I think the US is one-quarter of the world's total product. If that is the case then the answer would be somewhere in the $48 trillion range. Do you agree?
2006-12-24 04:59:38 · 2 answers · asked by giorgio 1 in Social Science ➔ Economics
Yes, US is roughly 1/4th of the total, however the US is up to about $13.3 trillion now -- take 4 times that.
2006-12-24 05:27:24 · answer #1 · answered by KevinStud99 6 · 0⤊ 0⤋
Its estimated to be : GWP (gross world product): $60.63 trillion (2005 est.)
GDP (official exchange rate): $43.07 trillion (2005 est.)
Interestingly as the dollar has devalued by 10% since then, it will be proportionately higher in other currencies (($43.07- $12.49 trillion (2005 est.)/10 = $3.06Trillion in dollar terms)
So in 2006 it will be about $46.13 Trillion at offical exchange rates..
2006-12-24 06:14:11 · answer #2 · answered by deepthroat 3 · 0⤊ 0⤋