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Jan 5, 2016 / Richard Hall

World growth at a glance

World-GDP-1

Which countries contributed most to global economic growth in 2015 ?  The latest figures for the third quarter were China accounting for over 40% and India for 17%, with the United States in third place, while the economies of Brazil and Russia contracted.

Overall growth was 2.7% and seems to have settled at closer to 3% rather than the 4% average achieved before the economic downturn of 2008.

The chart comes from The Economist magazine on 19th December.  It’s the most informative single line of analysis I have ever found as it sums up the state of the world economy so clearly.

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