Anyone have any stats about this? I think it can happen within less than 5 years if current trends continue. That would be quite an achivement I would say, with all the development help East Germany has gotten. What do you say?

East Germany? Are there any accessible stats for it?
Surpass? In what? Purchasing power, GNI, GDP, employment, competitiveness?

I have no any idea about it... before 1989 and shortly after I was able to distinguish Germans from Eastern and Western part easily by their cars. Now they are same for me and I've nearly forgot there used to be some East Germany.

If you don't count Berlin East Germany is still more comparable with eastern than western Europe. I think it's possible that Czech republic and Slovakia as well with their massive economic growth will surpass the former East Germany which is now rather in economic depression. Although, I can't guess when it will happend.

I doubt either of the Eastern European countries (including Slovenia) will surpass East Germany within 10-20 years. Especially with Merkel in charge. :)

-Ataman

Heh, well, actually, some regions in Eastern Germany are already poorer than both Slovenia and the Czech Republic..

Heh, well, actually, some regions in Eastern Germany are already poorer than both Slovenia and the Czech Republic..

But how about the whole of Eastern Germany, including Berlin? It would be a big milestone I think. Are there many czechs working in the richer parts of Germany? Like Bavaria?

Heh, well, actually, some regions in Eastern Germany are already poorer than both Slovenia and the Czech Republic..

You could say the same thing about some regions in Southern France and Southern Italy. I wouldn't be surprised if Corsica's GDP per capita is lower than that of Bucharest.

-Ataman

I do not think so

Anyone have any stats about this? I think it can happen within less than 5 years if current trends continue. That would be quite an achivement I would say, with all the development help East Germany has gotten. What do you say?

current trends? East Germany's GDP growth surpasses the one of West Germany significantly. Just because they are catching up, as well as CZE or SVK do. In my opinion, there will be, once more, a clear nord-south unlike distribution of wealth within the European Union. Do not ask me why this is... but look at the data: countries of Central Europe are surpassing Southern Countries (Italy, Spain, Greece) and will catch up with France, Germany, Austria and the like. One day of course.

Czech Republic has a better geographical location and therefore will benefit more because of German, Dutch and Austrian FDI. Slovenia benefits most from Austria. Slovakia from these three countries as well, but not in the same amount.

And besides, sooner or later, the trend from inward FDI > outward FDI will change. Look at CEZ, for example. They are expanding and investing abroad because there is now a sufficient capital base. CEZ will be a good opportunity to make profits because it will become a possible takeover target.

http://www.matuska.org/jan/skyscrapercity/jn.png

current trends? East Germany's GDP growth surpasses the one of West Germany significantly. Just because they are catching up, as well as CZE or SVK do. In my opinion, there will be, once more, a clear nord-south unlike distribution of wealth within the European Union. Do not ask me why this is... but look at the data: countries of Central Europe are surpassing Southern Countries (Italy, Spain, Greece) and will catch up with France, Germany, Austria and the like. One day of course.

Czech Republic has a better geographical location and therefore will benefit more because of German, Dutch and Austrian FDI. Slovenia benefits most from Austria. Slovakia from these three countries as well, but not in the same amount.

And besides, sooner or later, the trend from inward FDI > outward FDI will change. Look at CEZ, for example. They are expanding and investing abroad because there is now a sufficient capital base. CEZ will be a good opportunity to make profits because it will become a possible takeover target.

http://www.matuska.org/jan/skyscrapercity/jn.png

Well, Spain and Greece are growing about 4% and in the case of Spain european rent is with Italy about 100% of european average. So i didnt see yet Czech republik or Poland surpassing Spain or Greece. Portugal is very possible (the lowest rate of growth in Europe and with a 68% of the european average. They were surpassed already by Slo0venia)

I copied Eurostat regional figures of GDP (PPS per capita) from 2004 (the latest), so you can do image yourself

Czechia 16171.3
1st Praha 33783.9
2nd Stř.Čechy 15023.9
last Stř.Morava 12856.4
(8 NUTS 2 regions)

Hungary 13751.3
1st Köz.-Mag. 21836.8
2nd Nyu.-Dun. 14359.0
last Ész.-Alf. 9002.6
(7 NUTS 2 regions)

Slovakia 12196.2
1st Bratisl.kraj 27801.6
2nd Záp.Slov. 11335.9
last Vých.Slov. 9102.4
(4 NUTS 2 regions)

Poland 10908.4
1st Mazow. 16523.2
2nd Slaskie 12260.2
last Lubels. 7568.1
(16 NUTS 2 regions)

German NUTS 2 regions with lowest GDP PPS
Germany 24903.2
Dessau 16294.8
Brand.-Nordost 16384.8
Meckl.-Vorpom. 16894.7
Thüringen 17508.2

East Germany is quite developed now don't you think? Maybe you're forgeting that Berlin is also par of EG. Because of this significant recovering of EG in the past few years, today the whole Germany is experiencing the highest economy growth since the unification.

I copied Eurostat regional figures of GDP (PPS per capita) from 2004 (the latest), so you can do image yourself

Czechia 16171.3
1st Praha 33783.9
2nd Stř.Čechy 15023.9
last Stř.Morava 12856.4
(8 NUTS 2 regions)

Hungary 13751.3
1st Köz.-Mag. 21836.8
2nd Nyu.-Dun. 14359.0
last Ész.-Alf. 9002.6
(7 NUTS 2 regions)

Slovakia 12196.2
1st Bratisl.kraj 27801.6
2nd Záp.Slov. 11335.9
last Vých.Slov. 9102.4
(4 NUTS 2 regions)

Poland 10908.4
1st Mazow. 16523.2
2nd Slaskie 12260.2
last Lubels. 7568.1
(16 NUTS 2 regions)

German NUTS 2 regions with lowest GDP PPS
Germany 24903.2
Dessau 16294.8
Brand.-Nordost 16384.8
Meckl.-Vorpom. 16894.7
Thüringen 17508.2

Nice! Thanks. Could you give me the link please? :)

^sure http://epp.eurostat.ec.europa.eu/portal/page?_pageid=1996,39140985&_dad=portal&_schema=PORTAL&screen=detailref&language=en&product=Yearlies_new_regio&root=Yearlies_new_regio/F/fa/fab/fab11024
;)

East Germany is quite developed now don't you think? Maybe you're forgeting that Berlin is also par of EG. Because of this significant recovering of EG in the past few years, today the whole Germany is experiencing the highest economy growth since the unification.

I think EG is still burden for WG and will remain as that for a few years yet.

Maybe it's true. Nevertheless the improvement in EG economy in past few years is remarkable... I personally think that Czech Republic can't match with EG but it is definitely a good thing that you tend to improve yourself and hopefully someday (maybe even in the nearby future) things will change. :cheers:

Maybe it's true. Nevertheless the improvement in EG economy in past few years is remarkable... I personally think that Czech Republic can't match with EG but it is definitely a good thing that you tend to improve yourself and hopefully someday (maybe even in the nearby future) things will change. :cheers:

None of excommunist countries can't match with EG as none of those have richer and larger brother in the West.
But Eastern Europe is gaining on the West as a whole for many years now so the time we can match with EG will come some day for sure.

None of excommunist countries can't match with EG as none of those have richer and larger brother in the West.
But Eastern Europe is gaining on the West as a whole for many years now so the time we can match with EG will come some day for sure.

I sure hope so.

Slovenia is at the same level I suppose.

Slovenia 17919.8
figures for 2004

Slovenia 17919.8
figures for 2004

17919.8 what? (: and besides, 2004 are far too old figures to be used in countries with a rapid growth. (:

Use this link: http://epp.eurostat.ec.europa.eu/portal/page?_pageid=1996,39140985&_dad=portal&_schema=PORTAL&screen=detailref&language=en&product=EU_yearlies&root=EU_yearlies/yearlies/B/B1/B11/daa10000

http://www.matuska.org/jan/skyscrapercity/jn.png

^ we are talking about regional GDP, see posts above, latest regional available data from Eurostat are from 2004... unit of measurement doesn't matter, important is comparison amongst countries.

^ we are talking about regional GDP, see posts above, latest regional available data from Eurostat are from 2004... unit of measurement doesn't matter, important is comparison amongst countries.

1. unit of measurement does matter, at least state next time that 17919.8 stands for GDP per capita PPS

2. 2004 unfortunately does not reflect current situation (although I know that for NUTS II a region has 2 years time to provide data to the Eurostat)

Best regards,

http://www.matuska.org/jan/skyscrapercity/jn.png

Can we safely conclude that the Czech Republic is already richer than Eastern Germany by GDP PPP per capita? The numbers from 2004 is certainly encouraging. And as we all know, the Czech Republic has grown briskly in the last two years.

1. unit of measurement does matter, at least state next time that 17919.8 stands for GDP per capita PPS


it was implicitly apparent within context, you should read whole thread next time

Can we safely conclude that the Czech Republic is already richer than Eastern Germany by GDP PPP per capita? The numbers from 2004 is certainly encouraging. And as we all know, the Czech Republic has grown briskly in the last two years.

By all manners of means we can say that Slovenia had surpassed E.Germany in GDP (PPP) per capita few years ago. But that's not that surprising I guess.

Problem of E.Germany is that labour costs and prizes are almost same as in W.G., but in productivity it is far behind. And that causes low global competitiveness and lack of foreigner investements (except those patriotic from W.G.).

By all manners of means we can say that Slovenia had surpassed E.Germany in GDP (PPP) per capita few years ago. But that's not that surprising I guess.

Problem of E.Germany is that labour costs and prizes are almost same as in W.G., but in productivity it is far behind. And that causes low global competitiveness and lack of foreigner investements (except those patriotic from W.G.).

If Slovenia surpassed EG a few years ago, then the Czech Republic has as well, since Slovenia has $23800 and the Czech Republic has $23100 per capita GDP PPP. The Czech Republic might surpass even Slovenia in a few years. http://www.imf.org/external/pubs/ft/weo/2007/01/data/weorept.aspx?sy=2004&ey=2008&scsm=1&ssd=1&sort=country&ds=.&br=1&c=935%2C961&s=NGDP_RPCH%2CPPPPC&grp=0&a=&pr1.x=30&pr1.y=1

That situation in EG is really a bad one. It's pissing it's pants to keep warm.

Those are just speculations. Maybe comparison of pure purchasing power would say more than these GDP figures. I'm quite sure that e.g. pensioners in E.G. have bigger purchasing power than ours.
And if you cross borders between CZ and EG, there is clearly visible difference, most villages in EG have better infrastructure, better roads, commieblock are all repaired (or were demolished) etc. You see those money from their western brothers everywhere...
True is that many people left EG (I heard about 2 millions ppl), because in the west there are much more work opportunities a higher living standard too. This depopulation is one of biggest problems in EG IMO.

Guys, you are looking statistics, but more important is reality!!! Major part of politicians are abusing statistics to puzzle reality. So just looking reality, not only statistics!!!! :)

^ statistics should reflect the reality, at least I hope... :)

^ statistics should reflect the reality, at least I hope... :)

I think that headshott wanted to point out that two facts for two separate countries being alike do not mean that the living in these countries is alike. Compare the "socialist" system in Slovakia or Hungary with the socialist system in the nordic countries.

http://www.matuska.org/jan/skyscrapercity/jn.png

I think that headshott wanted to point out that two facts for two separate countries being alike do not mean that the living in these countries is alike. Compare the "socialist" system in Slovakia or Hungary with the socialist system in the nordic countries.

http://www.matuska.org/jan/skyscrapercity/jn.png

If the GDP PPP per capita is the same, then this means that the countries are equally rich. It doesn't tell how the income equality is though, but this can be found in other statistics. AFAIK, both Slovenia and the Czech Republic have very egalitarian societies compared to other European countries.

I copied Eurostat regional figures of GDP (PPS per capita) from 2004 (the latest), so you can do image yourself

Czechia 16171.3
1st Praha 33783.9
2nd Stř.Čechy 15023.9
last Stř.Morava 12856.4
(8 NUTS 2 regions)

Hungary 13751.3
1st Köz.-Mag. 21836.8
2nd Nyu.-Dun. 14359.0
last Ész.-Alf. 9002.6
(7 NUTS 2 regions)

Slovakia 12196.2
1st Bratisl.kraj 27801.6
2nd Záp.Slov. 11335.9
last Vých.Slov. 9102.4
(4 NUTS 2 regions)

Poland 10908.4
1st Mazow. 16523.2
2nd Slaskie 12260.2
last Lubels. 7568.1
(16 NUTS 2 regions)

German NUTS 2 regions with lowest GDP PPS
Germany 24903.2
Dessau 16294.8
Brand.-Nordost 16384.8
Meckl.-Vorpom. 16894.7
Thüringen 17508.2

There is a problem in Poland because Mazowieckie is counted together with Warsaw and Mazow. exceed 75% of EU average (the condition to get a funds from EU is have GDP lower then 75% of EU averge). Warsaw alone is quite a rich city but the surrounding is very poor. There is idea to extract Warsaw from province as a separate region like it was done with Prag in Czech Republic. In other case level of development in Mazowieckie will be the most
diversed in whole EU.

Please remember the Czech (especially Prague region) was the richest and most developed in whole Austro-Hungarian empire. So I think it is matter of time Czech will be as rich as Austria is.

Of course I wish my city - Wrocław(Breslau) to achieve a status it had before WWII :)

If the GDP PPP per capita is the same, then this means that the countries are equally rich. It doesn't tell how the income equality is though, but this can be found in other statistics. AFAIK, both Slovenia and the Czech Republic have very egalitarian societies compared to other European countries.

Unfortunately I do not think that the PPP standard means that much of equality among countries with higher differences in the value. For first the consumer basket according to which the parity is calculated is different. Secondly, although the living costs in a country may be higher (thus reducing your GDP PPP), its citizens have more money to spent in cheaper countries, thus becoming richer. Thirdly, GDP PPP is a nice indicator, but GNP should be considered as well. How many people transfer money to their own country? From the country you live in? Another fact is that - as you mentioned - the income distribution may not be equal. If a company generates profits and increases the overall GDP in a country, it may still pay relatively low wages (id est GDP PPP rises but you do not have more in your pockets)... and so on and so forth.

Another aspect is leisure time that is not calculated in the values. Maybe they should introduce HDI for NUTS2 as well... or do they exist?

Nevertheless, GDP PPS pc standard is much more suitable for comparing the living costs and wealth than solely the GDP pc.

boogo: one day the Czech Republic will be "as rich as" Austria, but most probably you will not be here to see it (provided no special events - exempli gratia wars - occur). But: Prague itself has the potential to catch up with richer Austrian regions.

http://www.matuska.org/jan/skyscrapercity/jn.png

Use the HDI index for measuring living standars in countries. Its the best ranking system out there.

Here is a link to wikipedia which has the UN Human Development Index ranking of all countries...Czech Republic is #30 on there. If you want more info on this go search the UN site.

http://en.wikipedia.org/wiki/List_of_countries_by_Human_Development_Index#endnote_2

Please remember the Czech (especially Prague region) was the richest and most developed in whole Austro-Hungarian empire. So I think it is matter of time Czech will be as rich as Austria is.
Yeah, and before WW2, Estonia was richer than Finland....Wars change everything.

If Slovenia surpassed EG a few years ago, then the Czech Republic has as well, since Slovenia has $23800 and the Czech Republic has $23100 per capita GDP PPP. The Czech Republic might surpass even Slovenia in a few years. http://www.imf.org/external/pubs/ft/weo/2007/01/data/weorept.aspx?sy=2004&ey=2008&scsm=1&ssd=1&sort=country&ds=.&br=1&c=935%2C961&s=NGDP_RPCH%2CPPPPC&grp=0&a=&pr1.x=30&pr1.y=1

That situation in EG is really a bad one. It's pissing it's pants to keep warm.

----------------------
This, of course, will not happen in 30 years from now since there is still a huge difference between Slovenia and Czech Republic, while the growth rates are almost the same. Currently the Slovenia stands at 85% of EU25 average, while Czech Republic stands at 77%, measured in PPP. So, still a long way to go for CZ.

Another thing. You are comparing the level of development of the two countries in PPP adjusted terms and not in real terms. The reality is different.
CZ has GDP/capita cca. 8600€, while SI GDP/capita is 14000€. The difference is here almost a double. A superior quality of life in SI is obvious.

GDP/capita PPP for Prague (cca. 33000€) is for example distorted for two reasons. First being that Prague is a relatively cheap city and the second being that a lot of people who do not live in Prague work in Prague and generate income (GDP) in the city. Hence if GDP/capita PPP generated (industry, services...) in Prague is divided by only 1.2 mio real inhabitants instead of 2.5 mio who commute and work in this area and generate income, then the real picture is a bit deceiving. On the other hand, the near-by cities/towns in CZ show lower GDP/capita PPP than actually. Their purchasing power is only statistically lower (there is a similar problem with a highly distorted GDP /capita in Luxembourg, which has a lot of German, French and Belgian workers).

Finally, a macroeconomic climate in Slovenia is much more solid and stable than in the CZ, hence we are comparing a country with an easy projectable growth (SI), while CZ can expect to have still a lot of shocks (if you want to address CZ budget deficit and government spending (Euro Maastricht crieria) then the growth will suffer, and if you will want to spur that later, then the inflation problem might be looming on the horizont (similary what happened to Greece recently).

Well, I guess, this councludes my intervention here.

wow. I'm leaving now! I'll go to Slovenia, where the streets are paved with pure gold. Thanks for your info :)

----------------------
The reality is different.
CZ has GDP/capita cca. 8600€, while SI GDP/capita is 14000€. The difference is here almost a double. A superior quality of life in SI is obvious.


Do you come from Slovenia? :D Where do you get your data from? I actually do not believe in the numbers you present.

Ok, check this: http://epp.eurostat.ec.europa.eu/portal/page?_pageid=1996,39140985&_dad=portal&_schema=PORTAL&screen=detailref&language=en&product=Yearlies_new_economy&root=Yearlies_new_economy/B/B1/B11/daa10000

Slovenia (I assumed 2.00 million inhabitants): GDP pc at market prices: approximately 14,871 EUR in 2006

Czech Republikc (I assumed 10.28 million inhabitants): GDP pc at market prices: approximately 10,997 EUR in 2006

Forecast for 2008: Slovenia: 17,037 EUR, Czech Republic: 12,826

Resulting from the above mentioned is the following: Now, the Czech Republic has about 74% of Slovenia, in 2 years this will be about 75%.

And do not forget, ladies and gentlemen:

http://static.flickr.com/75/195983063_e380efd610.jpg

Ok, cu!

http://www.matuska.org/jan/skyscrapercity/jn.png

2006 GDP of East Germany: €347,460,000,000
2006 population of East Germany: 16,648,264
2006 GDP/head of East Germany: €20,870

http://www.statistik-portal.de/Statistik-Portal/de_jb27_jahrtab65.asp
http://www.destatis.de/download/d/bevoe/Bevoelkerung3106.pdf

East Germany's GDP growth surpasses the one of West Germany significantly.

"Slightly" would probably be the better term. Since 2000 East Germany growths on average about 0.5-1.0% faster than West Germany. Currently growth is around 3% in East Germany.

"Slightly" would probably be the better term. Since 2000 East Germany growths on average about 0.5-1.0% faster than West Germany. Currently growth is around 3% in East Germany.

1. 0.5 to 1.0% higher than in West Germany, when the overall economy grows by +- 1 to 2% is relatively high

(; numbers, provided that they are presented in the way we want them, can create various impressions

http://www.matuska.org/jan/skyscrapercity/jn.png

Do you come from Slovenia? :D Where do you get your data from? I actually do not believe in the numbers you present.

Ok, check this: http://epp.eurostat.ec.europa.eu/portal/page?_pageid=1996,39140985&_dad=portal&_schema=PORTAL&screen=detailref&language=en&product=Yearlies_new_economy&root=Yearlies_new_economy/B/B1/B11/daa10000

Slovenia (I assumed 2.00 million inhabitants): GDP pc at market prices: approximately 14,871 EUR in 2006

Czech Republikc (I assumed 10.28 million inhabitants): GDP pc at market prices: approximately 10,997 EUR in 2006

Forecast for 2008: Slovenia: 17,037 EUR, Czech Republic: 12,826

Resulting from the above mentioned is the following: Now, the Czech Republic has about 74% of Slovenia, in 2 years this will be about 75%.

And do not forget, ladies and gentlemen:

http://static.flickr.com/75/195983063_e380efd610.jpg

Ok, cu!

http://www.matuska.org/jan/skyscrapercity/jn.png


---------

No I actually come from Brussels:lol: And, I took the data from CIA World Factbook.

Slovenia (I assumed 2.00 million inhabitants): GDP pc at market prices: approximately 14,871 EUR in 2006

Czech Republikc (I assumed 10.28 million inhabitants): GDP pc at market prices: approximately 10,997 EUR in 2006

Forecast for 2008: Slovenia: 17,037 EUR, Czech Republic: 12,826

Resulting from the above mentioned is the following: Now, the Czech Republic has about 74% of Slovenia, in 2 years this will be about 75%.


Hahaha. This is a good joke! :lol:

I wonder what school system you went to, so you can calculate this well! ;)

Just kidding. Well just so you know I am assuming you were joking. But for everyone else I will give the real data. Lets be real! :)

Czech Republic

Population: 10,228,744 (July 2007 est.)

If we want to use your PPS (purchasing power standards) statistics then:

PPS per inhabitant: 18700 in 2006 (according to the data you provided, so it is not 14,871 as you say)

Slovenia

Slovenia — Population: 2,009,245 (July 2007 est.)

PPS per inhabitant: 20500 in 2006

Both numbers are estimates. So in other words Czech Republic has over 91% of PPS value of Slovenia. I would think it may be growing faster in GDP today as well then Slovenia so the numbers may get closer soon.

And by the way, forecasts for 2008, Czech Republic 21300 and Slovenia 23000 is 92.6%.

Cheers! :cheers:

For prosperity in EE and to weed out all the greed! :)

Ok, I know its getting worse, but I can dream, cant I? ;)

2006 GDP of East Germany: €347,460,000,000
2006 population of East Germany: 16,648,264
2006 GDP/head of East Germany: €20,870

http://www.statistik-portal.de/Statistik-Portal/de_jb27_jahrtab65.asp
http://www.destatis.de/download/d/bevoe/Bevoelkerung3106.pdf

I don't believe German sources ;)

Regarding Czech Rep x Slovenia GDP tug-of-war, I have these numbers released in April 2007 by IMF

Gross domestic product based on purchasing-power-parity (PPP) per capita GDP
2004 2005 2006 2007 2008
Czechia 19,432 21,191 23,100 24,679 26,237
Slovenia 20,862 22,260 23,843 25,265 26,763

Gross domestic product, constant prices - Annual percent change
2004 2005 2006 2007 2008
Czechia 4.2 6.1 6.1 4.8 4.3
Slovenia 4.4 4.0 5.2 4.5 4.0

Eurostat has same numbers (estimates for 2007 and 2008 are slightly different though)

Real GDP growth rate by Eurostat
2004 2005 2006 2007 2008
Czechia 4.2 6.1 6.1 4.9 4.9
Slovenia 4.4 4.0 5.2 4.5 4.0

However Czech statistical office released revised data of real GDP growth today, so in fact we grew faster
http://www.czso.cz/eng/csu.nsf/informace/ahdp060807.doc
2004 2005 2006
Czechia 4.6 6.5 6.4
In the 1st quarter of 2007 the growth was 6.1% so it's possible estimates above are wrong.

To sum it up: according to IMF, we may surpass Slovenia quite soon; next IMF Economic Outlook Database will be released in September 2007 so stay tuned ;) :cheers:

He is right as Slovenia has a full 25 point higher ranking on HDI index which would make it the 27th highest in the world while Czech republic is the 30th. Though the gap is closing it will still take some time for Czech republic to catch up. 30 years to catch up is in my opinion a bit pesimistic and 10-20 years would sound more like it and in the end I have no doubt that Czech republic will one day surpass Slovenia.

People have to rember that GDP figures are just numbers and sont translate in to the reality on the streets. For example UK is behind Italy, France, Austria, Ireland, Belgium, Switzerland and the Scandavanian countries in regards to the HDI index. So while UK has a strong growth and one of higher GDP's in Europe its quality of life for its people is lower then places such as France or Italy...the two countries that have been taking crap for slow growth and Italy also has a much lower GDP(Italy at the curent rate will be overtaken by Czech republic within the next 10 years in terms of GDP but again the reality is a bit different and wont be overtaken by Czech republic in quality of life for much longer).

In the end Czech republic is doing well and is on the right path and the diffence isnt that great anymore between it and western europe.

I have no doubt that Czech republic will one day surpass Slovenia.

This is just your subjective idea ;)

I've just read that Slovenia's real GDP grew 7.2% y-o-y in 1st quarter of 2007.
http://www.stat.si/eng/novica_prikazi.aspx?id=942
Well, hats off, they grow faster again... :)

I don't believe German sources ;)

Why? Are the figures to high in your opinion? I think they are shockingly low.

Hi,


If we want to use your PPS (purchasing power standards) statistics then:


I am not using PPS standard, I was talking about market prices. If you re-read the entire discussion, you will find a statement where Alexandros O'Megalos states the following:

Another thing. You are comparing the level of development of the two countries in PPP adjusted terms and not in real terms. The reality is different.
CZ has GDP/capita cca. 8600€, while SI GDP/capita is 14000€. The difference is here almost a double. A superior quality of life in SI is obvious.

Once more, check the site:

and scroll down, away from "PPS per inhabitant" to "Millions of euro (from 1.1.1999)/Millions of ECU (up to 31.12.1998)"

Recalculate your estimates and percentages and first then comment my results.

Please, consider the Czech Republic and Slovenia as Central Europe, not as Eastern Europe (where this two countries geographically do not belong to).

http://www.matuska.org/jan/skyscrapercity/jn.png

Why? Are the figures to high in your opinion? I think they are shockingly low.
Yes, the population number seems quite high to me, are there more ppl than in 1990? I can't say anything about GDP. For German average is low, but considering how East Germany looked like 17 years ago it's very good. It was amazing how quickly they changed their Trabis and Wartburgs for VW's, Opel's, BMW's, Audi's...

Yes, the population number seems quite high to me, are there more ppl than in 1990?

The term "East Germany" has changed its meaning since 1990. When people nowadays speak of "East Germany" they are meaning the combined area of the eastern German states Berlin, Brandburg, Mecklenburg-Pommerania, Saxony, Saxony-Anhalt and Thuringia.

In 1990 and earlier the term "East Germany" was in contrast used to describe the area formed by the country called "GDR". The GDR had a lower population than modern "East Germany" because the western half of Berlin was not part of it.

Hi,

and scroll down, away from "PPS per inhabitant" to "Millions of euro (from 1.1.1999)/Millions of ECU (up to 31.12.1998)"

Recalculate your estimates and percentages and first then comment my results.



I see now. The problem with your calculation is that you are using old data. How can you use data 10 years old? Currency valuations have changed big time since then. Czech crown is much stronger then it was in 1998, so the 2006 currency adjusted value for Czech Republic would be different. Same could be said perhaps for Slovenia. But this data does not show the actual current data! I just dont buy this data.

:cheers:

I see now. The problem with your calculation is that you are using old data. How can you use data 10 years old? Currency valuations have changed big time since then. Czech crown is much stronger then it was in 1998, so the 2006 currency adjusted value for Czech Republic would be different. Same could be said for Slovenia. But this data does not show the actual current data!

:cheers:

GDP at market prices is calculated with the observed nominal GDP within a year and the average annual exchange rate of the respective country's currency (if it is not the Euro). So what kind of 10 year old data do I use?

http://www.matuska.org/jan/skyscrapercity/jn.png

The term "East Germany" has changed its meaning since 1990. When people nowadays speak of "East Germany" they are meaning the combined area of the eastern German states Berlin, Brandburg, Mecklenburg-Pommerania, Saxony, Saxony-Anhalt and Thuringia.

In 1990 and earlier the term "East Germany" was in contrast used to describe the area formed by the country called "GDR". The GDR had a lower population than modern "East Germany" because the western half of Berlin was not part of it.

Now I see, thanks for explanation. So for purpose of this thread we should have numbers for East Germany area identical with exGDR. I'm afraid it will be quite difficult to find out current GDP of former West Berlin area... we can only estimate it from rough population of West Berlin ~ 2.1 mio ppl.