India among countries that have highest GDP

One way to check a country's health is to calculate its gross domestic product, the market value of all final goods and services from a nation in a given year.

Let's take a look at some economies that have highest GDP in the world.

Source: Wikipedia

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United States

Gross domestic product: $15,680,000 million

Overall rank in GDP: 1

United States, the biggest economy in the world, is a manufacturer and exporter of products in all sectors.

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China

Gross domestic product: $8,227,000 million

Overall rank in GDP: 2

China, the fastest growing economy in the world, produces goods not only to satisfy its export sector but also to cater to its huge domestic market.

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Japan

Gross domestic product: $5,964,000 million

Overall rank in GDP: 3

Japan, one of the biggest economies in the world, is a giant in electronics and automobile sectors.

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Germany

Gross domestic product: $3,401,000 million

Overall rank in GDP: 4

Germany, one of the biggest economic powerhouses of the world, depends largely on its massive export sector.

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France

Gross domestic product: $2,609,000 million

Overall rank in GDP: 5

France, one of the biggest economies in the world, produces and exports almost all goods, especially dairy products and automobiles.

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United Kingdom

Gross domestic product: $2,441,000 million

Overall rank in GDP: 6

United Kingdom, one of the biggest financial centres in the world, is one of the largest economies in the globe.

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Brazil

Gross domestic product: $2,396,000 million

Overall rank in GDP: 7

Brazil, one of the fastest growing economies in the world, is also one of the biggest exporters in the globe.

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Russia

Gross domestic product: $2,053,000 million

Overall rank in GDP: 8

Russia, one of the biggest economies in the world, is a major powerhouse of oil and gas production.

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Italy

Gross domestic product: $2,014,000 million

Overall rank in GDP: 9

Italy, one of the biggest economies in the world, is a major exporter of automobiles and dairy products.

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India

Gross domestic product: $1,825,000 million

Overall rank in GDP: 10

India, one of the fastest growing economies in the world, is not a major exporter but has a massive domestic market.

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Canada

Gross domestic product: $1,819,000 million

Overall rank in GDP: 11

Canada, one of the richest economies in the world, is a major exporter of minerals.

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Australia

Gross domestic product: $1,542,000 million

Overall rank in GDP: 12

Australia, one of the richest economies in the world, is a major exporter of minerals.

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Spain

Gross domestic product: $1,352,000 million

Overall rank in GDP: 13

Spain, which was hit badly by the 2008 global economic crisis, is one of the wealthiest nations in the world.

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Mexico

Gross domestic product: $1,177,000 million

Overall rank in GDP: 14

Mexico, one of the biggest economies in Latin America, carries most of its trade with its neighbour United States.

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South Korea

Gross domestic product: $1,156,000 million

Overall rank in GDP: 15

South Korea, one of the biggest economies in the world, is a major exporter of electronics and automobiles.

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Indonesia

Gross domestic product: $894,900 million

Overall rank in GDP: 16

Indonesia, one of the biggest economies in Asia, is struggling to control its falling currency.

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Turkey

Gross domestic product: $794,500 million

Overall rank in GDP: 17

Turkey, one of the fastest growing economies in the world, carries most of its trade with Europe.

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The Netherlands

Gross domestic product: $773,100 million

Overall rank in GDP: 18

The Netherlands, one of the richest countries in the world, is a major exporter of dairy products.

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Saudi Arabia

Gross domestic product: $727,300 million

Overall rank in GDP: 19

Saudi Arabia, one of the wealthiest nations in the world, is a major exporter of oil and gas.

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Switzerland

Gross domestic product: $632,400 million

Overall rank in GDP: 20

Switzerland, one of the richest countries in the world, is a major exporter of dairy products and foodstuff.

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Iran

Gross domestic product: $548,900 million

Overall rank in GDP: 21

Iran, which is facing economic sanctions over its nuclear programme, is a major exporter of oil and gas.

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Sweden

Gross domestic product: $526,200 million

Overall rank in GDP: 22

Sweden, one of the richest economies in the world, has an open and competitive market.

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Norway

Gross domestic product: $501,100 million

Overall rank in GDP: 23

Norway, one of the wealthiest nations in the world, is a major exporter of oil and gas.

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Poland

Gross domestic product: $487,700 million

Overall rank in GDP: 24

Poland, which was hit badly by the 2008 global economic crisis, has taken measures to boost investments.

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Belgium

Gross domestic product: $484,700 million

Overall rank in GDP: 25

Belgium, one of the richest economies in the world, is a major exporter of foodstuff and dairy products.