US Share of World Economy Projected to Reach Historic Low

Publikováno: 13.10.2024

#Economics #Biden #China #Economic Decline #economic growth #economic power #economic share #Global Economy #global influence #IMF #Obama #projection #Purchasing Power Parity #Sputnik #Trump #U.S. economy #World Bank

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US Share of World Economy Projected to Reach Historic Low Under Biden

The U.S. share of the global economy has fallen below 15% during President Joe Biden’s term, according to Sputnik’s analysis of World Bank and International Monetary Fund (IMF) data. Once peaking at over 21% in 1999, the U.S. has seen a steady decline, with China now commanding a larger share at 18.76%. This downward trend […]