China and India accounted for half the global economy in 1820!


Venture Capitalists make good bloggers because they often have a broad view of the world. I just found this fascinating graph over at Ed Sim’s blog that compares GDP for US, India, and China from 1820 to 2001.

The amazing thing is that back in 1820 India and China together accounted for fully half of the global economy!

What we typically describe now as “the rise of China and India” in the modern economy is actually a *resurgence* of two economic superpowers from their previous dominance. With a little help from … Wal -Mart.
Share of GDP

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About JoeDuck

Internet Travel Guy, Father of 2, small town Oregon life. BS Botany from UW Madison Wisconsin, MS Social Sciences from Southern Oregon. Top interests outside of my family's well being are: Internet Technology, Online Travel, Globalization, China, Table Tennis, Real Estate, The Singularity.
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3 Responses to China and India accounted for half the global economy in 1820!

  1. ilambiquated says:

    With very little help from Walmart. India and China aren’t just growing faster than the US. They are actually contributing more to global growth. Put another way, the total increase in output of India+China was greater than the total increase in output of the US.

    Even if the US dips into a recession, which is a real risk next year, it won’t stop the relative rise of the BRIC countries.

  2. g says:

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