Question: Which Countries Have The Highest GDP Growth Rate?

Which country has highest GDP rate?

United StatesGDP by Country#CountryShare of World GDP1United States24.08%2China15.12%3Japan6.02%4Germany4.56%56 more rows.

Which is the No 1 state in India?

List of states and territories of India by number of places of worshipRankState / TerritoryNumber of Places of Worship01Uttar Pradesh265,27002West Bengal228,45203Maharashtra220,45804Karnataka207,33233 more rows

What is the world’s poorest country?

Niger1. Niger. A combination of a GNI per capita of $906, life expectancy of 60.4 years, and a mean 2 years of schooling (against an expected 5.4) lead to Niger topping the UN’s human development report as the world’s poorest country.

Who is poor state in India?

Bihar, Uttar Pradesh, Manipur, Jharkhand, and Assam, are the top 5 poorest states in terms of NSDP Per Capita. These five states have Net State Domestic Product Per Capita below Rs. 80,000 per annum.

Which country has the fastest growing GDP?

IndiaIndia is the fastest-growing trillion-dollar economy in the world and the fifth-largest overall, with a nominal GDP of $2.94 trillion. India has become the fifth-largest economy in 2019, overtaking the United Kingdom and France.

Which is the richest state in India?

MaharashtraGSDPRankState/UTNominal GDP (trillion INR, lakh crore ₹)1Maharashtra₹28.78 lakh crore (US$400 billion)2Tamil Nadu₹18.45 lakh crore (US$260 billion)3Uttar Pradesh₹17.94 lakh crore (US$250 billion)4Karnataka₹16.99 lakh crore (US$240 billion)29 more rows

Is the US economy strong?

The US economy has now been hit by the biggest economic contraction ever recorded and the highest unemployment rate in more than 80 years. … In the second quarter of 2020 – accounting for April, May and June – the economy contracted by over 30%. That’s more than three times greater than the 10% fall in 1958.

Who is the richest country in the world?

United StatesUnited States is the richest country in the world, and it has the biggest wealth gap. The United States led the world in growth of financial assets last year thanks to tax cuts and booming stock markets, but its distribution of wealth was more unequal than in any other country, according to a study published Wednesday.

Is a high GDP good or bad?

Economists traditionally use gross domestic product (GDP) to measure economic progress. If GDP is rising, the economy is in solid shape, and the nation is moving forward. On the other hand, if gross domestic product is falling, the economy might be in trouble, and the nation is losing ground.

Which country has highest GDP growth rate in 2020?

ChinaProjected GDP Ranking On nominal basis, US is ahead of China by $7.05 trillion. while on ppp basis, China is ahead by almost equal margin of Int. $7.15. Margin between US and China is coming down in nominal ranking as China gdp growth rate of 2020 (5.82%) is much higher than US’s 2.09%.

Who has the strongest economy in the world 2020?

The Current Top Economies In fact, the U.S. and China are the dominant leaders in the top 10 largest economies. The others include: Japan at $5.2 trillion in 2019 and an estimated $5.4 trillion in 2020. Germany at $4.2 trillion in 2019 and an estimated $4.5 trillion in 2020.

Which is the beautiful state in India?

KeralaReferred to as ‘God’s Own Country’, Kerala is one of India’s prettiest states. It is home to some of the country’s most stunning beaches, including Kovalam, Muzhappilangad, Varakala and many more.

Which country has lowest GDP?

TuvaluTuvalu is the world’s smallest national economy, with a GDP of about $32 million, because of its very small population, a lack of natural resources, reliance on foreign aid, negligible capital investment, demographic problems, and low average incomes.

What are the 5 poorest countries?

Niger. A combination of a GNI per capita of $906, life expectancy of 60.4 years, and a mean 2 years of schooling (against an expected 5.4) lead to Niger once again topping the UN’s human development report as the world’s poorest country.Central African Republic. … Chad. … South Sudan. … Burundi. … Mali. … Eritrea. … Burkina Faso. … More items…•