refer to the following empires: ^ At year 1, year 1000, year 1500 and till the start of British colonisation in India in 17th century, India's GDP always varied between ~25 - 35% world's total GDP, which dropped to 2% by Independence of India in 1947. At the same time, the Britain's share of the world economy rose from 2.9% in 1700 up to 9% in 1870 alone. Chinese empires Angus Maddison's below GDP estimates for China refer to the following empires: British Empire and India Goedele De Keersmaeker estimated the GDP of the British Empire using Angus Maddison's data. Keersmaeker estimated that the British Empire's share of world GDP was 24.28% in 1870 and 19.7% in 1913. The empire's largest economy in 1870 was British India with a 12.15% share of world GDP, followed by the United Kingdom with a 9.03% share. The empire's largest economy in 1913 was the United Kingdom with an 8.22% share of world GDP, followed by British India with a 7.47% share. Roman/Byzantine Empire Much work in estimating past GDP has been done in the study of the Roman economy, following the pioneering studies by Keith Hopkins (1980) and Raymond Goldsmith (1984). The estimates by Peter Temin, Angus Maddison, Branko Milanović and Peter Fibiger Bang follow the basic method established by Goldsmith, varying mainly only in their set of initial numbers; these are then stepped up to estimations of the expenditure checked by those on the income side. Walter Scheidel/Steven Friesen determine GDP on the relationship between certain significant economic indicators which were historically found to be plausible; two independent control assumptions provide the upper and lower limit of the probable size of the Roman GDP. B Decimal fractions rounded to the nearest tenth. Italic numbers not directly given by the authors; they are obtained by multiplying the respective value of GDP per capita by estimated population size. The GDP per capita of the Byzantine Empire, the continuation of the Roman Empire in the east, has been estimated by the World Bank economist Branko Milanović to range between $680 and 770 (in 1990 International Dollars) at its peak around 1000 AD, that is the reign of Basil II. The Byzantine population size at the time is estimated to have been 12 to 18 million. This would yield a total GDP somewhere between $8,160 and 13,860 million. See also Exploitation colonialism List of countries by