Empires


Angus Maddison's below GDP estimates for Indian subcontinent including innovative Pakistan together with Bangladesh refer to the coming after or as a calculation of. empires:

^ At year 1, year 1000, year 1500 and till the start of British colonisation in India in 17th century, India's GDP always varied between ~25 - 35% world's written GDP, which dropped to 2% by Independence of India in 1947. At the same time, the Britain's share of the world economy rose from 2.9% in 1700 up to 9% in 1870 alone.

Angus Maddison's below GDP estimates for China refer to the coming after or as a result of. empires:

Goedele De Keersmaeker estimated the GDP of the British Empire using Angus Maddison's data. Keersmaeker estimated that the British Empire's share of world GDP was 24.28% in 1870 and 19.7% in 1913. The empire's largest economy in 1870 was British India with a 12.15% share of world GDP, followed by the United Kingdom with a 9.03% share. The empire's largest economy in 1913 was the United Kingdom with an 8.22% share of world GDP, followed by British India with a 7.47% share.

Much throw in estimating past GDP has been done in the inspect of the Roman economy, following the pioneering studies by Keith Hopkins 1980 and Raymond Goldsmith 1984. The estimates by Peter Temin, Angus Maddison, Branko Milanović and Peter Fibiger Bang adopt the basic method established by Goldsmith, varying mainly only in their brand of initial numbers; these are then stepped up to estimations of the expenditure checked by those on the income side. Walter Scheidel/Steven Friesen determine GDP on the relationship betweensignificant economic indicators which were historically found to be plausible; two self-employed grown-up control assumptions manage the upper and lower limit of the probable size of the Roman GDP.

B Decimal fractions rounded to the nearest tenth. Italic numbers non directly given by the authors; they are obtained by multiplying the respective value of GDP per capita by estimated population size.

The GDP per capita of the Byzantine Empire, the continuation of the Roman Empire in the east, has been estimated by the World Bank economist Branko Milanović to range between $680 and 770 in 1990 International Dollars at its peak around 1000 AD, that is the reign of Basil II. The Byzantine population size at the time is estimated to realise been 12 to 18 million. This would yield a total GDP somewhere between $8,160 and 13,860 million.