Wednesday, 22 February 2023

List of all country in the world in the area

Map World map, except Antarctica, colour-coded by areas of countries in square kilometres. Countries and dependencies by area Rank Country / Dependency Total in km2 (mi2) Land in km2 (mi2) Water in km2 (mi2) % water Notes – World 510,072,000 (196,940,000) 148,940,000 (57,510,000) 361,132,000 (139,434,000) 70.8 1 Russia 17,098,246 (6,601,670) 16,378,410 (6,323,740) 719,836 (277,930) 4.21 The largest country in the world, which spans two continents, and most of northern Eurasia; with about 10.995% (about 1/9th) of the world's total landmass. Russia's European portion is roughly 4,000,000 km2, which is around 40% of the total landmass of Europe, making Russia the largest country in Europe; and its Asian portion, which covers all of Northern Asia, is around 13,100,000 km2, making Russia the largest country in Asia. – Antarctica 14,200,000 (5,500,000) 14,200,000 (5,500,000) 0 (0) 0 13,916,000 km2 (5,373,000 sq mi) (98%) of the land area is covered by ice and snow. Though not itself a country, areas of Antarctica are claimed by a number of countries.[Note 3] 2 Canada[Note 1] 9,984,670 (3,855,100) 9,093,507 (3,511,023) 891,163 (344,080) 8.93 Largest English- and largest French-speaking country; largest country completely in the Western Hemisphere by total area (second-largest by land area after the United States); with the largest surface area of water; largest contiguous country in North America; Total area and water area figures include area covered by freshwater only and do not include internal waters (non-freshwater) of about 1,600,000 km2, nor territorial waters of 200,000 km2.[4][5] 3 or 4 [Note 4] China 9,596,961 (3,705,407)[7] 9,326,410 (3,600,950) 270,550 (104,460) 2.82 Largest country entirely in Asia, and second-largest country in the world by land area. Excludes Taiwan, disputed territories with India, and disputed islands in the South China Sea. Figures for total area and water area also exclude all coastal and territorial waters. United States 9,833,517 (3,796,742) 9,147,593 (3,531,905) 685,924 (264,837) 6.97 Largest English-speaking country by land area and largest country in the Western Hemisphere by land area (second-largest by total area after Canada). Figures for total area and water area include all coastal and territorial waters. 5 Brazil 8,515,767 (3,287,956) 8,460,415 (3,266,584) 55,352 (21,372) 0.65 Largest Portuguese-speaking country, largest country in South America, largest country in the Southern Hemisphere,[Note 5] and the largest contiguous territory outside Eurasia.[8] 6 Australia 7,692,024 (2,969,907) 7,633,565 (2,947,336) 58,459 (22,571) 0.76 Third-largest English-speaking country and largest country in Oceania, and the largest country completely in the Southern Hemisphere.[Note 6] 7 India 3,287,263 (1,269,219) 2,973,190 (1,147,960) 314,073 (121,264) 9.55 Second-largest country entirely in Asia and largest country in South Asia.[Note 7] 8 Argentina 2,780,400 (1,073,500) 2,736,690 (1,056,640) 43,710 (16,880) 1.57 Largest Spanish-speaking country and second-largest country in South America.[Note 8] 9 Kazakhstan 2,724,900 (1,052,100) 2,699,700 (1,042,400) 25,200 (9,700) 0.92 Largest landlocked country.[13] The world's largest Muslim-majority country by land area (and the northernmost). Second-largest Russian-speaking country after Russia, and the largest country in Central Asia. Transcontinental country located in Asia and Europe. 10 Algeria 2,381,741 (919,595) 2,381,741 (919,595) 0 (0) 0 Largest country in Africa; also largest in the Arab world and the Mediterranean Basin.[Note 9] 11 DR Congo 2,344,858 (905,355) 2,267,048 (875,312) 77,810 (30,040) 3.32 Second-largest French-speaking country. Largest country in Central and Sub-Saharan Africa. Second-largest country in Africa, has the largest French-speaking city (Kinshasa). – Danish Realm Kingdom of Denmark 2,220,093 (857,183) 2,220,072 (857,175) 21 (8.1) 0 UN figure does not include the entire Kingdom area. – Greenland (Denmark) 2,166,086 (836,330) 2,166,086 (836,330)[Note 10] 0 (0) 0 Largest island in the world, largest territory in the Kingdom of Denmark, and the largest inhabited non-sovereign territory in the world. 12 Saudi Arabia 2,149,690 (830,000) 2,149,690 (830,000) 0 (0) 0 Largest country in Western Asia. Second-largest in the Arab world after Algeria. 13 Mexico 1,964,375 (758,449) 1,943,945 (750,561) 20,430 (7,890) 1.04 Second-largest Spanish-speaking country by area after Argentina; largest Spanish-speaking country by number of speakers. 14 Indonesia 1,904,569 (735,358) 1,811,569 (699,451) 93,000 (36,000) 4.85 Transcontinental country located in Asia and Oceania. Largest country in Southeast Asia. Largest island country and archipelagic state in the world by area and population.[15] 15 Sudan 1,861,484 (718,723) 1,731,671 (668,602) 129,813 (50,121) 6.97 [Note 11] Third-largest country in Africa and third-largest in the Arab world.[1][16] 16 Libya 1,759,540 (679,360) 1,759,540 (679,360) 0 (0) 0 17 Iran 1,648,195 (636,372) 1,531,595 (591,352) 116,600 (45,000) 7.07 Second-largest country in Western Asia and fourth-largest completely in Asia after China, India, and Saudi Arabia. [Note 12] 18 Mongolia 1,564,110 (603,910) 1,553,556 (599,831) 10,560 (4,080) 0.68 Second-largest landlocked country and largest that does not border a closed sea. 19 Peru 1,285,216 (496,225) 1,279,996 (494,209) 5,220 (2,020) 0.41 Third-largest Spanish-speaking country and third-largest country in South America. 20 Chad 1,284,000 (496,000) 1,259,200 (486,200) 24,800 (9,600) 1.93 Third-largest landlocked country and largest outside of Asia. Fifth-largest country in Africa. 21 Niger 1,267,000 (489,000) 1,266,700 (489,100) 300 (120) 0.02 Largest country in West Africa. 22 Angola 1,246,700 (481,400) 1,246,700 (481,400) 0 (0) 0 23 Mali 1,240,192 (478,841) 1,220,190 (471,120) 20,002 (7,723) 1.61 24 South Africa 1,221,037 (471,445) 1,214,470 (468,910) 4,620 (1,780) 0.38 Largest country in Southern Africa. 25 Colombia 1,141,748 (440,831) 1,038,700 (401,000) 100,210 (38,690) 8.8 26 Ethiopia 1,104,300 (426,400) 1,000,000 (390,000) 104,300 (40,300) 0.7 Largest country in East Africa.[Note 13] 27 Bolivia 1,098,581 (424,164) 1,083,301 (418,265) 15,280 (5,900) 1.39 28 Mauritania 1,030,700 (398,000) 1,025,520 (395,960) 4,480 (1,730) 0.44 29 Egypt 1,002,450 (387,050) 995,450 (384,350) 6,000 (2,300) 0.6 Transcontinental country located in Asia and Africa. 30 Tanzania 945,087 (364,900) 885,800 (342,000) 61,500 (23,700) 6.49 31 Nigeria 923,768 (356,669) 910,768 (351,649) 13,000 (5,000) 1.41 32 Venezuela 916,445 (353,841) 882,050 (340,560) 30,000 (12,000) 3.29 [Note 14] 33 Pakistan 881,913 (340,509) 856,690 (330,770) 25,223 (9,739) 2.86 [Note 15] 34 Namibia 825,615 (318,772) 823,290 (317,870) 2,425 (936) 0.12 35 Mozambique 801,590 (309,500) 786,380 (303,620) 13,000 (5,000) 1.63 36 Turkey 783,562 (302,535) 769,632 (297,157) 13,930 (5,380) 1.78 Transcontinental country located in Asia and Europe. Largest country in the Balkans with a part of its territory in the Balkans 37 Chile 756,102 (291,933) 743,812 (287,187) 12,290 (4,750) 1.63 [Note 16] 38 Zambia 752,612 (290,585) 743,398 (287,028) 9,220 (3,560) 1.23 39 Myanmar 676,578 (261,228) 653,508 (252,321) 23,070 (8,910) 3.41 Second largest country in Southeast Asia. 40 Afghanistan 652,867 (252,073) 652,867 (252,073) 0 (0) 0 41 South Sudan 644,329 (248,777) 644,329 (248,777) 0 (0) 0 [Note 11] [Note 17][18] 42 France 640,679 (247,368) 640,427 (247,270) 3,374 (1,303) 0.52 Figures include metropolitan France (in Europe) as well as the five overseas regions. This does not include New Caledonia (an autonomous sui generis collectivity), the five autonomous overseas collectivities, and the two uninhabited territories (the French Southern Territories and Clipperton Island) which are listed individually, although also part of the French Republic.[Note 18] Third-largest country in Europe after Russia and Ukraine, and the largest country in the European Union. 43 Somalia 637,657 (246,201) 627,337 (242,216) 10,320 (3,980) 1.62 Figures include Somaliland. 44 Central African Republic 622,984 (240,535) 622,984 (240,535) 0 (0) 0 45 Ukraine 603,550 (233,030) 579,300 (223,700) 24,250 (9,360) 4.01 Second-largest country in Europe after Russia. The largest country entirely within Europe.[Note 19] 46 Madagascar 587,041 (226,658) 581,540 (224,530) 5,501 (2,124) 0.94 Largest island country in Africa and 2nd largest island country in the world. 47 Botswana 581,730 (224,610) 566,730 (218,820) 15,000 (5,800) 2.58 [Note 20] 48 Kenya 580,367 (224,081) 569,140 (219,750) 11,227 (4,335) 1.93 49 Yemen 555,000 (214,000) 555,000 (214,000) 0 (0) 0 The second largest country in the Arabian Peninsula.[Note 21] The area before signing of the Jeddah Treaty was 527,968 square kilometers. – France (metropolitan) 543,940 (210,020) Metropolitan France (the part of France located in Europe) 50 Thailand 513,120 (198,120) 510,890 (197,260) 2,230 (860) 0.43 51 Spain 505,992 (195,365) 498,980 (192,660) 6,390 (2,470) 1.26 Largest country in Southern Europe and second-largest member state of European Union. 52 Turkmenistan 488,100 (188,500) 469,930 (181,440) 18,170 (7,020) 3.72 53 Cameroon 475,442 (183,569) 472,710 (182,510) 2,730 (1,050) 0.57 54 Papua New Guinea 462,840 (178,700) 452,860 (174,850) 9,980 (3,850) 2.16 Third-largest island country in the world. 55 Sweden 447,425 (172,752) 407,284 (157,253) 40,142 (15,499) 8.97 Largest country in Northern Europe. Third-largest member state of European Union.[Note 22] 56 Uzbekistan 447,400 (172,700) 425,400 (164,200) 22,000 (8,500) 4.92 57 Morocco 446,550 (172,410) 446,300 (172,300) 250 (97) 0.06 Does not include the disputed Western Sahara, shown separately.[Note 23] 58 Iraq 438,317 (169,235) 437,367 (168,868) 950 (370) 0.22 [Note 24] 59 Paraguay 406,752 (157,048) 397,302 (153,399) 9,450 (3,650) 2.32 60 Zimbabwe 390,757 (150,872) 386,847 (149,362) 3,910 (1,510) 1 61 Norway 385,207 (148,729) 365,957 (141,297) 19,520 (7,540) 5.00 The Kingdom of Norway, including Jan Mayen and Svalbard, but excluding Bouvet Island and the Antarctic territorial claims of Peter I Island and Queen Maud Land.[Note 25] 62 Japan 377,976 (145,937) 364,546 (140,752) 13,430 (5,190) 3.55 Largest island country in East Asia and the world's 4th largest island country.[Note 26] 63 Germany 357,114 (137,882) 348,672 (134,623) 8,350 (3,220) 2.34 Largest country in Central Europe. Before the 1990 German reunification, West Germany was 248,577 (95,976) and East Germany was 108,333 (41,828). 64 Congo 342,000 (132,000) 341,500 (131,900) 500 (190) 0.15 65 Finland 338,425 (130,667) 303,816 (117,304) 34,330 (13,250) 10.15 [Note 27] 66 Vietnam 331,212 (127,882) 310,070 (119,720) 21,140 (8,160) 6.38 67 Malaysia 330,803 (127,724) 329,613 (127,264) 1,190 (460) 0.35 – Norway (mainland) 323,802 (125,021) 304,282 (117,484) 19,520 (7,540) 6.03 Mainland Norway, excluding Jan Mayen, Svalbard, and the dependencies.[Note 25] 68 Ivory Coast 322,463 (124,504) 318,003 (122,782) 4,460 (1,720) 1.38 69 Poland 312,696 (120,733) 311,888 (120,421) 791 (305) 3.07 70 Oman 309,500 (119,500) 309,500 (119,500) 0 (0) 0 71 Italy 301,339 (116,348) 294,140 (113,570) 7,200 (2,800) 2.39 72 Philippines 300,000 (120,000) 298,170 (115,120) 1,830 (710) 0.61 73 Ecuador 276,841 (106,889) 256,369 (98,985) 6,720 (2,590) 2.37 [Note 28] 74 Burkina Faso 274,222 (105,878) 273,602 (105,638) 620 (240) 0.23 [Note 29] 75 New Zealand 270,467 (104,428) 262,443 (101,330) 4,395 (1,697) 1.65 [Note 30] 76 Gabon 267,668 (103,347) 257,667 (99,486) 10,001 (3,861) 3.74 – Western Sahara 266,000 (103,000) 266,000 (103,000) 0 (0) 0 Disputed territory with undetermined political status. Administration is split between Morocco and the Sahrawi Arab Democratic Republic, both of which claim the entire territory. The Sahrawi Arab Democratic Republic's administrative control is limited to approximately 20% of the territory, with the remaining 80% of the territory occupied by Morocco (see Western Sahara conflict). 77 Guinea 245,857 (94,926) 245,717 (94,872) 140 (54) 0.06 78 United Kingdom 242,495 (93,628) 241,930 (93,410) 1,680 (650) 0.69 Largest island country in Europe and the Western Hemisphere.[Note 31] 79 Uganda 241,550 (93,260) 197,100 (76,100) 43,938 (16,965) 18.23 80 Ghana 238,533 (92,098) 227,533 (87,851) 11,000 (4,200) 4.61 81 Romania 238,397 (92,046) 231,291 (89,302) 7,100 (2,700) 2.97 82 Laos 236,800 (91,400) 230,800 (89,100) 6,000 (2,300) 2.53 Only landlocked country in Southeast Asia. 83 Guyana 214,969 (83,000) 196,849 (76,004) 18,120 (7,000) 8.43 84 Belarus 207,600 (80,200) 202,900 (78,300) 4,700 (1,800) 2.26 Largest landlocked country in Europe. 85 Kyrgyzstan 199,951 (77,202) 191,801 (74,055) 8,150 (3,150) 4.08 86 Senegal 196,722 (75,955) 192,530 (74,340) 4,192 (1,619) 2.13 87 Syria 185,180 (71,500) 183,630 (70,900) 1,550 (600) 0.84 [Note 32] 88 Cambodia 181,035 (69,898) 176,515 (68,153) 4,520 (1,750) 2.5 89 Uruguay 176,215 (68,037) 175,015 (67,574) 1,200 (460) 0.68 – Somaliland 176,120 (68,000) [Note 33] 90 Suriname 163,820 (63,250) 156,000 (60,000) 7,820 (3,020) 4.77 Smallest country in South America. 91 Tunisia 163,610 (63,170) 155,360 (59,980) 8,250 (3,190) 5.04 92 Bangladesh 148,460 (57,320) 134,208 (51,818) 14,252 (5,503) 9.6 [Note 34] 93 Nepal 147,516 (56,956) 143,686 (55,477) 3,830 (1,480) 2.59 Largest country in the Himalayan range.[Note 35] 94 Tajikistan 143,100 (55,300) 141,510 (54,640) 2,590 (1,000) 1.81 95 Greece 131,957 (50,949) 130,647 (50,443) 1,310 (510) 0.99 Largest country in the Balkans with a majority of its territory in the Balkans 96 Nicaragua 130,373 (50,337) 119,990 (46,330) 10,380 (4,010) 7.96 Largest country in Central America. 97 Eritrea 125,000 (48,000) 125,000 (48,000) 0 (0) 0 98 North Korea 120,540 (46,540) 120,538 (46,540) 2 (0.77) 0.11 Excludes claim on South Korea. 99 Malawi 118,484 (45,747) 94,080 (36,320) 24,404 (9,422) 20.6 100 Benin 114,763 (44,310) 114,305 (44,133) 457.569 (176.668) 0.40 [Note 36] 101 Honduras 112,492 (43,433) 111,890 (43,200) 200 (77) 0.18 102 Liberia 111,369 (43,000) 96,320 (37,190) 15,049 (5,810) 13.51 103 Bulgaria 111,002 (42,858) 108,612 (41,935) 2,390 (920) 2.16 Largest country in the Balkans by continental area within the Balkans. 104 Cuba 109,884 (42,426) 109,884 (42,426) 0 (0) 0.00 Largest country in the West Indies. 105 Guatemala 108,889 (42,042) 107,159 (41,374) 1,730 (670) 1.59 106 Iceland 103,000 (40,000) 100,250 (38,710) 2,750 (1,060) 2.67 107 South Korea 100,210 (38,690) 99,909 (38,575) 301 (116) 0.3 Excludes claim on North Korea. 108 Hungary 93,028 (35,918) 89,608 (34,598) 3,420 (1,320) 3.68 109 Portugal 92,226 (35,609) 91,119 (35,181) 1,107 (427) 1.2 110 Jordan 89,342 (34,495) 88,802 (34,287) 540 (210) 0.6 111 Serbia 88,361 (34,116) 88,246 (34,072) 115 (44) 0.13 The largest former Yugoslav and Serbo-Croatian-speaking country. Includes Kosovo. [Note 37] 112 Azerbaijan 86,600 (33,400) 86,100 (33,200) 500 (190) 0.13 Largest country in Caucasus. Transcontinental country located in Asia and Europe. [Note 38] 113 Austria 83,871 (32,383) 82,445 (31,832) 1,426 (551) 1.7 114 United Arab Emirates 83,600 (32,300) 83,600 (32,300) 0 (0) 0 115 Czech Republic 78,871 (30,452) 77,187 (29,802) 1,684 (650) 2.14 116 Panama 75,417 (29,119) 74,340 (28,700) 1,080 (420) 1.43 Transcontinental country in North America and South America. 117 Sierra Leone 71,740 (27,700) 71,620 (27,650) 120 (46) 0.17 118 Ireland 70,273 (27,133) 68,883 (26,596) 1,390 (540) 1.98 The figure shown is for the Republic of Ireland; the island of Ireland is 84,421 km2 or 32,595 sq mi.[32] 119 Georgia 69,700 (26,900) 69,700 (26,900) 0 (0) 0 Transcontinental country located in Asia and Europe.[Note 39] 120 Sri Lanka 65,610 (25,330) 62,732 (24,221) 2,878 (1,111) 4.4 121 Lithuania 65,300 (25,200) 62,680 (24,200) 2,620 (1,010) 4.01 122 Latvia 64,559 (24,926) 62,249 (24,034) 2,340 (900) 3.62 – Svalbard (Norway) 62,045 (23,956) 62,045 (23,956) 0 (0) 0 [Note 40] 123 Togo 56,785 (21,925) 54,385 (20,998) 2,400 (930) 4.23 124 Croatia 56,594 (21,851) 55,974 (21,612) 620 (240) 1.1 125 Bosnia and Herzegovina 51,209 (19,772) 51,187 (19,763) 10 (3.9) 0.02 126 Costa Rica 51,100 (19,700) 51,060 (19,710) 40 (15) 0.08 127 Slovakia 49,037 (18,933) 48,105 (18,573) 930 (360) 1.9 128 Dominican Republic 48,671 (18,792) 48,320 (18,660) 350 (140) 0.72 129 Estonia 45,227 (17,462) 42,388 (16,366) 2,840 (1,100) 6.28 130 Denmark 43,094 (16,639) 42,434 (16,384) 660 (250) 1.53 Includes Denmark proper only, but excludes the autonomous territories in the Kingdom of Denmark, shown separately. 131 Netherlands 41,850 (16,160) 33,893 (13,086) 7,957 (3,072) 18.41 Includes the special municipalities, but excludes other countries in the Kingdom of the Netherlands, shown separately.[Note 41] 132 Switzerland 41,284 (15,940) 39,997 (15,443) 1,280 (490) 3.1 [Note 42] 133 Bhutan 38,394 (14,824) 38,394 (14,824) 0 (0) 0 – Taiwan 36,193 (13,974) 32,260 (12,460) 3,720 (1,440) 10.34 Between 1945 and 1949, the Republic of China included Mainland China, Mongolia, Taiwan, and other areas, totaling 11,418,174 km2 (4,408,582 sq mi).[Note 43] 134 Guinea-Bissau 36,125 (13,948) 28,120 (10,860) 8,005 (3,091) 22.16 135 Moldova 33,846 (13,068) 32,891 (12,699) 960 (370) 2.84 [Note 44] 136 Belgium 30,528 (11,787) 30,278 (11,690) 250 (97) 0.82 137 Lesotho 30,355 (11,720) 30,355 (11,720) 0 (0) 0 138 Armenia 29,743 (11,484) 28,342 (10,943) 1,401 (541) 4.71 139 Solomon Islands 28,896 (11,157) 27,986 (10,805) 910 (350) 3.15 140 Albania 28,748 (11,100) 27,398 (10,578) 1,350 (520) 4.7 141 Equatorial Guinea 28,051 (10,831) 28,051 (10,831) 0 (0) 0 142 Burundi 27,834 (10,747) 25,680 (9,920) 2,150 (830) 7.73 143 Haiti 27,750 (10,710) 27,560 (10,640) 190 (73) 0.68 144 Rwanda 26,338 (10,169) 24,668 (9,524) 1,670 (640) 6.34 145 North Macedonia 25,713 (9,928) 25,433 (9,820) 280 (110) 1.09 146 Djibouti 23,200 (9,000) 23,180 (8,950) 20 (7.7) 0.09 147 Belize 22,966 (8,867) 22,806 (8,805) 160 (62) 0.7 148 El Salvador 21,041 (8,124) 20,721 (8,000) 320 (120) 1.52 Smallest country on the American continent. 149 Israel 20,770 (8,020) 20,330 (7,850) 440 (170) 2.12 [Note 45] 150 Slovenia 20,273 (7,827) 20,151 (7,780) 122 (47) 0.6 – New Caledonia (France) 18,575 (7,172) 18,275 (7,056) 300 (120) 1.62 151 Fiji 18,272 (7,055) 18,274 (7,056) 0 (0) 0 152 Kuwait 17,818 (6,880) 17,818 (6,880) 0 (0) 0 153 Eswatini 17,364 (6,704) 17,204 (6,643) 160 (62) 0.92 154 East Timor 14,919 (5,760) 14,919 (5,760) 0 (0) 0 155 Bahamas 13,943 (5,383) 10,010 (3,860) 3,870 (1,490) 27.88 156 Montenegro 13,812 (5,333) 13,452 (5,194) 360 (140) 2.61 157 Vanuatu 12,189 (4,706) 12,189 (4,706) 0 (0) 0 – Falkland Islands (United Kingdom) 12,173 (4,700) 12,173 (4,700) 0 (0) 0 158 Qatar 11,586 (4,473) 11,586 (4,473) 0 (0) 0 159 Gambia 11,295 (4,361) 10,000 (3,900) 1,295 (500) 11.47 Smallest country in continental Africa. 160 Jamaica 10,991 (4,244) 10,831 (4,182) 160 (62) 1.46 – Kosovo 10,887 (4,203) The political status of Kosovo is disputed. Having unilaterally declared independence from Serbia in 2008, Kosovo is formally recognised as an independent state by 101 out of 193 (52.3%) UN member states (with another 13 recognising it at some point but then withdrawing their recognition), while Serbia continues to claim it as part of its own territory. 161 Lebanon 10,452 (4,036) 10,230 (3,950) 170 (66) 1.63 Second smallest country on continental Asia. 162 Cyprus 9,251 (3,572) 9,241 (3,568) 10 (3.9) 0.11 [Note 46] – Puerto Rico (United States) 9,104 (3,515) 9,104 (3,515) 3,054 (1,179) 35.2 An American territory, the third-largest island of the United States after the Big Island of Hawaii and Kodiak Island of Alaska. Also the smallest part of Hispanic America. – Abkhazia 8,660 (3,340) [Note 47] – French Southern Territories (France) 7,747 (2,991) 7,668 (2,961) 79.8 (30.8) 1.03 Excludes claim on Adélie Land in Antarctica.[Note 48] – United States Minor Outlying Islands 6,959.41 (2,687.04) 34.2 (13.2) 6,937 (2,678) 99.68 163 Palestine 6,020 (2,320) 6,000 (2,300) 220 (85) 3.9 [Note 49] 164 Brunei 5,765 (2,226) 5,265 (2,033) 500 (190) 8.67 165 Trinidad and Tobago 5,130 (1,980) 5,128 (1,980) 0 (0) 0 – French Polynesia (France) 4,167 (1,609) 3,827 (1,478) 340 (130) 8.16 – Transnistria 4,163 (1,607) [Note 50] 166 Cape Verde 4,033 (1,557) 4,033 (1,557) 0 (0) 0 – South Georgia and the South Sandwich Islands (United Kingdom) 3,903 (1,507) 3,903 (1,507) 0 (0) 0 [Note 17] – South Ossetia 3,900 (1,500) [Note 51] – Northern Cyprus 3,355 (1,295) [Note 52] – Artsakh 3,170 (1,220) 3,170 (1,220) - - Nagorno-Karabakh is internationally recognized as a part of Azerbaijan, and has no international recognition as a state[39] 167 Samoa 2,842 (1,097) 2,821 (1,089) 10 (3.9) 0.35 – Hong Kong (China) 2,755 (1,064) 1,106 (427) 1,649 (637) [40] 59.8 168 Luxembourg 2,586 (998) 2,586 (998) 0 (0) 0 The smallest country that is not a European microstate or island country. – Bir Tawil (terra nullius) 2,060 (800) 2,060 (800) 0 (0) 0 169 Mauritius 2,040 (790) 2,030 (780) 10 (3.9) 0.49 [Note 53] 170 Comoros 1,862 (719) 1,862 (719) 0 (0) 0 [Note 54] – Åland (Finland) 1,580 (610) [Note 55] – Faroe Islands (Denmark) 1,399 (540) 1,393 (538) Negligible Negligible [Note 56] 171 São Tomé and Príncipe 964 (372) 964 (372) 0 (0) 0 – Turks and Caicos Islands (United Kingdom) 948 (366) 430 (170) 0 (0) 0 Disputed island group claimed by the Bahamas. 172 Kiribati 811 (313) 811 (313) 0 (0) 0 [Note 57] 173 Bahrain 786 (303) 786 (303) 0 (0) 0 174 Dominica 751 (290) 751 (290) 0 (0) 0 175 Tonga 747 (288) 717 (277) 30 (12) 4.02 176 Singapore 728 (281) 716 (276) 10 (3.9) 1.43 177 Micronesia 702 (271) 702 (271) Negligible Negligible 178 Saint Lucia 616 (238) 606 (234) 10 (3.9) 1.62 [Note 58] – Isle of Man (British Crown Dependency) 572 (221) 572 (221) 0 (0) 0 – Guam (United States) 549 (212) 544 (210) 0 (0) 0 179 Andorra 468 (181) 468 (181) 0 (0) 0 European microstate. – Northern Mariana Islands (United States) 464 (179) 464 (179) 0 (0) 0 180 Palau 459 (177) 459 (177) 0 (0) 0 181 Seychelles 452 (175) 455 (176) 0 (0) 0 Smallest country in Africa. – Curaçao (Netherlands) 444 (171) 444 (171) 0 (0) 0 [Note 41] 182 Antigua and Barbuda 442 (171) 442.6 (170.9) 0 (0) 0 183 Barbados 430 (170) 431 (166) 0 (0) 0 – Heard Island and McDonald Islands (Australia) 412 (159) 412 (159) 0 (0) 0 [Note 17] 184 Saint Vincent and the Grenadines 389 (150) 389 (150) 0 (0) 0 – Jan Mayen (Norway) 377 (146) 377 (146) 0 (0) 0 – U.S. Virgin Islands (United States) 347 (134) 346 (134) 1,564 (604) 81.88 185 Grenada 344 (133) 344 (133) 0 (0) 0 186 Malta 316 (122) 316 (122) 0 (0) 0 European microstate. Smallest European Union member state. – Saint Helena, Ascension and Tristan da Cunha (United Kingdom) 308 (119) 308 (119) 0 (0) 0 [Note 59] 187 Maldives 300 (120) 298 (115) 0 (0) 0 Smallest country in Asia. – Bonaire (Netherlands) 294 (114) 294 (114) 0 (0) 0 [Note 41] – Cayman Islands (United Kingdom) 264 (102) 264 (102) 0 (0) 0 188 Saint Kitts and Nevis 261 (101) 261 (101) 0 (0) 0 Smallest country in the Americas and the Western Hemisphere. – Niue 260 (100) 260 (100) 0 (0) 0 [Note 60] – Akrotiri and Dhekelia (United Kingdom) 253.8 (98.0) not determined not determined not determined There is a salt lake and some wetlands of unknown area. – Saint Pierre and Miquelon (France) 242 (93) 242 (93) 0 (0) 0 – Cook Islands 236 (91) 236 (91) 0 (0) 0 [Note 61] – American Samoa (United States) 199 (77) 199 (77) 0 (0) 0 189 Marshall Islands 181 (70) 181 (70) 11,673 (4,507)[clarification needed] 98.47 – Aruba (Netherlands) 180 (69) 180 (69) 0 (0) 0 [Note 41] – Easter Island (Chile) 163.6 (63.2) 163.6 (63.2) 0 (0) 0 190 Liechtenstein 160 (62) 160 (62) 0 (0) 0 European microstate. – British Virgin Islands (United Kingdom) 151 (58) 151 (58) 0 (0) 0 – Wallis and Futuna (France) 142 (55) 142 (55) 0 (0) 0 – Christmas Island (Australia) 135 (52) 135 (52) 0 (0) 0 [Note 62] – Jersey (British Crown Dependency) 116 (45) 116 (45) 0 (0) 0 – Montserrat (United Kingdom) 102 (39) 102 (39) 0 (0) 0 – Anguilla (United Kingdom) 91 (35) 91 (35) 0 (0) 0 – Guernsey (British Crown Dependency) 78 (30) 78 (30) 0 (0) 0 191 San Marino 61 (24) 61 (24) 0 (0) 0 European microstate. – British Indian Ocean Territory (United Kingdom) 60 (23) 60 (23) 54,340 (20,980) 99.89 [Note 63] – Saint Martin (France) 54 (21) 54.4 (21.0) Negligible Negligible [Note 17] – Bermuda (United Kingdom) 54 (21) 54 (21) 0 (0) 0 – Bouvet Island (Norway) 49 (19) 49 (19) 0 (0) 0 [Note 17] – Pitcairn Islands (United Kingdom) 47 (18) 47 (18) 0 (0) 0 [Note 64] – Norfolk Island (Australia) 36 (14) 36 (14) 0 (0) 0 – Sint Maarten (Netherlands) 34 (13) 34 (13) 0 (0) 0 [Note 41] – Macao (China) 31.3 (12.1) 28.2 (10.9) 0 (0) 0 [Note 65] 192 Tuvalu 26 (10) 26 (10) 0 (0) 0 Smallest Commonwealth realm. 193 Nauru 21 (8.1) 21 (8.1) 0 (0) 0 Smallest island country, smallest republic and smallest country that is not a city-state – Saint Barthélemy (France) 21 (8.1) not determined not determined not determined [Note 17] – Sint Eustatius (Netherlands) 21 (8.1) not determined not determined not determined [Note 41] – Cocos (Keeling) Islands (Australia) 14 (5.4) 14 (5.4) 0 (0) 0 [Note 62] – Saba (Netherlands) 13 (5.0) not determined not determined not determined [Note 41] – Tokelau (New Zealand) 12 (4.6) 12 (4.6) 0 (0) 0 – Gibraltar (United Kingdom) 6 (2.3) 6.5 (2.5) 0 (0) 0 British Overseas Territory – Clipperton Island (France) 6 (2.3) 2 (0.77) 4 (1.5) 66.67 – Ashmore and Cartier Islands (Australia) 5 (1.9) 5 (1.9) 0 (0) 0 – Spratly Islands (disputed) < 5 (< 1.9) < 5 (< 1.9) 0 (0) 0 – Coral Sea Islands (Australia) < 3 (< 1.2) < 3 (< 1.2) 0 (0) 0 194 Monaco 2.02 (0.78) 2.0

write top 10 list of biggest country

World map colour-coded by areas of countries in square kilometres except Antarctica, where there are no countries. The top 10 largest countries occupy half the world's land Russia (11%) Canada (6.1%) China (6.3%) United States (6.1%) Brazil (5.7%) Australia (5.1%) India (2.0%) Argentina (1.8%) Kazakhstan (1.8%) Algeria (1.6%) Other (52.5%)

write essay on diwali

Diwali, also known as ‘Deepavali’ (a row of lamps), is one of the most fervently celebrated festivals of India. Diwali is often called the ‘Festival of Lights’, and is celebrated by lighting lamps, and bursting crackers and fireworks. It is a festival which commemorates the victorious return of Lord Rama to Ayodhya after saving his wife Sita from the demon king Ravana. This religious festival represents the triumph of good over evil and light over darkness. People all over India celebrate Diwali by lighting earthen oil lamps and decorating their houses with lights of different colours and sizes. All these lights transform streets across India into a mesmerising sight to behold. Kids celebrate the occasion by bursting crackers and different fireworks like sparklers, rockets, flower pots, fountains, peony fireworks, etc. Diwali falls on the 20th day after the festival of Dussehra, usually in October or November every year. Families and friends visit each other, exchange gifts, and share delicious food to celebrate the occasion. Goddess Lakshmi, the goddess of wealth, is also worshipped on the occasion. In recent years, the use of crackers and fireworks has come down dramatically as it contributes to air pollution and noise pollution, especially in cities where you hear a cracker bursting every other second. There are also safety issues concerning the use of fireworks, especially by children. So let us celebrate this festival of lights with more care and responsibility.” We hope the above essay for Diwali festival English proves beneficial for young learners who wish to compose an essay on this topic. We have made a modest attempt from our end to justify the essence of the auspicious Diwali festival in the essay given above. Kids can pick some ideas from this sample essay on Diwali and draft a few lines and learn how to frame sentences and enhance their English writing skills simultaneously.

write essay on holi

Holi is known as the festival of colours. It is one of the most important festivals in India. Holi is celebrated each year with zeal and enthusiasm in the month of March by followers of the Hindu religion. Those who celebrate this festival, wait for it every year eagerly to play with colours and have delectable dishes. Essay on Holi Holi is about celebrating happiness with friends and family. People forget their troubles and indulge in this festival to celebrate brotherhood. In other words, we forget our enmities and get into the festival spirit. Holi is called the festival of colours because people play with colours and apply them to each other’s faces to get coloured in the essence of the festival. History of Holi The Hindu religion believes there was a devil king named Hiranyakashyap long ago. He had a son named Prahlad and a sister called Holika. It is believed that the devil king had blessings of Lord Brahma. This blessing meant no man, animal or weapon could kill him. This blessing turned into a curse for him as he became very arrogant. He ordered his kingdom to worship him instead of God, not sparing his own son. Following this, all the people began worshipping him except for his son, Prahlad. Prahlad refused to worship his father instead of God as he was a true believer of Lord Vishnu. Upon seeing his disobedience, the devil king planned with his sister to kill Prahlad. He made her sit in the fire with his son on the lap, where Holika got burned and Prahlad came out safe. This indicated he was protected by his Lord because of his devotion. Thus, people started celebrating Holi as the victory of good over evil. Get the huge list of more than 500 Essay Topics and Ideas The Celebration of Holi People celebrate Holi with utmost fervour and enthusiasm, especially in North India. One day before Holi, people conduct a ritual called ‘Holika Dahan’. In this ritual, people pile heaps of wood in public areas to burn. It symbolizes the burning of evil powers revising the story of Holika and King Hiranyakashyap. Furthermore, they gather around the Holika to seek blessings and offer their devotion to God. The next day is probably the most colourful day in India. People get up in the morning and offer pooja to God. Then, they dress up in white clothes and play with colours. They splash water on one another. Children run around splashing water colours using water guns. Similarly, even the adults become children on this day. They rub colour on each other’s faces and immerse themselves in water. In the evening, they bathe and dress up nicely to visit their friends and family. They dance throughout the day and drink a special drink called the ‘bhaang’. People of all ages relish holi’s special delicacy ‘gujiya’ ardently. In short, Holi spreads love and brotherhood. It brings harmony and happiness in the country. Holi symbolizes the triumph of good over evil. This colourful festival unites people and removes all sorts of negativity from life.

How to remember any thing fastly

top 20 list of rich person in the world

 . Bernard Arnault – $193 billion


LVMH Chairman and CEO Bernard Arnault is the richest person on the earth today. His net worth is $193 billion resulting from his business across an empire of more than 70 brands including Louis Vuitton and Sephora.

2. Elon Musk – $174 billion
Elon Musk is working to revolutionise transportation both on Earth – through electric car maker Tesla, and in space – via rocket producer SpaceX. Currently, his net worth is $174 billion. Musk became the owner and CEO of Twitter in October last year after acquiring the social media company for $44 billion.


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3. Jeff Bezos – $136 billion
Amazon founder and CEO Jeff Bezos ranks as the third richest person on the earth today. He has remained at the top even after divorcing his wife MacKenzie in 2019 and transferring a quarter of his stake in Amazon to her. Founded in 1994 out of Bezos’s garage in Bellevue, Washington, the e-commerce giant has reaped the benefits of the coronavirus pandemic, with more people shopping online.

4. Bill Gates – $115 billion
The co-founder of Bill & Melinda Gates Foundation, Bill Gates has a net worth of $115 billion. Having founded the software giant Microsoft along with Paul Allen, Bill Gates eventually sold away much of his stakes in the company retaining just 1% of the shares and investing the rest in stocks and other assets. The Bill & Melinda Gates Foundation is the world’s largest private charitable foundation.

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5Warren Buffet – $108 billion
Popularly known as the Oracle of Omaha, Warren Buffet is seen as one of the most successful investors of all times. He runs Berkshire Hathaway that owns over 60 companies including Geico insurance, Duracell and Dairy Queen Restaurant. His net worth is $108 billion. The son of a US congressman, he bought his first stock at the age of 11.

6. Larry Ellison - $102 billion
Larry Ellison has a net worth of nearly $102 billion which he earned from Oracle, the software firm he co-founded in 1977. He quit as the CEO of the company in 2014 and since then he functions as the chairman of the board and chief technology advisor of the company. Ellison has also been on the board of Tesla since December 2018 after he purchased 3 million shares earlier that year. He owns nearly all of Hawaiian island Lanai.

7. Larry Page – $98.4 billion
Larry Page, the co-founder of Alphabet, the holding company for Google, has a net worth of $98.4 billion and ranks eighth among the world’s richest persons. He has also invested in Planetary Resources, the famed space exploration company, and is also funding “Flying Car”, startup companies Kitty Hawk and Opener.

8Sergey Brin — $94.6 billion
The co-founder and board member of Alphabet, Sergey Brin has a net worth of $94.6 billion which places him in the ninth position among the world’s richest persons. He co-founded Google along with Larry Page in 1998 which went public in 2004 and became Alphabet in 2015.

9. Steve Ballmer – $94 billion
The owner of the Los Angeles Clippers basketball team, Steve Ballmer has a net worth of $94 billion, ranking him tenth among the world’s top richest persons. Ballmer joined Microsoft in 1980 as employee No. 30 and became its CEO in 2000 succeeding Bill Gates.

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10. Carlos Slim – $84.2 billion
Carlos Slim controls America Movil, the biggest mobile telecom firm in Latin America. His net worth is $84.2 billion and he also owns stakes in New York Times and commercial banks. Through his family’s investment vehicle, he is also invested in the Mexican construction industry.

11. Francoise Bettencourt Meyers – $82.1 billion
Counted among the richest women on the earth, L’Oreal founder’s granddaughter Francoise Bettencourt Meyers owns 33% stake in the company, which is the world’s largest cosmetics maker.

12. Mukesh Ambani – $80.3 billion
A Stanford dropout, Ambani has been one of the richest men in Asia, for over a decade now. He is the owner and chairperson of Reliance Industries, which owns the world’s largest oil refining complex. He also owns the Mumbai Indians professional cricket team.

13. Mark Zuckerberg - $ 69.8 billion

14. Zhong Shanshan – $69.3 billion
The Chinese billionaire held a variety of jobs, including as construction worker and news reporter before building his own business, Nongfu Spring. He is also the major shareholder of a pharma company, Beijing Wantai Biological Pharmacy Enterprise.

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15. Charles Koch - $69.1 billion
The American billionaire is Chairman of Koch Industries, a multi-industry conglomerate based in Wichita, Kansas and one of the largest privately held companies in the US. Koch is known for his philanthropy and political activism, particularly in support of libertarian and conservative causes.

16. Julia Flesher Koch & family - $68.8 billion
The American socialite and philanthropist is one of the richest women in the world, who inherited her fortune from her husband David Koch, who died in 2019. Together with her three kids, she inherited a 42% stake in Koch Industries.

17. Jim Walton – $65.6 billion
The youngest son of Sam Walton, the founder of Walmart, Jim Walton has 44% stakes in Arvest Bank. He and the other two heirs of the Walmart founder own more than half of the world’s largest retailer.

18. Rob Walton – $64.8 billion
Robson Walton, also called Rob Walton is the eldest son of Sam Walton, the founder of Walmart. His net worth is $64.8 billion. He and the other two siblings of the Walmart founder own more than half of the company’s shares.

19. Amancio Ortega - $64.6 billion
The Spanish billionaire is the founder and former chairman of Inditex, the world’s largest clothing retailer. The company is best known for its chain of Zara and Bershka clothing and accessories shops. Ortega has a net worth of $64.6 billion.

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20. Alice Walton – $63.1 billion
The daughter of Sam Walton, the founder of Walmart, Alice Walton focused on curating art instead of working for Walmart as her two siblings did. In 2011, she instituted a museum called Crystal Bridges Museum of American Art.

See Also -
Top 10 richest actor in India
Top 10 businesswomen in India
Top 10 Richest Actress in India
Top 10 largest economies in the world

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A look at the global fintech landscape and how countries are embracing digital disruption in financial services

A look at the global fintech landscape and how countries are embracing digital disruption in financial services

This is a preview of the "Global Fintech Landscape" premium research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here.

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Digitally active customers who use fintech

Since sprouting in the US and UK around 10 years ago, fintech has spread globally. Now, after years of proliferation, countries around the world are starting to see their fintech industries mature. Additionally, we continue to see the emergence of new hotbeds for fintech. This indicates that the space is still far from being fully developed, and that there are many new ways in which startups and their technologies continue to change financial services.

The fact that many new players are emerging in the space also suggests that attention is shifting away from the main countries where fintech is prevalent, and that investors are seeing the potential of newer, conventionally untapped markets.

The spread of fintech can be largely seen in the emergence of fintech hubs - cities where startups, talent, and funding congregate - which are proliferating globally in tandem with ongoing disruption in financial services. These hubs are all vying to become established fintech centers in their own right, and want to contribute to the broader financial services ecosystem of the future. Their success depends on a variety of factors, including access to funding and talent, as well as the approach of relevant regulators.

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In this report, Business Insider Intelligence compiles various fintech snapshots, which together show the global proliferation of fintech, and illustrate where fintech is starting to mature and where it is just breaking onto the scene. Each snapshot provides an overview of the fintech industry in a particular country, and details what is contributing to or hindering its further development. We also include notable fintechs in each geography, and discuss what the opportunities or challenges are for that particular domestic industry.

Here are some of the key takeaways from the report:

  • Besides the US and UK, there are plenty of other countries developing strong fintech hubs. Australia, Switzerland, and China, which are profiled in this report, have managed to leverage their stable financial centers of Sydney, Zurich, and Shanghai, respectively, to spur fintech development and attract funding.
  • There are also a number of emerging fintech markets, including Brazil, Israel, and Canada, that are likely to play a big part in the global fintech ecosystem in the future. These countries have nascent but rapidly developing fintech hubs, as well as supportive regulatory environments, that could help them cement strong positions in the broader fintech scene.
  • Many more fintech hubs will likely morph into big fintech players. This could push investors to increasingly wake up to the opportunities in new markets, leading fintech funding to become more diversified in the future, particularly outside of the UK and US.

In full, the report:

  • Outlines how the fintech industry has changed over the past 10 years.
  • Details which cities are the most likely to succeed as fintech hubs at present and going forward.
  • Highlights notable fintech startups in each of these markets.
  • Discusses the potential opportunities and challenges these countries are facing today and in the future.

Interested in getting the full report? Here are two ways to access it:

  1. Purchase & download the full report from our research store. >>Purchase & Download Now
  2. Subscribe to a Premium pass to Business Insider Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure you stay ahead of the curve and benefit personally and professionally. >> Learn More Now

The choice is yours. But however you decide to acquire this report, you've given yourself a powerful advantage in your understanding of the fast-moving world of Fintech.

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Top cryptocurrencies in India gain 10-50% after the SC verdict quashing RBI ban

Top cryptocurrencies in India gain 10-50% after the SC verdict quashing RBI ban
This is how major cryptocurrencies in India reacted to the Supreme Court’s order quashing RBI’s banBI India
  • WazirX Tokens have nearly doubled in value after the Supreme Court announced that it is now legal for Indian banks to deal in cryptocurrencies.
  • Other currencies like Chainlink and Substratum cooled off after the initial burst, but WazirX Token and Matic Network continue to hold strong.
  • International currencies like Bitcoin and Ethereum have not reacted to the news, but investors believe they will likely surge once the US markets open.
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India’s top court struck down a ban on trading in cryptocurrencies by the Reserve Bank of India’s (RBI) today, March 4. These currencies which trade heavily on sentiment, rallied sharply today. WazirX Tokens have nearly doubled in value today, as the SC move will allow banks to participate in the cryptocurrency market.

In fact, some of the currencies rallied so much that a few investors are already booking profits from the surge, by selling. Others are betting on the market to pump more coin once the Indian currency gets introduced.

Immediately after the announcement, WazirX Tokens rose by 25% followed by Chainlink, which surged by 13.24%.

Top cryptocurrencies in India gain 10-50% after the SC verdict quashing RBI ban
WazirX Exchange at 11:15am

In 2018, the potential size of India’s cryptocurrency market was estimated to be $12.9 billion according to a report by CREBACO, with the scope to add 25,000 to 30,000 jobs to the industry once it was regulated.

Before the ban, the average volume across five major exchanges in India was around 750 Bitcoins per day. However, top international cryptocurrencies — like Bitcoin and Etheruem — are yet to react to the news. Speculation hints that their value may surge once the US markets open.
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Meanwhile, cryptocurrencies in India continue to ride the high even as many believe the ‘whales’ — individuals who hold large amounts of digital currency — are offloading.

After the initial burst, trading cooled off on most digital currencies. However, WazirX tokens and Matic Network continue to surge further.

Top cryptocurrencies in India gain 10-50% after the SC verdict quashing RBI ban
Source: WazirX Exchange at 2:30pm

See also:
Cryptocurrency trading can restart in India after top court removes RBI ban calling it 'unconstitutional'

India’s crypto market was worth $12.9 billion in 2017 before it incurred the RBI's wrath


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ACCOUNTS PAYABLE AUTOMATION: The multitrillion-dollar accounts payable market is finally digitizing - here's how payments providers can grab a piece of it

ACCOUNTS PAYABLE AUTOMATION: The multitrillion-dollar accounts payable market is finally digitizing - here's how payments providers can grab a piece of it

accounts payable process

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The $22 trillion business-to-business (B2B) US payments market is facing a paradox. High invoice volume (a business can see anywhere from hundreds to tens of thousands of invoices per month) and small departments that still use largely analog process are driving a desire to digitize: Enterprises using digital payables platforms can see 81% lower processing costs and 73% faster processing cycle times, per Kofax.

But accounts payable is a complex process, and entrenched habits and limited resources have stymied digitization and kept companies set in their ways.

Today, more firms are starting to seek accounts payable solutions that automate the invoicing and payments process, as they look to cut costs, decrease fraud, improve efficiency, and gain more visibility into payment data. These changes are bringing a deluge of providers - including software companies, card networks and providers, banks, and payment networks - into the ecosystem.

By moving into B2B payments, players in the space can diversify their businesses by capturing a new source of volume and attracting a new set of clients, attractive prospects as growth in digital consumer payments begins to slow.

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For these providers, striking while the iron is hot and chasing the classes of businesses with the most opportunity - including small sellers, the middle market, cross-border companies, and the gig economy - will prove the top strategies in a successful pursuit of the B2B market.

In this report, Business Insider Intelligence will size the accounts payable market in the US; evaluate the breakdown between analog and digital processes at all three stages of an accounts payable transaction; and evaluate barriers toward digitization.

We will then identify four key segments where there's particular opportunity in accounts payable and assess the value in each. Finally, we will examine four best-in-class providers serving these areas and explain why their solutions could be a blueprint for other providers entering B2B.

The companies mentioned in this report are: Bottomline Technologies, Intuit, JPMorgan Chase, MineralTree, Oracle, SAP, SWIFT, Tipalti, Visa, Xerox.

Here are some key takeaways from the report:

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  • The $22 trillion US B2B payments market has been slow to digitize, with 36% of firms using paper invoicing, 47% relying on manual processes for approval, and 49% of payments made by check.
  • Forty-four percent of businesses are looking to add automation to their payables processes as a way to capitalize on the efficiency and cost-cutting benefits it brings in, while also cutting fraud and increasing access to payment data.
  • Large enterprises have the highest budgets for digital solutions, but they're also the most likely to already be using them, which makes small businesses, middle-market companies, cross-border businesses, and the gig economy the ripest targets for innovation.

In full, the report:

  • Explains the typical accounts payable process and identifies pain points within each stage.
  • Lists the benefits of automating accounts payables and highlights friction points preventing businesses from digitizing.
  • Analyzes how payments providers can best move into the space and capture a large volume share as the market is on the cusp of rapid digitization.
  • Evaluates four best-in-class strategies that payments providers looking to move into payables can take to scale quickly.

Interested in getting the full report? Here's how to get access:

  1. Purchase & download the full report from our research store. >> Purchase & Download Now
  2. Sign up for Payments & Commerce Pro, Business Insider Intelligence's expert product suite keeping you up-to-date on the people, technologies, trends, and companies shaping the future of consumerism, delivered to your inbox 6x a week. >> Get Started
  3. Subscribe to a Premium pass to Business Insider Intelligence and gain immediate access to this report and more than 250 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure you stay ahead of the curve and benefit personally and professionally. >> Learn More Now
  4. Current subscribers can read the report here.

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