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Old 11-18-2014, 11:39 PM
RN7 RN7 is offline
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Join Date: Jun 2009
Posts: 1,284
Default OT: Who is really the richest country

Gross domestic product (GDP) is the commonest way used to calculate how rich countries are. GDP is the market value of all final goods and services from a nation in a given year, which is calculated as the population times market value of the goods and services produced per person in the country. Nominal GDP estimates of countries GDP is the most widely excepted method used by financial and statistical institutions, which are calculated at market or government official exchange rates. According to statistics released by the IMF, World Bank and the CIA the twenty five largest economies are....

2013 GDP (Millions of US$)
16,965,000. United States
09,470,000. China
05,875,000. Japan
03,715,000. Germany
02,805,000. France
02,525,000. United Kingdom
02,340,000. Brazil
02,115,000. Russia
02,070,000. Italy
01,960,000. India
01,825,000. Canada
01,560,000. Australia
01,360,000. Spain
01,325,000. Mexico
01,305,000. South Korea
00,870,000. Indonesia
00,855,000. Netherlands
00,820,000. Turkey
00,750,000. Saudi Arabia
00,650,000. Switzerland
00,610,000. Argentina
00,560,000. Sweden
00,520,000. Nigeria
00,515,000. Norway
00,515,000. Poland

However a list of countries by their global financial assets; ie the total privately owned assets of residents such as cash, equity, bank deposits, bonds and stocks (excluding tangible assets such as real estate and land) paints a very different picture of the worlds wealth.

2014 Assets (Millions of US$)
60,325,000. United States
14,645,000. Japan
13,180,000. China
07,340,000. United Kingdom
06,440,000. Germany
05,535,000. France
04,870,000. Italy
04,460,000. Canada
03,070,000. Australia
02,545,000. Netherlands
02,350,000. Spain
02,270,000. South Korea
02,240,000. Switzerland
02,230,000. Taiwan
01,415,000. Brazil
01,360,000. Belgium
01,315,000. India
01,300,000. Sweden
01,095,000. Mexico
00,830,000. Denmark
00,675,000. Austria
00,645,000. Israel
00,635,000. Singapore
00,620,000. Russia
00,555,000. South Africa

California is probably richer than China and Japan, and Arkansas is richer than Russia!
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