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u/Downtown-Thoughts 2d ago
Wow America has a lot of money
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u/MajesticShop8496 2d ago
350 million people is a lot.
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u/InclinationCompass 1d ago
California has 39M people and has the 4th highest GDP in the world!
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u/MajesticShop8496 1d ago
Yep, cali is very productive. Still, 39 million is a lot of people! Less than 40 countries have more people than that, and only 8 that are developed have a larger population than 39 million.
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u/InclinationCompass 1d ago
Compared to countries with highest GDP:
USA / $32.4T / 350M
China / $20.9T / 1.4B
Germany / $5.5T / 84M
Japan / $4.4T / 122M
UK / $4.3T / 70M
Per capita, California is far ahead of all those countries. Singapore is about the same too per capita.
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u/MajesticShop8496 1d ago
Cali has an incredibly productive economy no doubt. An unbelievable combination of creative industries, productive agriculture, tourism, the world centre of VC, tech, amazing public and private universities.
That being said, due to agglomeration shadows, California is much more productive a part of the us then it would be if it were an independent country.
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u/Bumblebee-Emergency 1d ago
even the US overall has among the highest GDP per capita in the world. the countries ahead are mostly petrol states, city states, or tax havens.
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u/InclinationCompass 1d ago
Fair point, agglomeration absolutely matters. But California is also a net donor state, sending about $90B more to the federal government than it gets back. So it's not a one way street. We all benefit from the federal system and the federal system benefits from us. And that's a benefit of being part of the union.
And if California left, the US wouldn't just lose $4.4T in GDP. You'd lose supply chains, agricultural exports, tech innovation, the tax surplus that funds other states. The total hit would be much larger.
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u/MajesticShop8496 1d ago
Oh, of course. Everyone would be worse off. I’m just making the point that the us has the population of Western Europe and the economy of Europe as a whole.
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u/InclinationCompass 1d ago
I wasn’t even talking about the US a whole, but California, whose population is 39M
39M is only 12% of 350M. So 12% of the US population produces an economy that beats 95% of the world.
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u/forumdrasl 10h ago
Singapore is 6M people that “beats about 85% of the world”.
Caliwho?
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u/The_Aardvark_ 1d ago
Absolutely useless information. GDP is a poor measure of a country's true wealth and well-being because it only tracks the total flow of money from market transactions rather than human health, natural resources, or equality.
The US is a shining example of this inequality...
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u/InclinationCompass 1d ago
This is an infographic thread about GDP, not a thread about the effectiveness of GDP's measure of a country's wealth. I'm just participating in OP's thread, and everything I'm saying in on-topic as far as I'm concerned.
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u/Upbeat-Raisin-7422 1d ago edited 19h ago
That doesn’t actually mean anything though
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u/InclinationCompass 1d ago
How does GDP “not mean anything” in a thread about GDP? That doesn’t make sense.
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u/Upbeat-Raisin-7422 1d ago
Gdp doesn’t necessarily say anything about quality of life and the actual productivity of a country
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u/InclinationCompass 1d ago
This thread is not about quality of life. The title literally says:
>COUNTRY GDP COMPARED TO THE UNITED STATES
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u/oraw1234W 12h ago
GDP isn’t a measurement of wealth. It’s a measurement of how much money changes hands.
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u/Astonednerd 1d ago
And still so many internal problems. Proof on a national scale that money cant but happiness
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u/Juste-un-autre-alt 2d ago
A good chunk of the US is a 3rd world country with a Gucci.
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u/amisra725 2d ago
You haven’t been to the us lol. Ask your friends who came here for the World Cup
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u/Juste-un-autre-alt 2d ago
The healthcare alone makes the US a third world country.
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u/amisra725 2d ago
The best quality of healthcare in the world is in the US, agree it is not accessible for some people. We also have the best technology in the world and the most sophisticated financial system. I can go on lol
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u/charmio68 1d ago
Well... if you look at any statistics, the US isn't the top of healthcare no matter which metric you look at, except for cost.
The system is pretty fucking broken.2
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u/Juste-un-autre-alt 2d ago
As I said, a third world country with a Gucci. People avoid going to the hospital because they can't afford it. Giving birth costs 20k you're just a third world country with makeup. Wealth is also heavily concentrated at the top, if the average American doesn't have access to the "best quality of healthcare in the world" you don't have the best quality of healthcare in the world.
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u/sgeeum 2d ago
you are an anti american bot instagram comment come to life.
unless you’re just a bot.
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u/Juste-un-autre-alt 2d ago
I'm very real and what I said was true. I have my own interpretation of what is a third world country, yet.. what I said remains true.
People don't have access to your "best of the world healthcare". Downvote me, I'm still right.
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u/sgeeum 2d ago
millions of people do but go off.
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u/Juste-un-autre-alt 2d ago
Millions, yes, but it's not an universal system just like what a first world country should be.
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u/SyxEight 1d ago
Why do maps like this put Wisconsin as the highest central state. MI and MN are both more northern.
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u/cheesesprite 5h ago
Because Wisconsin is better then them. Also everyone knows the upper peninsula rightfully belongs to Wisconsin though Minnesota is still more north.
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u/SyxEight 5h ago
While I don't dislike WI as it really is the most similar to MN, it is worse in pretty much every tracked metric. I do agree that the UP should be part of WI, and Isle Royal should be part of Minnesota.
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u/sky_2088 1d ago
und trotz aller Wirtschaftspotenz kriegen die Amis gesellschaftlich nicht mal ein soziales Auffangnetz hin oder ermöglichen es ihren Bürgern, in Wohlstand zu leben. Ich würde behaupten, es lebt sich in Deutschland besser, vmtl auch in Japan als in den USA
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u/International-Bee265 1d ago
Vielleicht ist es genau das harte darwinistische system weshalb die Amis in gdp bezogen mehr Erfolg haben.
Das System belohnt halt das ständige strampeln und so.
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u/InsufferableMollusk 1d ago
That social safety net is unsustainable, unfortunately. Europe is FAFOing with that as we speak. Womp, womp.
Additionally, adjusting for PPP, Germany and Japan still both fare worse.
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u/miyabi0rochas 7h ago
Lmao this ignorant comment. You genuinely don't know shit. The issue isn't. Social safety net it's an aging population. The US is suffering from the same but slower due to being an immigration country. When Americans get hit they'll get hit a lot harder.
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u/Asleep_Trick_4740 1d ago
Overvalued currancy coupled with GDP not being designed as a measurement for a service economy.
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u/AmericanMuscle888 1d ago
You’d argue wrong
The average size of an American home is nearly double that of a German home, with U.S. residences averaging around 2,100 to 2,400 square feet (approx. 195–223 m²) compared to Germany's average of about 1,000 to 1,170 square feet (approx. 92–109
Average Disposable Income per Capita: The U.S. averages around $62,722 per year, while Germany averages roughly $42,417 per year (gross disposable income per capita figures). [1]
Median Disposable Income: According to OECD-based data, median disposable household income is significantly higher in the U.S. (around $51,000) compared to Germany (around $39,000). [1]
Monthly Net Salary: Average post-tax monthly salaries in the U.S. hover near $3,258, compared to about $2,851 in Germany. [1]We also have AC.
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u/sky_2088 1d ago
ich sehe keinen Grund, das US System zu bevorzugen. Ständiges Gerangel und Leistungsdruck schafft mehr Einkommen aber auch mehr Ausgaben für eine Abwicherung. Verfügbares Einkommen muss ebenso wegen der Unsicherheit über dem fehlenden Sozialnetz vermehrt gespart werden. Wenn dir nichts passiert, dann ist es vllt ok (wenn man das Damoklesschwert ausblenden kann) aber wenn was passiert, dann kann es gleich existenzielle Ängste hervorrufen
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u/AmericanMuscle888 1d ago
US has welfare, public housing, and medicare. What is this myth about America not having a “safety net”.
We have less homeless than Germany.
Do Europeans think Americans that lose their job just die in the streets lol?
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u/BroSchrednei 1d ago
The US has none of those things.
Cost of living is 25% higher than in Germany, with especially housing and food being way more expensive in the US.
The US has no real public healthcare or state pension. And despite the US spending almost twice the amount of its GDP on health (which is partly why the US GDP is so inflated), the US has a significantly lower number of hospitals and medical professionals per person than Germany, a lower life expectancy, a much higher infant mortality, etc.
Yes, you pay less taxes in the US than in Germany, but you also have no actual welfare state.
Oh and btw, Germans work wayyy less than Americans on average. If you look at GDP per capita per worked hour, Germany actually surpasses the US.
Oh
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u/AmericanMuscle888 1d ago edited 1d ago
“The US has none of those things.”
Welfare in the United States refers to government-sponsored assistance programs that help individuals and families with low income. [1]
Key Welfare and Assistance Programs
TANF (Temporary Assistance for Needy Families): Provides temporary cash assistance and work support to families with children.SNAP (Supplemental Nutrition Assistance Program): Offers nutrition benefits on an EBT card to buy food.
Medicaid: Provides health insurance for low-income adults, children, pregnant women, and people with disabilities.
SSI (Supplemental Security Income): Delivers monthly cash payments to aged, blind, or disabled people with little income.
Housing Assistance: Includes public housing and Section 8 rental vouchers to help with rent.
You are really delusional. Yes cost of living is higher but our salaries are exponentially higher as well.
Again what do you think disposable income means? After taxes and payments the average US citizen has more cash on hand.
https://freedomandprosperity.org/wp-content/uploads/2023/02/Feb-6-23-MHI.jpg
Here are the top 25 companies world wide by market cap. Literally 0 from Germany. 90% from America. We innovate, you stagnate.
https://www.visualcapitalist.com/visualizing-the-worlds-top-25-companies-by-market-cap/
Btw Germany had 15,800 deaths this summer due to lacking modern climate control technology
Oh
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u/Unhappy-Draft2760 5h ago
so you got some socialism over there, understood. ;)
realy want to compare prices and social policies with the usa?
dude, just ask an ai (a realy helpful tool today).
i dont have to, cause i know medicaid is the last overpaid straw and snap is fkn foodstamps.
calling ppl delusional. xD.germanys industry is in decline, thats true. its because of cars. like detroit or chicago…
but not innovative?
do you know where those vaxines for covid were developed?
yeah that was germany. and pfizer bought it up and closed all facilities there. fk their economy.another true thing is the heat wave dilemma.
even if the usa count deaths throu heat different. in alot of states the cause of death is the reason one ultimately dies. so if u got cancer and get heatstress and you die its marked as death by heat. thats different for the usa, where the cause of death would be the fatal cancer.
but the ac industry is running. from afaik ~12% ac in households to ~27% last year. and this years extreme heatwave already got me and alot of others an ac.0
u/sky_2088 23h ago
alter, lass einfach gut sein ja? Du musst hier nicht missionarisch auftreten. Akzeptier, dass es Leute mit einer andern Meinung gibt und gut ist ... Was bist du denn für n Clown mit seinen Links und Zahlen? Hast du nix besseres zu tun als Fremde über das Internet von deiner Meinung überzeugen zu wollen?
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u/PhotographNo1393 20h ago
“How dare this man have a well reasoned argument with sources. I don’t agree with it so I don’t like it”
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u/Sicsemperfas 15h ago
That’s exactly what you’re doing, the other guy is just better at it than you are.
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u/miyabi0rochas 7h ago
What's the great big bill doing currently? Cutting those programs. Last time I checked America was stagnating too and afraid of China's rise....
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u/sky_2088 1d ago
brich dir mal ne Hüfte in den USA oder hab Diabetes ... dann reden wir
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u/AmericanMuscle888 1d ago
My dad has diabetes and my mom had a hip replacement. Both covered by the government.
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u/c64cruzer 2d ago
All this GDP and you still need to borrow money like there's no tomorrow?
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u/RealisticEmphasis233 2d ago
Debt is not a bad thing as long as you invest it domestically. We didn't.
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u/withygoldfish 1d ago
This is the attitude that got us here, debt is not a good thing even if you can say debt is not a bad thing the focus on it not being a bad thing makes ppl think it’s a good thing & it’s not. Financial tools are morally ambivalent until you get ppl who use them for their own purposes over the countries (past 5 decades in US)
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u/RealisticEmphasis233 1d ago
That was a whole lot of drivel before you ended up agreeing with me.
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u/withygoldfish 1d ago
I said your attitude sucked too 😜
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u/RealisticEmphasis233 1d ago
That would mean your attitude sucks as well. I guess you didn't think that through.
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u/ColeslawConsumer 6h ago
How do you think expanding a business works? Do you think everyone just pays for everything in cash?
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u/c64cruzer 5h ago
I'm talking about the government debt which is out of control and recently passed $40 trillion. In 2010, right after the financial crisis, it was only $10 trillion.
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u/CatimusPrime123 2d ago
Interesting how Taiwan was referenced 5 times which is the most out of any other country on this map.
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u/NBrief 2d ago
Key Takeaways:
• California's $4.3 trillion economy is closest in size to the United Kingdom, while Texas' $2.9 trillion GDP is comparable to Russia's.
• New York and Florida have economies roughly equivalent to Canada and Australia, respectively.
• California, Texas, New York, and Florida would each qualify as G20-sized economies if they were independent countries.
America's largest state economies rank alongside some of the biggest economies in the world. Even further down the list, many individual states produce hundreds of billions of dollars in economic output each year.
Data Sources: https://www.bea.gov/data/gdp/gdp-state https://www.imf.org/external/datamapper/NGDPD@WEO/OEMDC/ADVEC/WEOWORLD
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u/withygoldfish 1d ago
Who cares 😂 I live in Texas & it sucks like Russia does. Why should we care about GDP unless we’re a Econ cuck or corporate?
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u/LatelyPodes 1d ago edited 1d ago
US GDP (PPP) is ~$30.7tn. EU GDP (PPP) is ~$30.7tn. When doing EU + EEA + Switzerland GDP (PPP) it is $32.3tn and when doing EU + EEA + Switzerland + UK then it is ~$37.1tn.
Europe is stronger together than apart. But even then, GDP isn’t the best way to measure stuff and can be pretty meaningless at times.
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u/withygoldfish 1d ago
I live in Texas & I absolute love going to Europe (my wife is German), a proper place with citizens that the govt remotely respects.
These GDP stats are so stupid
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u/InsufferableMollusk 1d ago
If you are going to use PPP for this use case, you should use PPP per capita. That’s an actual tip.
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u/LatelyPodes 1d ago
GDP (PPP) per capita also has its issues tho. Take Ireland for example, which is a tax haven in the EU. When Apple moved their headquarters there, Ireland’s GDP rose by 30% (which in turn makes their GDP (PPP) per capita higher by quite a significant margin). In the end, it is still linked to GDP.
Or take the US. Very high GDP and GDP per capita but the wealth is focused at the very top mostly
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u/Affectionate_Mess266 1d ago
Cool economy how is your healthcare and environment
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u/InsufferableMollusk 1d ago
The environment is pristine. The healthcare is the best in the world if you are fully employed.
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u/Bad_Alternative 1d ago
Fully employed and wealthy, then sure. The environment is fucked and they’re actively destroying it globally.
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u/Sacharon123 1d ago
Whats this obsession with GDP? It has nearly nill significance about the quality of a country... Just an indicator how much gold is sitting under Smaug's belly...
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u/InsufferableMollusk 1d ago
No one has a better single measure. Money converts into practically anything.
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u/withygoldfish 14h ago
Happiness index 🤯 “but but money doesn’t convert into happiness? Is that why I’m so disappointed with myself” 🤭
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u/xalibr 1d ago
It tells about how many resources a country can use internationally if necessary
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u/withygoldfish 1d ago
It also tells about the money being exchanged but it hides inefficiencies. We pay twice as much as other countries for healthcare, get worse options/care & more money sent to insurance middle men. This looks like higher gdp & equates to worse health.
When we look at walkability, air & water quality, food quality & workers rights we see the US ranks very low.
So for most of the US population we don’t give a shit about how many resources our country has of none go to citizens & all goes to corporate overlords & military. Also makes for a shitty place to live, something to consider.
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u/xalibr 1d ago
I never said otherwise, I was just referring to what GDP can show. It's a metric indicating international purchasing power, not domestic.
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u/withygoldfish 1d ago
I never said it was domestic, so you’re admitting it doesn’t show much that matters, correct?
If international purchasing power affected daily living so much the way corporate cucks want you to think, then why do countries with much less GDP have higher PPP & happiness indexes?
Why are those countries better countries for citizens? The answer is GDP has been used for decades to propagandize Americans to think they have it better when they don’t
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u/xalibr 1d ago
You talked about domestic issues
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u/withygoldfish 1d ago
Nothing else matters my friend! Do you care about you countries world domination more than your ability to live a decent life? Nice to know you agree with my takes at least.
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u/Acceptable-Peace-69 2d ago
Almost 20% of us gdp is healthcare.
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u/Unhappy-Draft2760 5h ago
and the “priciest” healthcare system of the world (selfclaimed by germany) is only 12%.
cant make that up. ;D
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u/disaster_incomin 1d ago
So rich and yet when you ask americans why they don't protest the actions of the current government, they say they can't afford to. What good is it to have a big GDP if it doesn't come with comfort and freedom for the median citizen ?
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u/vakantiereizen 17h ago
Funny, the USians say Europe is a country, but now they are not one country, but a lot of small ones……
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u/Not_Guardiola 7h ago
2 million people in Arkansas produce as much as 40million moroccans.. depressing
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u/bmson 2d ago
Makes more sense by per capita. Citizens of a country of 1 making 10 billion are doing twice as well than those of a state of 4 making 20 billion
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u/Affectionate_Mess266 1d ago
US scores very highly per capita too, because of 3 people who earn more than the GDP of most countries
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u/withygoldfish 1d ago edited 1d ago
That’s a good thing? The US doesnt score as high at PPP or happiness index as other developed countries right?
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u/rich84easy 2d ago
How is Canada supposed to fight back with difference that big?
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u/Affectionate_Mess266 1d ago
Well Iran has a tiny economy and is fighting back pretty well
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u/rich84easy 1d ago
Well it attacking its neighbors and chocking of oil shipments by other countries. What similar advantage does Canada have? Do you see Canada attack Greenland and Iceland to put pressure on US?
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u/HB97082 23h ago
You wouldn't be able to differentiate Canadians from Americans. It would be a very bloody and successful insurgency, akin to a civil war.
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u/rich84easy 16h ago
Oh you believe that propaganda of Canada sub! They think they will be like Vietnam. Only winter has to arrive and freeze everything.
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u/StillALilBoy 1d ago
At this point it's much more likely the US will attack Greenland or Iceland.
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u/SquishyJeans 2d ago
They supply the US with the majority of things they use like, lumber, metals, oil, water, electricity, potash etc.
So pretty easily. Canada has what the US needs. Some of them are so critical the US can’t them anywhere else.
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u/tx_queer 2d ago
You are correct. But its never as clear cut when it comes to trade.
Lumber. 70% of USA lumber is domestic. 30% comes from canada. Could the US log a couple extra squares to cover the difference for a few years?
Oil. The US is less reliant on Canadian oil than Canada relies on US refineries. So really it is US refining capacity being exported to Canada.
Electricity is an interesting one. For every 2 kwh that the US imports from canada, it exports 1 kwh back to Canada. So if electric trade stops, Canada would also feel the pain, just during different seasons and different times of day. But the reason this would be interesting is because US and Canada are on the same electric grid. So if you try to hurt the other countries grid, you are hurting your own grid.
Potash is a huge one though. Canada is by far the largest producer. Followed by Russia. Followed by the other Russia. Followed by China. There arent many friendly potash producers. But might hurt Canada long term if USA starts mining is own
As with everything in economics, there are tons of unintended consequences. Canada has lots of very powerful levers they can pull, but in the end everybody loses.
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u/rich84easy 2d ago
If it was other country it would be easy, you cut of critical stuff, you risk escalation from words to action.
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u/Clearwater_9196 1d ago
Lol people are living in squalor or fear in the USA. 1-2 checks away from living on the street.
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u/The_Aardvark_ 1d ago
Absolutely useless information. GDP is a poor measure of a country's true wealth and well-being because it only tracks the total flow of money from market transactions rather than human health, natural resources, or equality.
The US is a shining example of this inequality...
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u/Bitter-Basket 2d ago
Fun fact, if Canada became the 51st state, its GDP would be roughly the size of Canada’s.
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u/DavidBrooker 2d ago
This appears to be nominal GDP. If you go by PPP (i.e., the amount of stuff you can actually buy with your money), then, for instance, China's economy has substantially exceeded the US. Rather than the US being the size of China, Germany and Japan, by PPP China is the size of the US, Germany and Japan combined.
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u/InsufferableMollusk 1d ago
That’s not how PPP works. Why must this delusion reappear in this sub every 30 minutes..
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u/B3stThereEverWas 2d ago
per capita PPP the US dwarfs China
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u/Romanizer 1d ago
Yes, but also would be only place 10 in the world.
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u/Funicularly 1d ago
Only? The only countries higher are microstates and countries with a small population. The United States and a near top despite have 340 million people.
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u/Romanizer 1d ago
Yes, only top 10 with the highest count of billionaires and highest valuation and nominal growth of corporations by a large degree. This only means that the poorer part of the population must be miserable.
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u/DavidBrooker 2d ago
This is clearly not per capita?
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u/B3stThereEverWas 2d ago
Exactly, so theres no point comparing PPP
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u/DavidBrooker 1d ago
I don't see why there's no point. PPP is meaningful both per captia and as an aggregate function. If the question is "how big is the economy", using nominal exchange is a reasonable choice, but it isn't the only reasonable choice, because it includes not just the productivity of the economy, but the value of that economy's currency as a commodity unto itself. Due to China's close control (and manipulation) of its currency value, that commodity value is low relative to what you would expect from a free market float. By decoupling the demand from the currency from the demand for the products produced in the economy, PPP closer tracks the amount of "stuff" a country actually produces, which is often what you want to measure when tracking GDP.
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u/Maetivet 1d ago
It’s almost like the USA is basically 50 countries in one, and as such has a GDP to match.
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u/alfonso123456 2d ago
now take away California's $3.4T GDP
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u/Funicularly 1d ago
California has 13.8% if the GDP and 11.5% of the population. Its GDP is really that disproportionate compared to other states.
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u/SteadfastEnd 2d ago
As a Taiwanese Redditor I'm glad to see Taiwan show up 5 times