The largest economy in the world is that of the United States of America. They’ve held the top position for over 140 years now. But their home run is sure to end very soon. As China is all set to catch up by the end of this year. The GDP of China grew furiously in 2013, breaking all its pre-set targets for the year. There is a simple reason for the Asian countries to do so well, rate of industrialization in Asia is far superior to that in the West. Do you know that an average Chinese works 2,307 hours annually, while an American only works 1790 hours. But it doesn’t end here; most economists are predicting that once China takes over it will be surpassed by India by 2048. The top positions in the list of largest economies remain the same more or less. Dear fellow Americans start working more and cut down the holidays.

6. Brazil

Brazil is one of the most prosperous nations in South America. Their strengths lie in mining, manufacturing, agriculture and the service industry. It can be safely called the biggest economy in the western and southern hemisphere.

GDP $2.5 trillion

5. France

Over the centuries France has maintained its position as one of the most developed and wealthiest economies in the world. It is interesting to know that 30 out of the 500 world’s biggest economies are French. It is the home to the head quarters, of all Fortune Global 500 companies.

GDP $2.7 trillion