The pre-pandemic global economy was close to $88 trillion
The different region’s economic situations vary around the world depending on the level of development, the stimulus packages made available, the country’s efforts to contain it, and the industry types. The impact was felt hardest on low-income households and threaten to unravel thirty years of progress to curtail extreme poverty. Recovery could take a more extended period than first thought by global economists. Many of the largest economies are in a recession.
If you and your family are looking for a better life experience, consider relocating to the United States. ABD Göç Hizmetleri has a team of immigration experts who will walk you through the process. Contact them today to begin the path to a new life.
According to a report from the World Bank data for Gross Domestic Product, only 16 economies had a GDP larger than $1 trillion in 2019. The United States was by far the largest economy with more than $21 trillion in GDP.
The US made up close to 25 percent of the worldwide total of $88 trillion. China had the second-highest GDP standing at $14 trillion, and Japan came in third place with a GDP of a little over $5 trillion. Germany had a GDP of 2.83 trillion. Africa is the smallest area represented, with Nigeria, South Africa, and Egypt combined making up $1.1 trillion of the worldwide GDP.
There are many opportunities available for you and your family in the United States. ABD Göç Hizmetleri will walk you through the steps for immigration. They understand the difficulties of the process and will help you navigate successfully to a brighter future.