World Economy Ranking 2023, The Top 10 Largest Economies

Get the Latest information about World Economy Ranking 2023, Largest Economy Countries in 2023, Top 10 world largest Economy. Today India is counted among the top five economies of the world and the story behind it is very long. Know here the account of the journey of the Indian economy from 10th to 5th position.

World Economy Ranking 2023

If you are looking for complete information about World Economy Ranking 2023. In this article, we will learn about the World GDP 2023 Ranking. The United Nations said that India will remain the fastest-growing major economy in the world this year, registering a growth rate of 5.8 percent, while the growth rate of the rest of the world is only 1.9 percent. 

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Now we discuss the world economy ranking of India (World Economy Ranking India) for 2023. Recently India has become the fifth largest economy in the world by surpassing the United Kingdom. Now only the United States, China, Japan, and Germany have bigger economies than India.

World Economy Ranking 2023 Overview


Post Title World Economy Ranking 2023
Category Ranking
Organization International Monetary Fund 
Released by IMF
Year 2023
World Economy 2023    $105 Trillion 
Official website


World Economy Ranking 2023 list 

According to the data of the International Monetary Fund and Visual Capitalist for October 2022, the list of the ten richest countries ( World Economy Ranking 2023 Top 10 countries) of the world are given below.

  1. America, US$ 25.035 trillion
  2. China, US$ 18.321 trillion
  3. Japan, US$ 4.301 trillion
  4. Germany, US$ 4.031 trillion
  5. India, US$ 3.469 trillion
  6. UK, US$ 3.199 trillion
  7. France, US$ 2.778 trillion
  8. Canada, US$ 2.2 trillion
  9. Russia, US$ 2.113 trillion
  10. Italy, US $ 1.99 trillion


World Economy Ranking
World Economy Ranking


World Economy Ranking 2023 Top 10

  1. The United States– it has a nominal GDP of $21.44 trillion and ranks first among the world’s largest economies and second in the world for the estimated value of natural resources.
  2. China – China is the world’s second largest economy with a nominal GDP of $14.14 trillion and a GDP (PPP) of $27.31 trillion.
  3. Japan– Japan is the world’s third largest economy with a GDP of $5.15 trillion and a GDP (PPP) of $5.75 trillion

4) Germany– has a GDP of $4.0 trillion and a per capita GDP of $46,560, Germany is the fourth largest economy in the world.

  1. India– The Indian economy is projected to emerge as the world’s fifth largest economy with a GDP of $3.5 trillion in 2022.
  2. United Kingdom– The United Kingdom, with a GDP of $2.83 trillion, is the sixth largest economy in the world. The UK is expected to become the seventh largest economy by 2023.
  3. France– With a nominal GDP of $2.71 trillion and a per capita GDP of $42,877.56, France is the third-largest economy in Europe and the seventh largest in the world.
  4. Italy– With a nominal GDP of $1.99 trillion, Italy is the eighth largest economy in the world. Italy has an economy of $2.40 trillion and a per capita GDP of $34,260.34.
  5. Brazil – Brazil is the ninth largest economy in the world and the largest and most populous country in Latin America with a nominal GDP of $1.85 trillion.
  6. Canada– With a GDP of $1.73 trillion and a GDP per capita of $46,260.71, Canada is the tenth largest economy in the world. Canada’s GDP is expected to grow to $2.13 trillion by 2023.

World Economy Ranking 2023 in Trillion

By the end of this year, World Economy Ranking 2023 will have crossed Gross Domestic Product ( World GDP 2023 Ranking) of 105$ Trillion. This GDP is calculated on the basis of previous year World Economy by the International Monetary Fund (IMF).

World Economy Ranking 2023 IMF

According to the International Monetary Fund, the United States, China, and Japan are the world’s three largest economies as measured by nominal GDP, respectively. India’s growth rate for the financial year 2023-24 (World GDP Ranking 2023 India) is estimated to be 6.1%, slightly slower than the rest of the world’s economies, but higher than the global average. In 2023, India will contribute about 15% to the global growth.

World Economy Ranking 2023 Top 30

  1. United States of America
  2. China
  3. Japan
  4. Germany
  5. India
  6. United Kingdom
  7. France
  8. Italy
  9. Canada
  10. Brazil
  11. Russia
  12. South Korea
  13. Australia
  14. Mexico
  15. Spain
  16. Indonesia
  17. Netherland
  18. Saudi Arabia19. Turkey
  19. Switzerland
  20. Taiwan
  21. Poland
  22. Argentina
  23. Belgium
  24. Sweden 
  25. Ireland 
  26. Thailand
  27. Norway
  28. Israel
  29. Singapore

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FAQs on World Economy Ranking 2023

What is the rank of India’s economy in 2023?

The rank of India’s Economy in 2023 is 5th in the world.

Who has the strongest economy in the world 2023?

United States is the world’s largest economy. 

27 thoughts on “World Economy Ranking 2023, The Top 10 Largest Economies”

  1. In 2014 modi Government take charge of INDIA then India was in 10 th position in Economic ranking in the world with 2.0 trillon… In 2023 Modi jee lift India in 5th position with 3.469 trillion… Dollar

  2. I am looking for economic and socio-economic future of Modi’s Bharat much better than ever before, may even be highest in the world provided that multi-facet corruption is eradicated. Hopefully, emerging Bharat will capable to establish Vasudevkutumbkam and strong brotherhood in the world. Jai Hind.

    • Credit goes to administrator of the country.Great leadership with all the discipline. All credit goes to Bhartiya Prime Minister Mr.Modi.
      He has not only improved lives of people He raised the self confidence of each individual in Bharat.I solute PM Modi and his team
      Bob Aurora

  3. India has done very well in the last decade. Much of the achievement is a credit to Modi’s leadership. The people of India should continue to support Modi and a lot more will be achieved in the next decade. I am of Indian origin and it makes me proud to see what my motherland is achieving

  4. Congratulations, India n PM Modi.
    You have outperform the rest of the world.
    There is plenty to do still.
    No.1 is only 4 steps away!


  6. I would like to appreciate the growth in economy and GDP, but my basic questions and concerns are for increasing population of India. Will Indian Government frame some robust policy for population control. Largest population of India lowers its rank in terms of GDP per capita.

  7. All of u dumbers…63% of our population is still living in extreme poverty..GDP does not matter….per capita income and standard of per capita living improves the overall quality of life.

  8. I don’t think so. Everything is costlier day by day. Then labour rate is very low. When good economic country everything is cheap and labour rate is high.


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