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General Forums => Generic Discussion => Topic started by: constant thinker on April 10, 2007, 08:53:05 PM

Title: World GDPs
Post by: constant thinker on April 10, 2007, 08:53:05 PM
I found and interesting website with GDPs for countries and the EU. I thought they were pretty cool. There are tons of other statistics on the website.
https://www.cia.gov/cia/publications/factbook/rankorder/2001rank.html

The U.S. and EU are pretty close. They're only $16 billion apart.

Top 5
0
   World    $ 65,000,000,000,000    2006 est.  (comparison)
1
   United States    $ 12,980,000,000,000    2006 est. (~19.97%)
2
   European Union    $ 12,820,000,000,000    2006 est. (~19.72%)
3
   China    $ 10,000,000,000,000    2006 est. (~15.68%)
4
   Japan    $ 4,220,000,000,000    2006 est (~6.49%)
5
   India    $ 4,042,000,000,000    2006 est (~6.22%)

[Note] The CIA (Central Intelligence Agency) used purchasing power parity to take into account exchange rates.
Title: Re: World GDPs
Post by: xiankai on April 10, 2007, 10:59:52 PM
$160 billion u mean, that may sound abit more impressive.

im surprised at china's GDP, sure i know it was very big and expanding rapidly, but it looks like they may catch up with the US sooner than a period of years, if their environmental issues don't hold them back
Title: Re: World GDPs
Post by: constant thinker on April 11, 2007, 09:27:03 PM
$160 billion u mean, that may sound abit more impressive.

Yes I did mean $160 billion, sorry about that.

I was also amazed at China's GDP. I forgot to include that I was shocked by how high their GDP is (I was tired).

China is probably the fastest growing economy in the world.
Title: Re: World GDPs
Post by: syko sykes on May 14, 2007, 08:47:35 PM
China's GDP doesn't really impress me. Their population is about 4 times that of the United States. I think a better measure of wealth would be GDP per capita which would show China being much lower.

Looking at your numbers, China holds more than 1/6 of the worlds population but is responsible for less than 1/6 of the world's GDP. This makes them below average on per person terms. Nothing to be worried about.

I will admit they've made significant progress though.