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Largest countries in the world: global giants 2024

Largest countries in the world: A colorful display of national flags.

The world is home to 196 countries, each unique in its geographical, cultural, and economic characteristics. Among these, the largest countries by area stand out as global titans, dominating the Earth's landscapes and playing pivotal roles in global economics. 

This article takes you through the top largest countries in the world as of 2024, highlighting their economic significance and the CFD trading opportunities they present on the markets available on Skilling.com.

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10 largest countries in the world by area in 2024

1. Russia (17,098,246 km²)

Russia, straddling Europe and Asia, is not only the largest country in the world but also a major player in global energy markets. Its vast natural resources, including oil and gas, make it a key country for commodities trading on platforms like Skilling.

2. Canada (9,984,670 km²)

Canada's economy is rich in natural resources, making it significant in the energy and materials sectors. The country's large forest area and freshwater resources also highlight opportunities in environmental commodities and energy trading.

3. China (9,596,961 km²)

As the world's fastest-growing and second-largest economy, China is central to trading in a wide range of markets, from industrial metals to technology stocks. Chinese companies are heavily featured in global equity markets, offering diverse trading options on Skilling.

4. The United States of America (9,525,067 km²)

The U.S. is not just one of the largest countries but also the world's largest economy. Its financial markets are the most significant globally, with countless opportunities for trading stocks, indices, and commodities.

5. Brazil (8,515,767 km²)

Brazil's economy, the largest in South America, offers unique trading opportunities in agricultural commodities, such as coffee and sugar, and in renewable energy, reflecting its vast rainforest and water resources.

6. Australia (7,692,024 km²)

Australia's significant exports of minerals and resources, including iron ore and coal, make it a key country for commodity traders. Its developed economy also offers robust opportunities in equity markets.

7. India (3,287,263 km²)

India's rapidly growing economy and its status as a major technology and services hub offer numerous trading opportunities, from technology stocks to agricultural commodities.

8. Argentina (2,780,400 km²)

Argentina's agricultural sector, particularly its soybean and beef exports, presents specific commodity trading opportunities. The country's renewable energy sector is also emerging as an area of interest.

9. Kazakhstan (2,724,900 km²)

Rich in natural resources, Kazakhstan is significant for traders interested in energy commodities, including oil, uranium, and coal.

10. Algeria (2,381,741 km²)

Algeria's economy is heavily reliant on hydrocarbons, with oil and natural gas constituting the backbone of its market, offering specific opportunities for energy traders.

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Summary

The largest countries in the world by area are not just geographical giants but also key economic players with significant impacts on global markets. From Russia's vast energy reserves to China's booming economy and the U.S.'s financial markets, each country offers unique opportunities for traders. Understanding these countries' economic landscapes can provide valuable insights for trading on platforms like Skilling, where a wide range of financial instruments related to these economies are available.

This article is offered for general information and does not constitute investment advice. Please be informed that currently, Skilling is only offering CFDs.

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Thank you for considering Skilling!

You are about to visit: https://skilling.com/row/ which is operated by Skilling (Seychelles) Ltd, under the Financial Services Authority Seychelles License No: SD042. Before opening an account, please read the terms & conditions and contact our customer support for any questions.

Thank you for considering Skilling!

You are about to visit: https://skilling.com/row/ which is operated by Skilling (Seychelles) Ltd, under the Financial Services Authority Seychelles License No: SD042. Before opening an account, please read the terms & conditions and contact our customer support for any questions.

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