World Bank: Armenia ranked 113th in the world's largest economies ranking

Armenia ranked 113th in the rating of the world's largest economies. This is stated in the World Bank report.

It is reported that Armenia's nominal GDP in 2023 amounted to 24.2 billion dollars.

Georgia ranked 108th ($30.5 billion), Azerbaijan - 83rd ($72.5 billion), Russia - 11th (over $2 trillion), Turkey - 18th ($1.1 trillion), and Iran - 36th (over $401.5 billion).

At the top of the ranking is the United States, with a nominal GDP of $27.4 trillion, followed by China ($17.8 trillion), Germany ($4.5 trillion), Germany ($4.5 trillion), Japan ($4.2 trillion), and India ($3.5 trillion) in the fifth place

The UK, France, Italy, Brazil, and Canada also made it to the top ten.