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January 31, 2008

Country size

A lot has changed in the world in recent years. Bring us up to date on what the leading countries are in terms of size, both by population and economy. Listen

Dr. Mike Walden, North Carolina Cooperative Extension economist in the College of Agriculture and Life Sciences at N.C. State University, responds:

"Well, first looking at population, the top 10 are China, India, the U.S., Indonesia, Brazil, Pakistan, Russia, Bangladesh, Nigeria and Japan. Now, I think may people would be surprised to see the absence of any western European country and also the fact that Russia has dropped way down the list after the breakup of the Soviet Union. Some people may also be surprised to know that the U.S. is now the number three country in terms of population.

"But when we look at size of the economy, we get a different perception altogether. In all measures of economic size - and there are several - the U.S. is clearly number one. And then, depending upon what measure you use, you either have Japan number two, then Germany, China and the United Kingdom, or a different measure has China number two followed by Japan, India and Germany. So a lot has changed in recent years."

Posted by Dave at January 31, 2008 08:00 AM