Scale of US economy versus other countries

eskbanker

Quite a thought-provoking map, in the context of discussions on here about geographical market weightings:

http://www.aei.org/publication/putting-americas-enormous-20-5t-economy-into-perspective-by-comparing-us-state-gdps-to-entire-countries-2/ highlights the scale of California, Texas, New York and Florida in particular, in only a mildly self-aggrandising way....

ChesterDog

Poland is in there twice, while France and Germany aren't there at all.

Interesting nevertheless, if only for putting the UK economy into perspective.

eskbanker

ChesterDog wrote: »

Poland is in there twice

Yes, because two US states have similar GDPs to Poland! Greece is also shown twice for the same reason.

ChesterDog wrote: »

France and Germany aren't there at all.

The article clarifies that France's GDP is very slightly below the UK's and so (because Texas's GDP is significantly smaller than California's) there isn't another US state comparable to France. Likewise Germany, as with China and Japan, has a higher GDP than any individual US state, so there isn't a state that can be equated to it in this style of presentation.

ChesterDog wrote: »

Interesting nevertheless, if only for putting the UK economy into perspective.

Indeed, a sobering thought, as is the observation that the UK has a 75% larger workforce than California to generate the same GDP, although I'm not sure I'd necessarily go along with the gushing and self-serving "That’s a testament to the superior, world-class productivity of the American worker"!