Talk:List of countries by past and projected GDP (nominal)
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The final two tables are complete garbage
[edit]There are tables at the end purporting to rank countries now and into the future. Iran is listed having nearly a $2 trillion GDP at present! Is this PPP? There is no indication. They should be scrapped and redone, or just scrapped because they add nothing but confusion. — Preceding unsigned comment added by 198.137.20.57 (talk) 14:13, 21 April 2023 (UTC)
Old data
[edit]the datas given are so old(2003). This list has undergone some major changes, can somebody update this list (Nubin_wiki 10:35, 15 February 2007 (UTC)) Also could it contain list of older dates as well.--Itzmerabin (talk) 22:46, 25 October 2008 (UTC)
Data going from 1980 to today is available from the International Monetary Fund (IMF). I think this might be better than the data currently on the page. Link to the data is here. http://www.imf.org/external/pubs/ft/weo/2009/02/weodata/weorept.aspx?pr.x=37&pr.y=11&sy=1980&ey=2014&scsm=1&ssd=1&sort=country&ds=.&br=1&c=512%2C941%2C914%2C446%2C612%2C666%2C614%2C668%2C311%2C672%2C213%2C946%2C911%2C137%2C193%2C962%2C122%2C674%2C912%2C676%2C313%2C548%2C419%2C556%2C513%2C678%2C316%2C181%2C913%2C682%2C124%2C684%2C339%2C273%2C638%2C921%2C514%2C948%2C218%2C943%2C963%2C686%2C616%2C688%2C223%2C518%2C516%2C728%2C918%2C558%2C748%2C138%2C618%2C196%2C522%2C278%2C622%2C692%2C156%2C694%2C624%2C142%2C626%2C449%2C628%2C564%2C228%2C283%2C924%2C853%2C233%2C288%2C632%2C293%2C636%2C566%2C634%2C964%2C238%2C182%2C662%2C453%2C960%2C968%2C423%2C922%2C935%2C714%2C128%2C862%2C611%2C716%2C321%2C456%2C243%2C722%2C248%2C942%2C469%2C718%2C253%2C724%2C642%2C576%2C643%2C936%2C939%2C961%2C644%2C813%2C819%2C199%2C172%2C184%2C132%2C524%2C646%2C361%2C648%2C362%2C915%2C364%2C134%2C732%2C652%2C366%2C174%2C734%2C328%2C144%2C258%2C146%2C656%2C463%2C654%2C528%2C336%2C923%2C263%2C738%2C268%2C578%2C532%2C537%2C944%2C742%2C176%2C866%2C534%2C369%2C536%2C744%2C429%2C186%2C433%2C925%2C178%2C746%2C436%2C926%2C136%2C466%2C343%2C112%2C158%2C111%2C439%2C298%2C916%2C927%2C664%2C846%2C826%2C299%2C542%2C582%2C443%2C474%2C917%2C754%2C544%2C698&s=NGDPD&grp=0&a= Dagojr (talk) 04:44, 12 January 2010 (UTC)
Speaking of old data, why is the April 2019 information still being used on the page? The October 2019 and April 2020 are both already out. — Preceding unsigned comment added by 68.82.148.251 (talk) 05:08, 10 June 2020 (UTC)
Arrangement of Data
[edit]Why is the data not arranged with options for ascending and descending in different columns, as in the other GDP pages?
New Discussion
[edit]A discussion has been started at Wikipedia talk:WikiProject Countries/Lists of countries which could affect the inclusion criteria and title of this and other lists of countries. Editors are invited to participate. Pfainuk talk 11:31, 17 December 2008 (UTC)
to be updated
[edit]I think that this list can be updated with the data from the history of the List of countries by GDP taken on Dec2005 (for 2004), Dec2006 (for 2007), etc. Alinor (talk) 12:55, 30 August 2010 (UTC) See also here. Alinor (talk) 13:00, 30 August 2010 (UTC)
- Or you can use IMF data since 1980 : IMF database. Kumar Online (talk) 21:41, 27 September 2010 (UTC)
Merger proposal
[edit]- The following discussion is closed. Please do not modify it. Subsequent comments should be made in a new section. A summary of the conclusions reached follows.
- The result of this discussion was to merge List of countries by future GDP (nominal) estimates into this article. Mightymights (talk) 15:08, 2 July 2011 (UTC)
- Support Mightymights (talk) 21:30, 1 June 2011 (UTC)
Incorrect value in gdp 2006-2050
[edit]the gdp of China is shown 4,667,000 million in 2010 while it is 5,878,257 million according to imf 2010 list.similarly gdp of India is shown 1,256,000 million in 2010 while it is 1,537,966 million according to imf 2010 list. — Preceding unsigned comment added by Abhirassharma (talk • contribs) 21:41, 5 July 2011 (UTC)
Th values for Turkey are wrong also, Look at the current number for 2010 it is 741M usd, on 2015 it is merely 520 something do you predict a crisis in Turkey or what? Whoever prepared the estimations, I swear that he is English! For what reason on earth, UK excells Germany and Japan by far in 2050? I take this as a joke only, maybe a centuries long nice dream — Preceding unsigned comment added by 46.104.126.75 (talk) 21:03, 28 August 2011 (UTC)
Sortable Table
[edit]Most of the tables don't sort correctly. Couldn't figure out why. --Awkwardlinguist (talk) 21:17, 10 July 2011 (UTC)
Predictions
[edit]Looking at the 2015-2050 predictions, Australia is not in the list despite having a larger economy than 2/3 of the other countries on that list. Who on earth put this together? Such a glaring omission does not bode well for any sort of reliability or usefulness. — Preceding unsigned comment added by Saruman-the-white (talk • contribs) 13:13, 3 September 2011 (UTC)
Hate to say it but Goldman Sachs' table is the only believable one there. Look how tight their 2010 estimates (given in 2006 at the height of the housing bubble) were to the actually realised figures. Also their future estimates are much more conservative than the yahoos @ Citi and Standard. — Preceding unsigned comment added by 151.227.208.220 (talk) 00:00, 4 March 2014 (UTC)
Predictions are totally wrong
[edit]""The N-11: More Than an Acronym" - Goldman Sachs study of N11 nations, Global Economics Paper No: 153, March 28, 2007."
This isn't a reliable source, predictions are very unrealistic. Currently, Australia and Spain have a higher GDP than 2050 predictions for Bangladesh, why is it on the top 22?
- Spain: 1,409,946 1,484,708 1,524,063 1,563,633 1,607,659 1,654,964 1,703,443
- Bangladesh: 104,919 115,387 126,414 137,617 150,072 163,676 178,179
According to the source Bangladesh will have a total GDP (nominal) of 1,466,000 million in 2050, ranking the 22th country with the highest GDP (nominal) (???). Spain already has around 1,400,000 and it is expected to reach 1,703,443 in 2016. What will happen with Spain from 2016 onwards? Will they have another recession? Will they be in bankrupt? This list is totally nonsense, figures don't much. So, if anyone doesn't oppose, i will delete it. 88.23.119.184 (talk) 01:34, 7 September 2011 (UTC)
Unrealistic IMF estimates
[edit]I really don't understand how is it possible for Russia's GDP to overtake that of India in a sudden jump in 2011. This is especially puzzling considering the fact that Russia's economic growth(4.8%) is considerably lower than that of India (7.5%) for the year 2011. Also both the Russian ruble and Indian Rupee depreciated against the US dollar at roughly the same rate. — Preceding unsigned comment added by Centralpowers1914 (talk • contribs) 14:14, 9 January 2012 (UTC)
-cuz the growth you mentioned are counted for real growth if you want to see them check this article out http://en.wikipedia.org/wiki/List_of_countries_by_future_GDP_(PPP)_estimates this article is about dollar growth, its kind of funny how western media is always talking about real growth but only mention it if some country surpasses another in dollar numbers. When china surpassed japan in 2010 in dollar growth everybody mentioned it but when india surpassed japan in real ppp numbers no body said anything. The western economics make it on purpose so the western growth numbers dont look so low in comparison to the other countries while they use dollar numbers as their official gdp. --Shokioto22 (talk) 12:54, 5 March 2012 (UTC)
Centralpowers1914 is right.Not all is clear in the IMF counting.It seems they've a "particular way" to count.They even accept different methods to count.The Popular Republic of China has a toally different method to count from EU and Usa.It's much "easier".Many people in financial today doubt of the acting of WB and IMF.The should at least write below the lists that the methods are different from place to place to calculate gdp.China ,Russia and others have toatally different ways to fix the gdp. — Preceding unsigned comment added by 151.40.114.134 (talk) 08:45, 30 January 2013 (UTC)
Estimates for 2050!?
[edit]I can accept IMF's prediction for a couple years ahead, but a prediction up to 2050 is just to much, especially if it is based on an old data and can be very misleading. For example, GDP estimates for 2050 by Goldman Sachs is based on data from 2006. In that prediction it says that the GDP of Indonesia will surpass 700.000 billion USD mark in 2020, but Indonesia reached that level already in 2010, about one decade ahead. GDP estimates for 2050 by HSBC is even worse, it uses exchange rate in 2000, which in turn make some countries severely affected by 1997-1998 Asian financial crisis look bad, really bad. South Korea, Russia, Indonesia to name few. I think we should just remove both sections.
- yeah these data from hsbc is very immature since the western countries faced a crisis by them self, the federal reserve and ecb are printing money like crazy they are having the same inflation rate like the rest of the world now, obviously hsbc is from switzerland so they chose this incompetent method in order to let their own country look good in 2050. I will remove the list from hsbc plz help by writing a complaint at wiki Project Economics http://en.wikipedia.org/wiki/Wikipedia_talk:WikiProject_Economics so these guys moderate this article more.--Shokioto22 (talk) 13:09, 5 March 2012 (UTC)
idiotic data by Standard Chartered
[edit]These data was made in 2010 before euro crisis and it looks completely idiotic if you just look at it,
First Russia overtakes uk then it disappears from the list meaning its gdp becomes suddenly less than its european counterparts in 20 years?? It doesnt say anything about it in its Russia cis category why this happens just typical trash talk about putin and reforms. So the european countries get suddenly in the 2020s a second industry revolution growing twice of its gdp in this time and it doesnt effect russia in anyway, no need for recourses or anything??
And lets come to japan also being part of the developed world is unlink its european colleges not growing twice of its gdp and according to them japan will not grow at all. Just hits the 6 trillion dollar in 10 years since 2010 which is idiotic, since japan will already almost hit the 6 trillion mark this year. The data says that japan will be almost the same size as germany in 2030. They are nuts they dont even think about population japan has twice more than uk and france and 50% more than germany, and russia has a higher population than japan. Yeah sure russia and japan have a low birth rate, but so does germany even lower than both of these countries, its beyond my mind how they predict both of these countries.
And china, india and indonesia will skyrock according to them. 24 trillion for china, 9 for india and 3 for indonesia. If you see at imf which viewed as most accurate data they will have 12 trillions for china, india 2.9 trillion and 1.8 trillion for indonesia in 2017. These countries are completely over predicted by them. Just look at china we have end of the year 2012 and its gdp was 7.3 trillion us dollars and they are supposed to grow 4 times of its size the next 9 years, what for lunatics these guys are from standard chartered. We all know these data is bs and obsolete since it didnt consider euro crisis, the slowing down of other developed and emerging countries. I would recommend removing it since common sense should see how idiotic their prediction were and are.--Shokioto22 (talk) 11:24, 5 October 2012 (UTC)
> About the same reason why I wrote here months ago, right above yours (and you replied to it too). But, if SC predicion is a BS, then GS is a BS too. Should we try removing the "GDP estimates for 2050" section entirely again? ;) — Preceding unsigned comment added by 118.136.26.198 (talk) 12:28, 6 October 2012 (UTC) -i think goldmansachs predictions are ok they obviously failed at 2015 predictions. But the rest is ok as long you ignore the actually numbers and just look at the countries ranks it looks quite reasonable. They also show a contentious trend they are not so random letting one country grow and then letting it fall all of the sudden (russia), and their arent so unfair to japan they are saying in 2050 japan will slow down to the size of the other european g7 countries but still being slightly more with 1 trillion, which is still debatable but still better than sc which says it will happen in 20 years.--Shokioto22 (talk) 18:12, 6 October 2012 (UTC)
Projections to 2050
[edit]These projections are just publicity of banks to dell funds.They've nothing of scientific.Just in late January 2013 as Interfax reports Russia payed Goldman Sachs to be well presented in the financial world.Even Nouriel Rubini in Davos 2013 attacked this kind of propaganda destined to fail year by year.If Wikipedia wants to be scientific and not a source of curiosity should cancel these lists that are considered just publicity by the majority of the main economists and academics. You should add Hsbc outlook of 2012 to 2050 too.It's a little bit different from the other ones. — Preceding unsigned comment added by 151.40.114.134 (talk) 08:39, 30 January 2013 (UTC)
Source of 2060-projection
[edit]I was wondering about the origin/ source of the GDP-projection-data [2015-2060] with the "more complete list of countries". I wasn't able to find the source of this data set, neither at pwc nor with google. The table cites an article of the guardian. But the cited source is an estimation with different numbers, only till 2050 and only for a couple of selected countries. Can anybody help? Thanks! (129.132.215.25 (talk) 15:02, 14 November 2013 (UTC))
To update immediately
[edit]Graphical projections of economies in 2018 by IMF must be immediately updated to 2019.Many things changed with 2019 projections. Country clubs trillions must be updated too.Many many things changed here too.89.97.225.68 (talk) 08:27, 10 April 2014 (UTC)
Unconvertable currencies ?
[edit]This listing goes far back. For instance is "East Germany" lacking for years 1970-89. Anyway all East-European currencies was unconvertable and even illegal to move outside the country (or atleast to the West). In the former GDR, a currency declaration - both at entry and exit was mandatory. Remaining East D-mark was put to an account instead. An account with very high interest rate - high but negative though, as the remaining money was taken from the accounts ! Possibly those who bought "transfer visa" (not "entry to GDR visa") did'n need do declare currency, I'm not sure. Anyhow formally the exchange rate was "a mark for a mark". Black market exchange rate was much much better for the Westerners, but much harder to find compared to in Poland for instance. But why isn't GDR on the list ? And how to compare all the unconvertable currencies ? (As they only were possible to buy, not to sell - and that is "unconvertable", I think.) 83.249.167.85 (talk) 12:54, 26 July 2014 (UTC)
- I don't know what you are talking about. This article is not about exchanging currencies, it's about gross domestic products. If you wonder how the exchange rate was get to get the USD figure, for example my encyclopedia gives it at 2.15 FIM = 1 DDM (East German mark), and USD at 4.03 FIM = 1 USD, which equals 1 USD = 1.87 DDM. Though it is currently irrelevant as none of those countries is listed. 82.141.116.89 (talk) 04:01, 2 February 2015 (UTC)
- And, for the record, the exchange rates are from May 2, 1979. 82.141.116.89 (talk) 04:11, 2 February 2015 (UTC)
- Is it the official rate, like 0.6 Soviet roubles per 1 US dollar, which was completely unrealistic? --Yomal Sidoroff-Biarmskii (talk) 01:52, 7 January 2018 (UTC)
May we add 20, 10, 5, 2 and 1 billion/million USD?
[edit]Doesn't this seem like a good idea? --Funny Gardaland (talk) 15:26, 23 June 2016 (UTC)
Estimates for 2050: Greece
[edit]Could someone check (and correct) the Long term GDP estimates? In the tables, in it said that Greece will be more powerfull than China. Check: The 20 largest economies in the world (in billion US dollars at current value) and The top 20 largest economies in the world (in 2016 billions USD). It seems that someone has vandalised that information — Preceding unsigned comment added by 85.136.154.150 (talk) 15:31, 11 May 2017 (UTC)
15 trillion
[edit]Please help me and add 15 trillion usd accomplishments. I failed and please add in the nominal and PPP. CommonCorevsTraditionalMath (talk) 15:57, 28 November 2019 (UTC)
Soviet GDP
[edit]Can someone put the Soviet GDP? Ferctus (talk) 20:33, 4 February 2020 (UTC)
Official Exchange Rate
[edit]What is this official exchange rate of which is spoken in the first paragraph? No source seems available. — Preceding unsigned comment added by 143.179.83.102 (talk) 17:54, 16 May 2020 (UTC)
Incorrect claim of china GDP recession for the year 2023.
[edit]The latest GDP figures From the IMF claims that China went into recession in the year 2023, however their own GDP growth data doesn't suggest this, in fact the GDP growth data states that it increased by about 5% meaning the GDP should be between 19 to 20 trillion. Furthermore there is no evidence that China’s GDP has contracted at all for more than a decade. The only data I can find into China's GDP contracting was during the coronavirus pandemic In the year 2020 however they were able to recover in that year with a growth rate of 2.1%. Is there another metric here that I am missing when measuring GDP growth?
Because the figures shown according to the IMF's own growth data are inaccurate. 92.40.195.134 (talk) 23:08, 23 October 2023 (UTC)
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