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The $100 Trillion Global Economy in One Chart

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Check out the latest 2023 update of the global economy in one chart.

This infographic visualizes the 100 trillion global economy by country GDP

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Visualizing the $100 Trillion Global Economy in One Chart

Check out the latest 2023 update of the global economy in one chart.

Surpassing the $100 trillion mark is a new milestone for global economic output.

We’ve covered this topic in the past when the world’s GDP was $88 trillion (2020) and then $94 trillion (2021), and now according to the latest projections, the IMF expects the global economy to reach nearly $104 trillion in nominal value by the end of 2022.

Although growth keeps trending upwards, the recovery that was expected in the post-pandemic period is looking strained. Because of recent conflicts, supply chain bottlenecks, and subsequent inflation, global economic projections are getting revised downwards.

Global annual GDP growth for 2022 was initially projected to be 4.4% as of January, but this has since been adjusted to 3.6%.

Note: This data from the IMF represents the most recent nominal projections for end of year as of April 2022.

ℹ️ Gross Domestic Product (GDP) is a broad indicator of the economic activity within a country. It measures the total value of economic output—goods and services—produced within a given time frame by both the private and public sectors.

The 50 Largest Economies in the World

The United States is still the economic leader worldwide, with a GDP of $25.3 trillion—making up nearly one quarter of the global economy. China follows close behind at $19.9 trillion. Here’s a look at the top 50 countries in terms of GDP:

Rank CountryGDP (current prices, USD)
#1🇺🇸 United States$25.3 trillion
#2🇨🇳 China$19.9 trillion
#3🇯🇵 Japan$4.9 trillion
#4🇩🇪 Germany$4.3 trillion
#5🇬🇧 United Kingdom$3.4 trillion
#6🇮🇳 India$3.3 trillion
#7🇫🇷 France$2.9 trillion
#8🇨🇦 Canada$2.2 trillion
#9🇮🇹 Italy$2.1 trillion
#10🇧🇷 Brazil$1.8 trillion
#11🇷🇺 Russia$1.8 trillion
#12🇰🇷 South Korea$1.8 trillion
#13🇦🇺 Australia$1.7 trillion
#14🇮🇷 Iran$1.7 trillion
#15🇪🇸 Spain$1.4 trillion
#16🇲🇽 Mexico$1.3 trillion
#17🇮🇩 Indonesia$1.3 trillion
#18🇸🇦 Saudi Arabia$1.0 trillion
#19🇳🇱 Netherlands$1.0 trillion
#20🇨🇭 Switzerland$842 billion
#21🇹🇼 Taiwan$841 billion
#22🇵🇱 Poland$700 billion
#23🇹🇷 Turkey$692 billion
#24🇸🇪 Sweden$621 billion
#25🇧🇪 Belgium$610 billion
#26🇦🇷 Argentina$564 billion
#27🇳🇴 Norway$542 billion
#28🇹🇭 Thailand$522 billion
#29🇮🇱 Israel$521 billion
#30🇮🇪 Ireland$516 billion
#31🇳🇬 Nigeria$511 billion
#32🇦🇪 United Arab Emirates$501 billion
#33🇦🇹 Austria$480 billion
#34🇲🇾 Malaysia$439 billion
#35🇪🇬 Egypt$436 billion
#36🇿🇦 South Africa$426 billion
#37🇸🇬 Singapore$424 billion
#38🇵🇭 Philippines$412 billion
#39🇻🇳 Vietnam$409 billion
#40🇩🇰 Denmark$399 billion
#41🇧🇩 Bangladesh$397 billion
#42🇭🇰 Hong Kong SAR$369 billion
#43🇨🇴 Colombia$351 billion
#44🇨🇱 Chile$318 billion
#45🇫🇮 Finland$298 billion
#46🇮🇶 Iraq$297 billion
#47🇨🇿 Czechia$296 billion
#48🇷🇴 Romania$287 billion
#49🇳🇿 New Zealand$257 billion
#50🇵🇹 Portugal$252 billion

The frontrunner in Europe is Germany at $4.3 trillion, with the UK coming in second place. One significant change since the last reported figures is that Brazil now cracks the top 10, having surpassed South Korea. Russia falls just outside, in 11th place, with a GDP of $1.8 trillion.

While China’s GDP growth has slowed in recent years, projections still indicate that the country will overtake the U.S. by 2030, dethroning the world’s economic leader.

One region also expected to experience growth in the near future is the Middle East and North Africa, thanks to higher oil prices—Iraq and Saudi Arabia in particular are leading this charge. Regional GDP growth in the area is expected to be around 5% in 2022.

The 50 Smallest Economies in the World

Some of the world’s smallest economies were hit particularly hard by the pandemic, and have subsequently been the most affected by the inflation and food supply shortages resulting from the war in Ukraine.

Here’s a look at the countries worldwide with the lowest GDP in 2022:

Rank CountryGDP (current prices, USD)
#191🇹🇻 Tuvalu$66 million
#190🇳🇷 Nauru$134 million
#189🇰🇮 Kiribati$216 million
#188🇵🇼 Palau$244 million
#187🇲🇭 Marshall Islands$267 million
#186🇫🇲 Micronesia$427 million
#185🇸🇹 São Tomé and Príncipe$1 billion
#184🇹🇴 Tonga$1 billion
#183🇩🇲 Dominica$1 billion
#182🇼🇸 Samoa$1 billion
#181🇻🇨 Saint Vincent and the Grenadines$1 billion
#180🇻🇺 Vanuatu$1 billion
#179🇰🇳 Saint Kitts and Nevis$1 billion
#178🇬🇩 Grenada$1 billion
#177🇰🇲 Comoros$1 billion
#176🇦🇬 Antigua and Barbuda$2 billion
#175🇬🇼 Guinea-Bissau$2 billion
#174🇸🇧 Solomon Islands$2 billion
#173🇸🇲 San Marino$2 billion
#172🇸🇨 Seychelles$2 billion
#171🇹🇱 Timor-Leste$2 billion
#170🇧🇿 Belize$2 billion
#169🇨🇻 Cabo Verde$2 billion
#168🇱🇨 Saint Lucia$2 billion
#167🇬🇲 The Gambia$2 billion
#166🇱🇸 Lesotho$3 billion
#165🇪🇷 Eritrea$3 billion
#164🇨🇫 Central African Republic$3 billion
#163🇧🇹 Bhutan$3 billion
#162🇸🇷 Suriname$3 billion
#161🇦🇼 Aruba$3 billion
#160🇦🇩 Andorra$3 billion
#159🇧🇮 Burundi$3 billion
#158🇱🇷 Liberia$4 billion
#157🇩🇯 Djibouti$4 billion
#156🇸🇱 Sierra Leone$4 billion
#155🇸🇿 Eswatini$5 billion
#154🇫🇯 Fiji$5 billion
#153🇲🇻 Maldives$6 billion
#152🇧🇧 Barbados$6 billion
#151🇸🇸 South Sudan$6 billion
#150🇲🇪 Montenegro$6 billion
#149🇹🇯 Tajikistan$8 billion
#148🇸🇴 Somalia$8 billion
#147🇹🇬 Togo$9 billion
#146🇰🇬 Kyrgyzstan$9 billion
#145🇲🇷 Mauritania$9 billion
#144🇽🇰 Kosovo$10 billion
#143🇲🇺 Mauritius$11 billion
#142🇲🇼 Malawi$12 billion

The smallest economy in the world measured in the IMF rankings is Tuvalu at $66 million. Most of the bottom 50 are considered low- to middle-income and emerging/developing countries. According to the World Bank, in developing countries, the level of per capita income in 2022 will be about 5% below the pre-pandemic trends.

Some countries are actually projected to experience negative GDP growth this year, particularly emerging and developing economies in Europe.

For example, Russia is expected to experience a GDP growth rate of -8.5% in 2022, though it still remains to be seen how the cost of war and increasingly harsh global sanctions impact the country’s economic prospects.

Inflation, Stagflation, Recession – How Bad is it?

While global economic growth has already been revised downwards, it’s possible the situation could be even more serious. Organizations like the World Bank say that risks of stagflation are rising. Stagflation, which hasn’t occurred since the 1970s, is defined as an economy that’s experiencing rising inflation combined with a stagnant economic output.

Currently, global consumer inflation is currently pegged at 7%. Daily goods are becoming increasingly difficult to purchase and interest rates are on the rise as central banks worldwide try to control the situation. As recent events in Sri Lanka demonstrate, low-income countries are particularly at risk to economic volatility.

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Sports

Ranked: Which NHL Team Takes Home the Most Revenue?

The Oilers are the second-highest earning team in the NHL and the Panthers are 26th. We show the top teams in the NHL by revenue in 2023.

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Visualization of NHL team revenues

Which NHL Team Takes Home the Most Revenues?

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

This graphic shows every NHL team’s revenue from the 2022/23 season using data from Forbes, compiled by JP Morgan Asset Management.

Ranked: The Highest-Earning NHL Teams

As the final round of the Stanley Cup Playoffs wears on, two teams on different ends of the revenue spectrum face off.

Despite representing a much smaller city than the other teams at the top of the ranking, the Edmonton Oilers have the second highest revenue in the league at $281 million. The Oilers have seen the fastest revenue growth over the past five years (13%) as the team has improved.

Team2022-23 Season RevenueValuation
Toronto Maple Leafs$281M$2.8B
Edmonton Oilers$281M$1.9B
Los Angeles Kings$279M$2.0B
New York Rangers$265M$2.7B
Montreal Canadiens$265M$2.3B
New Jersey Devils$240M$1.5B
Boston Bruins$239M$1.9B
Vegas Golden Knights$233M$1.1B
Chicago Blackhawks$228M$1.9B
Philadelphia Flyers$219M$1.7B
Washington Capitals$218M$1.6B
Dallas Stars$210M$1.1B
Pittsburgh Penguins$207M$1.2B
Detroit Red Wings$199M$1.2B
Vancouver Canucks$198M$1.3B
Seattle Kraken$197M$1.2B
Tampa Bay Lightning$196M$1.3B
Minnesota Wild$185M$1.1B
St Louis Blues$184M$1.0B
New York Islanders$183M$1.6B
Calgary Flames$183M$1.1B
Colorado Avalanche$182M$1.2B
Nashville Predators$180M$1.0B
Carolina Hurricanes$177M$0.8B
Anaheim Ducks$164M$0.9B
Winnipeg Jets$162M$0.8B
Florida Panthers$161M$0.8B
Buffalo Sabres$159M$0.8B
San Jose Sharks$158M$0.9B
Columbus Blue Jackets$151M$0.8B
Ottawa Senators$128M$1.0B
Arizona Coyotes$120M$0.5B

In the 2022/23 season, the Florida Panthers pulled off a major upset in the first round of the playoffs and fought their way to the finals before losing to the Vegas Golden Knights.

Despite the success last season, the Panthers still find themselves in the bottom six in this ranking, with $161 million in revenue. The team also has the second lowest operating income in the league, after Ottawa. Florida is an emerging hockey market though, with revenue increasing 9% over the past five years.

Other Hockey Revenue Highlights

  • Along with the Oilers, the Toronto Maple Leafs sit at the top of the revenue ranking. There is a key difference though: the Maple Leafs have a higher valuation-to-revenue multiple (10x vs 6.6x).
  • Professional hockey remains attractive to advertisers. In the 2022/23 season, team-specific sponsorship revenue was 36% higher than in 2018/19.
  • The team with the lowest revenue, the Arizona Coyotes, will be moving to Utah next season.
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