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Ashish Singh

Finding my self 😶‍�... • 5m

The world's largest economies by nominal Gross Domestic Product (GDP) are: 1. China: $37.07 trillion 2. United States: $29.17 trillion 3. India: $16.02 trillion 4. Japan: $6.57 trillion 5. Russia: $6.91 trillion 6. Germany: $6.02 trillion 7. Brazil: $4.7 trillion 8. Indonesia: $4.66 trillion 9. France: $4.36 trillion 10. United Kingdom: $4.28 trillion It's important to note that these rankings can vary depending on whether GDP is measured by nominal values or by Purchasing Power Parity (PPP). For instance, when considering GDP by PPP, China leads with $37.07 trillion, followed by the United States with $29.17 trillion, and India with $16.02 trillion. These differences arise because PPP takes into account the relative cost of living and the inflation rates of countries, providing a more accurate picture of the economic productivity and standards of living among nations.

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