U.S. Share of World Economic Growth: Implications for U.S. Trade Policy
Between 1980 and 1985, the U.S. accounted for 24.6% of world economic growth. Since then, 2 distinct periods emerge, with the millennium being the break point. Until 2000, U.S. share fluctuated around a very slight downtrend. U.S. share of world economic growth was still 24.1% from 1995 to 2000. Since 2000, U.S. share has dropped at an annual rate of around -0.7 percentage point per year. U.S. share was 12.6% of world growth between 2012 and 2017. [node:read-more:link]