According to data released by the International Monetary Fund (IMF) on February 7, 2024, Germany has now become the world's third-largest economy after the UK and Japan fell into recession.
Apart from that, the United States maintains its first position as the largest economy in 2024.
Let's take a look at the top 10 largest economies in 2024:
This North American country is the tenth largest economy in the world with a GDP of USD 2,242 billion.
The South American country - Brazil - is at the ninth spot on the list with a GDP of USD 2,272 billion.
Italy is the eighth largest economy in the world with a GDP of USD 2,280 billion.
France takes the seventh spot on this list with a GDP of USD 3,182 billion.
United Kingdom or Britain, is the sixth-largest economy in the world with a GDP of USD 3,592 billion.
India takes the fifth position on this list with a GDP of USD 4,112 billion.
The East Asian country - Japan - is at the fourth spot in the list with a GDP of USD 4,291 billion.
Since the UK and Japan have fallen into recession, Germany has now moved up to third place in the list with a GDP of USD 4,730 billion.
China, officially the People's Republic of China, is the second largest economy in the world with a GDP of USD 18,566 billion.
The United States maintains its first position. The country is the largest economy in the world with a GDP of USD 27,974 billion.