who has the top economy in the world
United States
title: Economy of China text: Economy of China The socialist market economy of the People's Republic of China is the world's second largest economy by nominal GDP and the world's largest economy by purchasing power parity. Until 2015, China was the world's fastest-growing major economy, with growth rates averaging 10% over 30 years. Due to historical and political facts of China's developing economy, China's public sector accounts for a bigger share of the national economy than the burgeoning private sector. According to the IMF, on a per capita income basis China ranked 71st by GDP (nominal) and 78th by GDP (PPP) per capita in 2016. title: Economy of India text: Economy of India The economy of India is a developing mixed economy. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). The country ranks 139th in per capita GDP (nominal) with $2,134 and 122nd in per capita GDP (PPP) with $7,783 . After the 1991 economic liberalisation, India achieved 6-7% average GDP growth annually. Since 2014 with the exception of 2017, India's economy has been the world's fastest growing major economy, surpassing China. The long-term growth prospective of the Indian economy is positive due to its young population, corresponding low dependency ratio, title: Economy of the United States text: average household and employee income among OECD nations, and in 2010, they had the fourth-highest median household income, down from second-highest in 2007. The United States has held the world's largest national economy (not including colonial empires) since at least the 1890s. It is the world's largest producer of oil and natural gas. In 2016, it was the world's largest trading nation as well as its second-largest manufacturer, representing a fifth of the global manufacturing output. The U.S. also has both the largest economy and the largest industrial sector, at 2005 prices according to the UNCTAD. The U.S. not only title: Economy of the United States text: Economy of the United States The economy of the United States is a highly developed mixed economy. It is the world's largest economy by nominal GDP and the second-largest by purchasing power parity (PPP). It also has the world's seventh-highest per capita GDP (nominal) and the eleventh-highest per capita GDP (PPP) in 2016. The US has a highly diversified, world-leading industrial sector. It is also a high-technology innovator with the second-largest industrial output in the world. The U.S. dollar is the currency most used in international transactions and is the world's foremost reserve currency, backed by its science and technology, title: India as an emerging superpower text: nations are moving to forge better relationships with India. The economy of India is currently the world's third largest in terms of real GDP (PPP) after the United States of America and the People's Republic of China. According to the World Bank India overtook China to become the fastest-growing major economy in the world as of 2015 Its record growth was in the third quarter of 2003, when it grew higher than any other emerging economy at 10.4%. Estimates by the IMF show that in 2011 (see List of countries by future GDP estimates (PPP)), India became the third largest