\[Discussion\] Calculating new GDPs and Per Capitas


  • Admin

    As most of us have noticed by now, NationStates has provided us some cool new features under the 'Economy' tab of our nations. These new features include a GDP, a GDP per capita and how much our 10% richest and poorest citizens earn on average.

    user posted image

    YAS! Exciting, right? It means we can rely less on other random off-site calculators like NSEconomy which have force us to obey to the legendary "World Benchmark/Frightening/World Benchmarck"classification. We can finally stop selling out our nations and answer issues like how we want to. Besides, we never used the military stats that they gave us, so it's a bit silly that we had no choice but use the economic stats they gave us.

    From what I've gathered, the new economic stats are based on your nations' economic classification and how much of your economy/budget is focused on industry. Whether your economy is more private or public orientated doesn't seem to make a difference, nor does the taxation rates (so you socialist nations can start celebrating). So for the 99% of us who didn't have the WB/F/WB status, this is more appropriate.

    Only one problem though: The GDPs and and GDP per capitas they provide us are insanely high. For example, Inquista has a per capita of ~$450,000.

    So let's get talking and formulate a new system that includes these new statistics. How should we manipulate this new information into stats that are more realistic for roleplay? Ideas for a formula/or system?



  • I think we should work with percentages, as it is simpler math. I would be more than happy to work with you guys on something, because (not to toot my own horn) I have dealt with RP changing economic things before. For example, I

    Nah, I'll toot that damn horn lol.



  • Also keep in mind that whatever the GDP per capita is, you'll have to use the new RP population number and multiply it by that to get your GDP total.



  • why dont we simply divide the GDP per capita by 2?
    take my country as an example:

    my RP population is 77.1 million, with a GDP per capita of $86.074, therefor
    $6.636 trillion GDP
    Germany has a population of 80,716,000 and a GDP per capita of $44.741, therefor $3.621 trillion GDP

    if we divide my GDP per capita we get a pretty simmular result relative to the population:
    $86.074 : 2 = $43.037 GDP er capita = 3.318 trillion GDP
    very simular to Germany's economy



  • QUOTE (Jyllandet @ February 15th, 2015 - 22:51)

    why dont we simply divide the GDP per capita by 2?
    take my country as an example:

    my RP population is 77.1 million, with a GDP per capita of $86.074, therefor
    $6.636 trillion GDP
    Germany has a population of 80,716,000 and a GDP per capita of $44.741, therefor $3.621 trillion GDP

    if we divide my GDP per capita we get a pretty simmular result relative to the population:
    $86.074 : 2 = $43.037 GDP er capita = 3.318 trillion GDP
    very simular to Germany's economy

    Because that would give us ridiculously high numbers still.

    For example, I would have 70,000 gdp per capita at least with that kind of division.

    A percentage works better across all sizes of nation.



  • has a solution been discoverd?



  • Its going to take an obnoxious formula I think. Not something as simple as dividing our populations by 10 and then multiplying the reasonable GDP PC offered by other sites. Of course I'm all for using NS as a base for our own calculations rather than 3rd party sites which are notorious for going down and not regularly updating.


  • Admin

    Obnoxious formulas?

    user posted image

    *Looks at Rob and Chris*


  • Admin

    In light of this and some of the other things floating about on these forums and on Skype, I've drawn up a list of proposals for a spreadsheet that will include all the basic econ and other relevant data for the RP:

    Link

    Thoughts?


  • Admin

    Although aren't we trying to step away from NSEconomy? The problem with NSEconomy is that there is a formula in getting the highest gdp per capita and it's bizzarely skewed towards anarchic countries and it totally robs socialist countries. While the new GDP per capita figures from NatiomStates are absurdly high, I think it's actually more fair to all economy types and I also think it's more reflective as to how the nation is actually ran. I still think it's optimal that we find a logarithm to balance out the GDP per capita from NS and multiply it by our population to get our GDP. Besides, finding a log for the GDP per capita was the whole point of this thread in the first place. tongue.gif

    Although since NationStates hasn't blessed us with many othed stats, NSEconomy will still give us our unemployment and exchanges rates.


 

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