Active Users:367 Time:03/05/2025 05:57:58 AM
Back to Messageboard Post New Thread Search Help Stats Rules
As Legolas says, that is essentially what PPP GDP is, and why I and others prefer it. Joel Send a noteboard - 16/09/2011 03:59:41 PM
To be honest I don't know what PPP really is but I guess it GDP adjusted for cost of living of the country it is in. The other nominal is probably more valid I just went with the first one I saw. Either way there it is a big difference and there are countries like the Sudan that would be a closer fit.

Validity has a lot to do with the terms in which you're speaking and whom you ask, but PPP is definitely a good attempt at leveling the playing field, IMHO. Remember how much more higher prices are in Scandinavia, and Norway in particular? That difference (some, but not all, of which is higher sales tax; surprisingly, income tax rates are comparable to Americas) means Norway has the 25th highest nominal GDP but 46th highest PPP GDP. Believe it or not, it appears the PPP listing is rather Americocentric; the US is the only country whose nominal and PPP GDP is the same number, which pretty much tells you who came up with the stat (the real shocker is China, whose PPP GDP is roughly twice their nominal GDP.)
Honorbound and honored to be Bonded to Mahtaliel Sedai
Last First in wotmania Chat
Slightly better than chocolate.

Love still can't be coerced.
Please Don't Eat the Newbies!

LoL. Be well, RAFOlk.
Reply to message
A map. Because maps rock. US states renamed to countries with similar GDPs. Rebekah - 15/09/2011 03:28:54 PM 1054 Views
Mine's Belgium Isaac - 15/09/2011 03:39:37 PM 709 Views
How can that be true Sareitha Sedai - 15/09/2011 03:57:23 PM 702 Views
Exactly! Darth_Katie - 15/09/2011 10:17:50 PM 697 Views
OH, I love OH, but mostly because it's boring Isaac - 15/09/2011 11:06:36 PM 658 Views
Well then Texas as Brazil makes perfect sense random thoughts - 15/09/2011 04:40:43 PM 753 Views
Which just goes to show... Legolas - 15/09/2011 10:23:27 PM 728 Views
That's pretty awesome. Nate - 15/09/2011 04:09:38 PM 693 Views
neat! *NM* Avendesora - 15/09/2011 04:40:15 PM 404 Views
um... is Austria doing well? *NM* Hieshyn - 15/09/2011 05:10:20 PM 363 Views
I think they're pretty solid. Stephen - 15/09/2011 05:25:05 PM 753 Views
*NM* Hieshyn - 15/09/2011 09:15:25 PM 367 Views
Ah no, I'm Greece. *NM* nossy - 15/09/2011 07:11:41 PM 339 Views
Austria? ßelals Girl - 15/09/2011 07:26:23 PM 708 Views
Made in Taiwan, Baby! Kel - 15/09/2011 08:02:23 PM 666 Views
I'm back in Russia! This is really cool. Wouldn't have thought that Florida = = Australia. Vivien - 15/09/2011 08:06:06 PM 702 Views
They mean their GDP in absolute numbers is close to the same size? Legolas - 15/09/2011 08:10:00 PM 730 Views
Re: They mean their GDP in absolute numbers is close to the same size? Vivien - 15/09/2011 11:33:56 PM 675 Views
Puts TX in pretty good shape though. Joel - 16/09/2011 03:47:19 PM 726 Views
it would if the map was accurate random thoughts - 16/09/2011 05:08:03 PM 728 Views
So no more than a gimmick then; too bad. Joel - 16/09/2011 07:56:06 PM 669 Views
I got Turkey. *NM* LordPerrin - 15/09/2011 08:17:11 PM 321 Views
The misspelling of Ecuador bothers me. Spriteling - 15/09/2011 08:53:49 PM 868 Views
The mispelling of mispelling bothers me. *NM* Jasha - 27/09/2011 04:20:27 AM 394 Views
Why does Sweden always have to be the place with a crumbling car industry? *NM* jh - 15/09/2011 09:02:45 PM 292 Views
Delaware = Bangladesh?! Praziquantel - 15/09/2011 09:11:42 PM 570 Views
Aren't there about 150 times as many people in bangladesh as in delaware? jh - 15/09/2011 09:19:01 PM 723 Views
that, and how do banks affect GDP? LadyLorraine - 15/09/2011 09:37:49 PM 617 Views
The services banks provide stimulate economic growth. Ghavrel - 15/09/2011 09:40:11 PM 596 Views
Not the money that belongs to others, but Praziquantel - 15/09/2011 09:53:05 PM 661 Views
Closer to 190 times as many, actually. Ghavrel - 15/09/2011 09:37:53 PM 647 Views
my backyard is bigger than Delaware and has more people in when I have a barbecue random thoughts - 15/09/2011 09:47:20 PM 738 Views
Erm. Nate - 15/09/2011 09:55:08 PM 688 Views
Yeah, I don't see how those two figures are even similar tbh. *NM* Praziquantel - 15/09/2011 10:00:30 PM 245 Views
Still a huge enough difference to make you wonder about that map, though... Legolas - 15/09/2011 10:00:40 PM 687 Views
yeah I was looking at the PPP number which is 259B random thoughts - 15/09/2011 10:08:24 PM 700 Views
That's exactly what it is, yes. *NM* Legolas - 15/09/2011 10:20:56 PM 330 Views
Sudan would definitely be closer. Nate - 15/09/2011 10:21:00 PM 771 Views
math smath *NM* random thoughts - 16/09/2011 12:29:57 AM 399 Views
Re: yeah I was looking at the PPP number which is 259B Isaac - 15/09/2011 10:22:27 PM 614 Views
There's a flip side to that, too, though. Joel - 16/09/2011 04:31:06 PM 722 Views
I'd rather not have a political debate on the subject Isaac - 16/09/2011 05:51:50 PM 693 Views
I wasn't trying to make it political, honest. Joel - 16/09/2011 08:00:34 PM 661 Views
As Legolas says, that is essentially what PPP GDP is, and why I and others prefer it. Joel - 16/09/2011 03:59:41 PM 901 Views
That's not all that similar! Vivien - 16/09/2011 12:43:10 AM 675 Views
Erm, nevermind. Legolas - 15/09/2011 10:05:13 PM 654 Views
Hmm. Nate - 15/09/2011 10:10:55 PM 742 Views
Yeah, I started out by confusing Delaware with Rhode Island and it went from there. Legolas - 15/09/2011 10:20:09 PM 751 Views
I noticed the edit thing a while back Stephen - 15/09/2011 10:57:01 PM 550 Views
Yeah, think it's pretty much always been that way. Joel - 16/09/2011 08:55:03 PM 617 Views
I have been known to call DE "the Black Hole of Calcutta for incorporation." Joel - 16/09/2011 03:40:39 PM 687 Views
The united Arab Emirates... and Brazil...eh *NM* Aisha - 16/09/2011 01:00:09 AM 331 Views
Connecticut being the UAE seems pretty appropriate in my mind for some reason ... The_Muted_Grimaud - 16/09/2011 03:08:23 AM 674 Views
Florida?! But that's America's wang! *NM* Colonel Logain - 16/09/2011 01:42:41 PM 335 Views
They prefer "The Sunshine State." Joel - 16/09/2011 07:09:21 PM 676 Views
only because it fits better on their license plates *NM* random thoughts - 16/09/2011 08:15:00 PM 310 Views
Yeah, THAT'S why they don't like being called "Americas wang." Joel - 16/09/2011 09:57:44 PM 714 Views
Back to Messageboard Post New Thread Search Help Stats Rules

Reply to Message

Block Quote Paragraph Quote
Formatting
Smiley Codes