admin-ajax.php

What If the World Economy Were the Solar System [infographic]

How do you measure the wealth of nations?

Two ways: compare national GDPs, or size up per-capita GDPs.

Those two categories don’t necessarily correspond: countries can be rich, but their citizens poor – or vice versa.

Check out this map of our Solar System to see the crucial difference between both.

мHow do you measure the wealth of nations

The U.S. is the Sun, because it is both the world’s biggest economy (national GDP over $18.5 trillion) and has the highest per-capita income of the world’s largest economies (the average annual income in the U.S. is just over $57,000).

The nine planets in the Solar System (yes, Planet Nine… even if we don’t see you, we are looking at you) symbolize the nine next-biggest economies in the world.

In two ways:

  1. Firstly, their distance to the Sun expresses the difference in per-capita GDP. The UK, with the second-biggest per-capita GDP, is Mercury, the planet closest to the Sun. The World Map of BillionairesFollowing the planets
    in clockwise order, we end at Planet Nine/India: furthest from the Sun, smallest per-capita GDP.
  2. Secondly, the size of the planets reflects the size of overall GDP. China is Uranus, 7th planet from the Sun, because it is 7 places behind the U.S. in per-capita GDP. But it is the second-biggest heavenly body on this map, because of the huge size of its total GDP. Third in size is Japan, last is Brazil: Uranus is closer than Planet Nine (because Brazil’s per-capita income is higher), but also smaller (because India’s total GDP is higher).

If the World Economy Were the Solar System via Howmuch.net

ad_GtGR


icon-podcast-large

SUBSCRIBE & DON'T MISS A SINGLE EPISODE OF MICHAEL YARDNEY'S PODCAST

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

icon-email-large

PREFER TO SUBSCRIBE VIA EMAIL?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.


Avatar for Property Update

About

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


'What If the World Economy Were the Solar System [infographic]' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.
CAPTCHA Image

*

facebook
twitter
google
0
linkedin
0
email

Michael's Daily Insights

Join Michael Yardney's inner circle of daily subscribers.

NOTE: this daily service is a different subscription to our weekly newsletter so...

REGISTER NOW

Subscribe!