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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 1055 Views
Mine's Belgium - 15/09/2011 03:39:37 PM 710 Views
How can that be true - 15/09/2011 03:57:23 PM 703 Views
Exactly! - 15/09/2011 10:17:50 PM 698 Views
OH, I love OH, but mostly because it's boring - 15/09/2011 11:06:36 PM 659 Views
Well then Texas as Brazil makes perfect sense - 15/09/2011 04:40:43 PM 754 Views
Which just goes to show... - 15/09/2011 10:23:27 PM 729 Views
That's pretty awesome. - 15/09/2011 04:09:38 PM 693 Views
neat! *NM* - 15/09/2011 04:40:15 PM 404 Views
um... is Austria doing well? *NM* - 15/09/2011 05:10:20 PM 364 Views
I think they're pretty solid. - 15/09/2011 05:25:05 PM 754 Views
*NM* - 15/09/2011 09:15:25 PM 368 Views
Ah no, I'm Greece. *NM* - 15/09/2011 07:11:41 PM 340 Views
Austria? - 15/09/2011 07:26:23 PM 709 Views
Made in Taiwan, Baby! - 15/09/2011 08:02:23 PM 667 Views
I'm back in Russia! This is really cool. Wouldn't have thought that Florida = = Australia. - 15/09/2011 08:06:06 PM 703 Views
They mean their GDP in absolute numbers is close to the same size? - 15/09/2011 08:10:00 PM 730 Views
Puts TX in pretty good shape though. - 16/09/2011 03:47:19 PM 727 Views
it would if the map was accurate - 16/09/2011 05:08:03 PM 729 Views
So no more than a gimmick then; too bad. - 16/09/2011 07:56:06 PM 670 Views
I got Turkey. *NM* - 15/09/2011 08:17:11 PM 321 Views
The misspelling of Ecuador bothers me. - 15/09/2011 08:53:49 PM 869 Views
The mispelling of mispelling bothers me. *NM* - 27/09/2011 04:20:27 AM 394 Views
Delaware = Bangladesh?! - 15/09/2011 09:11:42 PM 571 Views
Aren't there about 150 times as many people in bangladesh as in delaware? - 15/09/2011 09:19:01 PM 724 Views
that, and how do banks affect GDP? - 15/09/2011 09:37:49 PM 617 Views
The services banks provide stimulate economic growth. - 15/09/2011 09:40:11 PM 598 Views
Not the money that belongs to others, but - 15/09/2011 09:53:05 PM 661 Views
Closer to 190 times as many, actually. - 15/09/2011 09:37:53 PM 648 Views
my backyard is bigger than Delaware and has more people in when I have a barbecue - 15/09/2011 09:47:20 PM 739 Views
Erm. - 15/09/2011 09:55:08 PM 689 Views
Yeah, I don't see how those two figures are even similar tbh. *NM* - 15/09/2011 10:00:30 PM 246 Views
yeah I was looking at the PPP number which is 259B - 15/09/2011 10:08:24 PM 701 Views
That's exactly what it is, yes. *NM* - 15/09/2011 10:20:56 PM 331 Views
Sudan would definitely be closer. - 15/09/2011 10:21:00 PM 772 Views
math smath *NM* - 16/09/2011 12:29:57 AM 399 Views
Re: yeah I was looking at the PPP number which is 259B - 15/09/2011 10:22:27 PM 615 Views
There's a flip side to that, too, though. - 16/09/2011 04:31:06 PM 723 Views
I'd rather not have a political debate on the subject - 16/09/2011 05:51:50 PM 694 Views
I wasn't trying to make it political, honest. - 16/09/2011 08:00:34 PM 662 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 902 Views
That's not all that similar! - 16/09/2011 12:43:10 AM 676 Views
Erm, nevermind. - 15/09/2011 10:05:13 PM 655 Views
Hmm. - 15/09/2011 10:10:55 PM 744 Views
I noticed the edit thing a while back - 15/09/2011 10:57:01 PM 551 Views
Yeah, think it's pretty much always been that way. - 16/09/2011 08:55:03 PM 618 Views
The united Arab Emirates... and Brazil...eh *NM* - 16/09/2011 01:00:09 AM 332 Views
Connecticut being the UAE seems pretty appropriate in my mind for some reason ... - 16/09/2011 03:08:23 AM 675 Views
Florida?! But that's America's wang! *NM* - 16/09/2011 01:42:41 PM 335 Views
They prefer "The Sunshine State." - 16/09/2011 07:09:21 PM 676 Views
only because it fits better on their license plates *NM* - 16/09/2011 08:15:00 PM 311 Views

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