GDP by Country
Italy switched to seeing China and not the U.S. as the world’s leading economic power in 2020, one year after the country’s ascension into the Belt and Road Initiative. Only around a third of the 24 countries surveyed see China as the world’s leading economic power. Most other countries – including all middle-income best forex strategies for beginners and professionals countries surveyed – give that title to the U.S. Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one quarter of this figure alone. Throughout this list and article, the term GDP refers to nominal GDP in current U.S. dollars as of the first quarter of 2024, unless otherwise specified. The first list includes estimates compiled by the International Monetary Fund's...
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