GDP measures market value of final goods and services in a nation's year. Countries are sorted by nominal GDP estimates from financial institutions. Nominal GDP doesn't account for living costs differences. Currency exchange rate fluctuations significantly affect rankings yearly. List includes European countries and five additional countries
Bretton Woods established first negotiated monetary order among independent states. System aimed to prevent currency wars and stabilize international trade. Conference held July 1944 with 730 delegates from 44 Allied nations
The yen was introduced in 1871 as Japan's modern currency, replacing traditional coins. The yen was defined as 1.5g of gold or 24.26g of silver. The Bank of Japan was established in 1882 with a monopoly on money supply
US M0 (domestic minted money) is projected at $1.5 trillion. Worldwide M0 is estimated at $5 trillion. M3 (broad money) represents all digital funds at $80 trillion
Trump's policies include tariffs, immigration tightening, and regulatory changes. Net U.S. growth expected to remain relatively stable in 2025. Inflation forecast slightly raised, Fed easing expectations reduced. Positive demand effects from regulatory reset and fiscal actions
U.S. dollar is official currency of five U.S. territories and 11 foreign nations. Bretton Woods Agreement pegged foreign currencies to U.S. dollar in 1944. As of December 2022, 54.1 billion notes worth $2.3 trillion circulated