Global GDP has grown massively over the last 50 years, but not all countries experienced this economic growth equally.
In 1970, the world’s nominal GDP was just $3.4 trillion. Fast forward a few decades and it had reached $85.3 trillion by 2020. And thanks to shifting dynamics, such as industrialization and the rise and fall of political regimes, the world’s largest economies driving this global growth have changed over time.
This slideshow using graphics from Ruben Berge Mathisen show the distribution of global GDP among countries in 1970, 1995, and 2020.
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