IMF GDP Calculations Show US Falling Behind Europe

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Article Submitted by: Sam Cass
The Economy

Tags: Gdp, World gdp.

I was looking at a chart of GDP calculations through 2008 and was struck by how Europe seems to be zooming ahead of the US as the world's largest economic block. In 2006, US GDP was 13 trillion and Europe was 14.6 trillion. By the end of 2008, the IMF is estimating that Europe will grow to 17.6 trillion while the US will only grow to 14.3.

China, India, Japan remain far behind.

Submitted: Feb 25, 2008 Views: 259 Comments: 0 Likes: 1

Country 2006 2007 2008 Estimate as of World 48,144,466 53,431,490 57,267,090 2007 European Union 14,609,836 16,574,443 17,607,657 2006 United States 13,194.700 13,794,220 14,305,700 2007 Japan 4,366,460 4,345,948 4,552,204 2007 Germany 2,915,870 3,259,212 3,414,629 2007 People's Republic of China 2,644,640 3,248,520 3,713,300 2007 United Kingdom 2,398,950 2,755,920 2,933,240 2007 France 2,252,210 2,515,240 2,656,530 2007 Italy 1,852,580 2,067,680 2,174,820 2007

To see the actual chart, click here.

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FED Fueling Stagflation by finblogger - Jan 31, 2008.

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