An economy is an area of the production, distribution, or trade, and consumption of goods and services by different agents in a given geographical location. The gross domestic product, (GDP) is a measure of the size of the economy of a country. The most conventional economic analysis of a country relies heavily on economic indicators like the GDP and GDP per capita.
The economy of a country reflects its development and progress in different sectors. Also, it is important to attract foreign investors to invest in that country. It is also the key factor in the prosperity of a country. The rise in the economy of the country promotes its image in the international market, which improves trade, business, imports and exports in the international markets. The top 10 richest economies of the world are: