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Illya Gerasymchuk
Entrepreneur / Engineer
User Illya Gerasymchuk -

2025-04-26 15:02

Many boast about US's higher GDP than EU without looking at the bigger picture

US/EU balance:
πŸ‡ΊπŸ‡Έ is a net importer from the πŸ‡ͺπŸ‡Ί

World:
πŸ‡ͺπŸ‡Ί: Net exporter
πŸ‡ΊπŸ‡Έ: Net importer

Debt to GDP:
πŸ‡ͺπŸ‡Ί: 81%
πŸ‡ΊπŸ‡Έ: 123%

Exports as % of GDP:
πŸ‡ͺπŸ‡Ί: 52%
πŸ‡ΊπŸ‡Έ : 11%

πŸ‘‰ You must always contextualize GDP πŸ‘ˆ

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πŸ’¬