Ranking of countries by nominal GDP in current prices in 1980-2024
16.06.2019 – In 2018, the United States is the world’s largest economy with a nominal GDP of about $20.494 trillion, because of its high average incomes, a large population (according to the U.S. Census Bureau, 329,066 million people as of June 15, 2019), high consumer spending, strong capital investment, and technological innovation. Gross domestic product (GDP) is the market value of all goods and services made in a country in a year. Nominal GDP in current prices does not…
