Quote:
Originally posted by Mr.Fiction
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You can find any number of press releases from China's National Bureau of Statistics which use the numbers below for GDP and not PPP.
Look at it this way. China predicts they will become the world's third largest economy in the world in 30 years or so. Now how can they become the world's third largest economy in the world if they are already second? They're not. You don't use PPP.
Here are last year's numbers from the Financial Review.
No. Country GDP $billions
1 USA 10,208
2 Japan 4,149
3 Germany 1,847
4 United Kingdom 1,424
5 France 1,307
6 China (exc.HK) 1,159
7 Italy 1,089
8 Canada 700
9 Mexico 618
10 Spain 582