Why is Russia in the European Pie (green) and yet colored Red in Map?
Crazy just how much Germany is ahead of its European neighbors and the gap does not look like it’s getting smaller anytime soon, on the contrary, the new investments planned will probably separate the country even more from the UK and France.
France covers all Africa and Germany South America. Europe is still doing OK, whatever we may say.
The perfect illustration as to why European countries needs to be aligned in a Union. If we tried to stay apart we’d be eatin alive by the big world players.
It always surprises me that Russia’s GDP is so small. They are geopolitically a main actor and they barely surpass Spain in gross domestic product. How are we allowing such a “small” economy be that big of a bully?
Edit:
I see. I always wondered about it but never cared to learn the actual reason. Thanks for the educated replies. Merry Christmas.
It still shocks me how the US has such a high GDP despite its relatively small population compared to China and the EU
On the board baby!! 🇫🇮🇫🇮 LETS GO!!
Still not recovered since our all time high of 2.45 T of 2007, wonder where we’d be now if the 2008 crises never happened!
Would love to see this with PPP too. Despite what people say, both are important and both give you different but important bits of information.
Pepehands Africa
The EUs 2021 GDP is above 17 trillion, so still ahead of China. It’s really annoying that the UK left, otherwise we would have been in close pursuit of the US instead of having to fend of them for our number 2 spot.
It’ll be great if we can also put disparity map beside GDP map
Would be nice if the Americas formed an economic union like the EU.
Italy has a much, much bigger impact than I thought, I mean I know they are included in the G8, but still
We don’t even get a full word…
This really shows how Europe just hasn’t had a good decade at all. If you compare these figures to 2008 figures you could see that the majority of European countries barely had any growth. EU’s economic size is roughly the same now in 2021 as it was in 2008 (16.4 trillion to 17.08 trillion; both excluding the UK). Germany has seen some growth (3.74 trillion to 4.23 trillion, though the majority of that growth happened between 2020 and 2021, which makes no sense; between 2008 and 2019 Germany’s growth is also flat), so did Denmark and Sweden, but their growth was completely off-set by countries that did not grow at all (e.g. France, 2.9 trillion) or even experienced massive contraction (e.g. Italy, 2.4 trillion to 2.1 trillion). The US on the other hand grew more than 50% (from 14.77 trillion to 22.94 trillion).
And it’s not just the US, developed countries outside Europe such as Australia (1.06 trillion to 1.61 trillion), Canada (1.55 trillion to 2.02 trillion), Israel (217 billion to 467 billion), New Zealand (135 billion to 247 billion), Asian Tigers (combined 1.8 trillion to 3.35 trillion) all saw some healthy or even spectacular growth. The only other developed country that has completely flatlined like Europe has is Japan (5.1 trillion, no change, though Japan is more extreme in that this “no change” has persisted since the 90s), which like Europe is a declining power. In Europe only Eastern Europe (and not even all of them), Switzerland, and Ireland have grown a decent amount, and in Ireland’s case it’s completely thanks to the US.
Romania strong economy, ignore pretty much everything falling apart
Scandinavia has a combined GDP larger than Russia.
Wow!
Russia’s GDP is smaller than Italy’s. Soon they will be smaller than Spain, if they keep Putin much longer.
I’m surprised Kazakhstan is so high. They’re more developed than some countries in Europe. They are big enough to ha e their own blip here. For a country that was the butt of half the jokes in Borat they are certainly way more modernized and developed than people give them credit for.
Still amazed by the Netherlands with ~17.5 million people with a GDP of $1.01T.
I would like to see the US broken down by its states. California is pretty impressive to behold.
*D-awwwww, look adda cute little Russia… who’s a cute little superpower… yes it’s you! Yes it’s you! Ohhh, if you didn’t have those cute little Nukes I could just pinch your cheeks!*
Keep in mind China calculates their GDP differently than everyone else.
Most nations: GDP is calculated at product sale or transfer.
China: GDP is calculated at product creation. China has been know to create empty cities to boost GDP numbers. Due to this china’s GDP actual is smaller than reported.
It fascinates me how ridiculous big is the US compared to the rest of the world.
And China is still considered a developing country
26 comments
Why is Russia in the European Pie (green) and yet colored Red in Map?
Crazy just how much Germany is ahead of its European neighbors and the gap does not look like it’s getting smaller anytime soon, on the contrary, the new investments planned will probably separate the country even more from the UK and France.
France covers all Africa and Germany South America. Europe is still doing OK, whatever we may say.
The perfect illustration as to why European countries needs to be aligned in a Union. If we tried to stay apart we’d be eatin alive by the big world players.
It always surprises me that Russia’s GDP is so small. They are geopolitically a main actor and they barely surpass Spain in gross domestic product. How are we allowing such a “small” economy be that big of a bully?
Edit:
I see. I always wondered about it but never cared to learn the actual reason. Thanks for the educated replies. Merry Christmas.
It still shocks me how the US has such a high GDP despite its relatively small population compared to China and the EU
On the board baby!! 🇫🇮🇫🇮 LETS GO!!
Still not recovered since our all time high of 2.45 T of 2007, wonder where we’d be now if the 2008 crises never happened!
Would love to see this with PPP too. Despite what people say, both are important and both give you different but important bits of information.
Pepehands Africa
The EUs 2021 GDP is above 17 trillion, so still ahead of China. It’s really annoying that the UK left, otherwise we would have been in close pursuit of the US instead of having to fend of them for our number 2 spot.
It’ll be great if we can also put disparity map beside GDP map
Would be nice if the Americas formed an economic union like the EU.
Italy has a much, much bigger impact than I thought, I mean I know they are included in the G8, but still
We don’t even get a full word…
This really shows how Europe just hasn’t had a good decade at all. If you compare these figures to 2008 figures you could see that the majority of European countries barely had any growth. EU’s economic size is roughly the same now in 2021 as it was in 2008 (16.4 trillion to 17.08 trillion; both excluding the UK). Germany has seen some growth (3.74 trillion to 4.23 trillion, though the majority of that growth happened between 2020 and 2021, which makes no sense; between 2008 and 2019 Germany’s growth is also flat), so did Denmark and Sweden, but their growth was completely off-set by countries that did not grow at all (e.g. France, 2.9 trillion) or even experienced massive contraction (e.g. Italy, 2.4 trillion to 2.1 trillion). The US on the other hand grew more than 50% (from 14.77 trillion to 22.94 trillion).
And it’s not just the US, developed countries outside Europe such as Australia (1.06 trillion to 1.61 trillion), Canada (1.55 trillion to 2.02 trillion), Israel (217 billion to 467 billion), New Zealand (135 billion to 247 billion), Asian Tigers (combined 1.8 trillion to 3.35 trillion) all saw some healthy or even spectacular growth. The only other developed country that has completely flatlined like Europe has is Japan (5.1 trillion, no change, though Japan is more extreme in that this “no change” has persisted since the 90s), which like Europe is a declining power. In Europe only Eastern Europe (and not even all of them), Switzerland, and Ireland have grown a decent amount, and in Ireland’s case it’s completely thanks to the US.
https://www.imf.org/external/datamapper/NGDPD@WEO/OEMDC/ADVEC/WEOWORLD
^ You can scroll the map to 2008 and compare.
Romania strong economy, ignore pretty much everything falling apart
Scandinavia has a combined GDP larger than Russia.
Wow!
Russia’s GDP is smaller than Italy’s. Soon they will be smaller than Spain, if they keep Putin much longer.
I’m surprised Kazakhstan is so high. They’re more developed than some countries in Europe. They are big enough to ha e their own blip here. For a country that was the butt of half the jokes in Borat they are certainly way more modernized and developed than people give them credit for.
Still amazed by the Netherlands with ~17.5 million people with a GDP of $1.01T.
I would like to see the US broken down by its states. California is pretty impressive to behold.
*D-awwwww, look adda cute little Russia… who’s a cute little superpower… yes it’s you! Yes it’s you! Ohhh, if you didn’t have those cute little Nukes I could just pinch your cheeks!*
Keep in mind China calculates their GDP differently than everyone else.
Most nations: GDP is calculated at product sale or transfer.
China: GDP is calculated at product creation. China has been know to create empty cities to boost GDP numbers. Due to this china’s GDP actual is smaller than reported.
It fascinates me how ridiculous big is the US compared to the rest of the world.
And China is still considered a developing country