US vs other countries economy

See the below image for the US vs other countries economy diagram. The United States economy’s growth rate for 2019 was quite low when compared to other countries. The IMF found that the growth rate for the United States was 2.35%, good for 115th in the world out of 193 countries. America was behind both the Czech Republic and Slovakia, as well as Morocco, Belize, Sri Lanka and Algeria.

Despite the high economic growth rates of developing nations, the United States is by far the world’s wealthiest nation, as measured by gross domestic product (GDP) — the broadest measure of economic wealth. The rest of the world doesn’t even come close. This year, U.S. GDP should hit $18 trillion.

Although the U.S. economy was not as dominant as it was directly after World War II, the rest of the world (outside of China and India) has hardly fared better since the 1980s. The Japanese economy has not matched U.S. growth rates for the last two decades.

US vs other countries economy image

US vs other countries economy