Countries GDP as US States
Fascinating stuff: Carl Størmer points us to this amazing map of the United States. Each state's economic output is analogized to another country's GDP.
click for larger chart:
Notable omissions: U.K., Japan, Germany, China, Russia, Italy.
I cannot vouch for the precision of this, but by eyeball, it looks about right.
Carl adds:
"When seeing Norway's GDP in the context of this map, one realizes why Norway is one of the last countries U.S. companies consider when expanding to Europe.
My two cents (not in the blog): In addition to small GDP, little competition has enabled local players to build monopolies or duopolies in many industries. Add high state ownership to this mix, and you understand why Norwegian consumers are unused to good service and competitive prices. Other than that, Norway is a great country."
Thanks for the great find, Carl!
Monday, January 15, 2007 | 01:35 PM | Permalink
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Russia is New Jersey.
Posted by: s0mebody | Jan 15, 2007 2:06:01 PM
I used to be French, but now I'm Belgian-much better beer.
Posted by: babygal | Jan 15, 2007 2:27:50 PM
Newsflash: Rufus T. Firefly is named president/dictator of bankrupt Freedonia (Rhode Island) and declares war on neighboring Sylvania (Connecticut) over the love of wealthy Mrs. Teasdale.
Posted by: Larry Nusbaum | Jan 15, 2007 2:33:05 PM
Why the snark about Norway?
Toiling through the low wage, high violence Bush years, I often regret that my ancestors ever migrated here. Norwegian I would rather (still) be. If you think I'm foolish, check the public health stats.
Posted by: dissent | Jan 15, 2007 3:12:27 PM
"We'll try to stay serene and calm
When Alabama gets the bomb!"
- Tom Lehrer
Posted by: Eddy Elfenbein | Jan 15, 2007 3:37:38 PM
eddie: I don't have a lot of time, since our military coup in Arizona.....
Posted by: Larry Nusbaum | Jan 15, 2007 3:39:21 PM
Damn, I used to drink local California wine. Now I am forced to drink French wine?
France population: 60,876,136 (July 2006 est.)
California population: 37,444,385 (mid 2006 est)
Family name notwithstanding I'll take California.
Posted by: Robert Coté | Jan 15, 2007 3:40:53 PM
Would be interesting to see this adjusted for i. purchasing power parity and ii. the size of the underground economy
Is it adjusted for either?
India is another significant omission.
Posted by: Bluzer | Jan 15, 2007 3:43:24 PM
Unless I am very much mistaken, the "snark" about Norway comes from the source of the chart, who is Norwegian. Presumably he knows what he is talking about.
What I find remarkable is that the seventh most populous country in the world (Bangladesh) has an economy the size of the 49th most populous state (Vermont.) The 13th most populous country in the world (Vietnam) has an economy the size of the smallest state by landmass (Rhode Island).
Posted by: Macro Man | Jan 15, 2007 3:44:21 PM
"What I find remarkable is that the seventh most populous country in the world (Bangladesh) has an economy the size of the 49th most populous state (Vermont.)"
which leads me to conclude that this is not adjusted for PPP - and is hence useless.
Can I have my money back please?
Posted by: Bluzer | Jan 15, 2007 3:55:30 PM
I live in Tennessee. When I saw this map I called the drillers, but Mrs. OldVet says she's not going to wear a veil and she's moving to California if I don't get that rig out of the front yard.
Posted by: OldVet | Jan 15, 2007 4:15:39 PM
Hey! Pot's legal in PA! Cool!
Posted by: semper fubar | Jan 15, 2007 5:02:52 PM
Actually, I did not create this chart. I received it from a Norwegian friend who got it from a presentation given by "The York Group International Inc.":http://www.theyorkgroup.com.
India is missing. So is China. Probably because their GDP is bigger than any U.S. state.
Carl
Posted by: Carl Stormer | Jan 15, 2007 5:33:47 PM
Singapore a city with a little over 4 million people and about 250 square miles is equal to all of South Carolina - LOL.
I have family I could give grief to, but they are immune to the kidding from the Swedish side of the family.
Posted by: russell120 | Jan 15, 2007 6:27:44 PM
Good stuff!
Posted by: Bucky Katt | Jan 15, 2007 6:45:05 PM
Something with Indonesia and bad weather...
Posted by: My1ambition | Jan 15, 2007 7:28:16 PM
You just didn't look close enough... China's right there... see it?... in Arkansas, up in the northwest part. Surely you see it. You're not blind are you?
And, India, it's there too... up at that part of New York down on the ocean... You know!... the giant city at the extreme western end of Long Island? It's all over that place like white on rice.
Posted by: Eclectic | Jan 15, 2007 8:52:10 PM
CA is the 8th-largest economy in the world, roughly -- it is slightly smaller than France. UK, Japan, China, Italy, and Germany are ommitted because their economies are all larger than any individual U.S. states.
Posted by: Whammer | Jan 15, 2007 9:41:22 PM
Wait, Ohio has a bigger economy than all of Australia?
I just did a one year contracting gig up in Ohio... that's kind of hard to imagine.
Having spent time in the south and the east Ohio is an economic wasteland by comparison. It's hard for me to imagine it bests all of OZ.
Posted by: super-anon | Jan 15, 2007 10:17:25 PM
All the talk of Norway reminded me of this. Poor Norway... can't get no respect. Disclaimer: I have nothing against Norway. ;)
Posted by: bodanker | Jan 15, 2007 10:36:05 PM
Well, the comparisons are not that solid. For instance, TX is $200 B smaller than Canada. Ecuador is 50% larger than North Dakota. Based on 2005 GSP data from the BEA and 2005 GDP data from the IMF, this is a more accurate comparison, in $ US billions:
Entity GDP
United States 12455.83
Japan 4567.44
Germany 2791.74
China 2234.13
United Kingdom 2229.47
France 2126.72
Italy 1765.54
California 1621.84 *
Canada 1132.44
Spain 1126.57
Texas 982.40 *
New York 963.47 *
Brazil 795.67
Korea 787.57
India 771.95
Mexico 768.44
Russia 763.29
Australia 708.52
Florida 674.05 *
Netherlands 629.91
Illinois 560.24 *
Pennsylvania 487.17 *
Ohio 442.44 *
New Jersey 430.79 *
Michigan 377.90 *
Belgium 3 71.70
Switzerland 367.57
Georgia 364.31 *
Turkey 362.46
Sweden 358.81
Virginia 352.75 *
Taiwan 346.18
North Carolina 344.64 *
Massachusetts 328.54 *
Saudi Arabia 309.95
Austria 305.34
Poland 303.23
Norway 295.67
Indonesia 281.26
Washington 268.50 *
Denmark 259.64
Maryland 244.90 *
South Africa 239.42
Indiana 238.64 *
Minnesota 233.29 *
Tennessee 226.50 *
Greece 225.59
Wisconsin 217.54 *
Missouri 216.07 *
Colorado 216.06 *
Arizona 215.76 *
Ireland 200.77
Finland 196.05
Connecticut 194.47 *
Iran 192.35
Portugal 183.62
Argentina 181.55
Hong Kong SAR 177.70
Thailand 173.13
Louisiana 166.31 *
Alabama 149.80 *
Oregon 145.35 *
Kentucky 140.36 *
South Carolina 139.77 *
Venezuela 132.85
Malaysia 130.84
Israel 129.84
UAE 129.64
Czech Republic 124.31
Colombia 122.27
Oklahoma 120.55 *
Singapore 116.78
Chile 115.31
Iowa 114.29 *
Pakistan 110.97
Nevada 110.55 *
Hungary 109.20
New Zealand 108.52
Kansas 105.45 *
Algeria 102.03
Nigeria 99.15
Romania 98.57
Philippines 98.37
Utah 89.84 *
Egypt 89.48
Arkansas 86.80 *
Ukraine 82.88
Washington, DC 82.78 *
Mississippi 80.20 *
Peru 79.39
Kuwait 74.60
Nebraska 70.26 *
New Mexico 69.32 *
Bangladesh 60.81
Kazakhstan 56.09
New Hampshire 55.69 *
Delaware 54.35 *
West Virginia 53.78 *
Hawaii 53.71 *
Morocco 51.62
Vietnam 51.39
Slovak Republic 47.46
Idaho 47.18 *
Maine 45.07 *
Rhode Island 43.79 *
Alaska 39.87 *
Libya 38.74
Croatia 38.51
Luxembourg 36.53
Ecuador 36.49
Qatar 34.34
Slovenia 34.03
Angola 32.81
South Dakota 31.07 *
Oman 30.73
Montana 29.85 *
Belarus 29.57
Dominican Rep. 29.09
Tunisia 28.67
Sudan 27.54
Wyoming 27.42 *
Guatemala 27.37
Syria 27.30
Bulgaria 26.72
Lithuania 25.50
North Dakota 24.18 *
Serbia 24.06
Sri Lanka 23.53
Vermont 23.13 *
Lebanon 22.05
Costa Rica 19.99
Kenya 18.73
http://bea.gov/bea/newsrel/gspnewsrelease.htm
http://www.imf.org/external/pubs/ft/weo/2006/02/data/weorept.aspx?sy=2005&ey=2005&scsm=1&ssd=1&sort=country&ds=.&br=1&c=512%2C446%2C914%2C666%2C612%2C668%2C614%2C672%2C311%2C946%2C213%2C137%2C911%2C962%2C193%2C674%2C122%2C676%2C912%2C548%2C313%2C556%2C419%2C678%2C513%2C181%2C316%2C682%2C913%2C684%2C124%2C273%2C339%2C921%2C638%2C948%2C514%2C686%2C218%2C688%2C963%2C518%2C616%2C728%2C223%2C558%2C516%2C138%2C918%2C353%2C748%2C196%2C618%2C278%2C522%2C692%2C622%2C694%2C156%2C142%2C624%2C449%2C626%2C564%2C628%2C283%2C228%2C853%2C924%2C288%2C233%2C293%2C632%2C566%2C636%2C964%2C634%2C182%2C238%2C453%2C662%2C968%2C960%2C922%2C423%2C714%2C935%2C862%2C128%2C716%2C611%2C456%2C321%2C722%2C243%2C965%2C248%2C718%2C469%2C724%2C253%2C576%2C642%2C936%2C643%2C961%2C939%2C813%2C644%2C199%2C819%2C184%2C172%2C524%2C132%2C361%2C646%2C362%2C648%2C364%2C915%2C732%2C134%2C366%2C652%2C734%2C174%2C144%2C328%2C146%2C258%2C463%2C656%2C528%2C654%2C923%2C336%2C738%2C263%2C578%2C268%2C537%2C532%2C742%2C944%2C866%2C176%2C369%2C534%2C744%2C536%2C186%2C429%2C925%2C178%2C746%2C436%2C926%2C136%2C466%2C343%2C112%2C158%2C111%2C439%2C298%2C916%2C927%2C664%2C846%2C826%2C299%2C542%2C582%2C443%2C474%2C917%2C754%2C544%2C698%2C941&s=NGDPD&grp=0&a=&pr1.x=64&pr1.y=9
Posted by: James Mitchell | Jan 15, 2007 11:19:35 PM
Working through low wage, the high years of Bush of the violence, moan often that my ancestors emigrated always here. The Norwegian who I (still) is something. If you think that I am absurd, I verify stats of the public health.
Posted by: John | Jan 16, 2007 1:22:09 AM
It's cute... but it's wrong. Romania's GDP is 4 times larger than the GSP of Delaware.
Posted by: Aquarius | Jan 16, 2007 4:41:58 AM
GDP does'nt say that much about a country, GDP per capita explains things a little better:
Rank Country GDP (PPP)$ per capita
1 Luxembourg 69,800
2 Norway 42,364
3 United States 41,399
4 Ireland 40,610
5 Iceland 35,115
6 Denmark 34,740
7 Canada 34,273
8 Hong Kong 33,479
9 Austria 33,432
10 Switzerland 32,571
11 Qatar 31,397
12 Belgium 31,244
13 Finland 31,208
14 Australia 30,897
15 Netherlands 30,862
But if your interested in how a country is to live in, its the Human Development Index you should look at:
1. Norway 0.965 (=)
2. Iceland 0.960 (=)
3. Australia 0.957 (=)
4. Ireland 0.956 (↑ 4)
5. Sweden 0.951 (↑ 1)
6. Canada 0.950 (↓ 1)
7. Japan 0.949 (↑ 4)
8. United States 0.948 (↑ 2)
9. Switzerland 0.947 (↓ 2)
10. Netherlands 0.947 (↑ 2)
11. Finland 0.947 (↑ 2)
12. Luxembourg 0.945 (↓ 8)
13. Belgium 0.945 (↓ 4)
14. Austria 0.944 (↑ 3)
15. Denmark 0.943 (↓ 1)
And what's this about U.S companys not expanding to Norway? Well, I suppose Google, Sun, IBM, Microsoft and their kind don't really count, because, uhm, Norway are one of the only countrys in Europe that those companys has anything more than a sales/PR functions. wtf?
Posted by: Vegard | Jan 16, 2007 5:02:00 AM
A rather confusing map. The methodology was not explained.
Thanks to all the posters that contributed with more information. We can see that Norway is doing all right, according to the other numbers.
Posted by: Jeff J | Jan 16, 2007 9:08:21 AM
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