U.S. Latinos Rocket To 5th Largest GDP In World With $2.8 Trillion Output
View Source | September 23, 2022 9:11 am
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- If Hispanic Americans were congregated as an independent nation-state, their GDP would rank fifth in the world, a stunning amount that is more than the gross domestic product of France, India and even the United Kingdom, according to a report Thursday.
- The report, published by the Latino Donor Collaborative in conjunction with Wells Fargo reports that the Hispanic American economic output during the pandemic in 2020 was $2.8 trillion, a boost of $2.1 trillion from 2015 and $1.7 trillion in 2010. The LDC is a nonprofit, nonpartisan group aiming to reshape perceptions of Hispanic Americans through data and research.
- It has featured speakers on the both the left and right ranging from everyone such as Democratic Sen. Bob Menendez and Rep. Julian Castro to Rupert Murdoch, the CEO of News Corporation and business leaders such as Steve Forbes.
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