Sponsor Message:
Non Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
GNP, GDP/Per Capita Income Of Different Countries  
User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9191 posts, RR: 15
Posted (10 years 6 months 3 weeks 1 day 21 hours ago) and read 7678 times:

You get heaps of surveys with different results. Last time I remember the result was:

1) USA
2) Japan
3) Hong Kong

Something like that......... What about Switzerland and Luxemburg???

Also CANADA VS AUSTRALIA. Which country has a higher per capita income??? I would say CANADA right? Afterall it's a bigger economy.

What about absolute GNP/GDP? Does anyone have the rankings? I am sure USA is number 1.

14 replies: All unread, jump to last
 
User currently offlineSebolino From France, joined May 2001, 3682 posts, RR: 4
Reply 1, posted (10 years 6 months 3 weeks 1 day 20 hours ago) and read 7665 times:

Luxembourg is number 1, much higher than the USA.

The calculation is made in "Buying power standard" representing "an equal volume of goods".
The advantage of this calculation is to take into account the differences of inner prices.

Luxembourg: 35980
USA : 27561
Japan: 22402
EU : 20613


See http://europa.eu.int/comm/publications/booklets/eu_glance/14/index_fr.htm

[Edited 2004-05-10 21:01:23]

User currently offlineMaverickM11 From United States of America, joined Apr 2000, 17786 posts, RR: 46
Reply 2, posted (10 years 6 months 3 weeks 1 day 20 hours ago) and read 7655 times:

GDP
http://www.cia.gov/cia/publications/factbook/rankorder/2001rank.html

GDP per capita
http://www.cia.gov/cia/publications/factbook/rankorder/2004rank.html



E pur si muove -Galileo
User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9191 posts, RR: 15
Reply 3, posted (10 years 6 months 3 weeks 1 day 20 hours ago) and read 7649 times:

But another survey (The big mac one) showed that USA has the highest per capita income. And Japan comes 2nd and Hong Kong is number 3. Well...... this is in terms of absolute terms without taking other factors into account.

CANADA VS AUSTRALIA. WHO IS HIGHER?


User currently offlineSebolino From France, joined May 2001, 3682 posts, RR: 4
Reply 4, posted (10 years 6 months 3 weeks 1 day 19 hours ago) and read 7640 times:

The big mac one ?

You mean how many Big Mac you can buy ?

But people don't buy only Big Macs  Smile/happy/getting dizzy


User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9191 posts, RR: 15
Reply 5, posted (10 years 6 months 3 weeks 1 day 19 hours ago) and read 7636 times:

Yes. How many big macs you can buy worldwide I think. Hahaha!

But a few OTHER surveys indicated that USA is no 1, Japan no 2 and HK no 3. Well they all rich places.


User currently offlineKEno From Malaysia, joined Feb 2004, 1842 posts, RR: 27
Reply 6, posted (10 years 6 months 3 weeks 1 day 13 hours ago) and read 7616 times:

Big mac is used as a standard product for comparison because no matter where in the world you purchase it, you'd get the exact same ingredients, weight and size. I guess you could also use other products like Coke, but definitely not general products like bread.



Read the explanation here : http://www.stanford.edu/class/msande247s/bigmac.html


User currently offlineJAL777 From , joined Dec 1969, posts, RR:
Reply 7, posted (10 years 6 months 3 weeks 1 day 13 hours ago) and read 7607 times:

Cayman Islands and Bermuda??? Me thinks all those off-shore accounts are having an effect on their GDP's.

User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9191 posts, RR: 15
Reply 8, posted (10 years 6 months 3 weeks 1 day 9 hours ago) and read 7595 times:

So Canada has a higher GNP/GDP than Australia???? Also higher per capita income...... interesting.

Heard that California State is already a bigger economy than Australia is that true?


User currently offlineTrvlr From United States of America, joined Feb 2000, 4430 posts, RR: 21
Reply 9, posted (10 years 6 months 3 weeks 1 day 8 hours ago) and read 7598 times:

California's GDP is actually the world's 6th largest. In fact, just Los Angeles County has a higher GDP than Russia.

(source: The Economist)

-Aaron G.


User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9191 posts, RR: 15
Reply 10, posted (10 years 6 months 3 weeks 1 day 7 hours ago) and read 7582 times:

Russia or Australia????

BTW, which city has a higher GDP? LA or SFO?


User currently offlineSebolino From France, joined May 2001, 3682 posts, RR: 4
Reply 11, posted (10 years 6 months 3 weeks 1 day 7 hours ago) and read 7578 times:

A calculation in term of hamburgers is ridiculous.
If I choose a calculation in term of Bordeaux wine, France will be number 1.
It has to reflect what people really buy (food, cars, gas, cinema tickets, ...).
If the salaries in a country is much higher than in another (f.e. USA vs France), you have to take into account the fact that houses (for example) are much more expensive in the USA too. You can't just apply the parity and say: more dollars = more living power. (that would be true for an American coming in vacation in France though).


User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9191 posts, RR: 15
Reply 12, posted (10 years 6 months 3 weeks 1 day 7 hours ago) and read 7576 times:

I think its in terms of the number hamburgers you can buy worldwide, not only in your only country. Its purchasing power I think........

User currently offlineSebolino From France, joined May 2001, 3682 posts, RR: 4
Reply 13, posted (10 years 6 months 3 weeks 1 day 7 hours ago) and read 7572 times:

Yes,

Except that the price of a BigMac is not determined with the same criterions in all countries.
Perhaps one country has cheaper meat or tomatoes, or the demand is so low that MacDonald's has decreased the price, or the minimum salaries of MacDonald's employees is much higher than in another country.

And perhaps BigMac is very expensive because of an expensive meat, but cars and beers are very cheap ...


User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9191 posts, RR: 15
Reply 14, posted (10 years 6 months 3 weeks 1 day 4 hours ago) and read 7565 times:

True........ Indeed the Bigmac Index is not very accurate in some ways, even the Hong Kong government has made clear of that.

Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
The Amount Of Oil In Different Countries posted Fri Apr 29 2005 09:09:16 by United Airline
Positive Examples Of Progressive Countries posted Fri Aug 25 2006 01:26:46 by AerospaceFan
Statistics For Abortion In Different Countries posted Fri Aug 26 2005 20:16:40 by Duke
What US City Has The Most Beer Drinkers Per Capita posted Wed Mar 16 2005 18:39:08 by B741
Comedies - Different Countries posted Tue Feb 1 2005 15:51:36 by HAWK21M
Map Of Free Countries posted Sun Jan 16 2005 05:35:52 by Rjpieces
Future Of European Countries.. posted Thu Feb 12 2004 20:27:25 by EGFFbmi
About 9/11 And Help Of Foreign Countries posted Tue Dec 23 2003 18:55:49 by Sabena 690
Different Countries, Different Salaries! posted Thu Aug 14 2003 14:24:52 by Luxair
'Axis Of Evil' Countries Feeling The Heat posted Tue Apr 15 2003 14:10:25 by TechRep
The World's Top 20 Largest GNP/GDP posted Tue Sep 4 2007 04:38:30 by United Airline
Road Trip - PER - ADL (lots Of Photos) posted Thu Mar 8 2007 05:38:58 by Springbok747
Positive Examples Of Progressive Countries posted Fri Aug 25 2006 01:26:46 by AerospaceFan
Statistics For Abortion In Different Countries posted Fri Aug 26 2005 20:16:40 by Duke
What US City Has The Most Beer Drinkers Per Capita posted Wed Mar 16 2005 18:39:08 by B741
Comedies - Different Countries posted Tue Feb 1 2005 15:51:36 by HAWK21M
Map Of Free Countries posted Sun Jan 16 2005 05:35:52 by Rjpieces