Economic system consists of the production, consumption, trade, services and supply of money. Criteria for assessing the degree of economic development are gross domestic product (GDP), purchasing power parity (PPP), per capita income, industries, infrastructure, currency value and living standard.
State having economic power has the ability to influence other countries through economic way. It consists of a country's industrial base, natural resources, capital, technology, trade, geographic position, health system and education system. With a weak economy, even the military can not remain stable and strong because the military needs finance to get strength.
We are listing here countries in accordance with their future expected income.
Rank | Countries | Gross National Income (GNI) | Per Capita Income (GNI) |
1 | China | $ 40,000,000,000,000 | $ 20,500 |
2 | United States | $ 30,000,000,000,000 | $ 100,000 |
3 | India | $ 25,000,000,000,000 | $ 16,500 |
4 | Japan | $ 7,000,000,000,000 | $ 45,000 |
5 | Brazil | $ 6,000,000,000,000 | $ 20,000 |
6 | Indonesia | $ 5,000,000,000,000 | $ 15,000 |
7 | Germany | $ 4,000,000,000,000 | $ 41,000 |
8 | France | $ 3,500,000,000,000 | $ 40,500 |
9 | Mexico | $ 3,200,000,000,000 | $ 21,000 |
10 | United Kingdom | $ 2,000,000,000,000 | $ 40,000 |
GNI is defined as GDP plus net income from foreign wages and income from property. Gross National Income (GNI) includes the total value of goods and services produced in a country, i.e. gross domestic product (GDP), income received from other countries and reduction of payments made to other countries.
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