U.S. Economy Grew Faster Than Any Leading Country
The U.S. is winning the economic war by a larger margin despite facing stiff competition from leading global economies. The wide margin puts the U.S. economy on a winning track in the months leading up to the presidential elections. The U.S. experienced the top most growth in terms of GDP compared to its G7 Western counterparts. Also Read: BRICS Control 47% of Global Oil, U.S. Owns Just 2.1% Below is the U.S. economy’s growth against the leading G7 economies. Source: IMF / Axios The charts show the U.S. economy taking the lion’s share of the GDP in 2023. The U.S. economy grew by 2.5% last year outperforming other leading countries by a bigger margin. The second in line is Japan, which grew by 1.9% in 2023. Canada comes a distant third at 1.1% growth while France stood at a 0.8% rise in its GDP. In addition, Italy, the United Kingdom, and Germany took the fifth, sixth, and seventh spots at 0.7%, 0.5%, and 0.3%, respectively. U.S. Economy 2024 Growth Projection ...