US economy! United States economy explained including US labor market, trade balance in goods and services and top US exports. Furthermore, the United States’ standard of living, the US budget deficit, the country’s government debt in relation to GDP as well as an economic projection for 2020 are presented. The United Sates has the world’s largest economy in terms of nominal GDP. The country’s nominal GDP in 2018 was 20 544 billion USD or 20.5 trillion. https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=US&most_recent_value_desc=true Sources GDP (current US$, 2018): https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=US&most_recent_value_desc=true US Population https://www.worldometers.info/world-population/us-population/ GNI per capita, Atlas method (2018, current US$): https://data.worldbank.org/indicator/NY.GNP.PCAP.CD?locations=US Labor Force (the labor force includes employed workers and unemployed workers that are actively seeking work) https://data.worldbank.org/indicator/SL.TLF.TOTL.IN?locations=US Unemployment Rate https://tradingeconomics.com/united-states/unemployment-rate Employment in agriculture, industry and services https://data.worldbank.org/indicator/SL.AGR.EMPL.ZS?locations=US https://data.worldbank.org/indicator/SL.IND.EMPL.ZS?locations=US https://data.worldbank.org/indicator/SL.SRV.EMPL.ZS?locations=US Exports, Imports, Trade balance - 2019 data derived from the ITC (International Trade Centre): https://www.trademap.org/Country_SelProductCountry_TS.aspx?nvpm=1%7c842%7c%7c%7c%7cTOTAL%7c%7c%7c2%7c1%7c1%7c3%7c2%7c1%7c2%7c1%7c1 United States Top 10 Exports http://www.worldstopexports.com/united-states-top-10-exports/ Budget Deficit https://tradingeconomics.com/united-states/government-budget Government Debt-to-GDP ratio in 2019: https://tradingeconomics.com/united-states/government-debt-to-gdp Economic Growth International Monetary Fund - World Economic Outlook, April 2020: The Great Lockdown https://www.imf.org/

The Top 15 Largest Economies in Europe. The richest countries in Europe by nominal GDP in 2019. I will also show you the standard of living (GNI per capita) of each individual country as well as the country’s population in 2020. Moreover, you will see the importance of exports and imports for the country’s economy. The 15 largest economies in Europe are: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Poland, Spain, Sweden, Switzerland and the United Kingdom (England/Scotland/Wales/Northern Ireland).