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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.)
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A map. Because maps rock. US states renamed to countries with similar GDPs. - 15/09/2011 03:28:54 PM 1218 Views
Mine's Belgium - 15/09/2011 03:39:37 PM 840 Views
How can that be true - 15/09/2011 03:57:23 PM 847 Views
Exactly! - 15/09/2011 10:17:50 PM 833 Views
OH, I love OH, but mostly because it's boring - 15/09/2011 11:06:36 PM 782 Views
Well then Texas as Brazil makes perfect sense - 15/09/2011 04:40:43 PM 894 Views
Which just goes to show... - 15/09/2011 10:23:27 PM 861 Views
That's pretty awesome. - 15/09/2011 04:09:38 PM 818 Views
neat! *NM* - 15/09/2011 04:40:15 PM 466 Views
um... is Austria doing well? *NM* - 15/09/2011 05:10:20 PM 419 Views
I think they're pretty solid. - 15/09/2011 05:25:05 PM 973 Views
*NM* - 15/09/2011 09:15:25 PM 425 Views
Ah no, I'm Greece. *NM* - 15/09/2011 07:11:41 PM 392 Views
Austria? - 15/09/2011 07:26:23 PM 839 Views
Made in Taiwan, Baby! - 15/09/2011 08:02:23 PM 795 Views
I'm back in Russia! This is really cool. Wouldn't have thought that Florida = = Australia. - 15/09/2011 08:06:06 PM 834 Views
They mean their GDP in absolute numbers is close to the same size? - 15/09/2011 08:10:00 PM 855 Views
Puts TX in pretty good shape though. - 16/09/2011 03:47:19 PM 883 Views
it would if the map was accurate - 16/09/2011 05:08:03 PM 870 Views
So no more than a gimmick then; too bad. - 16/09/2011 07:56:06 PM 798 Views
I got Turkey. *NM* - 15/09/2011 08:17:11 PM 380 Views
The misspelling of Ecuador bothers me. - 15/09/2011 08:53:49 PM 1001 Views
The mispelling of mispelling bothers me. *NM* - 27/09/2011 04:20:27 AM 451 Views
Delaware = Bangladesh?! - 15/09/2011 09:11:42 PM 687 Views
Aren't there about 150 times as many people in bangladesh as in delaware? - 15/09/2011 09:19:01 PM 853 Views
that, and how do banks affect GDP? - 15/09/2011 09:37:49 PM 757 Views
The services banks provide stimulate economic growth. - 15/09/2011 09:40:11 PM 722 Views
Not the money that belongs to others, but - 15/09/2011 09:53:05 PM 799 Views
Closer to 190 times as many, actually. - 15/09/2011 09:37:53 PM 778 Views
my backyard is bigger than Delaware and has more people in when I have a barbecue - 15/09/2011 09:47:20 PM 871 Views
Erm. - 15/09/2011 09:55:08 PM 817 Views
Yeah, I don't see how those two figures are even similar tbh. *NM* - 15/09/2011 10:00:30 PM 302 Views
yeah I was looking at the PPP number which is 259B - 15/09/2011 10:08:24 PM 822 Views
That's exactly what it is, yes. *NM* - 15/09/2011 10:20:56 PM 384 Views
Sudan would definitely be closer. - 15/09/2011 10:21:00 PM 954 Views
math smath *NM* - 16/09/2011 12:29:57 AM 453 Views
Re: yeah I was looking at the PPP number which is 259B - 15/09/2011 10:22:27 PM 746 Views
There's a flip side to that, too, though. - 16/09/2011 04:31:06 PM 853 Views
I'd rather not have a political debate on the subject - 16/09/2011 05:51:50 PM 819 Views
I wasn't trying to make it political, honest. - 16/09/2011 08:00:34 PM 816 Views
As Legolas says, that is essentially what PPP GDP is, and why I and others prefer it. - 16/09/2011 03:59:41 PM 1041 Views
That's not all that similar! - 16/09/2011 12:43:10 AM 806 Views
Erm, nevermind. - 15/09/2011 10:05:13 PM 786 Views
Hmm. - 15/09/2011 10:10:55 PM 876 Views
I noticed the edit thing a while back - 15/09/2011 10:57:01 PM 675 Views
Yeah, think it's pretty much always been that way. - 16/09/2011 08:55:03 PM 752 Views
The united Arab Emirates... and Brazil...eh *NM* - 16/09/2011 01:00:09 AM 383 Views
Connecticut being the UAE seems pretty appropriate in my mind for some reason ... - 16/09/2011 03:08:23 AM 804 Views
Florida?! But that's America's wang! *NM* - 16/09/2011 01:42:41 PM 389 Views
They prefer "The Sunshine State." - 16/09/2011 07:09:21 PM 806 Views
only because it fits better on their license plates *NM* - 16/09/2011 08:15:00 PM 371 Views

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