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Old 02-19-2008, 08:09 PM
 
Location: Live in VA, Work in MD, Play in DC
697 posts, read 2,026,592 times
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Quote:
Originally Posted by Chicago60614 View Post
Interesting map, although I spot checked the numbers for the states vs the countries for 2006, and almost all the countries listed have much higher GDPs than the state they represent. For instance Russia has over twice as high a GDP compared to New Jersey, etc. Generally though, the countries listed have a roughly 20% higher GDP than the state they're in.

I think someone said this is from 2000, although the US has had fairly decent growth since then, especially compared to other western countries.
I think the map used of the exchange rate conversions of international countries instead of using Purchasing Power Parity (PPP) and matched them up against the state nominal GDP numbers, which makes a HUGE difference.

Here is a 2006 IMF list showing states and countries side by side (using GDP exchange rate) -

Comparison between U.S. states and countries nominal GDP - Wikipedia, the free encyclopedia

And here is a World Bank list showing states and countries side by side (using GDP PPP), but it's from 2005 -

Comparison between U.S. states and countries by GDP (PPP) - Wikipedia, the free encyclopedia

Last edited by tenken627; 02-19-2008 at 08:26 PM..
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Old 02-19-2008, 08:19 PM
 
Location: Live in VA, Work in MD, Play in DC
697 posts, read 2,026,592 times
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Plus, you know the map is REALLY old when it shows that the U.S. has a higher GDP than the European Union by $2 trillion.

The European Union surpassed the U.S. a while back.
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Old 02-19-2008, 08:23 PM
 
Location: Live in VA, Work in MD, Play in DC
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Quote:
Originally Posted by south-to-west View Post
Yeah--the fact that Mississippi alone can match the economy of Chile, one of South America's largetst and most powerful economies, is very reassuring.
2006 -

Mississippi - $84.225 Billion

Chile - $145.205 Billion

Chile blew up fast.
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Old 02-19-2008, 08:27 PM
 
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Quote:
Originally Posted by tenken627 View Post
Plus, you know the map is REALLY old when it shows that the U.S. has a higher GDP than the European Union by $2 trillion.

The European Union surpassed the U.S. a while back.
Because they keep adding countries, not so much because they're growing faster than the US.
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Old 02-19-2008, 08:35 PM
 
Location: Live in VA, Work in MD, Play in DC
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Quote:
Originally Posted by Chicago60614 View Post
Because they keep adding countries, not so much because they're growing faster than the US.
That is true. They added Slovakia, Poland, the Baltic tigers, and some other countries since then. But still, it's been known for a while that the EU has surpassed the US a while ago.

Actually most of the EU countries have also grown at a decent clip along with the U.S. Ireland exploded.
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Old 02-19-2008, 08:59 PM
 
Location: moving again
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Cool map. So all of the states are equivalent to countries and than Maryland is Equivalent to A city? im so confused with Hong Kong. i mean its not a nation, it belongs to China, but they have their own currency. or maybe my infos wrong idk.
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Old 02-19-2008, 09:12 PM
 
Location: Twin Cities, Minnesota
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Europe is definitely not growing faster than the US. Europe has been stagnant for years.
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Old 02-19-2008, 09:31 PM
 
Location: Live in VA, Work in MD, Play in DC
697 posts, read 2,026,592 times
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Quote:
Originally Posted by DannyBanany View Post
Europe is definitely not growing faster than the US. Europe has been stagnant for years.
Some parts of Europe are stagnant. Others are growing fast.

% Change for GDP (PPP) per capita for many countries are at double digits between 2004-2006.

Political Calculations: 2006 GDP Rankings for Europe
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