The United States remains the most powerful country in the world, followed by China and Russia. However, the balance of power may shift in the coming years as countries like India and Brazil continue to grow economically and assert themselves on the global stage.
The world's 12th largest economy
Strong growth in 2021 solidified Australia's position as the world's 12th largest economy in 2021. Nominal GDP was around A$2.2 trillion (US$1.6 trillion) in 2021. Australia is home to just 0.3% of the world's population, but accounts for 1.7% of the global economy.
The Russian armed forces are the unquestioned second strongest military power in the world. Russia has the world's largest tank fleet, the second largest aircraft fleet behind the US, and the third largest submarine fleet behind the US and China.
During the Cold War, the British Empire dissolved, leaving the United States and the Soviet Union to dominate world affairs. At the end of the Cold War and the dissolution of the Soviet Union in 1991, the United States became the world's sole superpower and a hyperpower.
United States. The United States of America is a North American nation that is the world's most dominant economic and military power.
A total of 145 world powers are considered For the 2023 GFP review. The Global Firepower Index, 2023, puts the US at the top, Russia at the second spot, China at No. 3, and India at No. 4.
The nation holds a Power Index score of 0.2567 with a score of 0.0000 being considered exceptional in the GFP assessment.
The ADF is technologically sophisticated but relatively small. Although the ADF's 60,330 full-time active-duty personnel and 29,560 active reservists as of 30 June 2021 make it the largest military in Oceania, it is smaller than most Asian military forces.
Australia has plentiful supplies of natural resources, including the second largest accessible reserves of iron ore in the world, the fifth largest reserves of coal and significant gas resources. For a long time, commodities have made up a sizeable share of our exports.
According to US data group the World Population Review, China has the highest number of active-duty military personnel, with more than two million members. It is followed by India, which has almost 1.5 million, and the US, with just under 1.4 million.
Introduction. The size of armies around the world varies greatly, with the People's Republic of China having the largest army, with over 2 million military personnel. India and the United States follow closely behind with 1.46 million and 1.39 million military personnel respectively.
2022 rankings
In the 2022 index, New Zealand is ranked most free overall, while North Korea is last. Hong Kong was ranked most free in economic liberty, while Norway was ranked most free in the social liberty category.
1. Iran. Iran is the oldest country in the world founded in 3200 B.C. and has a topography characterized by numerous mountains and mountain ranges. Iran was established as a country in 3200 B.C.
The United States remains the pre-eminent force in Asia ahead of China, with Australia ranked sixth in a new power index.
It has enormous natural resources, particularly oil and natural gas. It is the world's eleventh-largest economy by nominal GDP, and the sixth-largest by purchasing power parity (PPP). Due to a volatile currency exchange rate, Russia's GDP as measured in dollars fluctuates sharply.
The combined total of Nato military personnel currently exceeds 5.4 million – around four times as many as Russia, according to Statista. It has about five times as many aircraft, four times as many armoured vehicles and three times as many military ships.
While challenges remain, most experts believe that China will be the new superpower by 2050. China GDP in 2050 is expected to be around $58.5 trillion.
India is expected to overtake Germany in terms of GDP in 2025 and Japan in 2027 to become the third largest economy after the U.S. and China. Modi has pledged to make India a developed country by 2047, when it celebrates the 100th anniversary of its independence.
According to the 2021 Asia Power Index, within Asia, the United States still took the lead on military capacity, cultural influence, resilience, future resources, diplomatic influence, and defense networks, but fell behind China in two parameters: economic capability and economic relationships.