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indonesia Is The most powerful Islamic country in the World with current GDP $650 BILLION.
And growing rapid
Well done indonesia
That list is very very inaccurate.
Look at the most countries..
False informations.
true, that Wikipedia chart is extremely inaccurate
for example look at Iran
"The Economist stated in its latest report that Iran's Gross Domestic Product (GDP) in the current calendar year (began March 21, 2010) would rise by $55.5 billion, adding that the GDP figure would double in the next five years.
ISNA news agency quoted The Economist's February 2010 report stating that GDP in Iran had increased from $361.3 billion dollars last year to $416.7 billion in the current year.
The report estimated that the steady increasing trend of GDP in Iran would continue to reach the figure to $701.9 billion in 2013."
so 700 billion by 2013 according to the economist while the chart says 484 by 2015!!!!!!!!!!!!!!!!!! Right now our GDP is 416 so how could it only increase by 68 bil in 5 years???? Last year it was a slow year and we still managed 55 bil increase. This whole chart is full of flaws for every single country. Nothing makes sense in it.
Well first of all let me make clear - Wikipedia is not a reliable source but i think you do not know the difference between GDP (PPP) and GDP (Nominal).yea its very inaccurate.
it says 600billion or so for turkey.
while it says 800billion in turkey(country) page.
and then in middle-east countries list page it says it crossed over 1trillion and then i go to the source which was world bank.
yea its very inaccurate.
it says 600billion or so for turkey.
while it says 800billion in turkey(country) page.
and then in middle-east countries list page it says it crossed over 1trillion and then i go to the source which was world bank.
Turkey having over 1trillion us dollars with only 50million citizens.
while country having over 1billion citizens which have also more then 1-3trillion us dollars.
and telling them their economy is greater
GDP PPP 15 Turkey 1,028,897
GDP Nominal 17 Turkey 794,228
Hm.. PPP what turkey pays a year?
nominal what turkey makes each year? or what turkey get left?
I am going to edit wikipedia and make the figure £500 billion.
So PPP is more important?
if I understand correctly.
GDP PPP 15 Turkey 1,028,897
GDP Nominal 17 Turkey 794,228
Hm.. PPP what turkey pays a year?
nominal what turkey makes each year? or what turkey get left?
I'm no economist and I really don't know much about these things but I think it depends.
Say you wanna buy some foreign tech, you have to pay in Dollars but if you want to pay people's wages in the country then PPP matters more. A Turkish or Iranian worker will receive less than an American one for the same work. Over all I think PPP is more important.