stacked columns with the global GDP would be much better
Funny_Address_412 on
What socialism does to a country
Adaun on
This is solid and informative, most of what I have are nitpicks on exploratory choice.
Instead of, or in addition to India, it would be interesting to see the EU (as that’s another area of relative decline)
It’s also interesting that this is in Real GDP percentage. This sort of chart is often presented in PPP or per capita. Trends are a lot harder to map as a percentage out of 100. For example, China’s 17.6% today is roughly 4x what the US’s 35% was in 1985.
In general, it’s not so much that Japan’s economy is shrinking, but more so that the US and China are growing at explosive rates, relatively speaking. (Japan’s economy is 4x the size it was in 1980)
If we use PPP, the US and China are about equal, but there are assumptions about availability. If we use per capita, you get a better picture of QOL measures.
Phantasmalicious on
US has 194% debt to gdp (government + private). China’s debt to gdp (government + private) is over 300%. Of course they blast past everyone.
uniyk on
Japan’s share peaked 10 years after 1985’s Plaza Accord, how strange.
Also American animosity against Japan in 80s and Pivot Back to Asia around 2010 were both at a time when Japan and China had their share over 10% global GDP. Is 10% an auto alarm level?
Weshtonio on
“10 times since 1990” would be a more impactful title.
mojitosupreme on
Who outsourced the factories there?
anayonkars on
Curious about what happened in Japan in 1995 🙂
Reasonable_Fold6492 on
And now the chinese birth rate has completely collapsed with its birth rate being almost lower than japan.
Healthy_Razzmatazz38 on
good, obsession over share of gdp is weird, nominal gdp is what effects peoples lives. China’s richer because the words significantly more productive than it was 50 years ago, and that productivity growth was biggest in china.
12 Comments
Source: [IMF](https://www.imf.org/external/datamapper/NGDPD@WEO/OEMDC/ADVEC/WEOWORLD/MNG/CHN/JPN)
Tools: [Datawrapper ](https://www.datawrapper.de/)
Japan has sure declined a lot!
stacked columns with the global GDP would be much better
What socialism does to a country
This is solid and informative, most of what I have are nitpicks on exploratory choice.
Instead of, or in addition to India, it would be interesting to see the EU (as that’s another area of relative decline)
It’s also interesting that this is in Real GDP percentage. This sort of chart is often presented in PPP or per capita. Trends are a lot harder to map as a percentage out of 100. For example, China’s 17.6% today is roughly 4x what the US’s 35% was in 1985.
In general, it’s not so much that Japan’s economy is shrinking, but more so that the US and China are growing at explosive rates, relatively speaking. (Japan’s economy is 4x the size it was in 1980)
If we use PPP, the US and China are about equal, but there are assumptions about availability. If we use per capita, you get a better picture of QOL measures.
US has 194% debt to gdp (government + private). China’s debt to gdp (government + private) is over 300%. Of course they blast past everyone.
Japan’s share peaked 10 years after 1985’s Plaza Accord, how strange.
Also American animosity against Japan in 80s and Pivot Back to Asia around 2010 were both at a time when Japan and China had their share over 10% global GDP. Is 10% an auto alarm level?
“10 times since 1990” would be a more impactful title.
Who outsourced the factories there?
Curious about what happened in Japan in 1995 🙂
And now the chinese birth rate has completely collapsed with its birth rate being almost lower than japan.
good, obsession over share of gdp is weird, nominal gdp is what effects peoples lives. China’s richer because the words significantly more productive than it was 50 years ago, and that productivity growth was biggest in china.