Despite ripple effects from conflict and inflation, global growth continues. According to the IMF, the global GDP will hit $104 trillion by end of year.
China has spearheaded its economy towards a global superpower, and as a result, has overtaken the U.S. as the EUs top trade partner
The last decade has witnessed an avalanche of investor capital gravitating towards private equity, along with much richer deal valuations.
After adjusting GDP for purchasing power parity (PPP), here is how the composition of the world economy breaks down by country.
Latest estimates put the world economy at about $80 trillion in nominal GDP. Here is how each individual country stacks up in terms of size.