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4 The USA was the biggest economy, with something like 40% of total global GDP. That drove everything else. Now it is down to 20ish % if I recall correctly and
by yxhuvud 7y ago
4 The USA was the biggest economy, with something like 40% of total global GDP. That drove everything else.
Now it is down to 20ish % if I recall correctly and hence the motivation to diversify reserves is a lot bigger.
- llampx 7y ago15% recently from the authors article, and falling from my calculations.
- cdiddy2 7y agodepends on if you adjust for PPP or not. Its 24% raw or 15% adjusted for PPP. RAW: https://ycharts.com/indicators/us_gdp_as_a_percentage_of_world_gdp https://ycharts.com/indicators/us_gdp_as_a_percentage_of_wor... PPP: https://www.statista.com/statistics/270267/united-states-share-of-global-gross-domestic-product-gdp/ https://www.statista.com/statistics/270267/united-states-sha...