Economic League Table Mar 17th
Kaleb
I was going to write this on Friday but real life events kept me slightly preoccupied (UK citizens will know what I'm referring to! 😃
)
So here is the slightly delayed weekly economic report. %age changes are from the 29th of Feb so people can see how the current governments are handling their economies since (re)election! Am keeping track of the top 18 countries now (Canada, Italy and Ireland added). But for per/capita per/worker stats I will only use the top 10 by workforce. There is also some abiguity between the unemlpyment rate and the 'employees' figure on the national economy pages so my figure is workforce = population x (1-unemployment rate).
POPULATION
1 Sweden 2612 (-)
2 Indonesia 1229 (-)
3 Norway 1110 (-)
4 Spain 865 (-)
5 Portugal 646 (-)
6 Pakistan 607 (+1)
7 USA 542 (-1)
8 UK 533 (-)
9 Iran 507 (+1)
10 Romania 488 (-1)
11 Turkey 329 (-)
12 France 265 (+2)
13 Netherlands 262 (-1)
14 Brazil 233 (-1)
15 Italy 222 (NE)
16 Canada 216 (NE)
17 Venezuela 202 (-2)
18 Ireland 158 (NE)
POPULATION CHANGE
1 Indonesia -3.2%
2 Pakistan -3.5%
3 Iran -7.0%
4 France -9.6%
5 Romania -10.1%
6 Portugal -11.3%
7 Netherlands -11.5%
8 UK -11.8%
9 Spain -11.9%
10 Sweden -13.9%
11 Norway -17.3%
12 USA -19.1%
13 Venezuela -23.5%
14 Turkey -23.5%
15 Brazil -48.3%
Comment: The populations in all countries are dropping, some by massive numbers. In my view the lack of an easy-to-use guide is hindering people from properly engaging in a game that has hidden depths but is not that easy to get into. Perhaps new community-led sites will help fill this gap?
WORKFORCE
1 Sweden 1262 (-)
2 Indonesia 770 (-)
3 Norway 697 (-)
4 Spain 539 (-)
5 Pakistan 451 (-)
6 Iran 360 (+1)
7 UK 348 (+1)
8 Portugal 322 (-2)
9 Romania 275 (+1)
10 USA 258 (-1)
11 Turkey 217 (-)
12 France 187 (-)
13 Netherlands 150 (+1)
14 Italy 145 (NE)
15 Canada 143 (NE)
16 Brazil 129 (-1)
17 Venezuela 128 (-4)
18 Ireland 96 (NE)
Comment: When you look at the workforce figures Sweden isn't quite as big a behemoth as it seems...
WORKFORCE CHANGE
1 Pakistan 8.4%
2 UK 5.9%
3 Spain -1.4%
4 Indonesia -4.3%
5 Romania -10.7%
6 Norway -11.9%
7 France -12.9%
8 Iran -13.2%
9 Sweden -13.3%
10 USA -16.5%
11 Turkey -17.0%
12 Venezuela -17.2%
13 Portugal -18.6%
14 Brazil -20.9%
15 Netherlands -21.1%
Comment: Pakistan and the UK are the only 2 countries with a growing workforce. Could the 4chan be seeing a resurgence now that the war mod is nearing?
GDP
1 Sweden 8384.33 (-)
2 Spain 4212.8 (-)
3 Norway 3626.95 (-)
4 Indonesia 3300.57 (-)
5 UK 2634.96 (+1)
6 Portugal 2230.69 (-1)
7 Iran 2007.57 (+2)
8 Romania 1746.58 (-1)
9 USA 1503.73 (+2)
10 Pakistan 1494.09 (-2)
11 Turkey 1387.02 (-1)
12 France 1260.47 (+1)
13 Brazil 985.5 (-1)
14 Italy 854.25 (NE)
15 Venezuela 848.95 (-1)
16 Canada 792.15 (NE)
17 Netherlands 603.25 (-2)
18 Ireland 584.7 (NE)
Comment: the UK has overtaken Portugal in GDP now and enters the top 5 economies for the first time.
GDP GROWTH
1 Iran 50.2%
2 USA 15.7%
3 UK 9.5%
4 France 5.8%
5 Netherlands 5.2%
6 Spain 4.7%
7 Venezuela 2.1%
8 Romania -4.5%
9 Turkey -9.2%
10 Norway -14.6%
11 Indonesia -18.4%
12 Portugal -18.5%
13 Pakistan -20.2%
14 Sweden -21.8%
15 Brazil -31.7%
Comment: Iran has by far the largest GDP Growth rate. No surprise really when you consider the size of the economy a month ago and the fact that they have had nearly 1600G worth of investment in their economy in the last 30 days. But will this growth be sustainable? For long-standing economies thought the prize goes to the USA. Perhaps the new US government's economic policies are paying off despite the controversy around them. Amongst the large economies the prize goes to the UK with nearly 10% growth in two weeks.
RER
1 Ireland 9.65
2 Spain 12.2
3 Sweden 12.23
4 Indonesia 15.11
5 UK 16.67
6 Norway 23.35
7 Romania 29.03
8 USA 29.26
9 Iran 30.89
10 Netherlands 34.82
11 France 36
12 Canada 36.37
13 Portugal 39.06
14 Turkey 43.83
15 Pakistan 46.34
16 Italy 46.46
17 Brazil 49.33
18 Venezuela 58.97
Comment: Ireland shows itself as having the lowest average prices in Erepublik and Spain overtakes Sweden as having the lowest average prices.
RER CHANGE (Inflation/Deflation)
1 Sweden 18.5%
2 Indonesia 11.2%
3 Portugal 7.3%
4 UK 4.0%
5 Norway -1.3%
6 Pakistan -1.9%
7 France -3.9%
8 Netherlands -5.2%
9 Spain -7.6%
10 Brazil -9.5%
11 Iran -10.9%
12 Turkey -14.4%
13 Romania -15.1%
14 USA -19.6%
15 Venezuela -19.9%
Comment: The recent devaluation of SEK in recent weeks (the government sold money significantly below the market rate) has shown itself in the RER of SEK. Prices are most stable in the UK, Norway, Pakistan and France.
GDP/Capita
1 UK 4.94 (+1)
2 Spain 4.87 (-1)
3 Iran 3.96 (+1)
4 Romania 3.58 (-1)
5 Portugal 3.45 (-)
6 Norway 3.27 (+1)
7 Sweden 3.21 (-1)
8 USA 2.77 (+2)
9 Indonesia 2.69 (-1)
10 Pakistan 2.46 (-1)
Comment: The UK retakes it's position as number 1 in terms of per/capita wealth creation. The USA rises from the bottom to be replaced by Pakistan. But perhaps 4chaners don't care about their economy as long as they can go and conquer someone else's...?
GDP/WORKER
1 Spain 7.82 (-)
2 UK 7.57 (-)
3 Portugal 6.93 (+1)
4 Sweden 6.64 (+1)
5 Romania 6.35 (-2)
6 USA 5.83 (+2)
7 Iran 5.58 (-)
8 Norway 5.2 (-2)
9 Indonesia 4.29 (-)
10 Pakistan 3.31 (-)
Comment: It terms of wealth creation per worker Spain actually comes out on top of the UK and Iran actually comes 7th instead of 3rd. Indonesia and Pakistan are still bottom though.
GDP/WORKER CHANGE
1 Iran 73.1%
2 USA 38.6%
3 Romania 7.0%
4 Spain 6.1%
5 UK 3.3%
6 Portugal 0.1%
7 Norway -3.2%
8 Sweden -9.9%
9 Indonesia -14.7%
10 Pakistan -26.4%
Comment: Here Romania shows itself to be doing rather well as does Spain. Sweden's wealth per worker has dropped nearly 10% in the last 2 weeks.
Comments
I like reading these sort of articles. Hopefully Thailand can one day find itself in this league table. (Just give us a few years >_>)
Few Years??? Woah. This game will be different in a few years.
Good luck with thai 😃
US is growing!
Wow, go USA!
Glad to see our ideas having such a strong impact despite the drastic drop in our population.
Thanks for putting Ireland in. Nice Job again Kaleb
Making random assumptions about Pakistan? UNTHINKABLE.
If I remember correctly, RER is based on the cost of products. Since Pakistan sets prices, we have a fairly high RER. (On a side note, is the current amount of money in the system/country count towards the RER? The average person\'s wage VS the prices?)
GDP is partly based on RER. (the value of the product is based on the value of the currency.) this is the most important part of Pakistan\'s economy because we really don\'t export to other countries or make new companies. This causes us to have low economic rating.
If something is wrong there, let me know - a greater understanding of this game is always nice.
Oh, and to your assumptions, we are always slowly recuiting. And we care, but there\'s really no point to increasing our RER/GDP.
RER is just a measure of average prices. GDP is essentially a measure of how many products have been produced AND sold by that nation\'s companies. so having a high or low RER doesn\'t really matter. the rate of change does though.
The GDP calculation still has flaws but we are already aware of what they are and will be fixing them as soon as the war mod is sorted out and working ok
Good job US!
By the way, congrats Kaleb!
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