From 1820 to 1913, the global GDP almost quadrupled, from just under 700 billion FY1990 U.S. dollars to more than 2.7 trillion FY1990 USD. As Europe industrialized throughout this period, its share of the global GDP increased from roughly one-third in 1820 to 46 percent in 1913, with Western European* countries disproportionately driving this growth. However, the combined growth of North America, Australia, and New Zealand saw the most significant development over this period, rising from 14 billion FY1990 USD in 1820 to 583 billion FY1990 USD in 1913. While the Asia-Pacific region had the largest share of global GDP in 1820, the slower rate of industrialization meant that its share dropped significantly by 1913. This region saw the lowest growth rate during this period.
Global gross domestic product (GDP) per continent or region in 1820, 1870 and 1913
(in billion U.S. dollars)
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Cambridge University Press. (December 31, 2006). Global gross domestic product (GDP) per continent or region in 1820, 1870 and 1913 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1076289/gdp-continent-1820-1870-1913/
Cambridge University Press. "Global gross domestic product (GDP) per continent or region in 1820, 1870 and 1913 (in billion U.S. dollars)." Chart. December 31, 2006. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1076289/gdp-continent-1820-1870-1913/
Cambridge University Press. (2006). Global gross domestic product (GDP) per continent or region in 1820, 1870 and 1913 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1076289/gdp-continent-1820-1870-1913/
Cambridge University Press. "Global Gross Domestic Product (Gdp) per Continent or Region in 1820, 1870 and 1913 (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Dec 2006, https://www.statista.com/statistics/1076289/gdp-continent-1820-1870-1913/
Cambridge University Press, Global gross domestic product (GDP) per continent or region in 1820, 1870 and 1913 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1076289/gdp-continent-1820-1870-1913/ (last visited November 21, 2024)
Global gross domestic product (GDP) per continent or region in 1820, 1870 and 1913 (in billion U.S. dollars) [Graph], Cambridge University Press, December 31, 2006. [Online]. Available: https://www.statista.com/statistics/1076289/gdp-continent-1820-1870-1913/