| steven787 said: Add up (on the IMF side) USA+Mexico+Canada and see if it is greater than or less than the EU+Russia. Add up World Bank's USA+Mexico+Canada v. England+France+Germany+Russia+Spain+Portugal+....GDP of NORTH AMERICA is greater than Europe or Asia. |
That was true in the past, but things have changed. Today Canada has a GDP of 908 million EUR, Mexico has a GDP of only 618 million EUR, the US has a GDP of 10.4 trillion EUR -- total: 11.9 trillion EUR. The EU-27 plus Switzerland and Norway have a GDP of 11.7 trillion EUR. Add in Russia and Turkey, which trade mostly with Europe and are as closely tied to its markets as MExico is to the US, and European GDP easily tops 13 trillion EUR. East Asia (Japan, China, Korea, Taiwan, SE Asia etc.) has a GDP of around 8 trillion EUR, which isn't too shabby. This is all data from Eurostat, at 1 EUR = 1.2 US$.
More importantly, the less wealthy regions of Europe and Asia are growing like mad. So short term (5 years), Europe is likely to become the largest game market of the world; longer term (10 years), Asia will probably become the largest.
