GDP Growth of European Countries in WW1

12 comments

1. USA, the most European of them all

2. Ah, war profiteering. Never changes.

3. Maddison Project data, in real GDP:

   US: +11.4% total GDP, +3.6% GDP per capita

   UK: +7.2% total GDP, +5.1% GDP per capita

   Hungary: -17.4% total GDP (by 1920), -18.5% GDP per capita (by 1920)

   Germany: -18.0% total GDP, -18.2% GDP per capita

   Austria: -26.7% total GDP, -26.2% GDP per capita

   France: -36.1% total GDP, -31.3% GDP per capita

   Russia: -59.7% total GDP (by 1920), -53.1% GDP per capita

4. And remember that the USA didn’t want to help against Hitler in ww2, the rich people in the USA even wanted him to win, but they were forced to join after Pear Harbour.

5. How was that calculated?

6. America has always been a nation of war profiteers and its rise is directly correlated to how much money it sucked out of Europe and the rest of the world in two world wars.

7. What’s the source for the data? If these numbers are based on anything real, it’s not real GDP. No economy in the world just doubles in 5 years the only thing that can happen that fast is inflation.

8. I would like see this map but from 1913 to 2023

9. [deleted]

10. Including the US but not the Ottoman Empire or Turkey is pretty funny.

11. Tf is the US doing here?

12. Weapon sales go brrrrrrr