Liked on YouTube: The World's Top 10 Economies | Updated January 22, 2016 - World Trend News http://youtu.be/ao1BiawOCPc The World's Top 10 Economies | Updated January 22, 2016 The inequitable distribution of income is present at the global level where the nominal gross domestic product (GDP) of the top ten economies adds up to 65 percent of the world’s economy, and the top 15 economies add up to 75 percent. The remaining 172 countries constitute only 25 percent of the world’s economy. Here’s the list of the top ten economies based on the criteria of GDP, current prices (US dollars) which is simply known as nominal GDP. The rankings differ if the same list is prepared using the GDP based on purchasing-power-parity (PPP). As a general rule, developed countries have a smaller gap between their nominal GDP (i.e., current prices) and GDP based on PPP, while the difference is greater in developing countries, which tend to have a higher GDP when valued on purchasing-power-parity basis. (For more, see: The GDP And The World's Top 10 Economies | Updated January 22, 2016 The World's Top 10 Economies | Updated January 22, 2016 The World's Top 10 Economies | Updated January 22, 2016
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