L’UE ha appena passato la Cina al PIL
https://i.redd.it/xti2rdj2vtjf1.png
di mr_house7
L’UE ha appena passato la Cina al PIL
https://i.redd.it/xti2rdj2vtjf1.png
di mr_house7
11 commenti
Source: [https://www.imf.org/external/datamapper/NGDPD@WEO/EU/CHN/USA](https://www.imf.org/external/datamapper/NGDPD@WEO/EU/CHN/USA)
As per the chart, it seems like EU passed China already back in 2023, not exectly “just” recently
Expressed purely as GDP, it’s fairly meaningless.
That said, EU GDP (PPP Adjusted) is around 97% of the US anyway, so measuring EU GDP in USD is flawed.
Just exchange rate shenanigans thanks to Trump’s tariffs. You would see that sharply reverse if China allows renminbi to appreciate.
in China GDP/GDP growth is a political target that needs to be reached, in the rest of the world is a statistic done on a regular bases to see how the economy looks up …
GDP is a shit metric
The gap needs to widen further
Great job team!
You have to adjust by PPP otherwise it entirely depends on the exchange rate which is varying all the time.
ITT: dick measuring.
“The reports of my death have been greatly exaggerated” – The EU, probably