In top 10, Eight countries are common in both methods. Others two Italy and Canada are in top 10 on nominal basis, while Russia and Indonesia are in top 10 on ppp basis. In both methods, United States and China would occupy first two place.
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US would be the largest economy of world on nominal basis where as China would be largest on ppp basis. China has overtook US in on ppp basis. China will remain the world's largest economy on ppp basis over the next few decades as 2nd ranked US is growing slow and 3rd ranked India is way behind.
In nominal ranking, India which is at 7th place inis projected to surpass United Kingdom and France in to become 5th largest economy of the world. France is also projected to overtake United Kingdom.
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Switzerland would move up to 19th by displacing Turkey. Among top 50, Rank of Iran would down by 10 followed by Argentina, down by 4 position. Bangladesh might overtake Pakistan.
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Germany 4,18Canada 10,19Australia 14,11Netherlands 17,13 and Switzerland 19,3 are in top twenty list of both ranking. In PPP, no economy in top ten in both ranking.
GDP Nominal Ranking