Midway through the 2020s, it’s time for a quick look back at how the world’s top 20 economies have performed since 2015.This graphic ranks countries by their forecasted gross domestic product (GDP) in 2025, and visualizes their inflation-adjusted growth since 2015.The 2015 figure was calculated by reversing the effects of real GDP growth for every intervening year. All figures are in 2025 dollars.Data for this chart is sourced from the International Monetary Fund.
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21 sats \ 1 reply \ @LibertasBR 5h
It’s incredible how Brazil is always among the worst. The best thing I did was to stop losing money to inflation and invest in a truly good currency. Among the BRICS members, only India and China have performed well in these 10 years; I don’t know what the per capita value is and if it would be much different.
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0 sats \ 0 replies \ @0xbitcoiner OP 5h
In this case (GDP) it is among the best. But this GDP doesn't really say much about individuals. GDP ppp brings more information to the table, and in this case Brazil is around position 100 in the ranking (2023).
https://databank.worldbank.org/reports.aspx?source=2&series=NY.GDP.PCAP.PP.CD&country=
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55 sats \ 9 replies \ @Undisciplined 7h
I'm a little surprised that Germany was positive.
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31 sats \ 8 replies \ @0xbitcoiner OP 7h
This is modest growth over a 10-year period. I was surprised by India's 77%. Truly impressive!
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46 sats \ 6 replies \ @Undisciplined 7h
European growth is anemic, but it's still growth.
India and China had massive rates of growth. Most people live in that part of the world, so if they get their institutions in order, it would make sense for most of the economic activity to take place there.
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25 sats \ 5 replies \ @0xbitcoiner OP 7h
Yep! It would be interesting to see the per capita figures!
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35 sats \ 4 replies \ @Undisciplined 7h
They're both about 4x the size of America, so you can do a quick comparison with that.
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40 sats \ 3 replies \ @0xbitcoiner OP 6h
I don't understand the figures. trillions?
https://databank.worldbank.org/reports.aspx?source=2&series=NY.GDP.PCAP.PP.CD&country=
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0 sats \ 0 replies \ @Solomonsatoshi 6h
Nearly all of Indias GDP growth is internal consumption, not exports.
India was just ahead of Poland and behind Vietnam in terms of traded goods as of 2021-
https://unctad.org/topic/trade-analysis/chart-10-may-2021
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21 sats \ 0 replies \ @Solomonsatoshi 6h
GDP includes financialised services and domestic consumption and so it is interesting to compare with traded goods...to gauge success in terms of international competitiveness and trade surplus generation.
That is where Chinas incredible growth and now undeniable leadership in manufactured exports can be seen.
https://unctad.org/topic/trade-analysis/chart-10-may-2021
China has won the trade war and now Trump is ceding territory seized by Chinas military proxy Russia- just the start of a redrawing of global power dynamics and resource hegemony.
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