Emerging economies and numerous crises have shaken most, if not all of, the world’s economies today. Evaluation of size and growth varies greatly amongst analysts, while GDP is measured with two different approaches- nominal GDP and purchasing power parity or PPP GDP.
The latter considers the dollar’s buying capabilities in different countries, thereby providing a more accurate analysis of a market’s internal size.
Economy Watch released a list of the top 10 economies in the world based on PPP GDP data from 2010:
- United States
- United Kingdom