Posted on 16-01-2021 by Admin
Gross domestic product (GDP) is a fundamental measure of the economic performance of any economy and is the market value of all final goods and services within a nation s range in a year. In this article, we have listed the top 10 richest countries in the world based on the report given by the International Monetary Fund assessment and the US Central Intelligence Agency s GDP (PPP).
Gross domestic product (GDP) is a measure or measure to measure the monetary value of all final goods and services produced in a year within the country s domestic limits. It is a fundamental measure of the economic performance of any economy and is the market value of all final goods and services within a nation s range in a year.
We all know that America is a developed country because of this it is common for this country to be rich. Almost everyone knows that America is a rich country. Today, all the big companies in the world belong to America, such as Amazon, Google, Microsoft, etc. The well-known company belongs to America. Apart from this, if we talk about the richest men of the world, then America has the most billionaires who help a lot in making America rich. America has assets of $ 64,584 billion, which makes it the richest countries in the world.
China is our neighbor in the second place in this list. The economy of India and China was almost the same around the year 1947, but over the years, China has grown much faster than other countries. Today, in almost all the countries of the world, you will get to see the goods made in China and in the Indian market too, China has a very strong hold.
Another country in Asia, Japan comes third in this list. Japan is famous worldwide due to its technology. Let me tell you that Japan is far ahead of other countries in terms of technology. Japan is known for its rich exports including best technology, weapons, many other services and products. You would be surprised to know that Japan s literacy is almost 100 per cent which means that almost all the people in this country are educated. Talking about its assets, Japan s total assets are 19,522 billion dollars.
Britain, which has ruled most of the countries in history, is fourth in this list even though Britain does not count among the largest countries of the world, but Britain is a rich country despite being a small country. The population of this country is also very small and every citizen of the country is capable. Its companies, its billionaires and arms exports contribute to its economy. The UK has assets of $ 9,919 billion.
European country Germany comes in fifth place in this list. Germany s economy suffered a lot in the second world war, but this country has made considerable progress even after the economic loss. Germany is also a small country like Britain and the population here is less but every citizen of this country is in very good economic condition. There are very few poor people in this country. Talking about the rich country of Europe, Germany s economy is the strongest in Europe, which makes it the richest country in Europe. Germany has assets of $ 9,660 billion.
France is the third richest country in Europe, which comes in seventh place on this list. Its population is also very low but France is known for its rich exports including arms, best technology, fashion and new trends, many other services and products. India is also largely dependent on France for army weapons. France exports weapons to many other countries besides India. Arms exports have contributed a lot in strengthening the economy of this country. France has total assets of $ 6,649 billion.
Canada is ranked eighth in this list among the world s largest countries. Let me tell you that Canada is the second largest country in the world after Russia, although the population of this country is much less than that of India. Canada is the neighboring country of USA. The country of Canada is also counted in developed countries. Many Canadian companies are working in India and are trying to increase their business here. Talking about the total wealth of this country, the total wealth of Canada is $ 6,393 billion.
Australia, a country in the continent of the world, places boats on this list. This country is counted among the largest countries of the world. Some people know Australia as a country with vast and barren desert, but this country has mineral deposits. This country is also very rich in food production. Almost all the people of this country are educated and prosperous, who help a lot in making this country rich. Australia has assets of $ 6,142 billion.
Italy is the fourth richest country in Europe and comes tenth in this list. Italy is a small country like the rest of the European country and its population is much less than that of India. Italy is one of the most prosperous countries in the world. Italy has many wide sources of income. Tourism, agriculture and a strong banking system have made a major contribution to Italy in increasing its income. Most of the people here are rich who contribute a lot in making this country rich. Italy has assets of $ 4,276 billion.