Top 10 European Countries by GDP (1897-2022)
HTML-код
- Опубликовано: 4 фев 2025
- This video will compare the top 10 European countries by GDP from 1897 to 2022. This video exhibits the GDP figures of countries going back further in time than any other production on RUclips, so you'll witness the likes of many historically significant events that altered the economic landscape. Hopefully everyone enjoys! Be sure to like, comment, and subscribe for more videos!
Source: World Bank, Our World In Data
Music: Marche Slave by Tchaikovsky
*Thank you everyone for 1 million views on this video. This is the fastest a video on my channel has reached this milestone - thank you for all the love and feedback!
I know it took a long time to get this video out (a couple months late) since the data prior to 1960 was very difficult to calculate, but it was worth it! Hopefully everyone enjoys!
*Sorry for not including Turkiye in this video. My mistake!
United Kingdom is only the British Isles or is entire British Empire?
@@aaalexwzk Great question. It refers only to the United Kingdom and excludes its colonies.
@@RankingCharts oh, that's why Germany was in first place sometimes
thanks so much, i really liked it!
It would be really instructive, and in many ways much more meaningful, to show GDP per capita charts as well as GDP.
I completely agree with those comments that applaud you for showing the long-term historic trends. Fascinating.
Biggest surprise for me was how well the Weimar-republic was doing despite all the restrictions after WW1.
Well, Silesia was a part of it. So the Weimar Republic controlled two of the five most important mining areas in Europe at this time, Rhein-Ruhr and Upper Silesia. This might be the biggest reason for that. The mining industry can be restarted quickly after a war defeat.
@@arctix4518 They had to pay Millions of tones of coal to france.
Austrian painter power
This is the thing they were not poor but many people still were super bitter about the experience.
@@Henry_Nehring that was all before the Austrian painter
Germany loses every major war it has been in and still manages to take the no.1 spot every single time, that’s absolutely amazing
edit: i love causing endless political debates with a single comment i didn’t even pay attention to when leaving
The victors step in and say, no more military spending, so all that industrial capacity has to go somewhere.
Well it was two wars
@@seed_drill7135 in the 70-90 germany had a real big military because of the cold war
@@swagkachu3784 Imagen if the Sovjet Union got the west Germany
It would be realy poor to
To be fair to everyone else, Germany failed abjectly to recover after WW1 and after WW2 it only recovered at all because of the ridiculously huge amount of money given by the USA and USSR to their respective halves of Germany
Germany is like the kid that keeps getting expelled but nails every exam.
😂😂😂
Every time they fall they come back standing on two legs again, respect!
@@mofleh177 but with all that money and wealth we have we are such a disappointment
Germany is the kid who got expelled twice for setting the classroom on fire, but somehow now has a PhD.
@@Tinitus33 You've got to get yourselves out of the USA dominion and regain political independence. Uncle Sam is bad influence!😅
That awkward moment in 1980 when West Germany has a higher GDP than the entire Soviet Union.
Except it never happened. I dunno where this guy got his figures, but the USSR remained the 2nd or 3rd economy in the world after the US and Japan into 1990.
@@ilyatsukanov8707 Apparently its the world bank and our world in data
@@ilyatsukanov8707 Yeah Soviet was like 1.1 and West Germany was like 800 lol
@Iba Hyuuga Did you reply to the wrong guy or no
it is noticeable that all of it was deliberate economic warfare against russia we can see how it struggle and recover back and forth. It takes a great hit not only in the end of east germany in 1990 but also the crisis from 2008 and 2012 D;
This really shows how much damage war did to some countries
Absolutely. Countries that were devastated by the war, such as Poland and the Soviet Union, had their economies significantly reduced. But for other countries, wars actually increased output - and spurred the economy!
@@RankingCharts USA:
@@wallenrod9017 USA is not a European country?!
@@EllieD.Violet USA had huge profits of this war.
And communism. Polish Economy have done a genius work, of course we're big country too
Germany, how induatrialized are you?
-Yes.
The Germans are expert’s in making money, it’s kinda ridiculous to se 😂
😴🤦
Was having a hard time getting to bed before this, but as soon as I read it I instantly fell asleep gor 16 hours, I missed half of my day. It's too effective for an insomnia cure, 0/10, would not recommend.
Well, not after they decided to de-industrialize by choosing animosity with Russia! 🤷♂️
@@fwfeo 🤣
Germany, when down at the bottom, is always able to reinvent itself and rise to the very top again.
Us Germans are just built different!
Like the Madonna of Europe 😂😂
Germany doesn’t re invent themselves, they get pumped investments from foreign nations such as the USA to boost economy and trade links - without that Germany wouldnt even be top 10
@@regeturbo4782 How do you think countries become economically successful? By good trade partnerships and being an attractive place to invest. So I don’t see how your comment is meant to prove anything.
Say what you want about Hitler but he really got the German economy booming
I find it so amazing how germany always found a comeback and even west germany alone took over the first place
That is why UK wanted to put Germany down, in both World Wars.
The benefit of being centrally located inside the EU trading block cartel
@@Liberty_Freedom_Brotherhood It's rather because they have a huge auto industry, machine industry, chemical industry, metal industry, pharmaceutical industry and food industry and all the products from these fields they export worldwide
Germany benefitted from the marshall plan. The same with Japan. American wanted countries to export to.
@@inotoni6148 and because German people are the greatest
Haha the fact that both Germanys were in the top 6 throughout most of the cold war era xD
Yeah, Germany is a very lucky country.
After the death and destruction it caused across Europe, not to mention the industrial scale murder of men, women and children, that the western allies protected it from Soviet Russia, whilst providing the money to rebuilt the country. I don’t think the axis powers would have been so humane if they had won. Yeah, Germany has done very well for its self.
@@RUclipschannel-po8cz What is the purpose of this comment? Nobody who was responsible for that is alive today. Do you have any problem? Are you jealous or something?
@@RUclipschannel-po8cz You know they had to pay back every single bit of money they received from the allies to rebuild right ? And keep in mind the allies didn’t help West-Germany because of how ‘generous, kind, humane’ the allies only did so because they needed a strong democratic western German ally because of the Cold War. Germany wasn’t a lucky country at all. They were stripped of 1/3 of their territories, lost 10.000.000 people as a result of ww2, had millions of German POWs work for the allies(until 1954) and many died as a result of this. Their country was destroyed, their economy crippled, their country was divided for 44 years etc.
(Of course Germany wasn’t the only one to suffer badly from the war, so did countries like Poland which suffered just as bad)
(Hereby I'm not justifying the actions and atrocities commited by Nazi Germany, I'm just pointing out that your statement about Germany being a lucky country is a wrong perception)
@@RUclipschannel-po8cz If we come back that often its Kind of obvious that germany is not lucky.
Germans have a good work ethic, we are dedicated and efficient, our Engineering and precision is known on the whole globe.
Made in Germany was an invention to warn a customer of a product, our quality resulted in the opposite: people wanted products that were made in germany, because they last longer.
@@ryanvanderveer4263 Did they give back what they stole?
The moment in the Cold War where West Germany surpassed the Soviet's GDP was legendary.
Yeah, a traitor Grbachev started his Perestroika
@@keiralum1797 Traitors are those who tried to get rid of him during the coup d'etat. That caused the downfall of the Soviet Union, since the Soviet Republics would no longer be willing to sign Gorbatschows new treaty for the Union.
@@keiralum1797 which revealed how fucked up and rotten the USSR was from the inside. Not that anything changed since then.
@@axelotl86 Are the United States any better? The Russian government is rotten, but so is northamerican society (Canada is ok i guess).
@@hanspump2510 how did you leave Canada out of the North America???🤦
I can’t imagine how hard it must have been to collect all the historic data and convert it to a common currency. Pretty amazing and loved the music track!
Most of these data records are all kept in USD already. Still a lot of work though...
Just buy the World Almanac they have been providing this data since I've been a child and I'm sixty-eight.
Well, even today, economists just take a guess
@@stijnhs the entire system of the USSR didn't even work with the GDP number.
Probably a lot of recalculation done here. Should we really trust it? Questionable.
Its all made up the creator of the video is an a poussy
Germany: **Loses the war, is completly burned out and destroyed**
German Economy: Hold my beer!…Just for a minute, i swear!
beer? where?!
@@Rockingorc arbeiten faule sau
@@asgxvfhvchb46 8h reichen pro Tag 😐
And hated by most of the other countries, hold my beer anyway !
I love how you’re the only channel that shows data from the 1900s. So cool 👍!
I’m so glad you enjoy!
Check when concept of GDP was createad and you will get why nobody does these kinds videos from 1900s
Would love to see this as a GDP per capita.
GDP per capita is a pointless statistic
@@mrcaboosevg6089 aboslutely not... thats the important one.... you can see USSR on 1. place for many years...but reality in that empire was just terrible...
@@jaroslavklima4591 GDP per capita is just the GDP split between everyone. US has a high GDP per capita but only because there's a lot of rich people, the average person is gonna be way below the median GDP.
@@mrcaboosevg6089 i mean, GDP per capita is still much better indicator than regular GDP (as long as we are talking about country's wealthy)
@@mrcaboosevg6089 still, doesn't make it pointless and in that sense, nominal GDP is also affected by that imbalance, even more so. Per capita paints a more realistic image at least.
Incredible how no one speaks about the economy of the Netherlands. Also amazing how Italy briefly surpassed the UK and was at par with France for a couple of years. Especially more so for a country with no natural resources to speak of.
Italy will become richer than the UK for sure, brexit is not working for the uk. Brexit is sinking the uk
@@apb2081 the uk still has much higher economic growth than italy, also, dont act like italy doesn't also have a terrible government.
@@apb2081 Uk's gdp growth in 2022 was projected at 7%
italy's gdp growth in 2022 was projected at 3.7%
@@yournotgully The uk the only country in Europe that is in recession, even the cnn is laughing at brexit, you are not rational bbc just said that car outputs is at 66 year low , stop hiding
@@yournotgully france's economy bounced back very well, now with the lowest inflation in europe
Every country: *goes through boom and bust cycles because of wars*
Sweden and Switzerland: I was a businessman doing business things
Sweden being in a pretty stable position through all of it.
That surprised me considering our low population.
@@johnnorthtribe well we avoided both world wars and have been a pretty stable and economically free country for most of the time. Works wonders for the economy.
@@samuelsomfanSwedes having no souls and only 2 generations away from chimpanzees means they need to make up for it in other ways
Duelling with Belgium for most of the time (which was devastated in two world wars), well done Belgium as well ^^
UK stayed at a pretty decent spot the whole time
As an Italian I am honestly amazed at how well Italy did. I had no idea we were so consistent, we keep being told how there's a crisis...
Only if u had a stable government that wouldn't dissolve every year
@@ichbinsnicht5860 ikr? If we had fewer parties and a healthier gov we'd be number 1 lol
@@lindaliriel No1? haha. Germany is twice as rich!
@@laus7080 no what? "I am honestly amazed at how well Italy did" does not mean Italy is best! You just make yourself look silly by commenting non sequiturs like that
That is exactly what questionable politicians would say to gain power, italians should be really careful with this! Just look at Germany before the Nazi Empire, they were rather well off, considering the war reparations from the first world war, but Hitler was so convincing that there was a crisis....
Much love to Italy tho, just get a stable government and then you can enjoy dolce vita
Heartbreaking to see Poland at #6 just before WW2, than making a surprising comeback in 50/60s to plummet again and make it again to top ten in recent years
It did well in the 50s/60s as the Soviet Union was booming post-war (leading to the red scare) and as poland was a semi-puppet, it attained a high gdp comparatively to war-torn Europe
The only way is up for us. Wait till we get nuclear energy.
We have very clever kids taking education seriously and people who really like to get our of bed and do projects.
Per citizen Poland was one of the poorest countries in Europe.
@@therealadamshort Do you think USSR gave something to Poland or any other communist countries ? No , they took from them what they could .They helped African and Sud-American countries where they wanted to export their "revolution". In Eastern Europe the "revolution" was already implemented by force at the end of WW2 . The rise in GDP until 1960 was due to big industrial development implemented by the communists . The people build and worked for little money - thus the GDP rise . Some were forced, many were convinced that is the good way . My country was in the 7th position up to 1960 , then it fell, when they were not able to keep up with the technological advances . Now is the second poorest in EU .
Some people have absolutely no clue what communism was . I would have liked to see what all the West have done without the Marshall Plan.
@@DavidJamesquoracy If your kids are clever, they won't go for nuclear energy thought. If something goes wrong, due to an accident or war, you will poisen your country and its people for hundreds if not thousands of years. I know a turkish man who came from a region around the black sea, because of Chernobyl accident he and most of his family got cancer.
The radiation got to Turkey and many people suffer where he came from.
As a spanish, I just hope that some day we get our shit together, because the country has been underperforming for centuries; it has lots of potential
@@Klaus_Kinski179 i didn't know we could blame the euro for the entire ~1750-1999 period... The reason is structural, but it can be fixed with good leadership and time
As the shy fellow @md_muzikz deleted his comment, i'll repeat it for context. He argued that the Euro was at fault
Many centuries of dictatorship... and the Franco scars. But being at the gate between the Mediterranean and the Atlantic, Spain is favored by nature for its position. I have no doubt in the capacity of the spanish people to work hard. In my field of research, i see only good projects by spanish colleagues. Much love from France. I hope that we will collaborate more and more with time.
@@TheFrenchscot Much love mate, I work in machine learning & aerospace and trust me it's reciprocal. France recently has been producing brilliant minds such as Yann LeCun and so far my interaction with french colleagues has been a treat
@@TileBitan it's a delight to hear, especially for someone like me with some roots in Spain (Murcia... but my spanish ancestord left long ago, in 1917). Viva España
to be fair, your geography kinda fucked you. very hard to build an industrialized economy in a hilly and mountainous region without any big rivers for trade. european flatlands got that as a huge advantage for them.
It’s unbelievable that the German gdp in 1945!!! was still higher than the British one. You’d think that after years of war, huge territorial and human losses and being bombed to rubble they would be barely functional.
It's partly a result of how GDP is calculated. Ask any economist, and they'll tell you that while GDP is a useful metric for judging national output at a glance, it is not so good for anything else, like judging what that output is made of and how that affects the population's quality of life.
The country was indeed being bombed into oblivion, but those parts still running were cranking out high-tech military products, which are very valuable, and thus artificially inflate the GDP. Also, as GDP figures are calculated in yearly intervals, they gloss over the total collapse that happened over the final few months. Then, between 1946 and 1948, there was no formally existing nation in the occupied area at all, which is why you see no GDP numbers for that time span, and thus you don't see the true fall in output. When West Germany formally starts existing in 1949 and reappears in the chart, it's already starting to climb up from that invisible valley again, buoyed by the implementation of the Marshall Plan.
There's a video you can look up on youtube, called "why war economies don't collapse (until they do)". Has some insight on how nations suffering from what should be mounting economic devastation can keep chugging on for longer than you'd think as long as they're at war.
@@streetwind. Good points
Tristan Thamm, all of the above also happened to Great Britain, except they were on the winning side!!.
Britain was economically devastated after the war and continued to pay back the Americans for their 'help' into the next century.
@@williammorley2401 Would have lost a long time ago at Dunkirk and without the Soviets and US
For a country as small as the Netherlands, they’ve done great to stay as political and economical relevant throughout the ages
Look at Belgium ... twice as strong as The Netherlands, till 1914-1918, ....
@@KK-rg1wz yeah and thats great, how are they standing now?
@@brodacx2268 pro capita on about the same level as The Netherlands
I would really call a country of about 20 million inhabitants small, their size interms of area is deceiving since they are one of the most densely populated countries in europe, I think actually the densest if you don't count micro states
@@vsl5455 still less than 1/4th the population of Germany and only 3% of the total European population.
Germany is quite extraordinary in this video.
It has the largest population by a considerable margin excluding Russia.
Tchaikovsky.. great choice
a new version of this in a few years could be interesting, with everything that goes on right now here in Europe.
Like these charts. Appreciate the work that goes into them, especially this one. "Economic landscape" measured by total GDP - good, useful, pretty reliable measure. Edit: looked at chart a couple more times to examine particular areas that interested me - e.g. independence of most of Ireland 100 years ago did not affect UK's gross GDP, Switzerland's steadiness.
That is because Ireland provided next to no economic power to the UK’s massive empire. Ireland also was given plenty of breathing room and pretty much no Irish man was paying taxes.
appreciated
Just fyi "Nazi Germany" is not the name of the State of Germany from 1933-1945. It was called Deutsches Reich. Calling it Nazi Germany is like calling the Soviet Union Communist Russia
So is it in english the third reich or?
Belgium 1991: Was that Sovjetunion falling down in front of my window?
defenestration ^,^
Germany is in a league of its own
Nicely done! Do you have such a comparison in GDP per capita too? This gives a better insight in the actual economic well-being of a country. Now it's clear that the largest EU countries are on top of the list.
In fact, your channel is the best in terms of statistics, but you take a long time to publish more videos. I will make you hungry and I wish you to publish a video about the industrialized countries in the world from 1892 to 2022, and I will be grateful to you👍👍💛
Thank you! I try my best to upload more regularly. However, it is really difficult to gather the data going back so far into the past.
It was fascinating to see how Belgium and Sweden stuck so close together for most of this video.
Watching Belgium and yhe Netherlands which places about 20 times was nerf wrecking to say the least.
@Carmen de Graaf Historically the population of Belgium was larger than that of the Netherlands. The Netherlands only surpassed Belgium in the 1930ies
en.wikipedia.org/wiki/Demography_of_the_Netherlands
en.wikipedia.org/wiki/Demographics_of_Belgium
Further back in the Burgundian period the difference was even larger especially due to the large population of the county of Flanders
nl.wikipedia.org/wiki/Bourgondische_Nederlanden
Yes, giant foam darts all over the place!
@Carmen de Graaf And the Dutch economy isnt a gas/oil industry... its a service based industry though gas revenue did help a little.
@Carmen de Graaf That was just for a short period of time because the gas back then out weight the rest of the economy now however it barely exports gas.
Don't worry, we're not going to be switching places anymore 😉
Thank you so much for this video. I loved researching the different countries and comparing significant economic trends with historical events. It was very interesting!
now I understand why the big 5 were germany, uk, france, italy, and spain in eurovision
Germany in 1918 and 1945: Aight see you later boys, I´ll let someone else take the lead for a few years.
More like "We feel confident enough to try and take over everything because we are rich" *Proceeds to get punched up by the British*
The UK has stood the test of time. Especially surprising considering the population difference to Germany/Russia
The UK had largest colonial empire worked for them. While Germany either totally or almost (in different times) didn't have colonies. And USSR in many cases vice versa developed its remote ethnic parts for the sponsorship of center (now they are such as Kazakhstan, Turkmenistan and Azerbaijan just chilling thanks to Soviet investments, having pushed out most of Russian and Ukrainian ethnicities people).
In the next 25 years the UK will knock Germany off the top spot. It will be the dominant economic power in Europe and it’s population will also surpass 80 million. Not my opinion, that’s what has been said by the analysts. 🇬🇧 🏆 👍🏻
@@expatalan6511 In the next 25 years the economy of people will finally become obsolete being changed to the economy of energy. 80 mln or 400 mln people will mean nothing more than a burden on state's neck which drags it to the bottom.
@@expatalan6511 Plz source? Brexit was not a good move. ;-)
@@expatalan6511coping
Germany casually outbooming everyone at Monopoly after having to pay for a fully upgraded hotel visit twice.
I like how no matter what Italy is always in its 3rd/4th/5th position. And then they say our economy is not stable 🤡
Italy always the one being dogshit in a big war and switching sides when they lose
Big population= large gdp
@@iactas7892 stop hating countries on RUclips.
@@siepmans Say that to Russia or to Austria-Hungary
No, we say your government is not stable.
Edit: that joke worked better before 1/6/22.
Interesting how even today some countries haven’t really recovered from the 2008 crash. Of course Brexit did harm to the UK but 2008 seems the bigger hit. The sheer speed the Soviet’s economy grew from 1944-1950 was astounding too
"Of course Brexit did harm to the UK"
Typical unaccountable brexit jab from the remoaner. But this time you can't get away with it as this video shows some clear numbers:
UK was:
In 2016 - 73% of German Economy
In 2021 - 75% of German Economy
In 2016 - 104% of French Economy
In 2021 - 109% of French Economy
In 2016 - 138% of Italian Economy
In 2021 - 152% of Italian Economy
In 2016 - 206% of Spanish Economy
In 2021 - 224% of Spanish Economy
Next time you start to throw out mindless drivel actually have a look at some data first.
This timeline doesn't go far enough to reflect Britain's economic loss from Brexit - that will show up in data from the next few years.
I went to some lectures on 20thC French history a few years ago, and was shocked to hear how physically and economically ravaged France was from the two world wars. In fact I would think it's still being felt today. Many villages were abandoned or ruined. I'm guessing this led to the trend from the 80s onwards of Brits and others buying up rural French properties as holiday homes, at very cheap prices.
@@VanillaMacaron551 That's what everyone said a few years ago....
@@VanillaMacaron551 Ah well keep hoping.
Go Italy! The Italians holding economically in the top 5 for many decades. Forza Italia!
And dept and eu gold
Believe those numbers and you’ll believe anything. Italy’s figures are almost certainly not real.
Because Italy produces and has many things of the best quality: Tourism (helped by its unique history and art heritage), food, wine, sports cars, clothes, etc.
@@kdum8 Italy is a G7 country and is the 8th biggest economy in the world. The 3rd largest EU economy and the second biggest manufacturing economy after Germany. Gaslighting doesn't work when you know the facts.
@@Bibiisachildkiller the main italian industries are industrial machinery, metal products, pharmaceutical products.
Fantastic visualization !!! Unfortunately many of the largest changes in rank position are likely due to currency fluctuations. For example, UK exiting the ERM currency system in the 90s. While currencies in the long term represent the attractiveness of a country, they are sensitive to medium term fluctuations. The statistic I would have liked to see plotted is Purchasing Power Party per Capita - a truer measure of Living Standards per capita. Though, granted, PPP measures are unlikely to be found before the 1950s.
Nevertheless, great job !!!
Did you see that wonderful split second where finland was in the top 10.
In 1960, a year before the construction of the Berlin Wall, East Germany made it to the Top 10 highest GDP in Europe. It didn't last long until 1986. In the 1960s, the East German government have enough and decided to close the border with the construction of the Berlin Wall. Back in the '50s, some Germans in East Germany fleed to cross the Iron Curtain to West Germany and/or West Berlin. In 1986, East Germany was out of the Top 10 highest GDP in Europe. 3 years later, the Berlin Wall was destroyed and many East Germans entered West Berlin for a celebration. In 1990, Germany was reunified as East joined West and their capital is once again, Berlin. Lastly, the reunified Germany still have the highest GDP in Europe to this day.
Very interesting chart; would be nice to have it relative to the population of the countries to make them more comparable.
Indeed. This chart ignores the fact that people from Norway. Sweden, Finland, Denmark, Belgium, Netherlands. Luxembourg, Ireland, Switzerland are the actual richest countries in Europe.
@@stevenfennell7020 per capita
1st & 2nd Monaco & Liechtenstein, 3rd Luxembourg, 4th Ireland (where big US companys "pay" their european taxes)--> all tax havens and not very significant for the wealth of the origin population there. Norway follows them because of it's oil. 6th and 7th Switzerland and Isle of Man again are tax havens (maybe less in switzerland).
All in all it's not a statistic where citizens of these top countrys can be "proud" of because a lot of this wealth is generated in other countries (or luck --> oil).
@@13neworld Ireland has some of the highest tax rates in Europe, so its a pretty rubbish tax haven. It also has some of the highest pay rates in Europe, again not typical of a tax haven. The genuine tax havens are all British controlled, places like the Cayman islands and British Virgin islands. Not forgetting the City of London which is the European capital of money laundering.
@@stevenfennell7020 Ireland is/was one of the most used tax havens for big companies like apple, Amazon, IKEA, Google, Facebook and co.. The tax avoidance method is called Double Irish arrangement (en.wikipedia.org/wiki/Double_Irish_arrangement). By using this the tax debts of these companies were halved.
This tax avoidance "tool" was closed in recent years, we will see its effect to the BIP per capita in future.
The Cayman and the Virgin Islands are not in Europe, so I didn't include it. The City of London is part of Great Britain, so it's effect to the BIP per capita is not as high as the small countries like Luxembourg. :)
Proud of my country, the Netherlands, look at it, with all these much LARGER countries around it (except Switzerland - kudo's to the Swiss as well), but just to think there are only 17 million Dutch people responsible for a GDP over a Trillion. Awesome, and in absolute terms the 8.7 million Swiss are doing it even better, although only having 80% of the Dutch GDP 😎👍
Thank you very much ;) im also proud of my country Switzerland. (And the Netherlands have done it very well for its side)🎉
A miracle can be called the fact that Poland is in the top 10, after 123 years of partitions and two world wars on its lands. And then 45 years of exploitation by the USSR.
The dominating GDP of the Soviet Union has to be understood with the knowledge that they exploited all the Eastern block countries. They got stuff for free or underprice.
The USSR literally funded the entire Polish economy...
@@YorkerEli The word you meant is "stolen".
@@MrAwg77 What an idiot..
@@YorkerEli Thank you for introducing yourself. I'm Axel.
Interesting seeing the absolute scale of currency devaluation that has happened over the past 100+ years.
It isnt necessarily just devaluation.
For example. The production of goods per worker in Germany is 5 times as much now than it was 40-50 years ago.
That 1945 Germany drop was insane
Well German didn’t exist back then cuz we have been conquered. For good ^^
@@okkuhl365For good? Ofcourse our politics weren’t good but the allies were just as evil
Between 1945 and 1953 it is estimated between 9 to 15 million ethnic Germans were killed, mainly civilians. More Germans were killed those years after the war, than under the entire war. The Soviets also took over the German Camps, reopened and filled them with German and other anti-Communists, even civilians and women.
Hundredths of thousands perished.
During the six months following the end of the war, Germany's industrial production fell by 75 per cent and agricultural production fell by 65 per cent.
Germany was a dead country.
It's wild for me (a Portuguese) to see that Portugal was on this list several times in the past (in the far far past).
Also, loved how Austria made a very brief comeback almost 80 years later (1918-1999)... thrilling ahah
Colonies which you no longer have.
I'm even more surprised to have seen Romania on the chart for a while.
@@alexandruilea915 I forgot this very very small detail 😅
Good video. But what I like the most is Chaikowsky's Slavic March!
Brooooo how many times will my country change flags and go from bottom to top?
Germany: yes
Germany is like Spiderman, they always get back up.
I'd be curious to see a more detailed benchmark like: population ; sovereign debt ; balance of trade.
Russia, biggest country in the World, unlimited natural resources.... what an embarrassment.
Ничего удивительного нет, когда против нее борется весь коллективный запад, на инфографике это прекрасно видно, и если бы вы обладали хоть каким то интеллектом у вас бы не было вопросов
@@forsbergZничего удивительного нет, когда страной управляют чекисты, которые вместо экономического развития выбирают кошмарить собственных граждан
@@forsbergZPOV : China, despite being almost 2x smaller, still manages to be #2 worldwide
@@forsbergZ yeah right, stay in your vodka infused delusion. And keep following your great leader.
PS better start learning chinese if I were you
@@forsbergZLosers always playing the victim. And I talk from a country who played the victim for 8 decades.
It's worth mentioning that dictatorial countries tend to fudge their self reported gdp numbers to have significantly increased reported growth.
if they actually did this you would never know about it
Suuuure only them, cause capitalist countries *never* lie /sarcasm
@@vermilion6966 communist/dictatorship countries definitely lie more
@@yournotgully we do, actually.
There was a study in 2017 analyzing gdp's correlation with night lights, titled "How Much Should We Trust the Dictator's GDP Estimates?"
It concluded that they fudge growth numbers by 15-30%
It is available for free on the internet.
But how to know that you are in one?
So well done. I watched the whole video trying to connect each major shift with historical facts 🙂
The British are fairly consistent, no major dramas in there.
All the media hysteria about Brexit for 7 years but the UK hasnt collapsed lol
Wirklich eine interessante Darstellung, mit ein paar Überraschungen, die ich so nicht kommen sah.
My favourite moments: Belgium vs. Sweden, Austria 1999 (overtaking Russia), Norway 2012 (~5 million people). Who knew the fiercest GDP rivalry in Europe was between Belgium and Sweden?
They have 2 million more people, every swede must do their part in the funny number go brr war against Belgium 🫡🫡
the fiercest battle i think is germany against itself
MY FAVOURITE MOMENT WILL BE WHEN ALL WESTERN PIGS GIVE BACK EVERYTHING WHAT THEY ROBBED FROM USSR AND RUSSIA WILL BE NUMBER ONE NOT ONLY IN EUROPE BUT IN WORLD
@@dotabuff5288 my dog is smarter than you. Probably smells better aswell.
@@7UVA Belgium may have people but Sweden is top 5 in land-area in Europe and has a lot of trees and metals.
Remember Guys:
A high GDP doesnt mean That the people in the Country are rich.
But more stable
Germany is rich
@@AFT_05G You Call 30% Children Poverty, More then 70% Elderly Poverty, More then 60% People That are poor according to their earnings, Rich? Wtf is wrong with you 😂 The Industrie and huge companies are Rich - Germans are not.
@@enilrashenilrash8888 People here think they are poor but most "poor" people here can afford vacations, expensive clothes and good phones. Poor is defined different in other countrys.
At first I was very amazed that Finland had such great GDP in 1944 and 1945 but then it hit me...
Because Germany sent some pocket money right?
@@Flem100DK there werent so many countries then...
Germany getting beaten down twice, split in half, yet still remaining the dominant economic power of Europe equaling the same as #2 and #3 combined.
Switzerland's numbers are crazy basically double that of Germany per capita
the swiss are by far the richest in this video, but people don't understand it :)
Excellent. I noted that the music through a lot of it was 'March Slav' - I thought we'd see russia higher up the list - but the Soviet numbers were impressive -if true.
I'd love to see one of those measured in US dollars from the year it starts, so basically inflation adjusted. (unless that is somehow already factored in)
the numbers would change, but the relarive scale would be exactly the same, so theres not really a point in doing that.
Russian economy: Look, we're doing great!
Putin: I want Crimea
Russian economy: fuuu-
A brilliant visualization, thank you.
I would love to see one with GDP per Capita
Interesting to see little impact on the figures of Brexit, in spite of the impact on SMEs
Every other sport: Lets stand behind this railing.
Basketballfans: I need to smell their sweat!
It would be very interesting to do the same type of visualization using GDP/population of the country. The order would be quite different.
That's extremely biased towards small countries like Luxembourg and Liechtenstein tho.
@@MajinOthinus It's a different metric.
It measures standards of living.
Bias has nothing to do with it.
@@macraxer2 Restating it doesn't make it so.
Again, a measurement is not biased.
It is simply a measurement.
Also, buffer state?
Seriously mate...you're out of your depth.
@@macraxer2 There's no need to bring your religious bias into this.
That's twice you've called it a "tax heaven"
I guess you skipped any kind of elementary education.
@@macraxer2 Want to try that again mate?
Try using English this time.
It’s impressive what Germany was able to achieve despite not having massive colonial empire unlike Britain and France.
Yo, Poland is amazing. props to you
Thanks for support
Netherlands rly doing great for such a small country.
Small and overpopulated
In the timelaps of this video most similar nations (Belgium, Switzerland and the Nordic countries) doubled their population. In the same time the Netherlands more than tripled their population.
If Italy were to realise its full potential and had a different mentality to that of Germany, for example, they would be at least third in Europe.
This clearly shows the damage of the complete diplomatic and economic isolation spain suffered after Franco took power, had the civil war not happened, Spain could easily be on pair with Italy
Spain is 30% less populated than Italy. At this condition, cannot be pair with Italy.
@@albi_82 I meant per capita
@euskoferre But italy was part of the Marshall plan from the start, and didn't spend decades forcefully isolated from the world
*Suggestion:* I'd like to see the top 10 richest Washington lobbyists (NRA, AIPAC, etc.) ranked across the past 50 years. That would be quite interesting. 👍
I'd like to take the chance of potentially reaching people here.
What you see are some interesting statistics, yes. However, you must keep in mind how unfitting a comparison in GDP between countries is, even the founder of said method (GDP) believes it is.
Instead, you should look at purchasing power parity (PPP). It gives more insight as to what one person could afford with the same amount of money in a state.
Other than that, great visual! I don't know whether the statistics are right or wrong, but it looks nice nonetheless!
Proud of my country The Netherlands keeping it's place as the best of the rest despite it's size!
Switzerland 🇨🇭 is doing better, Look at gdp per capita
@@michaelcahn1874 Switserland is very expensive to live. Which is not a good thing. Imagine paying like 2x the prices in germany.
@@hiddedevries8853 However, wages are also higher. In addition, it's not about that at all, it's about the general economic performance, and that is greater in countries like Switzerland or Luxembourg if you consider population.
I don't say Germany or the Netherlands are doing bad in Terms of Economy, especially Germany is a fantastic country. I only wanted to make clear that the Netherlands aren't the greatest of the greatest in Terms of Economy and quality of Life, even If they do a pretty good job
yes yes .. a country of business speculators!! a tax haven that subtracts the taxes of large companies from other countries!!
something to be proud of!!
@@michaelcahn1874 That's a fair point! I simply forgot there are countries even smaller than us in size and population.
Amazing to see the relative performance of Russia/USSR.
Excellent piece of work.
You just cannot stop the Germans working - it's amazing. Something to do with the language perhaps. You often can't tell what the sentence means till you get to the last word, so perhaps they get habituated to delayed gratification ??
The wild ride of the Russian/Soviet economy is extremely interesting to follow!
Especially the plummeting economy during the last years of the Soviet union was interesting.
Even in 2014 their economy got destroyed.
These numbers at the end of this ride were real.
Before that, it was potemkin economy. The Soviet Union's GDP was vastly overestimated. In reality, it was several times lower.
@@сырпошехонский да, действительно, еще земля плоская. если этим цифрам не верить зачем вообще тогда твой комментарий. может и другие страны неправильно посчитали, расскажи нам
@@noid717 поскольку в СССР вообще не вели статистику ВВП, то считали, ясное дело, другие страны. Например, в ЦРУ был целый отдел, занимавшийся этим. И да, считали они не просто неправильно, а в разы неправильно. В конце 1991 года руководителей этого отдела даже вызывали на ковер в Сенат США, чтобы те объяснили, почему по их отчётам СССР был экономическим гигантом с огромным ВВП, а на деле это оказалась нищая отсталая страна, в которую приходится посылать ножки Буша, чтобы там голод не начался.
@@сырпошехонский глупости сочиняешь какие-то. Все они правильно считали, просто купили Горбача и ко и запустили перестройку, т.е. развал СССР. Очень много производства потом распиливалось 30 лет.
No. 2 is quite impressive for a country that never resorted to communism or fascism, and nearly tore itself apart leaving a trading bloc.
Sssshhhh. We're not supposed to say nice things about them.
@@LordOfLight No thats France
How exactly is "never went fascist/communist" something that makes this impressive? Both of those are economy destroying forces.
No, it just had the biggest colonial empire in the history of the world.
Their colonies and the economic ties to used-to-be Dominions like Canada, Australia, South Africa... The British pretty much screwed themselves by leaving the EU but they have so many friends across the Globe they'll be alright. They are just gonna be more dependent on other Countries and ex-Colonies. Ironic
*Meanwhile China rubbing their Hands*
The German Machine. Resilient..bounces back to Nr1 every time.
Bigger landmass and population
@@mogznwaz population yes. Landmass no, France, Spain and Italy are all bigger.
@@linajurgensen4698 I was thinking in relation to the UK. The UK always bats well above its weight considering its small size
@@mogznwaz How do you think countries grow their population... by whining and crying "Unfair!"?
@@Flotter-Flo WTF are you talking about ?
wow very interesting to follow history by GDP 🙂 I love video´s that makes you smarter, we need so much more of that on youtube.
England and France consistently Uno reversing each other
Tradition.
Wow. It surprises me that we are #2 in 2021, you wouldn't think so living here. We need to get rid of this government.
Considering we are still number 2 wouldn't that mean we should keep this government as we haven't dropped?
*United Kingdom:* "Oh, France. You will always be second to best compared to us."
*1965*
*France:* "Rosbif c'est 'quoi?'"
Just like the Maginot Line, it didn't last ;)
@@Rasterizing The Maginot line is still there, it was the rosbeef who freaked out left the battlefield and run to the sea shores ;)
This is excellent work. Great idea, masterfully implemented. Thank you!
Proud to be Swiss and German seeing this, thanks for the video ❤
Please say that to the German and Polish Jews - and then try being proud.
@@aidencox790 boooooring
@@aidencox790 Every people group has dark sides... without exception.
@@aidencox790 The slave labour was from 1941 to 1945. The remaining time Germany got its money all by itself, except Imperial Germany and her colonies.
@@noranqey FASCIST MORON. YOU DON;T KNOW DIDDLY SQUAT ABOUT YOUR OWN HISTORY SO F O AND TALK TO THE JEWS.
Despite all the nationalism I see in the comments, I hope that one day we will have a real EU with an army, common rules for finance and economy and people who are proud to be European instead of German, French, Italian, Polish etc.
It will never happen
I hope that never happens. A result of centralising everything will be the loss of regional cultures (local languages are alreay in decline, this will only get worse) and wealth. I think it's better if all nations stay independant, but cooperate. Things like food safety and consumer rights are can easily be centralised. Some economic policies work better for some countries than others. If every country can choose it's own policies, then it can choose those work best for them. With a centralised Europe you'll have economic policies that might work for some, but won't work for others. For this reason we should get rid of the euro. it's ofcourse easy to use when traveling, but exchanging currencies isn't that difficult. It's not stopping people from visiting/ doing bussiness with Switzerland, UK or USA.
Independant countries also look to others to compare themselves with. If they notice others are doing better, then they'll either copy or innovate to catch up with that other country. Competition is a major the driving force behind innovation. In a centralised state there will be some competition other big nations, but this'll be to a lesser degree because those countries are not on our borders.
@@Vincrand I understand your concerns yet It seems to me that in the US each state still has its identity, culture, food etc. while the USA play a major role in the politics and economy of the world. We as EU have a much lesser impact that we could have. As for the reintroduction of local currencies I think it's simply a crazy idea, look at the aftermath of Brexit. Another example: If EU had a single army with much less different types of armaments (each country has its type of jets, tanks, guns, etc..) than now, everything would be much more efficient and it would cost much less to maintain an efficient army (as it happens in the US). The same thing would happen in many other sectors (health services, infrastructures etc..)
@@cr4957 The euro has already done a lot more damage than you might think. The positive boost in Europe's economy came from the free traval of goods, which can be kept. A switch to the old local currencies or maybe regional currencies (shared between countries with similar economic policies) will have an initial cost, but I confident in saying that it will benifit in the long term.
Most of the EU is also part of NATO. I'd encourage more cooperation and training. Having the same equipment would help in this. There already is a lot of cooperation in research across a lot of fields.
I've been to the stats (just over half of them). The difference in culture between east, west, south and centre is less than any 2 bordering European countries (excluding micro states).
First and before nationalism, in order to you wishes to happen, Europe must distance itself from American influence and liberate itself from American control and Zionist slavery, and not be an American puppet in the face of America's adversaries and enemies such as Russia, China and the Arab countries, etc..... Then your wishes will be fulfilled
Italy, good job!
Germany: Far more better job!
@@markusw.2690 Grosso
@@markusw.2690 Usa: far better job than germany!
@Mar Coac the influence of mafia is today as relevant as in other countries and the vatican has nothing to do with economy.
@@markusw.2690 are you 5 years old?
Would be interesting to see the same video, but this time GDP divided by population to provide perspective on how efficient countries have been in their production. GDP is obviously heavily skewed by the size of a country's population.
You can see top 5 football leagues from year 1992
Informative and well thought out illustrative learning aid. Fascinating to see the fall of the UK, the rises and falls of Soviet Union and West Germany/Germany
Daisuke, fall of the UK!?. Germany and the UK were number 1 and number 2 (both sometimes being at the number 1 and other times number 2 position), for most of the video, and that's how it finished, Germany at number 1 and the UK at number 2!.
Interesting how small the Russian economy is compared to modern Europe. That’s the most important thing I got out of this.
That’s because during the 20th century, the economies of communist countries shrank. This is one of the factors which caused the USSR to collapse, otherwise it would’ve lasted way longer. The exception for this was where in some countries their economies grew, only because they weren’t isolating themselves and interacting with the west, which was limited. This is why Russia’s economy was quite small, and after watching a communist documentary the communists seemed to be quite stupid.
@@infested4494 Hm, at the same time, the only time “Russia” is leading the table, is as Soviet Union during 1950-1985. During all those years, it was the by far biggest economy in Europe. Imperialist Russia in the beginning of the 20th century was small. After the Soviet Union collapsed, Russia would have had all the possibilities to build a strong economy: more natural resources than the rest of Europe, 2-3 times the population of the biggest countries. Still these 2-3 times smaller countries with less natural resources have 2-3, even 4-5 times bigger economies than Russia, whereas 1950-1985 they were much smaller.
@@davidkasquareExcessive amounts of natural resources is more like a curse to the economy than a good thing. Because the country can earn a lot of easy money by selling those resources, however the most amount of added value is gained by processing the resources. So the country that buys resources and uses them to produce goods will be richer than the country that sells resources.
@@Jafes2011 is this also the case with Saudi Arabia, Qatar, Bahrain, the UAE, among others..? Also, Russia is an industrialised country with lots of educated people. They could do anything with their own natural resources. They’re not Congo.
@@davidkasquare This is indeed a problem for all of the countries that you mentioned because they sell resources and don't really produce anything else. They depend on that money, but easy money makes people lazy and takes away they motivation to create something more complex.
Russia could theoretically produce software and hardware like smartphones or videogames (it does actually have a lot of talented people), but with president like Putin it is not possible. Putin despises modern technologies, he does not even use internet.
Everyone thinks Italy is pizza and people lazying in the sun drinking red wine, until they see this...
They probably never visited Milan.
Guess the real reason for WWI...Germany became too strong.
Most of the really big wars in Europe have been because someone was becoming too strong. The Hapsburgs, France or another. No matter the pretenses, in general it was the important factor.
Any historian will point out - WWI was coming, just a matter of who would start over what ridiculous excuse.