How would you rank the world's economies right now ?

Question

the main categories i'd use is

1 total nominal gdp

2 total trade (exports plus imports)

3 gdp per capita

4 how reliant the biggest economies in the world are on them for trade

5 oil reserves, petroleum, freshwater

6 population

7 number of billionaires

8 gdp growth (and how sustainable is that growth, for example China might not have enough land and resources to support a country full of people living like they do in the US).

9 gold and silver reserves, military

10 debt

according to all of that it should be

1 US

2 China (lots of people, trade, gdp growth but it's not sustainable)

3 Japan

4 Germany

5 France

6 UK

7 Italy (top 8 trade, top 7 gdp, growing gdp per capita)

8 Canada (top 2 oil reserves, 8th highest nominal gdp, total trade 9th highest, high gdp per capita, top 5 freshwater, US trades more with it than China and Japan combined)

9 Russia (gdp growth is very high but total trade is low on the list, doesn't rely on the US for trade)

10 Spain

Answer 1

personally, i think calculating GDP per capita is really pointless. Who cares if the economy is spread throughout a country?

I think it should be measured by total GDP, Population/GDP ratio, Capital and Natural Resources, Economic Expansion, and Inflation

I agree with your rankings, mostly, but since China is very unstable, they should be ranked lower. Here is my ranking:

1. USA

2.Japan

3.Germany

4.UK

5.France

6.China

7.Russia

8.Italy

9.Spain

10.Canada