Today i am back with an other interesting post of use full information, ” Top 10 Richest Countries in the World 2013” . First of all i tell you that rich countries are those who have higher Gross Domestic Product per capita. And Gross Domestic Product means measure of all the goods and services produced domestically, thus, refers as a measurement of how wealthy a country is and Lower GDP means a country is struggling economically. The best and basic formula of getting GDP countries to become richest in the world is Consumption + Investment made by industry + excess of exports over imports + government spending. This formula implies that the more the population increases its spending habit on goods, services and the more the country engages in export business the higher its GDP would become. Here are the list of Top 10 Richest Countries in the World.
1. UNITED STATES OF AMERICA
The United States Of America is on no 1 in the list of Top 10 Richest Countries in the World, The United States is a capitalist economy that spends fairly little on social programs as a percent of GDP. The U.S. economy is the world’s largest national economy, with an estimated GDP of $15.1 trillion in 2011.
China is on no 2 in the list of Top 10 Richest Countries in the World, China’s annual GDP growth is 2.26 percent earning $7,743.144 trillion. And Country’s Economy is 2nd largest in the world after U.S.A chief component supporting China’s rapid economic growth has been exports growth.
Japan is on no 3 in the list of Top 10 Richest Countries in the World, Japan is renowned for its aggressiveness in the global economy market having an upper hand in multi-national operation. The country has a USD $6,124.899 trillion.
Germany is on no 4 in the list of Top 10 Richest Countries in the World, Germany is also the richest country in Europe and has produced a sum of USD $3,706.970 trillion. The country is the world’s second largest exporter and its exports account for more than one-third of national output.
France is on no 5 in the list of Top 10 Richest Countries in the World, France is believed to be the second biggest economic strength in Europe because of France’s focus on various industrial support and new age industrialized nations. Achieving USD $2,889.708 trillion.
Brazil is on no 6 in the list of Top 10 Richest Countries in the World, The country had a closed Nominal GDP of 0.80 percent earning USD $2,617.987 trillion before the end of 2011.
7. UNITED KINGDOM
United Kingdom in the list of Top 10 Richest Countries in the World, UK had an average nominal GDP escalation of 0.58 percent earning USD $2,603.880 trillion at the end of 2011.
Italy is on no 8 in list of Top 10 Richest Countries in the World, Italy is a member of the G8 group of leading industrialized countries. The country has a nominal GDP of USD $2,287.704 trillion.
Russia is on no 9 in the list of Top 10 Richest Countries in the World, Russia’s GDP grew by 4.2 percent, which is the world’s third highest growth rate among leading economies. Russia’s capital, Moscow, is noted to have the highest billionaire population of any city in the world.
India is on no 10 in the list of Top 10 Richest Countries in the World, India has the eleventh largest Economy in the world by nominal GDP and the third largest by purchasing power parity. The country’s present up-to-date development according to GDP is USD $2.012.760.000 million and this was predicted by the economists in the beginning of 2011.