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HomeBusinessRanking of Top 10 Economies Worldwide: India's Ascent to 3rd Place anticipated

Ranking of Top 10 Economies Worldwide: India’s Ascent to 3rd Place anticipated

The IMF has released data for 2023 ranking the top 11-15 largest economies in the world after the top 10. Russia has secured the 11th spot with a GDP of $1,997.03 billion, followed by Mexico at 12th place with a GDP of $1,788.897 billion. Australia comes in at 13th place with a GDP of $1,741.882 billion, Korea at 14th with $1,712.793 billion GDP, and Spain at 15th with $1,581.151 billion GDP.

These rankings highlight the economic strength and contributions of these countries to the global economy. Russia’s economy continues to be a significant player on the world stage, with Mexico and Australia following closely behind in the rankings. Korea and Spain also demonstrate their economic prowess, securing spots in the top 15 largest economies.

As the world continues to navigate economic challenges and opportunities, these rankings provide valuable insights into the economic landscape and the positions of various countries. The IMF’s data serves as a benchmark for policymakers, businesses, and investors to gauge the economic performance and potential of these top 11-15 largest economies in the world.

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