Banking Awareness : Top 20 Economies in World 2017

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Hi friends, I am Sindhu. Today I am sharing important General Knowledge topic, Top 20 Biggest Economies in the World, based on GDP. This list contains projected GDP's of 20 Countries/Economies in current prices (U.S. dollars) of year 2017. Happy Reading :)

What is GDP ?
GDP (Gross Domestic Product) is the total market value of all final goods and services produced in a country in a given year. In Nominal method, market exchange rates are used for conversion. To make meaningful comparison, PPP is used to compare economies and incomes of people by adjusting for differences in prices in different countries.

Top 20 Countries / Economies in the World (as per Nominal GDP)

Rank	Country / Economy	GDP (in billions of $)
1	United States	19,417.144
2	China	11,795.297
3	Japan	4,841.221
4	Germany	3,423.287
5	United Kingdom	2,496.757
6	India	2,454.458
7	France	2,420.440
8	Brazil	2,140.940
9	Italy	1,807.425
10	Canada	1,600.265
11	Russia	1,560.706
12	Korea	1,498.074
13	Australia	1,359.723
14	Spain	1,232.440
15	Indonesia	1,020.515
16	Mexico	987.303
17	Turkey	793.698
18	Netherlands	762.694
19	Saudi Arabia	707.379
20	Switzerland	659.368

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