Share of Global GDP

Share of Global GDP Today, U.S. GDP contributes 23.9% of the world’s economic output. In 1960, U.S. GDP was 40% of global GDP. Image: Jeroen Blokland

World Counting on the U.S. Consumer

World Counting on the U.S. Consumer The U.S. consumer accounts for 17% of world GDP. That’s more than China’s GDP. Image: Truist

China as a Percent of Global GDP

China as a Percent of Global GDP China is the world’s second largest economy, contributing 15.86% to global GDP in 2018. The United States remains the world’s largest economy, contributing 23.9% to global GDP. Image: Bloomberg, Michael McDonough

Household Debt to GDP by Country

Household Debt to GDP by Country This chart shows a global view of household debt as a percent of GDP. Households of Australia, Netherlands and Canada are the most indebted in the world. Image: Oxford Economics

Total Global Debt to GDP

Total Global Debt to GDP The global debt-to-GDP ratio is hovering near a record at $244 trillion. That’s now more than three times the size of the world economy. Image: Deutsche Bank Global Research

China Credit Impulse Leads World Trade

China Credit Impulse Leads World Trade The chart suggests that China credit impulse leads world trade by 12 months. World trade is expected to turn positive in coming months. Credit impulse is the change in new credit issued as a percentage of GDP. Image: Oxford Economics, Macrobond

Global Nominal GDP

Global Nominal GDP After the U.S., China is the world’s second largest economy. Its nominal GDP represents 16% of world GDP, compared to 24% for the United States. Image: Scotiabank

World Exports Are Contracting – May 2019

World Exports Are Contracting – May 2019 Nowadays, exports of goods and services represent 29% of global GDP and trade tensions are causing a contraction in world exports. Image: First Eagle Investment Management

Debt, Demographics and Labor Force Growth

Debt, Demographics and Labor Force Growth The slowdown in the labor force in the U.S., China, Europe and Japan, represents 62% of the world’s GDP and 69% of the equity market capitalization. The labor force growth is expected to be -1% by 2055. Image: Fidelity Investments