Main menu For students For teachers Explore our subjects Student events & courses

Teaching Economics

In the News

The World in Economic Transition

Geoff Riley

10th July 2017

Share this content:

Here is a clear infographic showing the changing balance of world GDP between different groups of countries.

Adjusted for purchasing power parity, the EU's share of world output has declined from 25% in 1995 to 17% in 2015 whereas the share of the BRICs nations has grown from 18% to 31% over the same period.

Share this content:

Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.