AsiaFinest Forum
Ad: 123Designing.com

Welcome Guest ( Log In | Register )

2 Pages V   1 2 >  
Reply to this topicStart new topic
Why does Taiwan have higher GDP/Capita than Korea and Japan?
SoCal
post Nov 29 2010, 03:45 PM
Post #1


AF Supreme
Group Icon

Group: Bronze AF Subscriber
Posts: 15,892
Joined: 23-July 06




http://en.wikipedia.org/wiki/List_of_count...apita_estimates

2010 GDP (PPP) Per Capita

Taiwan 34,743
Japan 33,828
Korea 29,791
Go to the top of the page
 
+Quote Post
SeafoodFriedRice
post Nov 29 2010, 03:54 PM
Post #2


AF Fan
Group Icon

Group: Members
Posts: 86
Joined: 17-August 10
From: Hong Kong




it's an estimate so we'll see when the actual data's out embarassedlaugh.gif
Go to the top of the page
 
+Quote Post
RangerBlue
post Nov 29 2010, 04:03 PM
Post #3


AF Geek
Group Icon

Group: Members
Posts: 128
Joined: 2-September 10




Oh snap, Singapore and Hong Kong are so high up. Singapore has already surpassed the US, and Hong Kong's just right below the US and will beat the US by 2013. Holy macaroni

This post has been edited by RangerBlue: Nov 29 2010, 04:08 PM
Go to the top of the page
 
+Quote Post
SoCal
post Nov 29 2010, 04:21 PM
Post #4


AF Supreme
Group Icon

Group: Bronze AF Subscriber
Posts: 15,892
Joined: 23-July 06




Come on, the data is in 2010.



QUOTE (SeafoodFriedRice @ Nov 29 2010, 12:54 PM) *
it's an estimate so we'll see when the actual data's out embarassedlaugh.gif

Go to the top of the page
 
+Quote Post
xentradi97
post Nov 29 2010, 06:02 PM
Post #5


AF Pro
Group Icon

Group: Members
Posts: 1,056
Joined: 16-January 10




I don't know how significant per capita GDP is anymore. While the economies of Singapore, Taiwan and HK are strong, their small population make their GDP higher than the most.
Other countries with double, triple and quadruple population their GDP would be greatly diluted.
Go to the top of the page
 
+Quote Post
RangerBlue
post Nov 29 2010, 09:28 PM
Post #6


AF Geek
Group Icon

Group: Members
Posts: 128
Joined: 2-September 10




QUOTE (xentradi97 @ Nov 29 2010, 06:02 PM) *
I don't know how significant per capita GDP is anymore. While the economies of Singapore, Taiwan and HK are strong, their small population make their GDP higher than the most.
Other countries with double, triple and quadruple population their GDP would be greatly diluted.

Of course it's important. GDP per capita is an indication of how well a nation can feed its citizens.

It's like this. A guy who brings home $10,000 a month to feed a family of 3 is going to be a lotttttt richer than a guy who brings home the same amount of money a month to feed a family of 7.
Go to the top of the page
 
+Quote Post
bear11
post Nov 30 2010, 12:56 AM
Post #7


AF Addict
Group Icon

Group: Members
Posts: 577
Joined: 2-July 10




Cities usually have higher GDP per capita, and other things should be considered such as wealth distribution, Hong Kong and Singapore have too many rich people.

And for Taiwan with all that gold from the mainland and the US help it would be a tragedy if they did not have high GDP per capita.

This post has been edited by bear11: Nov 30 2010, 12:58 AM
Go to the top of the page
 
+Quote Post
xentradi97
post Nov 30 2010, 03:58 AM
Post #8


AF Pro
Group Icon

Group: Members
Posts: 1,056
Joined: 16-January 10




QUOTE (RangerBlue @ Nov 29 2010, 09:28 PM) *
Of course it's important. GDP per capita is an indication of how well a nation can feed its citizens.

It's like this. A guy who brings home $10,000 a month to feed a family of 3 is going to be a lotttttt richer than a guy who brings home the same amount of money a month to feed a family of 7.


Yes understand that when comparing a GDP of a nation that's 500 dollars compared to 30000. But when it comes to industrial nations such as Japan, Korea and Taiwan with difference of few hundred or thousand dollars, it becomes meaningless as many other factors come into play. That's what I meant. For those countries GDP numbers don't tell us anything. What's telling is national competitiveness, quality of life and number of other social and industrial indexes.

And smaller populous nation naturally have a higher GDP as there are more wealth to go around on average than countries that have lot bigger population spread over various provinces with people living in various means and conditions.
Go to the top of the page
 
+Quote Post
KraterosHellas
post Jan 10 2011, 06:51 AM
Post #9


AF Elite
Group Icon

Group: Members
Posts: 7,784
Joined: 5-April 10
From: AF Supreme Admin




wtf. never even heard of this country qatar. i thought luxembourg was number 1.
Go to the top of the page
 
+Quote Post
MiCC
post Mar 22 2011, 05:37 AM
Post #10


AF Pro
Group Icon

Group: Members
Posts: 1,799
Joined: 6-March 05
From: San Diego, CA




QUOTE (KraterosHellas @ Jan 10 2011, 04:51 AM) *
wtf. never even heard of this country qatar. i thought luxembourg was number 1.


luxembourg only has like 500,000 compare to Hong Kong 7 million.
Go to the top of the page
 
+Quote Post
retaxis
post Mar 22 2011, 08:24 AM
Post #11


AF Addict
Group Icon

Group: Members
Posts: 625
Joined: 19-June 08
From: Australia and PRC




Its because they don't
Go to the top of the page
 
+Quote Post
Red Fox Ace
post Mar 22 2011, 06:22 PM
Post #12


AF Guru
Group Icon

Group: Members
Posts: 4,557
Joined: 11-August 06




It's not hugely different. We're only talking about a difference of maybe $2,000.



It's not like Switzerland vs. Bangladesh.
Go to the top of the page
 
+Quote Post
Bilbo
post Apr 7 2011, 11:58 AM
Post #13


AF Fiend
Group Icon

Group: Members
Posts: 376
Joined: 3-February 06




well, that figure is adjusted for cost of living in each country

Japan is still highest in nominal terms, but I think the PPP figures are more indicative of standard of living

This post has been edited by Bilbo: Apr 7 2011, 12:00 PM
Go to the top of the page
 
+Quote Post
Hugham
post Apr 22 2011, 11:43 AM
Post #14


AF Pro
Group Icon

Group: Members
Posts: 1,314
Joined: 28-February 10




QUOTE (SoCal @ Nov 30 2010, 04:45 AM) *
http://en.wikipedia.org/wiki/List_of_count...apita_estimates

2010 GDP (PPP) Per Capita

Taiwan 34,743
Japan 33,828
Korea 29,791


Really? Well, it's time for Japanese people to idolize Taiwanese? just kidding. embarassedlaugh.gif

The reality is, Taiwan GDP per capita is only USD 16000, below S Korea USD 22000 and Japan USD 33000.

Taiwanese will keep idolizing Japan and probably S Korea if there are no improvement and ability to outperform Japan and S Korea.

This post has been edited by Hugham: Apr 22 2011, 11:53 AM
Go to the top of the page
 
+Quote Post
badparticle
post Jun 29 2011, 11:32 AM
Post #15


AF Addict
Group Icon

Group: Members
Posts: 818
Joined: 4-June 07




The majority of Taiwanese is poorer than Japan and Korea.

Unemployment rate is higher than Japan and Korea.
Minimum wage is lower, Salary is lower..
Quality of life is worse.
Go to the top of the page
 
+Quote Post
lizzieAngelina
post Aug 5 2011, 02:10 AM
Post #16


AF Fan
Group Icon

Group: Members
Posts: 26
Joined: 9-June 11




Maybe it because Taiwan is rich in natural resources
Go to the top of the page
 
+Quote Post
Hugham
post Aug 5 2011, 09:54 AM
Post #17


AF Pro
Group Icon

Group: Members
Posts: 1,314
Joined: 28-February 10




When seeing GDP per capita in PPP, people usually want to know the living standard of the people there.

In my opinion, the most accurate is the minimum salary standard, since this is reflecting the real condition and financial situation of the general people in majority.
Go to the top of the page
 
+Quote Post
lettucebecereal
post Aug 5 2011, 05:07 PM
Post #18


AF Fan
Group Icon

Group: Members
Posts: 61
Joined: 10-May 11




So Taiwan is similar to South Korea in terms of wealth?
Go to the top of the page
 
+Quote Post
VJDay
post Aug 5 2011, 09:42 PM
Post #19


AF Geek
Group Icon

Group: Members
Posts: 212
Joined: 27-June 11




Because Taiwan is better than Korea and Japan.
Go to the top of the page
 
+Quote Post
Jphu8414
post Aug 6 2011, 12:53 PM
Post #20


AF Fan
Group Icon

Group: Members
Posts: 40
Joined: 6-August 11
From: The US of A




Taiwan is a great place!
Long live Taiwan, true china
Go to the top of the page
 
+Quote Post

2 Pages V   1 2 >
Reply to this topicStart new topic

 



Lo-Fi Version Time is now: 26th November 2014 - 08:41 PM