The US remains the world's largest economy, but the Americans are chased by the Chinese. Poland is to approach the top twenty - according to IMF forecasts. In 2021, the United States retained its reputation as the world's largest economy. US nominal GDP grew by 10 percent to nearly $ 23 trillion. Even faster, taking into account the appreciation of the yuan against the dollar, China's GDP swelled as the world's most important currency. After a jump of more than 17 percent. exceeded $ 17 trillion. In the context of the race for global economic primacy, however, it is worth remembering that the world's main macroeconomic indicator remains a propaganda tool in Beijing's hands, and its size is not as correlated with actual, productive economic activity as it is in the case of the United States. And that distorts the already imperfect comparisons based on GDP. According to IMF estimates, the world's third largest economy, in terms of dollars, has shrunk. The country's GDP has fallen below $ 5 trillion. The IMF data and estimates show that the top ten of the world's largest economies in 2020 maintained their positions in 2021. Some changes took place further: Iran moved up to the 14th place, ahead of Spain, Mexico and Indonesia, and Saudi Arabia jumped on 19th place, beating Switzerland and Turkey. Poland maintained its 23rd position. The IMF predicts that the ranking will be reshuffled this year. Canada is set to leap over Italy, and Brazil is set to leapfrog Russia, South Korea and Australia. Saudi Arabia is to take the next step up. Poland is to move up one step ahead, ahead of Turkey The forecast for Russia raises doubts. Nominal GDP is to increase by almost 15 percent. (drop in real terms by 8.5%), and in terms of dollars, increase by 3%. However, the current forecasts of the ruble exchange rate, and even its current valuation, are very controversial and it is difficult to determine the real price of the Russian currency, which is used to calculate the above ranking. The situation is similar in the case of Iran, where despite over 40 percent. of inflation, the riyal formally remains fixed against the dollar, By Maciej KalwasiΕski #likes #like #follow #likefo (w: Εwiat) https://www.instagram.com/p/CclySJ4ruTd/?igshid=NGJjMDIxMWI=
