November 24, 2024

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US Share of World Economy Projected to Reach Historic Low

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US Share of World Economy Projected to Reach Historic Low
US Share of World Economy Projected to Reach Historic LowThe 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 […]