USA vs EU vs China vs South Asia vs Japan: Everything Compared (1960-2017)
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- Опубліковано 24 січ 2025
- This video will compare countries using some of the most important aspects, which includes but not limited to GDP, GDP per capita, military expenditure, exports and imports of goods and services, life expectancy, population, HDI, urbanization, etc... In this video, we will explore the United States of America, the European Union, China, South Asia (SAARC), and Japan from 1960 to 2017.
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OECD & UN World Urbanization Prospects
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The US had been dominating for the last century, will China and India catch up in the near future?
I Kinda want them to pass US
Maybe, I'm not sure
Maybe
Yes they will, India will improve but China will become this century's superpower very likely
WawamuStats yes
The EU is on a roller coaster ride
Isn't it just a byproduct of measuring stuff in US $ ? Exchange rates fluctuation?
Fluctuating? Well...yes
If it were in Euro, it would be the other way around
i know, mentally i was trying to connect what was happening at the time like the financial crisis, japan's asset price bubble, china opening up their economy. but the EU was all over the place..
@@jyrrin The EU 's economy is actually very solid (bar Spain , Greece and Italy). The numbers are purely due to the EUR / USD exchange rate fluctuations. Same goes for Japan
The EU had mixed emotions about being in front of the US the whole time
i think you made a typo there... you meant usa ahead to whole time?
ya i totally agree
XdarkhunterX nope eu in front
That's because it's in usd. If it were in Euro it would be the us who would jump around and the eu would be a straight light
@@wothin its in usd because usd is the reserve currency or global currency it wouldn't make a difference if it was in euro or usd the lines would be almost exactly the same its simply because the us gdp is for safe and consistent that the euro it always jumps around alot because eu is a more divided entity than the us
XdarkhunterX no because of currency fluctuations. The reason for jumping around is because of the constant changing value versus USD. It would be the other way round in Euros.
EU: y=sin(x)
America: y=x
China: y=e^x
Japan: y=-2x^2
South Asia: y=0.5x
?
整乐了
This is how I like you nerd guys. XD
LOL
math genus
By "European Union" did you just take all current EU member states and combined their GDP together? Because the EU has been expanding its membership ever since its foundation
It's the current members
@@WawamuStats wow. Alright. Thanks for the clarification.
All his videos refer to modern locations.
Then maybe Call it EU28
@@WawamuStats wtih UK or not?
If the European Union moves towards a confederation, it could release all the economic and geopolitical potential it wastes in its internal conflicts
Salas Miranda yeah cuz unification wouldnt result into internal conflicts at all
Eu unification is never going to work or happen
Just look at the huhe political divide between the west and the east and south
The wealthy countries are liberal while the polrer ones are more conservative thats just how it works
Additionally the cultures are just WAY too different to unite
It would just be germany cracking down on any resistance and france and britain unsuccsessfulmy trying to assert some dominance since france really didnt get over that entire rivaly thing
Zack Asmus The Balkan cannot even unite, what makes you think that a united Europe (that includes the Balkan) will not result into infighting?
Exactly, but the societies have to change otherwise they won't join in one big federal country.
Dreckbob Bratpfanne yea all easy talking and no reality at all behind it
You see people in eastern europe still actually have culture as they havent abandoned them yet
They dont want to change because they like how they are
It has been like that since the beginning of time and you expect it to change now for no reason at all
It will never work and it will never happen
@@affentaktik2810 it will happen because of a few reasons, maybe until 2050 we'll see.
Nice detail that Japan has a white curve with a red dot. :)
you have good observation skills
Its still funny to me how Japan and Germany who lost the word war somehow manage to do better than most of the countries that won.
It was the logical outcome. Japan already had an educated population before ww2, (albeit misinformed in terms of ideology 😂)
Their geographic location is also a huge win for international trade. They capitalized on their benefits and became the worlds factory in the 50’s and 80’s like China right after. Made cheap stuff for the world at competitive prices.
Germans are Germans
@@pepehimovic3135 😂 I liek the Germans are germans
I hope that China, South Korea and Japan can have friendly relations with each others and establish FTA. Make east Asia great again!!!
hopefully, similar culture, appearance etc. asian has been bullied for too long
but usa dont want to see it
To do so, sk and jp need to get rid of the control of us
이런 전략적인 눈치 가지고 있는 한국인 오늘전에 본 적이 없는데여 유튜브애선 친미반중보수파 존나 많다
Let world suck our dicks again!
these graphics are amazing! Greetings from Brazil!
Brazil I Love superpower
2:20 I love how to the high notes to the background music nearly perfectly lines up with EU going up XD
Can we see the US states Vs the EU countries Vs Chinese provinces?
My Dream is 100.000 Subs No Video less is a good thing in this case
Vatican vs San Marino vs Monaco Vs Malta Vs Luxembourg Vs Andorra Vs Maldives (guest) Vs Singapore (guest)
California dominates any states or provinces
@@tluangasailo3663 nope
Tluanga Sailo should gimme you all over
All continents against each other would be a great video idea
poor Africa lol
Yeah I thought the same :/ maybe there could be a growth in population stat as one of the stats like GDP, GDP per capita, and so on
Asia would just win pretty much every (non-per-capita) category...
@@jacobwoodward4048 Lmao 😂
While it heavily depends on what your talking about Asia will win in most of the categories where population helps while North America will win in categories like GDP per Capita provided that Mexico doesn’t weigh down the scores too much.
Because it is Measured in US Dollars US will be straight line while changes in the value of Euro will change what the $ GDP of EU is even is Actual economy isn't going up or down much that is why EU is roller coaster ride
The Euro hasn't fluctuated enough to cause this, yes Euro devaluation and deflation has decreasing effects on investment as due to the uncertainty, but only to the extent the fluctuations devalue long term investments, and while the Euro fluctuates, it's overall stable and so are the economies, which means investment isn't deterred except in limited circumstances. The EU is having way deeper problems to have economic stagnation in stable countries and merely slight deviations in Euro valuation. Furthermore the Euro has on average been Stronger in value to the US dollar (1 euro = 1.19 dollar), which also impacts trade against Europe to an extent. If thy arguing about Real Gross Domestic Product, I can buy a 0.56 kg wheel of President Brie for usually 8.30, now thanks to the contagion it's 12.50. If I go to many restaurants, half the time they'll stuff me with entrees while waiting. If I go to a McDonalds, a Cheeseburger is 1.00, in England it's 1.59, in Germany it's 1.49 (Economists like to use McDonalds prices as an instrument in determining average food costs across the world because of the universal standardization, as well as globalization the food chain uses to procure food). While the valuation is in Dollars, it is the valuation of goods and services according to methodologies accepted the world over like the World Bank, you could just as easily measure it in Euros and the charts wouldn't change.
When an island is better than all of South Asia in every aspect
Cucumber and India is comparing with America and China
that island once had 75 percent gdp of USA now third largest economy in the world. UK is also an island country have invaded 90% of the world's countries. don't underestimate islands.
Cucumber 😂😂😂😂😂
@Karthik YT Even if you remove the rest and only compare India to japan, there's still no competition!
And Japan is zillion times smaller than India!
Proud of my country🇯🇵❤️🇯🇵❤️
The fact that most of the basic aspects of life I’m experiencing right now is kind of unimaginable even for around a decade or two back then. Am still shocking that we only skyrocketed the numbers in the 2010’s.... i guess most parts of the world aren’t quite ready for a rapidly developing China.
I am very grateful to those who endured everything to see how their hard work paid off now. Much respect
USA - a fairly straight line
European Union - *Regularshow intro earape sound*
EDIT: don’t read the replys, it’s a political riot down there.
Because the value is in USD.
@Yasoboy why then is gdp growth at 3.5%
@@Mathematiqs yes. But here the current eu countries are taken
@Yasoboy if u start with feminist politics it will certainly.
17 percent just in the first Q of 2018, overall US economy grew 2,9%, missing trump’s 3% target
The incredible is that Japan in 1995, with only +-33% of USA's population and with a little territory (nearly 30x smaller) that have so many earthquakes had 75% of USA GDP.
Greetings from Brazil
You have to take that into context. There are few specific factors that made that happened.
First, obviously work ethic and education, I don’t want to take that away from them, but also...
After ww2 Japan military was abolished. And their defense was delegated to USA. Which allowed their defense spending be less than 1%. That’s large amount of resources you can use on development. Every year. For decades.
USA has/had (will see with these trade wars) open market from the end of ww2. All American allies had access to US market. You can call it bribe. So they don’t switch allegiance to Soviets. They were all allowed to export almost unhindered to build up their economies. Obviously that’s not something that you can exploit indefinitely. This “I will protect my own market, but I will export sh*tload to America so I can grow rapidly” works only until you don’t become too big that it starts causing problems to America. After that America will just demand to open your own market as well, or they will start protecting their market just like you. These negotiations happened in 1985 and 1987 for Japan.
Japan saved a lot on children. Taking care of child for 25 years until it’s released into job market is costly. Education alone for those two decades costs 250 thousand dollars. Take healthcare, housing, feeding it, sacrificing your own time, etc. They skipped that part. So for about 20 years they had tremendous amount of growth and productivity. Woman not at home with child, but working, means higher GDP. Money invested into company instead of paying for school, means higher GDP. So at the end of 1980s, they managed their pinnacle.
But then 20 years were spent. Children that weren’t born, didn’t arrived in Japanese job market. Less workers, means smaller economy. And they are in economic stagnation ever since.
@@stafer3 you are right, I agree with you. Even though I had said that they have a little territory and population (compared to USA), I know that to make this possible, it's necessary the help of your own population. Japan did so many things (like you had mentioned before) before to make this possible.
I don't know if you will agree with me, but I think that the culture can (or not) help a country to be developed. (because for exemple, how can you make a country less corrupt if the persons always are "trying to get out in the front" to the other persons, in other words, the habitants being corrupt too?)
It was purely due to an overvalued Yen at that point - when converted using PPP's Japan's GDP was only around 38% of the USA's
Using PPP's shows a more accurate picture, if you can get PPP data that is - this shows a relative fall from 38% in 1994 to 27% in 2018 compared to a much more dramatic fall from 71% to 24% if you convert using exchange rates.
@@jonchedgy6654 who cares. GDP per capita is MUCH more important than overall GDP.
@@いちごくん-l6d
How does converting using PPP's change this at all?
GDP per head at x-rates fell from around 152% of the US in 1994 to 63% now whereas the fall when using PPP's was a much more subdued 81% to 70%
The whole world should work together for a better life.🤝🤝🤝
Where are you from? I really liked your comment.
@叶白云
of course,right！合作有利於整個人類
Yeah!!🙌
梦想是美好的，但是美帝国主义不会这么想，俄罗斯、日本，都是怎么被它欺负过的，全世界掠夺，现在又把矛头指向中国。
That s not how it works
South East Asia vs south Asia vs western Asia and middle East vs Africa
I can tell, you said this with certitude.
1. Westurn asia
2. South asia
3.south east asia
4.africa
I am including gulf countries in west asia
Dude, western asia is the same with middle east
Well india can't alone carry total South Asia.....other South Asian nations are just nothing
China still has a long way to go. Keep moving!
China still has a long way，and we nice for world!
We are still 7.7 years behind Japan, 2.2 years behind the US and 7.6 years ahead of India.
Sanju Thinks life expectancy
Sanju Thinks Dude you can't comparing data between British Raj and WWII+CivilWar China when half of Chinese population were in war zone. By 1949, China and India have life expectancy at par and the difference was only dragged from 1960 to 1975, when Chinese GDP was at its weakest point. We have chosen a development blueprint to make HDI, etc. predate GDP development, that's it. There's no better or worse development blueprint, just choice - one choose the blueprint that works best for one's home country.
@@shreemantachattaraj 1979年之前中国工农业产值增速也快，主要就是民国底子太差
For some reason, I feel like this topic should be used for the old comparison style because the EU, USA, China is a group many states(USA), provinces(CHINA), and countries(EU) so we can see their total power but we can't see what is the best of these three groups.
That will be for another video where I compare Chinese provinces, American states with countries
*Japan runs alone that's why it's the best. Japan is: honor, loyalty, reliability, abnegation, high tech super reliable goods. Respect from Italy.*
You forgot to say: really high suicide rate because too much work
@@armakeen3576 sadly yes
@@armakeen3576 it also has pretty low homicide rates. Japan is a weird country(in a good way).
Could you replace honor, loyalty and reliability? See what it has done to its father China🤦♂️🤭
Yifei Zhan diggin back at some shit 70+ years ago i see...
When will you guys get over it?
The EU is on one wild ride,so much fun living here! :-)
Swords Chant EU is great what are you on
Swords Chant True
Swords Chant no, the result was of the last Norwegian referendum was 47,8 to 52,2. That is a difference in 4,5 which is not a lot.
That is not a “big fat NO”
@Swords Chant Doing that math proves that the side for leaving the EU would ned circa 107k more votes to win. that's almost like the population of the city of Bodø times two: not a lot.
it is worth noting that the last referendum was thirty years ago, and things could change both ways.
@Swords Chant You realize that Norway is paying MILLIONS of euros just to have access to EU market! If EU wanted your country bankrupt they could do that in no time, by banning all Norwegian goods or scrap the zero duty treaty currently in place!
EU strong! Together we are one of the leading forces in the world, divided we are prone to attacks from the strong.
@Swords Chant lol what a weird statement to make... I come from a country with the lowest fertility rate in Europe btw, just 1.4 kids per woman, we really need to step things up in Poland! 😂
@Ricardo Milos you should only blame your country's decision for that. Not the EU.
Europe will never be united schlomo
@@rennydesu it is not united because countries in the EU are sovereign. Nobody wants to unite europe into one union. It is impossible. But a close cooperation of EU countries under one goal is good for everyone in the EU.
what is Schlomo?
@@MiSt3300 The European Union is just subjugating nation states by taking away their right to defend themselves with their own personal army.
The EU already controls member states by forcing monetary cuts to their funding... it's a bad idea to centralize the EU and the political bureaucracy should be shut down
Japan's GDP has very high positive correlation with that of EU.
That's because it is based on dollars. So its fluctuations affects the EU and Japan mostly. If it was on euros EU would be an straight line and Japan and USA would have a positive correlation.
@@presidentusa791 the lows in japan and eu gdp are connected to exports to usa, if the american consumer is not consuming you can see gdp falling in japan and eu, you can actually tell the recessions.
I live in japan, it's is fortunately.
I want to better world life levels,lifespan and understand another countries.
Thanks this video made.
Miyassanみやっさん Have fun with the awful work culture
I live in germany but i love japan
I want those abs of that man in your pfp
Japan is amazing, even though it only has around 120 million inhabitants, but they can counterbalance the union of nations such as EU and giant population countries such India & China.
Tietoja Akbar Baroroh 😊
Actually their economy is doing pretty horribly and it's been like that since 1995. Japan has around a third of the US population and around a fifth of the EU's.
@@azaria_phd yea cuz since the late of 20th century there were more elder than younger. So, their economy had become fluctuative.
@Adib almost all country was shit before so whats your point? We're talking about the present not past bitch
@Adib Was a slave to China culturally? Wat?
*_decades ago_*
Japan : now we proudly say we are above usa in gdp percapita
USA stare jealously : wait that's illegal
*_impose plaza accord_*
USA : now I'm number one again
*_decades later_*
USA : CHINA WHAT ARE YOU DOING?
Subscribe Official pfft. China will never secede the us in terms of gdp per capita
@@pinkperson7413 in china case it's total gdp
@@pinkperson7413 you do know china believes in proving people wrong
China: to beat your ass USA
@@thesportsguy3088 USA as always, impose sanction
a great topic. hope you can update this video in 2021, must be fun to see it, since so many events (coronavirus, forest fire, locust, racial fight ...) in 2020. the world must take a big hit.
很直观，很清晰，谢谢up主🙏
Love China from Spain!!!
@@marcogentileyt6259 thank you😀
@V-NZX yes
@V-NZX So you are from Japan?
@V-NZX emmmm...that's interesting. I really have no ideas about the absolutely same use of up主...how do you read this word?
Please do video on south Asia vs Africa vs southeast Asia vs middle east
I have some doubt that how you calculate the total exports of the EU, is there include the product's inner circulate among the EU?
I thought about the same. Maybe it is every state's exports added up. Still, Germany alone almost has as many exports as the US. You can see that in this Channel's Export ranking Video...
Yeah i agree, that number seemed off
@@qwertyuiopzxcvbnm9890 Most of those exports are to neighboring european union members though. Trade between Texas, Florida, and New York doesn't count as exports, and most of the regional economy of NA is just the USA. North America is the least connected region to the rest of the world economically though too.
@@ssssaa2 About 50% to 60% of EU exports go to other EU countries - it would not stop the EU being No.1 in the ranking but would significantly close the gap.
Jon Chedgy that's help Germany a lot since they ruled EU, but Italy or Greece get fucked up.
Wonderful work ! Simple, clear and informative! Astounding work, thank you!
This is so under rated channel.
Latin America vs Western Europe vs east Asia vs USA
What the fuck are you saying?? If Latin American can't compete with other developed regions...
@@marcogentileyt6259 Latin America has nominal GDP of 5.5 trillion dollars. So it can compete.
@@sumitroy3483 1/4 of other regions,cant compete
@@marcogentileyt6259
East Asia developed? Oh, okay, Qatar, Israel and Emirates, but others, developed countries? Latin America is the third richest continent, around 2030 it'll have 5 developed nations and around 2040, majority will be developed.
What if EU vs NA vs Middle East/ Arab Union vs East Asia (Developed Region)
Then ASEAN vs SA vs South Asia (Developing Region)
日本頑張ってほしい
そだね。
てか日本すごくね？wこの島国でこんな大国達と戦えるとは...
我居然可以看懂你们讲话
俺達は老人の事を老害って馬鹿にしてるけど、うぜぇやつらだけど確かに凄かったよな
今の日本にはパワーがないよな
Love your videos!
Tracing the different parties in office offers some interesting insights.
Amazing wawamustats.. love to know about u more !!
This comment should directly told to wawamustats :)
Its crazy to think that at one point Japan, a small island country, would have a larger economy than all of Asia combined.
South asia not all asia..
@I’m Laughing yeah it's not like India and China were struggling due to centuries of exploitation and loss...
random math teacher :
"LeTs difFeRentIatE tHis fUNctiOn"
EU seems like on a rollercoaster... while USA maintained its upward trajectory almost at the same pace....
Because of shitty eastern european countries
@@cool9282 Actually no, it's because of exchange-rate fluctuations
cool9282 wtf no it’s because they talk about usd would it be in Euro the USA would be shitty
Yes!! New WawamuStats video!!
Was EU's exports data combining all EU members' data together simply? I guess it's not fair to do so. It should be removed these internal exports data between EU members.
Looking at the data this appears to be the case.
Intra-EU trade usually accounts for 50% to 60% of total exports. So the EU would still come in at first place but the gap would not be as large.
or count "exports" between US states
@@alquinn8576 I don't believe it does.
I agree with you. Few people noticed this.
I have the feeling that the total exports of the EU are calculated incorrectly... you cannot just add all the exports of the EU countries together because most "exports" stay within the EU
Japan doing that great without any natural resource and being a mountainous country
with full of natural disaster
and an old population respect ♥
WOW this chart dances on the rhythm of music!
I like your music choice
Being an Indian it's so frustrating to see being at last. People here should stop fighting over politics and help the country to grow
we along with Pakistan , and Bangladesh represent 25% of world , yet we have have gdp per capita of only 1500 , and 30%or more are below poverty line , why cant we be like china
politicians are not to be blamed , we as people , failed utterly , blinded by facts and followed own figures , gods and our own personal gain
ZuboyTV
83% of Indian are living under 5.5 $ a day.
Question: what is poverty line in India ?
@@ZsXie10 dumbass , expenses are also less , $1 is enough for a one time meal , and house cost is way too low compared to other countries,
So even earning less in international numbers you have to compare same with living cost per day of the country
A clear ignorance if urs
@@ZsXie10 of*
@@ZsXie10 so ? It's 84 , Average IQ doesn't represent me and in terms of population and poverty 84 is not bad
GDP of European Union looks exactly like my doctor`s prescription.
吾曾沉沦苦海
Jesus EU is like waves on top of the ocean xDD
Please do a Canada vs Australia video. It'd be interesting to see how these Commonwealth countries have fared. Perhaps include UK and NZ too
Canada vs Australian vs NZ vs SA
Alchemist Hermes they all should get kick back to their Brits island
In 2018 the EU actually exported 2170 Billion.
If you exclude intra-trade which you should have.
Isak Samuelsson that's why Germany Netherlands looks exported hell lots of goods in other videos, it's like China or American one province exports to another province.
@@AlmightyAaron0423 Exactly. How much trade a country have depends on:
Where most inhabitants live, if they live close to another country's borders or if the population is centred in the middle of the country. Compare the cities St Petersburg and Moscow. Guess which of the cities who possibly trades more with the outside world? Answer: St Petersburg. Because driving a truck or train all the way to Moscow takes time because it lies so deep in the country.
Germany is sparsely populated in the centre of the country, most germans live in the west or south, very close to dense countries like Belgium and Netherlands and Austria, Switzerland that's why they trade so much with each other.
So basically: Size and where most inhabitants live is what matters. Have that in mind when comparing trade. Because numbers mean nothing themselves.
Why is South Asia here? It is clearly in another level. not comparable to others
@@ekaanshahuja5535 Ok? What does that have to do with today? They shouldn't have been included. The Soviet Union/Russia should have been.
@@ekaanshahuja5535 the growth rate of India is fairly low for a big developing economy, to be honest. It has to be about 12% if India wants to grow like China in 2000s
You can see it's not creating a rollercoaster unlike EU and USA.. they are stable coz of population they will surpass USA GDP
It seems like European Union is taking a ride on Roller coaster
Cuz of currency fluctuations. It would be reverse if the GDP was counted in euros instead of dollars
We are still 7.7 years behind Japan, 2.2 years behind the US and 7.6 years ahead of India.
What is formula plz tell me
@@abesaale6339 Those are the life expectancies listed in the video
LMAO
Kind of like the background music. It makes the video looks magnificent.
I deeply love your videos
I really like this background music!
It sucks dick and crying and moaning
The US has a GDP per capita of 60k. China, 9k.
Ultimately, China as a still developing nation will keep growing until it reaches its full potential. China would have an overall GDP of 83 trillion if they were to catch up with the US's per capita GDP.
Mario copyright is really a big deal,I'm Chinese and thanks for your advice
Mario The situation is changing.there used to be free music everywhere in China's internet.but now we have to pay for the music because of copyright
Mario it seems that you know nothing about recent china
@Mario if you don't know anything about recent China then stop making comments about it as if you do.
Mario first, how can you judge china and chinese people?who the fuck you think you are? You think you a hero to save china and Chinese people?second,you mixed two conceptions freedom and liberty ,there is not liberty in china indeed.but there is individual freedom.i can do anything I want to except voting.but I don't think I need to vote.china is no more communist .china is even more capitalism than western world .there are more opportunity in china .I admit that there is more freedom on politics in western world.but that does not mean I need to envy you guys.we have much lower cost of living ...
US, China, EU and India are all really unions of different nations. Only Japan is a one-nation state. Japan is amazing. So is Germany.
MrShamsiyah But.. but Germany is also made up of smaller nations...
@@johnnyhaselnuss9808 Even so, Germany is far more homogeneous than any of the countries I compared to Japan.
MrShamsiyah The U.S isn’t really a Union since the states aren’t independent countries
MrShamsiyah If you’re talking about some of the unorganized and organized islands the U.S owns than they probably don’t count that as the U.S’s GDP since they are technically their own countries.
MrShamsiyah And you have to remember that the U.S is the one that helped Japan into economic growth
Ty for this video.
Damn, that Plaza Accord hit so hard.
EU dancing with the US
The European Union has shown that together they are stronger.
Unfortunately, they do not show more entanglements as they used to :((
Ah yes I love unelected officials and people from Germany deciding what I can and can't do, and what my country can and can't do!
We are tired a about inmigración, fucking Merkel open the borders, but You are right we Need create more Big tech companies.
@@billylawuk They are elected. Or do you question representative democracy ?
@@Simon-nl3en 😂
@@Simon-nl3en they are elected to a certain extent.
We vote those that then vote the leaders.
It should be a direct Democracy
8 trillion in exports... crazy
Love your comparisons!
After World War II, the foundation of India was actually much better than that of China. First, India did not cause the destruction of a large-scale war. Unlike China’s successive years of war since 1912, including World War II and the Kuomintang civil war, India’s international environment after World War II was much better than China’s. There are no large-scale sanctions in Western countries. In 1949, India’s industrial infrastructure and infrastructure construction was much better than China’s.
USA didn't have much damage in 2008 from the video.Is it true?
EU EU EU STRONG
LionKingGamer But it can’t beat one country
@@0-0hertz93 USA it's not 1 country it's 50 states
Dominic London 50 states is one country you idiot
EU = empires
msiddique siddique siddique I thought empires were powerful
nobody:
china in 2001: I am speed
wait why am I using a dead meme
emrald spelled wrong I am speed: China
It's pretty wild that the EU exports more than triple the amount China and the US do. I wonder how it's counted though, is it EU exports to non EU countries or total exports of all EU countries including to other members, because the latter would scew the numbers.
Marvin other members arent included
I noticed that Japanese GDP fell down after huge earthquakes. It's a surprising thing that Japanese GDP seldom went beyond that of 1995, just around the huge earthquake at Hyogo Prefecture.
EU: dancing with me! up down up down up.........
3:09 red capes are coming, red capes are coming !
Despite being a country with limited natural resource and size of land, Japan as a country is richer and wealthier than the entire European continent, amazing. Proud and glad to be born Japanese! :)
Did you watch the video ? Japan is not richer than the EU
@@nacimsouni8539 the correct way to measure how rich the country is the gdp per capta and not the total gdp itself. Otherwise India would be richer than the UK.
@@vmorita And the correct way to measure GDP per capita is to use PPP's - which shows the EU28 going from 77% of Japan's GDP per head in 1996 to 102% last year.
(source: OECD)
Actually Japan it is not richer
Anyways, I'm not belittling the European Continent, I'm just saying that I'm glad to be Japanese. I know that Japan used to be wealthier in 80's and 90's, but considering the size of the land, lack of natural resource, high population of seniors, we're still one of the wealthiest and reliable economy on the Earth. Our currency is pretty much stable and paired with US$ since ever despite the recession of mid 90's, and the unemployment rate here is one of the lowest in the world with 2.3% .
you are the best channel ever love too much from Egypt
I’m not sure whether you subtracted exports between countries in the EU in the Total exports for the EU
That's true. Check his source and do the math.
How about The world's high-speed train mileage development ～plz
The EU is your heart rate when you go from 1st to 23rd to 14th in Kahoot
Funny how the USA can beat out the EU in gdp but the EU is like 20 countries
And USA is like 50 countries. USA is bigger than the entire continent of Europe.
@@javiervalentincamunas367 acually usa is 50 STATES not COUNTRIES, second european continent is bigger than usa's by few hundred thousand km2
True
@@canigetsubs-pm7hz but this is the EU not all of europe so of land the EU is smaller
@@javiervalentincamunas367 eu has 800m people.
Us has 300m people.
Awesome work. Great grapics supported by astonishing music. It’s however important to note that the European Union didn’t exist in currunt form at most of the projected years and that many eastern European countries were part of the Soviet Union or followed socialistic policies (e.g. Yugoslavia), thus a lower (average) GDP for the EU as a whole.
True but all the 10 new member states's GDP per capita has increased quite rapidly in recent years. Also, the combined population is still less than 1/5 of the old EU. The entire eastern flank of the EU has a SMALLER population than Germany. So dont worry too much.
Does the EU graphic shows the exports between european countryes ?
I feel the world will be divided into 6 big parts in the future
America
China
EU
South Asia
Russia
Latin America
don't forget indonesia at 2019 currently 7th largest gdp ppp and projected 4th largest in the world at 2034 by IMF
Orang goblok kamu nak
No, China and Russia will economic combination.
China more people few place,Russia few people more place.
Russia has already figured out， Russia's development is very simple. Planting corn on every inch of land in Russia ，Russia will get most high at per-GDP the world.
America is a continent
Russia is slowly turning into Latin America with it's decreasing population
It used to have more people than modern America
Happy to see that live expectancy is growing in all countries, especially in poor countries. This is most important than any economic index.
no one are talking about S Asia
why?
Because they are first in nothing
@Ankit Banerjee What?
@Ankit Banerjee Most of them.
@Ankit Banerjee Like 75%
@@siloy23 I think it should be 95%
アメリカ、中国、EU、アジア。
これ、小さな国が集まった1つのグループ。
日本は小さな国のはずなんだが😂
Do your figures for EU exports include trade between EU member states or just trade between EU states and non-EU states?
How much of the US economy is military spending?
The EU focous on exporting is the right idea, in my opinion
An economy does not work in this way. You can’t compare government spending with export. Is like comparing apples with cars.
EU should spend more money for military. At least 2% of GDP
Maybe because america defends the EU allowing EU to focus less on defense.
Except UK , France , germany and Italy, Eu is not strong.This four countries GDP approximately 12 trillion
Europe actually has very strict rules especially economic ones in order to join. Your economy must be strong and your country stable and democratic, That is more of a factor. Even Greece that was hit so bad in the last financial crisis still has a good GDB and GDB per Capita compared to other developed countries. It is funny thought how unstable it seems on this video compared to the US. Still pretty good for the EU. If they manage to stabilize their growth and make it sustainable they have so much exports they could dominate the world economy before the Chinese manage to.
@@cocochanel2527 50 billion not million
What’s the name of this song?
Its funny how Japan had such a huge gdp per capita and in 2022 it is projected that Czech Republic overtakes them
In term of PPP per capita maybe yeah but nominal per capita is quite a long way to go
@@zakwanarif Yea but ppp might be more important. There are countries which are very expensive, so locals cant buy more stuff than in countries with much lower nominap gdp per capita. I mean sure, iphones and cars are in international prices, but services, food, housing, energy is in local price. Japanese ppl might have better computers, clothing and cars, but when it comes to services, housing, transportation or food they can buy the same as Czechs. If you travel or invest outside your country then you need nominal gdp, but when you live locally you are determined by ppp.
I love the music😌
There was so much potential in the EU. It is amazing how a 330 million country can beat a 770 million let alone 1.4 billion. Still i think EU can match and even beat USA same goes to China but maybe in the future more people have to go to the US to stay competitive. Because the states as individual countries are huge but lack population. For example Texas is as big as France + its colonies yet France has over twice the population and this almost twice the GDP. California is like 2.5 times bigger than UK and it has 20 million less people.
you know, that the eu's population is declining and the potential already ran out
@@franknwogu4911 The talent is there. Europe is a rich place with a positive immigration and big economy so there is the potential. China is starting to lose it's potential. The population is already shrinking or it will start officially within 5 years or less and their population is radically starting to get old
@@davout5775 i hope europe will beat china, china is slowing down and china can't pay its private debt, it does have low public debt
@@franknwogu4911 don't look so much at the debt. It doesn't really matter. All countries owe their debt to themselves and their people. Now the government takes money from your parents to pay the pensions of your grandparents. In the future their will take from your pension funds or your money in the bank to pay the pensions of your parents. And if you need money they take money from other people giving them to you and then they expect you to return them with a % up
@@davout5775 yes, but china is bulking debt for growth- its unsustainable
Once Britain leaves EU expect a huge dropout as he second largest economy of Europe leaves
Uk is unimportant for us.🇪🇺
Germania 83 haha yeah keep telling yourself that when November comes around
Germania 83 I’m not British you complete fool. And you are a tool. I am talking comparatively with the economies of USA and China, the Eu will fall. Why do such inbred exist?
@@Timmmm1603 Germany's about to head into a recession, the yellow vests in France are running rampant. Germany and France are going to need to pick up the economic slack and prop up the EU after the UK leaves. 😂
Do ASEAN vs EU vs CSTO
Akmal Komradz also bricks
@@justalolsheep4092 It's BRICS not 'bricks' lol
USA and EU: have epic boss fight
China: "Late for the party?"
South Asia: There's a party?
Oh my, what a lovely comment section down here.