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November 17, 2015

worlds top 10 biggest economies by GDP

" worlds top 10 biggest economies"
Top 10 worlds biggest economies :US continues to top global economy with a  nominal $17.2 trillion  GDP
Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Meanwhile GDP by PPP ( purchasing power parity) is another way of  measuring the worlds biggest economy.In this case  China and japan ranks 2nd and 3rd as the worlds top 3 economic giants.Germany's GDP of $3.9  along with UK's 3 trillion makes them the 4th and 5th biggest economy. France, Brazil,Italy, India and Russia respectively tops the  worlds biggest top 10 economies