9) Russia – GDP: $2.1 Trillion
The fall of the Soviet Union saw some of the communist hallmarks of the regime also leave Russia with the privatisation of a number of sectors. Not only this but the governments since have ensured a more globally integrated economic view, whilst the country has always enjoyed a reputation as one of the globe’s leading oil producers and providers.
Tied 7) Italy – GDP: $2.2 Trillion
Italy owes much of its financial wealth and power to its membership in the Group of Eight (G8) and the European Union. This and the country’s industrial sectors ensure it is one largest economies in the world and worthy of a place on the top 10 list.
Tied 7) Brazil – GDP: $2.2 Trillion
Tied with Russia is South America’s largest economy, Brazil. Unlike many other countries, Brazil does not have just one niche sector and has success in agriculture, mining and manufacturing to name but a few.