The Share of GDP by Country Across Asia Since 1970

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The video shows the timelapse of GDP share across the continent of Asia from 1970 to 2020. Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of a given country’s economic health.

Source:
World Bank & IMF

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China went from a low of 6% to 44%, and Japan from a high of 61%
15%, basically no change in other countries

sayoyue
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For people who may not know, the blue flag in this video is the flag of the Association of Southeast Asian Nation or ASEAN. This organization is consisted of 10 Southeast Asian countries - Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. Many contries in this group, with high investment from developed economy, have become the newly - industrialized countries in recent years.

thboy
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Can’t imagine Japan once occupied over 60% of the whole continent

zitaulomong
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It’s crazy as strong as China is right now, still can’t reach the dominance level of Japan at early 1990s

happyliferay
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It’s very impressive how a country that had the land area of only 0.8% of whole Asia had 61% of its entire GDP.

Cheolssip
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1992-1994 is the peak of Japan economy, just blew my mind it took 60% of total asian economy

AhmadFauzi-mwgq
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It must be very sobering for India that despite all the tall talk, its position has actually fallen in the last 40-50 years.

RajeshRaj-mxrm
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Basically almost 90% of China economy GDP grew at 1993-now and it started to grow at the rule of deng xiaoping

TPMPHackerz
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I cant believe having population of 125 million japan have 5 trillion dollar economy while my country india despite having population of 1.4 billion is dreaming of becoming 5 trillion economy for many years and yet still struggling 😑😑

strange
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China has become so powerful economically because during the reign of Deng Xiaoping, economic reforms were introduced, thanks to which the Chinese economy doubled in the 1980s. Also, Europe was too lazy to make clothes and phones at home; and they forced China to produce their goods. And it has reached the point that China is the largest trading partner for 80% of all countries in the world.

maxikstreed
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The most surprising thing is not China, Japan or Korea, it is ASEAN combined is still ahead of India.

longtaoyou
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China and Japan are amazing.Specifically, East Asia as a whole is doing well.East Asia accounts for one third of the population of Asia, However, it has created nearly two-thirds of the whole value in Asia.

hahaha
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ASEAN with less than half of Indian population surplussed India in terms of GDP. Amazing, you go ASEAN! 🇧🇳🇰🇭🇮🇩🇱🇦🇲🇾🇲🇲🇵🇭🇸🇬🇹🇭🇻🇳

Allan-zuis
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From 1985 to 1995, Japan's nominal USD GDP grew more than 3 times, meanwhile JPY to USD exchange ratio got 307% revaluation up to USD in this decade.
So when Japan got its 5 trillions USD nominal GDP in 1995, mostly because currency manipulation, not real growth at all. It only grew 29% in JPY nominal and the real growth would be below 20%.

coryplum
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Even having a small population than China, India, Pakistan, Russia, Indonesia and Bangladesh Japan managed to maintain more than half of Asia's GDP.
It's only because of their hard work as a nation.
Respect for Japan
🇯🇵❤️🙏🏻

SaadAliArts
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2 strongest countries in Asia: China and Japan.

davidchin
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It's crazy to think that a small island with small population can make up 60% GDP of the Asia. Japan is truly impressive.

thaianvugia
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The customers have become competitors.

DMarinari
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Japan became 2nd biggest economy after 3 or 4 decade after complete devastation and even being nuked
Whereas in 3rd world countries you'll find people still blaming colonizers for their current poor scenario
This mentality itself is one of the reason why Japan is Japan Germany is Germany even after losing war but 3rd worlds are 3rd worlds

unconscious
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Everybody saying that India is developing so qiuckly and it will become a superpower should watch this video. India's share in Asian gdp remained same from 1970 till present which shows that indian economy grew just at the same rate as any other asian country, meanwhile china's share in Asian gdp simply skyrocketed

danialamin