Nicely done video showing how the top 10 countries with the highest GDP 1960-2017. It’s fascinating to watch the transition of China from being fairly irrelevant to being a world economic power. Note that India (thanks to Nehruvian socialism) is still struggling to be relevant. Do watch the video full-screen mode.
It’s nice to see the transitions as a movie. However I recommend pausing the video at each year and noting the size of each economy. We should note that the data is regarding the GDP, not per capita GDP. So when China’s GDP is smaller than France’s, for example, we have to appreciate that China’s population was 10 times that of France. The gap between par capita GDP in the world is immense.
