India is the second largest country in Asia by population. It is the seventh largest in terms of area and second most populated country in the world. As Per the IMF and World Bank, India is the third largest economy in Asia and the world’s third largest economy in purchasing power parity. India is the fastest growing major economy in 2016 mainly due to political stability in the country.
According to the IMF, Europe’s total GDP was .9 trillion in 2016 accounting for 26.7% of global GDP . Europe is one of the major global economic blocks. Many of the leading European countries form part of the European Union, a free trade and movement block with a single currency. Europe has two types of health care systems: the tax-funded model and the social insurance model.
Germany had the fourth highest GDP in the world worth about .3 trillion accounting for 4.5% in trillion global GDP as of 2015. Germany is the sixteenth most populated country with a population of 81 million that accounts for 1.1% population of the global population. About 21% of Germany’s population were senior citizens (above 65 years old) and the average life expectancy was 81 years.
France had the sixth largest GDP in the world worth about .4 trillion accounting for 3.3% in trillion global GDP in 2015 . France is the twenty first most populated country with a population of 66 million people that accounts for 0.9% of the global population. About 19% of France’s population are senior citizens (above 65 years old) and the average life expectancy was 82 years.
Spain has the fourteenth largest GDP in the world worth about .2 trillion accounting for 1.6% of global GDP. Spain is the twenty ninth most populated country with a population of 46.5 million accounting for 0.6% of the global population. About 19% of Spain’s population were senior citizens (above 65 years old) and the average life expectancy was 83 years.
Russia is the largest country on earth by landmass. It is the ninth most populated country in the world and most populated in Europe. The Russian Federation government has a centralized political system. According to the IMF and the World Bank, Russia is the thirteen largest economy and the world’s sixth largest economy in purchasing power parity.