Gross Domestic Product (GDP) is a convenient way of measuring and comparing the size of national economies. Annual GDP represents the market value of all goods and services produced within a country in a year. Although the economies of countries like China and India are growing at an incredible rate, the US remains the nation with the highest GDP in the world.
The creator of this map has had the interesting idea to break down that gigantic US GDP into the GDPs of individual states, and compare those to other countries' GDP. What follows, is this slightly misleading map – misleading, because the economies both of the US states and of the countries they are compared with are not weighted for their respective populations.
1 comment(s):
Interesting idea, but old data they're using: I live in Romania, est. 2007 GDP $229.9 billion, which is quoted with $79 billion there. Romania is an emergent market (therefore growing fast), but even so, their data must be at least three to five years out of date.
Post a Comment