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Thread: Dynamic chart: World’s ten largest economies, 1961 to 2017

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    Default Dynamic chart: World’s ten largest economies, 1961 to 2017

    This was just sent to me, and my friend was right it is interesting and short.

    Dynamic chart: World’s ten largest economies, 1961 to 2017 ..... 3 minutes

    it takes a 1000 billion to make a trillion

    https://www.aei.org/publication/dyna...-1961-to-2017/

    Watch the top ten largest economies in the world based on GDP, year-by-year from 1961 to 2017. A few interesting observations:

    1. The global slowdown in the early 1980s.

    2. China’s ranking in the world’s ten largest economies has sure bounced around a lot. It was the world’s fifth largest economy in 1962 and remained in the top ten economies until it dropped out in 1978 and 1979, before returning in 1980, dropping out again for a few years and returning to the top ten in 1982. In 1987, China fell out for a year, came back in 1988, dropped out again in 1989 before returning to the top ten for good in 1992. By 2000, China rose to the No. 6 position by passing Italy, then to No. 5 in 2005 when it surpassed France, to No. 4 in 2006 when it surpassed the UK, No. 3 in 2007 surpassing Germany, and finally rising to No. 2 in 2010 by surpassing Japan.

    3. As of 2017, the US economy at $19.4 trillion was 58.4% larger than China’s GDP of $12.2 trillion.

  2. The Following 5 Users Say Thank You to ramus For This Post:

    astridmari (9th December 2018), Baby Steps (8th December 2018), Kryztian (8th December 2018), peterpam (8th December 2018), Words of Joy (8th December 2018)

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    Avalon Member peterpam's Avatar
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    Default Re: Dynamic chart: World’s ten largest economies, 1961 to 2017

    Really interesting. I was surprised to see Japan as #2 and really rather shocked that China ranks #10.. Land mass certainly does not seem related to GDP in all cases does it?

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    ramus (8th December 2018)

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    Default Re: Dynamic chart: World’s ten largest economies, 1961 to 2017

    While watching this you see Japan move up and then back, then China make a hell of a move. True land mass doesn't guaranty large GDP and it appears that total population doesn't either.

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    peterpam (8th December 2018)

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