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> GDP Romania 1938?
Mitzahol
Posted: September 21, 2007 04:11 pm
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How much was the GDP of Romania in 1938 ?
Or the National Budget?
In $ please.
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Imperialist
Posted: September 21, 2007 07:38 pm
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The budget for 1938 was 33.3 billion Lei with an exchange rate of 70 cents for 1 Leu. You do the math. wink.gif


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Mitzahol
Posted: September 21, 2007 08:08 pm
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well that in dollars is 23.3 billion $
Thank you very much Imperialist.
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Mitzahol
Posted: September 21, 2007 08:21 pm
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The Government expenditure in 1938 as Per cent of the GDP was:
France 23.2 %
Germnay 42.4%
Netherland 21.7%
UK 28.8 %
USA 19.8%
Japan 30.3%

Do you have an ideea how much per cent was in Romania?
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Imperialist
  Posted: September 21, 2007 09:39 pm
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QUOTE (Mitzahol @ September 21, 2007 08:21 pm)
The Government expenditure in 1938 as Per cent of the GDP was:
France 23.2 %
Germnay 42.4%
Netherland 21.7%
UK   28.8 %
USA  19.8%
Japan 30.3%

Do you have an ideea how much per cent was in Romania?


Your question actually helped me detect a mistake.
The number I offered was the Budget for 1938. The budget is obviously different from the GDP so I didn't actually answer you question.
Sorry for the mistake. I'll try and see if I can find something about the GDP but tomorrow.

This post has been edited by Imperialist on September 21, 2007 09:45 pm


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^All^
Posted: September 22, 2007 01:18 am
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QUOTE (Mitzahol @ September 21, 2007 06:11 pm)
How much was the GDP of Romania in 1938 ?

Whats GDP?
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Mitzahol
Posted: September 22, 2007 07:33 am
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The GDP means Gross Domestic Product and it is the total amount of services , industrial products and agricultural product done by a country in a year.

ex: Romania's GDP in 2007 is 157 billion dollars ana 10% is generated by agriculture, 35% by industry and 55% by services.
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^All^
Posted: September 23, 2007 05:46 pm
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QUOTE (Mitzahol @ September 22, 2007 09:33 am)
The GDP means Gross Domestic Product and it is the total amount of services , industrial products and agricultural product done by a country in a year.

ex: Romania's GDP in 2007 is 157 billion dollars ana 10% is generated by agriculture, 35% by industry and 55% by services.

So it's somewhat PIB (produsul intern brut)

P.S. Thanks for the explanation smile.gif
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Mitzahol
Posted: September 24, 2007 02:05 pm
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Pai daca Romania avea 110 dolari pe cap de locuitor in 1938 la preturile din 1938 si Franta avea 146 de dolari tot la pretu ala, plus ca Franta avea 5200 de dolari pe cap de locuitor PIB la preturile din 2000 , facem regula de 3 simplu si iese ca Romania avea in jur de 3900 de dolari pe cap de locuitor la preturile din 2000.

Aia inseamna ca PIB_ul total era de 77 de miliarde de dolari aprope jumatate din PIB-ul actual al Romaniei.

Deci PIB ROMANIA 1938 la dollari din 2000 = 77.000.000.000 ph34r.gif

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Imperialist
Posted: September 24, 2007 06:25 pm
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QUOTE (Mitzahol @ September 24, 2007 02:05 pm)
Pai daca Romania avea 110 dolari pe cap de locuitor in 1938 la preturile din 1938 si Franta avea 146 de dolari tot la pretu ala, plus ca Franta avea 5200 de dolari pe cap de locuitor PIB la preturile din 2000 , facem regula de 3 simplu si iese ca Romania avea in jur de 3900 de dolari pe cap de locuitor la preturile din 2000.

Aia inseamna ca PIB_ul total era de 77 de miliarde de dolari aprope jumatate din PIB-ul actual al Romaniei.

Deci PIB ROMANIA 1938 la dollari din 2000 = 77.000.000.000 ph34r.gif

Hi,

110 $ GDP per capita in 1938 are the equivalent of 7,309 $ per capita today.


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dead-cat
Posted: September 25, 2007 08:37 am
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the 157 billion is PPP adjusted and thus not "real money"
it is most likely that the mentioned 33 billion lei are nominal, so the comparision is flawed.
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Mitzahol
Posted: September 25, 2007 11:11 am
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no no dead-cat 157 billion dollars is in nominal values in PPP Romania has a GDP of nearly 240 billion dollars
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Mitzahol
Posted: September 25, 2007 11:15 am
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no Imperilialist 110 dollars has a value 3900 dollars that was the GDP per capital in today dollars
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Imperialist
Posted: September 25, 2007 05:33 pm
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QUOTE (Mitzahol @ September 25, 2007 11:15 am)
no Imperilialist 110 dollars has a value 3900 dollars that was the GDP per capital in today dollars

Use this:

http://www.measuringworth.com/calculators/compare/

check GDP per capita box, uncheck all the others, introduce 1938, 110 and 2006 and you will end up with a nominal value of 7,309 $ per capita today for a value of 110 $ per capita in 1938.


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dead-cat
Posted: September 27, 2007 02:17 pm
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QUOTE (Mitzahol @ September 25, 2007 12:11 pm)
no no dead-cat 157 billion dollars is in nominal values in PPP Romania has a GDP of nearly 240 billion dollars

according to the IMF it's 121 billion nominal. for 2006. whatever figure is given for 2007 it can be only an estimate as the year has 1 more quarter.
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