₦airaland Forum

gallivant:
GDP is the output of a nation in $$; productivity. More cars, luxury goods and homes were sold in Kenya last year compared with Ethiopia. Which economy to you was most productive, ignoring your currency manipulation gibberish and the fact that they have double the size of our market?

Nominal GDP is a measure of a nation's productivity in dollar terms
meaning, you will have to convert a nation's currency to dollars to get that hence the manipulations.



PPP measures that same productivity of the nation by picking a scale which removes currency.

Hence economist dont compare two economies using Nominal GDP but PPP.

Now that ive taught you economics 101, never make the mistake.



Stop deceiving yourself that you purchased more houses or cars than Ethiopians.
Do you have a reading problem?
Your real estate market has collapsed with empty malls
empty office spaces and all of that.

buildings being confiscated by court order and all of that.

gallivant:
You are a blockhead. How productive do you need to be to get 16 IMF bailouts?

hello WAN KER


just return to your monosyllabic goon character.
this is beyond the capacity of your brain.


how many more chinese loans do you need to make your 53 million population more productive than 30 million ?

gallivant:
PPP doesn't indicate economic productivity, GDP does. Dude, do you even understand anything about the topic?

PPP puts the productivity of an economy on an equity scale.
Since we all know GDP measures productivity,
what do you think PPP ?

PPP is a measure of productivity without the nonsense of fiat currency manipulation


dumb dumb

tylann:
I wonder why people here engage this guy
He is a blockhead
He doesn't even understand what retail market is ??

you dont even have half the brain to understand economics.

Just go back to squirrelling with Tanzania

gallivant:
Biggest market doesn't always correlate with highest productivity. Just look at DRC, Ethiopia and Tanzania. Honestly economics is not your forte, go back to posting women.

their PPP already indicated they have higher productivities than Kenya


Worse of all, Ghana with 30 million people has a higher PPP than Kenya.
This means, an even higher productivity level per capita

Let say i know more than you

USA has more formal retail spaces than China but China has the largest retail market.
Now you see where going.

jl115:
Bro you don't know how gdp works... Rather leave it to the people that do!!

Austine1213:
SA has biggest formal retail sector, but nigeria has bigger ppp

yes you have a bigger formal retail sector but you dont have the biggest retail sector. Nigeria has the largest retail sector in Africa because it is a consumption economy. A real market economy

Egypt could have been the largest but it doesnt have the kind of labour force Nigeria has.

jl115:
does this sentence make sense to you?

read again and you will understand

gallivant:
The retail industry among others clearly tells you who among the two have a superior purchasing power parity. Of course you wouldn't know since the cedi is the most unstable currency in Africa after Zimbabwe. The same product could be double the price in less than a year in Ghana before you run crying to the IMF.

okay what you wrote above is thrash and im laughing

gallivant:
Only West Africans are doing the comparisons with Ethiopia. Ethiopians themselves are wiser.

The only advantage to their population is cheap labour otherwise it drags their overall economy down. For example their GDP per capita is very low hence why you are grasping on PPP with your dear hobbit life.

you are funny

Their population is propelling their economy and it is an advantage.

They have the biggest market in East Africa hence a huge productivity.

But hear we are a Zombie Kenyan trying to grow a brain.

per capital does not matter when comparing which of the two countries have the largest economy.

something you kenyan have been making noise about.

gallivant:
The Ethiopian population and land mass is more than double that of Kenya. Kenya is doing all right if you consider all the variables.

then dont compare yourself to them

cos you can't beat their economy.
They have their population as an advantage.

gallivant:
Lol

Do you have the data on Ethiopia retail?

You dont even need that to know which country has the biggest retail sector.


The PPP tells you all you need to know

hes mad

wizzzmike:
with our hot weather do you want us to wear suit and tie villager

good

Austine1213:
ok

Stevoh18:
No problem, just loving how you utilize those curtains

They are still better uniforms than the mess your students wear

Here, each school has at least 5 different uniforms

Austine1213:
But i think you know that economic growth and development cannot only be measured by PPP, GDP

Also HDI, GDP per capita, and many other things

now you sound funny

Because we were only talking about the economic size of both countries.

Stevoh18:
Ghana's school uniforms

and your problem exactly ?

Shma:
how can somebody post insanities! Or you are just running your mouth for trolling sake . Anyway bro. You have won, am now with kazikazi please give us humble time, I beg

insanities stern from conspiracy theories and illusions

Shma:
Kazi, please tell your Ghanaian brother not to interrupt our debate. Today is just me and you. When interrupted I will cut it short .

just stop posting insanities and maybe i will grant you the favour

Shma:
why are you quoting me bro . Look at your mates in Uganda and quote them, am done with you boy. Lemme deal with kazikazi.

mad already?



go and fight kenyatta
help them help you.

Shma:
Giants of Africa. West,north, south,east

Nigeria is giant because it has a 1.27 trillion economy

Egypt is giant because it has a 1.5 trillion economy

you know the rest

Shma:
Giants of Africa. West,north, south,east

you're too desperate to be giant

build your economy and maybe you can

Shma:
all in all the message is home . Byee

aww

Truths hurt so badly

Shma:
but at least Tanzania is far more developed than Ghana. On ground.

whiles youre at it

Tanzania wishes it was.

Shma:
I just gave you the list of economic giants. What else do you want me to see? Just go read that to yourself.

so desperate

Now that you've accepted the facts
You can go and work to build your economy.

Shma:
I just gave you the data, your economy level is on the same level with Tanzania but tz are ahead of you in terms of infrastructure. Now go kill yourself

update yourself kiddo and stop posting blogs



you spark of desperation

so badly

whiles you are at it

this is the size of the Ethiopian economy.
https://www.imf.org/external/datamapper/profile/ETH



Just so you know, The Tanzanian economy is also larger than kenya by 0.4 billion

Shma:
Africa biggest economies
The 2019 estimates are as follows:[7][8][9][10]

GDP (Nominal) of Africa 2019

Nigeria (18.13%)
South Africa (15.13%)
Egypt (12.21%)
Algeria (7.49%)
Morocco (4.94%)
Kenya (4.04%)
Angola (3.76%)
Ethiopia (3.71%)
Ghana (2.78%)
Tanzania (2.78%)
Other Countries (27.81%)
2019 Rank Country Nominal GDP
($ billions) Nominal GDP
per capita (US$)

Notes
- ECOWAS 668.601 1,708.05
1 Nigeria 444.916 2,233.45
2 South Africa 371.298 6,331.46
3 Egypt 299.589 3,019.72
- EAC 210.167 1,257.48
4 Algeria 183.687 4,229.78
5 Morocco 121.350 3,409.95
6 Kenya 99.246 2,010.51
7 Angola 92.191 3,060.02
8 Ethiopia 90.968 951.10

hahaha


why so desperate

the IMF data is there for you.

Shma:
according to your dysfunctional brain

Shma:
Kenya - East Africa's economic powerhouse : Monday, 23rd April 2018 : 4Hoteliers
https://mobile.4hoteliers.com › story

still means nothing when Ethiopia economic size is 262 billion and yours is 206 billion.

Shma:
You don't have to quote that desperate Ghanaian, the moment you show him the reality he will forever live in pain and denial I just told him there dwarf Accra is only in the level of KISUMU and that truly touched his nerves . The guy can even commit suicide when he hears anything to do with success in kenya. To be honest bro, Accra is not even to the level of Dar talkless of Addis Ababa , and the guy is busy trying to show how Dar is learning from Accra. . Accra needs to learn from Dar before engaging in any Nai related discussion. On other side, Ethiopia s economy is one of the fastest growing in Africa but not yet to Kenya's economy level, it is good to ignore that fool. The debate with him will never end, trust me

you are really desperate

You cant change the facts

You wish you could be like Ghana but you cant.

We know Ethiopia has a larger economy than Ghana.


dont worry, nairobi may be able to catch up with Accra if it decide to do things right.

Austine1213:
What is a purchasing power? How do you define it?

its a measure of economic might on an equity scale.
And it is not my definition but all Economist

Austine1213:
Also in terms of tourism, retail sector, also infrastructure

IT ALL MEANS NOTHING WHEN THEIR PURCHASING POWER IS LESSER THAN ETHIOPIA.
WHICH MEANS, WHOEVER TOLD YOU THAT KENYA HAVE A LARGER RETAIL SECTOR DOES NOT HAVE DATA ON ETHIOPIA.