Oh, that well known authority AI!
This morning doing the newspaper crossword we asked Dr Google for ‘types of tea ending in the letter D’ and AI spit back Darjeeling. Then, restricted to four letters, something called ‘dust tea’ (which turns out to be a thing). (The answer was ‘iced’)
To the point:
These numbers are not consistent with your earlier post that I first quoted. If the EU economy grew on average around 1% per annum for 15 years, the overall growth is indeed around 13.5% as government and NGO sources claim.
A total growth of 20% over that time, which you now quote, works out to an average annual growth rate of just under 1.23%. HTH.
So EU’s average annual growth rate, including poor countries: a bit over 1%
America’s average annual growth rate: 1.23%
Comparing apples to apples makes all the difference