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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:
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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)

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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:
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41 – 60:
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61 – 80:
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81 – 100:
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101 – 120:
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121 – 140:
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141 – 160:
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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.




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