Philippines vs China vs Japan (1960 - 2020) GDP, Military Budget, Population and Exports Compared

This video compares Philippines vs china vs japan using the most important aspect in the economy which are GDP, Total export, Military spending, and population.
The economy of China has transitioned from a centrally-planned system to a more market-oriented economy since 1978 or earlier, which as of 2019 ranked as the second largest in the world by nominal GDP and as of 2017 the largest in the world by purchasing power parity. China has the world's fastest-growing major economy, with growth rates averaging 6% over 30 years.
The economy of Japan is a highly developed free-market economy. It is the third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity (PPP). and is the world's second largest developed economy. International trade contributes significantly to the Japanese economy, with exports equivalent to approximately 16 per cent of GDP. Key exports include vehicles, machinery and manufactured goods.
Philippines is the world's 36th largest economy by nominal GDP according to the 2019 estimate of the International Monetary Fund's statistics, it is the 13th largest economy in Asia, and the 3rd largest economy in the ASEAN after Indonesia and Thailand.

Source: macrotrends, worldbank.
Music: Cataclysmic_Molten_Core
Cataclysmic_Molten_Core-Copyright-Free-Cinematic (http://audionautix.com) is part of the YouTube Audio Library (https://www.youtube.com/audiolibrary/...) and it's licensed under a Creative Commons license

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