USA still biggest world economy: report

The US is the richest country in the world in terms of GDP in 2019, according to a report by the World Population Review (WPR).
The US has been at the forefront since 1971, with a GDP of $21.44 trillion, with the country's natural resources estimated at $45 trillion. The second is China ($14.14 trillion), the third is Japan ($5.15 trillion), and the fourth is Germany ($4 trillion). At fifth position jumped India with a GDP of $2.94 trillion.

Meanwhile, Moody's rating agency has reduced its growth forecasts for India to 5.4 percent. in 2020 and 5.8 percent in 2021.

(PAP)