World GDP Growth Rate: Economic Recession is Local, Globally a Slowdown

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A new GDP growth and finance report has been launched by specialist Jan Erik Horgen. It covers GDP growth over the last 2,000 years and highlights that it is as strong as it’s ever been.

A new report has been launched by Jan Erik Horgen, called “Why Worry?” and focusing on GDP growth as a counterweight to media negativity on the subject. The report highlights world GDP development over the last 2,000 years, and emphasizes that the growth rate has been increasing steadily.

More information can be found at: https://linkedin.com/pulse/why-worry-jan-erik-horgen

Jan Erik Horgen is a Wharton-educated specialist in finance, with an MBA in Finance. He is a Certified European Financial Analyst, and works as a trusted advisor to national governments, municipalities, companies, and others clients.

In addition to this, he is a bestselling author, business owner, and lead generation specialist for clients in a range of niches.

He wrote and launched the new GDP report after seeing an infographic from howmuch.net covering the world’s economic history. It charted the world’s GDP by year and highlighted major economic events.

However, one of the problems with the original graphic was that it did not use a log scale. This meant that it wasn’t possible to get an accurate picture of growth rates.

As a result of this, he adapted the chart to create a log scale graph, which provided a new long term view. Contrasting the dire warnings often featured in the media, it showed a more positive outlook for the world’s financial future.

The report states: “While it took us roughly 1870 years from year 1 to increase global GDP by 10 times, it only took 200 years, from 1820 until today, to increase global GDP from the 1820-level by 100 times! Simply put, the economy is growing 10 times faster in just the last 200 years than it did in all the 1800 years before.”

Despite challenging periods between the end of World War 2 and today, GDP growth appears on the chart to remain steady. The underlying growth rate is as high as it’s ever been, emphasizing that it’s more robust than many are making it out to be.

Full details can be found on the URL above, and interested parties can engage with Jan Erik Horgen on LinkedIn at: https://linkedin.com/in/janerik

Contact Info:
Name: Jan Erik Horgen
Email: Send Email
Organization: Horgen Consulting AS
Address: Kvartsveien 10, Hakadal, Akershus 1487, Norway

Source: PressCable

Release ID: 88933380