Top 10 Largest Economies in the World 2023 – List of World GDP Ranking: The criteria of the economic condition of a country you have to measure its GDP per capita. It is one of the best ways to measure the richest country in the world. There are some countries that are very small but very rich like San Marino, Luxembourg, Switzerland, Singapore, and many more.
These countries attract foreign investment and they have professional talent. We can assume that nations, where GDP is high, are overall richest nations. According to the economic outlook the global growth is 5.9 in 2021 and 4.4 in 2022 which is half a percentage point compared to October’s world economic outlook. Here we have provided you with detailed information about the Top 10 Largest Economies in the World in 2023 along with the List of World GDP Ranking. So stay with the article till the end.
Top 10 Largest Economies in the World 2023
| Serial No | Name | Economy |
| 1 | United State | 25.347 Trillion Dollar |
| 2 | China | 19.91 Trillion Dollar |
| 3 | Japan | 5.396 Trillion Dollar |
| 4 | Germany | 4.55 Trillion Dollar |
| 5 | India | 3.78 Trillion Dollar |
| 6 | United Kingdom | 3.19 Trillion Dollar |
| 7 | France | 3.06 Trillion Dollar |
| 8 | Italy | 2.058 Trillion Dollar |
| 9 | Canada | 1.99 Trillian Dollar |
| 10 | South Korea | 1.8 Trillian Dollar |
List of World GDP Ranking in 2023-24
Here we have given you detailed information about the Top 10 Largest Economies in the World 2023 including World GDP Ranking List:-
1) United States:-
The United States is the First wealthiest country. It is a vast country that has almost 50 states covering a vast swath of North America with Alaska in the northwest and Hawaii extending the nation’s presence into the Pacific Ocean. The United States is the richest country in the world in terms of GDP.
2) China:-
China is the second wealthiest country. It is a country in East Asia. China’s economic problems hit Singapore’s total GDP particularly hard. The country consists of 22 provinces, 5 autonomous regions, four municipalities, and two special administrative regions. It is the world’s 3rd largest country in terms of area.
3) Japan:-
Japan is an Island country in East Asia. It is the 3rd wealthiest country in the world as per International Monetary Fund. It is situated in the northwest Pacific Ocean and is surrounded by the Sea of Japan extending from the Sea of Okhotsk in the north towards the East China Sea, the Philippine Sea, and Taiwan in the South.
4) Germany:-
Germany is the fourth wealthiest country. It is a Western European country with a landscape of forests rivers, mountain ranges, and North Sea beaches. Munich is known for its Oktoberfest and beer halls, including the 16th century Hofbräuhaus.
5) India:-
It is the 7th largest country in terms of area and the most populous democratic country. The economy of India has transitioned from a mixed-planned economy to a mixed middle-income developing social market economy. Its GDP growth rate is 8.7% in the year 2021. Its gross national income is 10.03 lakh crores PPP dollars (2021).
6) United Kingdom:-
The United Kingdom is the fifth wealthiest country. The United Kingdom is made up of England, Scotland, Wales, and Northern Ireland, and is an Island nation in northwestern Europe. London is the globally influential center of finance and culture. Its last updated wealth is 17.5 trillion.
7) France:-
France in Western Europe encompasses medieval cities alpine villages and Mediterranean beaches. Paris, its capital is famed for its fashion houses, clothes, and classical art. The country is also renowned for its wines and sophisticated cuisine. It has substantial agriculture resources and maintains a strong manufacturing sector, despite a recent decline.
8) Italy:-
Italy boasts a highly developed market as the third largest economy in the European Union. The nation is known for its influential and pioneering business sector and diligent and completive agriculture industry. The GDP of Italy is $2170 billion and its annual growth is 0.7%.
9) Canada:-
The Canadian economy relies heavily on its abundant natural resources, encompassing oil, gas, minerals, and a steadfast dedication to fostering innovation and technological advancements. Its GDP is $2080 billion. Its GDP growth rate is 0.9%.
10) South Korea:-
Worldwide gross domestic product in 2021 was at about 12282 USD per capita. GDP in South Korea, on the other hand, reached USD 34998 per capita, or 1.811 trillion USD for the whole country. South Korea is therefore one of the world’s largest economies and is currently at rank 11.
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FAQs about the Top 10 World GDP Ranking Link
Q.1 Which is the Largest economy in the world in 2023?
Ans. The largest economy country in the world is America (US) with the highest GDP rate.
Q.2 What is World GDP per capita ranking in 2023?
Ans. The World GDP per capita ranking is mentioned above.
Q.3 Who is 5th largest economy in the world?
Ans. India is the 5th largest economy in the world with 3.78 Trillion Dollar economy.