In 1990, the gross domestic product of the United States represented 25% of the world total. Despite the rise of China, the United States still accounts for 25% of the world's economic output.
Compared to its G7 counterparts, a group that includes Japan and Germany, the U. S. share is growing. Adjusted for purchasing power, the U. S. accounts for 51 percent of G7 GDP, up from 43 percent in 1990.
U. S. income per capita was 24% higher than Western Europe's in 1990. Today it is 30% higher.
Between 1990 and 2022, labor productivity (output per hour worked) increased by 67% in the U. S., 55% in #Europe, and 51% in Japan.
U. S. spending on research and development has increased over the past decade to 3.5% of GDP, well ahead of most other countries.
America spends 37% more on education per student than the other 23 wealthy #OECD countries, and 34% of Americans have completed higher education, a proportion exceeded only by Singapore

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