"The United States of America, right now, has the strongest, most durable economy in the world." — Barack Obama on Tuesday, January 12th, 2016 in the State of the Union address
The United States is the world's largest economy with a GDP of approximately $18.56 trillion, notably due to high average incomes, a large population, capital investment, moderate unemployment, high consumer spending, a relatively young population, and technological innovation.
The United States has been the world’s biggest economy since 1871. But that top ranking is now under threat from China. The Top 10 Economies in the World. Note: This list is based on estimates for 2017 by IMF’s World Economic Outlook Database, April 2017. Select data is from the CIA World Factbook.
Germany’s remarkable economic run continues, with the number of jobless Germans falling to a post-unification low of 2.757 million in December.
The United States has been the world's largest economy since 1871, but China's growth may soon position it as the leader of the world's top 10 economies. The United States has been the world's largest economy since 1871, but China's growth may soon position it as the leader of the world's top 10 economies.
Italy’s $1.81 trillion economy is the world’s ninth largest in terms of nominal GDP. Italy is among the prominent economies of the Eurozone, but it has been impacted by the debt crisis in the region.