What? What same league? China? India? We are not in the same league. China has a far smaşler GDP per capita than us, and more of the same goes for India.
I have already said Chinese GDP per capita was lower than us. I did not check Hindistan but sure theirs is much lower.
So again, I am still waiting for a country name.
In the graph I see that GDP growths for countries "in value" and NOT "in ratio" are almost the same. And when a country with big GDP grows its economy as much "IN VALUE" as a country with a small GDP, that means the GDP growth "RATE" is actually much smaller for the country with the bigger GDP than the country with the small GDP.
Well that is why I calculated first growth rates for nominal GDP per capita and then for GDP PPP per capita.
Equal share can only happen in communist shitholes where every one is "equally" poor.
Our cost of living is even lower than that of China! Every sollar means about 2.6 dollars of purchasing power in Turkey whereas every dollar means about 2.0 dollar of purchasing power in China! So that would mean every 1 dollar in china would mean 1.3 dollar of purchasing power in Turkey!
2017's China GDP per capita was 9K+.
I mean no offense,but if turkish lira can't regain it's value soon ,the GDP per capita of Turkey may surpassed by China this year,with appreciation of the chinese yuan exchange rate and methods of calculating China's GDP switching to SNA 2008 after 2018
So again, I am still waiting for a country name.
In the graph I see that GDP growths for countries "in value" and NOT "in ratio" are almost the same. And when a country with big GDP grows its economy as much "IN VALUE" as a country with a small GDP, that means the GDP growth "RATE" is actually much smaller for the country with the bigger GDP than the country with the small GDP.
Well that is why I calculated first growth rates for nominal GDP per capita and then for GDP PPP per capita.
Btw the PPP there does not stand for "per capita". It means "purchasing power parity".
So you need to add "per capita" after "GDP PPP".
And I had found an average growth rate of 8.2% for nominal GDP per capita and GDP PPP per capita right here:
https://defence.pk/pdf/threads/turk...at-is-its-economy.550731/page-3#post-10366335
As you can see there, the growth rate for both per capita values is "8.2%" yearly for all the 14 years from 2002 to 2016!
Equal share can only happen in communist shitholes where every one is "equally" poor.
Our cost of living is even lower than that of China! Every sollar means about 2.6 dollars of purchasing power in Turkey whereas every dollar means about 2.0 dollar of purchasing power in China! So that would mean every 1 dollar in china would mean 1.3 dollar of purchasing power in Turkey!
Here, your source:
https://www.numbeo.com/cost-of-livi...y&country2=China&city1=Istanbul&city2=Beijing
So as you can see from your own source, almost everything is far more expensive in Beijing than in Istanbul! And it says: "You would need around 11,965.07TL (18,843.24¥) in Beijing to maintain the same standard of life that you can have with 8,700.00TL in Istanbul (assuming you rent in both cities)."
So 12.000 / 8.700 = 1.37 ! Almost same as the ratio figure we had found before!
So that means our math checks out!
No I said "GDP PPP per capita" is not "GDP PPP". You seemed to imply that.
That sounds like cheap propaganda to me as I am sure you too know that real economic growth means "brute growth rate - inflation rate".
But, well you may not understand yourself. Growth rate is being calculated after excluding inflation data. Total GDP growth in ₺ currency is nearly %20 if we include inflation.
If we calculate rates by TL (like Soul did above), we grew. If use USD, shrank.
