Recently Forbes announced the top ten largest economy in the World. The United States of America, China, Japan, Germany, and India are the largest economies in the world in 2023, as per their GDP data. GDP serves as a key metric for assessing the magnitude of a nation’s economy. Conventional process for gauging a country’s GDP involves the expenditure method, wherein the total is derived by aggregating expenditure on fresh consumer goods, new investments, government outlays, and the net value of exports.
This article aims to provide insight into the ten largest economies in the world in 2023, arranged by their GDP.
Top 10 Largest Economies in the World 2023
Now, let’s take a look at the top 10 largest economies in the world in 2023, sourced from IMF data:
| Rank & Country | GDP (USD billion) | GDP Per Capita (USD thousand) |
| 1 United States Of America (U.S.A) | 26,854 | 80.03 |
| 2 China | 19,374 | 13.72 |
| 3 Japan | 4,410 | 35.39 |
| 4 Germany | 4,309 | 51.38 |
| 5 India | 3,750 | 2.6 |
| 6 United Kingdom (U.K.) | 3,159 | 46.31 |
| 7 France | 2,924 | 44.41 |
| 8 Italy | 2,170 | 36.81 |
| 9 Canada | 2,090 | 52.72 |
| 10 Brazil | 2,080 | 9.67 |
Source: Forbes
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