See the below image for the Economies adding to global growth diagram. Countries like India and Indonesia will contribute to the Other Asia” share, and Japan will only contribute 1% to the global growth total. In terms of developed economies, the U.S. will lead the pack (11%) in contributing to global growth.
Asia as a whole will account for 63% of all global GDP growth (PPP) this year, with the lion’s share going to China. Countries like India and Indonesia will contribute to the Other Asia” share, and Japan will only contribute 1% to the global growth total.
Let’s start by looking at where global growth is forecasted to occur in 2019: The data here mimics some of the previous estimates we’ve seen from Standard Chartered, such as this chart which projects the largest economies in 2030. Asia as a whole will account for 63% of all global GDP growth (PPP) this year, with the lion’s share going to China.
Economies adding to global growth image
