What is the largest economy in the world 2020?

United States remains the largest economy globally with GDP (Nominal) over $20 trillion in 2020. It represents a quarter share of the global economy (24.8%). China follows, with $15 trillion, or 18.2% of the world economy.

Which country has the highest nominal GDP in the world?

In Nominal method, market exchange rates are used for conversion. United States remains the largest economy of the world with GDP (Nominal) over $20 trillion in 2018. China, which has surpassed US in ppp methods, is at 2nd place followed by another asian nation Japan.

Which country has the largest economy in the G20?

A paid subscription is required for full access. The Gross Domestic Product (GDP) of the United States amounted to 21.43 trillion U.S. dollars in 2019, making it the largest economy in the G20. China was the second largest economy in that year, with GDP valued at 14.4 trillion U.S. dollars.

What is the GDP per capita in Japan 2020?

2020 Nominal GDP Per Capita in Current U.S. Dollars: $40,193.3 21 Japan is the third largest economy in the world. Its GDP crossed the $5 trillion mark in 2019. 1 Strong co-operation between government and industry and advanced technological know-how have built Japan’s manufacturing and export-oriented economy.