These are lists of regions and countries sorted by their estimated real gross domestic product (GDP) in terms of purchasing power parity (PPP), the value of all final goods and services produced within a country/region in a given year. 1990 GDP dollar (international dollar ) estimates here are derived from PPP estimates.
In some of these lists, the term country corresponds to the geographical region of the country being referred to, not the country itself. Most of the information below is based on estimates by economic historian Angus Maddison , former professor at University of Groningen and assistant director of the economics development division for the Organisation for Economic Co-operation and Development , in his work The World Economy: Historical Statistics . Estimates are for the periods from the 1st century to 1998 , with figures in millions of 1990 international dollars , and shares of world GDP are also given.
Economist and Journalist Evan Davis has praised Maddison's research by citing it as a "fantastic publication" and that it was "based on the detailed scholarship of the world expert on historical economic data Angus Maddison." He also added that "One shouldn't read the book in the belief the statistics are accurate to 12 decimal places."[1]
1st century [ ]
Region / Country
GDP (PPP) mill. of International dollars
GDP Share percentage (%)
World
102 536
100
India (including India, Pakistan, Bangladesh)
33 750 [2]
32.9
India
27,900
27.2
Han China
26 820
26.2
Roman Empire
22 000 [3]
21.5
Western Europe
11 115
10.8
West Asia
10 120 [4]
9.9
Africa
8 030 [4]
7.8
Far East (excluding China, India, Japan, Russia)
6 970
6.8
Latin America
2 240
2.2
Eastern Europe (excluding Russia)
1 900
1.9
Russia and Central Asia
1 560 [5]
1.5
Japan
1 200
1.2
North America and Australia
468
0.5
1000 [ ]
1500 [ ]
1600 [ ]
1700 [ ]
1820 [ ]
1870 [ ]
1913 [ ]
1950 [ ]
Region / Country
GDP (PPP) mill. of International dollars
GDP Share percentage (%)
World
5 336 101
100
United States
1 455 916
27.3
Soviet Union
510 243
9.6
South America and Central America
356 188
6.7
United Kingdom
347 850
6.5
Germany
265 354
5.0
Far East (excluding China, India, Japan, Russia)
252 166
4.7
People's Republic of China
239 903
4.5
Republic of India
222 222
4.2
France
220 492
4.1
Africa
194 569
3.6
Eastern Europe (excluding Soviet Union )
185 023
3.5
Canada and Australia
179 574
3.4
Italy
164 957
3.1
Japan
160 966
3.0
West Asia
110 412
2.1
Spain
66 792
1.3
Mexico
67 368
1.3
Netherlands
60 642
1.1
Sweden
47 269
0.9
Belgium
47 190
0.9
Switzerland
42 545
0.8
Denmark
29 654
0.6
Austria
25 702
0.5
Brazil
18 126
0.4
Norway
17 838
0.3
Portugal
17 615
0.3
Finland
17 051
0.3
1973 [ ]
Region / Country
GDP (PPP) mill. of International dollars
GDP Share percentage (%)
World
16 059 180
100
United States
3 536 622
22.0
Far East (excluding China, India, Japan, Russia)
2 166 225
13.5
Soviet Union
1 513 070
9.4
Japan
1 242 932
7.7
South America and Central America
1 118 398
7.0
Germany
944 755
5.9
West Asia
932 968
5.1
People's Republic of China
740 048
4.6
France
683 965
4.3
United Kingdom
675 941
4.2
Italy
582 713
3.6
Eastern Europe (excluding Soviet Union )
550 757
3.4
Africa
529 185
3.3
Canada and Australia
521 667
3.2
Republic of India
494 832
3.1
Spain
304 220
1.9
Mexico
279 302
1.7
Brazil
239 178
1.5
Netherlands
175 791
1.1
Belgium
118 516
0.7
Switzerland
117 251
0.7
Sweden
109 794
0.7
Austria
85 227
0.5
Denmark
70 032
0.4
Portugal
63 397
0.4
Finland
51 724
0.3
Norway
44 544
0.3
1998 [ ]
See also [ ]
Economic history
List of countries by GDP (PPP)
List of largest empires
Notes [ ]
↑ http://news.bbc.co.uk/2/hi/business/4337203.stm .
↑ 2.0 2.1 2.2 2.3 These estimates refer to the combined economy of the various states located in the regions now corresponding to the Republic of India , Pakistan and Bangladesh .
↑ Goldsmith (p. 263, 267).
↑ 4.0 4.1 Maddison (2003)
↑ 5.0 5.1 5.2 5.3 5.4 These estimates refer to the combined economy of the various states located in the region corresponding to the former Russian Empire .
↑ Abbasid Caliphate:
Tax revenue: 14 million dinars [1]
Tax ranges from 2.5% to 10%, therefore economy at least 140 million dinars
140 million dinars = 175 million ducats [2]
175 million ducats = $2041.17 million value in 1913 dollars
$2041.17 million 1913 dollars = $26,955 million 1990 dollars
↑ 7.0 7.1 7.2 7.3 A. Lybyer, The Government of the Ottoman Empire in the Time of Suleiman the Magnificent , 180
↑ 8.0 8.1 8.2 8.3 "CPI Inflation Calculator" . Bureau of Labor Statistics . http://www.bls.gov/data/inflation_calculator.htm . Retrieved on 2012-02-22 .
↑ Milanovic 2006, p. 468
↑ Milanovic 2006, p. 461
↑ The combined GDP of the Abbasid Caliphate , Fatimid Caliphate , Algeria , Tunisia , and Italy , according to Maddison (2003).
↑ The combined GDP of Morocco , Spain , and Portugual , according to Maddison (2003).
↑ Ottoman Empire:
3.3 million ducats tax revenue, at 2% tax rate, [3] gives economy of 165 million ducats
165 million ducats = $1925 million in 1913 value
$1925 million 1913 dollars = $25,414 million 1990 dollars
↑ 14.0 14.1 14.2 Webster , Noah (1913). Webster's Revised Unabridged Dictionary . G. & C. Merriam Co. http://dictionary.x10host.com/?w=ducat .
↑ The combined GDP of West Asia (excluding Iraq , Iran , and Turkey ), Egypt , and Libya , according to Maddison (2010) [4]
↑ 16.0 16.1 16.2 These estimates refer to the combined economy of the various states located in the region now corresponding to the United States .
↑ Ottoman Empire:
$200 million tax revenue, at 4% tax rate, [5] gives economy of $5,000 million 1913 dollars
$5,000 million 1913 dollars = $66,011 million 1990 dollars
↑ The combined GDP of Spain , the Duchy of Milan , the Kingdom of Naples , Sicily and Sardinia (estimated as 50% of Italy ), South America , Central America , Belgium , Mexico , and Portugal (part of the Spanish Empire from 1580 to 1640).
↑ Ottoman Empire:
12 million ducats tax revenue, at 3% tax rate, [6] gives economy of 400 million ducats
400 million ducats = $4,667 million in 1913 value
$4,667 million 1913 dollars = $61,614 million 1990 dollars
↑ A. Lybyer, The Government of the Ottoman Empire in the Time of Suleiman the Magnificent , 181
↑ The combined GDP of Spain , the Duchy of Milan , the Kingdom of Naples , Sicily and Sardinia (estimated as 50% of Italy ), South America , Central America , Belgium and Mexico .
↑ Combined GDP of West Asia (excluding Iran ), Eastern Europe (excluding later Russian Empire ), Greece , Egypt , Libya , Tunisia , Algeria , and Morocco , according to Maddison (2010) .
↑ Combined GDP of United Kingdom , Canada , Australia , New Zealand , Sri Lanka , Malaysia , and South Africa , according to Maddison (2010) .
↑ Maddison (2010)
↑ The combined GDP of the United Kingdom , British India , Canada , Australia , New Zealand , Ceylon , Hong Kong , Singapore and South Africa was about $265 billion in 1870, in Maddison (2006).
↑ Combined GDP of West Asia (excluding Iran ), Eastern Europe (excluding later Russian Empire ), Egypt , Libya , Tunisia , Algeria , and Morocco , according to Maddison (2010) .
↑ The combined GDP of the United Kingdom , British India , Canada , Australia , New Zealand , Ceylon , Malaya , Hong Kong , Singapore , Egypt , Ghana and South Africa is about $547 billion in 1913, in Maddison (2006). The combined GDP of the remaining territories was estimated by multiplying the average Asian (not including China, India or Japan) and African GDP per capita by the combined populations of the remaining Asian and African territories respectively.
↑ 28.00 28.01 28.02 28.03 28.04 28.05 28.06 28.07 28.08 28.09 28.10 28.11 28.12 The Cambridge Economic History of Modern Europe: Volume 2, 1870 to the Present , p. 34
↑ Combined GDP of West Asia (excluding Iran ) and Albania , according to Maddison (2010) .
Bibliography [ ]
External links [ ]