Search

World economy to top $100 trillion in 2022 for first time: report - Reuters

indonesiabei.blogspot.com

Women pose for pictures at a shopping mall near the CCTV headquarters and China Zun skyscraper in Beijing's central business district (CBD), China, July 16, 2020. REUTERS/Tingshu Wang

Register now for FREE unlimited access to Reuters.com

LONDON, Dec 26 (Reuters) - The world's economic output will exceed $100 trillion for the first time next year and it will take China a little longer than previously thought to overtake the United States as the No.1 economy, a report showed on Sunday.

British consultancy Cebr predicted China will become the world's top economy in dollar terms in 2030, two years later than forecast in last year's World Economic League Table report.

India looks set to overtake France next year and then Britain in 2023 to regain its place as the world's sixth biggest economy, Cebr said.

Register now for FREE unlimited access to Reuters.com

"The important issue for the 2020s is how the world economies cope with inflation, which has now reached 6.8% in the U.S.," said Cebr deputy chairman Douglas McWilliams.

"We hope that a relatively modest adjustment to the tiller will bring the non-transitory elements under control. If not, then the world will need to brace itself for a recession in 2023 or 2024."

The report showed Germany was on track to overtake Japan in terms of economic output in 2033. Russia could become a Top 10 economy by 2036 and Indonesia looks on track for ninth place in 2034.

Register now for FREE unlimited access to Reuters.com

Reporting by Andy Bruce, Editing by Paul Sandle

Our Standards: The Thomson Reuters Trust Principles.

Adblock test (Why?)



"world" - Google News
December 26, 2021 at 07:20AM
https://ift.tt/3JmdSQe

World economy to top $100 trillion in 2022 for first time: report - Reuters
"world" - Google News
https://ift.tt/3d80zBJ
https://ift.tt/2WkdbyX

Bagikan Berita Ini

0 Response to "World economy to top $100 trillion in 2022 for first time: report - Reuters"

Post a Comment

Powered by Blogger.