Sunday, 5th May 2012
According to the GDP, the overview of Gross domestic Products of the biggest worldwide economies shows how they were developing though out 17 years. Furthermore, the strongest economies are USA, Japan, Germany, France, and Great Britain. Unfortunately, Spain has missed the race since 2010, and new countries (emerging markets) have entered the GDP track affected by the financial crisis such as India, Brazil, and Russia. Steadily, Italy has hold its position for 5 years around 2.1 trillion of dollars. Moreover, it’s important to note that US, China economies have increased rapidly depending on the public debt level like treasury bills and others.. However, according to economic growth data the research has excluded the mentioned above economies and has taken another list like Middle, Far East countries, and South America markets. Surprisingly, the developed countries like 8 giants were out of economic growth record because of the high debt level. Please check the following link to demonstrate the explaining chart.