These Are the World's Richest Economies of 2014

9. Russia: $2.1 trillion

India’s close friend Russia stood as the ninth wealthiest nation of the world. However, the World Factsbook rated it 77^th in the list of world economies. 11 percent of the country’s population lives in utter poverty. Russia’s GDP per capita is $18, 000. In 2013, Russia stood in the list of top 5 strongest economies. It is known that Russia’s stable economy poses a threat to the west. However, Russia is definitely in a position to save itself from any severe economic collapse. Recent data shows that Russia has enough reserve to cover its debt that is due next year.

8. Italy: $2.2 trillion

With $2.2 trillon, Italian economy is stronger than it seems. GDP per capita in Italy reflects a promising economy—$29, 600. Same is the case in countries like India and Russia; Italy has 29.9 percent of its population living below poverty line. Besides, Italy is anticipated to be one of the richest nations in the future as well—it is one of the strong players in the European Union.

7. Brazil: $2.2 trillion

On par with Italy, Brazil has an economy worth $2.2 trillion. Despite the recent attention drawn to the state of the country during the recent World Cup tournament, Brazil’s economy makes it to this list. That’s not to say its social and political problems are any less. The GDP per capita here is a low $12,100 and 21.1 percent of Brazilians currently live below the poverty line. Marked by low productivity rates, economy has been on the downside lately.

Also Read: National Proud Moment: 6 Indian Infrastructure Projects Among The Top 100
Indian Trade Policies Delayed American Export To India: USITC