If we look even closer, the top five countries in terms of nominal GDP -- the U.S., China, Japan, Germany and India -- contribute a whopping 55% to the world's GDP. The United States, the world's largest economy with a nominal GDP of $21.44 trillion, constitutes one-fourth of the world economy.
Considering this, which is the best country to live in the world?
The Scandinavian country recently ranked as the world's best place to live. Editorial credit: Ana Flasker / Shutterstock.com. According to a study conducted by the Legatum Institute in 2018, Norway is the best country to live in today. It is followed by New Zealand, Finland, Switzerland, Denmark, and Sweden.
Likewise, which country has the best healthcare?
Countries with the best healthcare systems in the world have scores between 90-96.1. The Netherlands holds the highest score of 96.1.
Based on the latest report, the following countries were found to have the best healthcare:
- Hong Kong.
- The Netherlands.
What country is the poorest?
- Burkina Faso.
- Sierra Leone.
- South Sudan.
- Central African Republic.
- Niger. A combination of a GNI per capita of $906, life expectancy of 60.4 years, and a mean 2 years of schooling (against an expected 5.4) lead to Niger topping the UN's human development report as the world's poorest country.
Who will be the superpower in 2050?
In 2050, according to Goldman Sachs, the United States will be the only Western power to make it into the top five. Although the United States will be number two in 2050, its economy will be much smaller than China's. Goldman Sachs projects that China's GDP should match America's by 2027, and then steadily pull ahead.