List of regions by past GDP (PPP) 1 1st century Han China
26 820 26.2 2 1000 Song China 26 550 22.7 3
1500 Ming China 61 800 25.0 4 1600 Ming
China 96 000 29.2 5 1700 Qing China 82
800 22.3 6 1820 Qing China 228 600 32.9 7
1870 Qing China 189 740 17.2 8 1913 Republic
of China 241 344 8.9 9 1950 People's Republic of
China 239 903 4.5 10 1973 People's Republic of
China 740 048 4.6 11 1998 Republic of India 1
702 712 5.0 List of regions by past GDP (PPP)
These are lists of regions and countries sorted by their estimated real
gross domestic product (GDP) in terms of purchasing power parity (PPP),
the value of all final goods and services produced within a
country/region in a given year. GDP dollar (international dollar)
estimates here are derived from PPP estimates. In some of these
lists, the term country corresponds to the geographical region of the
country being referred to, not the country itself. Most of the
information below is based on estimates by economic historian Angus
Maddison, former professor at University of Groningen and assistant
director of the economics development division for the Organisation for
Economic Co-operation and Development, in his work The World Economy:
Historical Statistics. Estimates are for the periods from the 1st
century to 1998, with figures in millions of international dollars, and
shares of world GDP are also given. Maddison' assumptions have been
criticized and admired by academics and journalists. Bryan Haig, who has
characterized Maddison's figures for 19th century Australia as
"inaccurate and irrelevant"[1], by John Caldwell, in whose assessment
Maddison's arguments have a "dangerous circularity"[2], by W. W. Rostow,
according to whom, "This excessive macroeconomic bias also causes him
(Maddison) to mis-date, in my view, the beginning of what he calls the
capitalist era at 1820 rather than, say, the mid-1780s[3], and by W. J.
MacPherson who has described Maddison's work on India and Pakistan of
using "dubious comparative data."[4] 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."[5] NicholasD.Kristof:Glory
is as ephemeral as smoke and clouds