This video shows the Top 20 countries with highest GDP PPP from 1800 to 2040 based on 2011 international dollars. It gives a brief history of the world since the 1800s. China and India were ahead before the 1900s while the US started leading after the 20th century. Purchasing power parity (PPP) is a neoclassical economic theory that states that the exchange rate between two countries is equal to the ratio of the currencies' respective purchasing power. Twitter: Facebook: Source: The Angus Maddison Project & World Bank Special Thanks to Our Patron: C&MHansen Subscribe here:
Hide player controls
Hide resume playing