Graph: World – Population and GDP by Country (Part 1)

This graph shows the GDP and population by country, as well as the GDP per capita (which is the gradient of each data point). This is similar to an earlier post on Africa. It illustrates the largest economies in the world by GDP and population.

Data Source: World Bank

Some points of note:

a)      US: The United States is still by far the largest economy in the world in terms of GDP, with a 2010 GDP of US$14.6 trillion. Its GDP per capita of $47,199 puts it at around 11^th in the world (see here).

b)      EU: The EU, if it were a country, would have a larger GDP than the US – it has a combined GDP of U$16.2 trillion. However, its GDP per capita of $32,311 is much lower than the US.

c)      China: China is now the 2^nd largest economy in the world in terms of GDP. Due to its large population, its GDP per capita (at $4,428) is around the median ($4,560).

d)      Japan and Germany: Japan and Germany are the 3^rd and 4^th largest economies in the world. 

e)      India, Indonesia and Brazil: These are highlighted here as they are economies with large populations. India and Indonesia are still relatively low in their total GDP, as well as GDP per capita, which are below the median. Brazil, on the other hand, has a GDP per capita that is above the median. These are potential next tier of fast growing countries.

See Part 2 and Part 3 here.

Data Source: World Bank; Graph: Generated by me