By the year 2030, it is projected that China will eclipse the United States and have the largest gross domestic product (GDP) in the world, at 31.7 trillion U.S. dollars. The United States is projected to have the second largest GDP, at 22.9 trillion U.S. dollars.
What is gross domestic product?
Gross domestic product, or GDP, is an economic measure of a country’s production in time. It includes all goods and services produced by a country and is used by economists to determine the health of a country’s economy. However, since GDP just shows the size of an economy and is not adjusted for the country’s size, this can make direct country comparisons complicated.
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Spiegel. (January 3, 2011). The 15 countries with the highest gross domestic product (GDP) in 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/271724/forecast-for-the-countries-with-the-highest-gross-domestic-product-gdp-in-2030/
Spiegel. "The 15 countries with the highest gross domestic product (GDP) in 2030 (in billion U.S. dollars)." Chart. January 3, 2011. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/271724/forecast-for-the-countries-with-the-highest-gross-domestic-product-gdp-in-2030/
Spiegel. (2011). The 15 countries with the highest gross domestic product (GDP) in 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/271724/forecast-for-the-countries-with-the-highest-gross-domestic-product-gdp-in-2030/
Spiegel. "The 15 Countries with The Highest Gross Domestic Product (Gdp) in 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 3 Jan 2011, https://www.statista.com/statistics/271724/forecast-for-the-countries-with-the-highest-gross-domestic-product-gdp-in-2030/
Spiegel, The 15 countries with the highest gross domestic product (GDP) in 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/271724/forecast-for-the-countries-with-the-highest-gross-domestic-product-gdp-in-2030/ (last visited November 21, 2024)
The 15 countries with the highest gross domestic product (GDP) in 2030 (in billion U.S. dollars) [Graph], Spiegel, January 3, 2011. [Online]. Available: https://www.statista.com/statistics/271724/forecast-for-the-countries-with-the-highest-gross-domestic-product-gdp-in-2030/