7 Largest Economies In The World 2023

Economy of China – $18.32 trillion

The economy of the People’s Republic of China is a market-oriented economy. Incorporates economic planning through industrial policies and strategic five-year plans.

It is the second largest economy in the world in 2023 by nominal GDP and net wealth and the largest by purchasing power parity (PPP).

China has the world’s fifty six per capita gross domestic product nominal and the seventy per capita gross domestic product PPP in 2023.

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