Saturday, December 22, 2018

We Are the World





Overall, the US produced 24.3% of world GDP in 2017, with only about 4.3% of the world’s population. Three of America’s states (California, Texas and New York) – as separate countries – would have ranked in the world’s top 11 largest economies last year. Together, those three US states produced nearly $6.0 trillion in economic output last year, and as a separate country would have ranked as the world’s third-largest economy and ahead of No. 4 Japan ($4.8 trillion) by more than $1 trillion.

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