The economic value of the GDP says that Brazil is the country having the 6th largest economy in the world. It is also More »
The US government proudly announces the earning of the 1st place as in national economy according to the economic value of GDP. The country also holds the 2nd place in the world as far as the overall economy is concerned. The GDP rate counts about $ 15.829 trillion in the year 2012.
According to the market value of gross domestic product or GDP, the economy of India is recognized as the 10th largest in the world. And as far as the economic theory of purchasing power parity or PPP is concerned, India stands as the 3rd ranked country in the world. These instances prove the strength of the economic growth of the county in the global scenario.
The economy of United States is one of the world’s biggest and most successful economies. With an area that equals to almost three Indian land masses, it is a land of plentiful resources and has a strong well managed administrative system to manage these assets. The flourishing economy of the US started in 1920s and holds its glory till date.
Well the U.S economy is actually one of the largest economies just like India’s and china’s economy. The reason behind this highly established economic is the constant evolution of this country and nice trading chart. It is one of the developed countries. The normal GDP of U.S. is estimated at $15.8 trillion in the year of 2012. The U.S. economy has an average GDP at purchasing the power parity which is largest in the world. The economy of the United States is actually said to
When we talk of world economy, we mean the economy of the entire globe. Starting from US to UK including China, India and other countries the economy has shown its various colours for the several years now. There has been some major growth as well as economic collapse world wise.