Visualizing the $94 Trillion World Economy in One Chart

Discussion in 'Economics' started by gwb-trading, Dec 29, 2021.

  1. gwb-trading

    gwb-trading

    Visualizing the $94 Trillion World Economy in One Chart
    https://www.visualcapitalist.com/visualizing-the-94-trillion-world-economy-in-one-chart/

    [​IMG]

    The $94 Trillion World Economy in One Chart
    View the expanded version of this infographic.

    Just four countries—the U.S., China, Japan, and Germany—make up over half of the world’s economic output by gross domestic product (GDP) in nominal terms. In fact, the GDP of the U.S. alone is greater than the combined GDP of 170 countries.

    How do the different economies of the world compare? In this visualization we look at GDP by country in 2021, using data and estimates from the International Monetary Fund (IMF).

    An Overview of GDP
    GDP serves as a broad indicator for a country’s economic output. It measures the total market value of final goods and services produced in a country in a specific timeframe, such as a quarter or year. In addition, GDP also takes into consideration the output of services provided by the government, such as money spent on defense, healthcare, or education.

    Generally speaking, when GDP is increasing in a country, it is a sign of greater economic activity that benefits workers and businesses (while the reverse is true for a decline).

    The World Economy: Top 50 Countries
    Who are the biggest contributors to the global economy? Here is the ranking of the 50 largest countries by GDP in 2021:

    (more including Top 50 list, smallest list, and fastest growing list at above url)
     
    wrbtrader, comagnum, Sprout and 5 others like this.
  2. Pretty soon communist China will steal their way to the top.
     
  3. maxinger

    maxinger

    How would it look like if President Nixon didn't visit China?
     
  4. ipatent

    ipatent

    They still have another 600 million people to lift into the middle class. What will be their number when that has been done? 50T?
     
    jys78 likes this.
  5. mervyn

    mervyn

    The Cold War with Soviet would still be on. There wouldn’t be globalized economies.
     
  6. S2007S

    S2007S



    Without the federal reserve printing unlimited amounts of trillions the last decade, that $94 trillion would be about $24 Trillion.
     
  7. Nine_Ender

    Nine_Ender

    One of the dumbest things you've ever posted on here. And that's a high hurdle to leap because you've posted a lot of really dumb shit on this site. But it does help illustrate the extreme level of delusion you operate on. When you pulled that figure out of your ass, did you wipe afterwards ?
     
    Last edited: Dec 30, 2021
  8. S2007S

    S2007S


    I don't think you comprehend what the feds unlimited spending habits have done to world GDPs, if you actually believe that these trillion dollar economies could have done it all on its lonesome self you my friend are delusional. Simple as that.
     
  9. vanzandt

    vanzandt

    upload_2021-12-31_7-4-15.jpeg

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    wrbtrader likes this.
  10. bookish

    bookish

    Thats easy, its just me and a bunch of cock suckers and they all have their fists in my pockets.
     
    #10     Jan 4, 2022