China’s Casino City Macau will have highest per capita GDP in 2020

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The IMF’s World Economic Outlook Update predicts Macau will behave the world’s highest per capita GDP of US$143,116 in 2020. Qatar will be second with US$139,151.

Qatar has a population of 2.5 million. Macau has a population of 650,000. Macau should have 750,000 in 2025.

The GDP of Macau would be about $95 billion in 2020.

This year the IMF ranked ­Macau, with a US$122,489 per capita GDP, second behind Qatar, for which it said the equivalent ­figure was US$128,702. Singapore was ranked fourth with US$98,014, just behind Luxembourg with US$110,870 while Hong Kong took 10th place with a per capita GDP of US$64,533.

9 thoughts on “China’s Casino City Macau will have highest per capita GDP in 2020”

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  6. Nah, this is just a weird result of classifying Macau as a separate “country”. It isn’t a full country with a full national economy, it is just a city, and not even including the outer suburbs. So you are comparing the center of an (admittedly economically vibrant) city to full nations with their rural areas and poorer suburban populations. Comparing apples to orange trees. The apples have a much higher % of food content. Big surprise, because the orange tree includes all the trunk and branches and roots. Imagine, if you will, if the US revolutionary war finished with the British refusing to hand back control of Manhattan to the rebels. Instead, Manhattan is a separate part of the British Commonwealth, as classified as a separate country. But in practice it is still the center of New York City. Would that make Manhattan the highest per capita GDP nation? Well on paper, yes. In reality it’s just the center of NYC, which in turn is just the city part of the North East USA. That’s the actual economy that you need to compare. Another historical possibility is that the “City of London” (which is a separate administrative region now comprising the center of London). The City of London was, in English history, often acting as an independent power center. It’s perfectly possible that the UK could have ended up as the United Kingdom of England, Wales, Scotland, Northern Ireland and the City of London. Would that actually be meaningful now that the lines on the map make COL the 2nd richest per capita nation in the world (Just behind Manhattan?) And they all get eclipsed once the Peoples Duchy of Bundesbank overthrows the yoke of their German oppressors anyway.

  7. Nah this is just a weird result of classifying Macau as a separate country””.It isn’t a full country with a full national economy”” it is just a city and not even including the outer suburbs. So you are comparing the center of an (admittedly economically vibrant) city to full nations with their rural areas and poorer suburban populations. Comparing apples to orange trees. The apples have a much higher {22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} of food content. Big surprise because the orange tree includes all the trunk and branches and roots.Imagine if you will if the US revolutionary war finished with the British refusing to hand back control of Manhattan to the rebels. Instead Manhattan is a separate part of the British Commonwealth as classified as a separate country. But in practice it is still the center of New York City. Would that make Manhattan the highest per capita GDP nation? Well on paper yes. In reality it’s just the center of NYC”” which in turn is just the city part of the North East USA. That’s the actual economy that you need to compare.Another historical possibility is that the “”””City of London”””” (which is a separate administrative region now comprising the center of London). The City of London was”” in English history often acting as an independent power center. It’s perfectly possible that the UK could have ended up as the United Kingdom of England Wales Scotland”” Northern Ireland and the City of London. Would that actually be meaningful now that the lines on the map make COL the 2nd richest per capita nation in the world (Just behind Manhattan?) And they all get eclipsed once the Peoples Duchy of Bundesbank overthrows the yoke of their German oppressors anyway.”””

  9. Nah, this is just a weird result of classifying Macau as a separate “country”.

    It isn’t a full country with a full national economy, it is just a city, and not even including the outer suburbs. So you are comparing the center of an (admittedly economically vibrant) city to full nations with their rural areas and poorer suburban populations.
    Comparing apples to orange trees. The apples have a much higher % of food content. Big surprise, because the orange tree includes all the trunk and branches and roots.

    Imagine, if you will, if the US revolutionary war finished with the British refusing to hand back control of Manhattan to the rebels. Instead, Manhattan is a separate part of the British Commonwealth, as classified as a separate country. But in practice it is still the center of New York City. Would that make Manhattan the highest per capita GDP nation? Well on paper, yes. In reality it’s just the center of NYC, which in turn is just the city part of the North East USA. That’s the actual economy that you need to compare.

    Another historical possibility is that the “City of London” (which is a separate administrative region now comprising the center of London). The City of London was, in English history, often acting as an independent power center. It’s perfectly possible that the UK could have ended up as the United Kingdom of England, Wales, Scotland, Northern Ireland and the City of London. Would that actually be meaningful now that the lines on the map make COL the 2nd richest per capita nation in the world (Just behind Manhattan?)

    And they all get eclipsed once the Peoples Duchy of Bundesbank overthrows the yoke of their German oppressors anyway.

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