5 Countries with the Highest GDP in 2022

2. China

Total GDP in current prices (in billions): $18,321

China’s development in the past three decades has been nothing short of astonishing, catapulting it into second place in this list, though it still has a long way to go to compete with the first-placed country. The past three years have been devastating for the country’s economy as it pursued a “Zero-Covid” policy which resulted in extremely strict regulations. However, recently, the company has opened its doors and reversed its stance on its policy, which is expected to provide an economic boost in 2023.