Yes, it is. If you believe the, then it’s a winner by a significant margin – more than $1.5 trillion.
Granted, the comparison uses Purchasing Power Parity (PPP) to make this claim. But you know… apples to apples, right?
Officially, this event occurred sometime in early 2014 after a condensed exponential economic expansion at a scale previously unseen in human history.
Here is what that looks like:
The current league table (in trillions of USD) based on 2015 estimates of GDP (PPP), as prepared by the US, is:
- China $19.51
- EU $19.18
- US $17.97
- India $8.027
- Japan $4.658