Active Users:363 Time:05/11/2025 11:21:31 PM
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 1134 Views
Mine's Belgium Isaac - 15/09/2011 03:39:37 PM 773 Views
How can that be true Sareitha Sedai - 15/09/2011 03:57:23 PM 772 Views
Exactly! Darth_Katie - 15/09/2011 10:17:50 PM 766 Views
OH, I love OH, but mostly because it's boring Isaac - 15/09/2011 11:06:36 PM 715 Views
Well then Texas as Brazil makes perfect sense random thoughts - 15/09/2011 04:40:43 PM 819 Views
Which just goes to show... Legolas - 15/09/2011 10:23:27 PM 793 Views
That's pretty awesome. Nate - 15/09/2011 04:09:38 PM 755 Views
neat! *NM* Avendesora - 15/09/2011 04:40:15 PM 434 Views
um... is Austria doing well? *NM* Hieshyn - 15/09/2011 05:10:20 PM 390 Views
I think they're pretty solid. Stephen - 15/09/2011 05:25:05 PM 898 Views
*NM* Hieshyn - 15/09/2011 09:15:25 PM 396 Views
Ah no, I'm Greece. *NM* nossy - 15/09/2011 07:11:41 PM 366 Views
Austria? ßelals Girl - 15/09/2011 07:26:23 PM 773 Views
Made in Taiwan, Baby! Kel - 15/09/2011 08:02:23 PM 727 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 769 Views
They mean their GDP in absolute numbers is close to the same size? Legolas - 15/09/2011 08:10:00 PM 791 Views
Re: They mean their GDP in absolute numbers is close to the same size? Vivien - 15/09/2011 11:33:56 PM 732 Views
Puts TX in pretty good shape though. Joel - 16/09/2011 03:47:19 PM 797 Views
it would if the map was accurate random thoughts - 16/09/2011 05:08:03 PM 794 Views
So no more than a gimmick then; too bad. Joel - 16/09/2011 07:56:06 PM 733 Views
I got Turkey. *NM* LordPerrin - 15/09/2011 08:17:11 PM 347 Views
The misspelling of Ecuador bothers me. Spriteling - 15/09/2011 08:53:49 PM 932 Views
The mispelling of mispelling bothers me. *NM* Jasha - 27/09/2011 04:20:27 AM 417 Views
Why does Sweden always have to be the place with a crumbling car industry? *NM* jh - 15/09/2011 09:02:45 PM 317 Views
Delaware = Bangladesh?! Praziquantel - 15/09/2011 09:11:42 PM 631 Views
Aren't there about 150 times as many people in bangladesh as in delaware? jh - 15/09/2011 09:19:01 PM 785 Views
that, and how do banks affect GDP? LadyLorraine - 15/09/2011 09:37:49 PM 683 Views
The services banks provide stimulate economic growth. Ghavrel - 15/09/2011 09:40:11 PM 659 Views
Not the money that belongs to others, but Praziquantel - 15/09/2011 09:53:05 PM 723 Views
Closer to 190 times as many, actually. Ghavrel - 15/09/2011 09:37:53 PM 709 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 798 Views
Erm. Nate - 15/09/2011 09:55:08 PM 757 Views
Yeah, I don't see how those two figures are even similar tbh. *NM* Praziquantel - 15/09/2011 10:00:30 PM 270 Views
Still a huge enough difference to make you wonder about that map, though... Legolas - 15/09/2011 10:00:40 PM 750 Views
yeah I was looking at the PPP number which is 259B random thoughts - 15/09/2011 10:08:24 PM 761 Views
That's exactly what it is, yes. *NM* Legolas - 15/09/2011 10:20:56 PM 359 Views
Sudan would definitely be closer. Nate - 15/09/2011 10:21:00 PM 889 Views
math smath *NM* random thoughts - 16/09/2011 12:29:57 AM 429 Views
Re: yeah I was looking at the PPP number which is 259B Isaac - 15/09/2011 10:22:27 PM 682 Views
There's a flip side to that, too, though. Joel - 16/09/2011 04:31:06 PM 786 Views
I'd rather not have a political debate on the subject Isaac - 16/09/2011 05:51:50 PM 753 Views
I wasn't trying to make it political, honest. Joel - 16/09/2011 08:00:34 PM 737 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 972 Views
That's not all that similar! Vivien - 16/09/2011 12:43:10 AM 735 Views
Erm, nevermind. Legolas - 15/09/2011 10:05:13 PM 719 Views
Hmm. Nate - 15/09/2011 10:10:55 PM 804 Views
Yeah, I started out by confusing Delaware with Rhode Island and it went from there. Legolas - 15/09/2011 10:20:09 PM 818 Views
I noticed the edit thing a while back Stephen - 15/09/2011 10:57:01 PM 608 Views
Yeah, think it's pretty much always been that way. Joel - 16/09/2011 08:55:03 PM 681 Views
I have been known to call DE "the Black Hole of Calcutta for incorporation." Joel - 16/09/2011 03:40:39 PM 752 Views
The united Arab Emirates... and Brazil...eh *NM* Aisha - 16/09/2011 01:00:09 AM 356 Views
Connecticut being the UAE seems pretty appropriate in my mind for some reason ... The_Muted_Grimaud - 16/09/2011 03:08:23 AM 734 Views
Florida?! But that's America's wang! *NM* Colonel Logain - 16/09/2011 01:42:41 PM 360 Views
They prefer "The Sunshine State." Joel - 16/09/2011 07:09:21 PM 743 Views
only because it fits better on their license plates *NM* random thoughts - 16/09/2011 08:15:00 PM 341 Views
Yeah, THAT'S why they don't like being called "Americas wang." Joel - 16/09/2011 09:57:44 PM 777 Views
Back to Messageboard Post New Thread Search Help Stats Rules

Reply to Message

Block Quote Paragraph Quote
Formatting
Smiley Codes