Largest Economies in the World
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Largest Economies in the World

The ten largest economies in the world based upon Gross Domestic Product. These are the real powerhouse economies in the world.

The largest economies in the world based upon Gross Domestic Product or GDP. Also listed are the main components for each economy based upon the percentages of workers employed in the various sectors in each economy. The top ten largest economies in the world are listed.

1) United States - $14.3 trillion dollars

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At $14.3 trillion dollars the GDP of the United States is the largest in the world by a wide margin at well over 2.5 times larger than second place Japan and equal to about 1/4 of the entire world's economic output. The main components of the United States Economy are services (76.9%), industry (21.9%) and agriculture (1.2%).

2) Japan - $5.1 trillion

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Japan has the 2nd largest economy in the world with a $5.1 trillion dollar GDP. The main components of the Japanese economy are similar to the United States with services (75.4%), industry (23.1%) and agriculture (1.6%).

3) China - $4.9 trillion

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China currently ranks 3rd with a GDP of $4.9 trillion but with a faster economic growth rate China will soon overtake Japan for 2nd place. The main components of the Chinese economy are industry (48.6%), services (40.5%) and agriculture (10.9%).

4) Germany - $3.4 trillion

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At $3.4 trillion Germany has the 4th largest economy in the world and the largest in Europe. The main components of the German economy are services (67.5%), industry (29.7%) and agriculture (2.4%).

5) France - $2.7 trillion

Image Source (France gets 79% of its power from nuclear energy)

France has the 5th largest GDP in the world and second largest in Europe at $2.7 trillion dollars. The main components of the French economy are services (71.8%), industry (24.3%) and agriculture (3.8%).

6) United Kingdom - $2.2 trillion

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The United Kingdom has the 6th largest economy in the world and 3rd largest in Europe at $2.2 trillion dollars. The main components of the UK economy are services (75%), industry (23.8%) and agriculture (1.2%).

7) Italy - $2.1 trillion

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Italy has the 7th largest economy in the world and 4th largest in Europe at $2.1 trillion dollars. The main components of the Italian economy are services (72.9%), industry (25%) and agriculture (2.1%).

8) Brazil - $1.6 trillion

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Brazil has the 8th largest economy in the world and largest economy by far in South America at $1.6 trillion dollars. The main components of the Brazilian economy are services (65.8%), industry (28.7%) and agriculture (5.5%).

9) Spain - $1.5 trillion

Image Source (Spain is a world leader in solar power)

Spain has the 9th largest economy in the world and 5th largest economy in Europe at $1.5 trillion dollars. Main components of the Spanish economy are services (70.7%), industry (14.1%), construction (9.9%) and agriculture including fishing (4.5%).

10) Canada - $1.3 trillion

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Canada has the 10th largest economy in the world and 2nd largest economy in North America at $1.3 trillion dollars. The main components of the Canadian economy are services (76%), industry (13%), construction (6%) and agriculture (2%).

 

Sources: http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28nominal%29

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Comments (8)

Interesting facts and well written.

A real interesting read Joe, good one.

Great, I love this kind of world economy trivia.

Wow, great well written article! and they say there is no money around.

Gr8 article.

excellent, you are an all rounder Joe

hardballs

where is russia

Russia is 11th followed closely by India.

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