I recently updated some economic stats I keep handy, and thought Locker Room readers might enjoy a quick snapshot of the components of the world economy.
I should say right off the bat that the relative percentages haven?t changed much from the mid-2000s through the current recession.
Three regions ? the United States, the continental European Union, and East Asia ? each account for about one-fifth of the world?s economic output. The US and EU are self-explanatory. For this purpose, East Asia comprises China, Japan, Taiwan, South Korea, and Hong Kong.
Add in the Anglosphere ? the United Kingdom, Canada, Australia, and New Zealand ? and you?ve accounted for two-thirds of the world?s economy.
Here are the remaining economic regions and their shares of global production:
8 percent ? Brazil, Mexico and non-OPEC Latin America
6 percent ? India and the rest of South Asia
4 percent ? Russia and its satellites
4 percent ? Indonesia and the rest of Southeast Asia
4 percent ? OPEC
7 percent ? Everywhere else
