The World's Top Economies in 9 Minutes

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Economics Explained

Economics Explained

Күн бұрын

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@EconomicsExplained
@EconomicsExplained 4 жыл бұрын
Thanks for watching EE nation! ❤️ If you enjoyed, please consider supporting the show on Patreon! 😎 See new videos early, participate in exclusive Q&As, and more! ➡️ www.patreon.com/EconomicsExplained
@MyAlterna
@MyAlterna 4 жыл бұрын
please make a video about Indonesia.
@bloodraven9664
@bloodraven9664 4 жыл бұрын
amerika nr 1 lol have you actually seen their suburbs ? how 99 % of their population lives in poverty these days ????????
@piyushmankad3000
@piyushmankad3000 4 жыл бұрын
How does brazil and Italy both have no 8
@sachbolo6793
@sachbolo6793 4 жыл бұрын
Where is New Zealand? THE EASIEST PLACE TO DO BUISINESSES
@Somewhereinthisuniverse
@Somewhereinthisuniverse 4 жыл бұрын
Hey man love your videos but 2:04 its actually Pakistan no offense but that is not from India just clarifying
@butterandsalt3601
@butterandsalt3601 5 жыл бұрын
Bold of you to assume the brexit is done in 4 months.
@EconomicsExplained
@EconomicsExplained 5 жыл бұрын
Haha yeah, maybe let’s re-explore this one in 4 decades, who knows!
@Madhattersinjeans
@Madhattersinjeans 5 жыл бұрын
@@EconomicsExplained My guess as to why it's taking so long is that the PM's simply don't want to engage in brexit. It's definitely a bad decision, and the House of Commons (and probably Lords too) were something like 3/4s in favour of remaining in the EU including Theresa May, so the politicians in areas that voted the majority to leave have to toe the line between what they want and representing the public. By kicking the can down the road long enough, eventually the public will get a second referendum or parliament who have a majority to remain in the EU and thus avoid the constitutional crisis it has brought about. As much as it's incredibly annoying to hear about it all the time, the alternative is considerably worse should the UK actually try and leave the EU. By just waiting out the current extremist reactionaries to die down, a remain result becomes more probable. And I think even the EU would be okay with that, admittedly under protest. It's already sent strong messages to other parties in EU countries that had a leave platform to suddenly change their minds. By revealing how costly and frankly dangerous leaving the EU is to the Eurosceptics it silences their support a little. That's not to say people who vote to remain in the EU like it, but reforming the EU from within is far more powerful than just abandoning the project as a whole. Nor is this to say the EU doesn't have it's issues in it's own right, in terms of representation, funding and other issues it still has a long way to go. But leaving the whole thing is clearly not the answer.
@jynexe3056
@jynexe3056 5 жыл бұрын
@@Madhattersinjeans So what you're saying is that you want to overturn the democratically chosen idea because you dont think it's a good idea?
@Pretency
@Pretency 5 жыл бұрын
@Kaiser Wilhelm II It's the other way around no? We can't get out because the way to leave is no deal, but everyone accepts the danger that poses. Parliament don't want a deal. Remainers don't want a deal. Brexiteers don't really want a deal. Now we have a situation where Brexiteers are literally doing everything they can to force us out. The bullying is coming from the hard right, in words and deeds.
@nelsonbaro7996
@nelsonbaro7996 5 жыл бұрын
@@Madhattersinjeans I agree with what you said about not leaving the EU. However, I might be mistaken here and if I am, please help me understand, but didn't the United Kingdom lose their chance to stay in the EU about nearly a year ago. The EU gave them the ultimatum to stay, but they didn't even consider it. Now, I don't see how they could possibly stay even if they wanted to.
@Gallalad1
@Gallalad1 5 жыл бұрын
Ah yes, the ancient french tradition of rioting
@EconomicsExplained
@EconomicsExplained 5 жыл бұрын
But like actually though! I am so sad that you are the first person to have picked up on this XD
@Gallalad1
@Gallalad1 5 жыл бұрын
@@EconomicsExplained I mean, when I was last in Paris I found this to be true, cant be a good French riot. The only thing more ubiquitous is their strikes
@Madhattersinjeans
@Madhattersinjeans 5 жыл бұрын
@@Gallalad1 If I was French I would riot all the time as well. Can't blame them for that.
@martiddy
@martiddy 5 жыл бұрын
French people rioting since ancient times
@ritagasper1958
@ritagasper1958 5 жыл бұрын
Hong Kong seems to be listening
@DixyBixy
@DixyBixy 5 жыл бұрын
Colombia's economy based on exporting of Cok... Coffee. Dont think we missed what you did there haha
@tudorardelean8073
@tudorardelean8073 5 жыл бұрын
黄碧玺 that.... that was the joke...
@Fabisala
@Fabisala 5 жыл бұрын
As Chinese economy's based on cheap and bad products??
@markus9641
@markus9641 5 жыл бұрын
@@Fabisala Look around yourself and see, is everything around you a bad product? If not, then your statement is false.
@Fabisala
@Fabisala 5 жыл бұрын
@@markus9641 the same logic I'll use in you. Come to Colombia and look around if everything we produce is coke. If not, not only your statement but almost everyone's statements are false.
@markus9641
@markus9641 5 жыл бұрын
@@Fabisala What you said makes no sense. I am speaking literally, everything from your furniture to your mobile phone has passed through or been produced in China. Why would your mobile phone be made of Coke? Im confused.
@jon9428
@jon9428 5 жыл бұрын
If this channel was an investment it would've been Apple in 07. Highly underrated and destined to grow.
@EconomicsExplained
@EconomicsExplained 5 жыл бұрын
Haha thanks for the vote of confidence, appreciate the very economics focused analogy as well :)
@Madhattersinjeans
@Madhattersinjeans 5 жыл бұрын
Apple is rotten to the core.
@maverick9708
@maverick9708 5 жыл бұрын
@Michael DeSanta android is not a company, its an operating system. kinda difficult to compare them imo. but GOOGLE is probably comparably bad to apple ;)
@yerrrrr2787
@yerrrrr2787 5 жыл бұрын
Jon “Buy buy buy!” = “Sub sub sub!”
@adilzhursin156
@adilzhursin156 3 жыл бұрын
this comment aged well
@jaydonly2336
@jaydonly2336 5 жыл бұрын
I’d bet that everyone came for just their own country
@josephbrennan370
@josephbrennan370 5 жыл бұрын
@@LYNESTARx yep same
@jasonmason6910
@jasonmason6910 5 жыл бұрын
Jaydon Ly nope I just interested
@adamhendrickson512
@adamhendrickson512 5 жыл бұрын
Obviously
@sol_in.victus
@sol_in.victus 5 жыл бұрын
I really thought Argentina wasn't going to make it but I was wrong
@bellabrodie4740
@bellabrodie4740 5 жыл бұрын
Bold of you to assume I have a country
@danielbeadle5417
@danielbeadle5417 5 жыл бұрын
I missed 41, 44 and 47...
@Walt2323
@Walt2323 5 жыл бұрын
Daniel Beadle The Czech Republic was 44 graphic just didn’t change.
@visheshrao5629
@visheshrao5629 5 жыл бұрын
#41 Egypt (too hard to forget, guess that's why it was forgotten) #44 Czech republic (the number remained same) #47 Portugal (most probably) Source: www.worldometers.info/gdp/gdp-by-country/ Ps. Venezuela is NOT on this list.
@penguin87904
@penguin87904 5 жыл бұрын
@@visheshrao5629 The Czech republic was there. He missed Finland.
@martiddy
@martiddy 5 жыл бұрын
@@visheshrao5629 Iran was number 24
@nygeek6471
@nygeek6471 4 жыл бұрын
Vishesh Rao Iran was already mentioned before that, did you watch the video??
@claudioschweri8322
@claudioschweri8322 5 жыл бұрын
As a Swiss citizen and mildly interested in economics, I laughed harder then I am willing to admit. Especially at the questionable Banking Policies.
@EconomicsExplained
@EconomicsExplained 5 жыл бұрын
This was definitely a less serious video so I am glad someone found me funny ;)
@hurrdurr3615
@hurrdurr3615 5 жыл бұрын
As a German citizen, fuck you.
@jacobt9699
@jacobt9699 5 жыл бұрын
@@hurrdurr3615 As a Swiss citizen, you're once again proving the stereotype that Germans are humorless and salty af
@npip99
@npip99 5 жыл бұрын
@@hurrdurr3615 ? what did insaint say about germany
@Drrolfski
@Drrolfski 5 жыл бұрын
No 17: "The Netherlands:, pretty much an economy run by overachieving nerds that kind of insist on doing everything right." Sounds about right, lol.
@EconomicsExplained
@EconomicsExplained 5 жыл бұрын
Glad someone agrees :)
@martijnbruggink8398
@martijnbruggink8398 5 жыл бұрын
@@EconomicsExplained Can you tell me what you meant by this comment/give sources? I am proud to be Dutch, but also feel like we like to toot our own horn.
@menice6736
@menice6736 5 жыл бұрын
Im offended
@masterkoster
@masterkoster 5 жыл бұрын
@@martijnbruggink8398 that's just our way of thinking.
@Drrolfski
@Drrolfski 5 жыл бұрын
@@menice6736 You should't be: Being only ranked 133th in the world by land area and 66th when it comes to population, this country is punching way above its weight.
@angelo.strand
@angelo.strand 5 жыл бұрын
You're right Nigeria's internet is pretty good for an African nation
@user-rd5nc1nb9f
@user-rd5nc1nb9f 5 жыл бұрын
Yeah probably the best one except for morocco
@LeonVEKH
@LeonVEKH 4 жыл бұрын
To be fair, most of the African continent has better internet than the US and UK combined and that is with less cost and more choice.
@nelwhix
@nelwhix 4 жыл бұрын
Go naija
@the_guy_with_yeeyee_a_haircut
@the_guy_with_yeeyee_a_haircut 4 жыл бұрын
@@LeonVEKH here in Algeria internet prices are like this (monthly payment) 8mb = 7$ 20mb = 10$ 50mb = 30$ 100mb = 50$
@sjardschmolke5680
@sjardschmolke5680 4 жыл бұрын
Franklin Clinton that‘s pretty much the same as in Germany, i would‘ve thought it‘s wayyy cheaper
@danionescu9545
@danionescu9545 3 жыл бұрын
Romania would be an interesting case study for a video. It's interesting that we are the fastest growing economy in the EU.
@radzee7525
@radzee7525 2 жыл бұрын
Agreed, and Poland too
@franciscomoreno1027
@franciscomoreno1027 5 жыл бұрын
You should have used the 2019 IMF ranking instead of the incredibly outdated 2017 ranking of the UN
@brianpreller5554
@brianpreller5554 5 жыл бұрын
Especially seeing as the IMF is an institution under the organs of the UN.
@abderu.6947
@abderu.6947 5 жыл бұрын
Ooooh, you sad your country was not on the list?
@franciscomoreno1027
@franciscomoreno1027 5 жыл бұрын
@@abderu.6947 No. It wouldn't be anyway. I'm sad he didn't used the most accurate font when he could have
@legokingtm9462
@legokingtm9462 5 жыл бұрын
@@franciscomoreno1027 how bad is your economy lol
@dennis771
@dennis771 4 жыл бұрын
Just jealous
@reihalondres9518
@reihalondres9518 5 жыл бұрын
1. USA 🇺🇸 2. China 🇨🇳 3. Japan 🇯🇵 4. Germany 🇩🇪 6. UK 🇬🇧 7. France 🇫🇷 8. India 🇮🇳 9. Brazil 🇧🇷 10. Italy 🇮🇹 11. Canada 🇨🇦 12. South Korea 🇰🇷 13. Russia 🇷🇺 14. Australia 🇦🇺 15. Spain 🇪🇸 16. Mexico 🇲🇽 17. Indonesia 🇮🇩 18. Turkey 🇹🇷 19. Netherlands 🇳🇱 20. Saudi Arabia 🇸🇦 21.Switzerland 🇨🇭 22. Argentina 🇦🇷 23. Sweden 🇸🇪 24. Poland 🇵🇱 25. Belgium 🇧🇪 26. Iran 🇮🇷 27. Thailand 🇹🇭 28. Austria 🇦🇹 29. Norway 🇳🇴 30. UAE 🇦🇪 31. Nigeria 🇳🇬 32. Israel 🇮🇱 33. South Africa 🇿🇦 34. Ireland 🇮🇪 35. Denmark 🇩🇰 36. Singapore 🇸🇬 37. Malaysia 🇲🇾 38. Philippines 🇵🇭 39. Colombia 🇨🇴 40. Pakistan 🇵🇰 41. Chile 🇨🇱 42. Venezuela 🇻🇪 43. Bangladesh 🇧🇩 44. Vietnam 🇻🇳 45. Czech Republic 🇨🇿 46. Romania 🇷🇴 47. Peru 🇵🇪 48. Greece 🇬🇷 49. New Zealand 🇳🇿 50. Egypt 🇪🇬
@Sumit_sandhu
@Sumit_sandhu 5 жыл бұрын
5th country is invisible.
@quietkiwi7572
@quietkiwi7572 5 жыл бұрын
49 babieeeeee.
@adamhendrickson512
@adamhendrickson512 5 жыл бұрын
@@Sumit_sandhu Haha... I know...
@npip99
@npip99 5 жыл бұрын
hm, malaysia seems to have stolen the american flag
@Tusiriakest
@Tusiriakest 4 жыл бұрын
Fuck... looking for Portugal and: According to the IMF its in 47th, according to the World Bank its 47th, according to the UN (the one used) is 51th... WHYYYY!!!?????
@jinenjoyer
@jinenjoyer 5 жыл бұрын
Peru : tourism, lama and tourist looking at lamas. Me: dead
@chrisgreen7932
@chrisgreen7932 5 жыл бұрын
Saudi Arabia is not home to the worlds tallest building...the UAE is. Otherwise good stuff!
@samdekker90
@samdekker90 5 жыл бұрын
*The worlds tallest building that hasn't actually been built yet
@sultansulta9673
@sultansulta9673 5 жыл бұрын
By 2020 the tallest building in the would would be the kingdom tower in Jaddah
@MrReedling
@MrReedling 5 жыл бұрын
Yea the jeddah tower is still under construction
@friendlyatheist387
@friendlyatheist387 5 жыл бұрын
@@samdekker90 thats exactly why burj Khalifa is tallest.. the one isn't build yet that makes burj tallest
@samdekker90
@samdekker90 5 жыл бұрын
@@friendlyatheist387 My point exactly ;)
@EconomicsExplained
@EconomicsExplained 5 жыл бұрын
Hi Guys, hopefully you enjoy this slightly less serious video, so please don't take it too seriously. Otherwise I hope you enjoy and maybe still learn something along the way :)
5 жыл бұрын
Counting with EE .... 12,13,15,15, ... , 39, 40, 42, 43, ... rofl take that for saying my country is on fire... (as if my country was not on fire)
@EconomicsExplained
@EconomicsExplained 5 жыл бұрын
Luís Alberto Dias Pinheiro oh oof this is why you do not edit videos this late at night. There are a few countries who’s GDP’s are pretty much tied and I just totally ballsed this one up. Glad that someone is paying slightly more attention than me though xD
5 жыл бұрын
@@EconomicsExplained but now you own us a country as there's "only" 49. xD but great video nonetheless - there are some great gems. Loved the "denmark, lego, next"
@jamesatherton1853
@jamesatherton1853 5 жыл бұрын
Hey, the Australia link in the description is actually a link to the Norwegian video
@noface442
@noface442 5 жыл бұрын
Ik this is a late comment but could you possibly make a video about the consequences of brexit or the uk economy in general and what the future holds?
@B4R0N.
@B4R0N. 5 жыл бұрын
I especially liked number 41 and 47.
@einfachnurich4800
@einfachnurich4800 4 жыл бұрын
Don't forget 44
@einfachnurich4800
@einfachnurich4800 4 жыл бұрын
It was the best
@khaos9849
@khaos9849 4 жыл бұрын
Or 15 don't forget indonesia.
@jesterpareja4269
@jesterpareja4269 5 жыл бұрын
Denmark: Lego That's explane a lot!
@Dont-Watch-My-Vids-U-Regret-it
@Dont-Watch-My-Vids-U-Regret-it 5 жыл бұрын
Explain*
@warwickeng5491
@warwickeng5491 5 жыл бұрын
And pharmaceuticals!
@MK-vh9wz
@MK-vh9wz 4 жыл бұрын
Lego is number 18. Maersk, Novo Nordisk, DSV, Vestas, Carlsberg, Ørsted, ISS, Arla, DLG, Danfoss, Pandora - may be known outside DK. (not in order)
@elchape7799
@elchape7799 4 жыл бұрын
I laughed so damn hard at that for no reason
@3ipolarBear
@3ipolarBear 5 жыл бұрын
1:35 gave me a light chuckle "Germany" *brief pause *Asian dudes walk past camera focus
@jorgeeduardodussanvillanue46
@jorgeeduardodussanvillanue46 4 жыл бұрын
It's the Brandenburg Gate, one of the most famous touristic spots in Germany... Also, they could be Asian-Germans, don't see the joke in that.
@thetrickster9885
@thetrickster9885 3 жыл бұрын
Asians gonna turn germany asian
@cantcatchme6749
@cantcatchme6749 3 жыл бұрын
@@thetrickster9885 lol?
@thetrickster9885
@thetrickster9885 3 жыл бұрын
@@cantcatchme6749 migration
@Theturtleowl
@Theturtleowl 4 жыл бұрын
The shade in this video is amazing, French rioting, Brexit (still going strong!) and Japan who really doesn't do anything but still gets the bronze medal.
@harukrentz435
@harukrentz435 3 жыл бұрын
Thats because Japanese automotive industry basically controlled the whole southeast asia: Indonesia, Vietnam, Thailand, Filipina, those country automotive markets are completely "owned" by Japanese. No wonder theyre still going strong.
@j.greenriver6293
@j.greenriver6293 5 жыл бұрын
"Denmark - Lego", no the correct answer is "world's biggest shipping/trading fleet, they are in other words still vikings".
@jalaladhiri6696
@jalaladhiri6696 5 жыл бұрын
This video wasn't serious at all ....
@j.greenriver6293
@j.greenriver6293 5 жыл бұрын
@@jalaladhiri6696 Neither was my reply.
@eachday9538
@eachday9538 4 жыл бұрын
Boats made of Lego
@alinasikaiman9734
@alinasikaiman9734 5 жыл бұрын
Me: Awesome video. The economist inside me: Thinks you should have mentioned that you have used the nominal GDP of countries for this ranking. A PPP ranking would have resulted in a different ranking.
@EconomicsExplained
@EconomicsExplained 5 жыл бұрын
100% correct. I kinda just wanted to try my hand at something a little more lighthearted and trick people into learning something along the way.
@alinasikaiman9734
@alinasikaiman9734 5 жыл бұрын
@@EconomicsExplained To that both me and the economist says, "Job Well Done." Good luck with future videos. I really enjoy your channel.
@alchemist6819
@alchemist6819 4 жыл бұрын
@@alinasikaiman9734 I still don't understand the difference between Nominal GDP and PPP.
@florianm9693
@florianm9693 4 жыл бұрын
@@alchemist6819 in a developing country people earn less, but the cost of living is also less, so to be able to compare the financial situations of people across the globe you have to use PPP. For example: In the US a worker earns on average 40k USD and an apple costs 10 USD to buy. You could buy 4k apples with an income of one year. In Germany the average worker may earn 20k€ a year and an apple costs 1€ so you could buy 20k apples with your income of one year. Therefore in Germany the same amount of money gets you more stuff which is a better indicator of standard of living than just GDP or GDP/capita
@AFTR2025
@AFTR2025 Жыл бұрын
PPP has no real meaning
@UwU-xk5cx
@UwU-xk5cx 5 жыл бұрын
"The beta test for mexico" literally
@ireneuszpyc6684
@ireneuszpyc6684 5 жыл бұрын
03:24 Spain is not a beta-test for Mexico, and Mexico is not Spain 2.0 read.oecd-ilibrary.org/education/pisa-2015-results-volume-i_9789264266490-en#page46 results of the science test: Spain=Sweden=Czech Republic=493 points Mexico=Colombia=416 points
@argent1631
@argent1631 5 жыл бұрын
@@ireneuszpyc6684 ok boomer
@kaisen5669
@kaisen5669 4 жыл бұрын
@@ireneuszpyc6684 What are you talking about? I'm referring to culture and both economies are similar actually Mexicos economy is bigger than spains if you consider some transactions. The average Mexican might not be as wealthy as the average Spanish person but that doesn't mean a Mexican is poor I would assume they have more average wages. Mexico is the biggest Spanish speaking country in size and population and easily has the most influence out of them all. People only say Mexico is Spain 2.0 because Mexico is the most successful out of their Spanish colonies. Also I want to mention that a few years ago the richest person in the world was a Mexican, I dont think I've heard a Spaniard in recent times being the richest person in the world.
@kaisen5669
@kaisen5669 4 жыл бұрын
@@ireneuszpyc6684 Haha do I really? Just read my comments I guess I do sound like a 13 year old. Honestly what do you expect almost everyone on this channel are either young adults or teens. For a "economy" channel its surprisingly dominated by younger people.
@ireneuszpyc6684
@ireneuszpyc6684 4 жыл бұрын
@@kaisen5669 I forgot this is "Economics Explained" channel, dominated by idiots - now I know what's the matter with you
@carlosmf1057
@carlosmf1057 4 жыл бұрын
As a Mexican I loved the description of México, really true.
@ryanmatta9106
@ryanmatta9106 3 жыл бұрын
If you don't find a means of multiplying money, you will wake up one day to realise that the money you thought you had, has finished. Investment is key.
@princehobbs7049
@princehobbs7049 3 жыл бұрын
To earn more you are required to have a multiple diversified means of income", which is why Investment is an avenue of making more money once it's profitable.
@jamesonpotters7359
@jamesonpotters7359 3 жыл бұрын
@@princehobbs7049 So how do you get your proper guide and the analysis you mentioned? Because I have incurred huge losses while investing by myself
@danieldrinkwater5078
@danieldrinkwater5078 3 жыл бұрын
@@jamesonpotters7359 it's safe to have an investment manager who has vast knowledge about Investment, to make you profits from your Investment on your behalf while you monitor the Investment growth.
@thedigitalinvestorrepiied1583
@thedigitalinvestorrepiied1583 3 жыл бұрын
@@danieldrinkwater5078 would like if you refer me to your personal Investment manager. I will also want to know if while he/she handles my Investment, is my investment still accessible by me to monitor and authorize any action on the Investment portfolio?
@UwU-xk5cx
@UwU-xk5cx 5 жыл бұрын
"Services, terrorism, rioting and manufacturing" the history of paris in a nutshell
@C104-k5m
@C104-k5m 4 жыл бұрын
forgot the guiutine
@kolerick
@kolerick 4 жыл бұрын
service, tourism, rioting and manufacturing... but well, USA is catching up on rioting nowadays...
@Theaverageazn247
@Theaverageazn247 5 жыл бұрын
LOL THE SHADE thrown at UK and France. French ppl do know how to riot
@iVince905
@iVince905 5 жыл бұрын
Canada and Australia’s economy are probably the most interesting, low population but a massive output of GDP. That’s impressive.
@AngloSupreme
@AngloSupreme 5 жыл бұрын
Lots of land to exploit natural resources.
@fullmetaltheorist
@fullmetaltheorist 2 жыл бұрын
They along with Switzerland punch above their weight.
@flavio7180
@flavio7180 Жыл бұрын
In many cases, small countries, or countries with small populations (or both of these) are the most interesting and competitive economies. Canada, Australia, New Zealand, Israel, Singapore, Switzerland, Netherlands, South Korea and so on.
@6th_Army
@6th_Army 4 жыл бұрын
"Canada : America on easy mode" World : So all the good little of the bad? Canada : Exactly! You just forgot we have among the largest temperature different in the world.
@Adir-Yosef
@Adir-Yosef 5 жыл бұрын
ISRAEL: weapons, touwerism and technolegy
@sb8095
@sb8095 4 жыл бұрын
Love Israel💜💜💜
@sussy_baka-_-
@sussy_baka-_- 3 жыл бұрын
Iran : I produce oil . America : hello my friend ❤️.
@juleeO6183
@juleeO6183 5 жыл бұрын
Argentina - I was expecting meat exportation, but cracked up with footballers
@ikkas00
@ikkas00 5 жыл бұрын
Shouldn't Finland be on that list somewhere?
@superstandard
@superstandard 4 жыл бұрын
perkele
@Lol-fo2zq
@Lol-fo2zq 4 жыл бұрын
Yes, somewhere between 40-44 according to every other list out there. He propably missed it in editing because the list jumps from 43 to 45
@ppg7373
@ppg7373 4 жыл бұрын
what is a finland
@TheRealKingLeopoldII
@TheRealKingLeopoldII 4 жыл бұрын
I'm pretty sure the joke is that Finland doesn't exist so he didn't mention it
@djordjerasic7482
@djordjerasic7482 4 жыл бұрын
Finland dowsnt exist
@tobilobaogunware6686
@tobilobaogunware6686 5 жыл бұрын
Hi, Could you do a more in depth episode on the Nigerian economy, thanks. Would greatly appreciate that.
@nebuli55
@nebuli55 5 жыл бұрын
That UK comment got me for like 5 mins straight
@davidcooks2379
@davidcooks2379 5 жыл бұрын
But why 4 months? No way it will end on 1 Jan: either before or after
@stefangrobbink7760
@stefangrobbink7760 5 жыл бұрын
@@davidcooks2379 well then, come back 4 months after that, and so on
@stefangrobbink7760
@stefangrobbink7760 4 жыл бұрын
@Vivek Ghosh And yet it is still in a transition state. Come back in 4 months, it's supposed to be in full effect by then.
@NurArafatShomik
@NurArafatShomik Жыл бұрын
We need a post-pandemic revisit of this.
@shboi8103
@shboi8103 5 жыл бұрын
*7:56* #4 *3* - Czechia *8:02* #4 *5* - Romania What happened to Number 44?
@p.qmorik9207
@p.qmorik9207 4 жыл бұрын
SHBoi Finland?
@TheRealKingLeopoldII
@TheRealKingLeopoldII 4 жыл бұрын
It's Finland, but the joke is that Finland doesn't exist
@masteryeet3600
@masteryeet3600 Жыл бұрын
I think Brazil would like to have a word about the largest export of footballers. 🤣
@fenbekus
@fenbekus 5 жыл бұрын
As a true Pole, I got to the part where you mention Poland and then closed the vid
@Zebedeu123
@Zebedeu123 4 жыл бұрын
hes right tho poland makes the best games
@beback_
@beback_ 3 жыл бұрын
Which pole?
@Leuean
@Leuean 5 жыл бұрын
The UN is reputeble? I dunno man, they seem kinda scetchy to me
@davidcooks2379
@davidcooks2379 5 жыл бұрын
Well, your spelling is not that reputable either (*reputable, *sketchy)
@unchainedirony9499
@unchainedirony9499 5 жыл бұрын
17: The Netherlands. Nah we really just complain so much even when everything is going well that we force the government to do even better despite them already doing brilliantly. Seriously a Dutchman can find something to complain about even if he wins 50 million, I would say the main drive for the Dutch Economy is complaining, I mean we don't even like the parties we vote for, even if we vote for them every time we get to vote.
@stefangrobbink7760
@stefangrobbink7760 5 жыл бұрын
Complaining and improving off these complaints; perpetually.
@Rafaelufpr08
@Rafaelufpr08 4 жыл бұрын
I would like Brazilians to complain more about their parties. The idolatry that some demonstrate by politicians is sick.
@jurij590
@jurij590 4 жыл бұрын
Sounds like Slovenia, just that you actually get shit done 😁
@kishananuraag
@kishananuraag 4 жыл бұрын
I see it as a good trait
@unchainedirony9499
@unchainedirony9499 4 жыл бұрын
@@Rafaelufpr08 Don't idolize a politician, most of them are dipshits even the ones who's policies you generally agree with. In fact it is best that you are even more critical of the politicians you align with most if you want them to actually do well or better.
@levilima9925
@levilima9925 5 жыл бұрын
As a brazilian myself I love your sense of humour you put into those videos 😂😂😂
@camilosalazar9987
@camilosalazar9987 5 жыл бұрын
That was the funniest economics video I've watched hahaha, great video.
@santiagoelguero8458
@santiagoelguero8458 3 жыл бұрын
Do a video on Mexico's black market economics. What you said about the GDP difference sounds really interesting!
@UwU-xk5cx
@UwU-xk5cx 5 жыл бұрын
Denmark literally built his economy using a manual and ensambling the pieces
@matthewgoodman7588
@matthewgoodman7588 5 жыл бұрын
This channel is like Wendover Productions a few years ago. This channel will get big.
@mikeg9b
@mikeg9b 5 жыл бұрын
At France, I thought you said "writing" at first and was wondering what the fire was for. haha!
@SeaHorseOfYoutube
@SeaHorseOfYoutube 5 жыл бұрын
Do a video on Argentina please, its economic and political history is a wild ride.
@jorge3234
@jorge3234 5 жыл бұрын
3:03 was waiting for you to say AND KPOP
@zippytyro
@zippytyro 4 жыл бұрын
Now in 2020 - 1. USA 2. China 3. Japan 4. Germany 5. India (jumped two positions) $2.97 Trillion
@nikg8310
@nikg8310 4 жыл бұрын
We should be no. 3.
@CarlosHernandez-qp5lf
@CarlosHernandez-qp5lf 5 жыл бұрын
loved how it went from #13 to #15
@aarspar
@aarspar 5 жыл бұрын
"We didn't know where 14 went." --Enraged Spaniards and Mexicans
@bivanbivanus6448
@bivanbivanus6448 2 жыл бұрын
Wow! Please have an episode about Romania similar to the one on Turkey - or Turkeye. The 'miracle' must be explained !
@tristanreimers423
@tristanreimers423 4 жыл бұрын
Denmark: "Lego" uhhhhhh mærsk
@aidanhunter3687
@aidanhunter3687 3 жыл бұрын
Shhhh Denmark findes ikke
@tristanreimers423
@tristanreimers423 3 жыл бұрын
@@aidanhunter3687 Skandinavien er en konspirations teori
@aidanhunter3687
@aidanhunter3687 3 жыл бұрын
@@tristanreimers423 nå Amerika er den eneste land i verdenen
@tristanreimers423
@tristanreimers423 3 жыл бұрын
@@aidanhunter3687 det eneste og det bedste selvfølgelig
@hitrapperandartistdababy
@hitrapperandartistdababy Жыл бұрын
I waited 6 minutes and 38 minutes to hear this man proclaim “Denmark: Lego” 😂
@martiddy
@martiddy 5 жыл бұрын
When your country's economy is so small that is not even in this list.
@cassidybrash4243
@cassidybrash4243 5 жыл бұрын
Which country?
@martiddy
@martiddy 5 жыл бұрын
@@cassidybrash4243 Costa Rica
@eurovisiontszai9125
@eurovisiontszai9125 5 жыл бұрын
But you country is the happiest in the world according to Happy Planet Index! :) So size of economy doesn't matter
@martiddy
@martiddy 5 жыл бұрын
@@eurovisiontszai9125 Not anymore
@LeOrtacud
@LeOrtacud 5 жыл бұрын
neither are 144 other countries so it's ok
@aadilkader
@aadilkader 4 жыл бұрын
Please do in-depth videos of all these top 50 at some point
@ctjennings1493
@ctjennings1493 5 жыл бұрын
Loving your channel, need to figure out which country i wanna move to. I really wanted Japan but I saw your economy video on it and now im worried.
@nectarieienasoaie8541
@nectarieienasoaie8541 5 жыл бұрын
>Romania mvp Sure, I guess.
@napomoloi4197
@napomoloi4197 4 жыл бұрын
Interesting. It would be nice if you could go further in the inequality in South Africa
@liranzaidman1610
@liranzaidman1610 2 жыл бұрын
Israel has more than Tourism and Weapon manufacturers, it is called the Tech-Nation of the world and some of the best universities out there + 5 Nobel prize lauerates and 2 Fields lauerates. Oh, and has the highest bachlor degrees per capita in the world as well
@tuneablestar1712
@tuneablestar1712 4 жыл бұрын
2:50 Trust me, Canada has the economic boss fight of crippling student debt as well. I know we look like socialists compared to the U.S., but our social infrastructure isn't nearly up to the standards you find in western Europe.
@pathfinder6997
@pathfinder6997 2 жыл бұрын
Is that true? I was considering emigrating to Canada for my higher education. I come from a middle class family in India and crippling student debt is something I really can't afford.
@tuneablestar1712
@tuneablestar1712 2 жыл бұрын
@@pathfinder6997 It's bad, but not as bad as the U.S. It's also more expensive for foreign students, although I think you get a lot of benefits. It's certainly not free if that's what you were hoping for.
@pathfinder6997
@pathfinder6997 2 жыл бұрын
@@tuneablestar1712 Oh. Do the benefits outweigh the more expensive fees?
@KrishnaAdettiwar
@KrishnaAdettiwar 2 жыл бұрын
@@pathfinder6997 you can get completely free education in Germany or Denmark, even as a foreign student. I’m an American and went to world-class university here for free; I do know of many international students that got full ride scholarships in America or did fellowships or worked for the university (when you do a fellowship or work for the university, you might not get paid that much but they’ll give you free room and board and free food & even big discounts on your tuition so it’s more than worth it if you can handle the extra stress). The point is that if you want to study in America without crippling debt, it’s certainly possible and very achievable :) and there are of course many options in Western Europe where you can get world-class education for free as well. Best of luck to you!
@pathfinder6997
@pathfinder6997 2 жыл бұрын
@@KrishnaAdettiwar thanks man. I got a chance from a good college in India. I'm going there now. If hadn't, I would've tried for Germany.
@jifa17
@jifa17 4 жыл бұрын
China lifted a billion people out of poverty and India lifted a few millions. Maybe the Indian government should focus more on increasing peoples' lives than inciting border conflicts with its neighbors.
@polasamierwahsh421
@polasamierwahsh421 5 жыл бұрын
bold of you to assume we have a political structure
@hugoweaving7320
@hugoweaving7320 5 жыл бұрын
Hi @Economics Explained - do you have source for this list? I'd be interested to see the numbers. Thanks!
@vlad-ns6yt
@vlad-ns6yt 5 жыл бұрын
en.wikipedia.org/wiki/List_of_countries_by_GDP_%28nominal%29 They used the UN list (the one on the right) which is the most accurate one.
@maxfi878
@maxfi878 5 жыл бұрын
Except he missed Finland.
@akifismail6597
@akifismail6597 5 жыл бұрын
Hey economics explained! The first stock footage that you used for india was infact of Lahore pAkistan in Anarkali bazaar. I have been there a couple of times
@Lemonz1989
@Lemonz1989 4 жыл бұрын
Danish here - can confirm. Our economy is directly proportional to the sale of legos.
@davidtheran911
@davidtheran911 5 жыл бұрын
7:10 lol colombia produce more than half of all the coke in the world
@enmanuelmartinez4250
@enmanuelmartinez4250 5 жыл бұрын
Is pepsi ok?
@reristavi
@reristavi 4 жыл бұрын
There is a link error in the video description, Norway and "Kanguru Land" Australia have the same link about Norway.
@Knightshield
@Knightshield 5 жыл бұрын
you did #8 twice. confused the crap out of me LOL
@EconomicsExplained
@EconomicsExplained 5 жыл бұрын
Tied in terms of GDP figures but yeah I definitely screwed up the numbers on this one. Not to self don’t video edit at 3 in the morning!
@RedGreene
@RedGreene 5 жыл бұрын
@@EconomicsExplained Been there.
@edgarrodriguez8973
@edgarrodriguez8973 2 жыл бұрын
With the exception of Brazil and Venezuela you have done no video on Chile and Colombia, 2 very interesting countries to be explored by your great channel
@demigodgamez
@demigodgamez 4 жыл бұрын
Colombia: *Relies on export of raw materials, oil, and co..coffee*
@svengonsalves8538
@svengonsalves8538 4 жыл бұрын
And Coca Cola
@siwi666
@siwi666 2 жыл бұрын
very funny and lots of good info. You know your stuff 👏
@ryankaiser3005
@ryankaiser3005 5 жыл бұрын
This man deserves more subscribers
@HowMoneyWorks
@HowMoneyWorks 3 жыл бұрын
My next icebreaker I'm going to use is: "Did you know, the average New Zealander owns 7 sheep?"
@theworldwithmrspark6669
@theworldwithmrspark6669 5 жыл бұрын
Don't forget about KPop for contributing to South Korea's economy, hehe
@quangduyinh9218
@quangduyinh9218 5 жыл бұрын
KPop even makes less money than Japanese adult industry.
@Jay-Bco
@Jay-Bco 5 жыл бұрын
Soft Power is not all about money. Plus Kpop does not take large portion of Korean economy.
@김진일-f6b
@김진일-f6b 4 жыл бұрын
You don't know that K pop songs are not so popular in South Korea. Those songs are not fit for Korean sentiments based on Eastern culture.
@hitsugayatoshiro9517
@hitsugayatoshiro9517 4 жыл бұрын
@@kiroxical8945 no
@geheimnis8187
@geheimnis8187 3 жыл бұрын
the economy of the 47th country is really interesting, i will look more into it
@Ark--fn8my
@Ark--fn8my 2 жыл бұрын
Me after seeing my country: Ive seen enough , Im satisfied
@trttrtson4463
@trttrtson4463 3 жыл бұрын
I thought the video would be of the best economies, not the biggest. Could you do a video of the best economies cause that would be more fun to watch. With natural resources and population there are underdogs, I would like to see what countries has done the best with what they’ve got. This doesn’t mean you can’t start with much and not be the best but it would give a perspective of what countries has done their people better than could be asked for.
@evenflowcss
@evenflowcss 5 жыл бұрын
Much love from the Philippines! Also I'm surprised you found stock footage of Manila that made it look relatively decent; the city itself is a bona fide shithole. P.S. yes, i know the stock footage was in Makati, but that's part of the greater Metro Manila area so it still counts.
@milktea9211
@milktea9211 5 жыл бұрын
LULW i went back to my homecountry (PH) no difference in 8 years FeelsBadMan
@evenflowcss
@evenflowcss 5 жыл бұрын
@@milktea9211 I've lived in the Philippines all my life lol nothing's changed at all. Things might have gotten worse, actually.
@icecell
@icecell 5 жыл бұрын
@@milktea9211 Road traffic definitely changed for the worse. smh
@bandohoxton5870
@bandohoxton5870 5 жыл бұрын
most developing countries are like this i swear , economy is growing but people getting poor and poorer , two words Exploitation and Corruption . We will never get the same standard of Living as long "Our Leaders" agree on everything offered by first world countries , they just think on themself .
@dyawr
@dyawr 2 жыл бұрын
Wow, are you half Romanian or something? You have a Romanian name! 🙂
@Duchiwa
@Duchiwa 5 жыл бұрын
I love your videos but i really appreciate this "a little less serious" one ! I really Laughed at some point ! Keep it going, Nice job !
@katyoutnabout5943
@katyoutnabout5943 5 жыл бұрын
My god, this video was perfect in every way.
@jgalang1881
@jgalang1881 3 жыл бұрын
Egypt: solid architecture 😂
@mickisei3547
@mickisei3547 5 жыл бұрын
Nice to see a few African countries on this list. Especially ones with better economies than most European countries despite not being as rich
@thomasnengres4093
@thomasnengres4093 2 жыл бұрын
I think you would be surprised if you were having a look at the danish economy, in addition to Lego the world leader in shipping, wind energy and jewelry as well as a strong pharma industry and one of the biggest green electricity operator and one of the biggest brewery. Maybe even worth a video ;)
@fullmetaltheorist
@fullmetaltheorist 2 жыл бұрын
I came here looking for a video about Denmark. Looks like he's still not gotten to it yet.
@rodrigo_koe8727
@rodrigo_koe8727 4 жыл бұрын
Brasil: todo país no mundo vêm meter seu dedo na política dele, e ele desconta queimando sua floresta kkkkk, não tá tão errado assim
@andreisouca1440
@andreisouca1440 5 жыл бұрын
Are you going to make a video of Romania soon?:)
@EconomicsExplained
@EconomicsExplained 5 жыл бұрын
I will do a video on every country soon enough :)
@rogofos
@rogofos 5 жыл бұрын
I thought, that EU have bigger GDP than US, even without UK Can we even count EU as 1 HUGE economy?
@AngloSupreme
@AngloSupreme 5 жыл бұрын
No to both.
@TheECSH
@TheECSH 4 жыл бұрын
USA's is still bigger
@squeaksquawk4255
@squeaksquawk4255 4 жыл бұрын
The USA still has the highest GDP at $20.54 trillion in 2018. However, EU is second at roughly $18.8 trillion, with China in third with $13.61 trillion
@nightshade5145
@nightshade5145 4 жыл бұрын
Yes the EU, including UK, was actually the single largest economy in the world. For example in 2017 they accounted for 18,5% of world economy, compared to China (16,4%) and US (16,3%) according to ICP. However, if you exclude the UK (2,5%) they drop just below the others, and since UK is leaving I'm guessing that is more common in general calculations
@beback_
@beback_ 3 жыл бұрын
I don't think they're as closely integrated as US States are to be considered an economic monolith.
@billboard3104
@billboard3104 5 жыл бұрын
Could you make a video on economy of the Czech Republic?
@blazejecar
@blazejecar 5 жыл бұрын
2:41 ah yes, italy. Great company
@Brunzner
@Brunzner 4 жыл бұрын
How did you geht so many subs? Did you delete all your videos?
@fakus4president
@fakus4president 5 жыл бұрын
Good video mate! Just FYI the link to Australian economy in the description is broken
@communistinternationalco.6776
@communistinternationalco.6776 5 жыл бұрын
No, there is 194 to 207 of them.
@quemaarkcertificateanandab3463
@quemaarkcertificateanandab3463 4 жыл бұрын
DIFFERENT GOVERNMENT AND CITIZENS GROWTH VALUE AND MONITOR AND CONTROL WAY. 1,GRAND PRODUCTION GROWTH VALUE. 2,WORKING OF MACHINE VALUE. 3,CITIZENS INCOME GROWTH VALUE. 4,FOOD GROWTH VALUE. 5,PRICE CONTROL VALUE. 6,INDUSTRIAL GROWTH VALUE. 7,GOVERNMENT ADMINISTRATION VALUE. 8,BANK CREDIT AND LOAN VALUE. 9,TAX OF GOVERNMENT VALUE. 10,FORREIGN INVESTMENT VALUE. 11,CITIZENS INVESTMENT VALUE 12, FORREIGN IN COME VALUE.. 13BANK SERVICE VALUE. 14.GOVERNMENT EMPLOYEE RETIREMENT VALUE. 15CITIZENS NON EDUCATED AND AGRI FORMERS SUBSIDIES VALUE. 16,BANK SERVICE VALUE. 17,NATIONAL CITIZENS GROWTH OFBIRTH AND DEATH AND VALUE 18CITIZENS FAMILY LIFE ASSURANCE RELIEF FUND VALUE. 19..JUDICIAL FREE SCHEME SERVICE TO CITIZENS FUND.
@picpac2348
@picpac2348 5 жыл бұрын
The tallest building in the world isn't in Saudi Arabia...
@EconomicsExplained
@EconomicsExplained 5 жыл бұрын
Fair point, the Jeddah tower (currently under construction) will be the tallest tower when it is complete and it is in Saudi Arabia
@hamadalraeesi3214
@hamadalraeesi3214 4 жыл бұрын
@@EconomicsExplained too late response, but then it's still years away from being fully built.
@a.Jason.official
@a.Jason.official 5 жыл бұрын
Since you dissed Lebanon in your video :p Can you please make a video about our economy. We are on the verge of a financial crisis. A video we be soo helpful!!!
@Linterna001
@Linterna001 4 жыл бұрын
Wait, It's Argentina really a great economy? Because if that's true I want to know how, because I live there and I haven't noticed it.
@user-xu3cz7vp2j
@user-xu3cz7vp2j 5 жыл бұрын
I wanna see a video on New Zealand’s economy
@rokinco8598
@rokinco8598 4 жыл бұрын
same
@papilionem9342
@papilionem9342 4 жыл бұрын
WHY DID THE GAS PRICE CHANGE OF 1973 CAUSE LONG LINES AT THE PUMP
@hughgray158
@hughgray158 4 жыл бұрын
Your link to the Australia video is the link to the Norway video
@donalddude7568
@donalddude7568 4 жыл бұрын
So in 11 months India went from 7th position to 5th 🤯
@fullmetaltheorist
@fullmetaltheorist 2 жыл бұрын
They're taking their place among the biggest economies in the world.
@safishake
@safishake 5 жыл бұрын
Did anyone notice he missed #30 at 5:56
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