Introduction. In the age of risk and uncertainty, countries and companies are competing in a turbulent global environment. In this respect, they have to face a plethora of different challenges, such as the COVID- 19 pandemic, disruptive technologies, demographic explosion, or climate change. A highly interconnected global economy imposes countries to compete not only for resources and markets but also to seek to hold a better place in this huge world economic network.
Aim of the study. The aim of the paper is to present the evolution of the world’s largest economies in the period 2017-2020 by taking into account their gross domestic product. The methodology was based on a quantitative research method. Starting from a comprehensive literature review, it demonstrates that the hierarchy of the world’s ten biggest economies by GDP was dominated by two countries, the United States of America and China.