List of regions by past GDP (PPP)


These are lists of regions and countries by their estimated real gross domestic product in terms of purchasing power parity, the value of all final goods and services produced within a country/region in a given year. GDP dollar estimates here are derived from PPP estimates.

Methodology

In the absence of sufficient data for nearly all economies until well into the 19th century, past GDP cannot be calculated, but at best only roughly estimated. In a first step, economic historians try to reconstruct the GDP per capita for a given political or geographical entity from the meagre evidence. This value is then multiplied by estimated population size, another determinant for which as a rule only little ancient data is available.
A key notion in the whole process is that of subsistence, the income level which is necessary for sustaining one's life. Since pre-modern societies, by modern standards, were characterized by a very low degree of urbanization and a large majority of people working in the agricultural sector, economic historians prefer to express income in cereal units. To achieve comparability over space and time, these numbers are then converted into monetary units such as International Dollars, a third step which leaves a relatively wide margin of interpretation.
The formula thus is: GDP = GDP per capita x population size
It should be stressed that, historically speaking, population size is the far more important multiplier in the equation. This is because, in contrast to industrial economies, the average income ceiling of premodern agrarian societies was quite low everywhere, possibly not higher than twice the subsistence level. Therefore, the total GDP as given below primarily reflects the respective historical population size, and is much less indicative of contemporary living standards than, for example, estimations of past GDP per capita are.
According to the 20th-century macroeconomist Paul Bairoch, a pioneer in historical economic analysis,
Rather, Bairoch advocates a formula combining GNP per capita and total GNP to give a better measure of the economic performance of national economies.

World

1000000 BCE–2019

The following estimates are taken exclusively from a 2020 reseach paper.
YearPopulation
GDP per capita
GDP in billion
1000000 BCE0.1254000.05
300000 BCE14000.40
25000 BCE3.344001.34
10000 BCE44001.60
5000 BCE54042.02
4000 BCE74092.87
3000 BCE144215.90
2000 BCE2743311.7
1000 BCE5044422.2
500 BCE10045745.7
200 BCE15046569.7
116846778.4
20019046388.0
40019046388.0
50019046388.0
60020046292.3
70021046096.6
800220459101
900240456109
1000265453120
1100320512164
1200360551198
1300360551198
1400350541190
1500438625274
1600556629350
1700603658397
18201,042712741
18701,2768841,128
19001,563
19131,7931,5432,767
19201,863
19402,2992,1815,013
19502,5282,1045,318
19603,0422,76412,170
19703,6913,72513,751
19804,4404,51120,026
19905,2695,14927,133
20006,0776,05736,806
20106,8737,81453,704
20197,6209,66373,640

1750–1990 (Bairoch)

In his 1995 book Economics and World History, economic historian Paul Bairoch gave the following estimates in terms of 1960 US dollars, for GNP from 1750 to 1990, comparing what are today the Third World and the First World
A Third World refers to Asia, Africa, and Latin America.
B First World refers to Europe, Russia, the United States, Canada, and Japan.

1–2008 (Maddison)

The following estimates are taken exclusively from the 2007 monograph Contours of the World Economy, 1–2030 AD by the British economist Angus Maddison.
Country / Region110001500160017001820187019131950197319892008
Austria2132981,4142,0932,4834,1048,41923,45125,70285,227124,791198,004
Belgium1351701,2251,5612,2884,52913,71632,34747,190118,516166,396246,103
Denmark721444435697271,4713,78211,67029,65470,03293,728135,037
Finland8161362152559131,9996,38917,05151,72484,092127,676
France2,3662,76310,91215,55919,53935,46872,100144,489220,492683,9651,000,2861,423,562
Germany1,2251,4358,25612,65613,65026,81972,149237,332265,354944,7551,302,2121,713,405
Italy6,4752,25011,55014,41014,63022,53541,81495,487164,957582,713906,0531,157,636
Netherlands851287232,0724,0474,2889,95224,95560,642175,791247,906411,055
Norway40801832663617772,3605,98817,72844,85276,733132,365
Sweden801603826261,2313,0986,92717,40347,269109,794149,415193,352
Switzerland1281234117501,0682,1655,58116,48342,545117,251141,599190,328
UK3208002,8156,00710,70936,232100,180224,618347,850675,941940,9081,446,959
12 country total11,1468,36638,45056,78470,988142,399338,979840,6121,286,4343,660,5615,235,1157,402,911
Portugal1802556068141,6383,0434,2197,46717,61563,397102, 922154,132
Spain1,8671,8004,4957,0297,48112,29919,55641,65361,429266,896454,166797,927
Other1,2405046329751,1062,1104,71212,47830,600105,910169,648343,059
Total Western Europe14,43310,92544,18365,60281,213159,851367,466902,2101,396,0784,096,7645,961,8518,698,029
Eastern Europe1,9562,6006,6969,28911,39324,90650,163134,793185,023550,756718,0391,030,628
Former USSR1,5602,8408,45811,42616,19637,67883,646232,351510,2431,513,0702,037,2532,242,206
United States27252080060052712,54898,374517,3831,455,9163,536,6225,703,5219,485,136
Other Western offshoots17622832032030695113,11965,558179,574521,667856,8471,448,542
Total Western offshoots4487481,12092083313,499111,493582,9411,635,4904,058,2896,560,36810,933,678
Mexico8801,8003,1881,1342,5585,0006,21425,92167,368279,302491,767877,312
Other Latin America1,3602,7604,1002,6293,7889,92121,09794,875347,9601,110,1581,735,9193,168,621
Total Latin America2,2404,5607,2883,7636,34614,92127,311120,796415,3281,389,4602,227,6864,045,933
Japan1,2003,1887,7009,62015,39020,73925,39371,653160,9661,242,9322,208,8582,904,141
China26,82026,55061,80096,00082,800228,600189,740241,431244,985739,4142,051,8138,908,894
India33,75033,75060,50074,25090,750111,417134,882204,242222,222494,8321,043,9123,415,183
Other east Asia4,8458,96820,82224,58228,44036,45153,155122,874256,938829,0232,021,5285,154,979
West Asia10,12012,41510,49512,63712,29115,27022,46840,588106,283548,120855,1301,905,346
Total Asia 75,53581,683153,617207,469214,281391,738400,245609,135830,4282,621,6245,972,38319,384,402
Africa8,03013,83519,38323,47325,77631,26645,23479,486203,131549,993889,9221,734,918
World105,402120,379248,445331,562371,428694,5981,110,9512,733,3655,331,68916,022,88826,576,35950,973,935
Country / Region110001500160017001820187019131950197319892008

A From 1 AD to 1913 AD, India includes modern Pakistan and Bangladesh. From 1950 onwards, India refers only to the modern Republic of India.
Maddison' assumptions have been both admired and criticized by academics and journalists. By Bryan Haig, who has characterized Maddison's figures for 19th century Australia as "inaccurate and irrelevant",, by W. W. Rostow, according to whom "this excessive macroeconomic bias also causes him to mis-date, in my view, the beginning of what he calls the capitalist era at 1820 rather than, say, the mid-1780s."
W. J. MacPherson has described Maddison's work on early medieval India of using "dubious comparative data." Maddison's estimates have also been critically reviewed and revised by the Italian economists Giovanni Federico and Elio Lo Cascio/Paolo Malanima.
However, economist and journalist Evan Davis has praised Maddison's research by citing it as a "fantastic publication" and that it was "based on the detailed scholarship of the world expert on historical economic data Angus Maddison." He also added that "One shouldn't read the book in the belief the statistics are accurate to 12 decimal places."

Europe

1830–1938 (Bairoch)

The following estimates were made by the economic historian Paul Bairoch. Contrary to most other estimates on this page, the GNP is given here in 1960 US dollars. Unlike Maddison, Bairoch allows for the fluctuation of borders, basing his estimates mostly on the historical boundaries at the given points in time.
Country / Region183018401850186018701880189019001910191319251938
Austria4,3144,320
Austria-Hungary7,2108,3159,1909,99611,38012,29715,38019,40023,97026,050
Baltic countries2,2982,760
Belgium1,0981,3971,8092,3022,8823,2563,8044,8006,3086,7947,6588,501
Bulgaria5886166118089701,1651,2601,6132,628
Czechoslovakia6,8228,050
Denmark2562923614766127881,0951,5442,0312,4212,8932,893
Finland2562953704205506708601,1101,3951,6701,9103,339
France8,58210,33511,87013,32616,80017,38119,75823,50026,86927,40136,26239,284
Germany7,2358,32010,39512,77116,69719,99326,45435,80045,52349,76045,00277,178
Greece2002202503654406407809101,5402,3404,200
Hungary3,0254,137
Ireland1,8621,907
Italy5,5705,9516,6667,4668,2738,7459,43510,82012,59815,62418,51023,701
Netherlands9131,1051,3181,5021,8232,1882,6603,1644,1504,6606,6967,987
Norway3163784906427288861,0411,2861,6011,8342,3703,812
Poland7,32512,885
Portugal8609459851,1001,1751,2701,3601,5501,7101,8002,0462,634
Romania7608369501,1001,3501,7002,1252,4505,1236,780
Russia/USSR10,55011,20012,70014,40022,92023,25021,18032,00043,83052,42032,60075,964
Serbia320345382432560700725
Spain3,6004,1504,7005,4005,3005,4005,6756,5007,3337,4509,4988,511
Sweden5576177298601,0251,3851,7002,3583,2613,8244,6276,908
Switzerland5807009301,2001,4601,9202,1002,5993,3553,7004,3005,063
United Kingdom8,24510,43112,59116,07219,62823,55129,44136,27340,62344,07443,70056,103
Yugoslavia3,8705,221
Europe58,15266,99777,93791,073114,966126,975146,723188,534231,550256,845257,434376,947
Western Europe38,91063,670126,900-163,780179,830231,560
Eastern Europe19,24027,40061,64093,06077,600145,390
Country / Region183018401850186018701880189019001910191319251938

1500–1870 (Lo Cascio/Malanima)

The following estimates are taken from a revision of Angus Maddison's numbers for the whole of Europe by the Italian economists Elio Lo Cascio and Paolo Malanima. According to their calculations, the basic level of European GDP was historically higher, but its increase was less pronounced.
YearGDP in millions of 1990 International Dollars
1500111,680
1600133,760
1700159,440
1750205,530
1800253,900
1870619,970

Empires

Indian empires

Angus Maddison's above GDP estimates for Indian subcontinent refer to the following empires:
YearIndian subcontinentper capitaAvg GDP growth rateGDP PopulationPopulation Period
133,750,000,00045032.070,000,00030.3Classical India, Maurya Empire
100033,750,000,0004500.0%28.072,500,00027.15Middle kingdoms of India, Satavahana dynasty
150060,500,000,0005500.117%24.3579,000,00018.0Medieval India of the combined: Delhi Sultanate, Bengal Sultanate and Vijayanagara Empire
160074,250,000,0005500.205%22.39100,000,00017.98Proto-industrialization of the: Mughal Empire, Maratha Empire and Suri Empire
170090,750,000,0005500.201%24.43165,000,00027.36Proto-industrialization of the: Mughal Empire, Maratha Empire and Suri Empire
1820111,417,000,0005330.171%16.04209,000,00020.06Proto-industrialization of the: Mughal Empire, Maratha Empire and Suri Empire
1870134,882,000,0005330.975%12.14253,000,00019.83Colonial India of: British India, Kingdom of Mysore, Portuguese India, French India, and Princely state's of Nizam of Hyderabad
1913204,242,000,0006730.965%7.47303,700,00016.64Colonial India of: British India, Kingdom of Mysore, Portuguese India, French India, and Princely state's of Nizam of Hyderabad

Chinese empires

Angus Maddison's above GDP estimates for China refer to the following empires:
YearChinese regionper capitaAvg GDP growth rateGDP PopulationPopulation Period
126,820,000,00045025.4559,600,00026.39Han dynasty
100026,550,000,0004660.0%22.0659,000,00022.07Song dynasty
150061,800,000,0006000.17%24.87103,000,00023.49Ming dynasty
160096,000,000,0006000.44%28.95160,000,00028.77Ming dynasty
170082,800,000,000600-0.15%22.29138,000,00022.87Qing dynasty
1820228,600,000,0006000.85%32.91381,000,00036.57Qing dynasty
1870189,740,000,000530-0.37%17.08358,000,00028.06Qing dynasty
1913241,431,000,0005520.56%8.83437,140,00024.38Republic of China

Roman/Byzantine Empire

Much work in estimating past GDP has been done in the study of the Roman economy, following the pioneering studies by Keith Hopkins and Raymond Goldsmith. The estimates by Peter Temin, Angus Maddison, Branko Milanović and Peter Fibiger Bang follow the basic method established by Goldsmith, varying mainly only in their set of initial numbers; these are then stepped up to estimations of the expenditure checked by those on the income side. Walter Scheidel/Steven Friesen determine GDP on the relationship between certain significant economic indicators which were historically found to be plausible; two independent control assumptions provide the upper and lower limit of the probable size of the Roman GDP.
B Decimal fractions rounded to the nearest tenth. Italic numbers not directly given by the authors; they are obtained by multiplying the respective value of GDP per capita by estimated population size.
The GDP per capita of the Byzantine Empire, the continuation of the Roman Empire in the east, has been estimated by the World Bank economist Branko Milanović to range between $680 and 770 at its peak around 1000 AD, that is the reign of Basil II. The Byzantine population size at the time is estimated to have been 12 to 18 million. This would yield a total GDP somewhere between $8,160 and 13,860 million.