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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. GDP dollar (international dollar) estimates here are derived from PPP estimates.
In these lists, the term country corresponds to the geographical region of the country being referred to, not the country itself. For example, India refers mainly to the Indian subcontinent, as the current country existed as various kingdoms for most of its history. As a result, there is a lack of inclusion of various empires in the pre-1500 lists which crossed regional boundaries, such as the Arab and Mongol empires. Most of the information below are based on estimates by economic historian Angus Maddison, former head of the Organisation for Economic Co-operation and Development. Estimates are for the periods from the 1st century to 1998, with figures in millions of international dollars. Shares of world GDP are also given. It should also be noted that these are estimates mainly from Angus Maddison's work and several other economists have created different rank lists.
- ^ a b c d 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).
- ^ a b c d e These estimates refer to the combined economy of the various states located in the region corresponding to the former Soviet Union.
- ^ a b c These estimates refer to the combined economy of the various states located in the region now corresponding to the United States.
- ^ The combined GDP of the United Kingdom, British India, Ireland, Canada, Australia, New Zealand, Ceylon, Hong Kong, Singapore and South Africa is about $265 billion in 1870, in Maddison (2006).
- ^ The combined GDP of the United Kingdom, British India, Ireland, 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.
[edit] Bibliography
- Angus Maddison. The World Economy: A Millennial Perspective. OECD, Paris, 2001.
- Angus Maddison. Historical Statistics for the World Economy: 1-2003 AD. OECD, Paris, 2006.
- Raymond W. Goldsmith. "An estimate of the size and structure of the national product of the Early Roman Empire", Journal of the International Association for Research in Income and Wealth, Series 30 (p. 263 - 288), 1984.
[edit] See also
- Region specific
