China largest contributor to GDP growth
So sayeth the IMF, in current dollar terms. This is the table I have derived from their data showing increase in GDP this year in current US dollars. I have updated it in line with their new growth forecasts, that China is still in 2nd is presumably because I haven't taken into account exchange rate movements (small, but there, in the case of the Yuan). Note our own proud nation in third place, enjoying semi-robust growth, high inflation, and a strong (and this doesn't take into account the 2.05) exchange rate. [Oh, look, it's hmtl table with the world's biggest header - I have no idea why]
| GDP | $bn |
| United States | 498 |
| China | 458 |
| United Kingdom | 287 |
| Germany | 205 |
| Russia | 188 |
| France | 175 |
| Italy | 141 |
| Spain | 135 |
| Brazil | 110 |
| India | 97 |
| Others | 1,118 |
Labels: economics, GDP