See the top ten economies of the world
April 4, 2019 | Investopaper
The world economy last year was hugely affected by the trade war between two economic giants the US and China. Both countries suffered a lot in terms of economic loss due to trade tussle. As a result, both the US and Chinese president have been looking to resolve the conflict in order to resolve the menace created by the dispute.
The whole economy around the world was affected by the tussle between the economic giants. US big companies like Apple showed a contraction in their profit last year while China also reported economic slowdown after the gap of almost a decade. Chinese industries were also hugely affected by the war. Still, the US and China are the leaders in the economy.
The following list shows the projected top ten economies of the world as of 2019 and 2020.
As shown in the table above, the US holds the top position as per the forecasted GDP for 2019 and 2020 with GDP forecast of more than 21 billion this year. China stands at second position with GDP forecast of 16.68 trillion for 2020. Other Asian countries like Japan and India holds a third and sixth position. United Kingdom holds the fifth position with an estimated GDP of 2.98 trillion for 2019.
European countries Germany, France, and Italy hold the fourth, seventh and eighth position in the list. Similarly, US neighbor Canada makes it to the top ten list with GDP forecast of 1.82 billion for the current year.
