Top 15 Countries By GDP (1600-2019)

This video will compare the top 10 countries by gross domestic product. Gross domestic product, or GDP, is the monetary measure of the market value of all the final goods and services produced in a specific time period by countries. It is calculated using the formula: GDP = Consumption + Investment + Government Investment + (Exports - Imports). This is the first iteration of the historical GDP series on this channel. I wanted to create a video that compared the top historical countries by GDP. Other videos on YouTube use modern borders for the entirety of the comparison, which is not historically accurate. But this video uses the historical empires (Mughal Empire, Qing Dynasty, Prussia, Empire of Japan, etc.) which makes it the most accurate. However, since this comparison goes back so far into the past, the numbers should only be take as an estimate as most historians don't even agree on a specific number.

*Update: Here is a more updated and accurate version of a GDP video:

**I am the only person doing the animations, coding, and music/video editing, and I do not have a team of editors doing any work for me. On average, a video project takes me about a month to complete, but usually it takes much longer. This video in particular took me three months to complete since it goes back four centuries.

***My videos are created using a 5 step process:
The first step is finding the inspiration for an idea. This could come from current events, suggestions from viewers, or interesting data that I self curated.
The second step is the research. Before creating a topic for a video, research needs to be done to understand the topic in full, and why the numbers are what they are.
The third step is data collecting. I’ll research through historical texts, articles, and organization websites to create a dataset on the topic.
The fourth step is to animate the dataset. I use a variety of animation and coding softwares, such as Flourish, Power Bi, Excel 3D, Adobe After effects, Motion, and more.
The fifth and final step is to export the animation over to Final Cut Pro to cut, edit, and enliven the overall project. I’ll add images, additional information, and after effects to turn what was once a dataset of numbers into a colorful project.

Music: Egmont Overture by Beethoven - Kevin Macleod

Works Cited:

[RankingCharts]

*99.5% of you guys are NOT subscribed to this channel, so be sure you hit that subscribe button if you would like to see more videos. It would be greatly appreciated!

An updated and more accurate version of this video has been uploaded here:

[amritraj]

For those who don't know
Great ming= China
Mughal Empire=India

[DrewPicklesTheDark]

US: Europe's at war? Time to profit.

[-xolyon-]

when a company is more wealthy than the country it comes from

[davidemercurio]

0:00 Great Ming and Mughal Empire are the world's greatest economic powers (1600)
0:29 Mughal Empire overtakes Great Ming (1638)
0:35 Great Ming becomes Great Qing (1644)
0:57 Great Qing overtakes Mughal Empire (1672)
2:05 Mughal Empire becomes British East India Company (1758)
3:25 British East India Company becomes British Raj (1858)
3:42 United States overtakes British Raj (1880)
3:50 United States overtakes Great Qing (1890)
4:14 Germany overtakes Great Qing (1906)
4:30 Republic of China overtakes Germany (1913)
4:38 United Kingdom overtakes Republic of China (1917)
4:45 Republic of China overtakes United Kingdom (1919)
4:55 United Kingdom overtakes Republic of China (1923)
5:11 Republic of China overtakes United Kingdom (1930)
5:18 United Kingdom overtakes Republic of China (1933)
5:24 Republic of China overtakes United Kingdom (1935)
5:30 Germany overtakes Republic of China (1938)
5:45 Soviet Union overtakes Germany (1943)
7:10 Japan overtakes Soviet Union (1977)
8:33 China overtakes Japan (2009)
9:03 United States and China are the world's greatest economic powers (2019)

[fzzy]

i like how germany always managed to get to second place right before both world wars

[bilelazzez]

Props to Italy for being comfortably and constantly in the middle of the chart for 500 years

[blakejohnson]

The real winner here is the guy thats been tracking this for 400 years.

[prasanth]

Things I'd like to share
->Germany managed to outperform it's Euro neighbors and even went toe-toe with US economy
->Jp barely the size of california managed to reach 78% of US economy (although it's a big bubble)
->RoChina despite being war-torn did it's best in competing with major powers until 1935
->Impact of Mughal rule on India's economy and how British sucked wealth out of India
->The US being the world's largest economy ever since 1890 and still pushing it's limits till this day

[eggscheese]

Switzerland be like: they might have all the money but its in my banks

[madavarams]

If there's one thing I realize from this map, it's that if Germany manages to reach 2nd place, there'll be a world war

edit: Thanks for the likes :-)

[IkissyJesus]

I just stared a bunch of colored lines for nearly ten minutes and enjoyed it.

[marcboyer]

US during ww1: business is booming
US during great depression: business is dooming

[judeau]

that 80’s-90’s tech boom from Japan was no joke

[jacobcooney]

The rest of the world during WWII: "Oh God we're hemorrhaging money!"
The US during WWII:

[petero]

1772 : Belgium enters the list. Pretty strong for a country that didn't exist before 1830.

[kwak]

As a Canadian, I'm just happy we were part of the list. Thank you and sorry.

[AR-wsgr]

Germany did well to come back so quickly after reunification

[kitrichardson]

Interesting that China had the biggest economy in the world for hundreds of years until the United States overtook it in 1890.

[calebbyars]

1776- America has entered the chat
America- how does this work?
America 1880- nvm I figured it out