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US Share of World Economy Projected to Reach Historic Low

October 13, 2024 by DIGIT

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 … Read more

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


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  • bitcoinBitcoin(BTC)$88,773.00-3.72%
  • ethereumEthereum(ETH)$3,014.73-4.79%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-4.65%
  • binancecoinBNB(BNB)$878.45-3.00%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$131.93-7.23%
  • tronTRON(TRX)$0.2850010.54%
  • staked-etherLido Staked Ether(STETH)$3,016.20-4.71%
  • dogecoinDogecoin(DOGE)$0.138583-7.16%