20 Richest Countries in the World By GDP (Gross Domestic Product)

See the 20 Richest Countries in the World By GDP (Gross Domestic Product)! Gross Domestic Product (GDP) is the monetary market value of all final goods and services made within a country during a specific period. It is the standard measure of the value added created through the production of goods and services in a country during a certain period. GDP helps to provide a snapshot of a country’s economy and can be calculated using expenditures, production, or incomes. The ranking here is based on each country's GDP per capita, which measures the economic output of a nation per person. GDP per capita seeks to determine the prosperity of a nation by economic growth per person in that nation. Per capita income measures the amount of money earned per person in a nation. WATCH MORE LIFESTYLE PEAK VIDEOS SUBSCRIBE to our CHANNEL here: https://www.youtube.com/c/LifestylePeak and SEE AMAZING, INTERESTING, ENTERTAINING, EDUCATIONAL, AND FUN VIDEOS! You may also want to WATCH MORE, see our PLAYLISTS: https://www.youtube.com/c/LifestylePeak/playlists