Thursday, August 20, 2020

World prosperity

Gross domestic product (GDP) is the total market value of all the finished goods and services produced within a time period. GDP per capita refers to that total number divided by the total number of people, so it's GDP per person. It's a measure of prosperity.

Using that metric in the value of US dollars in 1990, here's an overview of the world's prosperity over the last thousand years.


image

(cont'd tomorrow)

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