The Share of GDP by Country Across Asia Since 1970
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- čas přidán 8. 05. 2022
- 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.
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Source:
World Bank & IMF
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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.
thank you
Thx, that's exactly the reason I came down to the comments.
They should have mentioned that in description.
ASEAN :handshake: EU
Only Singapore is considered to be industrialized
@@nehcooahnait7827 there's a difference between industrialized and Newly-industrialized
China went from a low of 6% to 44%, and Japan from a high of 61%
15%, basically no change in other countries
Which makes much more sense when you compare the population numbers.
@@snowstrobe if you like compare population, compare China and India. both China and India are improved, while Japan drop down
@@snowstrobe Japan has also much more population than France and Germany,
@@Emilechen They're already old
@@user-tx5rk3of5z Japan didn't drop down, it reached its economic potential peak, for a country the size of New Mexico, lying onthe ring of fire and prone to extreme natural diasters, an economy of 5 Trillion is ridiculously impressive! Kudos to the Japanese.
Basically almost 90% of China economy GDP grew at 1993-now and it started to grow at the rule of deng xiaoping
it started bcoz of western capitalist wanted to take avantage of China's cheap labor and big market, deng was just a sida effect
Thank you for Dr.Sun Yat Sen for create new era of China and Thank you to Deng Xiaoping for revive China
@@Squier123 its entry into WTO set up the train; so many international businesses from other countries e.g Japan/Taiwan/USA/EU shift their factories to the mainland which created a good environment for more than hundred of million to recover from the cultural revolution disaster. Many businesses are however shifting back to their own country or moving south into India/Vietnam/Indonesia now...
Actually it was Zhao Ziyang, the greatest and the most honest reformer in entire modern Chinese history.
1992-1994 is the peak of Japan economy, just blew my mind it took 60% of total asian economy
it never did. Theres no data about the soviet union here.
soviet union had most of its territory in asia, which included nowadays, armenia, azerbaijan, georgia, azerbaijan, all those stans in middle asia, and pretty big cities and insdustrial cities in siberia. It used to influence afghanistan, iran, mongolia, north korea, china and vietnam aswell.
@Your Father well, but then you are ignoring that the soviet union occupied the biggest portion of asia. There is no way that a person living in Novosibirsk or Vladivostok relates more to europe than asia, and even if they relate to it, they are still asians and should be included in this graph
@@oroncristal8735 China is the greatest civilization of human history🇨🇳💪🏼
@@oroncristal8735 Chinese trying to distort history🍌
It’s crazy as strong as China is right now, still can’t reach the dominance level of Japan at early 1990s
Because China's development has a pull-along effect, China's rise allows developing countries in Asia to take off together, while Japan obviously does not have this effect.
As you can see, the rise of China has not resulted in a shrinking share of GDP in other countries, but in Japan's share. It shows that Asia as a whole is in a period of steady rise, except for Japan.
Japan was highly industrialized even before WW2. They had a huge headstart and help from US Marshall Plan. The rest of Asia on the other hand is still developing and crippled because of colonialism and big corporations exploitation that continues after the war. It's still magical that China and SEA is still growing rapidly despite western domination of the world and how hard they tried to 'put us in our place'
@@user-nl2js1bk1p the rise of China is the rise of Asia, China rise together with Asian countries
@@irwanirwa4n794 China is increasing at a much faster rate than other Asian countries
Can’t imagine Japan once occupied over 60% of the whole continent
In 1820, China occupied 40% of the whole world.
In my childhood, no one dared to imagine that China's GDP could surpass Japan's. The most optimistic estimates at the time suggested that China would equal Japan by 2020 at best.
@@user-nl2js1bk1p 1990s?
@@aira4739 2000s
广场协议后日元飙升，日本人狂的都能买下整个美国了，后面经济停滞才晓得被美国佬阴了，算是当年打激素的
Japans dominance was insane
india superp00per 2050
@@oroncristal8735 Chinese trying to distort history🍌
@@indiancowpissdrinker7151 😅😅😅
It must be very sobering for India that despite all the tall talk, its position has actually fallen in the last 40-50 years.
Because China had a 30 year headstart over India in terms of opening it's markets :)
So it's obvious their economy will appear much larger.
2050 India will suprise you.
India superpower number 1 2100
@@awesomeguy6171 nahh not really. When China is in India's position, they're growing at 10%+. India can't even reach 10%
@@Rex-ww4cw ofcourse it will be more than India! China has an authoritarian regime, it's much easier to displace people and grab the land, so many human rights abuses took place against the labourers that absolutely went under the radar
Although India can never grow as fast as China because of it's democratic system, India is infact growing and at around 8% and it's large speaking English population as well as a democratic laws that safeguard companies gives India a slight edge over China in a long term perspective.
@@Rex-ww4cw You can't compare 20th century India to China as both were facing totally different scenarios at the world stage India went through 5 wars, multiple conflicts and unstability due to separatist forces worst relations with the west, which China didn't faced.
But Starting from 21th century it's largely India's fault because for past 20 years India has been quite stable but Still a trash economy
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.
Only because of Deng Xiaoping. At the same time, Mao ruined their economy.
China will not be that successful as now if Deng Xiaoping hadn't led China
Europe didn't stop making clothes etc because they are 'too lazy'... they are now earning income from other less environmentally destructive sources. Outsourcing the proces to countries llike China means they can get those products for much cheaper, while focussing on high-end products for themselves. And they didn't 'force' China to do anything, China actively sought out those opportunities.
Not just Deng Xiaoping, but also the leaders following him were reformists and opened up china even more to the world. Xi is the first one to stop or even reverse that trend, sadly
without Mao's industrial and military basis, china will be exploited by foreign capitals! an example of such country would be India.
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 😑😑
Don't worry brother we will overcome all the obstacles soon and become the global economic hub 👍
@@strange8628 when I said you are being rude
Thanks to congress for the things they did to exploit Indian economy from the last 70 years
China and Korea had a 30,40 year headstart over India in terms of opening it's markets. :)
Odds are, 2060 India will quite literally surprise you.
according to world bank and imf in mid 2029 india will be a 5 trillion dollar economy
Japan used to control 61% of Asia's economy. RISPEKT!
It's past and not coming back.
It never did. Theres no data on the soviet union.
@@alenev0031 That is still impressive for a country that size
song dynasty was close to 59% of global gdp, whags your point
These numbers mean little without the national debt, demographics, infrastructure growth, resources, etc.
East Asians fighting in the comments
Meanwhile me, a Turk who's content with the consistent little share we have in the chart: Why bother make it to the top?
@马列乱华 That is not true. 95% of Turkey's territory locates in Asia.
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%.
Thanks for saying this. Everyone keeps blaming plaza accords. They played a part but they are not the whole story
@@millevenon5853 Japan's growth slowed down when they switched to neoliberalism.
Why don’t you list the real grow rate of Japan from 1989 to 1995? Instead of listing indirect stuff like that just list data 😂 And that’s also when ppl switched from GNP to GDP to discount Japan’s exposing foreign possessions at the time
@@AndrewManook yes, yes neoliberalis, More yens More yens
@@AndrewManook how funny
The most surprising thing is not China, Japan or Korea, it is ASEAN combined is still ahead of India.
Just wait and see
@@paritoshdaurwal9484 wait to 3022？
@@leoray2859 no just 5 more years wana bet $100? "Indian gdp will surpass ASEAN BY 2027"?
@@paritoshdaurwal9484 bruh your country's population literally has more than double of ASEAN population
@@rizkifauzi7048 well how about per capita surpass in a decade?
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.
East Asia is unique in asia because-
1. Nation-states
2. Single language- single culture-unity
3. Inter regional trade and competition -initiated by japan which got westernised earlier.
All other countries like india, pakistan and indonesia have thousand of ethnic groups, caste groups and languages. Obviously, they would never develop.
@@Aman-qr6wi Ethnicity and language are not a problem,
Singapore has a diverse ethnicity and language.
The government has solved it very well
@@Aman-qr6wi lol..never develop??
Wait and watch kiddo
@@user-vi9cc3fg7v government had an iron fist ruling
@@user-vi9cc3fg7v yes, but its a han majority state which headed by a smart statesman in its early period.
South asia is one hell of a region. Thousand of castes group, interclass tensions, racism, apartheid etc. It's a big headache.
Crazy to think tiny S.Korea nearly surpassed China while Japan had 60 percent of Asia's ENTIRE GDP
@@user-uu56 w, it may look small but it packs some punch, either way I still hold it impressive that South Korea nearly surpassed the fucking chinese economy
@@Cecilia-ky3uw I love how it’s economy is even lower than a province of China nowadays. What a progress, China truly blow it out of water.
@@choccotacco4752 choccotacco, the progress will fade if china doesn't do things correctly, population decline, housing bubble, lack of an actual stock market, large corporate debt, and the average person still only producing 10k dollars annually compared to everyone else, I might be entirely wrong here but I think this boom is a temporary thing due to the population decline
@@Cecilia-ky3uw Yeah, it's projected to go downhill after this generation if certain issues aren't fixed.
@@Cecilia-ky3uw true
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
China has communist govt, whereas if has a democratic govt ! In democracy thing get a long time to get done! And China has 3x India's landmass basically meaning 3× resources!
@@alphacompany4837 Chinese growth was not due to their natural resources but cheap labour and industrial growth. If natural resources are the only things needed for growth then why countries like Venezuela or D.R. Congo are still poor. Lastly, China is just a communist country by name as their economy is totally capitalistic, just like India's
Idiot. China started progress in 1980 itself . India Started around 2000. So don't compare them.
India only liberalised it's economy in 1992 and only really got into effect around 2002 (India's pace is really slow)......China had a massive head start....Also India's democratic system is a joke where politicians are only concerned about winning elections and hence progress is done mostly for next 5 years and no long term vision...But things are starting to change now
@@alphacompany4837 Japan has no resources, same with South Korea, there is only so far you can go with excuses
ASEAN with less than half of Indian population surplussed India in terms of GDP. Amazing, you go ASEAN! 🇧🇳🇰🇭🇮🇩🇱🇦🇲🇾🇲🇲🇵🇭🇸🇬🇹🇭🇻🇳
Yup
Let's see if these countries can still hold the same position by 2030-33
Yep it will be interesting to see by the end of this decade
Best of luck to both from india 🇮🇳
Let's see what the future holds😉
1st of all ASEAN isn't a country . And 2022 GDP share of ASEAN and India is almost equal (this video ends in 2020 ) with India growing at 8% while ASEAN at 5% .
And If you see GDP PPP (which takes population and cost of living into account), then India's GDP is larger.
GDP PPP India- $ 11.7 trillion
GDP PPP ASEAN - $ 10.1 trillion.
en.m.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)
It's unfair to compare group of 10 nations with 1 nation alone . You need a group of many nations to compare yourself with 1 😂. Why don't you compare your ASEAN with economic blocs like BRICS or SCO (of which India is a part of) ?
And ASEAN's population is far more than EU's .ASEAN area is also more than EU or India but EU's GDP is 3x more than ASEAN .
Oh my India 🇮🇳! No progress at all still only 8%.
Somehow China is way better
lol...in the coming years india will exceed china. Simply bc it has democracy, human rights and checks and balance.
It will happen, China India was peacefully powerful paralleled at many point of history, it will happen again. Asia is raising!
@@jaymarx 印度不可能做到中国那样，就目前有两座大山：种姓制度和殖民主义。种姓制度不能解放底层老百姓的生产力，而殖民主义让印度不能完全自主。
@@he5511 Caste system is now non existent in India especially in my province Goa
Does anyone know the Music to this Video?
EAST Asia is so strong on economic
@@oroncristal8735 Chinese trying to distort history🍌
@@oroncristal8735 👈🐒💩
Russia, as Soviet Union once a superpower in 1980s even 2nd largest economy after USA. Tragically after dissolution of Soviet Union, currently Russia's economy is less powerful than tiny South Korea with the population only 30% of total Russia's population.
And thats why the US is going after China. To uphold their world order.
Just wait and see. Something interesting soon
Sad.
the GDP PPP of Russia is way bigger than SK.
@@Unos_mates_calentitos GDP PPP is a meaningless measure. Price is reflected on this. A country whose price is lower has a higher GDP PPP.
I wish South Asia and the Middle East a good future. they will see significant economic growth in the future.
*West Asia.
@@AndrewManook ok, it's more accurate to say so.
it may took 200 yrs.
@@AndrewManook Why did you have to correct him? Why do you not want prosperity for South Asians?
你错了，未来在东亚
80s-90s it's a Golden age of Japan
No Asian country can beat Japan in the 20th century
What is the country with the yellow slice? I don't recognize that flag.
It's a group of southheast country asean nations for example Indonesia Malaysia ,Burma , Vietnam, Singapore.
@@Shikhar_Pandey916 southeast, not northeast. There is no country in the northeast except for Russia
@@Shikhar_Pandey916
Ohhh, okay. I see now. Thank you.
@@le_meme_man8983 yes I got confused by Indian seven Sisters.
The customers have become competitors.
❤️ China God willing China became superpower in future I love China
💕💕💕💕💕🇵🇰🇹🇷🇨🇳💕💕💕💕
❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️
@@user-xo3hq1jm8c I love China I love Chinese people China is a true friend of China's development Pakistan's development God willing we were with china,we will be with china,we will be with china I love China Chinese people is great people
🤣🟥🟥🟥🟥🟥🟥🟥
🟦✌️✌️✌️
@@namdarkhan1348 kitna chato ge bhai bas , abb tak USA ka chate abb China ka chat rahe ho, khud se kab development karna chalu karo ge , kitna loan par chloge
0:49 The fun begins from 1995
1:01 Holy Shit thats some acceleration
North Korea: we east Asia is so awesome!
Mongolia: YES, yes
North Korea is poor. But he has nuclear weapons. And some Korean nationalists are proud of it.If the two Koreas are combined into one, then Korea will be one of the international powerhouses
@@user-xo3hq1jm8c 都是中国人你没必要跟我这个中国人唠英语😂
我和马斯克资产加起来是世界首富doge
Buthan: Im East Asia too. Im brother of Tibet. Pls look at me ㅜ_ㅜ
@@user-kk8ju5he7o but Nepal is South Asian
The Dragon is rising🐉🐉🇨🇳🇨🇳🇨🇳
Pls make a of americas too
The biggest mistake in Chinese history was the 40 years of seclusion in the Qing Dynasty. Now, China has learned enough lessons to regain its former Qing influence. This is a trend. In historical materialism, it means that the objective development law of affairs will not be changed by the subjective thoughts of individuals.
The seclusion started in late Ming dynasty. So really China started to go downhill before Qing dynasty.
The Great Tang Dynasty was the high culture point of Chinese history Tang Dynasty reached it's territorial peak in 660 CE.
China was one of the richest countries in the world in 1850. Then came the barbaric gangs of thieves and murderers, first Britain, then France, Germany, USA, Japan, etc. From 1850 to 1949, these barbaric gangs of thieves and murderers used violence against China, stole hundreds of trillions of dollars worth of Chinese wealth, murdered millions of Chinese, and destroyed the livelihood of the Chinese population. For that reason, China became a very poor country like a rich family becomes poor after gangsters have stolen most of its wealth. But now, with the rise of China in all fields, the barbaric gangs of thieves and murderers can no longer use brute force to steal Chinese wealth.
The Song dynasty was China’s economic high point, in which it held between 40-60% of the worlds wealth in 1100 AD, 3 times that of all of Europe combined. It was also the first country in recorded history to achieve noticeable rises in GDP per capita, the second to achieve this was a few city states in the renaissance and it was not until the Spanish looted the Tawantinsuyu and Aztec empires this happened in a relatively large scale. There was not a large scale increase in GDP per capita due to internal reasons until the industrial revolution.
China’s dominance ended because of the Jiankiang incident, or when the Chinese began to fear the outside world due to the horrible brutality of the Jurchen Jin. The mongols took over China shortly after and added more brutality. Afterwords China adopted isolationist policies because the Song Dynasty’s open behavior was at the time believed to have caused this.
It’s funny how the smallest dynasty(song) was the richest and most culturally strong whereas the weakest(Qing, Yuan, Ming) were the largest.
Which dynasty is considered to be most influencial in China? I don't know much about chinese history.
Respect china from India.. Chinese hard work people's
*Modern slavery*
i thought indians hate chinese
@@DARamMz that's what Pakistani do
Actually Chinese people are not that diligent，every county's people are diligent during their economic take-off time，and then began to lower the rhythm、enjoy life and focus on leisure and entertainment.
谢谢印度兄弟
From wich country is the blue flag asocieted with the yellow color?
What's the music?
Interesting how unimportant Russia is on the Asian continent...selfdeclared world power without any importance...
Importance of Russia is everywhere. Why do you think the food prices, crude prices is shooting up? Russia is number 1 when it comes to wheat and fertilizer exports. Without fertilizer the world can't produce enough food to feed it's population. Apart from these, Russia has the largest natural gas reserves.
And do not forget that this is despite the decades of Sanctions.
Sanctioned country + Nukes + Land Size + USSR in the past which USA felt very threatened by.
@@vishu4712 There is no relevant importance of russia. 20% inflation in russia already...thats the real deal. And if russia is so good in producing food...then why it had so many starving people in its past?
This is why Asian countries don't actually care about the war between Russia and Ukraine
Can you show the share of PPP by all countries?
PPP doesn't make sense because Asian countries do not collect prices accurately.
@@longtaoyou2931 Makes more sense than nominal.
Real GDP is better than PPP
can you make un umpdated on this video with 2022 data?
what is that background music name?
No matter how we evaluate human rights in china but they deserve respect foe thier dominance
I don't think Indians have any right to talk about human rights elsewhere lol.
Say the Indian whose country preserve caste system. Lol
@@AndrewManook And you have no right to say anything about India ...
Lizard rapists
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
🇯🇵❤️🙏🏻
It won't be fair comparing Bengalis to the Japanese, just 50 years ago they saw what many can say probably the worst mass killings of modern history, more than a million Bengali women Raped...
Yet the Bengalis with not much external support played it's cards right and is now on it's way to lift millions out of poverty.
Kudos to the Bengalis
@@awesomeguy6171 Not much external support? You forgetting India? USSR? And other allies who supported these two countries like Israel?
@@sourabhnagar5831 India was a relatively poor country, it in no shape or form had the wealth and significance that it has NOW.
Infact India's forex reserves were depleting. Supporting in the war is different and then pumping huge amounts of funds blindly like What US did with Japan, western Europe and Israel is different.
USA aids go brrrrrrrrr
@@sourabhnagar5831 we drived out Pakistanis with direct military along with small help from Israel too , and USSR drived out American and British carriers from the bay of Bengal , we provided them with military aid and not food aid really , still our job was pretty much done and Pakistan surrendered
Can you make 2022 China vs other Asian countries?
great again japan
Japan was really a leading example for Asia in the 20th century 🇯🇵
Japan was evil as hell. Of all the countries on this planet, to me Japan is the most hated country.
Partly because of America for it's economic support
@@prasanth2601 Mostly because of talents and skills.
@@danghoangluong2942 Ofc yes, but US gave boost to Japan's economy
@@prasanth2601 Nope. Japanese built. Then is does Japan invent more than the US? Japanese companies are still more innovative than American ones. Go see inventions by country, go see which countries make the most patents.
In the 80s, Japan was a hair away from beating the American economy altogether despite being 1/3rd the population.
Is it nominal? Or PPP?
Do the Americas next
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
India ; )
Oh yes salty indians would be getting mad lmfao
@@THELASTWORKINGTOILETOFINDIA 😂😂😂
Without US aid Japan would not have become an economic superpower
Japan, a small country with 60%, is crazy
Да, маленькая страна, грабящая долгие годы всю Азию - ВОТ истинные истоки еë могущества
Japan isnt small dude the distance from north to south is similiar to the distance from New York City to Orlando
@@az0989ejdje he means population
@@Hello-uk5xp 126M ppl isnt small either its in the top 15
Japan is even bigger than Italy, UK, and Germany. Their population is almost 130millions. It is funny why people still consider Japan as a small country. Japan is a big country.
Music name pls
Can you do it for Europe please
The main reason Japan looks down on her once powerful mentor , China
1998~
turkey:It's cramped
Saudi Arabia :It's cramped
india:It's cramped
s.korea:It's cramped
china:okok I'm take japan
China: aiite im bout to pull a pro gamer move
Soundtrack name, please.
Respect Chinese Politicians and People of China from Indian deshbhakths.
ty brother
@@user-ex9gm9rl5s yo do Chinese use yt
Ur name looks indian lol
@@monke3858 And you need to add a single last digit in your name too. Lol that's Y
Buddha bless you
Japan is the strongest country in Asia.
Nah, India is #1. Modi had said the 21st century is India's century. Please learn how to do a basic fact finding.
WAS
@@THELASTWORKINGTOILETOFINDIA 🤭
Soundtrack please
The black part is small GDP nations combined
Russia is an Europe country.
But its majority territory falls under Asia.
@@user-ew5vj1sl1u Territory doesn't matter. Population does, and the majority is in europe
@@redhidinghood9337 Its more of a Eurasian country. We call such countries as transcontinental countries. Eg - Russia, Turkey, Egypt, France, etc.
@@redhidinghood9337 Also last time I looked, territory mattered more than people. (Looking at you Russia)
who cares
That's the power of Japan.
These numbers mean little without the national debt, demographics, infrastructure growth, resources, etc.
whats the bgm called
Since 2000 fire nation is invading the chart
If Japan is a stock I would sell immediately and buy ASEAN although my bulk would still be in China
2021 China mainland China 48%
If the video continues to 2022, The latest figure is:
China (47.8%)
Japan (11.8%)
Source: en.wikipedia.org/wiki/List_of_continents_by_GDP
its 2022 .why only upto 2020 ??
Title :- Share of GDP by country
*Including ASEAN
The comments section reeks of insecurity. Chinese struggling to justify Japan's dominance and continued over performance on a per capita basis, Indians struggling to justify India being behind China, Japan and even ASEAN, both promising their country is going to be/already is crazy developed, etc.
I'll just say that Japan's development has been incredible ever since the 19th century, China's recent growth has been amazing, ASEAN and SK haven't gotten much fanfare but they have quite impressive growth in the last few decades as well, ans I hope all of them as well as India (and Turkey for good measure) have a prosperous future and hopefully people care more about quality of life than a dick measuring competition eventually.
Good point, people really need to get a life, they always get the negativities. Why don't think in good ways, as we can go further, stronger, rich together. Make it as encourage to be better person. Start with yourself.
lndia ranks 101 out of 106 in the world hunger index 2021. 90% of lndians have no access to toilets.
After years of "growth", lndia's per capita GDP now falls behind Bangladesh.
90% 😑 even underdeveloped countries will have more toilet access then this that's why facts check is very important , no doubt why pakistan is not developing that's because there no human there but donkeys are being manufactured and exported to China in behalf of loan relief 🤭 , and plz share your so called fake narritive of lack of 90% toilet access 😂 ,and about food hey dumb shit India is among largest food producers , comon be mature man , this type of comments will just bring u shame
what is even more comical is that they kept boasting they are world fastest growing economy 🤭🤣, yet they were having negative growth on year 2020-2021. Yes indeed, "world fastest growing". They do not have a basic understanding that growth is always fluctuating and that title is always switching hands.
Almost all of India has toilets now. You are just spitting random bullshit from the Internet. India has a surplus of grain but we lack the distribution infrastructure. And India's and Bangladesh's gdp per capita is off by only a few dollars. The reason being that India has a population four times greater than that of Bangladesh.
90%!!. At least google anything before saying 😂
@@dazzaldavid at least try to google what your PM said before talking big. does not matter 90% or whatever percentage. Your PM said India is 100% ODF on year 2019 so if it is true that it is 90% ODF on year 2021, that means your PM is "honest".🤣
Love from Goa😘😘
quelle fleur es-tu fille?
@@dellangloise9549 ??? Rose
Which country is illustrated in yellow color?
ASEAN or Association of South East Asian Nations.
please make a video on gdp per capita of Asia/world based on most recent IMF World Economic Outlook from 2022-2027.
神奇的是，除了日本没有人的份额减少。
而日本经济的实际规模也并未减少，单纯的比例缩小。
也就是说，中国在带领日本以外的所有国家一起腾飞。
Yeah, because japan has already reached it's peak while most other countries haven't even finished their infrastructure. Once infrastructure and industrialization is complete you'll see how hard it is to grow
Japan's political problem.
True. Japan's economy never decreases. it stays the same. it is just a matter of proportion that is why China's economy looks bigger than Japan but in reality Japan maintain its economy. 😁
印度的份额减少了
Just shows you how china is ahead of its peers
Please do of Indian states
China is unstoppable. Respect China from India.
If anybody knows, India was projected superpower untill 2020, it ended up 102 at the Global Hunger Index in 2021 😂
Recently Pakistan government / surrender Army imposed ban on import of luxury goods.
Pottystan 36%poverty rate🤣🤣
based
🇰🇵君さぁ…経済活動しようよ
ASEAN is the largest trading partner
NO?
Jesus Christ! People forget just how massive Japan was!! At its peak Japans wealth accounted for more than half of all the wealth in Asia. I doubt something of that magnitude can ever be seen again. China may be large, but India is catching up.. its not gonna monopolize the share of GDP the same way Japan did in the 90s.
Catching up? lmao they're not even 20% of China's GDP. WorldBank data for the year ending 2021 ---> China's GDP = 17.73 trillion whereas India's GDP = 3.17 trillion. Do you even know basic math and can you even see the GAP? 🤣
ASEAN keep it up💪Hope we will grow stronger in the future
No😂😂😂
Because China, Japan, Korea, and India are investing in Asean. Thanks for them. they will make Asean stronger than the Middle East and as strong as Europe.
India fell from 13℅ in 1970 to 3.8℅ in 1994 and then reached 8℅ in 2020 wow
8😂😂
@@ffm2764bcz of war against West in 1971 they shadow banned India till 1998 we made our nuks they surrender and ease trade restrictions on us and after 2005-6 nuke deal with USA sorted out all differences since then actually India economy in real come on track ! At same 1970s period ccp be friended West and ditch Soviets ! The guy Henry kissinger is the reason why we live in current reality he stopped every possible investment in India and make West totally depends on CCP ! What u think ? Only China had cheap labour? As of now still India have highest graduates but bcz of no job mostly leave before also same situation many companies tried to cash on Indian population but American government shadow banned India ! After y2k book IT companies of USA found loop to use workers of India by outsourcing jobs ! By not set up any factory or anything they used indian worker's and simply exploit them these capitalist can't be controlled much ! When India Will grow all world will grow cuz India holds world's 17 % population
Where is our son Pakistan and Bangladesh??
Love from India
Russia deciding if they want to have a fifth of the chart or an eighth.
I will never understand why the comment section always feels obliged to start posting propaganda for themselves
Note this is by nominal value. In purchasing power parity, India is the world's #3 largest economy (almost $10 trillion) while Japan is #4. And under PPP, China has more than 50% of Asia's GDP.
PPP is not useful when we’re talking about international matters.
@@zedero8 But "international matter" only ever accounts for a small slice of the economy, especially for countries as large as China/India. The domestic component accounts for 80% of the economy of both countries. When a Chinese/Indian spends money, they are paying in local currency for overwhelmingly locally produced goods. The equivalent of a USD in those countries go much further than in more "developed" countries. PPP is a far better measure how much "stuff" is actually produced, and how well people actually live. E.g., the average Indian is definitely NOT 20 times worse off than a Japanese. PPP gets you closer to the true answer of 5 times, not 20 times.
@@pineapplesareyummy6352 this is literally an international comparison though, so nominal better reflects the size of their respective economies 🤷🏻♂️
If we went by PPP India would be supposed to have a stronger and bigger economy than that of Japan, the UK and France. Something that isn’t the case.
@@zedero8 But India *IS* a bigger and stronger economy than Japan, UK and France, and that's the point! India has 1.4 billion people. It produces far more in quantities of food, consumer goods that their people need than Japan or the European countries which have much smaller populations. Yes, it is true that the advanced economies do produce more sophisticated goods, but GDP isn't a measure of that. GDP is total aggregate value. About being a stronger economy: India is actually self sufficient in food, they can launch its own satellites, and do other things that supposedly more "sophisticated" economies cannot. India is more or less self sufficient on a large variety of consumer and industrial goods which they export to the world, because as a bigger economy with more land/people, they are more robust against foreign trade disruptions than Japan, UK and France.
@@pineapplesareyummy6352 lol Delusional!!!
PPP means nothing, it's just for comparing other country to US, that's why both US Nominal and PPP equal to 1.
Can you purchase oil or commodity with your PPP number? No
why was ASEAN merged?
Why you didn't put Indonesia in stats since Indonesian GDP bigger than Turkey?
No
@@azisbers4645 why no
@@agussaputro2113 They all come under ASEAN (yellow colour)
@@JitzyJT Indonesia should stand alone
@@agussaputro2113 yes but since Asean is mentioned here I don't think Indonesia will be put up as a seperate nation....
The fact that you are using English means that you ought to be using the English's unit of measurement if you wish to be understood in an English speaking platform or English titled video. Indians thinking they are such a big deal by using their indigenous unit of measurement such as "crore" in here lol. They overestimated themselves thinking their numbering system have some sort of global influence on the entire world.🤭
What's the Indian numbering system?
Yellow which country?
I would also like to know that
ASEAN combined
Association of Southeast Asian Nations (ASEAN)
Yeah I was surprised by yellow too
Asian should work together
Our old neighbors, where are you ? come on and back to you position
India Persia Arabs , come on~
back to your history, back to your great plz
the old Asia now blooming
It will take time for india 🤧 , but congrats china on regaining what it's actually is become the king again love and respect from india.
Japan : China is a threat. We must stand together with the US. 🤣🤣
LOL!!
Actually Japan's economy was brought down by its 'dad' --US, because it threatened latter's eco position in 80s and 90s，which proved that even a 'democratic' country that threatens the position of US，the overlord will fix you anyway. But most people in the world are still stupid，they believe what the US says，willing to be a pawn of 'dad‘.（If Japanese thought as you say，they are hopelessly stupid.）
Meanwhile china :- having border dispute with every single neighbouring country
@@rohit_roy_07 1. No dispute with Pakistan、Kyrgyzstan、Tajikistan、Kazakhstan、Mongolia、N-Korea、Nepal、Laos……，'every'？？😆Anti-sinoers always express opinions absolutely，idiotically. 2. China in dispute with any other country，it's China's fault anyway，this is more idiotic. 🙂Childish babies. ~
@@rohit_roy_07 1. No dispute with Pakistan、Kyrgyzstan、Tajikistan、Kazakhstan、Mongolia、N-Korea、Nepal、Laos……，'every'？？😆Anti-sinoers always express opinions absolutely，idiotically. 2. China in dispute with any other country，it's China's fault anyway，this is more idiotic. 🙂Childish babies. ~
Japan Rules!! 🇯🇵
Correction, Japan "ruled".
@@alenev0031 like in the 40s
@@alenev0031 nah it still rules!
everybody is talking about China and Japan and nobody talks about South Korea which grew faster, and their economy is growing tremendously..very less population yet $2trillion GDP, with $31,000 per capita income..
$31,000 per capita income???
You must be high.....
@@BSPBuilder
"South Korea gdp per capita for 2021 was $34,758, a 10% increase from 2020. South Korea gdp per capita for 2020 was $31,598, a 0.96% decline from 2019. South Korea gdp per capita for 2019 was $31,902, a 4.59% decline from 2018. South Korea gdp per capita for 2018 was $33,437, a 5.76% increase from 2017."
Next time make sure to properly educate yourself..i see lots of ilks like you with low knowledge comes here commenting from your ar$e..South Korea has far higher living standard than many in western nation. And they does not have homeless and drug addicts roaming the streets like in US
@@oroncristal8735 the current culture of Japan is nothing like that of China and this is coming from somebody who has has studied and worked in Japan for long time..nor the language, or the public interaction, they way they treat others is anyway similar to chinese..Yes, migration does happens, but its like saying Racial genes of Europe was improved by Middle East..What Japan and Korea is today has nothing to do with China
@@bharatvarsha7 Please tell the difference GDP per capita vs average income before embarrassing yourself.
@@oroncristal8735 So what. Are you trying to say that such things in the past are directly linked to the economic development of Japan and other countries today? ridiculous😂😂
1960s-1990s is Japan Golden age
Ok, China has a huge rise, but how can that little Japan with 1/12 the population of China can reach 60% the share of GDP?
1.totally undevelopment of most of asia countries at that period of time. 2 The legacy assets from Japan empire time.
3.hard working 4.easy to get top level west IP
But Japan no hope Gdp 1995 5,5 trilion.. Gdp 2021 5,1 Trilion.. China 1995 Gdp 300 bilion poorest in the World.. 2021.. Gdp 17,7 trilion still grow fast.
Kid, you live in the past, present or in the future?
Japan is the first non western country to realize industrialization.
Even today, Asian countries other than Japan, South Korea, Taiwan, and Singapore can still be said to be developing countries.
Russia is not Asian country , and the mostly population is live in Europe ,please correct it
Der größte Teil dieses kommunistischen Landes liegt aber in Asien
2 strongest countries in Asia: China and Japan.
China is not strong
🇨🇳0:3🇻🇳 remember?
Korea Japan won the Asian cup
China is zero trophy in Asia
@@oroncristal8735 omg stop spamming
I wonder if Japan gonna change stuff or keep following American orders. lol.
Too late for Japan, they are part the US system after US made them bend the knee in a trade war, +20years ago.
Well it’s not like Japan have a choice, they HAVE TO follow the USA under those treaty and military forces stationed there
What a bullshit are you talking about, only problem they have is declining population
They didn't lose GDP share because their economy shrank (they are still very rich), they lost share because China's GDP increased. Which was a good thing when you factor in the population difference.
America has little to do with modern day fall of japan. Demographics are its biggest problem. There just isn't enough young people to work