What place does Russia occupy in the world in terms of economic size? The world's largest economies: GDP ranking in developed countries

GDP growth during the crisis, the state of the economy, and an increase in average wages are factors that have allowed some countries to maintain leadership positions in the quality of life of the population. Based on the results of 2016, which states became more convenient for living, which ones left the TOP 10 and which ones still remain dream countries? About this in our article!

A good country is a healthy country. According to the World Health Organization (WHO), the UN and the World Bank, the TOP 10 countries with the healthiest populations look like this:

1. Iceland. Its primacy is due to the maximum number of health workers (more than 3.6 per 1 thousand people), the minimum number of people diagnosed with tuberculosis (only 2 per 1 thousand people) and the highest life expectancy in the world (more than 72 years for men and 74 for women).
2. Singapore. The minimum number of people suffering from obesity (1.8%) and high life expectancy (on average 82 years) allowed this city-state to take a high place in the ranking.
3. Sweden. The small number of tuberculosis patients (only 3 per 1 thousand people), coupled with minimal infant mortality, allowed it to take an honorable 2nd place.
4. Germany. More than 11% of the state’s GDP goes to healthcare (Germany spends more than 3,500 euros annually on the treatment of citizens).
5. Switzerland. The high ranking is due to the large number of doctors (3.6 per 1 thousand people)
6. Andorra. Healthcare spending in Andorra accounts for more than 8% of GDP, and the average life expectancy of the population exceeds 82 years.
7. Great Britain. This country is the only Western state that owns 95% of the medical institutions operating on its territory. More than 9.8% of GDP is spent on healthcare.
8. Finland. In this country, about 300 people fall ill with tuberculosis per year, while every year 30 thousand people are diagnosed with cancer (over 75% of patients are completely cured).
9. Netherlands. The country has a low incidence of tuberculosis (5.4 people per 1 thousand inhabitants) and a sufficient life expectancy - more than 81 years.
10. Canada. The Medicare healthcare system is the pride of this North American state, because it guarantees virtually free medical care to every resident. Expenditures on health care account for over 10% of GDP, and the life expectancy of citizens exceeds 80 years.

The worst countries in terms of the health of their citizens are African states: Swaziland, Somalia, South Sudan, Chad, Central African Republic, Mali, etc. The ranking is based on data from researchers at Seattle University and the Bloomberg news agency.

WHO uses a special indicator to determine the quality of healthcare - life expectancy at birth. According to the World Health Organization ranking, Russia ranks 110th in terms of medical care. And although the healthcare system leaves much to be desired, the Russian Federation is ahead of other CIS countries, such as Kazakhstan (111th place), Tajikistan (115th), Armenia (116th), Uzbekistan (117th), Ukraine (151st), losing only to the Republic of Belarus (98th place) .

TOP 10 countries ideal for business

A strong economy is unthinkable without a successful business. In 2016, Forbes compiled a list of countries that are most convenient for doing business. It is noteworthy that out of 10 participants in the rating, 6 are EU countries:

1. Sweden;
2. New Zealand;
3. Hong Kong;
4. Ireland;
5. Great Britain;
6. Denmark;
7. Netherlands;
8. Finland;
9. Norway;
10. Canada.

The American publication has been forming the rating for 11 years, taking into account the level of bureaucracy, the amount of taxes, corruption, economic growth, financial and personal freedom of citizens - a total of 11 factors were taken into account. For 7 of them, Sweden was in the top ten, because its economy at the end of the year grew by 4.2 percent with a GDP of 493 billion US dollars. Data for the assessment were obtained from reports of the World Bank, the World Economic Forum, the non-governmental international anti-corruption organization Transparency International, etc.

In terms of economic development, Russia took 40th place, and in terms of the complexity of starting a business, it was in 26th position. In terms of the availability of electricity, the Russian Federation became 30th, in terms of the availability of loans it became 44th, in terms of the level of taxation - 45th, in terms of the complexity of obtaining construction rights, our country became 115th. According to the World Bank, the ideal country for business (without taking into account additional criteria, such as economic growth) is New Zealand, because “paying taxes is as easy as writing a check.”

The most prosperous countries in the world

Well, where we do not? The British non-profit organization The Legatum Institute has published a world ranking study of the most prosperous countries in the world. The most “prosperous” countries are determined taking into account economic and social indicators, business opportunities, levels of education and healthcare, social capital and personal freedoms of citizens. Experts assessed 149 countries, giving them scores ranging from 0 to 10 based on 89 criteria.

Based on the results of the analysis carried out in 2016, the following rating was compiled:

1. New Zealand (prosperity index - 79.28);
2. Norway (78.66);
3. Finland (78.56);
4. Switzerland (78.10);
5. Canada (77.67);
6. Australia (77.48);
7. Netherlands (77.44);
8. Sweden (77.43);
9. Denmark (77.37);
10. UK (77.18).

The purpose of the study is to study the social well-being of the countries of the world on a global scale. The Prosperity Index is a composite indicator that measures the achievements of countries in terms of well-being. In this list, Russia occupies 95th position (prosperity index - 54.73). The closest “neighbors” in the rating are Nepal and Moldova (94th and 96th places, respectively). Among the CIS countries, Russia has the best indicators: 25th place in the quality of education, 56th in environmental safety, 69th in entrepreneurship.

Russia's achievements are obvious - every year it moves to the top of the ranking. At the same time, the results should be viewed through the prism of political sentiment: the report of the Legatum Institute repeatedly used liberal clichés “Putin’s Russia”, “Soviet legacy”, “communist past”, etc. When compiling the rating, the British organization uses survey data from the previous year, which does not allow a 100% objective reflection of reality.

Rating of countries in the world by standard of living

The United Nations (UN) has been publishing a report on the quality of life of people around the world since 1990. The rating is based on the Human Development Index, or Humanity Development Index (HDI). This index allows you to measure the achievements of states in the field of healthcare, income, education, social services, etc.

The report was last published in 2015, and the best countries to live in were distributed in the UN ranking as follows:

1. Norway (0.94);
2. Australia (0.935);
3. Switzerland (0.93);
4. Denmark (0.923);
5. Netherlands (0.922);
6. Germany (0.916);
7. Ireland (0.916);
8. United States of America (0.916);
9. Canada (0.913);
10. New Zealand (0.913).

Russia is one of the countries with a high human development index (0.798) along with Belarus. Our country is somewhat ahead of Oman, Romania, Uruguay, slightly inferior to Montenegro. The countries with the worst HDI scores are in Africa: Niger, Central African Republic, Eritrea, Chad, Burundi, Burkina Faso, Guinea, Sierra Leone, Mozambique and Mali.

1. Denmark (201.53);
2. Switzerland (196.44);
3. Australia (196.40);
4. New Zealand (196.09);
5. Germany (189.87);
6. Austria (187);
7. Netherlands (186.46);
8. Spain (184.96);
9. Finland (183.98);
10. United States of America (181.91).

The index was calculated without the use of government data or official reports, so it can be considered subjective and depoliticized. For calculations, a formula was used that takes into account factors such as the purchasing power of the population, the ratio of real estate costs to citizens’ incomes, safety and cost of living, quality of healthcare, climate, and even the situation on the roads (the fewer traffic jams, the better).

Russia ranks 55th on this list with a quality of life index of 86.53. It is slightly ahead of Ukraine and slightly inferior to Egypt and Singapore. Russia has shown good results in the real estate sector: the housing affordability index is 13.3 (this is only slightly higher than that of Austria, France, Estonia, and South Korea). The purchasing power index of Russians is two times lower than that of citizens of the leading countries on the list - only 52.6. But the cost of living index in Russia is one of the lowest (35.62). For comparison: in Switzerland it is 125.67, in Norway – 104.26.

The table of indices that determine the position of the listed countries looks like this:

A country	Citizens Purchasing Power Index	Hello security	The ratio of housing costs and income of the population
Denmark	135.24	78.21	6.33
Switzerland	153.90	69.93	9.27
Australia	137.26	74.14	7.54
New Zealand	108.61	72.17	6.80
Germany	136.14	76.02	7.23
Austria	103.54	78.80	10.37
Netherlands	120.12	69.19	6.47
Spain	94.80	76.55	8.70
Finland	123.42	74.80	7.99
United States	130.17	68.18	3.39

Along with a high standard of living, relative affordability of housing, and high purchasing power of citizens, the leading countries in terms of living standards are also the most expensive to live in. The ranking of the most expensive countries to live in looks like this:

1. Switzerland – 126.03;
2. Norway – 118.59;
3. Venezuela – 111.51;
4. Iceland – 102.14;
5. Denmark – 100.06;
6. Australia – 99.32;
7. New Zealand - 93.71;
8. Singapore - 93.61;
9. Kuwait - 92.97;
10. UK – 92.19.

The TOP 10 was compiled based on data from the research company Movehub (UK). The index used (the Consumer Price Index, or CPI) takes into account the cost of food, utilities, transportation, gasoline and entertainment. Interesting fact: the index reflects the cost of living ratio in New York (if it is 80, then living in the country is 20% cheaper than in the Big Apple).

The most affordable countries for living include mainly the countries of Asia and Africa: India, Indonesia, Bangladesh, Pakistan, Nepal, Egypt, Algeria. The countries of Europe and North America still remain attractive, but quite expensive for living. The attractiveness is due to the excellent quality of medical and educational services. The best universities in the world are located on their territory: Harvard, Princeton and Yale, Oxford and Cambridge universities.

Many of the leaders in the listed ratings are countries with excellent ecology. According to Forbes, Switzerland, Sweden and Norway are the three cleanest and most favorable countries to live in in terms of climate and ecology. There are practically no harmful industries on their territory, and endless green meadows, mountains and clean natural reservoirs make living and relaxing there as beneficial as possible for health.

Let us note that many states are absolute leaders who have distinguished themselves in all respects. Thus, Norway, Iceland and Sweden can be safely called ideal for living, working, and tourism. Which countries, in your opinion, have provided their citizens with optimal living conditions and the highest standard of living? Share your personal experiences and opinions in the comments!

We look forward to your feedback, reposts and comments, thank you.

Every year, analytical financial organizations determine the largest economies in the world by GDP. The list includes almost all countries on the planet. The success rate is expressed in dollar terms relative to the current exchange rate. Objectively, this rating of the world's largest economies does not reflect the nominal state of affairs in a particular country, but provides only a general assessment of activity.

GDP indicators do not take into account the difference in prices for similar services and goods. This is the main disadvantage of this rating. To solve this shortcoming, world statisticians use an additional purchasing power parity coefficient. Taking into account the PPP indicator, the World Bank compiled its ranking of the TOP 10 countries with the most successful economies.

Unconditional US leadership

Even the world's largest economies have not been able to compete with the United States in terms of nominal GDP for many years. And even though today America has a colossal debt to a dozen banks, its leadership still remains unshakable.

The share of the country's gross product relative to PPP accounts for almost 30% of the total world GDP. Today the US economy stands at $17.4 trillion. Moreover, in 2015, despite the oil crisis, the figures rose by another 2.3%. It is interesting that the US economy is one of the most transparent in the world. Every week, dozens of financial reports from different ministries and chambers appear in the media. Indicators of public and commercial organizations are also regularly published, which is not the case in any other country.

The majority of the state's income comes from natural resources. The country also has well-developed high-tech production, scientific research, service industries, and an export line. However, in recent years there has been a decline in industrial performance due to a lack of labor.

Second place goes to China

China is developing more and more rapidly every year. Just a few years ago, China's economy was on par with Japan's, but today the situation has changed radically. In 2014 alone, the PRC budget was replenished by several trillion dollars. It is the most developing country in terms of financial stability.

Currently, China's GDP is more than $10.3 trillion. Thanks to reforms in the industrial system, the republic is able to produce more export goods daily than any other country. This is due to the long work week, short vacations and low wages. Currently, the share of foreign investment in the country exceeds 80%. And according to expert forecasts, China’s economy should overtake the American one by 2021.

Industry is considered the most important sector of China's profitability. In industry, China has long had no equal. It is also worth noting the nuclear and space sectors, the extraction of valuable ores, and construction.

Japan closes the top three

At the moment, the country's nominal GDP is estimated at $4.6 trillion. However, just 5-6 years ago, the Japanese economy occupied second position in the world ranking, second only to America. However, due to the rapid growth of the PRC indicator, the Land of the Rising Sun had to drop to third place.

The banking system, transport services, real estate, telecommunications, retail trade and construction play a decisive role in Japan's financial structure. Today, the country has optimized such industries as electronics, metal and chemical processing, textiles, food products, and automobiles. The service sector accounts for more than half of nominal GDP.
Japan's economy is based on capitalism. This significantly slows down its development. The Tokyo Stock Exchange is considered the main instrument of capitalization in the country.

Features of the German budget

Currently, the financial structure of Germany is one of the most stable and successful in the world. The fact is that, unlike most other countries, the German economy is not built on external loans. The percentage of public debt is extremely small, which makes the republic’s budget invulnerable to a number of extraneous factors.

The German economy is determined by its GDP, which is about $3.8 trillion. The country's profitability has increased in recent years thanks to improved export performance. The service sector also plays an important role in establishing the stability of the financial system. Germany is a post-industrial republic, so industry accounts for only 20% of GDP. The remaining share covers the services sector, education and agriculture.

UK economy

In this state, budget stability is regulated through the successful manipulation of market demand and exchange rates. The world's largest economies, such as France and India, have been lagging behind the UK for many years now. And the fault lies with the effective actions of the Central Bank of England. In addition, the financial systems of Northern Ireland and Scotland play a supporting role. The positive stability of the national unit, the pound sterling, also plays a role.
The GDP of the united state is almost $3 trillion. It is noteworthy that the unemployment rate is increasing every year. Negative dynamics have been observed since the late 2000s. In 2009, the percentage of unemployed was about 7.6%. At the moment the situation has leveled off a little - about 5%.

The main source of income for the state is the service sector, followed by industry and tourism.

French economic performance

The country's GDP varies between $2.8 trillion. This indicator allows France to be included in the TOP 10 of the “Largest Economies in the World” ranking over the past few years.

It is interesting that this particular power is one of the most highly developed countries in the agricultural and industrial sectors. The volume of industrial production occupies two thirds of the state GDP at par. Over the past 6 years alone, the gross product has grown by almost $1 trillion, that is, by 50%. The per capita income here is about $40 thousand.
European analysts predict GDP growth of another 21% in 2015. Thus, by January 2016 the figure will be $3.3 trillion, which may allow it to catch up with the UK in the ranking.

The most profitable Latin American country is Brazil

Such a high level is due to the volume of GDP, which currently reaches 2.3 trillion dollars. Like the rest of the world's major economies, the Brazilian system is based on the service and industrial sectors. Nevertheless, agriculture and mining are very developed in the country.

Brazil has a huge number of able-bodied citizens, and the authorities take advantage of this by providing people with new jobs. Today, Brazilian exports are present in all world markets. And this applies not only to coffee, juice and textiles, but also to cars, aircraft and electronic equipment.
It is not for nothing that Brazil is considered the most economically developed Latin American state. On the other hand, the north of the country continues to suffer from unemployment.

Economic indicators of Italy

The main advantage of the country's financial system is a competent approach to the federal budget. In just the last two years, Italy's treasury has grown 2.5 times. Today, nominal GDP remains at $2.1 trillion.

Medium-sized businesses are well developed in the region. This applies to the field of design, production of household appliances, and tailoring. Mechanical engineering, communications and agriculture remain in the leading positions. It is no secret that Italy attracts tourists from all over the world with its new fashion trends. Resort locations are also popular.

Today Italy is a highly developed industrial power. And yet there are significant holes and shortcomings in the economic system. This primarily concerns the growing public debt, as well as the weak level of services. The tax system is also underdeveloped.

India's economic furore

Stabilizing the state treasury took the South Asian republic several decades. Immediately after gaining independence, the Indian authorities chose a course towards the largest economies in the world. The first results were achieved by 1991. By that time, the private sector had been modernized, large investors and export partners were attracted. Today the country's GDP is about $2 trillion.
For a long time, the main sources of government income were the private sector and gold mining. International trade relations gradually began to develop, and there was a leap in healthcare. Currently, agriculture accounts for only 28% of GDP, the rest is shared by industry and the service sector.

Russia closes the ranking

The Russian Federation has long been an overdeveloped industrial and agricultural country. Today, GDP reaches $1.9 trillion. Thus, Russia’s share of the world’s gross product is about 3.3%.

It is interesting that during the crisis of 2015, the Russian economy was practically unaffected. The authorities promptly replaced imported goods with domestic ones, significantly reprofiling the industry. It is announced that in 2015 the treasury will be replenished by another $700 billion.

As you know, the key sources of Russia’s profit remain gas and oil production, as well as the tax system.

Overall, the United States economy is significantly ahead of other countries in terms of absolute GDP. Compared to last year, the increase in US gross domestic product amounted to $726 billion. The gap from China reached 7 trillion. dollars.

Russia took another step up in 2017 (to 13th place), overtaking Australia. According to the IMF, the Russian Federation's GDP increased by $135 billion.

Let us remind you that gross domestic product (Gross Domestic Product) - GDP (GDP) - macroeconomic indicator, reflecting the market value of all final goods and services (that is, intended for direct consumption) produced during the year in all sectors of the economy on the territory of the state for consumption, export and accumulation, regardless of the nationality of the factors of production used. This concept was first proposed in 1934 by Simon Kuznets.

The calculation of the GDP indicator does not include financial transactions, securities transactions, sales on the secondary market (used cars, apartments, houses, clothing, etc.). Financial transactions do not create real value, and the sale of previously used items was already taken into account earlier in the calculation of previous GDP figures.

Gross domestic product is used to characterize the results of production, the level of economic development and the rate of economic growth.

The formula for calculating GDP looks like this:

GDP = W + Q + R + P + T

Where: W - wages paid by business entities, regardless of the presence (absence) of citizenship Q - social insurance contributions and other mandatory payments R - gross profit of business entities P - gross mixed income T - taxes on production and imports (from government subsidies, if any, are deducted from this amount).

World GDP 2017, trillion $

1. USA - 19,284
2. China - 12,263
3. Japan - 4,513
4. Germany - 3,591
5. UK - 2,885
6. France - 2,537
7. India - 2,487
8. Italy - 1,901
9. Brazil - 1,556
10. Canada - 1,530
11. South Korea - 1,379
12. Spain - 1,291
13. Russia - 1,267
14. Australia - 1,262
15. Mexico - 1,166
16. Indonesia - 1,024
17. Netherlands - 0.794
18. Türkiye - 0.791
19. Switzerland - 0.665
20. Saudi Arabia - 0.659
21. Nigeria - 620.95
22. Sweden - 530.29
23. Taiwan - 524.84
24. Poland - 495.39
25. Belgium - 479.68
26. Argentina - 447.83
27. Thailand - 428.76
28. Iran - 409.3
29. Austria - 399.62
30. Norway - 384.47
31. United Arab Emirates - 357.27
32. Philippines - 345.31
33. Malaysia - 344.85
34. Hong Kong - 337.1
35. Israel - 316.77
36. Denmark - 314.27
37. Singapore - 304.1
38. Colombia - 278.59
39. South Africa - 273.73
40. Ireland - 269.74
41. Bangladesh - 246.73
42. Chile - 243.92
43. Finland - 242.27
44. Vietnam - 217.84
45. Portugal - 212.15
46. ​​Greece - 203.22
47. Romania - 194.3
48. Czech Republic - 191.61
49. Peru - 189.71
50. Qatar - 181.26
51. New Zealand - 178.02
52. Algeria - 173.86
53. Iraq - 164.42
54. Venezuela - 149.51
55. Kazakhstan - 135.13
56. Hungary - 120.12
57. Kuwait - 119.9
58. Morocco - 114.34
59. Puerto Rico - 99.47
60. Sudan - 98.55
61. Slovakia - 94.49
62. Ukraine - 93.55
63. Sri Lanka - 91.91
64. Ecuador - 91.16
65. Angola - 86.29
66. Myanmar - 81.97
67. Dominican Republic - 75.37
68. Ethiopia - 74.08
69. Guatemala - 72.09
70. Kenya - 69.07
71. Luxembourg - 63.79
72. Uzbekistan - 61.53
73. Costa Rica - 60.8
74. Panama - 60.51
75. Oman - 56.34
76. Uruguay - 54.94
77. Lebanon - 54.06
78. Croatia - 51.95
79. Bulgaria - 51.44
80. Tanzania - 49.53
81. Belarus - 49.25
82. Libya - 47.79
83. Yemen - 47.18
84. Slovenia - 45.61
85. Lithuania - 45.4
86. Macau - 44.84
87. Tunisia - 44.36
88. Democratic Republic of the Congo - 43.65
89. Jordan - 42.3
90. Ghana - 40.93
91. Serbia - 38.88
92. Ivory Coast - 38.48
93. Turkmenistan - 37.77
94. Bolivia - 37.3
95. Azerbaijan - 36.2
96. Cameroon - 32.63
97. Bahrain - 31.96
98. Latvia - 29.86
99. El Salvador - 28.54
100. Paraguay - 27.91

In order to assess the economic situation of any country, it is necessary to view the statistics of certain indicators.

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One of the important indicators that influence the development of any economy is GDP. To draw conclusions about the “strongest” countries in the world, it is enough to familiarize yourself with the table of GDP volumes by country in 2020.

Initial aspects

Very often, in order to assess the economic situation in a country, an indicator such as GDP is used. All literate citizens know about this value.

People often hear about this indicator from world economic news. Not everyone understands what GDP is. GDP is an acronym for Gross Domestic Product.

To explain it in simple words, this is the total cost of manufactured products or services of a certain country, for a certain amount of time.

This indicator is expressed in monetary terms. But usually in all countries it is customary to count not in the national currency, but in dollars, because this is one of the most stable currencies in the world.

GDP is often analyzed as an indicator of the standard of living of citizens, since in certain situations it is used for this purpose due to the lack of more suitable parameters.

Using GDP as a measure of a population's economic well-being represents a trade-off due to the lack of other comparable measures of income.

GDP is calculated using two methods:

1. The summation of all income in the economy.
2. Summing up all expenses.

Theoretically, the result of calculations in two cases should be the same, since the costs of one participant in the economic process are always income for the other.

It is very critical for a country's economy when expenses exaggerate expenses. To balance, you can achieve results when these indicators are the same, but the ideal option will always be when income is several times greater than expenses.

GDP statistics are fixed throughout the financial year (which ends on June 30) and are updated every year (updated statistics are usually released in November-December).

Let's take a closer look at which countries are outsiders and which have achieved tremendous success.

What types are distinguished today

Today, there are such types of GDP, each of them characterizes a separate indicator, which are closely related:

1. Real GDP.
2. Nominal GDP.

Real GDP means all products produced, as well as services provided, for a given period, which has its value in the form of standard costs. These are constant prices.

Nominal GDP shows the total volume of goods and services produced, which are measured in values ​​that are current at that time.

The difference between nominal and real GDP is that the nominal level of GDP is affected by the general level of volume of manufactured products, as well as changes in the price of products sold.

In turn, the indicator of real GDP is influenced by the volume of manufactured products, this is explained by the fact that the formula for calculating this type of GDP is:

Real GDP = Nominal GDP / General price level

It was said that these two indicators are closely related to each other, that is, their ratio to each other is called the GDP deflator.

That is, in simple words, the deflator is an indicator of the difference in the entire cost of production in the economic sphere.

Calculating the level of GDP per capita is not difficult, in this case it is necessary:

Total GDP/total population of the country

Ranking of gross domestic product per capita by country (PPP)

Gross domestic product at purchasing power parity is data that indicates the economic development of states.

GDP data by PPP, which is typical for some of the most developed countries in the world:

Every year the share of China's GDP increases by 10%. Other countries are also rapidly increasing their GDP per person.

In the near future, China may take a leading position if it develops at the same pace. The United States achieves its results thanks to the strength of the dollar, because it is used throughout the world.

And also thanks to the largest companies Microsoft and Google. Every year GDP increases by 2.2%. GDP per person reaches 55 thousand dollars.

In Japan, GDP per person is 39 thousand dollars. As the statistics of this country show, it increases by 1.5% every year.

Despite the fact that after the Second World War it was destroyed, and having a specific habitat where disasters often occur, Japan remains a leading country in economic development.

As practice shows, a lot depends not only on external indicators, such as geographic location, availability of minerals, and other resources, but also on the country’s leadership.

According to the IMF

According to the IMF, there are 20 large countries in the world whose GDP is the largest, after the top 5.

Table of GDP by country of the world:

A country	Indicator (billions of dollars)
France	2464.8
India	2288.7
Italy	1848.7
Brazil	1534.8
Canada	1462.3
South Korea	1321.2
Spain	1242.4
Australia	1200.8
Russia	1132.7
Mexico	1082.4
Indonesia	937
Türkiye	751.2
Switzerland	651.8
Saudi Arabia	818.3
Nigeria	538
Sweden	512.6
Taiwan	508.8
Poland	437.5
Belgium	465

According to the predictions of IMF specialists, in 2020 the economies of states will increase by 3.7%.

According to the CIA

GDP per person is one of the important indicators of the economic situation of the state. GDP per person cannot be said as an accurate estimate, because the industry of production, the quality of manufactured products, and the cost of production have a more precise value.

The development of the economy of each country is very different, depending on how the country’s policies are conducted, as well as the government’s desire to improve the situation for the better. Data for the latest year from the CIA on countries' GDP.

Country GDP value (indicated in US dollars):

Qatar	145.000
Luxembourg	102.900
Liechtenstein	89.400
Macau	88.700
Singapore	85.700
Monaco	78.700
Norway	68.400
UAE	67.000
Switzerland	59.300
USA	56.300
Ireland	54.300
Netherlands	49.300
Sweden	48.000
Canada	45.900
Belgium	44.100
France	41.400
Britannia	41.200
EU	37.800

The poorest countries

It so happens that the poorest countries in the world are African countries. This depends on the fact that in their territories there are constant wars, large scale unpunished crime, complete corruption, environmental problems; economic development depends on these factors.

According to analyzes by the International Monetary Fund, today about 800 million people a day can live on one and a half dollars a day.

A very large part of the earth lives in extreme poverty. According to data released by the IMF, in terms of GDP per person in PPP terms, the poorest countries in the world in 2020 can be identified:

Madagascar	GDP per capita $1504
Eritrea	GDP is $1321
Guinea	GDP shows a figure of $1271 per capita
Mozambique	GDP is equal to $1228
Malawi	GDP is $1139
Niger	GDP per capita $1111
Liberia	$882 per capita
Burundi	$818 per capita
Republic of the Congo	GDP $784
Central African Republic (CAR)	GDP is $656 per capita

Despite the fact that some countries are rich in natural resources such as gold, diamonds, oil, many of their residents have to survive on the streets without their own home.