Germany has surpassed Japan in the rankings of the world's largest economies. This makes our neighbor the third largest economy after the United States and China. Japan disappears from the top three after decades.
It is clear that Germany will overtake Japan this year with new GDP figures (gross domestic product, everything earned by citizens and businesses combined).
Japan's economy now amounts to $4.2 trillion (about 3.9 trillion euros), and Germany's 4.5 trillion. One of the main reasons for the change in position is the depreciation of the Japanese yen against the dollar, and this comparison is made using the dollar.
However, the German economy had a difficult year. There was contraction (-0.3 percent), while Japan's economy actually grew (1.9 percent). The Japanese economy has contracted in the past two quarters. So the country is in recession.
The International Monetary Fund previously expected Japan to fall further in the global rankings. India, which recently became the world's most populous country, will become the world's fourth-largest economy by 2026 and third-largest by 2027. The country now ranks fifth.
In 1968, Japan became the world's second largest economy after the United States, surpassing West Germany. In 2010, China ranked second.
With a GDP of approximately $1.2 trillion, the Dutch economy is the 18th largest in the world.
20 grootste economieën ter wereld
- Verenigde Staten
- China
- Duitsland
- Japan
- India
- Verenigd Koninkrijk
- Frankrijk
- Italië
- Brazilië
- Canada
- Mexico
- Rusland
- Zuid-Korea
- Australië
- Spanje
- Indonesië
- Turkije
- Nederland
- Saoedi-Arabië
- Zwitserland
