Answer: Germany
Notes: As of February 2024, Germany is the world's third largest economy, surpassing Japan. Japan's economy was contracted by 0.4% in the fourth quarter of 2023, pushing the country into recession. This is due to weak domestic consumption, a weak yen, and a shrinking population. The IMF's latest projections estimate Germany's nominal GDP at $4.4 trillion this year, compared with $4.2 trillion for Japan.
