SERVING THE QUANTITATIVE FINANCE COMMUNITY

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frenchX
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World ranking (quite surprising)

October 31st, 2010, 9:11 am

I've bough recently an economic atlas from a famous french newspaper. Inside there is the ranking of the countries by their GNP per inhabitant (2009 data it seems).The top ten is (a lot of fiscal paradise here)1 Monaco 203 675$2 Lichtenstein 111 069$3 Bermuda 91 302$4 Norway 80 240$5 Channel islands 70 339$6 Quatar 64 966$7 Luxembourg 64 506$8 Switzerland 58 059$9 Denmark 57 088$10 Caiman islands 54 511$for the wilmotters here 16 USA 45 772$24 France 42 864$27 Germany 41 309$13 Netherlands 48 929$34 UK 35 950$94 Russia 8513$142 China 3 547$28 Japan 41 138$and the poorest (all in africa)227 Guinea Bissau 295$228 Zimbabwe 239$229 Liberia 175$230 Burundi 158$231 Congo (ex Zaire) 151$
Last edited by frenchX on October 30th, 2010, 10:00 pm, edited 1 time in total.
 
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ppauper
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World ranking (quite surprising)

November 1st, 2010, 4:01 pm

4 Norway 80 240$9 Denmark 57 088$those two are surprising I guess, but you'd expect tax havens like monaco and lichtenstein to be up there
 
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Cuchulainn
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World ranking (quite surprising)

November 1st, 2010, 4:06 pm

QuoteOriginally posted by: ppauper4 Norway 80 240$9 Denmark 57 088$those two are surprising I guess, but you'd expect tax havens like monaco and lichtenstein to be up thereNot really.
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frenchX
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World ranking (quite surprising)

November 1st, 2010, 4:19 pm

I'm first really surprised by the performance of Monaco. Almost the double of the second ?! The previous year it was even better 222 012$ for 2008. According to this newspaper 750 b$ of foreign capital are invested in this state (the second smallest in the world). The top ten are financial major places or fiscal paradises. that's just prove that the most leading country of the world base their economy on finance and not in physical good production or service. Another surprise for me was the position of China (142 !). it just prove that the development of that country is quite heterogeneous. The GNP per inhabitant of France (almost 43 000$/inhabitant) is quite surprising. I'm just wondering where the money goes...And not surprising at all, Africa is still poor. Norway is up here thanks to finance and petroleum, no more no less.
Last edited by frenchX on October 31st, 2010, 11:00 pm, edited 1 time in total.
 
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quantmeh
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World ranking (quite surprising)

November 1st, 2010, 4:25 pm

QuoteOriginally posted by: CuchulainnQuoteOriginally posted by: ppauper4 Norway 80 240$9 Denmark 57 088$those two are surprising I guess, but you'd expect tax havens like monaco and lichtenstein to be up thereNot really.to people here, these 'socialist' countries being up in top 10 is VERY surprisingbasically, socialism and off-shore beat capitalism and banditism
 
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Cuchulainn
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World ranking (quite surprising)

November 1st, 2010, 4:31 pm

QuoteOriginally posted by: quantmehQuoteOriginally posted by: CuchulainnQuoteOriginally posted by: ppauper4 Norway 80 240$9 Denmark 57 088$those two are surprising I guess, but you'd expect tax havens like monaco and lichtenstein to be up thereNot really.to people here, these 'socialist' countries being up in top 10 is VERY surprisingbasically, socialism and off-shore beat capitalism and banditismTime to update ye olde Weltanschau The story of how Maersk still builds ships in DK is a good example. It is not outsourced, but they do it more clever. And NL is still one of the biggest exporters of flowers, veggies.
Last edited by Cuchulainn on October 31st, 2010, 11:00 pm, edited 1 time in total.
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Anthis
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World ranking (quite surprising)

November 1st, 2010, 5:10 pm

QuoteOriginally posted by: quantmehQuoteOriginally posted by: CuchulainnQuoteOriginally posted by: ppauper4 Norway 80 240$9 Denmark 57 088$those two are surprising I guess, but you'd expect tax havens like monaco and lichtenstein to be up thereNot really.to people here, these 'socialist' countries being up in top 10 is VERY surprisingbasically, socialism and off-shore beat capitalism and banditismPut the blame on income inequality and f*ck ups the unregulated capitalism generates.
 
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Hansi
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World ranking (quite surprising)

November 1st, 2010, 5:29 pm

QuoteOriginally posted by: CuchulainnQuoteOriginally posted by: ppauper4 Norway 80 240$9 Denmark 57 088$those two are surprising I guess, but you'd expect tax havens like monaco and lichtenstein to be up thereNot really.Norway is pretty much obvious but why is Denmark so high. Doesn't seem inline with the people I know from there.
 
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Cuchulainn
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World ranking (quite surprising)

November 1st, 2010, 7:46 pm

QuoteOriginally posted by: HansiQuoteOriginally posted by: CuchulainnQuoteOriginally posted by: ppauper4 Norway 80 240$9 Denmark 57 088$those two are surprising I guess, but you'd expect tax havens like monaco and lichtenstein to be up thereNot really.Norway is pretty much obvious but why is Denmark so high. Doesn't seem inline with the people I know from there.It seems exports Machinery and transport look important. And maybe Viking spirit
Last edited by Cuchulainn on October 31st, 2010, 11:00 pm, edited 1 time in total.
Step over the gap, not into it. Watch the space between platform and train.
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Traden4Alpha
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World ranking (quite surprising)

November 1st, 2010, 8:32 pm

These look like before-tax income figures, not after-tax figures. I wonder about the PPP for all these countries. It takes someone in Norway 25% longer to earn enough money to buy a Big Mac as it does in the US.
 
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frenchX
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World ranking (quite surprising)

November 1st, 2010, 8:37 pm

Good point T4A !Would be indeed interesting to compare the GNP per inhabitant with a PPP measure. In the place with high GNP per inhabitant the cost of living is so prohibiting that the PPP should not be so high. EDITit seems that the country with the highest PPP is Luxembourg.
Last edited by frenchX on October 31st, 2010, 11:00 pm, edited 1 time in total.
 
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trackstar
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World ranking (quite surprising)

November 1st, 2010, 8:43 pm

QuoteOriginally posted by: Traden4AlphaThese look like before-tax income figures, not after-tax figures. I wonder about the PPP for all these countries. It takes someone in Norway 25% longer to earn enough money to buy a Big Mac as it does in the US.probably in some countries (especially those with socialized medicine) there should be extra taxes and surcharges for eating Big Macs.Eat herrings instead!
Last edited by trackstar on October 31st, 2010, 11:00 pm, edited 1 time in total.
 
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trackstar
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World ranking (quite surprising)

November 1st, 2010, 8:43 pm

Coming soon - the Omega3 Mac!
Last edited by trackstar on October 31st, 2010, 11:00 pm, edited 1 time in total.
 
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quantmeh
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World ranking (quite surprising)

November 1st, 2010, 8:45 pm

QuoteOriginally posted by: frenchXit seems that the country with the highest PPP is Luxembourg.it's not even a country
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