These are lists of regions and countries by their estimated realgross 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. GDP dollar (international dollar) estimates here are derived from PPP estimates.
Methodology
In the absence of sufficient data for nearly all economies until well into the 19th century, past GDP cannot be calculated, but at best only roughly estimated. In a first step, economic historians try to reconstruct the GDP per capita for a given political or geographical entity from the meagre evidence. This value is then multiplied by estimated population size, another determinant for which as a rule only little ancient data is available.
A key notion in the whole process is that of subsistence, the income level which is necessary for sustaining one's life. Since pre-modern societies, by modern standards, were characterized by a very low degree of urbanization and a large majority of people working in the agricultural sector, economic historians prefer to express income in cereal units. To achieve comparability over space and time, these numbers are then converted into monetary units such as International Dollars, a third step which leaves a relatively wide margin of interpretation.
The formula thus is: GDP (PPP) = GDP per capita (PPP) x population size
It should be stressed that, historically speaking, population size is the far more important multiplier in the equation. This is because, in contrast to industrial economies, the average income ceiling of premodern agrarian societies was quite low everywhere, possibly not higher than twice the subsistence level.[1] Therefore, the total GDP as given below primarily reflects the respective historical population size, and is much less indicative of contemporary living standards than, for example, estimations of past GDP per capita are.
According to the 20th-century macroeconomist Paul Bairoch, a pioneer in historical economic analysis,
it is obvious that by itself the volume of total GNP has no important significance, and that the volume of GNP is not by itself the expression of the economic strength of a nation.
Rather, Bairoch advocates a formula combining GNP per capita and total GNP to give a better measure of the economic performance of national economies.[2]
The following estimates are taken exclusively from the 2007 monograph Contours of the World Economy, 1–2030 AD by the British economist Angus Maddison.[4]
When graphed, one can see that India was the world's largest economy from year 1 to year 1500, when it lost the position to China, who subsequently lost the position around 1890. China is reasserting its position as the world's largest economy, which it had lost.
[5]
There was little difference in GDP per capita based on level of development in earlier eras, so in 1500, China was the largest economy in the world, followed closely by India.[5]
Maddison' assumptions have been both admired and criticized by academics and journalists. By Bryan Haig, who has characterized Maddison's figures for 19th century Australia as "inaccurate and irrelevant",[6] by W. W. Rostow, according to whom "this excessive macroeconomic bias also causes him (Maddison) to mis-date, in my view, the beginning of what he calls the capitalist era at 1820 rather than, say, the mid-1780s."[7]
W. J. MacPherson has described Maddison's work on early medieval India of using "dubious comparative data."[8] Maddison's estimates have also been critically reviewed and revised by the Italian economists Giovanni Federico[9] and Elio Lo Cascio/Paolo Malanima (see below).[10]
However, 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."[11]
Europe
1830–1938 (Bairoch)
The following estimates were made by the economic historian Paul Bairoch.[12] Contrary to most other estimates on this page, the GNP (at market prices) is given here in 1960 US dollars. Unlike Maddison, Bairoch allows for the fluctuation of borders, basing his estimates mostly on the historical boundaries at the given points in time.[13]
The following estimates are taken from a revision of Angus Maddison's numbers for the whole of Europe by the Italian economists Elio Lo Cascio and Paolo Malanima.[14] According to their calculations, the basic level of European GDP (PPP) was historically higher, but its increase was less pronounced.
Angus Maddison's below GDP estimates for Indian subcontinent (including modern Pakistan and Bangladesh) refer to the following empires:[4]
^ At year 1, year 1000, year 1500 and till the start of British colonisation in India in 17th century, India's GDP always varied between ~22 - 33% world's total GDP and was the largest economy in the world from year 1 until year 1500,[4] which dropped to 2% by Independence of India in 1947.[15] At the same time, the Britain's share of the world economy rose from 2.9% in 1700 up to 9% in 1870 alone.[16][17][18]
Goedele De Keersmaeker estimated the GDP of the British Empire using Angus Maddison's data. Keersmaeker estimated that the British Empire's share of world GDP was 24.28% in 1870 and 19.7% in 1913. The empire's largest economy in 1870 was British India with a 12.15% share of world GDP, followed by the United Kingdom with a 9.03% share. The empire's largest economy in 1913 was the United Kingdom with an 8.22% share of world GDP, followed by British India with a 7.47% share.[20]
Much work in estimating past GDP has been done in the study of the Roman economy, following the pioneering studies by Keith Hopkins (1980) and Raymond Goldsmith (1984).[21] The estimates by Peter Temin, Angus Maddison, Branko Milanović and Peter Fibiger Bang follow the basic method established by Goldsmith, varying mainly only in their set of initial numbers; these are then stepped up to estimations of the expenditure checked by those on the income side. Walter Scheidel/Steven Friesen determine GDP on the relationship between certain significant economic indicators which were historically found to be plausible; two independent control assumptions provide the upper and lower limit of the probable size of the Roman GDP.[22]
B^ Decimal fractions rounded to the nearest tenth. Italic numbers not directly given by the authors; they are obtained by multiplying the respective value of GDP per capita by estimated population size.
The GDP per capita of the Byzantine Empire, the continuation of the Roman Empire in the east, has been estimated by the World Bank economist Branko Milanović to range between $680 and 770 (in 1990 International Dollars) at its peak around 1000 AD, that is the reign of Basil II.[23] The Byzantine population size at the time is estimated to have been 12 to 18 million.[24] This would yield a total GDP somewhere between $8,160 and 13,860 million.
In conclusion, the fact that the average incomes in the most developed agricultural economies like AugustanRome and Basil's Byzantium were about twice or less than the subsistence minimum might indicate that the pre-industrial societies were unlikely to ever exceed that ceiling. This in turn has implications for our assessment of the average standard of living in other, non-Western, pre-industrial economies like those of China, India, pre-Columbian Americas, and Africa....A further implication of these calculations is that a realistic maximum income that could be envisaged for the pre-industrial societies might be a bit more than twice the subsistence minimum, or around $PPP 1000 (at 1990 international prices).
^ abcThe border between "Western Europe" and "Eastern Europe" as defined by Bairoch corresponds to the Iron Curtain, with "Eastern Europe" being identical to the Eastern Bloc (Bulgaria, Czechoslovakia, the German Democratic Republic, Hungary, Romania, Poland, and the USSR plus Albania). All the rest of Europe makes up "Western Europe" (Bairoch 1976, pp. 317, 319).
^Scheidel, Walter; Morris, Ian; Saller, Richard, eds. (2007): The Cambridge Economic History of the Greco-Roman World, Cambridge University Press, ISBN978-0-521-78053-7
Bang, Peter Fibiger (2008): The Roman Bazaar: A Comparative Study of Trade and Markets in a Tributary Empire, Cambridge University Press, ISBN0-521-85532-2, pp. 86–91
Goldsmith, Raymond W. (1984): "An Estimate of the Size and Structure of the National Product of the Early Roman Empire", Review of Income and Wealth, Vol. 30, No. 3, pp. 263–288
Hopkins, Keith (1995/6): "Rome, Taxes, Rents, and Trade", Kodai, Vol. 6/7, pp. 41–75
Milanovic, Branko; Lindert, Peter H.; Williamson, Jeffrey G. (Oct. 2007): "Measuring Ancient Inequality’, NBER Working Paper 13550, pp. 58–66
Scheidel, Walter; Friesen, Steven J. (Nov. 2009): "The Size of the Economy and the Distribution of Income in the Roman Empire", The Journal of Roman Studies, Vol. 99, pp. 61–91
Temin, Peter (2006): "Estimating GDP in the Early Roman Empire", Lo Cascio, Elio (ed.): Innovazione tecnica e progresso economico nel mondo romano, Edipuglia, Bari, ISBN978-88-7228-405-6, pp. 31–54
GDP of the Byzantine Empire
Milanovic, Branko (2006): "An Estimate of Average Income and Inequality in Byzantium around Year 1000", Review of Income and Wealth, Vol. 52, No. 3, pp. 449–470
European GDP per capita
Bairoch, Paul (1976): "Europe's Gross National Product: 1800–1975", Journal of European Economic History, Vol. 5, pp. 273–340
Angus Maddison — reviews and revisions
Maddison, Angus (2007): "Contours of the World Economy, 1–2030 AD. Essays in Macro-Economic History", Oxford University Press, ISBN978-0-19-922721-1, p. 379, table A.4.
Federico, Giovanni (2002): "The World Economy 0–2000 AD: A Review Article", European Review of Economic History, Vol. 6, No. 1, pp. 111–120 — review
Lo Cascio, Elio; Malanima, Paolo (Dec. 2009): "GDP in Pre-Modern Agrarian Economies (1–1820 AD). A Revision of the Estimates", Rivista di storia economica, Vol. 25, No. 3, pp. 391–420 — critique of Maddison's estimates
GirimartoDesaKantor Desa GirimartoPeta lokasi Desa GirimartoNegara IndonesiaProvinsiJawa TengahKabupatenWonogiriKecamatanGirimartoKode pos57683Kode Kemendagri33.12.22.2004 Luas3,96 km²Jumlah penduduk4.066 jiwa (2012)Kepadatan1.026,77 jiwa per km² (2012) Girimarto adalah desa di kecamatan Girimarto, Kabupaten Wonogiri, provinsi Jawa Tengah, Indonesia. Pembagian wilayah Desa Girimarto terdiri dari 7 dusun:[1] Donayan Girimarto Janti Kendal Nglabah Randusulur Senutan Pendidikan Le...
Jirayu La-ongmaneeLa-Ongmanee pada tahun 2014Nama asalจิรายุ ละอองมณีLahir29 Oktober 1995 (umur 28)Rayong, ThailandNama lainKao (เก้า)PendidikanUniversitas SrinakharinwirotPekerjaanPemeranpenyanyiTahun aktif2001-sekarangTinggi178 m (584 ft 0 in)PasanganViolette Wautier Jirayu La-ongmanee (Thai: จิรายุ ละอองมณีcode: th is deprecated ; RTGS: Chirayu La-ongmani; lahir 29 Oktober 1995), nama panggi...
Artikel ini mungkin terdampak dengan peristiwa terkini: Invasi Rusia ke Ukraina 2022. Informasi di halaman ini bisa berubah setiap saat. Alexander AnkvabАлықьсандр Анқәаб Presiden AbkhaziaMasa jabatan29 Mei 2011 – 1 Juni 2014(Pelaksana Tugas sampai 26 September 2011)Perdana MenteriSergei Shamba PendahuluSergei BagapshPenggantiValeri BganbaPerdana Menteri AbkhaziaMasa jabatan14 Februari 2005 – 13 Februari 2010PresidenSergei Bagapsh PendahuluNodar KhashbaPe...
Sir David Lean CBEPekerjaanSutradara, produser filmTahun aktif1942-1984Suami/istriIsabel Lean (1930-1936) Kay Walsh (1940-1949) Ann Todd (1949-1957) Leila Matkar (1960-1978) Sandra Hotz (1981-1984) Sandra Cooke (1990-1991) Sir David Lean (25 Maret 1908 – 16 April 1991) merupakan seorang sutradara berkebangsaan Inggris yang menjadi yang terkenal saat menyutradarai film-film tersebut seperti Lawrence of Arabia, The Bridge on the River Kwai, Doctor Zhivago dan A Passage to ...
GoiásCalcio Esmeraldino, Alviverde, Verdão Segni distintivi Uniformi di gara Casa Trasferta Colori sociali Verde, bianco Simboli Parrocchetto dal collare Dati societari Città Goiânia Nazione Brasile Confederazione CONMEBOL Federazione CBF Campionato Série B Fondazione 1943 Presidente Paulo Rogério Pinheiro Allenatore Zé Ricardo Stadio Serra Dourada(41 574 posti) Sito web www.goiasec.com.br Palmarès Trofei nazionali 28 Campionati Goiani3 Copa Centro-Oeste Si invita a seguir...
Doo-wop band This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages) This article does not cite any sources. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.Find sources: Joey and the Twisters – news · newspapers · books · scholar · JSTOR (August 2014) (Learn how and when to remove ...
Mokhatat Al-HaramainLingkunganNegaraArab SaudiProvinsiProvinsi MakkahPemerintahan • Wali kotaHani Abu Ras[1] • Gubernur kotaMish'al Al-SaudKetinggian12 m (39 ft)Zona waktuUTC+3 (AST) • Musim panas (DST)ASTKode pos(5 kode digit dimulai dari 23; e.g. 23434)Kode area telepon+966-12Situs webwww.jeddah.gov.sa/english/index.php Mokhatat Al-Haramain adalah sebuah permukiman padat penduduk di kota Jeddah di Provinsi Makkah, tepatnya di sebelah bar...
Novel by Samuel Beckett Watt 1953 Olympia Press editionAuthorSamuel BeckettCountryFranceLanguageEnglishPublisherOlympia PressPublication date1953 Watt was Samuel Beckett's second published novel in English. It was largely written on the run in the South of France during the Second World War and was first published by Maurice Girodias's Olympia Press in 1953. Gestation In the summer of 1945, Beckett gave the manuscript of Watt to his friend Leslie Daiken, in the hope that Daiken could find a p...
La bandiera Giordana unita a quella arcobaleno La Giordania avvolta dalla bandiera arcobaleno I diritti delle persone LGBT in Giordania sono considerati abbastanza avanzati, rispetto alla maggior parte degli altri paesi del Medio Oriente, sebbene non esistano tutele contro la discriminazione e per le coppie omosessuali. Indice 1 Diritto penale 2 Riconoscimento dei diritti LGBT 3 Media e stampa 4 Opinione pubblica 5 Tabella riassuntiva 6 Note 7 Altri progetti Diritto penale L'omosessualità er...
Monument Monument to the X-ray and Radium Martyrs of All Nations53°33′33″N 10°01′11″E / 53.559082°N 10.019790°E / 53.559082; 10.019790LocationSt George's Hospital, St Georg, Hamburg, GermanyCompletion date4 April 1936 (1936-04-04)Dedicated toEarly radiology workers who died as a result The Monument to the X-ray and Radium Martyrs of All Nations (also known as the X-ray Martyrs' Memorial) is a memorial in Hamburg, Germany, commemorat...
This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.Find sources: Chandrakona – news · newspapers · books · scholar · JSTOR (August 2020) (Learn how and when to remove this message) Town in West Bengal, IndiaChandrakonaTownPrayag film city at ChandrakonaChandrakonaLocation in West Bengal, IndiaShow map of West BengalChandrak...
Capital Area District LibrariesLocationIngham County, MichiganEstablished1998Branches13CollectionSize630,864Access and useCirculation2,288,317Population served≈ 243,677Members98,121Other informationBudget$10,625,814DirectorJolee Hamlin (interim)Employees222Websitewww.cadl.org Capital Area District Libraries (CADL) is a system of libraries in Ingham County, Michigan, United States. It was formed in 1998 by an agreement between Ingham County and the City of Lansing. It consists of thirteen li...
City in Connecticut, United States City in Connecticut, United StatesNew BritainCityCity of New BritainWest Main Street, Downtown New Britain FlagSealNickname(s): New Britski, Hard-Hittin’ New Britain, Hardware CityMotto(s): Industry fills the hive and enjoys the honey. Hartford County and Connecticut Capitol Planning Region and ConnecticutShow New BritainShow ConnecticutShow the United StatesCoordinates: 41°40′30″N 72°47′14″W / 41.67500°N 72.7...
Den här artikeln eller det här avsnittet innehåller inaktuella uppgifter och behöver uppdateras. (2022-03)Motivering: Den här artikeln innehåller inaktuella ekonomiska uppgifter. Data för 2020 finns på globalis.se/Statistik/bnp Hjälp gärna Wikipedia att åtgärda problemet genom att redigera artikeln eller diskutera saken på diskussionssidan. Världskarta över BNP per capita i US-dollar från IMF (2023)Det här är en lista över länder efter bruttonationalprodukt per capita med...
American mathematician David A. CoxDavid A. Cox, Oberwolfach 2007BornDavid Archibald Cox (1948-09-23) September 23, 1948 (age 75)Washington, D.C., USAlma materRice UniversityPrinceton UniversityOccupation(s)Mathematician, professor David Archibald Cox (born September 23, 1948, in Washington, D.C.[1]) is a retired[2] American mathematician, working in algebraic geometry. Cox graduated from Rice University with a bachelor's degree in 1970 and his Ph.D. in 1975 at Princ...
Sudut kota Ivano-Frankivsk Ivano-Frankivsk (Ukraina: Івано-Франківськ) merupakan sebuah kota historik di Ukraina. Kota ini letaknya di bagian barat. Tepatnya di Oblast Ivano-Frankivsk.[1] Pada tahun 2022, kota ini memiliki jumlah penduduk sebesar 238.195[2] jiwa dan memiliki luas wilayah 83,73 km². Kota ini memiliki angka kepadatan penduduk sebesar 2.752 jiwa/km². Kota kembar Baia Mare, Rumania Chrzanów, Polandia Rybnik, Polandia Referensi ^ The City of ...
Fort de la MontagneMontreal, Quebec Image of fort in front of Collège de MontréalCoordinates45°29′38″N 73°35′05″W / 45.4938°N 73.5846°W / 45.4938; -73.5846TypeFortSite informationControlled byNew France: QuebecSite historyBuilt1685In use1685-1854 National Historic Site of CanadaOfficial nameSulpician Towers / Fort de la Montagne National Historic Site of CanadaDesignated1970 Patrimoine culturel du QuébecTypeHistoric monumentDesignated1974 The ...
Chinese writer (1895–1976) Lin Yu-tang redirects here. For the long jumper, see Lin Yu-tang (long jumper). In this Chinese name, the family name is Lin (林). Lin Yutang林語堂Lin photographed in 1939 by Carl Van VechtenBorn(1895-10-10)October 10, 1895Banzai, FujianDiedMarch 26, 1976(1976-03-26) (aged 80)British Hong KongAlma materSaint John's UniversityHarvard UniversityLeipzig UniversityOccupation(s)Linguist, novelist, philosopher, translatorChinese nameTraditional Chines...
1847 novel by Charlotte Brontë This article is about the novel. For its title character, see Jane Eyre (character). For other uses, see Jane Eyre (disambiguation). Jane Eyre Title page of the first edition, 1847AuthorCharlotte BrontëLanguageEnglishGenreGothicBildungsromanRomanceSet inNorthern England, early 19th century[a]PublisherSmith, Elder & Co.Publication date19 October 1847 (1847-10-19)[1]Publication placeUnited KingdomMedia typePrintOCLC3163777Dew...