{"id":1475748,"date":"2024-07-07T11:35:00","date_gmt":"2024-07-07T15:35:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1475748"},"modified":"2024-07-07T11:35:00","modified_gmt":"2024-07-07T15:35:00","slug":"how-much-does-the-shanghai-cooperation-organization-contribute-to-the-worlds-gdp","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/how-much-does-the-shanghai-cooperation-organization-contribute-to-the-worlds-gdp\/1475748\/","title":{"rendered":"How Much Does The Shanghai Cooperation Organization Contribute To The World&#8217;s GDP?"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">How Much Does The Shanghai Cooperation Organization Contribute To The World&#8217;s GDP?<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p><strong>In 2023, Belarus had a population of 9.5 million and a GDP of 71.8 billion in current U.S. dollars, <\/strong>according to estimates by the\u00a0<a href=\"https:\/\/www.census.gov\/popclock\/world\/bo\">U.S. Census Bureau<\/a>\u00a0and the\u00a0<a href=\"https:\/\/www.imf.org\/en\/Publications\/WEO\/weo-database\/2024\/April\/weo-report?c=913,&amp;s=NGDPD,&amp;sy=2022&amp;ey=2029&amp;ssm=0&amp;scsm=1&amp;scc=0&amp;ssd=1&amp;ssc=0&amp;sic=0&amp;sort=country&amp;ds=.&amp;br=1\">International Monetary Fund<\/a>.<\/p>\n<p><a href=\"https:\/\/www.statista.com\/chart\/32538\/comparison-of-the-shanghai-cooperation-organization-with-selected-regional-international-organizations\/\">As Statista&#8217;s Florian Zandt shows in the chart below,<\/a> based on data from the aforementioned sources, <a href=\"https:\/\/ec.europa.eu\/eurostat\/statistics-explained\/index.php?title=Population_and_population_change_statistics\">Eurostat<\/a>\u00a0and the\u00a0<a href=\"https:\/\/data.worldbank.org\/indicator\/NY.GDP.MKTP.CD?most_recent_value_desc=true&amp;skipRedirection=true\">World Bank<\/a>\u00a0shows, its accession to the Shanghai Cooperation Organization (SCO) led by\u00a0<a href=\"https:\/\/www.statista.com\/topics\/1393\/bric-countries\/\">China and Russia<\/a>\u00a0might help the organization close its ranks in a geopolitical sense. Its monetary contribution, however, is rather minimal in comparison.<\/p>\n<p><a href=\"https:\/\/www.statista.com\/chart\/32538\/comparison-of-the-shanghai-cooperation-organization-with-selected-regional-international-organizations\/\" title=\"Infographic: How Much Does The Shanghai Cooperation Organization Contribute to the World's GDP? | Statista\"><\/a><\/p>\n<p><em>You will find more infographics at <a href=\"https:\/\/www.statista.com\/chartoftheday\/\">Statista<\/a><\/em><\/p>\n<p><strong>Overall, the ten member states of the SCO, which apart from China, Russia and Belarus are\u00a0<a href=\"https:\/\/www.statista.com\/topics\/754\/india\/\">India<\/a>, Pakistan, Tajikistan, Uzbekistan, Kyrgyzstan, Kazakhstan and Iran, had a combined estimated GDP of $24.4 trillion in 2023, roughly $6 trillion more than the European Union. <\/strong><\/p>\n<p>The G7 states of Japan, Germany, France, Italy, the United States, Canada and the United Kingdom contributed $46.8 trillion to the\u00a0<a href=\"https:\/\/www.statista.com\/topics\/7747\/gross-domestic-product-gdp-worldwide\/\">global GDP<\/a>\u00a0of $104.8 trillion, which equals 45 percent of the world&#8217;s total.<\/p>\n<p><strong>Broadening the scope to G20, the share of this group of countries in the global GDP rises to 78 percent, <\/strong>largely because of the inclusion of China, which had an estimated GDP of $17.8 trillion in current prices, rivaled only by the United States with a GDP of $27.4 trillion.<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Sun, 07\/07\/2024 &#8211; 07:35<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/geopolitical\/how-much-does-shanghai-cooperation-organization-contribute-worlds-gdp\" target=\"_blank\" class=\"\" rel=\"noopener\">https:\/\/www.zerohedge.com\/geopolitical\/how-much-does-shanghai-cooperation-organization-contribute-worlds-gdp<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How Much Does The Shanghai Cooperation Organization Contribute To The World&#8217;s GDP? In 2023, Belarus had a population of 9.5 million and a GDP of&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1475749,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-1475748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pbimBl-6bUo","jetpack_featured_media_url":"https:\/\/bugaluu.com\/news\/wp-content\/uploads\/sites\/3\/2024\/07\/32538-9VRSMR.jpeg","_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1475748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1475748"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1475748\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1475749"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1475748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1475748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1475748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}