Story perspectives

US GDP Share Stabilizes, Boosts South Korean Exports

9/22/2025

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Summary

Story summary

The US share of world GDP decreased from 50% after World War II to 23% in 2010, then increased to 26% in 2023.
This trend indicates the US may maintain at least 25% of global GDP due to aging competitors.
The US economy remains vital for South Korea's exports, which constituted 44% of its GDP in 2023.
In 2023, the US became South Korea's largest export market, overtaking China.
US household consumption reached $19.8 trillion in 2024, compared to South Korea's $840 billion.

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Story summary

The US share of world GDP decreased from 50% after World War II to 23% in 2010, then increased to 26% in 2023.
This trend indicates the US may maintain at least 25% of global GDP due to aging competitors.
The US economy remains vital for South Korea's exports, which constituted 44% of its GDP in 2023.
In 2023, the US became South Korea's largest export market, overtaking China.
US household consumption reached $19.8 trillion in 2024, compared to South Korea's $840 billion.