Friday, September 19, 2008

A comparison of GDP


In all our discussions and reporting, we always highlight our country’s high rank in the Global GDP (& PPP) list. Yes, the attached table gives the statistics – we are in the twelfth position in the globe.

The other half of the table gives another perspective – how we manage our resources in comparison with USA and other emerging countries. The scene is not as pleasant as we normally tend to believe –
- For the size of our nation, our GDP is better than Brazil and Russia, almost equal to China BUT way below USA
- For the size of our population, we have the lowest GDP – another indication of our low productivity levels. The nearest contender China is 2.5 times of ours and USA is nearly 50 times!
- As far as the environmental impact goes, we do better than China. It will be interesting to look at Brazil’s figure – they are probably the best in the world

I leave the inference to the readers…

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