| |
The following
estimates of per capita income of the world was made by Angus
Maddison (Emeritus Professor, University of Groningen, 1999) in his
article "Poor until 1820." After the fall of the Roman Empire,
the West entered a recession that lasted about a millennium. During this
period, per capita income of the West was no more than $500 (say in 2000
constant dollar). After the industrial revolution, due to mass production,
per capita income began to grow. |
| |
January 11, 1999 Angus
Maddison (University of Groningen, The Netherlands) |
| GDP per capita in 1990 International dollars |
| YEAR |
0 |
1000 |
1500 |
1820 |
1995 |
| World |
$425 |
$420 |
$545 |
$675 |
$5,188 |
| The West |
$439 |
$406 |
$624 |
$1,149 |
$19,990 |
| West Europe |
450 |
400 |
670 |
1,269 |
17,456 |
| North America |
400 |
400 |
400 |
1,233 |
22,933 |
| Japan |
400 |
425 |
525 |
675 |
19,720 |
| The Rest |
$423 |
$424 |
$532 |
$594 |
$2,971 |
| Other Europe |
400 |
400 |
597 |
803 |
5,147 |
| Latin America |
400 |
415 |
415 |
671 |
5,031 |
| China |
450 |
450 |
600 |
600 |
2,653 |
| Other Asia |
425 |
425 |
525 |
560 |
2,768 |
| Africa |
400 |
400 |
400 |
400 |
1,221 |
|
| Population in italics in billions |
| YEAR |
0 |
1000 |
1500 |
1820 |
1995 |
| World |
250 |
273 |
431 |
1,067 |
5,671 |
| |
$106 |
$115 |
$235 |
$720 |
$29,423 |
| The West |
25 |
33 |
65 |
156 |
739 |
| |
$11 |
$13 |
$40 |
$179 |
$14,773 |
| The Rest |
226 |
241 |
367 |
911 |
4,932 |
| |
$95 |
$102 |
$195 |
$541 |
$14,651 |
|
| |
*NOTE: These estimates draw on material for
1500-1995 in A. Maddison, "Monitoring the World Economy" (1995) and "Chinese
Economic Performance in the Long Run" (1998), published by the OECD Develop-ment
Center, Paris. The time series for GDP were merged with estimates of 1990
GDP derived by use of purchasing power conversions rather than exchange
rates and called here "international dollars." The tentative estimates for
years before 1500 were specially prepared for this article. |
| |
|