Which country has highest GDP in 2014?

Which country has highest GDP in 2014?

GDP, current prices

Units 2014
United States U.S. dollars (Billions) 17,418.9
China U.S. dollars (Billions) 10,380.4
Japan U.S. dollars (Billions) 4,616.3
Germany U.S. dollars (Billions) 3,859.5

What is the 2014 GDP of each country?

GDP – Gross Domestic Product

Countries Date Annual GDP
Israel [+] 2014 $310,945M
India [+] 2014 $2,039,130M
Iraq [+] 2014 $234,651M
Iran [+] 2014 $433,088M

What is the world GDP per year?

World GDP by Year

Date Value
Dec 31, 2016 75.87 trillion USD
Dec 31, 2015 74.78 trillion USD
Dec 31, 2014 79.09 trillion USD
Dec 31, 2013 76.99 trillion USD

What is the GDP of the entire world?

$80,934,771,028,340
World’s GDP is $80,934,771,028,340 (nominal, 2017).

Which country has the highest GDP in 2015?

Top 10 Largest Economies In The World by GDP Nominal (2015)

Rank Country 2015 T $
1 United States 17,946
2 China 10,866
3 Japan 4,123
4 Germany 3,355

What was the GDP in 2015?

$18,206,000 million
The GDP figure in 2015 was $18,206,000 million, United States is the world’s leading economy with regard to GDP, as can be seen in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in United States rose $655,300 million with respect to 2014.

Is a high GDP good?

Real GDP. GDP is important because it gives information about the size of the economy and how an economy is performing. The growth rate of real GDP is often used as an indicator of the general health of the economy. In broad terms, an increase in real GDP is interpreted as a sign that the economy is doing well.

Which country has the highest real GDP?

Luxembourg is the top country by real GDP per capita in the world. As of 2020, real GDP per capita in Luxembourg was 101,207 US dollars. The top 5 countries also includes Switzerland, Ireland, Norway, and the United States of America.

Which country GDP is high 2021?

GDP (Nominal) Ranking

Code Country/Economy GDP per capita (Nominal) ($)
2021
USA United States 69,375
CHN China 11,891
JPN Japan 40,704

What country is #1 in economy?

United States
Gross Domestic Product (GDP) is used to provide a snapshot of a country’s monetary market value of all final goods and services that the country has made during a specific period….The top 20 largest economies in the world by GDP.

Rank Country GDP (Nominal) (billions of $)
1 United States 20,807.27
2 China 15,222.16
3 Japan 4,910.58
4 Germany 3,780.55

Which country has lowest GDP?

In 2020, Burundi reported the lowest per-capita GDP ever, closely-followed by South Sudan and Somalia….The 20 countries with the lowest gross domestic product (GDP) per capita in 2020 (in U.S. dollars)

Characteristic GDP per capita in U.S. dollars
Burundi 255.98

Which country has the highest GDP in 2013?

Gross Domestic Product in TOP 10 Largest Economies 2013

Rank Country 2013
1 United States 16,800
2 China 9,240
3 Japan 4,901
4 Germany 3,634

What is GDP and why is it so important?

GDP is important because it is a leading indicator of a country’s economic health. It gives economists an idea of the nation’s financial viability.

What causes GDP to increase?

Economic growth means an increase in real GDP. Economic growth means there is an increase in national output and national income. Economic growth is caused by two main factors: an increase in aggregate demand (AD) an increase in aggregate supply (productive capacity)

What is the current US GDP?

GDP in the United States increased to 21433.20 USD Billion in 2019 from 20580.20 USD Billion in 2018. GDP in the United States averaged 7457.54 USD Billion from 1960 until 2019, reaching an all time high of 21433.20 USD Billion in 2019 and a record low of 543.30 USD Billion in 1960. This page provides – United States GDP – actual values, historical data, forecast, chart, statistics, economic

What is total global GDP?

In 2020, global GDP amounted to about 84.54 trillion U.S. dollars , almost three trillion lower than in 2019. Gross domestic product, also known as GDP, is the accumulated value of all finished goods and services produced in a country, often measured annually.