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GDP of the world's countries 2017
The International Monetary Fund has published new data on GDP in the world in 2017. The US has the world's largest GDP of 19.284 trillion. dollars. This is much more than in other countries.

In general, the US economy is significantly ahead of other states in terms of absolute GDP. Compared to the previous year, the US gross domestic product grew by $ 726 billion. Separation from China reached 7 trillion. dollars.

Russia in 2017 took another step up (by 13th place), ahead of Australia. According to the IMF, Russia's GDP increased by $ 135 billion.

Recall that Gross Domestic Product - GDP is a macroeconomic indicator reflecting the market value of all final goods and services (that is, intended for direct consumption) produced in a year in all sectors of the economy on the territory of the state for consumption, export and accumulation, regardless of nationality of the factors of production used. This concept was first proposed in 1934 by Simon Kuznets.
 
The calculation of GDP does not include financial transactions, securities transactions, sales in the secondary market (used cars, apartments, houses, clothes, etc.). Financial transactions do not create real value, and the sale of previously used items has already been taken into account earlier when calculating previous GDP figures.
 
Gross domestic product is used to characterize the results of production, the level of economic development and the rate of economic growth.

The formula for calculating GDP looks like this:

GDP = W + Q + R + P + T

 
Where: W - wages paid by business entities, regardless of the presence (absence) of citizenship Q - deductions for social insurance and other mandatory payments R - gross profit of business entities P - gross mixed income T - taxes on production and imports (from of this amount state subsidies are deducted, if any).

GDP of the countries of the world in 2017, in trillion $
 
1. United States - 19,284
2. China - 12,263
3. Japan - 4.513
4. Germany - 3.591
5. Great Britain - 2,885
6. France - 2,537
7. India - 2.487
8. Italy - 1,901
9. Brazil - 1.556
10. Canada - 1,530
11. South Korea - 1.379
12. Spain - 1.291
13. Russia - 1.267
14. Australia - 1.262
15. Mexico - 1.166
16. Indonesia 1.024
17. The Netherlands - 0.794
18. Turkey - 0.701
19. Switzerland - 0.665
20. Saudi Arabia - 0.659
21. Nigeria - 620.95
22. Sweden - 530.29
23. Taiwan - 524.84
24. Poland - 495.39
25. Belgium - 479.68
26. Argentina - 447.83
27. Thailand - 428.76
28. Iran - 409.3
29. Austria - 399.62
30. Norway - 384.47
31. United Arab Emirates - 357.27
32. Philippines - 345.31
33. Malaysia - 344.85
34. Hong Kong - 337.1
35. Israel - 316.77
36. Denmark - 314.27
37. Singapore - 304.1
38. Colombia - 278.59
39. South Africa - 273.73
40. Ireland - 269.74
41. Bangladesh - 246.73
42. Chile - 243.92
43. Finland - 242.27
44. Viet Nam - 217.84
45. Portugal - 212.15
46. Greece - 203.22
47. Romania - 194.3
48. Czech Republic - 191.61
49. Peru - 189.71
50. Qatar - 181.26
51. New Zealand - 178.02
52. Algeria - 173.86
53. Iraq - 164.42
54. Venezuela - 149.51
55. Kazakhstan - 135.13
56. Hungary - 120.12
57. Kuwait - 119.9
58. Morocco - 114.34
59. Puerto Rico - 99.47
60. Sudan - 98.55
61. Slovakia - 94.49
62. Ukraine - 93.55
63. Sri Lanka - 91.91
64. Ecuador - 91.16
65. Angola - 86.29
66. Myanmar - 81.97
67. Dominican Republic - 75.37
68. Ethiopia - 74.08
69. Guatemala - 72.09
70. Kenya - 69.07
71. Luxembourg - 63.79
72. Uzbekistan - 61.53
73. Costa Rica - 60.8
74. Panama - 60.51
75. Oman - 56.34
76. Uruguay - 54.94
77. Lebanon - 54.06
78. Croatia - 51.95
79. Bulgaria - 51.44
80. Tanzania - 49.53
81. Belarus - 49.25
82. Libya - 47.79
83. Yemen - 47.18
84. Slovenia - 45.61
85. Lithuania - 45.4
86. Macao - 44.84
87. Tunisia - 44.36
88. Democratic Republic of the Congo - 43.65
89. Jordan - 42.3
90. Ghana - 40.93
91. Serbia - 38.88
92. Cote d'Ivoire - 38.48
93. Turkmenistan - 37.77
94. Bolivia - 37.3
95. Azerbaijan - 36.2
96. Cameroon - 32.63
97. Bahrain - 31.96
98. Latvia - 29.86
99. El Salvador - 28.54
100. Paraguay - 27.91
 
Read also:

  • The state debt of the countries of the world 2017
  • GDP per capita world countries 2017 (table)
  • Gold and currency reserves of the countries of the world 2017
  • The most innovative economies of the world 2017
  • The forecast of GDP growth of the eurozone is kept at the level of 0.4%


  • The most innovative economies of the world 2017


    World Economic Forum in Davos 2018

    APEC 2017 Summit in Vietnam

    Valday - 2017: forum

    VEF-2017: results

    Summit BRICS in China 2017
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    GDP of the world's countries 2017
    List of the IMF in trillion. $.

      1 USA - 19,284
      2 China - 12,263
      3 Japan - 4,513
      4 Germany - 3,591
      5 Great Britain - 2,885
      6 France - 2,537
      7 India - 2,487
      8 Italy - 1,901
      9 Brazil - 1,556
      10 Canada - 1,530
    GDP per capita world countries 2017 (table)

    List of the IMF in $

      1 Luxembourg - 108004.9
      2 Switzerland - 79347.76
      3 Norway - 72046.29
      4 Qatar - 67269.64
      5 Macao - 61365.29
    The state debt of the countries of the world 2017

    Public debt of 2017 countries as a percentage of GDP

      1 Japan - 250,91
      2 Lebanon - 147,62
      3 Italy - 131,71
      4 Eritrea - 127,5
      5 Portugal - 127,33
      6 Cape Verde- 122,25
      7 Bhutan - 122,12
      8 Jamaica - 116,07
      9 USA - 107,48
      10 Barbados - 106,58
    Gold and currency reserves of the countries of the world 2017

    International reserves, billion USD

      1 China - 3080,7
      2 Japan - 1260,0
      3 Switzerland - 773,1
      4 European Union - 745,9
      5 Saudi Arabia - 492,9
      6 Taiwan - 444,4
      7 Russia - 419,9
      8 Hong Kong - 413,3
      9 India - 393,6
      10 Republic of Korea - 383,8

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