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Animated chart of the day: World’s ten largest economies, 1971 to 2017 – Publications – AEI

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AEI Animated chart of the day: World’s ten largest economies, 1971 to 2017 Here’s another animated “bar chart race” visualization I created of the world’s ten largest economies annually from 1970 to 2017 using United Nations data here. Notice that China was in the bottom half of the world’s ten largest economies until about 2000, when it passed Italy, and then France, UK, Germany in the 2000s before passing Japan in about 2010. Also note Japan’s dramatic rise from the mid-1980s to the mid-1990s compared to Germany and France before slowing down a bit. It’s also interesting that the economies of Germany and Japan were about equal in the early 1970s, but by 1986, Japan’s economy was twice the size of Germany’s, and by 2000 Japan’s economy was 2.5 times the size of Germany’s. But by 2017,

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AEI
Animated chart of the day: World’s ten largest economies, 1971 to 2017

Here’s another animated “bar chart race” visualization I created of the world’s ten largest economies annually from 1970 to 2017 using United Nations data here. Notice that China was in the bottom half of the world’s ten largest economies until about 2000, when it passed Italy, and then France, UK, Germany in the 2000s before passing Japan in about 2010. Also note Japan’s dramatic rise from the mid-1980s to the mid-1990s compared to Germany and France before slowing down a bit. It’s also interesting that the economies of Germany and Japan were about equal in the early 1970s, but by 1986, Japan’s economy was twice the size of Germany’s, and by 2000 Japan’s economy was 2.5 times the size of Germany’s. But by 2017, the Japan-Germany ratio was only 1.3-to-1 due to growth in Germany’s GDP outpacing Japan’s growth. The United Nations also has data on GDP per capita over the same time period, so maybe I’ll create a visualization for those data.

Animated chart of the day: World’s ten largest economies, 1971 to 2017
Mark Perry

Mark Perry
Mark J. Perry is concurrently a scholar at AEI and a professor of economics and finance at the University of Michigan’s Flint campus. He is best known as the creator and editor of the popular economics blog Carpe Diem. At AEI, Perry writes about economic and financial issues for American.com and the AEIdeas blog.

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