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I would have guessed neither is accurate, but I was thinking GDP per-capita. I guess they could both be right then, but thinking on it more that might not work. The first places New York as more than Ohio, but places NY the same as Australia. The second places Ohio the same as Australia. The first places Ohio the same as Belgium, the second places Massachusetts the same as Belgium. So that would indicate Ohio is about the same as Massachusetts. So New York, Ohio, Massachusetts, Belgium, and Australia are all roughly the same? And all the same as Saudi Arabia, as the Economist lists MA as the same as Saudi, which is the same as Tennessee which is the same as Finland which is the same as Colorado? So Colorado is the same as New York? Well okay maybe I've added enough regressions to really confuse it, but still it seems like they maybe can't both be right. (They do seem to agree North Carolina is the same as Sweden)
I think maybe I'd lean toward the Economist being more right as I've heard of them more and it's easier to understand the comparisons.
Last edited by Thomas R.; 02-06-2011 at 09:01 AM..
LOL, Both maps pegged Arizona as Thailand. But the 1st map had about 4 or 5 states named Thailand and 3 named Finland. That would be rather confusing for a country to have 4 states all with the same name
It shows Illinois as Turkey and says that Illinois' GDP is $630.40 Billion and Turkey's is $614.47 Billion in The Economist. While for Big Think it puts Turkey with Washington although according to The Economist, Washington's GDP is $338.33 Billion.
Illinois is said to be $741 billion (matching with Mexico) in Big Think and Washington is said to be $358 billion.
These are conflicting answers.
Big Think also puts New Jersey and Ohio ahead of New York with $733 billion, $645 billion, and $621 billion respectively.
Kind of sobering to see the GDP comparisons - Illinois matching Mexico even though is has 1/10 the population. California with 38 million matching France or Italy with 60 million. We often don't give ourselves enough credit.
A lot of this depends on the exchange rates. For instance, France's GDP at the current Euro exchange rate is around $2.6 trillion, while California's GDP is around $1.85 trillion. This is with the Euro in the mid-$1.30's range. Back when the Euro was worth 86 American cents in the early part of the last decade, California was a lot closer to France's GDP. Italy's GDP is also over $2 trillion, given the exchange rate. Note that this is in nominal terms, and not in PPP terms.
And actually, Illinois doesn't match up particularly well with Mexico - the disparity in Mexico's favor is around $400 billion at current exchange rates. Illinois is between Switzerland and Indonesia right now. It massively over-performs Indonesia on a per capita basis, but it lags badly behind Switzerland.
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