Talk:List of countries by economic statistics

From OpenGeofiction Encyclopedia
Jump to: navigation, search

How to figure out economic statistics? Here's how I did it:

1. Start with population: how many people live in your country? The USA is around 300 million. Germany is around 80 million. Sweden is around 10 million. Luxembourg is around half a million. Look at a list of real life countries and choose a number that fits with how you imagine your country.

2. How rich or poor is the country? This is reflected in GDP per capita. The richest countries tend to be small trade hubs (Singapore = $64,584, Hong Kong = $52,722, Switzerland = $46,430) or have vast natural resources with low population (Norway = $54,947, Brunei = $53,431). Other countries range from extremely poor (Central African Republic = $542) to mid-range (Egypt = $6,579) to above (Argentina = $18,749). Look at a list of real life countries and choose a number that fits with how you imagine your country.

3. To get GDP, simply multiply your GDP per capita by the population.

4. HDI is Human Development Index, which measures development in terms of income, education and life expectancy on a scale between 0 and 1. Poor countries can be as low as 0.3 and extremely well-off countries can get as high as 0.9. Look at a list of real life countries and choose a number that fits with how you imagine your country.

5. The Gini number is a measure of income inequality (expressed here in percent form) where 0 would represent a society where everyone's income is completely equal, and 100 would represent a society where one individual receives all the income. In real life it ranges from around 25 up to 65 or so. At the lower end are countries that have a high degree of equality, whether they be rich (Denmark = 24.0, Germany = 28.3) or poor (Afghanistan = 27.8, Ethiopia = 29.8). At the high end are countries with a vast divide between the rich and poor (South Africa = 63.1, Brazil = 54.7). Look at a list of real life countries (column labeled "World Bank Gini") and choose a number that fits with how you imagine your country.

6. The Index of Economic Freedom is a rough approximation of how "business friendly" the government is, on a scale of 0 (not business friendly) to 100 (very business friendly). Numbers in real life range from 1.5 (North Korea) to 89.3 (Hong Kong). Look at a list of real life countries and choose a number that fits with how you imagine your country.

--Isleño (talk) 00:35, 17 August 2014 (CEST)


Some calculation errors?

I've noticed some inconsistencies; for example, Antharia's wiki article mentions a population of 21,040,000, and in this article the GDP (PPP) is given with $34,957, creating a total GDP (PPP) of 735495280000 (734 billion or 0.734 trillion); a fraction of the $3.911 trillion listed here. Did the creator just make a small calculation error, or is the overall set up of Antharia to change anytime soon? What I've also been asking myself; should we take the "lost nation" Lost country.png Picard out of the list?Leowezy (talk) 20:09, 27 February 2017 (CET)

Yes --Histor (talk) 02:52, 28 February 2017 (CET)