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HEY PRESTO: as if by magic, Nigeria has declared itself the biggest economy in Africa. Overnight, with the wave of a statistical wand, it has added 89% to its GDP, now worth $510 billion, and soared past the previous leader, South Africa, worth $370 billion. Nothing has changed in Nigeriaâs real economy, except the way it is measured. Yet the magic matters. The GDP revision is not mere trickery.
France. France, the most visited country in the world is the fifth largest economy in the world with a nominal GDP of $2.9 trillion. Its GDP in terms of PPP is around $2.59 trillion.France has a low poverty rate and high standard of living, which is reflected in its GDP (PPP) per capita of $40,445.The country is among the top exporters and importers in the world.. United States. The US economy is the largest economy in the world in terms of nominal GDP (measured at current prices in US dollars). The $17.41 trillion US economy is approximately 22.44 percent of the gross world product.