common China W.
Edited title to reflect the meaning of the source, Indonesia in 2023 is under both Germany and Russia, the rest remain in order.
common China W.
Edited title to reflect the meaning of the source, Indonesia in 2023 is under both Germany and Russia, the rest remain in order.
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Almost as if this separation of Eurasia is artificial and arbitrary!
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Most likely both Russia and Europe have gone down, and covid likely slowed progress of some of the others a bit. It may end up to be similar to how it was in 2020
It seems they based it on a GDP PPP table and growth rates expected for 2019, extrapolating them to 2024 (2019, 2020, 2021, 2022, 2023 years)
2022 GDP PPP numbers: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)
2023 GDP PPP by IMF and estimations up to 2028: https://www.imf.org/external/datamapper/PPPGDP@WEO/OEMDC/ADVEC/WEOWORLD
It seems compared to their estimations China fell a bit shorter than expected (covid), US did much better than expected (expectations were low), India didnt grow as much as expected (huge expectations).
Japan did better than expected (expectations were low), Germany and Russia did better than expected, Indonesia had too big expectations.
And Brazil, UK and France did all better than expected.