How much of World GDP Goes to the Advance Countries?

Emerging and developing economies would not be fully decoupled from economic woes of the advanced economies. The figure below shows us that although developing Asian countries have grown at a breakneck speed in recent years, the United States still contributes around 21.3% of world GDP. Just the contribution of the United States and the Euro Area amounts to around 37% of world GDP.

The advanced economies also hold around 51% of the total exports of goods and services. Yet the advanced economies accounts for only 15.2% of the world population. This means that although the advanced economies are only a small part of the world in terms of population, they relatively contribute to a huge portion of world output and trade.

Source: World Economic Outlook (October 2008), IMF

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