The different phases of economic cycles toss economies around the world. When compared to the top 20 economies of , 17 are still present on the list, which means only three new entrants. In addition to the key players remaining almost the same, this analysis reveals these economies are the engine of growth, commanding a majority of the global wealth. The U. The size of the U. When the economies are assessed in terms of purchasing power parity, the U. In , the U. The gap between the size of the two economies in terms of nominal GDP is expected to lessen by ; the U. China has experienced exponential growth over the past few decades, breaking the barriers of a centrally-planned closed economy to evolve into a manufacturing and exporting hub of the world. China is often referred to as the "world's factory," given its huge manufacturing and export base.
Global Health Observatory (GHO) data
Ranking the Richest Countries in the World
Interbrand, a brand consultancy firm, ranked the world's biggest companies. They based the ranking on brand strength now, how the brand wants to improve in the future, and what value does it add to the company. Amazon, Google, and Microsoft were some of the leading brands to consumers, while Facebook fell out of the top View Markets Insider's homepage for more stories. Brand image can be a huge factor for companies and their success, often influencing consumer decisions with it.
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