What do you think what are the richest countries in the world by 2017 GDP? Insider Monkey has recently published an interesting article about this topic. GDP, or gross domestic product, is one of the parameters that gives insight into a country’s economy, i.e. how successful a certain economy of a country is compared to others.
Now without a further ado let’s see what Insider Monkey has investigated for us. We have picked three richest countries in the world by 2017 GDP .
The first one is Sweden. 8GDP in billions: $507,046)
Being known as the one of the richest countries in the world by GDP, Sweden is rightly defending that position this year as well. Sweden’s GDP for 2017 has grown 4 percent more than last year, with as high as 1.7 percent growth in the second quarter. The next country is Argentina, where the GDP in billions: $628,935. The economy of Argentina has been fluctuating during last several years with recent drops of GDP in 2016. This year has shown a somewhat better situation, with GDP growing from 2.5 to 3 percent in the second quarter of 2017. The third one is Switzerland, where the GDP in billions: $659,368. Switzerland has always been known as being one of the richest countries in the world with a steady economy. Concerning the GDP in 2017, it grew 0.3 percent in the first quarter. The fourth country is Netherlands, the GDP in billions: $762,694. The economy of Netherlands seems to be on a rather small but stable growth trend, which is a trend convenient for one of therichest countries in the world by 2017 GDP. It has reached the projected 2.1 percent GDP growth. Projections for the next year are 1.7 percent. The next country for today is Indonesia, which was a great surprise for me. GDP in billions is $1,020.52. Indonesia is showing a slight increase in GDP values. From the first quarter in 2015, when GDP was 4.71 percent, and in 2016 (first quarter) when it was 4.92 percent, 2017 seems to beat those numbers with 5.01 percent of GDP growth. The last country on our list is Spain, where the GDP in billions: $1,232.44. The last quarter seems to have been favorable to Spain’s economy. The GDP growth showed a figure of 0.9 percent which was even higher than the GDP of same quarter for UK and France, that are also one of the richest countries in the world by 2017 GDP.
For any further useful information, read Insider Monkey’s article about 25. richest countries in the world by 2017 GDP