5 Countries with the Best Economy in the World in 2024

1. United States of America

GDP Growth: 2.70%

GDP Value: $28.7 trillion

GDP Per Capita: $85,370

America’s $28.7 trillion GDP is 3x the times of all other GDPs on our list combined. The total value of the ex-USA economies in our list of the best economies in the world is roughly $9.1 trillion, which isn’t even half of the American output. America’s economic crown jewel is its technology industry, as it houses all of the world’s biggest technology companies. These firms have also led the world in the ongoing AI revolution, and the US’s financial hub of Wall Street sets the tone for the global industry. American universities are among the best in the world, and its defense industry is the envy of dictatorships and repressive regimes who are often willing to go to extreme lengths to have a chance to enjoy the technological advantage that makes the US military the most formidable in the world.

To take a complete look at the best economies in the world, you can check out our coverage of the 20 Countries with the Best Economy in the World in 2024. At Insider Monkey, we delve into a variety of topics, ranging from the cities that smoke the most weed to business aspects; however, our expertise lies in identifying the top-performing stocks. Currently, Artificial Intelligence (AI) technology stands out as one of the most promising fields. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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