Archive | December 28, 2011

Top Economies League Changes Slightly

1 in 4 California households with children reported food hardship (Food Research and Action Center)

Top Economies League Changes Slightly

The US is still the world’s dominant economy, and central to the global economic system simply becuase the US dollar is the world’s reserve currency (ie the currency that we all need in order to trade).

However things can change…

According to the Centre for Economics and Business Research latest World Economic League Table the top economies as we approach the close of 2011 are:

United States 15,065

2 China 6,988

3 Japan 5,855

4 Germany 3,629

5 France 2,808

6 Brazil 2,518

7 United Kingdom 2,481

8 Italy 2,246

9 Russia 1,885

10 India 1,843

11 Canada 1,759

12 Spain 1,536

13 Australia 1,507

14 Mexico 1,185

15 Korea 1,164

16 Netherlands 858

17 Indonesia 834

18 Turkey 763

19 Switzerland 666

20 Sweden 572

21 Saudi Arabia 560

22 Poland 532

23 Belgium 529

24 Taiwan 505

25 Norway 479

26 Islamic Republic of Iran 475

27 Argentina 435

28 Austria 425

29 South Africa 422

30 United Arab Emirates 358

In 2010, CEBR’s League looked like this:

Rank Country $ GDP (billions) Rank Country $ GDP (billions)

1 United States 14,527

2 China 5,878

3 Japan 5,459

4 Germany 3,286

5 France 2,563

6 United Kingdom 2,250

7 Brazil 2,090

8 Italy 2,055

9 India 1,632

10 Russia 1,480

11 Canada 1,577

12 Spain 1,410

13 Australia 1,237

14 Mexico 1,034

15 Korea 1,014

16 Netherlands 781

17 Turkey 735

18 Indonesia 707

19 Switzerland 528

20 Poland 469

21 Belgium 468

22 Sweden 459

23 Saudi Arabia 448

24 Taiwan 430

25 Norway 413

26 Islamic Republic of Iran 407

27 Austria 377

28 Argentina 370

29 South Africa 364

30 United Arab Emirates 302

Source

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