USA vs EU vs China vs South Asia vs Japan: Everything Compared (1960-2017) 

I Kinda want them to pass US

Maybe, I'm not sure

Maybe

Yes they will, India will improve but China will become this century's superpower very likely

WawamuStats yes

Isn't it just a byproduct of measuring stuff in US $ ? Exchange rates fluctuation?

Fluctuating? Well...yes

If it were in Euro, it would be the other way around

i know, mentally i was trying to connect what was happening at the time like the financial crisis, japan's asset price bubble, china opening up their economy. but the EU was all over the place..

@@jyrrin The EU 's economy is actually very solid (bar Spain , Greece and Italy). The numbers are purely due to the EUR / USD exchange rate fluctuations. Same goes for Japan

?

整乐了

This is how I like you nerd guys. XD

LOL

math genus

i think you made a typo there... you meant usa ahead to whole time? ya i totally agree

XdarkhunterX nope eu in front

That's because it's in usd. If it were in Euro it would be the us who would jump around and the eu would be a straight light

@@wothin its in usd because usd is the reserve currency or global currency it wouldn't make a difference if it was in euro or usd the lines would be almost exactly the same its simply because the us gdp is for safe and consistent that the euro it always jumps around alot because eu is a more divided entity than the us

XdarkhunterX no because of currency fluctuations. The reason for jumping around is because of the constant changing value versus USD. It would be the other way round in Euros.

Absolutely.

@@Just_another_Euro_dude gdp per capita of japan is higher than most western countries similar to france uk little less than germany

Yeah because of a big bubble

那是因为美国帮助，遭到美国制裁后经济就不行了

This was due to the strong yen at the time. The 1990s were the bubble burst era.

Salas Miranda yeah cuz unification wouldnt result into internal conflicts at all Eu unification is never going to work or happen Just look at the huhe political divide between the west and the east and south The wealthy countries are liberal while the polrer ones are more conservative thats just how it works Additionally the cultures are just WAY too different to unite It would just be germany cracking down on any resistance and france and britain unsuccsessfulmy trying to assert some dominance since france really didnt get over that entire rivaly thing

Zack Asmus The Balkan cannot even unite, what makes you think that a united Europe (that includes the Balkan) will not result into infighting?

Exactly, but the societies have to change otherwise they won't join in one big federal country.

Dreckbob Bratpfanne yea all easy talking and no reality at all behind it You see people in eastern europe still actually have culture as they havent abandoned them yet They dont want to change because they like how they are It has been like that since the beginning of time and you expect it to change now for no reason at all It will never work and it will never happen

@@affentaktik2810 it will happen because of a few reasons, maybe until 2050 we'll see.

It's the current members

@@WawamuStats wow. Alright. Thanks for the clarification.

All his videos refer to modern locations.

Then maybe Call it EU28

@@WawamuStats wtih UK or not?

Brazil I Love superpower

you have good observation skills

It was the logical outcome. Japan already had an educated population before ww2, (albeit misinformed in terms of ideology 😂) Their geographic location is also a huge win for international trade. They capitalized on their benefits and became the worlds factory in the 50’s and 80’s like China right after. Made cheap stuff for the world at competitive prices. Germans are Germans

@@pepehimovic3135 😂 I liek the Germans are germans

The Euro hasn't fluctuated enough to cause this, yes Euro devaluation and deflation has decreasing effects on investment as due to the uncertainty, but only to the extent the fluctuations devalue long term investments, and while the Euro fluctuates, it's overall stable and so are the economies, which means investment isn't deterred except in limited circumstances. The EU is having way deeper problems to have economic stagnation in stable countries and merely slight deviations in Euro valuation. Furthermore the Euro has on average been Stronger in value to the US dollar (1 euro = 1.19 dollar), which also impacts trade against Europe to an extent. If thy arguing about Real Gross Domestic Product, I can buy a 0.56 kg wheel of President Brie for usually 8.30, now thanks to the contagion it's 12.50. If I go to many restaurants, half the time they'll stuff me with entrees while waiting. If I go to a McDonalds, a Cheeseburger is 1.00, in England it's 1.59, in Germany it's 1.49 (Economists like to use McDonalds prices as an instrument in determining average food costs across the world because of the universal standardization, as well as globalization the food chain uses to procure food). While the valuation is in Dollars, it is the valuation of goods and services according to methodologies accepted the world over like the World Bank, you could just as easily measure it in Euros and the charts wouldn't change.

This comment should directly told to wawamustats :)

My Dream is 100.000 Subs No Video less is a good thing in this case

Vatican vs San Marino vs Monaco Vs Malta Vs Luxembourg Vs Andorra Vs Maldives (guest) Vs Singapore (guest)

California dominates any states or provinces

@@tluangasailo3663 nope

Tluanga Sailo should gimme you all over

poor Africa lol

Yeah I thought the same :/ maybe there could be a growth in population stat as one of the stats like GDP, GDP per capita, and so on

Asia would just win pretty much every (non-per-capita) category...

@@jacobwoodward4048 Lmao 😂

While it heavily depends on what your talking about Asia will win in most of the categories where population helps while North America will win in categories like GDP per Capita provided that Mexico doesn’t weigh down the scores too much.

It sucks dick and crying and moaning

Cucumber and India is comparing with America and China

that island once had 75 percent gdp of USA now third largest economy in the world. UK is also an island country have invaded 90% of the world's countries. don't underestimate islands.

Cucumber 😂😂😂😂😂

@Karthik YT Even if you remove the rest and only compare India to japan, there's still no competition! And Japan is zillion times smaller than India!

Proud of my country🇯🇵❤️🇯🇵❤️

hopefully, similar culture, appearance etc. asian has been bullied for too long

but usa dont want to see it

To do so, sk and jp need to get rid of the control of us

이런 전략적인 눈치 가지고 있는 한국인 오늘전에 본 적이 없는데여 유튜브애선 친미반중보수파 존나 많다

Let world suck our dicks again!

Where are you from? I really liked your comment.

@叶白云 of course,right！合作有利於整個人類

Yeah!!🙌

梦想是美好的，但是美帝国主义不会这么想，俄罗斯、日本，都是怎么被它欺负过的，全世界掠夺，现在又把矛头指向中国。

That s not how it works

That will be for another video where I compare Chinese provinces, American states with countries

Love China from Spain!!!

@@marcogentileyt6259 thank you😀

@V-NZX yes

@V-NZX So you are from Japan?

@V-NZX emmmm...that's interesting. I really have no ideas about the absolutely same use of up主...how do you read this word?

Canada vs Australian vs NZ vs SA

Alchemist Hermes they all should get kick back to their Brits island

I can tell, you said this with certitude.

1. Westurn asia 2. South asia 3.south east asia 4.africa

I am including gulf countries in west asia

Dude, western asia is the same with middle east

Well india can't alone carry total South Asia.....other South Asian nations are just nothing

Because the value is in USD.

@Yasoboy why then is gdp growth at 3.5%

@@Mathematiqs yes. But here the current eu countries are taken

@Yasoboy if u start with feminist politics it will certainly.

17 percent just in the first Q of 2018, overall US economy grew 2,9%, missing trump’s 3% target

Miyassanみやっさん Have fun with the awful work culture

I live in germany but i love japan

I want those abs of that man in your pfp

Agreed

You have to take that into context. There are few specific factors that made that happened. First, obviously work ethic and education, I don’t want to take that away from them, but also... After ww2 Japan military was abolished. And their defense was delegated to USA. Which allowed their defense spending be less than 1%. That’s large amount of resources you can use on development. Every year. For decades. USA has/had (will see with these trade wars) open market from the end of ww2. All American allies had access to US market. You can call it bribe. So they don’t switch allegiance to Soviets. They were all allowed to export almost unhindered to build up their economies. Obviously that’s not something that you can exploit indefinitely. This “I will protect my own market, but I will export sh*tload to America so I can grow rapidly” works only until you don’t become too big that it starts causing problems to America. After that America will just demand to open your own market as well, or they will start protecting their market just like you. These negotiations happened in 1985 and 1987 for Japan. Japan saved a lot on children. Taking care of child for 25 years until it’s released into job market is costly. Education alone for those two decades costs 250 thousand dollars. Take healthcare, housing, feeding it, sacrificing your own time, etc. They skipped that part. So for about 20 years they had tremendous amount of growth and productivity. Woman not at home with child, but working, means higher GDP. Money invested into company instead of paying for school, means higher GDP. So at the end of 1980s, they managed their pinnacle. But then 20 years were spent. Children that weren’t born, didn’t arrived in Japanese job market. Less workers, means smaller economy. And they are in economic stagnation ever since.

@@stafer3 you are right, I agree with you. Even though I had said that they have a little territory and population (compared to USA), I know that to make this possible, it's necessary the help of your own population. Japan did so many things (like you had mentioned before) before to make this possible. I don't know if you will agree with me, but I think that the culture can (or not) help a country to be developed. (because for exemple, how can you make a country less corrupt if the persons always are "trying to get out in the front" to the other persons, in other words, the habitants being corrupt too?)

It was purely due to an overvalued Yen at that point - when converted using PPP's Japan's GDP was only around 38% of the USA's Using PPP's shows a more accurate picture, if you can get PPP data that is - this shows a relative fall from 38% in 1994 to 27% in 2018 compared to a much more dramatic fall from 71% to 24% if you convert using exchange rates.

@@jonchedgy6654 who cares. GDP per capita is MUCH more important than overall GDP.

@@user-pd6bd7ir4z How does converting using PPP's change this at all? GDP per head at x-rates fell from around 152% of the US in 1994 to 63% now whereas the fall when using PPP's was a much more subdued 81% to 70%

Swords Chant EU is great what are you on

Swords Chant True

Swords Chant no, the result was of the last Norwegian referendum was 47,8 to 52,2. That is a difference in 4,5 which is not a lot. That is not a “big fat NO”

@Swords Chant Doing that math proves that the side for leaving the EU would ned circa 107k more votes to win. that's almost like the population of the city of Bodø times two: not a lot. it is worth noting that the last referendum was thirty years ago, and things could change both ways.

@Swords Chant You realize that Norway is paying MILLIONS of euros just to have access to EU market! If EU wanted your country bankrupt they could do that in no time, by banning all Norwegian goods or scrap the zero duty treaty currently in place!

True but all the 10 new member states's GDP per capita has increased quite rapidly in recent years. Also, the combined population is still less than 1/5 of the old EU. The entire eastern flank of the EU has a SMALLER population than Germany. So dont worry too much.

China still has a long way，and we nice for world!

We are still 7.7 years behind Japan, 2.2 years behind the US and 7.6 years ahead of India.

Sanju Thinks life expectancy

Sanju Thinks Dude you can't comparing data between British Raj and WWII+CivilWar China when half of Chinese population were in war zone. By 1949, China and India have life expectancy at par and the difference was only dragged from 1960 to 1975, when Chinese GDP was at its weakest point. We have chosen a development blueprint to make HDI, etc. predate GDP development, that's it. There's no better or worse development blueprint, just choice - one choose the blueprint that works best for one's home country.

@@ShreemantaChattaraj 1979年之前中国工农业产值增速也快，主要就是民国底子太差

I thought about the same. Maybe it is every state's exports added up. Still, Germany alone almost has as many exports as the US. You can see that in this Channel's Export ranking Video...

Yeah i agree, that number seemed off

@@qwertyuiopzxcvbnm9890 Most of those exports are to neighboring european union members though. Trade between Texas, Florida, and New York doesn't count as exports, and most of the regional economy of NA is just the USA. North America is the least connected region to the rest of the world economically though too.

@@ssssaa2 About 50% to 60% of EU exports go to other EU countries - it would not stop the EU being No.1 in the ranking but would significantly close the gap.

Jon Chedgy that's help Germany a lot since they ruled EU, but Italy or Greece get fucked up.

そだね。

てか日本すごくね？wこの島国でこんな大国達と戦えるとは...

我居然可以看懂你们讲话

俺達は老人の事を老害って馬鹿にしてるけど、うぜぇやつらだけど確かに凄かったよな 今の日本にはパワーがないよな

@Swords Chant lol what a weird statement to make... I come from a country with the lowest fertility rate in Europe btw, just 1.4 kids per woman, we really need to step things up in Poland! 😂

@Ricardo Milos you should only blame your country's decision for that. Not the EU.

Europe will never be united schlomo

@@rennydesu it is not united because countries in the EU are sovereign. Nobody wants to unite europe into one union. It is impossible. But a close cooperation of EU countries under one goal is good for everyone in the EU. what is Schlomo?

@@MiSt3300 The European Union is just subjugating nation states by taking away their right to defend themselves with their own personal army. The EU already controls member states by forcing monetary cuts to their funding... it's a bad idea to centralize the EU and the political bureaucracy should be shut down

That's because it is based on dollars. So its fluctuations affects the EU and Japan mostly. If it was on euros EU would be an straight line and Japan and USA would have a positive correlation.

@@presidentusa791 the lows in japan and eu gdp are connected to exports to usa, if the american consumer is not consuming you can see gdp falling in japan and eu, you can actually tell the recessions.

@Eric Morris lmao yes it is. 1.92 trllion

@Eric Morris also how tf did you find my comment its been like a year

Cuz of currency fluctuations. It would be reverse if the GDP was counted in euros instead of dollars

You forgot to say: really high suicide rate because too much work

@@armakeen3576 sadly yes

@@armakeen3576 it also has pretty low homicide rates. Japan is a weird country(in a good way).

Could you replace honor, loyalty and reliability? See what it has done to its father China🤦‍♂️🤭

Yifei Zhan diggin back at some shit 70+ years ago i see... When will you guys get over it?

Akmal Komradz also bricks

@@justalolsheep4092 It's BRICS not 'bricks' lol

Because of shitty eastern european countries

@@cool9282 Actually no, it's because of exchange-rate fluctuations

cool9282 wtf no it’s because they talk about usd would it be in Euro the USA would be shitty

Subscribe Official pfft. China will never secede the us in terms of gdp per capita

@@pinkperson7413 in china case it's total gdp

@@pinkperson7413 you do know china believes in proving people wrong

China: to beat your ass USA

@@thesportsguy3088 USA as always, impose sanction

That's true. Check his source and do the math.