FX.co ★ Five most helpful languages to run business

English

The English language plays a unique role in the global economy and culture, being one of the most widespread in the world. Currently, over 1.5 billion people around the world speak English, making it not just a means of communication, but also a powerful tool for doing business. English is the official language of many developed countries, such as the US, the UK, Canada, and Australia, whose combined GDP exceeds $30 trillion. This highlights its importance not only in international business transactions but also in the development of the global economy.

Northern Chinese

Northern Chinese, or Mandarin, is China's most widely spoken language. Today it is used by 1.1 billion people in China and beyond its borders. This is why Mandarin is considered one of the most useful languages for doing business. This knowledge opens up great opportunities for building business relationships with one of the leading economies in the world. Currently, China ranks second in terms of economic power, competing with its bitter rival, the US. According to the latest estimates, China’s GDP exceeds $17 trillion.

Hindi

Third on the list of most useful languages for business is Hindi, one of the most widely spoken languages in India. Nowadays, it is spoken by almost 610 million people around the world. This makes it significant not only in a cultural but also in an economic context. Hindi plays a key role in building business ties with one of the world's fastest growing economies. Notably, India’s GDP surpasses $3.4 billion.

Spanish

Spanish, now spoken by 559 million people, is officially used not only in Spain, but also in Mexico, the US, and most countries in Latin America, making it a key communication tool in much of the Western Hemisphere. For this reason, Spanish is also considered one of the most important languages for doing business. Proficiency in Spanish provides direct access to many markets and opens up new opportunities for expanding business contacts and global cooperation.

French

French, which is now spoken by almost 310 million people, closes the ranking of the most useful languages for business. As one of the leading Romance languages of the Indo-European language family, French is used in France, several other European countries, and Canada. This underscores its economic importance in international business. Speaking French opens up access to diverse markets, facilitating more effective business communication and collaboration.