If a Picture is Worth 1,000 Words, a Chart is Worth…

“The times, they are a changing” sang Bob Dylan. And so is the geography of world business as evidenced by the following comparison between the world circa 2000 and today prepared by the International Monetary Fund:

Global GDP Share in 2000

Geography

Global GDP Share in 2010

31%

United States

24%

15%

Japan

9%

4%

China

9%

8%

Other Asia

8%

26%

European Union

26%

2%

Middle East

4%

7%

Latin America

7%

8%

Others

13%

No real surprises as China is now the world’s second largest economy, surpassing Japan.