Friday, February 26, 2010

Overview of the ten largest economies in the world

The gross domestic product (GDP) measures the income and output for the economy of a country. World GDP is estimated at 65.61 trillion dollars from the CIA World Factbook (2007). Another comparative measure of wealth is the power parities (PPP). And 'the relative value of both currencies.

Taking into account a comprehensive view of the world's largest economies, the United States is by far the largest economy with a GDP of 13.812 billion dollars. This explainsat least twenty-five per cent of GDP in the world. Throughout the twentieth century, America is the dominant economy in the world.

Secondly, is China, one of the most dynamic economies. In terms of purchasing power parity, we are talking about 7.055 billion U.S. dollars. China's GDP was 3.281 billion U.S. dollars. Economists say that China could overtake the United States as the largest economy in the world in a few decades.

The World Bank Japan third in terms of purchasePPPs. The country's annual per capita income of $ 37,670, the largest number 25 of the world. The GDP of 4.377 trillion dollars.

Forth largest economy in the world is India, with a parity of purchasing power of 2.965 billion dollars. The annual income per capita of India is very low: about $ 1000, but is a rapidly growing economy. A little over two per cent of world GDP accounted for India: 54.347 billion U.S. dollars.

Germany is also the five largest economies in the world, being theEurope's largest. The country has a strong technology base. Germany is the twenty-third to the world in terms of income per capita: $ 38,860. PPP GDP is 2.833 billion dollars, increasing by more than 2% in 2007.

The United Kingdom is the second largest European economy, and the sixth largest in the world. At constant power is 2.147 billion dollars. Since the income per capita, the German people are very rich, with an income of $ 42,740.

During the last decade, the anxietyRussia has been evolving. Now is the seventh largest economic power, with a PPP of 2.076 billion dollars. Prime Minister Igor Shuvalov has high hopes, saying that Russia will become the sixth largest economy in the world at the end of 2008.

Have equal purchasing power of 2.067 billion U.S. dollars, France is the eighth place among the largest economies in the world. Per capita income is about $ 38,500, making the French 24th richest person in the world.

Ninththe place is Brazil, with a parity of purchasing power of 1.836 billion, according to estimates, in 2007. Countries with economies of Brazil and other countries of South America.

Italy is also a world economy in general in tenth place with 1,800 miliardi PPP. Italians are also very rich, their income per capita is $ 33,500 which, like the United Kingdom and France. During the last decade, Italy has a restrictive budget policy.

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