The History of GDP Per Capita by Country (1960-2021)
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- เผยแพร่เมื่อ 2 ต.ค. 2024
- The video shows the timelapse of world GDP from 1960 to 2021. Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a certain period. As such, it also measures the income earned from that production, or the total amount spent on final goods and services (less imports). GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
Note: the data for the Soviet Union and Yugoslavia are estimates only since there is no reported data from these former nations.
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Source:
World Bank & IMF
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![Top 30 European economies in 2030 [GDP nominal]](/img/n.gif)
As an Indian, Appreciate the growth of China, It was Behind India during 1990s but now ahead in terms of GDP per capita 👍👍👍
6 times
Accepted. But not
All thanks to indian "democracy" system
That is due to much more efficient government with long term plans,some other contries has similar experience like Korea which used to controlled by the millitary man for 10s years. But the secret of the world is that , the developed coutries are ahead of other contries 200 years ago. Nothing do with the so called freedom and democrocy, just check what thoes contries do 200 years ago, and you will know why they get rich.
@@kakaxifx4913
Bro Indian government is focusing on Indias growth
But the problem is only Indians know foreigners don't know
Yes, per capita is much more interesting.
Cause it’s the only thing western countries can’t be surpassed... but it is as pointless as the total gdp, the important thing is how money is distributed
@@nicolocarpanzano2327 GDP per capita explains the money distribution...
They serve a different purpose.. Total GDP = How rich a COUNTRY is // GDP per capita = How rich the PEOPLE in a country are.
Example: Swiss people are richer than Chinese people, HOWEVER, China is richer than Switzerland.
One shows how well the money is distributed within a country and the other how much money a country can afford to spend.
@@tuabuelaentanga8454 no it’s simply gdp/number of people. You can have 10 pepole: 9 with 0$ and 1 with 100$, the gdp per capita is 10. Same thing if you ave 10 people with 10$ each.
@@titus_philemon yep but you can have few people with a huge amount of money anda many people with nothing
It's hard to tell from this video, but in reality, Japan's per capita GDP hasn't changed much over the last three decades.
確かに
Ну так они в потолок уперлись в потолок и дальше никак
可惜
잃어버린 30년
@@익명-o6q Exactly
From one sixth the world average in 1960 to beating it in 2021, good job China!
Ye s loOK India 2021
So your country wants to realize “ common prosperity “?🤣
@@jacktam7673 what is so funny about that? Why not give it a try?
@@nathanlin2263 because it’s just like turning water into oil. It’s delusional and daydreaming thoughts.
@@jacktam7673 this is communism and this is what CCP is doing now.
In the 1990s, China was poorer than most African countries. The short span of more than 20 years has changed everything. In the next few years, it may reach 20000 GDP per capita
I remember when I was 7(2004）, my teacher earned 400rmb a month. it's only 50 dollars per month.
China had lower GDP per capita than most African countries in 1990s, most because China devalued its currency a lot for exporting benefits, and China definitely had better infrastructure than those countries in that periods.
@@coryplum5375Most because Chinese people's hard work and patience.
I bet China will be Superpower at 2022 Dec 22 7:13pm UTC 💪
Amazing what you can do if you really don't care about the environment and the government really doesn't care what you think.
China per gdp arrived 12500 dollars,It is only 1 billions people more than china in 7.9 billions of world people,It is great achievement
Sorry Joe but Chine GDP per people is not 12.500 US Dollars per person
@@byan8257 You bliend
@@byan8257 Are you blind ??
@@byan8257 yeap you are right, it's 12551 in the end not 12500.
It’s really not that surprising. It will start to slump again this decade. I’m expecting to see a decent rally in India tho.
In 2006, Bangladesh GDP per capita was 510 dollars.
India GDP per capita was 807 dollars.
Pakistan GDP per capital was 837 dollars.
India and Pakistan GDP per capita were higher than Bangladesh GDP per capita.
In 2021-2022, Bangladesh GDP per capita is 2591 dollars
India GDP per capita is 2191 dollars
Pakistan GDP per capita is 1543 dollars
Now, Bangladesh GDP per capita is higher than India and Pakistan GDP per capita.
Good job Bangladesh!
Edit:- Im saying about GDP nominal per capita, not GDP per capita PPP.
Nice good job huh
@@blizardgamer676 As an Indian its not good for us but happy for Bangladesh, they have faced a lot in the history. We got independence in 1947 and they got in 1971. They catched up very well and yes I know India is going to grow very rapidly but we really want Bangladesh to grow equally. Lets compete Bangladesh, we both have a very bright future and probably we can change the image and fate of South Asia.
China And India Will Rise Again In Future 😂 No One Can Stop Them
Measure PPP per capita
Lol 2550 gdp per capita is not a big deal you are still considered poor . Look how European countries are doing
As Chinese I hope India all the best in the future. May we have peace in both countries!
印度如果能成为我们的消费市场，其实挺好的，毕竟14亿人。
@@nacy8563 Very soon you are gonna lose your market🤣
I want the same
@@travelmanicsandy3925 In 2021, India's imports from China also increased by 28% from US $68.4 billion in 2019 to US $87.5 billion.
Since then, in 2021, the total foreign trade between India and China has reached 110.4 billion US dollars, and the (trade) deficit with China has increased from 51.2 billion US dollars in 2019 to 64.6 billion US dollars.
@@nacy8563 plz d9nt think about business think about peace
2008: Siria and Libia dark green
2021: Siria and Libia yellow :(
I feel you
I'm from LATAM :c
becuase of conflict and dictators that mismanaged them. Sad to a country go down that road.
I bet China will be Superpower at 2022 Dec 22 7:13pm UTC 💪
Pero si casi toda América hispana esta en verde.
@中国历史 China no 1中國 🇨🇳👍🔥
Argentina pretty much remained stagnant for much of the 20th century. It's really bizarre how a country manages to remain in a vicious cycle of decline without any action to stem the loss and finally take off and grow. Such a shame that the country never reached its potential and destiny of becoming a world power. Other Latin American countries have now caught up and even surprassed it. Peru is right there, and Chile and Panama have even surpassed it.
@NAME Bullshit. Your a ccp agent or something.
Argentinas problem was that there was no moderate and stable government for a long time. It has nothing to do with Us.
And Yes, good to keeping china a middle income country. A powerful china is bad for the world.
@NAME It's always someone else's fault. It still doesn't explain how other Latin American countries managed to catch up and even surpass Argentina.
@@basedchad6035 lol, hes a chinese aggent for speakong historical truth about argentina?
Lol, another brainwashed yankee
@NAME tienes razón name , en este país la izquierda solamente quiere ganar la presidencia para quedarse en el poder , no mejorar el país, la derecha está más empeñada en caerle bien a los EEUU como un simple sirviente , es más este país no tenía deuda hasta hace el 2016-2018 un gobierno opositor a la eterna e inútil izquierda y aún mas corrupta.
@@KillerChair1 so explain why every single country in South America has been interfered with by the US army at least once? They literally bombed presidential palaces siding with coups. They have been banned by the United Nation because they were too invasive.
Indian political parties were busy in contesting elections literally every year...whereas Chinese Gdp grew at unrealistic speed
GDP growth of India is good from 2003
Chinas GDP growth is good from 1985
@Amit Ingulkar Deshmukh 😂😂 you can close your eyes but you need to understand India is sick..
Indian government was sleeping till 1990s..
Literacy rate in India is 76%, IQ 83
Infrastructure: nill as compared to China..
Trade 1/10th of China... Exports of India are equal to Vietnam..
Lack of transport, Lack of Skilled labours in country of 1.4billion people...
Health care budget is not even comparable to China... When they had 3$ trillion economy..
BJP have made people believe to that Hindus are in Danger 😂😂
That funny to see that region like Tibet and Xin jiang have Bullet trains but in India even Maharashtra and UP have one😂
India have no hope to be next China in today's scenario... Bangladesh and Vietnam have more potential to support Businesses as compared to India
@@mrrandom347 Good?? Compare growth rate of India of today and China when they had 3$ trillion economy
@@stilxfound3813 Ya fairly true
@@mrrandom347 no china 2001
Saddest thing here is to see Libya move from green to yellow, and Syria from green to red in the space of ten years. The concept of freedom is sometimes a mirage. What are you fighting for freedom for, if it isn't to enjoy a higher standard of living?
Thats what happens when america kicks down your door to spread Freedom(tm)
😭😢
Bro check iraq in 1991 from dark green to dark red in 1 year
I found an interesting fact that is sensitive to numbers. Note that India was 1/6 of the world average in 1960 and 1/6 of the world average in 2021. Sixty years later, India has stagnated. But China was also 1/6 of the world average in 1960, and now it is equivalent to the world average. The United States is now about 6 times that of China, that is, an average United States is equal to 36 India. It's terrible. If I were an Indian, I would find problems as soon as possible, learn skills and leave India for development.
Unfortunately that's not what's happening in India rn. Instead the government focuses only on giving agenda for their parties
Thats exactly what people with brain like Sundar Pichai, Indrana Noori, Satyam Nadela etc did. and guess what, Indians are still taking credit for them booting the country. What a bunch of losers!
You gotta understand that development happens there where there isn’t development yet. India will likely be similar to China the next booming economy in the next 30 years with a relatively stable government. China meanwhile is slowing down. If you’re Indian and you want better living standards then go somewhere else, if you want to ride that development wave I’d stay. Just because India hasn’t developed much especially compared to the rest of the world in the last 80 years doesn’t mean it won’t in the future.
It's doesn't mean stagnated. It just means India developed at the same pace as most countries in the world while China developed faster than most countries in the world. You're commenting as if India didn't develop at all after 1960.
Basically what every sane person (including me) is trying to do.
1:16 i'm surprised to see how iraq's gdp per capita went from being richer than saudi arabia to rock bottom after the gulf war
The Saddam effect
Why you just talk about Iraq and not syria smh...Syria use to be really good even in modern history
Thanks to American democracy
@@mujtabarashid3847 The United Sanctions of America effect
@Анастасия Борисова what are you talking about, saddam invaded kuwait and was subsequently kicked out by an international coalition. It is entirely saddam's fault.
Nominal GDP is flawed. It's influenced by currency, which opens to speculation.
US per capita is above $70,000 because of petrodollar status and the debt it accumulated.
EU members per capita seem high because it's lifted by the value of euro.
Northeast Asia per capita is relatively low because of high savings rate.
In short, nominal GDP is a speculative value.
The pound is much more valuable than the dollar yet it has little to no effect.
The pound is much more valuable than the dollar yet it has little to no effect.
I agree GDP per capita depends on the value of money qatar and the USA have similar GDP per capita but qatari people receive $600000 a year as a basic income and medical and education are all free
Much higher quality of life than the average american
And if raise the minimum wage GDP per capita goes up I hate this
Thats because per capita GDP goes up, but prices go up even more The progressive president of korea is an fool
@@start3215 This is one of the most stupid comments I think i have ever seen 😂, There’s thousands of other statistics that disagree, Median disposable income per capita is just one, there’s also more household wealth, 10% of American adults are millionaires, we don’t live in commie blocks either we live in the second biggest houses in the world, much more job opportunities, best universities, higher quality education, higher salaries. I can go on and on.
Purple: super rich country that only exist in northern and Western Europe
Dark blue: Western Europe, USA and Canada plus some countries with oil
Blue: developed nations
Dark green: above world average, rich countries
Green: below world average, developing countries
Yellow and below: poor nations mostly in Africa and central, South Asia
Wow that’s crazy
Nah not accurate
You call Kazakhstan, Chile, and Bulgaria rich countries?
@@ThisCapybara relatively speaking
@@ThisCapybara they are rich
0:50 For a moment, Gabon had a higher GDP per Capita than Taiwan, South Korea or Portugal
Wow
Yeah, because nominal GDP (per capita) is completely useless. If you have an overvalued currency, your nominal GDP (per capita) will be way higher than it should be. The only one that matters is GDP PPP per capita.
Yes because Chiang Kai-shek, the man who made Taiwan a Tiger of Asia, died, and the CIA murdered Chung Hee Park, the man who made South Korea an economic powerhouse, and of course Marxists destroyed the Estado Novo of Portugal to ruin the tremendous success of Salazar.
@@D_Socha Both are important. Both are showing different part of whole picture. You can’t just decide that one is what matters and the other one doesn’t.
When someone creates valuable industry (lets say software development) people in that industry tend to have more money, that usually inflates prices for rest of local economy. Since they have more money they can outbid others and buy local houses, which makes prices of those houses higher. To be able to afford them other jobs demand raises as well, so everything becomes more expensive.
That’s why GDP per capita PPP is important, because cook, barber or mechanic do the exact same work as cook, barber or mechanic from poorer country. So from that point of view with less money you can still get same life.
But there is still that valuable industry (usually multiple of them) that is putting more revenue into that economy. So that economy is in fact richer. They can buy more stuff in terms of import. It’s not like some country just happens to overvalue their currency (usually when they do, they can’t keep it up long before it falls).
Disregarding nominal GDP per capita takes away this insight.
And Russia, China, India, Pakistan, all of South America, all of Africa (excluding Gabon) and lots of other places
Singapore went from $500 in 1960 to $60,000 now
I think Singapore is higher than that. Ireland also changed dramatically from the 1960s to now becoming third or second in the world in gdp per capita
@@precision2190 it changes every year
Sometimes it can go as low as $45k and sometimes as high as $100k
Much thanks to Mr. Lee Kuan Yew! A visionary leader that does not come around often. You Singaporeans are so lucky for having him!
@@az0989ejdje “as low as 45k” those words show you have it good.
@@UnstoppableEmpire lol
For the people who doesn't understand the difference between GDP x GDP per capita,
Total GDP = How rich a COUNTRY is.
GDP per capita = How rich the PEOPLE in a country are.
Example: Swiss people are richer than Chinese people. HOWEVER, China is richer than Switzerland.
One shows how well the money is distributed within a country and the other how much money a country can afford to spend. Different measurements for different purposes.
Another example:
- Chile have a higher GDP per capita than Brazil, therefore Chileans can afford more vacations, buy larger houses & work less hours than Brazilians.
- Brazil have a larger total GDP than Chile, therefore Brazil can stay at war for much longer, afford more social programs and host larger events than Chile.
@@titus_philemon china has bigger population than Switzerland if Switzerland population is like china than Switzerland will be 100 time richer than china
@@mohamedbinrahidkhankhaledb4066 not necessarily. It’s not easy to make 1.4 billion people that rich.
@@mohamedbinrahidkhankhaledb4066 Right... But is not. So China is richer!! Population is also a resource... If Switzerland couldn't get their population up, that's Switzerland's fault.
Plus, 1 rich person divided by a country of 3 million people would make everybody look rich (as in reality, is just 1 person). But a country of 213 million would need SEVERAL rich man to even make a dent.
@@titus_philemon It costs $20 for a haircut in Swiss while only cost $3 in Thailand. GDP = Goods + services + government spending + net trade. True GDP should be Goods + net trade only. A country also can run government spending deficit for higher GDP but that is fake GDP. US ran $8 trillion government spending deficit in 2019. Subtract that and the US GDP would drop by 33%.
When countries like Estonia and Lithuania went into the blue I felt weirdly patriotic
I'm glad you have some money
Happy for you brothers. You are doing great
Very small countries btw my respect for your growing economy
Bangladesh gdp per capita : 1978$
India gdp per capita: 1900$
Really happy for Bangladesh.
Happy about what? That you're not very very very poor, but very very poor?
@@eeddie25 I don't think he is Bangladeshi
The fact that China’s growth made UN's GDP per capita grow faster is fascinating
hope it's the same with india🙏
China made everything cheaper so other poor country have a chance to grow instead of being stuck
Wishing the Below countries a very very good luck :
🇩🇿🇮🇳🇮🇶🇮🇷🇲🇾🇲🇻🇳🇵🇹🇷🇻🇳🇺🇿🇰🇷🇮🇩🇧🇷🇦🇷🇨🇩🇳🇬🇸🇴🇵🇭🇹🇳🇹🇭🇲🇽
From 🇧🇩
Saludos desde argentina
What about Trinidad🇹🇹😔 my small island is sad and suffering in the Caribbean
@@myyoutubechannel9137 love to Trinidad, you people are humorist and having a beautiful country , specially love for DJ bravo,Narine,Pollard and all the Caribbean cricketers.
What about others
Thanks man from Brazil 🤝🤝
GDP PPP by country please?
It's incredible how Argentina's growth slowed down, from being in the top 10 with the highest GDP Per Capita worldwide to having a GDP per capita similar to Mexico, it's sad how Argentina didn't keep growing and it stalled
The UK and the US can answer your questions
@@gulijim8080 nop as an argentinian i can aswer that years of populist politics whit not real intenton of solve country problems in the large run dont care the politic side there is no argentine politic who want to risk hes carrer to solve the problems and when someone try you find out how even people of hes party trys to savotage it aka macri whit the laboral reform the only one or two thing he tried during hes governament
They focus on "social justice" nowadays instead of solving their economic shortcomings
@@edwardcardozo8325 the social justice is propaganda for a couple privileges on buenos aires in the rest of the country everything or is private or are services like shit at the price of gold on misiones electricity is like 300% more expensive than buenos aires and it's funny because yacyreta is like 100 km of misiones
@@gulijim8080 shifting the blame to other won't solve anything
Crazy how China's gdp was the last, infact worse than majority of African nations in the 80s, but now is currently the world's second largest, I dislike the CCP, but I respect their achievements🙂
Can you give your no1 reason why you don’t like the Chinese government?
@Arthur Smith the people's efforts are definitely bigger no doubt, if China has a small population it won't had gotten to the phase like nowadays.
Have neighbors like Hong Kong, Taiwan, South Korea and Japan helped. Many low wage factories in Hong Kong and Taiwan moved to China.
Why you dislike CCP? Your government is incompetent and will never achieve what CCP does for it's country.
@@molamola8305 haha look at this CCP bot
Wow Soviet Union citizens went to Western europe level of wealth in 1988 to poorer than Latin America in 1998
Thats what the fall of the USSR does to the economy
Gorbachev’s staffs are bribed by promised shares of state-owned firms
@@bens4801 no, countries were better without the ussr, even russia got better
yeah fall of USSR made it worse.
@@Skurwysyn444 more like the money went into the oligarch's hands
To think that my country Syria once had a per capita of more than 10K💔. Now we can barley put bread on the table.
Uncle Sam said no to you, i feel you, sadly..
That's the cost of a US-sponsored color revolution.
Not sure what this video was doing, syrias gdp per capita was the same as vietnam today.
@@UnstoppableEmpire syria was rich but the people poor
There was money but with a spicific group of people
@@ahmadanbar4473 And nothing changed, it just got worst😞
The Gdp per capita of china really changed in 2000s..... Their infrastructure is really appreciative. Love from Pakistan 🇵🇰 ♥
Thumara desh ki halath deko pehle
@@mohammed_sadiq. apne desh ko bachao India Mai rehna hai tu hijab ko bhul jao or apni aukaad Mai raho nahi tu Pakistan dafa hojao 😁😁😁🤣🤣🤣
love from china😃
你好 巴基斯坦
love from CHINA
China's GDP per capital looks stagnant during the 80's and early 90's mainly because of devaluation of its currency. Yuan went from under 3 vs dollar to almost 9 vs dollar. Since then the Yuan has been stable or even gained against dollar.
@@tormentor6737 so you are saying china should outsource its industry and let the aggressive financial capitalism take over the country like it happened in USA?
@@tormentor6737 You are wrong. High Income doesnt mean higher standard of living. What people dont realize is that many of these high income countries also have insane living costs and citizens pay huge taxes. products also cost a lot.
A better metric for quality of life is PPP than nominal GDP>
The quality of life is measured by how much money you are left at the end of the month after all the expenses, rather than how much money one is payed.
China has extremely low cost of living compared to western countries and one might even say they have comparable standards of living.
Another thing is is messed up about GDP is its an average meaning it doesnt show the wealth redistribution which is very unequal in most of the western countries.
Basically if you take away the richest 30% of USA you will end up with a 3rd world country GDP. Those richest 30% are insanly raising the GDP average.
I agree. Also during the Mao era it is also suppressed since most industrial and agricultural assets are not priced on capital markets at all and thus not counted into gdp. The accounting is simply different. Conversly part of the reason why China grew so much in the late 90s was because of capitalization drive countrywide where things started to get counted.
Very interesting. So in 1990, GDP of Russia used to be in dark-green zone (10.000-19.999 $), under "totalitarian regine and unefficient communist economy". In 1991, right after introductio of "democratic reforms and liberal market economy" Russia's GDP plumets to yellow zone (2000-4.990 $). In one period they even slide into amber zone (under 2000 $). It took 18 years for Russia to recover from these "benefits" of western, liberal, yankee style, cowboy economy.
Commodity prices collapsed and so did the Soviet economy. The whole thing was so crazy inefficient that they were even buying grain from North America, lol.
The recovery also came due to the economic reforms of the 90's. Now that Russia turned to fascism and state capitalism there's been no economic development since like 2013.
@@numetal_samurai Изучите структуру поставок СССР. Закупалось кормовое зерно низкого качества для корма домашнего скота, зерно высокого качества взращивалось и употреблялось самостоятельно и в нем не было нужды, так как покрывало потребность населения. Россия не обращалась к фашизму, она его победила в 1945 в Европе.
@@numetal_samurai I'm not familiar with the claim that USSR used to import grain from US. Thankfully, today Russia is one of the largest exporter the grain. As i can see worst economic situation in Russia used to be during the 90s "economic reforms". Russia hit the rock bottom. All these oligarch that we see in Russia are the product of the 90s "economic reforms". They can thank good, old, drunken Boris for their wealth. Regarding "Russian return to fascism", as far as i know Russia fought against fascism. Former fascist are today best American friends. And for the end let say something about state capitalism. This system saved US from Great Depression in the 30s, thanks to F.D.Roosevelt. And China is a classical example of state capitalism aldo many in the west stil believe that China is communist country.
You seem to forget that the brutal switch from subsidized and planned economy to market economy never happens smoothly. Decline is a part of the transition. Then there is the part of managing it, which can be handled greatly (damage limitation) or poorly (bankruptcies everywhere).
@@mladenmamic187 коммунистическая идеология и социалистический способ ведения экономического хозяйства в СССР потерял инерционное движение вверх и стал пожирать самого себя, как паразит на теле организма. Экономические реформы и экономический коллапс 90-х был заранее запланирован, чтобы сбросить старую коммунистическую элиту СССР, как надоедливого паразита. Кит чтобы избавиться от паразитов, которые ослабляют его здоровье перестаёт питаться и голодает, прекращая всякую физическую активность. В той же ситуации сейчас находятся США, чтобы избавиться от паразитарно разросшейся старой элиты, которая была заточена на противостояние с СССР, США надо переболеть и прекратить всякую активность, чтобы оздоровить экономику, идеологию и тд.. В США начинается коллапс экономики, который был в СССР в 90-е годы, вместе с собой США потянут вниз Европу и другие зависящие от неё страны.
No matter the country's boasting GDP, quality of living all comes down to per capita. That's what truly counts
China, just a few decades ago, a country with GDP per capita lower than almost all Africa, all South America, all North America, all Europe, and 90% of Asia, is now above world average. India was in the same shoe but a bit better than China before, but one chose democracy over capitalism, and is now one of the poorest country in the world, even poorer than most African nations
So your country wants to realize “ common prosperity “?🤣
@@jacktam7673 India per capital 70k rup not 2k usd
@@jacktam7673 are you gonna spam this on any comment that praises China?
Calculating people are rich or poor based on gdp is stupid...
A bottle of water cost 0.10 cents in India whereas same bottle of water costs over 2 dollar in Europe and America.
@@abirnigam8816 bruh
1991: Russia fluctuated so much it dropped by two categories in a single year
1998: Russia yet dropped a third category
Also in 1991: Ukraine dropped THREE categories in a single year
1995: Ukraine yet dropped a FOURTH category
Feeling sad for Afghanistan central Africa and Yemen,😥😥😥
The fact that iraq was Green in 1990 then suddenly turned into red broke my heart into pieces all of this was because the stupid saddam
The whole world changed India is still standing there .
India in ppp terms is 11.35 trillion
It means India controlled it's inflation better then the world.
Even India changed
Incrível que esse tempo 0:03 a Argentina tinha um pib per capita maior do que muitos países europeus
Probably bc much of Europe just came out of a war
@@randomstuff7668 In 1912 Argentina had the 5th highest GDP per capita (PPP, the only one that matters, not nominal) in the world. There was no war in 1912.
@@D_Socha who was ahead of Argentina?
@@D_Socha what about 6 years later, after the end of the Great War
@@D_Socha It is said that when Europeans think someone is rich, they say the person is as rich as an Argentine
And now Argentina is stuck in endless debt and inflation, what a shame
事实上中国并没有那么富裕，他的人均仅仅是世界人均的水平
The fall of the soviet Union hits hard
Fuck the soviet union, bunch of commies
@@PolishGod1234 u mad bro? Watch more proamerican television
@@bidlogun7796 Poland has been under vommunism from 1945 to 1989, so 5hat's enough to make me consider communism to be shit
@clouds And your state is destroying monuments of heroes, who died fighting in WW2. I didn't even say a thing about Poland. Why do you immediately spray all your sh*t on me?
@@PolishGod1234 and? You've only given me a numbers, what should I get out of it. Or you one of those, who thinks communism is crap, because of Stalin's era or because the guy on TV said it. Well, maybe If everyone stinks of sh*t, then maybe it's you who f**ked up?!
Not ranked by country (China ranks 59th), in terms of population, the world has 16% of the population, and the per capita GDP exceeds that of China, while China has a population of 1.45 billion, accounting for 18% of the world's population, and 34% of the world's population per capita exceeds the domestic per capita domestic gross product. Among countries with a population of more than 100 million, GDP per capita exceeds that of China, including the United States and Japan. Countries with a population of more than 50 million include South Korea, the United Kingdom, France, Italy, etc., and the per capita GDP exceeds that of China. Forty years ago, China's GDP per capita was the second lowest in the world.
China now 18% share for global Gdp
@@Cuocsongphonui with me:
More Population=higher GDP
@@thuyvannguyenthi1459 so VietNam 100 milion people.. but the size of enocomy only same size of Singapore.. with 5 milion people.. wtf do you ep it.. other .. India with 1,4 bilion people share 17,75% of the world' population .. but the economy only 4% of the world' enocomy 'enocomy... so you said.. More populatuon = higher Gdp.. how about VietNam 100 milion people.. ( gdp nominal 380 bilion us dolar , India 1,4 bilion people.. gdp 3 trilion us dolar, indonesia.. 275 milion people gdp 1,3 trilion Us dolar.. ) lol how about it
@@thuyvannguyenthi1459 California, the State california has GDP similar to India yet they only have 39 million people and germany has 83 or 82 million people and was soo F**kin destroyed after ww2 yet they today they have a higher Gdp han India and dont use British rule as why india failed its not that, because India had an open economy before China but theyre growth was much slower and worse, than any other country in the world. its because of its goverment who yes are democratic but corrupt and Btw Chinese goverment is much more corrupt than India but they still grow well its because the leaders although evil they know growth in India tbh idk why theyre growth is slow i mean they have a huge coastline theyre geography is good and they have good relations with west but however they still cant
Even Indians g.d.p was worse in the past
CONGRATULATION to China for graduating from an Upper-Middle-Income country to a High-Income (Developed) country by crossing the benchmark of $12,695 GDP/Capita. GOOD JOB, Love from India
中国分配不均。底层跟印度一样 过得很辛苦
@@天下第一宝藏 u r from ?
@@天下第一宝藏 目前只有北欧不是这样，美国差距更大
@@天下第一宝藏 幼稚了，美国差距更大。国内只是竞争巨大，真的要活下来，比美国容易多了。
I have been following China's gdp too
世界はどんどん豊かになっているな。
Inflation
@@golonawailus4312 capitalism
@@NoVisionGuy the Fed
No its not richer its inflation. Im from Europe and i was richer in the 90's then iam now with a lower GDP
Fortunately, I have experienced China's rapid development. I hope my motherland can also provide help to underdeveloped regions in the world
Sadly the 1 child policy hurt china’s demographics and u guys could be facing an economic flat line much like japan faced. Hope ur leadership can resolve that issue tho.
dont you have to use a VPN to access TH-cam? hahaha
@@unodos.4557 China has joined RCEP, and with closer cooperation, the economy of Southeast Asia will also soar up in the next decades. Chinese goods will gain a bigger market from its wealthier neighbors.
@@FATHOLLYWOODB123 so what? we are here, aren't we?
@@untz4357 好家伙 ，说的自己都信了。那什么环球影城 ，迪士尼啥的都从中国搬走吧 因为我们消费不起。 搬去台湾，用不了1年就倒闭 信不信？
Thnk God you didn't mentioned How Britain stole 47 trillions dollars from India....😁😁
Anyway Welldone India and China 🇨🇳
فرنسا ايضا سرقت الكثير و الكثير من افريقيا
Democracy cannot bring about progress. Only progress can bring about democracy.
Dominican Republic always among the best and growing nonstop, God bless my country always, Greetings from Sto.Dgo. Dominican Republic Quisqueya La Bella
1981 China : you all leave me alone, it's suck😥 I am the onlly red country
2019 China : I am gonna dark green, bye yellow and orange countries.
@Hyderabad Ball mapping cost China province.. per capital high like Taiwan
@Hyderabad Ball mapping Democracy cannot bring about progress. Only progress can bring about democracy.
china surpassed Global per capital advanced
1960 Usa 'per capital 100times of China's per capital.. but the year 2021.. only 5,5 times.. so good
actually, this was not the most shocking comparison, rather, the per capita of Japan was about 90 times of China's in 1993, while in the year 2021, around 3.5 times.
@@WINDYCHUNG yes
You have to measure it by purchase power parity, otherwise it doesn't say much.
Better yet, buying power, only index that really matters.
@@RogerRamos1993 buying power IS GDP PPP
@@calvyncraven1141 But the better metric is median or average salaries. Spending that many times benefits no one is counted in GDP.
@@RogerRamos1993 median salary is not very applicable in China as well as the price of goods varies greatly from one city to another.
@@calvyncraven1141 That's way comparing cities is better than comparing countries. Country comparisons are only a starting point when discussing which are the best countries to have a family, to find a job, to pursue a an academic career (?), etc...
Tremenda nerfeada le hicieron a Venezuela
I'm proud of China's effort. An unselfish government and the support of its people is the way to go instead of wasting money on elections every 4 years.
An unselfish government which will do anything to stay in power with no checks and balances for the people up top, nice. Also a government (Really mostly Mao) which is responsible for the deaths of more of their own citizens then any other govenment or person in history. Mao was worse and even crazier than Stalin and Hitler.
@@nickg1895 yes. China has one crazy leader 70 YEARS AGO! move on! They have corrected their ways and is on the right path now! How about your country! Can you afford to pay your rent!
@@calvyncraven1141 exactly 👍
@@calvyncraven1141 Until Xi Jinping came in. He’s Mao 2.0. He got rid of term limits for Chinese presidents and is now the chairman of China like Mao was. Xi has more control now than Mao Zedong ever did and he’s flipping the switch on China. He’s beginning to take away all the things that made China great. Deng Xiaoping started the Chinese greatness in 1989 through his economic reform and opening up to the world but now Xi’s starting to do the opposite. No it’s not really hard to pay for rent here even in a medium city I guess maybe in the democrat run large cities of America like New York and LA it’s gotten uncontrollable and ridiculously priced. How much has the price for an apartment/ home Increased in China’s medium size cities or large cities over the past 10 years? Because so many people are buying second and third homes within China right now it’s making it even harder for younger people to buy their first home. That’s not to mention the problems China has with water pollution and over 80% of all of their ground water being contaminated with heavy metals and things that can’t be filtered out. It doesn’t go into the population demographic collapse that China is going to suffer in the next 10 to 15 years and is already feeling the effects of now all because of the one child policy that had been kept for too long only because the government wanted to save face.
@@nickg1895 TLDR. no i dont this XJP is Mao 2.0 and bo i dont think he is reversing what DXP did.
What we can see is ge is carrying part 2 of DXP's plan.
DXP's plan summarize in one sentence. "Let some get rich first, so they can help the rest later." The first part has been achieved and XJP since he came into power, has been helping the rest.
Yes, XJP is consolidating power but when you have to restrain predatory capitalist, and crooked and corrupted politicians and government servants, its the only way to go.
expensive homes and poor quality water is a result of DXP 's opening up the last 40 years and XJP has put in place plans to change all that. 1. The government has recently announced to build affordable homes for city folks as they have completed building free homes for rural folks the last 8 years.
And as for improving the ground water, they are working on it too but will take time.
Syria after 2011😔 i miss my childhood
Вы многого не понимаете о СССР. В СССР я жил и скажу вам - жилье, медицина, туризм, образование включая лучшее высшее были полностью бесплатны, все хобби для детей так-же.. И качественная, недорогая еда. Отличие от запада одно - отсутствие сверхбогатых, малое число автомобилий у людей. Никакой тебе ипотеки, кредита на колледж.
Fun fact: Everytime Turkey's economy gone worse, there was either a coup or a coup attempt most of which were supported by US
By the end of 2021.. China's Gdp is 17,9 trilion Us dolar..
1. Guangdong province : Gdp nominal 1.92 trilion dolar.. population : 126m.. Gdp per capital 15k usd..
2.Jiangsu province : gdp nominal 1.808 trilion population : 85M people . gdp per capital 21, 294 USd
3. Shandong province : population 101M people . gdp nominal 1.288 trilion US dolar .. gdp per capital 12,686 US dolar ( avegare of Country )
4. Zhejiang Province ( coastal province ) population 64,5 M people gdp nomin 1.14 trilion us dolar .. gdp per capital 17,649 US dolar.
5 Henan . population 99,3 M people gdp nominal 797 bilion US dolar .. gdp per capital 8021 US dolar ..
6. Sichuan ( Landlocked province ) .. population 83,6 M people gdp nominal 847 bilion Us dolar .. gdp per capital 10120 Us dolar
7.Hubei ( landlocked province ) .. population 57,7 M gdp nominal 570bilion us dolar .. gdp per capital 9500 Usd..
8. Fujian . ( Province on coast ) population people 41,5 M gdp nominal 756,74 bilion Us dolar gdp per caital 18,217 usd..
9.. Anhui province .. population 61M people.. gdp nominal 560 bilion .. gdp per capital 9186 Usd..
10..Hebei . population 74,5 M people .. gdp nominal 530 bilion Us dolar . gdp per capital 7033 Usd..
11. Beijing ( capital of China ).. population 21,8 M people.. gdp nominal 634 bilion Us dolar.. gdp per capital 29k usd ..
12.Shaanxi ..population 39,5 M . gdp nominal 380 bilion us dolar . gdp per capital 9k6 Usd..
13.Jiangxi .. population 45M people.. gdp nominal 372 bilion Us dolar gdp per capital 8k2 usd..
14Chongqing population 32M people..gdp nominal 362 bilion us dolar.. gdp per capital 11k usd..
15Liaoning.. population 42,5 M.. gdp nominal 364 bilion Us dolar.. gdp per capital 8546 us dolar.
16. Yunnan population 47,2 M gdp nominal 355 bilion. gdp per capital 7k5 usd
17.Guangxi population 50milion people .. gdp nominal 321 bilion us dolar . gdp per capital 6k4 usd
18 Shanxu ..population 35 Milion.. gdp 255 bilion us dolar.. gdp per capital 7k usd
19. inter Mongolia.. Population.. 24M. gdp 322 bilion.. Gdp per capital 10k4 usd
20Xinjiang .. Population 25,8 M.. gdp 200 bilion. gdp per capital 7k7 usd
21 . Tianjin. population 13,8 M.. gdp 204 bilion. per capital 15k usd
22.Heilongjiang ... population 31,8 M
gdp 198 bilion.. per capital 6k3 usd
22Jilin.. population 24 m. gdp 178 bilion.. per capital 7k4 Usd..
23 Gansu.. population 25M .. gdp 130 bilion..per caital 5k2 usd
24.Hainan.. population 10M .. per capital 10k usd
25Ningxia population 7.M gdp 57 bilion.. gdp per capital 7k8 usd
26QingHai. population 6 M.. gdp 43,5 bilion. gdp per capital 7k3 usd
27. Tibet Population 3M .. gdp 27,5 bilion . gdp per caital 7k5 usd..
So almost Coast Province per capital over 20k usd..like developed countries.. but .. landlocked province .. per capital below 10k usd.. like developing countries..
so Guangdong surpassed Canada By 2021.. with 1,92 trilion us dolar.. will be surpass Italia. In this year 2022
Japan population same as Guangdong but 5 trillion gdp 🤣
@@tluangasailo3663 but Guangdong still grow 8 % per year.. and Japan grow (-) Guangdong will be surpass Japan soon
@@GiangLe-gr9rj Well Canada held up pretty well for a country that is pretty much just frozen Iceland, California has more gdp than the whole of Canada alone
@@haechiwr time
You always know Russia will change its color in 1991.
South Korea: *STONKS*
Clap for Norway and Ireland for getting ahead of USA 🇮🇪 🇳🇴
🇺🇸
Chinese would be same rich like Eastern Europeans.
I am Chinese in our impression that Central and Eastern Europe is not very rich, but Western Europe and Northern Europe.
I thought Japan had fallen low economically, but we seem to do pretty well!
Now Im more proud of my country🇯🇵
It's a beautiful place with beautiful culture! And it's sad to hear that the young population is overworked to the bone (you people have some of the most insane work hours I've ever seen and I feel you as a Serbian who works 12-hour night shifts 4 days straight in a private firm 💀) I love your country, culture and people!
Manga too. Especially the manga hahaha! Keeps me kicking nowadays 🤣
I'm english, Japan is a great Country.highly respected.
@夏军 しかし中国は15世紀日本沿岸を荒らした
@@眼鏡猿眼鏡猿 １５世紀の件はモンゴルのせいだろう?中国が自ら日本に侵略した事は一度もないでしょう、それどころか、日本に文化や医学を無料で揚げました。それなのになぜ日本人は恩を仇で返して中国を侵略したのか?
@@眼鏡猿眼鏡猿 Dude, have you ever read history before you commented?
I am very happy with this video EXCEPT for the inexplicable rendering of German per-capita data. First separately as East and West. Then as a whole. The data is easily accessible even back to the 1950s and 40s.
I'm so proud of you two Malaysia and Singapore, from your brother Philippines🇵🇭
lol
Ok
Syria was rich before the civil war...
Venezuela :(
2:15 - 2:31
1:27 Japan!!!!! glad!!
Japan back then was economically strong. It used to be on third place in GDP per capita among OECD countries just below Luxembourg and Switzerland. It is sad how the current economical state of Japan has become. I hope Japan can recover and be strong again as it used to be during mid 80s to mid 90s. Dont get me wrong, Japan economy is obviously not bad but yeah, has been stagnating for almost two decades isn’t an ideal thing. Best of luck to Japan!
countries that are allied with the US are the most wealthy
how about India. Lol..
India ??
Pakistan would like to say something
@@GiangLe-gr9rj india was mostly neutral or Soviet allied up until the soveit Union dissolved. In the Pakistani-india wars , usa supported Pakistan while ussr supported india
@Giang Le India is not US ally lol, they are friendly to each other and they buy each other stuff, but they won't come to each other aid if a war breaks out. It's only diplomatic supports or arms support
I'm so proud of my country, from war, we now have a much better life, even now we're still poor :)
ما اسم دولتك ؟
Good video friend, keep it up 😁
Without incorporating PPP(purchasing power parity) with GDP, it is only telling halfs the economic story!!
True but it's not easy to compare prices in different countries. For example, some countries eat a lot of bread but in some others people barely eat it. It makes more sense to compare prices in countries with similar culture.
@@longtaoyou2931 it also doesn't take in account the differences in quality, French food quality is better than in the US
purchasing power parity is a tool used by developed countries to deceive developing countries.....Indians like to use purchasing power parity just to make the numbers look good.not so humiliating.. Western media said that in 2014, China's ppp GDP surpassed that of the United States.. .but the Chinese government doesn't even recognize it..for a developing country..the most important thing is nominal GDP...because you have to settle in dollars to buy oil..foreign technology...military equipment.. ..going abroad for better education and tourism...purchasing power parity can only measure the most basic daily necessities.... PPP is a scam
I bet China will be Superpower at 2022 Dec 22 7:13pm UTC 💪
it still wont be good to live India even if you include everything bad about EU or other rich contries/regions its still 100x better than india.
Light blue is the best zone it still means you can compete in manufacturing and assembly
It's crazy how fast China grew when they adopted capitalism! That can be a lesson for most countries in the world!
China was invested in. South asia and africa were always capitalist. Look at them.
And African countries shows that capitalism can also fail 😂
Chinese form of capitalism is strictly regulated so they can't end up like some banana republics.
How's that working for India?
في الجزائر حدثت الحرب الاهلية بعد ان تبنت الرأسمالية ☻
china entered the middle class, towards high income
Much of the increase in GDP per capita is caused by inflation.
In Europe the increase in prices and wages between 1960 and 2021 is 1000%
So the temporal comparison is not interesting.
It's only for inflation
Latin america surprised me. I've never expected them to be richer than most of Asia and Africa
A mi igual.
Latin America is very western they can immediately accept economic reforms because they always look at North America.
Asia is also very populated but there is massive reforms in Asia compare to Africa it takes time to see the changes.
Latin America could be much richer without American capital.
Did you really expected Latin America to be on the same level as Africa?
In 2013 per capita 1450 now 2021 me 2191 hai but abhi bhi hame sikhaye jayenge modiji ne kya kiya hai abhi to nahi kiya buy aatmanirbhar bharat se badhege bharat smart City se bahut aage niklega bharat gift city isi saal and Dholera 2035 me ban jayega but gurgaon,ye sab 2030 se pahle vanenge
We want strong manufacturing hub
*Prouds to be indians* , *Strong military* , *Economic superrpover* *Thank you saar* .🕉️🕉️🕉️🕉️🕉️🕉️🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳
Bro ur not even Indian
basically blue colors are considered the developed countries except fews haven't finished industrialization.
Put aside population, the gap of development level between China and India is now larger than that between USA and China.
@Antonio victor Africa has more Young people than India.
@Antonio victor Mexico has more young people than india. Indonesia is far younger than India.
Using IHDI the difference between the USA (0.808) and China (0.639) is 0.169, and the difference between China (0.639) and India (0.475) is 0.164.
Using HDI the Difference from the US (0.926) and China (0.761) is 0.165, and the difference between China (0.761) and India (0.645) is 0.116.
So not really.
I bet China will be Superpower at 2022 Dec 22 7:13pm UTC 💪
@@doubled57690 You bet?
It's good to see Malaysia GDP is second at SEA after Singapore.
I thought its third after brunei😅
To tell the truth, Malaysia would be poorer than Africa if there were no Chinese, Malays should be grateful to the Chinese for their contributions, and the Chinese control 80% of Malaysia's economy
it's okay without chinese. We still could grow up with our soo many resources. We might not be like nowadays, but we will never be like africa.
@@adadisini2898 Stop bragging, why do Malays implement unfair policies to protect Malays? ? The first country in the world where the majority ethnic group is protected, and then the ethnic minorities drive the development of the entire country. Malays are famous for being lazy and not smart. They recognize the reality without the development and contribution of the Chinese. Malaysia is nothing. Singapore also depends on the Chinese. The Chinese are the best in the world.
@@adadisini2898 If Malaysia had a Chinese prime minister, Malaysia would be one of the most developed countries in the world. Sadly, the Prime Minister of Malaysia is Malay so Malaysia is not as developed as Singapore
After year 2000, China GDP pc ran like roadrunner.
That's why I hate Indian democracy and the constitution.
What do you want?
@@anshagrawal6289 i want good gdp per capita
@@hhcdghjjgsdrt235 U want everything please be grateful😔
@@myyoutubechannel9137 what ? What please ?
@@hhcdghjjgsdrt235 u are not happy??😐
I realllyyyy love this and i love the song so much. I watch this again and again
0:42 thats when greenland became green by first time
Is just another FAke vídeo as as Almost everyone in NET . You Will not find One good quality Stuff about real truth on this World if is not from me cause Whole World is ignorant brainwashed
Libya was ahead of its time and the people were rich but then Mu'ammar Gaddafi was overthrown and Libya sank into chaos
yeah and you should probably than the Western pigs for ruining your country.
中国，加油!
"My father not having many jobs"
“I want to do something for my Father"
“But is not giving me views"
“Ya I am worse worse" than others SUPPORT GUYS ...............................️...............💖💖😭
Malaysia 🇲🇾❤️
GoGo Asean, this time is our time to shine
Congratulation malaysia.
But Indonesia will overtake after Stopped export Minerale to Europe, and 2024 after Indonesia smelter done, Indonesia will be the biggest world minerale finished exportir.
(Fact, Indonesia have so many Resources)
USA was truly and unironically the greatest country in the world in 1970
Look at Iraq in 1991.
Wow
Usa sent them back to the stone age
@@tmonkey3323 The Arab countries betrayed us...
They made us live hard days
After we protected them from Iran and israel
Hi mere mortal earthling. I am proud to be an alien from an unknown planet of a far away distance galaxy much bigger than the milky way. I am disguising myself as human. May you all have peace.
This is weird, in 2022 stats many of them are totally different
China started to thrive after USSR collapse.
India felt destabilization just after USSR collapse.
china grew 12% every year in 1980s, has nothing do with USSR at all, the chinese start to take off in 1979
Well u r wrong both india and china grew after 1990s bt china grew much faster than india.India too is doubling it's gdp in every 6-10 yrs
@@xinyiquan666 不是，中国真正意义上发展资本主义是在邓小平92年南方谈话，但这92～00年这段时间发展的还是不太好，直到01年加入世贸组织，中国才开始腾飞，严格来说中国真正意义发展经济也就30年，78年～89年这10年没什么发展，法律法规不完善，外资不愿来投资，89年的天安门事件被美国等西方国家制裁了两三年，然后就是92年的南方谈话了
@@nacy8563 扯淡，1978年到88年中国的发展速度比90-2010Ss 快的多了，1984年中国GDP增长是14。8%，是这40年最快的一年，78年三中全会制定的是发展政策，为中国腾飞打下了基础 ，78年开始的包产到户到80年代个体户和乡镇经济和经济特区是整个四十年发展的基础，没有这十年，后面根本不可能发展的这么好，你估计80年代还没出生，根本不知道当时改革开放对老百姓思想开发的影响和社会经济的改变，这十年是发展速度最快的时候，90年代是民营经济发展的最好，但是国营企业改制失败，也是大批民众下岗的时代，到2000年以后发展速度实际上是一年不如一年，外贸是起飞了，但是产业升级到现在也没有完全实现，2010年以后基本是在靠基建拉动GDP,
@@idontusecryptocurrency5870 stop lies, india fake its GPD , and india never double its GDp, in 2017, india even make up a new way to caculate GDP, which is BS but count everything that is not regards as growth in rest of world
Its beautiful and amazing how the world its really better than a half century again, in economy.
We will be the richest country in the world again, we have the capacity and the potential 🇦🇷🇦🇷🇦🇷
I hope so
Argentina is making a good move riding with China on the way forward..
Uk have to surrender Falkland Islands in time
Lo que fuiste y jamás volverás a ser... ¡Tomate ese trago Argentina! Jajaja.
@@blacker5874
Por supuesto que volveremos al top, las mismas ideas que en su momento nos llevaron a ser el país más rico del mundo están volviendo a la mente de los argentinos, sólo falta que se apliquen como corresponde.
@EL CHILENO
Nunca lo fueron, los 3 países que nombraste jamás fueron ricos, toda la historia estuvieron hundidos en la mediocridad. En cambio Argentina sí, fuimos de los 10 más ricos entre 1880 y 1950 y el más rico entre 1885 y 1900, somos el mejor país de Latinoamérica.
Chile no es ni la uña de Argentina.
SIEMPRE LOS MEJORES 🇦🇷🇦🇷🇦🇷
In this video spain and germany were spelled like they are in their own languages (Espana and Deutshland). But that just begs the question, why wasn't Sweden spelled Sverige or SVE?
will there be another coronavirus worldwide map time-lapse
Our China's national development goals:
In the middle of this century, modernization has been basically achieved, with per capita gross domestic product reaching the level of moderately developed countries, and people living a relatively prosperous life。
Now it only reaches the world average level。
I bet China will be Superpower at 2022 Dec 22 7:13pm UTC 💪
Lol
no India will be Superpower today
Spamming at everyone's comments
*Shakes my head*
@@Cuocsongphonui China no 1 than Taiwan 💪
@@Cuocsongphonui Vietnam number 2 👍💪
if you want a fight then show this to a Marcos loyalist lmao. Started his reign at orange and remained there for two decades. golden age my ass lol.