The US is still at the center of the global economy

Question

Despite all the gloom and doom talk in finance right now, the US is still at the top making up nearly one quarter of the global economy. China follows close behind at $19.9 trillion which was actully very surprising to me considering how much manufacturing infrastructure they have.

https://www.visualcapitalist.com/100-trillion-global-economy/

YBINBaker · Accepted Answer

"While China’s GDP growth has slowed in recent years, projections still indicate that the country will overtake the U.S. by 2030, dethroning the world’s economic leader."

This article on Fortune has the GLOBAL GDB doubling to 200T and China leading the world. I bet some people are shaking in their boots.

hOJD9032mpkcw2 · Answer

Thats really surprising actually considering how much the US imports from China but it makes sense in aggregate Asia tops the US.

telescope · Answer

1000%

19g617l4n47pa3 · Answer

Image is highly misleading.  Europe is represented here as individual countries, however the European Union legally negotiates, trades and operates collectively as a single market.  This economy would be better visualised collectively.

The US is still at the center of the global economy

The $100 Trillion Global Economy in One Chart

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