On GDP size, exports, FDI, and electricity generation

On GDP size, exports, FDI, and electricity generation March 18, 2025 | 12:02 am My Cup Of Liberty By Bienvenido S. Oplas, Jr. https://www.bworldonline.com/opinion/2025/03/18/659818/on-gdp-size-exports-fdi-and-electricity-generation/ In comparing the GDP size of countries, I use the purchasing power parity (PPP) values, not current values for two reasons. One is that PPP adjusts prices of a comparable basket of commodities that reflect varying standards of living in various nations, each of which has its own currency. And two, PPP values are consistent with electricity generation numbers, and these are in terawatt-hours (TWh), not in currency values. For this column I have compared the data of major economies in the world plus ASEAN-5 in 2008 and 2023, 15 years apart. I took GDP size — the values of the flow of goods and services in one year — at PPP values, and compared it with levels of power generation, merchandise (or goods) exports, and foreign direct investment (FDI) ...