World's Top Seven Economies Ranking

[Deleted]

http://money.cnn.com/2017/11/22/news...rld/index.html

On Wednesday, the Office of Budget Responsibility slashed its U.K. growth forecasts for 2017 from 2% to 1.5%. It expects a 1.4% expansion next year, followed by 1.3% in 2019 and 2020.

Here are the world's top seven economies, according to the 2017 IMF forecast:

• 1) - U.S. - $19.4 trillion
• 2) - China - $11.9 trillion
• 3) - Japan - $4.9 trillion
• 4) - Germany - $3.7 trillion
• 5) - France - $2.575 trillion
• 6) - U.K. - $2.565 trillion
• 7) - India - $2.4 trillion

We are doing fine, france might of took the 5th spot but its very close. No chance of us thou ever catching the top dogs, the u.s or china.

[Deleted]

I am surprised India is still so low.

[Deleted]

I am surprised India is still so low.

They say that they will soon surpass the uk and france by 2019, they are growing rapidly.

[Kalis]

OT: I'm surprised India, a place where people shit in the street is doing so well!

GDP is helped by having large populations.

[whywhatwhowhenhow]

GDP is helped by having large populations.

Makes sense. So we (UK) aren't doing too bad considering we're a tiny little island.

[Doctor Funkenstein]

Makes sense. So we (UK) aren't doing too bad considering we're a tiny little island.

Well, yeah, you're still riding high on all the shit you stole during your Imperial years.

[Kalis]

Makes sense. So we (UK) aren't doing too bad considering we're a tiny little island.

Taking into account population the order of that list would be:

1 US
2 Germany
3-5 France, UK and Japan - all quite close
6 China
















7 India

[Deleted]

Taking into account population the order of that list would be:

1 US
2 Germany
3-5 France, UK and Japan - all quite close
6 China
















7 India

Japan has twice our population and twice our wealth, France has near identical population and near identical wealth, the theory works.

[Auxora]

http://www.usdebtclock.org/world-debt-clock.html

Interesting that in the US we're always told doomsday stories about our massive national debt. Yet you look at the numbers and actually there are 5-6 countries with worse debt-GDP ratios than the US. In fact Japan is way, way, out front of any other country in terms of debt at almost 2.5x GDP (and worse off even than Greece). Portugal, Belguim, Canada, France, UK, and Brazil all have higher debt-GDP ratios than the US. So maybe the US debt is not the end of the world.

Like other's said, population matters too. China's GDP is #2, but their population is also 4.5x the US. So their GDP would need to be over $90 trillion to be similar to the US per capita.

[Deleted]

Makes sense. So we (UK) aren't doing too bad considering we're a tiny little island.

France is kickg your ass

ENJOY BREXIT !!!

[Deleted]

Makes sense. So we (UK) aren't doing too bad considering we're a tiny little island.

France kicking your ass!! .....enjoy brexit

[Mormolyce]

Taking into account population the order of that list would be:

1 US
2 Germany
3-5 France, UK and Japan - all quite close
6 China
















7 India

What measure are you talking about here? GDP PPP per capita?

The issue with those kinds of measures is that you get a lot of teeny weeny places like Qatar and Luxembourg at the top of the list. But I guess if you strip it down to the "big" countries you could make a list like that.

If you do though I think you'll find Norway is consistently above the US (and Switzerland if that's big enough to count). Sweden, Germany, Australia and Canada are consistently above the UK. China is way down the list, you should have as big a gap as you do for India.

[Deleted]

http://money.cnn.com/2017/11/22/news...rld/index.html




We are doing fine, france might of took the 5th spot but its very close. No chance of us thou ever catching the top dogs, the u.s or china.

"We" aren't doing shit. This is a measurement of how much money passes through the city from abroad and returns. It doesn't get taxes or filter through to the economy. In short it is meaningless.

[Deleted]

"We" aren't doing shit. This is a measurement of how much money passes through the city from abroad and returns. It doesn't get taxes or filter through to the economy. In short it is meaningless.

Hmm..... Where do you come from? let me guess.....germany ?? JAPAN SAYS HELLO !!

[Deleted]

Hmm..... Where do you come from? let me guess.....germany ?? JAPAN SAYS HELLO !!

English obviously.

[Deleted]

English obviously.

How do you feel about japan being stronger than you ? they are small island aswel ?

[Deleted]

How do you feel about japan being stronger than you ? they are small island aswel ?

With twice our population and twice our wealth.

[Deleted]

How do you feel about japan being stronger than you ? they are small island aswel ?

I wish them every success.

[Deleted]

http://money.cnn.com/2017/11/22/news...rld/index.html




We are doing fine, france might of took the 5th spot but its very close. No chance of us thou ever catching the top dogs, the u.s or china.

Once the EU withdraws the financial center of the EU from London, you'll be losing around 250 billion pounds of your economy.

Add another 100 billion pounds for losing the EMA.

Doesn't even include the job losses, the tax losses and potential recession, IMF estimates a 3% to 8% recession between 2018-2020.

[Skroe]

http://www.usdebtclock.org/world-debt-clock.html

Interesting that in the US we're always told doomsday stories about our massive national debt. Yet you look at the numbers and actually there are 5-6 countries with worse debt-GDP ratios than the US. In fact Japan is way, way, out front of any other country in terms of debt at almost 2.5x GDP (and worse off even than Greece). Portugal, Belguim, Canada, France, UK, and Brazil all have higher debt-GDP ratios than the US. So maybe the US debt is not the end of the world.

Like other's said, population matters too. China's GDP is #2, but their population is also 4.5x the US. So their GDP would need to be over $90 trillion to be similar to the US per capita.

The danger of the debt to GDP ratio is the rate of growth, not the absolute number. And it's projected increases as boomers retire.

The US should cut services and raise taxes to reduce the debt for a few years.