Thursday , 28 March 2024

World’s 10 Largest Economies Changing Rapidly – Will America Remain #1?

You won’t be able to tell the story of the 21st century without India and Chinaeconomy2 as its main protagonists. Just look at the numbers in the two animated charts [provided in this article].

The comments above and below are excerpts from an article by Ishaan Tharoor (WashingtonPost.com) which may have been enhanced – edited ([ ]) and abridged (…) – by  munKNEE.com (Your Key to Making Money!)  to provide you with a faster & easier read.  Register to receive our bi-weekly Market Intelligence Report newsletter (see sample here , sign up in top right hand corner.)

…The two animated charts [below], published earlier this year by Swedish data-visualization designer Aron Strandberg, show China’s and India’s economic growth from the 1970s to their predicted levels in 2030.

  • Neither China nor India appear in the world’s top economies in the chart until the 1990s, when China first emerges as a tiny blip and then zooms up the chart past Europe’s traditional economic titans and Japan. India jumps into the frame by the late 2000s.

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By the end of the next decade, China and India, along with the United States, will rank as the world’s top three economies…

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