Canada
- GDP: $2,090 billion dollars
- Per Capita Income: $55,646
- Annual GDP Growth Rate: 3.3
Canada is doing exceedingly well in terms of economic influence despite its relatively small population.
With a GDP of $2.005 trillion, Canada is the 10th largest economy in the world. Oil, minerals, timber, and other natural resources are crucial to its survival. The nation’s steady monetary framework, solid assembling area, and cutting edge innovation add to its financial strength.
Canada’s closeness to the US makes it a key exchange accomplice, with exchange and administrations assuming an imperative part in its economy.
Top 10 World’s Largest Economies by Nominal GDP in 2024
As of 2023, the United States maintains its position as the world’s largest economy, with a Gross Domestic Product (GDP) of approximately $26.954 trillion. Following the United States, China holds the second spot with a GDP of about $17.786 trillion.
In this article, we will learn about the current ranking of the world’s top 10 biggest economies in 2024 in detail, their GDP and per capita income, and how the list of these highest-ranking countries is prepared.
Contact Us