World Economy Ranking 2023: Check the complete list here!

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
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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

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.

98 thoughts on “World Economy Ranking 2023: Check the complete list here!”

    • 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.

      • 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

      • 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.

    • 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

    • 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

  1. 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.

  2. 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.

  3. Congratulations for the Update on WGDP..
    W’d lyk to be receiving further updates on economic development and financial markets

  4. 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.

  5. 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

  6. 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???

  7. 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.

  8. 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 .

  9. 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

  10. Great economic transformation done by Modiji. I hope bharat become 3rd largest economy in world soon under Modiji government. Great job Modiji.

  11. 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.

    • 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

  12. 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.

  13. 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.

  14. 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

  15. 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.

  16. 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.

  17. 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

  18. 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.

  19. 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 ✅

  20. 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


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