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Turkey’s Value Increases in the League of World Economy

USA which rates the first with its Gross Domestic Product (GDP) of 17.4 trillion dollars among the biggest economies of the world is followed by China, Japan, Germany, United Kingdom, France, Brazil and Italy in subsequent order.  According to the compilation of made from the data by the World Bank, United States of America (USA) has the world biggest economy with a GDP of 17 trillion 419 billion dollars on the basis of GDP in 2014 in ruling prices.

USA is followed by China with a GDP of about 10.3 trillion dollars, Japan with a GDP of 4.6 trillion dollars, Germany with a GDP of 3.9 trillion dollars and United Kingdom with a GDP of 2.9 trillion dollars.

In economic magnitude France is the sixth with a GDP of 2.8 trillion dollars, Brazil is the seventh with a GDP of 2.3 trillion dollars, Italy is the eighth with a GDP of 2.1 trillion dollars, India is the ninth with a GDP of 2 trillion dollars and Russian Federation is the tenth with a GDP of about 1.9 trillion dollars.

Indonesia with a GDP of 888.5 billion dollars is the 16th biggest economy in the world, the Netherlands is the 17th biggest economy in the world with a GDP of 869.5 billion dollars and Turkey which has a GDP of 799.6 billion dollars has the 18th biggest economy in the world.

Turkey is subsequently followed by Saudi Arabia (with 746.2 billion dollars) and Sweden (with 570.5 billion dollars) on the basis of GDP on country basis.

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