Comment by xpe
2 years ago
Typical how? Weight as defined how? Here is one way of looking at it.
First, look at purchasing power of various governments. See https://www.cia.gov/the-world-factbook/field/real-gdp-purcha....
> Real GDP (purchasing power parity): GDP (purchasing power parity) compares the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States.
Second, look at COGS for Apple: "Apple annual cost of goods sold for 2021 was $212.981B" according to https://www.macrotrends.net/stocks/charts/AAPL/apple/cost-go.... COGS is arguably "close enough" to a nation-state's GDP to make for a useful comparison.
Given the above two, if Apple were a country with a GDP matching its COGS, it would rank about 66th, using a mix of 2022/2021 numbers from the sources above:
1 China $24,861B
2 United States $21,132B
3 India $9,279B
4 Japan $5,126B
5 Germany $4,523B
6 Russia $4,027B
7 Indonesia $3,246B
8 United Kingdom $3,136B
9 Brazil $3,128B
10 France $3,048B
11 Turkey $2,817B
12 Italy $2,478B
13 Mexico $2,418B
14 South Korea $2,289B
15 Canada $1,832B
...
36 Switzerland $618B
37 Belgium $600B
38 Sweden $580B
39 Singapore $578B
40 Ireland $516B
...
63 Kenya $251B
64 New Zealand $220B
65 Burma $217B
66 Dominican Republic $207B
67 Angola $204B
68 Kuwait $192B
69 Ecuador $190B
70 Belarus $184B
...
150 Namibia $23.1B
151 Kosovo $21.2B
152 South Sudan $20.0B
153 Iceland $20.0B
154 Somalia $19.4B
...
220 Palau $248M
221 Falkland Islands $206M
222 Anguilla $175M
223 Montserrat $167M
224 Nauru $149M
225 Wallis and Futuna $60M
226 Tuvalu $55.2M
227 Saint Helena... $31.1M
228 Niue $18.7M
229 Tokelau $7.7M
But I wouldn't stop here. What happens if we compare Apple's COGS with the _technology spend_ of each of the nation-states above? If we estimate that 10% of GDP is technology-related, making it comparable to Apple, then Apple's ranking would be 15th on the list, right in front of Canada.
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