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US Share of World Economy Projected to Reach Historic Low

October 13, 2024 by DIGIT
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US Share of World Economy Projected to Reach Historic Low Under BidenThe 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 […]

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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)$68,377.00-0.84%
  • ethereumEthereum(ETH)$1,971.61-1.87%
  • tetherTether(USDT)$1.00-0.02%
  • rippleXRP(XRP)$1.49-2.29%
  • binancecoinBNB(BNB)$617.53-0.10%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$84.62-3.29%
  • tronTRON(TRX)$0.2806060.09%
  • dogecoinDogecoin(DOGE)$0.100776-6.95%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%