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3,000,000
Population
2,500,000
70
80
00
10
16
18
40
50
90
17
19
19
19
19
19
19
20
20
20
20
20
After the WWII the population is started to rapidly increase, especially in Asia and
Africa, so did the GDP but the significant level of growth took place in western societies, in
Europe and the Offshoot countries. From the first 3 most populated regions two was and still
considered as poor, with the lowest GDP per capita in the word. As the average and most of
the regions GDP was growing, Asia (South and South-East) and Sub-Sahara Africa region
was stagnating and only after 2000 started to slowly increase, but still 2 or 3 times lower as
the average in the word. This tendency was a bit faster in eastern Asia. Probably because of
the fact that the government of China have brought out many households from the poverty.
In the recent years we can see a tendency of the consolidation in both population and
the GDP per capita chart. However, the gap is already enormous between the poor and the
rich regions and if we also consider the fact that poor countries are the most populated, we
should see this problem, and we should also be aware of it and find a solution.
Data:
• Meddison Project Database 2020
https://www.rug.nl/ggdc/historicaldevelopment/maddison/
References:
• Jutta Bolt, Jan Luiten van Zanden (2020) - Maddison style estimates of the evolution
of the world economy