• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
World Economy To Surpass $100T For First Time In 2022 Report

World Economy To Surpass $100T For First Time In 2022: Report

4 years ago
Greece: Artefacts Retrieved From Titanic’s Sunk Sister Ship

Greece: Artefacts Retrieved From Titanic’s Sunk Sister Ship

1 hour ago
“I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

“I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

2 hours ago
‘We’re Reclaiming Stolen Land’: Self-Proclaimed African Tribe Defies Eviction In Scotland

‘We’re Reclaiming Stolen Land’: Self-Proclaimed African Tribe Defies Eviction In Scotland

3 hours ago
MWC Kigali
Nigeria: President Tinubu Signs Tax Reform Bill Into Law

Nigeria: Tinubu Lifts Emergency Rule In Rivers, Restores Fubara As Governor

4 hours ago
Ghana: President Mahama Pardons 998 Prison Inmates

Africans Tired Of Corruption, Misgovernance, Mahama Echoes At Jonathan Foundation’s Democracy Dialogue

4 hours ago
Wednesday, September 17, 2025
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    “I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

    “I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

    Nigeria: President Tinubu Signs Tax Reform Bill Into Law

    Nigeria: Tinubu Lifts Emergency Rule In Rivers, Restores Fubara As Governor

    Ghana: President Mahama Pardons 998 Prison Inmates

    Africans Tired Of Corruption, Misgovernance, Mahama Echoes At Jonathan Foundation’s Democracy Dialogue

    Malawi: Vote Counting Commences After Presidential Election

    Malawi: Vote Counting Commences After Presidential Election

    Chad: New Constitution Allows President To Contest Unlimited Times

    Chad: New Constitution Allows President To Contest Unlimited Times

    Ghana To Host Goodluck Jonathan Foundation’s Democracy Dialogue

    Ghana To Host Goodluck Jonathan Foundation’s Democracy Dialogue

    Terrorism Against Christians: US Senators Push For Nigeria’s Redesignation As ‘Country Of Particular Concern’

    Terrorism Against Christians: US Senators Push For Nigeria’s Redesignation As ‘Country Of Particular Concern’

    Malawi: Campaigns End Ahead Of Tuesday Presidential Polls

    Malawi: Campaigns End Ahead Of Tuesday Presidential Polls

    Tanzania: Electoral Body Accepts Candidacy Of Opposition Figure After Court Ruling

    Tanzania: Electoral Body Accepts Candidacy Of Opposition Figure After Court Ruling

  • Economy
    Botswana: Nigerian National Appointed As Head Of SWF

    Botswana: Nigerian National Appointed As Head Of SWF

    Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

    Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

    Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

    Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

    AfDB: Egypt To Receive $271 Agricultural Loan To Promote Food Security

    Africa’s Transition States Need $210bn Yearly To Power Transformation – AfDB

    EXPLAINER: 10 Things To Note About Nigeria’s New Tax ID Rules

    EXPLAINER: 10 Things To Note About Nigeria’s New Tax ID Rules

    Nigeria: Govt Inaugurates Committees For Civil Service Personnel Audit

    Nigeria: Govt Launches Civil Service Audit, Targets Future-Ready Workforce

    India To Inject $680 Million Into Mauritius’ Economy

    India To Inject $680 Million Into Mauritius’ Economy

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    “I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

    “I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

    Nigeria: President Tinubu Signs Tax Reform Bill Into Law

    Nigeria: Tinubu Lifts Emergency Rule In Rivers, Restores Fubara As Governor

    Ghana: President Mahama Pardons 998 Prison Inmates

    Africans Tired Of Corruption, Misgovernance, Mahama Echoes At Jonathan Foundation’s Democracy Dialogue

    Malawi: Vote Counting Commences After Presidential Election

    Malawi: Vote Counting Commences After Presidential Election

    Chad: New Constitution Allows President To Contest Unlimited Times

    Chad: New Constitution Allows President To Contest Unlimited Times

    Ghana To Host Goodluck Jonathan Foundation’s Democracy Dialogue

    Ghana To Host Goodluck Jonathan Foundation’s Democracy Dialogue

    Terrorism Against Christians: US Senators Push For Nigeria’s Redesignation As ‘Country Of Particular Concern’

    Terrorism Against Christians: US Senators Push For Nigeria’s Redesignation As ‘Country Of Particular Concern’

    Malawi: Campaigns End Ahead Of Tuesday Presidential Polls

    Malawi: Campaigns End Ahead Of Tuesday Presidential Polls

    Tanzania: Electoral Body Accepts Candidacy Of Opposition Figure After Court Ruling

    Tanzania: Electoral Body Accepts Candidacy Of Opposition Figure After Court Ruling

  • Economy
    Botswana: Nigerian National Appointed As Head Of SWF

    Botswana: Nigerian National Appointed As Head Of SWF

    Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

    Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

    Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

    Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

    AfDB: Egypt To Receive $271 Agricultural Loan To Promote Food Security

    Africa’s Transition States Need $210bn Yearly To Power Transformation – AfDB

    EXPLAINER: 10 Things To Note About Nigeria’s New Tax ID Rules

    EXPLAINER: 10 Things To Note About Nigeria’s New Tax ID Rules

    Nigeria: Govt Inaugurates Committees For Civil Service Personnel Audit

    Nigeria: Govt Launches Civil Service Audit, Targets Future-Ready Workforce

    India To Inject $680 Million Into Mauritius’ Economy

    India To Inject $680 Million Into Mauritius’ Economy

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

World Economy To Surpass $100T For First Time In 2022: Report

Global economic output will exceed $100 trillion for the first time next year. China, however, will need a bit longer to upset U.S. from the top of world’s economies.

December 30, 2021
in Economy, Top Stories, World
0
World Economy To Surpass $100T For First Time In 2022 Report
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

As the world weaves its way to emerge out of the setback incurred during the two-year-long running COVID-19 pandemic, recent data by an economic think tank has suggested that the global economy will top $100 trillion for the first time in 2022.

According to a World Economic League Table (WELT) 2022 report published by British leading economics consultancy Cebr, World GDP is set to reach the massive amount in 2022 rather than 2024, which they forecast last year.

Relatedreading

Greece: Artefacts Retrieved From Titanic’s Sunk Sister Ship

“I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

The report also noted that despite China’s steady recovery from setbacks imposed by the Covid-19 pandemic, the Asian giant might take a little longer time than previously expected time to exceed the United States as the world’s number one position.

MWC Kigali MWC Kigali MWC Kigali
ADVERTISEMENT

In other words, China would become the world’s top economy in terms of the dollar in the next 9 years – specifically 2030 – which is at least two years later than the prediction made in the previous year’s WELT Report.

The report went on to note that India looks set to overtake France next year and then Britain in 2023 to regain its place as the world’s sixth-biggest economy, Cebr said.

It also showed Germany was on track to overtake Japan in terms of economic output in 2033. Russia could become a Top 10 economy by 2036 and Indonesia looks on track for ninth place in 2034.

“The important issue for the 2020s is how the world economies cope with inflation, which has now reached 6.8% in the U.S.,” said Cebr deputy chairman Douglas McWilliams.

“We hope that a relatively modest adjustment to the tiller will bring the non-transitory elements under control. If not, then the world will need to brace itself for a recession in 2023 or 2024.”

That 6.8% figure represented the highest inflation rate in almost 40 years.

“These are frighteningly high inflation numbers, the likes of which we haven’t seen for decades,” Decision Economics Chief Global Economist and Strategist Allen Sinai told The Wall Street Journal (WSJ) earlier this month.

At the moment, inflation is being fielded by a strong economy, which is considered a positive.

“We have tremendous spending by consumers,” Sinai told WSJ. “A lot of people are getting hired. Demand is huge. Monetary policy remains very easy, and fiscal stimulus has no precedent in history.”

Inflation has helped contribute to a rise in pessimism about the economy. Forty percent of people said they had a gloomy view of the economy this fall, up from 32% in the spring.

Tags: Allen SinaiCebrDouglas McWilliamsWorld Economic League Table (WELT)
ShareTweetSend
Previous Post

Nigeria: Rich Men Who Have Access To Weapons, Hard Drugs Sponsoring Insecurity- Al-Mustapha

Next Post

COVID-19 Will End In 2022, Says WHO

Related Posts

Greece: Artefacts Retrieved From Titanic’s Sunk Sister Ship

Greece: Artefacts Retrieved From Titanic’s Sunk Sister Ship

September 17, 2025
“I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

“I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

September 17, 2025

‘We’re Reclaiming Stolen Land’: Self-Proclaimed African Tribe Defies Eviction In Scotland

Nigeria: Tinubu Lifts Emergency Rule In Rivers, Restores Fubara As Governor

Africans Tired Of Corruption, Misgovernance, Mahama Echoes At Jonathan Foundation’s Democracy Dialogue

How 50 Sudanese Migrants Burned To Death In Libya Boat Fire – IOM

Next Post
WHO Convenes Inaugural Summit On Traditional Medicine

COVID-19 Will End In 2022, Says WHO

Please login to join discussion
MWC Kigali MWC Kigali MWC Kigali
AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Greece: Artefacts Retrieved From Titanic’s Sunk Sister Ship

Greece: Artefacts Retrieved From Titanic’s Sunk Sister Ship

September 17, 2025
“I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

“I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

September 17, 2025
‘We’re Reclaiming Stolen Land’: Self-Proclaimed African Tribe Defies Eviction In Scotland

‘We’re Reclaiming Stolen Land’: Self-Proclaimed African Tribe Defies Eviction In Scotland

September 17, 2025
Nigeria: President Tinubu Signs Tax Reform Bill Into Law

Nigeria: Tinubu Lifts Emergency Rule In Rivers, Restores Fubara As Governor

September 17, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

Greece: Artefacts Retrieved From Titanic’s Sunk Sister Ship

September 17, 2025

“I Never Wanted A Third Term, It Was Mere Speculation” – Ex-Nigerian President Obasanjo

September 17, 2025

‘We’re Reclaiming Stolen Land’: Self-Proclaimed African Tribe Defies Eviction In Scotland

September 17, 2025

Nigeria: Tinubu Lifts Emergency Rule In Rivers, Restores Fubara As Governor

September 17, 2025

Africans Tired Of Corruption, Misgovernance, Mahama Echoes At Jonathan Foundation’s Democracy Dialogue

September 17, 2025

How 50 Sudanese Migrants Burned To Death In Libya Boat Fire – IOM

September 17, 2025

Royal Pomp As Trump Arrives UK In Second Visit

September 17, 2025

Global Warming: Human Activities Responsible For Two-Thirds Heat-Related Deaths In Europe

September 17, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In