Top 10 Fastest Growing Economies in 2024 | 10 Fastest Growing Economies for the year 2024
In 2024, the global economic landscape sees the United States and China maintaining their positions as the top two economies in both nominal GDP and GDP per capita rankings. However, China's robust GDP growth rate of 4.64% outpaces that of the United States at 2.73%, narrowing the margin between the two nations in nominal GDP ranking.
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Key Points:
Nominal GDP Rankings:
Despite China's impressive growth, the United States retains its lead over China by $10 trillion in nominal terms. Only one change occurs within the top 20, with Brazil surpassing Italy. Iran, Colombia, and Pakistan ascend three positions in the top 50, while Egypt and Bangladesh experience declines.
PPP Rankings:
China leads the United States by Int. $6.5 trillion in PPP terms, with the gap widening over time. Poland surpasses Taiwan in the top 20, while Australia slips two spots within the top 50.
Global Economic Trends:
Argentina experiences negative growth in 2024, while India emerges as the fastest-growing economy at 6.81%, followed by the Philippines at 6.16%.
Dual Presence of the United States:
The United States maintains a dual presence in both the top 10 GDP and GDP per capita rankings at nominal terms, alongside Germany, Canada, Australia, the Netherlands, and Switzerland.
Conclusion:
With China poised to remain the world's largest economy in PPP terms, global economic dynamics continue to evolve, impacting nations across the globe.
Keywords:
Economic insights 2024, United States GDP, China GDP, nominal GDP ranking, GDP per capita, PPP ranking, global economic trends, fastest-growing economy, United States economy, China economy, global rankings, economic dynamics.
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22 апр 2024
