๐ G20 GDP Growth (2000โ2024) โ Whoโs Winning the Growth Race? ๐
From emerging markets to developed giants, GDP growth over the last 24 years shows some striking trends. Letโs break it down:
๐ฅ Top 5 Growth Leaders
๐จ๐ณ China โ +1432% ๐ฅ
The clear frontrunner โ massive industrialization and export-driven growth.
๐ฎ๐ฉ Indonesia โ +746%
Rapid urbanization, young population, and rising consumption.
๐ท๐บ Russia โ +737%
Resource-driven growth, though volatility remains high.
๐ฎ๐ณ India โ +735%
Demographics and tech adoption fueling strong long-term expansion.
๐ธ๐ฆ Saudi Arabia โ +553%
Oil-driven revenues and recent diversification initiatives.
๐ Developed Economies Lagging
๐บ๐ธ United States โ +185%
๐ฉ๐ช Germany โ +137%
๐ซ๐ท France โ +132%
๐ฌ๐ง United Kingdom โ +119%
๐ฎ๐น Italy โ +106%
Despite being large economies, mature markets grow slower.
โก Key Takeaways
Emerging markets dominate long-term growth due to population, industrialization, and tech adoption.
Developed countries grow steadily but at a much lower pace.
Excluding Japan, which saw stagnation/decline โ a cautionary tale for aging economies.
โ Question for You
Where does your country stand in the growth leaderboard?
Are you surprised by any of these rankings?
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