Global Economic Output To Exceed $100 Trillion in 2022

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According to a report by the Centre for Economics and Business Research (CEBR), the world’s economic output is expected to exceed $100 trillion in 2022. The U.S. will remain the number one world economy, while China economic growth places the country in second place. China is expected to become the largest economy by 2030.

These estimates are based on the total value of finished goods and services produced in a country, known as the Gross Domestic Product, GDP.