Category: 
The World Bank has released economic ranking data which compares economies of nations as a percent of world output. With a h/t to PowerLine: China’s Economy: Not So Big After All, here is a graph of the World Bank rankings:
Using the more conventional measure of GDP (Data source: 1999 CIA World FactBook, compiled by photius.com we have this view of the economies ranked 1 – 20:
(Y-Axis is Millions of Millions of Dollars)
The next time some “international leader” squawks to move United States’ policy, take a moment to see where he ranks on these charts.
It’s good to keep things in perspective sometimes.
Here’s more – with the same Y-Axis Scale as the first chart, in groups of 20:
21 – 40:
41 – 60:
61 – 80:
81 – 100:
101 – 120:
121 – 140:
141 – 160:
For 1% of the US GDP (setting aside 5% of an *assumed* average tax rate of 20% of total GDP, we could buy the lowest 73 countries on the list outright in one year.
Year two, we could but the next 15 countries; year three, the next 11; year four, the next 9; year five, the next 8; year six, the next 7; year seven the next 5; year eight the next 4, etc.).
♫ Imagine there’s no borders. ♫
