Quick Answer: What Country Has The Best Economy In The World?

Who is stronger China or USA?

Michael Beckley: First, the United States has a huge lead by the most important measures of national power.

China is the only country that comes close, and America still has three times China’s wealth and five times its military capabilities..

Which country will be richest in 2050?

ChinaIn 2050, China is expected to be the world’s richest, and probably the most powerful, economy, with a GDP of $24.62 trillion and a per capita income of $17,759.

Which country has powerful economy?

United StatesPer the United Nations (2019)RankCountry/TerritoryGDP (US$million)1United States20,807,2692China14,860,7753Japan4,910,5804Germany3,780,553147 more rows

Who is the poorest man on earth?

man Jerome KervielThe world’s poorest man Jerome Kerviel has handed himself in to French authorities. Jerome Kerviel, the ex-Societe Generale trader who has more debt than anyone else in the world, has turned himself in to French authorities to begin a three-year jail sentence.

Which country has best quality of life?

Canada. #1 in Quality of Life Rankings. … Denmark. #2 in Quality of Life Rankings. … Sweden. #3 in Quality of Life Rankings. … Norway. #4 in Quality of Life Rankings. … Australia. #5 in Quality of Life Rankings. … Netherlands. #6 in Quality of Life Rankings. … Switzerland. #7 in Quality of Life Rankings. … New Zealand.More items…

Is Canada richer than USA?

While both countries are in the list of top ten economies in the world in 2018, the US is the largest economy in the world, with US$20.4 trillion, with Canada ranking tenth at US$1.8 trillion. … The United States on “health outcomes, education levels and other such metrics” scores lower than other rich nations.

Who is the poorest country in Asia?

Poorest Asian Countries 2020North Korea. Based on available data, North Korea is the poorest country in Asia, with a per capita GDP of just $651. … Nepal. Nepal is the second-poorest country in Asia. … Tajikistan. With a GDP per capita just above Nepal’s at $729, Tajikistan is the third-poorest country in Asia. … Yemen. … Kyrgyzstan. … Cambodia. … Myanmar. … Syria.More items…

Is China richer than USA?

Per capita income of United States is 6.38 and 3.32 times greater than of China in nominal and PPP terms, respectively. US is the 8th richest country of the world whereas China comes at 72th rank.

Which is the weakest country in the world?

Weakest Countries In the World Tuvalu Tuvalu, formerly known as the Ellice Islands, is a Polynesian island nation located in the Pacific Ocean, midway between Hawaii and Australia. … Antigua and Barbuda Antigua and Barbuda is a twin-island country in the Americas, lying between the Caribbean Sea and the Atlantic Ocean.More items…

Which country has the strongest economy in the world?

1. United States2019 Nominal GDP in Current U.S. Dollars: $21.43 trillion32019 PPP Adjusted GDP in Current International Dollars: $21.43 trillion42019 GDP Growth: 2.2%52019 Nominal GDP Per Capita in Current U.S. Dollars: $65,2986

Which country is economically rich in the world?

AdvertisementRankCountryGDP-PPP ($)2Macao SAR114,3633Luxembourg108,9514Singapore103,1815Ireland83,399104 more rows•Aug 3, 2020

What country has the best economy 2020?

Click on any of the links to gain more in-depth reviews of these top countries.United States. GDP: $19.48 trillion. … China. GDP: $12.23 trillion. … Japan. GDP: $4.87 trillion. … Germany. GDP: $3.69 trillion. … India. GDP: $2.65 trillion. … United Kingdom. GDP: $2.63 trillion. … France. GDP: $2.58 trillion. … Brazil. GDP: $2.05 trillion.More items…

What are the 3 poorest countries?

GDP Per Capita 2019-20232019 RankCountry2023 Rank1DRC12Mozambique23Uganda34Tajikistan642 more rows

Is the US economy strong?

The latest numbers show economic output surged by an annualised 33% in the third quarter of 2020, following a record fall as a consequence of the coronavirus pandemic. The recovery, although strong, hasn’t yet brought economic activity back to pre-pandemic levels.

Which country is the most capitalist?

The top 10 most capitalistic countries are:New Zealand.Switzerland.Australia.Ireland.United Kingdom.Canada.United Arab Emirates.Taiwan.More items…