Top 20 Country GDP PPP History & Projection 1800 2040 historical gdp by country world gdp 1900 2016
Description
This video shows the Top 20 countries with the highest GDP PPP from 1800 to 2040 based on 2011 international dollars. It gives a brief history of the world since the 1800s. China and India were ahead before the 1900s while the US started leading after the 20th century.
Purchasing power parity (PPP) is a neoclassical economic theory that states that the exchange rate between two countries is equal to the ratio of the currencies' respective purchasing power.
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Source:
The Angus Maddison Project & World Bank
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