China Business Network Client, February 25th. Recently, the World Bank reported that the GDP data of various countries around the world in 2015 showed that the total global GDP (gross domestic product) reached US$74 trillion. Among them, the United States ranked first in total accounted for 24.32%; China ranked second, with a total accounted for 14.84%; Japan and Germany ranked third and fourth respectively, accounting for 5.91% and 4.54% respectively.
Global GDP share as reported by the World Bank Source: Howmuch.ne
The top ten countries in the world's GDP (the country's total GDP in brackets):
1, the United States (18.03 trillion US dollars)
2, China (11 trillion US dollars)
3, Japan (4.38 trillion US dollars)
4, Germany (3.36 trillion US dollars)
5, the United Kingdom (2.86 trillion US dollars)
6, France (US$2.42 trillion)
7, India (US$2.09 trillion)
8, Italy (US$1.82 trillion)
9, Brazil (US$1.77 trillion)
10, Canada (US$1.55 trillion)
According to the World Bank report, the total GDP of the United States is roughly equivalent to the sum of the total GDP of countries ranked third to 10th (i.e. Japan, Germany, the United Kingdom, France, India, Italy, Brazil and Canada). Although from the chart, the US GDP is far ahead of other countries, judging from the ranking of on each continent, Asia is currently starting to be in the lead. The region is represented in yellow in the figure and accounts for 33.84% of global GDP. In addition, North America's GDP accounts for 27.95%, while Europe's GDP is 21.37%. These three continents account for about 83% of world economic activity.
Asia's top ten countries in GDP rankings (according to the World Bank ranking):
2, China (11 trillion US dollars)
3, Japan (4.38 trillion US dollars)
7, India (2.09 trillion US dollars)
11, South Korea (1.38 trillion US dollars)
13, Russia (1.33 trillion US dollars)
16, Indonesia (861.9 billion US dollars)
18, Turkey (717.9 billion US dollars)
20, Saudi Arabia (6 64 billion US dollars)
26, Iran (425.3 billion US dollars)
27, Thailand (395.1 billion US dollars)
Report shows that Asia's economic center is in the east, and the total GDP of China, Japan and South Korea is almost the same as that of the United States.
The top ten countries in Europe's GDP rankings (according to the World Bank):
4, Germany (3.36 trillion US dollars)
5, the United Kingdom (2.85 trillion US dollars)
6, France (2.42 trillion US dollars)
8, Italy (1.82 trillion US dollars)
14, Spain (1.2 trillion US dollars)
17, Netherlands (703 billion US dollars)
19, Switzerland (6 67.08 billion US dollars)
22, Sweden (4 95.6 billion US dollars)
24, Poland (477.1 billion US dollars)
25, Belgium (455.1 billion US dollars)
Reports show that the UK is the second largest economic power in Europe, and the country's GDP reflects the main economic impact of Brexit.
The top ten countries in the Americas GDP (according to the World Bank):
1, the United States (US$18.04 trillion)
9, Brazil (US$1.77 trillion)
10, Canada (US$1.55 trillion)
15, Mexico (US$1.14 trillion)
21, Argentina (US$583.2 billion)
39, Colombia (US$292.1 billion)
42, Chile (US$240.8 billion)
48, Peru (1
58, Puerto Rico (103.1 billion US dollars)
61, Ecuador (100.2 billion US dollars)
report analyzed that Brazil is an important country supporting the South American economy, but the country's total GDP is less than one-tenth of the United States' GDP. In addition, South America and Africa are still unable to account for a greater proportion of the global economy. The sum of the GDP of Brazil, Argentina, Venezuela and Colombia accounts for only 4% of the global GDP, while the sum of the GDP of South Africa, South Africa, Egypt and Nigeria accounts for only 1.5%. (China Business Network APP)
