World GDP (1-2050)

In: Global Economy History

19 Mar 2012

I’ve posted charts based on Maddison’s GDP dataset before, but here’s a new one that tacks on IMF projections. Obviously, the timeline scale isn’t linear and thus distorts things a bit, but the broad point is the same.image

5 Responses to World GDP (1-2050)

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PTW

March 20th, 2012 at 05:19

I do not understand what this chart is trying to say? Can someone please explain in layman’s terms? Thank you.

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sage2123

March 20th, 2012 at 07:35

Not really that tough to understand. The creator of this took the largest 9 economies and charted them out over 2,000+ years.

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jc

March 20th, 2012 at 08:19

Very interesting chart. I’m dubious about the ability to accurately measure economic activity in vastly different environments 2000 years ago and even the ability to make accurate 40 projections. Will China grow like South Korea or like North Korea the next 40 years?

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Frank

March 20th, 2012 at 14:28

Where is the graph? The link does not lead to the graph you show…

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Dustin

March 20th, 2012 at 17:53

Frank – did you click on the picture itself? That takes you straight there.

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Aram Korevaar

April 5th, 2022 at 09:47

This chart is now being used as a projection in which countries such as China see themselves as in a race for (Economic) worldpower. But in a time before 1700 – when there was no United States – it hardly the time one could speak of China as a world ‘dominator’.

In the time of exploration of the East, most parts of the East were very far away and closed for foreigners. The Silk Road was a fair part of worldly economic business, but that was also before the birth of the Dollar – around 1800 1 Dollar was around 22 Dollar nowadays.

In order to truly show the size of economics of the world throughout history, you have to shrink the graphic in the beginning of it’s course.

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