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EconomyGlobal Economic Output To Exceed $100 Trillion in 2022

Global Economic Output To Exceed $100 Trillion in 2022

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.

Layne Heinyhttp://www.layneheiny.com
LPH is a high school physics teacher interested in the Apple iPad and iPhone, Microsoft Surface, Tablet PCs, and other mobile devices. He resides with one large dog who begs for pizza, hamburgers, French fries, and anything else on the dinner table.

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