after they Lost the cold war will Feil again
World expected gdp growth is 3%, and India 6.1%. How came India gdp growth is less than world..
Please make that correction.
We have to look at GDP per capita to see where India stands to get the true picture. The economy has been consistently growing from the 80’s which is due to the population