In a difficult economic context, the International Monetary Fund (IMF) published its growth forecast for 2023 last week in its World Economic Outlook. Based on the document, here is a ranking of the 10 countries that should be the richest on the planet next year.
Despite declining growth prospects worldwide, some countries will manage to survive in 2023. In a document entitled World Economic Outlook Published on Oct. 11, the IMF provides its growth forecast on a planetary scale by estimating each country’s gross domestic product (GDP) for next year.
In detail, next year’s ranking of the 10 richest countries can be established with a 2023 GDP estimate, and the evolution between 2022 and next year.
UNITED STATES OF AMERICA
With an estimated GDP of 26.628 billion euros in 2023, a 1% increase compared to this year.
China
With an estimated GDP of 22.009 billion euros in 2023, an increase of 4.4% compared to 2022.
Japan
With an estimated GDP of 4.439 billion euros in 2023, an increase of 1.6% compared to 2022.
German
With an estimated GDP of 4.190 billion euros in 2023, it is down 0.3% compared to this year.
India
With an estimated GDP of 3.885 billion euros in 2023, an increase of 6.1% compared to 2022.
great Britain
With an estimated GDP of 3.538 billion euros in 2023, an increase of 0.3% over the year.
France
With an estimated GDP of 2.854 billion euros in 2023, an increase of 0.7% compared to 2022.
Canada
With an estimated GDP of 2.365 billion euros in 2023, an increase of 1.5% from one year to the next.
Russia
With an estimated GDP of 2.171 billion euros in 2023, an increase of 1% compared to 2022.
Brazil
With an estimated GDP of 2.094 billion euros in 2023, an increase of 1%.
Global growth will fall sharply
To achieve this result, the IMF takes into account many factors, such as rising global inflation, global supply difficulties, supply disruptions, and the war in Ukraine. Based on these factors, the organization has compiled an overall worrying finding: global growth is expected to fall from 6% in 2021 to 3.2% in 2022 and 2.7% in 2023.
As a reminder, GDP is an economic indicator that is used as a reference for measuring the production of a country’s wealth because it includes the value of all goods and services produced in the past year.
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