Saturday, July 21, 2018

Global Population & GDP by Year


In 1951, the global population was 2.6 billion and 30% lived in urban areas.  In 2018, the global population is 7.6 billion and 55% live in urban areas.


In 1950, global GDP was $4.1 trillion. In 2018, global GDP was $80 trillion.  The majority of this increase is due to high inflation created by abandoning the free market law of supply and demand.


Comments

In the US, urban areas include the metro area, which includes the largest city plus the suburbs and exurbs. Our rural areas were abandoned by manufacturing companies when the US off-shored manufacturing in 1993.

Norb Leahy, Dunwoody GA Tea Party Leader

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