InvestorQ : Is it true that global GDP will cross $100 trillion in the coming year?
Mitali Bhutta made post

Is it true that global GDP will cross $100 trillion in the coming year?

Answer
image
5 months ago
Follow

In the coming year 2022, the global GDP is expected to cross $100 trillion. This was originally supposed to happen in 2020 but things got postponed by 2 years on account of COVID. However, the report by a UK based body has also forecast that China would now take 2 more years till 2030 instead of 2028 to overtake the US as the largest economy.

The report has identified inflation and central bank hawkishness as the biggest challenges for global economies in 2022. According to the report, Germany is likely to overtake Japan in terms of GDP by 2033 while both Russia and Indonesia are likely to enter the top-10 list in terms of real GDP by 2035. India will be at 6th place.

29 Views