The given bar graph illustrates the average annual Gross Domestic Product (GDP) growth between wealthy countries, globalisers, and non-globalisers over a 30 years period from the 1960s to the 1990s.
Overall, it can be seen that rich countries show a downward trend, globalisers show an upward trend, swhile non-globalisers fluctuated in the average annual of GDP. Although rich countries had the highest GDP in the first decade, it had been overtake by globalisers by the end of the decade.
In the 1960s, rich countries and globalisers stood at around 4.7% and 1.5%, respectively. From this point onwards, developed countries decreased significantly to less than 3% in the next 10 years, before it continued to drop, reaching its lowest point at 2% in the 1990s. Conversely, globalisers experienced a positive trend, rising to more than 3% in the 1980s, the figure then rose dramatically to nearly 5% and reached its peak in the 1990s.
Additionally, non-globalisers started at around 2.4% in the 1960s, before it experienced a moderate growth to slightly above 3% in the 1970s. However, the figure then dropped dramatically to less than 1%, which mark its lowest point in the next 10 years. Finally, non-globalisers had a slight increase to roughly 1.5% in the 1990s
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