Country comparisons

Question:

TOP 25 Countries Real Growth Rate 1. Turkmenistan 21.10 % 2. Equatorial Guinea 20.00 % 3. East Timor 18.00 % 4. Armenia 12.90 % 5. Liechtenstein 11.00 % 6. Azerbaijan 10.60 % 7. Rwanda 9.70 % 8. Kazakhstan 9.50 % 9.  Macau 9.50 % 10. Angola 9.40 % 11. Tajikistan 9.10 % 12. China 8.00 % 13. Turkey 7.80 % 14. Bhutan 7.70 % 15.  Mozambique 7.70 % 16. Iran 7.60 % 17. San Marino 7.50 % 18. Chad 7.40 % 19. Albania 7.30 % 20. Vietnam 7.00 % 21. Ireland 6.90 % 22. Lithuania 6.70 % 23. Sierra Leone 6.60 % 24. Moldova 6.50 % 25. Korea, South 6.30 % TOP 25 Countries per capita purchasing power 1. Luxembourg 48,900 $ 2. United States 36,300 $ 3. Bermuda 35,200 $ 4. Cayman Islands 35,000 $ 5. San Marino 34,600 $ 6. Norway 33,000 $ 7. Switzerland 32,000 $ 8. Iceland 30,200 $ 9. Canada 29,300 $ 10.  Ireland 29,300 $ 11. Belgium 29,200 $ 12. Denmark 28,900 $ 13. Japan 28,700 $ 14. Aruba 28,000 $ 15. Austria 27,900 $ 16. Hong Kong 27,200 $ 17.  Netherlands 27,200 $ 18. Monaco 27,000 $ 19. Australia 26,900 $ 20. Germany 26,200 $ 21. France 26,000 $ 22.  Sweden 26,000 $ 23. Finland 25,800 $ 24. United Kingdom 25,500 $ 25. Singapore 25,200 $ Number of Televisions 1. China 400,000,000 2. United States 219,000,000 3. Japan 86,500,000 4. India 63,000,000 5. Russia 60,500,000 6. Germany 51,400,000 7. Brazil 36,500,000 8. France 34,800,000 9. United Kingdom 30,500,000 10. Italy 30,300,000 11. Mexico 25,600,000 12. Canada 21,500,000 13. Turkey 20,900,000 14. Ukraine 18,050,000 15. Spain 16,200,000 16. Korea, South 15,900,000 17. Thailand 15,190,000 18. Indonesia 13,750,000 19. Poland 13,050,000 20. Malaysia 10,800,000 21. Australia 10,150,000 22. Taiwan 8,800,000 23. Netherlands 8,100,000 24. Argentina 7,950,000 25. Egypt 7,700 Military Expenditures as percent of GDP 1. Korea, North 33.90 % 2. Mali 15.00 % 3. Saudi Arabia 13.00 % 4. Ethiopia 12.60 % 5. Oman 12.20 % 6. Eritrea 12.00 % 7. Qatar 10.00 % 8. Israel 8.75 % 9. Jordan 8.60 % 10  Maldives 8.60 % 11. Afghanistan 7.70 % 12. Bahrain 6.70 % 13. Armenia 6.50 % 14. Macedonia, The Former Yugoslav Republic of 6.00 % 15. Syria 5.90 % 16. Kuwait 5.50 % 17. Angola 5.40 % 18. Burundi 5.30 % 19.  New Caledonia 5.30 % 20. Yemen 5.20 % 21. Brunei 5.00 % 22. Greece 4.91 % 23. Singapore 4.90 % 24. Lebanon 4.80 % 25. Swaziland 4.75 % 26. Congo, Democratic Republic of the 4.60 % 27.  Pakistan 4.60 % 28. Bosnia and Herzegovina 4.50 % 29.  Turkey 4.50 % 30. Djibouti 4.40 % 31. China 4.30 % 32. Laos 4.20 % 33.  Sri Lanka 4.20 % 34. Algeria 4.10 % 35.  Egypt 4.10 % 36. Cuba 4.00 % 37.  Morocco 4.00 % 38. Libya 3.90 % 39.  Tajikistan 3.90 % 40. Cyprus 3.80 % 41. Mauritania 3.70 % 42. Botswana 3.50 % 43. Colombia 3.40 % 44.  Ecuador 3.40 % 45. Turkmenistan 3.40 % 46. Guinea 3.30 % 47. United States 3.20 % all from http://www.geographyiq.com

Response:

Define the amount of time sampled.

– Hide quoted text — Show quoted text -> TOP 25 Countries Real Growth Rate > 1. Turkmenistan 21.10 % > 2. Equatorial Guinea 20.00 % > 3. East Timor 18.00 % > 4. Armenia 12.90 % > 5. Liechtenstein 11.00 % > 6. Azerbaijan 10.60 % > 7. Rwanda 9.70 % > 8. Kazakhstan 9.50 % > 9.  Macau 9.50 % > 10. Angola 9.40 % > 11. Tajikistan 9.10 % > 12. China 8.00 % > 13. Turkey 7.80 % > 14. Bhutan 7.70 % > 15.  Mozambique 7.70 % > 16. Iran 7.60 % > 17. San Marino 7.50 % > 18. Chad 7.40 % > 19. Albania 7.30 % > 20. Vietnam 7.00 % > 21. Ireland 6.90 % > 22. Lithuania 6.70 % > 23. Sierra Leone 6.60 % > 24. Moldova 6.50 % > 25. Korea, South 6.30 % > TOP 25 Countries per capita purchasing power > 1. Luxembourg 48,900 $ > 2. United States 36,300 $ > 3. Bermuda 35,200 $ > 4. Cayman Islands 35,000 $ > 5. San Marino 34,600 $ > 6. Norway 33,000 $ > 7. Switzerland 32,000 $ > 8. Iceland 30,200 $ > 9. Canada 29,300 $ > 10.  Ireland 29,300 $ > 11. Belgium 29,200 $ > 12. Denmark 28,900 $ > 13. Japan 28,700 $ > 14. Aruba 28,000 $ > 15. Austria 27,900 $ > 16. Hong Kong 27,200 $ > 17.  Netherlands 27,200 $ > 18. Monaco 27,000 $ > 19. Australia 26,900 $ > 20. Germany 26,200 $ > 21. France 26,000 $ > 22.  Sweden 26,000 $ > 23. Finland 25,800 $ > 24. United Kingdom 25,500 $ > 25. Singapore 25,200 $ > Number of Televisions > 1. China 400,000,000 > 2. United States 219,000,000 > 3. Japan 86,500,000 > 4. India 63,000,000 > 5. Russia 60,500,000 > 6. Germany 51,400,000 > 7. Brazil 36,500,000 > 8. France 34,800,000 > 9. United Kingdom 30,500,000 > 10. Italy 30,300,000 > 11. Mexico 25,600,000 > 12. Canada 21,500,000 > 13. Turkey 20,900,000 > 14. Ukraine 18,050,000 > 15. Spain 16,200,000 > 16. Korea, South 15,900,000 > 17. Thailand 15,190,000 > 18. Indonesia 13,750,000 > 19. Poland 13,050,000 > 20. Malaysia 10,800,000 > 21. Australia 10,150,000 > 22. Taiwan 8,800,000 > 23. Netherlands 8,100,000 > 24. Argentina 7,950,000 > 25. Egypt 7,700 > Military Expenditures as percent of GDP > 1. Korea, North 33.90 % > 2. Mali 15.00 % > 3. Saudi Arabia 13.00 % > 4. Ethiopia 12.60 % > 5. Oman 12.20 % > 6. Eritrea 12.00 % > 7. Qatar 10.00 % > 8. Israel 8.75 % > 9. Jordan 8.60 % > 10  Maldives 8.60 % > 11. Afghanistan 7.70 % > 12. Bahrain 6.70 % > 13. Armenia 6.50 % > 14. Macedonia, The Former Yugoslav Republic of 6.00 % > 15. Syria 5.90 % > 16. Kuwait 5.50 % > 17. Angola 5.40 % > 18. Burundi 5.30 % > 19.  New Caledonia 5.30 % > 20. Yemen 5.20 % > 21. Brunei 5.00 % > 22. Greece 4.91 % > 23. Singapore 4.90 % > 24. Lebanon 4.80 % > 25. Swaziland 4.75 % > 26. Congo, Democratic Republic of the 4.60 % > 27.  Pakistan 4.60 % > 28. Bosnia and Herzegovina 4.50 % > 29.  Turkey 4.50 % > 30. Djibouti 4.40 % > 31. China 4.30 % > 32. Laos 4.20 % > 33.  Sri Lanka 4.20 % > 34. Algeria 4.10 % > 35.  Egypt 4.10 % > 36. Cuba 4.00 % > 37.  Morocco 4.00 % > 38. Libya 3.90 % > 39.  Tajikistan 3.90 % > 40. Cyprus 3.80 % > 41. Mauritania 3.70 % > 42. Botswana 3.50 % > 43. Colombia 3.40 % > 44.  Ecuador 3.40 % > 45. Turkmenistan 3.40 % > 46. Guinea 3.30 % > 47. United States 3.20 % > all from http://www.geographyiq.com

Response:

- Hide quoted text — Show quoted text – > TOP 25 Countries Real Growth Rate > 1. Turkmenistan 21.10 % > 2. Equatorial Guinea 20.00 % > 3. East Timor 18.00 % > 4. Armenia 12.90 % > 5. Liechtenstein 11.00 % > 6. Azerbaijan 10.60 % > 7. Rwanda 9.70 % > 8. Kazakhstan 9.50 % > 9.  Macau 9.50 % > 10. Angola 9.40 % > 11. Tajikistan 9.10 % > 12. China 8.00 % > 13. Turkey 7.80 % > 14. Bhutan 7.70 % > 15.  Mozambique 7.70 % > 16. Iran 7.60 % > 17. San Marino 7.50 % > 18. Chad 7.40 % > 19. Albania 7.30 % > 20. Vietnam 7.00 % > 21. Ireland 6.90 % > 22. Lithuania 6.70 % > 23. Sierra Leone 6.60 % > 24. Moldova 6.50 % > 25. Korea, South 6.30 % > TOP 25 Countries per capita purchasing power > 1. Luxembourg 48,900 $ > 2. United States 36,300 $ > 3. Bermuda 35,200 $ > 4. Cayman Islands 35,000 $ > 5. San Marino 34,600 $ > 6. Norway 33,000 $ > 7. Switzerland 32,000 $ > 8. Iceland 30,200 $ > 9. Canada 29,300 $ > 10.  Ireland 29,300 $ > 11. Belgium 29,200 $ > 12. Denmark 28,900 $ > 13. Japan 28,700 $ > 14. Aruba 28,000 $ > 15. Austria 27,900 $ > 16. Hong Kong 27,200 $ > 17.  Netherlands 27,200 $ > 18. Monaco 27,000 $ > 19. Australia 26,900 $ > 20. Germany 26,200 $ > 21. France 26,000 $ > 22.  Sweden 26,000 $ > 23. Finland 25,800 $ > 24. United Kingdom 25,500 $ > 25. Singapore 25,200 $ > Number of Televisions > 1. China 400,000,000 > 2. United States 219,000,000 > 3. Japan 86,500,000 > 4. India 63,000,000 > 5. Russia 60,500,000 > 6. Germany 51,400,000 > 7. Brazil 36,500,000 > 8. France 34,800,000 > 9. United Kingdom 30,500,000 > 10. Italy 30,300,000 > 11. Mexico 25,600,000 > 12. Canada 21,500,000 > 13. Turkey 20,900,000 > 14. Ukraine 18,050,000 > 15. Spain 16,200,000 > 16. Korea, South 15,900,000 > 17. Thailand 15,190,000 > 18. Indonesia 13,750,000 > 19. Poland 13,050,000 > 20. Malaysia 10,800,000 > 21. Australia 10,150,000 > 22. Taiwan 8,800,000 > 23. Netherlands 8,100,000 > 24. Argentina 7,950,000 > 25. Egypt 7,700 > Military Expenditures as percent of GDP > 1. Korea, North 33.90 % > 2. Mali 15.00 % > 3. Saudi Arabia 13.00 % > 4. Ethiopia 12.60 % > 5. Oman 12.20 % > 6. Eritrea 12.00 % > 7. Qatar 10.00 % > 8. Israel 8.75 % > 9. Jordan 8.60 % > 10  Maldives 8.60 % > 11. Afghanistan 7.70 % > 12. Bahrain 6.70 % > 13. Armenia 6.50 % > 14. Macedonia, The Former Yugoslav Republic of 6.00 % > 15. Syria 5.90 % > 16. Kuwait 5.50 % > 17. Angola 5.40 % > 18. Burundi 5.30 % > 19.  New Caledonia 5.30 % > 20. Yemen 5.20 % > 21. Brunei 5.00 % > 22. Greece 4.91 % > 23. Singapore 4.90 % > 24. Lebanon 4.80 % > 25. Swaziland 4.75 % > 26. Congo, Democratic Republic of the 4.60 % > 27.  Pakistan 4.60 % > 28. Bosnia and Herzegovina 4.50 % > 29.  Turkey 4.50 % > 30. Djibouti 4.40 % > 31. China 4.30 % > 32. Laos 4.20 % > 33.  Sri Lanka 4.20 % > 34. Algeria 4.10 % > 35.  Egypt 4.10 % > 36. Cuba 4.00 % > 37.  Morocco 4.00 % > 38. Libya 3.90 % > 39.  Tajikistan 3.90 % > 40. Cyprus 3.80 % > 41. Mauritania 3.70 % > 42. Botswana 3.50 % > 43. Colombia 3.40 % > 44.  Ecuador 3.40 % > 45. Turkmenistan 3.40 % > 46. Guinea 3.30 % > 47. United States 3.20 % > all from http://www.geographyiq.com

Bloody Hell…! ! ! ! ! ! ! ! ! ! The USA is freakin dead LAST on that list….! ! ! ! ! That, folks, is what statistics is all about..! ! ! In the words of that relief guy… "The USA is *stingy* in it’s military expenditures..!!" And what percent of GDP is the war in IRAQ..??  compared to other conflicts..??? Everyone might notice the "per capita purchasing power" list… notice where the European nations are… ? ? ?  OOooooooo….  could that be the "cost of social medicine"… ? ? ? ?  Or is it related to the productivity numbers… ? ?   or the reduction in the work-week… ? ? gtski

Response:

> Bloody Hell…! ! ! ! ! ! ! ! ! ! > The USA is freakin dead LAST on that list….! ! ! ! ! > That, folks, is what statistics is all about..! ! ! > In the words of that relief guy… "The USA is *stingy* in it’s > military expenditures..!!"

Last of the top 30, yes.. > And what percent of GDP is the war in IRAQ..??  compared to other > conflicts..??? > Everyone might notice the "per capita purchasing power" list… notice > where the European nations are… ? ? ?  OOooooooo….  could that be > the "cost of social medicine"… ? ? ? ?  Or is it related to the > productivity numbers… ? ?   or the reduction in the work-week… ? ?

It means social security, welfare and soforth are already paid for EVERYONE, not just the ones who can afford private hospital care, which means the money you actually have is worth more my 2 cents /Johan

Response:

> The USA is freakin dead LAST on that list….! ! ! ! ! > That, folks, is what statistics is all about..! ! ! > In the words of that relief guy… "The USA is *stingy* in it’s military > expenditures..!!"

What you didn`t get is that for the most part, those are 3rd world countries. You didn`t see any industrialized countries on the list did you? I doubt that you saw any countries that you would rather live in either. I sure didn`t see any with Social Security, or anything like that. I also wouldn`t want to get sick in many of those places either. The Europeans will ALL be WAY BELOW us on military expenditures since we`ve been defending them for the last 60 years. See ya, John

Response:

that’s why you have to think when presented with numbers. What is 3% of our GDP equivalent to in $$? then compare that with Korea at 33% of GDP. Obviously the US speeds way more than Korea, more than most of the world together. Why? because our 3% of our GDP is still more money than the reat of the world has togehter. So think now about percetages. Seems like some of you don’t understand how percents work. That’s why I posted this, to get you to think. What it really shows is which countries devote the highest percent of their GDP to deense (or offense) . Make some off the cuff generalizations wbout the countries on the top of this list? For one thing if they are spending 33% on defense, then one wonders what they buy with the rest. How is it allocated?  Dope made some good points and so did gtski. You can’t compare apple to oranges as many of you frequently do. Statistics only give you a framework to think about what is in front of you as anyone who owns their own business should know, or do none of you use ratios to evaluation your costs? Mr. Sousa asked the best starter question – I don’t know. I’d guess these figures are from annual reports. Look on the web page.

Response:

so third world countries spend a higher percentage of their GDP on military expeditures than first world?  Why is that?  Why don’t you consider Korea an industrialized country?

Response:

just because it says that United States per capita perchasing power is 36,300 $, doesn’t mean that each one of us has $36,000 to spend. That figure is merely the GDP divided by the population. Since the top 10% of the US population has more that 50% of the $$$, the lower 90% have much less per capital to spend. That helps explain the US poverty figures.  GDP/capita is a simple average of output divided by number of people. So it does not say anything about the distribution of national income between rich and poor. What we can say is that GDP/capita provides a rough estimate of average national productivity and national productivity sets bounds on average living standards. Purchasing Power Parity (PPP): . To compare economic statistics across countries, the data must first be converted into a common currency. Unlike conventional exchange rates, PPP rates of exchange allow this conversion to take account of price differences between countries. Recently purchasing power parity exchange rates have been calculated comparing the cost of a common basket of commodities in every country. By eliminating differences in national price levels, the method facilitates comparisons of real values for income, poverty, inequality and expenditure patterns. If the income is unevenly distributed, then increases in the GDP per capita may disproportionately benefit a small group of high income earners and have little impact on reducing poverty. If GDP per capita data is to be used then its distribution must also be taken into account. The Gini Coefficient is used to measure how evenly income is distributed. The closer the Gini coefficient is to 100% the more uneven the income distribution. Zambia 49.8 Netherlands 32.6 UK 36.1 Japan 24.9 USA 40.8 Global income inequality is probably greater than it has ever been in human history. There is some debate about whether it is getting worse or getting better. Currently, the richest 1% of people in the world receives as much as the bottom 57%. The ratio between the average income of the top 5% in the world to the bottom 5% increased from 78 to 1 in 1988 to 114 to 1 in 1993. Today 1.6 billion people or 26 % of the world’s population do not have access to electricity.

Response:

> so third world countries spend a higher percentage of their GDP on > military expeditures than first world?  Why is that?  

Zoot, WTF..??  To keep thier corrupt leaders in power . . ? ? ? > Why don’t you consider Korea an industrialized country?

Is it . . ? ! ? ! ? ! They can’t even FEED themselves, so maybe they "aren’t" an aggrarian economy.. ? ? ?  What exactly DO they "produce".. ? ?   Why do they need massive food aid.. ? ? Come on Zoots… gtski

Response:

Perhaps we have a little misunderstanding. There is no country called Korea. North Korea is lead by hard core communist nutjobs. The South Koreans generally use the term "Han’guk" to refer to their country. When I say Korea, I usually mean South Korea. Since I am an American and my father fought in the Korean War, I usually take Korea to mean South Korea. NORTH Korea had a five year famine, SOUTH Korea exports Kia’s to the US. They used to make all Nikes until China opened it’s door to shoe manufacturing. South Korea owns the Samsung plant in Austin, Texas. With Samsung Electric and LG Innotek announcing their collaboration last year, Korea’s high-brightness (HB) LED industry seems to have good prospects. Both HB-LED chip and applications markets are thriving, while the market volume and the number of manufacturing players are increasing. Korea made the first desktop machines with rewritable CD (CD-RW) storage drives. Daewoo Communications Co will released the first 24x speed CD-RW machines in March 15, 1999 IBM Corp, Trigem Computer Inc and Samsung Electronics Co are expected to follow suit later in the year. >From CIA World Factbook:

Since the early 1960s, South Korea has achieved an incredible record of growth and integration into the high-tech modern world economy. Four decades ago GDP per capita was comparable with levels in the poorer countries of Africa and Asia. Today its GDP per capita is 18 times North Korea’s and equal to the lesser economies of the European Union. This success through the late 1980s was achieved by a system of close government/business ties, including directed credit, import restrictions, sponsorship of specific industries, and a strong labor effort. The government promoted the import of raw materials and technology at the expense of consumer goods and encouraged savings and investment over consumption. The Asian financial crisis of 1997-99 exposed longstanding weaknesses in South Korea’s development model, including high debt/equity ratios, massive foreign borrowing, and an undisciplined financial sector. Growth plunged to a negative 6.6% in 1998, then strongly recovered to 10.8% in 1999 and 9.2% in 2000. Growth fell back to 3.3% in 2001 because of the slowing global economy, falling exports, and the perception that much-needed corporate and financial reforms had stalled. Led by consumer spending and exports, growth in 2002 was an impressive 6.2%, despite anemic global growth, followed by moderate 2.8% growth in 2003. In 2003 the National Assembly approved legislation reducing the six-day work week to five days. GDP: purchasing power parity – $857.8 billion (2004 est.) GDP – real growth rate:    3.1% (2004 est.) GDP – per capita:    purchasing power parity – $17,800 (2004 est.) GDP – composition by sector: agriculture: 3.6% industry: 36.4% services: 60% (2004 est.) Investment (gross fixed): 29.6% of GDP (2004 est.) Population below poverty line: 4% (2001 est.) Household income or consumption by percentage share: lowest 10%: 2.9% highest 10%: 22.5% (1999 est.) Distribution of family income – Gini index:   31.6 (1993) Inflation rate (consumer prices):    3.6% (2004 est.) Labor force:    22.92 million (2004 est.) Labor force – by occupation: agriculture 8.8%, industry 19.1%, services 72.1% (2001) Unemployment rate: 3.4% (2004 est.) Budget:   revenues: $135.5 billion expenditures: $128.7 billion, including capital expenditures of $23.5 billion (2004 est.) Public debt:    13.8% of GDP (2004 est.) Agriculture – products: rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish Industries: electronics, telecommunications, automobile production, chemicals, shipbuilding, steel Industrial production growth rate:    5.1% (2004 est.) more on Samsung SEOUL, Dec 28 Asia Pulse – Samsung Group, South Korea’s largest conglomerate, said Tuesday it will increase its investment to 21.2 trillion won (US$20.3 billion) next year, up 15.2 per cent from this year, a senior Samsung official said Tuesday. In a press conference in Seoul, Samsung Group vice chairman Lee Hak-soo, said the leading conglomerate aims to boost capital spending and investment in research and development in 2005 to bolster its businesses. The group’s 2005 investment plan comprises 13.9 trillion won for facility investments and 7.3 trillion won for spending in research & development activities. Meanwhile, its sales for this year has been estimated at 135.5 trillion won, up 12.4 per cent from a year ago, with its exports up 38 per cent year-on-year to 527 trillion won. Samsung Austin Semiconductor is one of the most advanced semiconductor plants in the United States. In May 2003, Samsung Electronics announced to the world a three-year, $500 million investment to expand and upgrade our facility. In July 2004, we broke ground on the second expansion of our memory chip fabrication plant. The 34,000 square foot expansion of Samsung Austin Semiconductor’s manufacturing area is part of a succession of investments that will equip the Austin plant for next-generation advanced semiconductor fabrication technology. Samsung’s three-year investment plan of $500 million will upgrade, expand, and increase capacity to produce nano-scale semiconductor memory technology. However, this latest investment isn’t only directed at cutting edge equipment and facilities, it’s also proof of our continuing investment in our most valuable asset – our people. We know it is our people who differentiate us from the global competition. SAS hires individuals who mirror the speed and accuracy necessary to be successful in our industry. Through dynamic and intelligent teams of employees, we move fast, think big, and value every single employee’s contribution. Samsung Austin Semiconductor is proud to call Austin, Texas our home. Our employees participate fully in the community — a community that is noted for greenbelts, rolling hills, and sparkling lakes; a world-class university; top-notch restaurants; and the "Live Music Capital of the World". Samsung Austin Semiconductor adds global significance to the Austin community – and we believe in building a prosperous relationship with our neighbors and employees through initiatives that enrich the lives of all citizens. Yuppers, they are a real backwater, those southern Koreans.

Response:

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