List of the largest economy in the world(details)
Since the end of the second world war,the world economy have been growing more rapidly than ever before.
However ! not every part of the world that benefit from this growth .
As the growth is more concentrated in some region, but remains slow and sluggish in others region.
In this article! I Will discussion the largest economy based on GDP nominal. not to be confused with GDP (ppp).
This are some of the global city in the world today see below
This are the top ten list of the largest economy of the world
- 1. USA 22,675,271
- 2. china 16,642,318
- 3.japan 5,378,136
- 4.germany 4,319,286
- 5.united Kingdom 3,124,650
- 6.india 3,049,704
- 7.france 2,938,271
- 8.italy 2,106,207
- 9.canada 1,883,487
- 10.south korea 1,806,707
Usa: 22,675,271 as of 2021 it still by far the largest economy of the world . As it hold and control one quarter of the world economy.
It economy is larger than the entire Europe combine! It have the most technologically advanced economy in the world.a leading exporter and importers of goods and services.and the second largest consumers of energy,a major contributor to global warming.
It hold about 29% of the world total wealth and rank very high in quality of life, human development index, happiness and prosperity,ease at doing business.
China: 16,642,318 as of 2021 it have the second largest economy when measured by nominal, and have the largest economy when measured by ppp.
Since the 200s is a major growth contributor to the global economy. it economy have move from a trashed to become a major player in the world economy system.
Previously a least developing economies it have since moved to become an upper middle income country which will become a high income country by 2022 , a developed country by 2026 and the largest economy by 2028 .
“Removal of Didi app in China will affect business”Didi warn!!
China ministry of internet regulator order app store to block Didi app and to stop offering Didi app on late Sunday
It claims that the firm’s illegally collected users personal data
It comes just a few days after tech gaint began selling share on the New York stock exchange and online marketing.
Didi chuxing china largest and biggest ride -hailing company has warned that “there will be an adverse impact on it revenue”
after it app was was deleted from Chinese app store.
Didi Said in a statement that “the company will strive to rectify any problems, improve it risks prevention awareness and technological capabilities,protect user privacy and data security and continue to provide secure and convenient service to it users”
That came after the cyberspace administration of china (cac) said”after checking and verification we found out that the Didi chuxing app was in serious violation of regulation in it collection and used of personal information”
Cac announce two days earlier, it was investigating the firm’s to protect ” national security and public interest ” though prompting Didi share to drop by 5.3%.
Didi gathers large amounts of of real time data every day, it used it for autonomous driving technologies and trafficking analysis.
The Large firm’s giants raised about 4.4 billions dollars for the initial public offering (IPO) in what was the largest listing in the us by a Chinese company since about 2014 Alibaba debut.
Just last week, china answers to ubers that made it debut on the New York stock exchange and by the end of Friday trading have a trusted marketing value of almost $74.5bn(€53.9bn).
Didi trouble are just starting
By Asian presenter Karishma Vaswani.
When I spoke to did founder of Didi app yesterday he told me ” he really feel concern about it” say that it more likely to affect business in China.
Karishma went on to say we once also met in 2018 the one thing that was apparent was that this was a man on a mission.
He wanted to take the Chinese firms overseas, and to offer a new vision of what a company driven by data could make possible.
” we were born in China”he told me during an interview with the BBC series Asia tech Titans.
And we hope to be a global company. We hope to be able to solve traffic and transportation problem around the world and for the world.
The great and huge ambitious Cheng Wei display to me at the rooftop of hi sprawling Beijing campus manifest itself in his Didi much anticipated us IPO last week.
But the environment of china is much different today from when I spoke to the Didi founder in just few years back.
There are tighter scrutiny now both inside and outside china, as we all know.and didi trouble came against backdrop of a broader crackdown.
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Large Iranian navy ship sinks after catching fire
The Large vessel ship sank close to the port of jask, near the straits of Hormuz
Tehran Iran- one of Iran largest navy ship has sunk after catching fire near the straits of Hormuz.
Kharg, named after an island nearby that serves as a key oil terminal, caught fire in the early morning hours of Wednesday local time. More than 20 hours of rescue operations failed to save it.the army said!!
The army car
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