Balance of Economic Power
This chart shows balance of economic power in context of 8 great powers from 1AD to present time.
At a given time the sum of 8 countries' GDP is 100% and the chart shows a percent share per country at a year noted above.
Below I've noted some major events in history which maybe interesting in the context of shifting balance.
If you think there maybe more events, please add.
FYI:
Russia: USSR, Kievan Rus', Russian Empire, Russian Federation etc..
United States: Indian tribes, European colonies, USA, etc..
the same algorithm for other countries comes from economic history analysis of Angus Maddison
Sources: CIA World Fact Book, The World Economy: Historical Statistics.
At a given time the sum of 8 countries' GDP is 100% and the chart shows a percent share per country at a year noted above.
Below I've noted some major events in history which maybe interesting in the context of shifting balance.
If you think there maybe more events, please add.
FYI:
Russia: USSR, Kievan Rus', Russian Empire, Russian Federation etc..
United States: Indian tribes, European colonies, USA, etc..
the same algorithm for other countries comes from economic history analysis of Angus Maddison
Sources: CIA World Fact Book, The World Economy: Historical Statistics.