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48 Comments
Now compare inequality adjusted HDI 😀
[deleted]
If you say California has more nominal GDP than Switzerland, I agree. If you say California as a whole is richer than Switzerland…..
Is California to scale on that map?
So if California becomes a separate state it would become worlds 4th biggest economy
Is it possible that you have no concept of how unbeatable California’s GDP numbers are? Tokyo’s GDP per capita is about the same as a random inland California agricultural county with over half the population of Mexico. California has surpassed Germany and Japan consecutively over the past 2 years, and is newly ranked as the world’s third largest economy behind the US and China, relying on a mere 40 million people. Excluding resource mining countries like Kuwait and Qatar, and tax havens like Ireland and Luxembourg that are purely computer monitors boringly brushing up on data, California should be considered the ultimate pinnacle of GDP per capita on the planet right now that relies on actual industry for manufacturing. No need to put LA in there, 8 million people in the greater Bay Area have a total nominal GDP that is higher than the whole of Canada, South Korea, Australia, Spain, and Brazil all by itself.
US GDP per capita in 2005 was 70% of Western and Southwestern Europe now it’s 150% and still on its way to 200% . The issue now is no longer US vs Europe, US vs Germany, but California vs Europe, California vs Germany. Or even Bay Area vs German, etc. In all the years that Europe’s economy has been backsliding in size, it’s not so much that something has gone seriously wrong in Europe that has caused it to degrade itself as much as it would have if Europe hadn’t had California’s position as a global tech hub, and ended up being reduced to the point of being left defenseless and losing services and tech to California’s dumping of services and tech to a complete loss of growth that was nothing more than to be expected. California’s locational advantage is too great, the Bay Area’s locational advantage is too great, and it’s not just Europe that loses out in front of this advantage, now only China, which is pooled out of another world-scale economy in the high wall, can barely compete with it, and other countries such as Japan are just a matter of time before they die sooner or later than Europe on this issue.
So Europe being overtaken by California is not only a tragedy for Europe, it is a tragedy for the world. If neoliberalism continues to develop, then with the further concentration of the Matthew effect of growth, what will happen next will not only be a great leap forward in California’s economic data, but also a great leap forward in the Bay Area and a great leap forward in Silicon Valley. And at the same time, efficient market allocation will lead to a situation where not only developed countries like Japan and the UK, but also inside the US, inside California, inside San Francisco, will be filled with trapped workers who have no credible hope of real growth. This is the kind of wonderful world that the rich few love, where ‘you can drive around without running into a homeless person’, ‘you can live in a rich neighbourhood and be safe’, ‘you can go to the member’s supermarket and not have to queue up with the crazies.’ What do you think of such a future picture? Europe has long embraced the great ideals of social democracy, equality, and community, building beautiful cities and equal communities. People may not like capitalised bad city planning, people living apart because of income and clan, or being a bum because of one bad investment, but sadly up to now this economic system has really been the most efficient, agile and powerful. The rest of the world will either embrace it or fall into utter poverty under its onslaught.
TIL Germany’s GDP is 2.2 times that of the much larger country of Russia.
California really out here flexing on entire nations like it’s just another Tuesday.
“Poorer” is not the right word when we’re talking about nominal GDP. I would say “a smaller economy” because I don’t think that Luxembourg is poorer than any US state. This country is just smaller and has smaller population so nominal GDP is smaller. That’s it.
What’s the point to compare if it’s not adjusted per capita
Time for Cascadia.
Higher GDP ≠ richer
California has a debt of $520B, the most if any US state
https://www.datapandas.org/ranking/debt-by-state
Tbf a lot of California’s pull is their proximity and infrastructure for imports from Asia. iirc ports of Long Beach and Los Angeles are two of the largest in world and USA
GDP measures the wealth of companies, and perhaps the billionaires that own them.
Gini index measures how equally wealth is distributed. Unsurprisingly California beats precisely zero EU countries on this measure.
However, California with a Gini index score of 49 does beat Mozambique, Namibia, South Africa, Zambia and Zimbabwe: https://data.worldbank.org/indicator/SI.POV.GINI
DEUTSCHLAND
Now do the same map with PPP
India has a much larger economy than Norway but I wouldn’t call it richer. That word works better with GDP per capita.
Suck on that, EuroPoors
R/shitmap
nominal gdp is so misleading lol
Why is Europe economically weaker than the United States? This is a huge tragedy.
The dollar sign goes in front of the number
GDP is such a shit metric anyway.
But they are in debt and can’t balance their budget.
“Richer” is a terrible term.
Once again nominal GDP is largely based of currency exchange rate. Euro has been weak against the USD for many years
Comparing a state to a country like this is overly simplistic.
California benefits from being part of the largest market in the world.
– They don’t have to worry about a foreign policy or trade policy. No internal trade barriers and tariffs
– They capture skilled labor and capital from the rest of the nation.
– They are a large state that takes up most of the West Coast. Combine a few states on the East and you’ll get similar GDP numbers
–
I didn’t know the World Bank was deep in the Black Sea. Cool map!
Fun fact Sweden and Cali are similar in size. Sweden is a little larger however Sweden has a population of ca 10.5 million while California has a population of ca 39 million which would make it the 9th most populous country in Europe as well as the most populous state by quite a bit Texas at number two has a population of ca 30.5 million. California is also the third biggest state by area. Just to put this in a bit more of a perspective.
Someone explain to me. How is Switzerland poorer than California but is considered one of the richest countries in the world? Doesn’t the Franc have more value?
Is this mapporncirclejerk?
California also produces more food than any other US state
There are nearly 40 million people in California and most of the Tech industry, not to mention probably another 10 million unregistered ? Comparing that to most European countries which are substantially smaller in population, is a bit silly but fun nevertheless
So, where’s the “per capita” map that would actually show richer or poorer?
Let’s see this map after next year, full expect it crash because of the Old Orange ..
We coming after you Deutschland 💪 🐻
And I’d wager all of them have greater income equality than CA.
here’s the key data:
As of July 2023, California’s population was estimated to be 38,965,193.
As of the end of 2022, Germany’s population was 84.4 million.
Per capita GDP is off the chart.
Interesting
Clearly a failed state. Cry a river conservatives.
The UK and France having smaller GDPs is really suprising
Also GDP does not mean richer, it means how big the economy is. Monaco and Luxembourg have really small GDPs compared to California but the average income of their citizens is much higher than in California
Wow the source of the world bank is in the Black Sea. Fascinating
Germany is impressive
This map is also full of errors, like California’s real gdp are 3,2 trillion (3,248,656 billion dollars) compared to Germany’s is 4,45 Trillion. So Cali has slightly more than France’s 3 trillion
Now do more/less homeless people than California
Nom nom nominal GDP
In a sad turn of events, this no longer be the case
And California still has more homeless than all of them combined lmak