A Place to Stand

Having done my $nek figures for 75 countries I have decided to see how they correlate with growth rates taken from GeographyIQ. A lot of the fastest growing countries are tiny & I am omitting them as being prone to being statistical anomalies anyway or having discovered oil:

STATE-------GROWTH RATE-----------SNEK
4. Angola 15.00 %----------------$45.50*!
7. Kuwait 12.60 %-----------------$3.61*
12. China 10.70 %-----------------$2.45
14. Kazakhstan 10.60 %------------$2.21*
16. Venezuela 10.30 %-------------$4.59*
18. Belarus 9.90 %----------------$3.62
19. Sudan 9.60 %-----------------$27.00*
22. India 9.20 %------------------$6.12
23. United Arab Emirates 8.90 %---$3.17*
25. Argentina 8.50 %--------------$5.89
27. Slovakia 8.30 %---------------$4.40
28. Vietnam 8.20 %----------------$4.33
30. Afghanistan 8.00 %-----------$40.00!
Peru 8.00 %---------------------$9.50
33. Singapore 7.90 %--------------$6.33
38. Romania 7.70 %----------------$4.17
39. Sri Lanka 7.50 %-------------$11.57
46. Ukraine 7.10 %----------------$1.76
51. Colombia 6.80-----------------$8.21
Egypt 6.80 %------------------$4.81
Hong Kong 6.80 %----------------$7.30
55. Russia 6.70 %-----------------$2.12*
57. Bangladesh 6.60 %------------$10.89
Pakistan 6.60 %-----------------$6.11
62. Bulgaria 6.30 %---------------$3.32
66. Czech Republic 6.10 %---------$4.15
Libya 6.10 %--------------------$4.16*
68. Ireland 6.00 %----------------$7.75
73. Malaysia 5.90 %---------------$4.15
Serbia 5.90 %---------------not given
75. Poland 5.80 %-----------------$5.17
80. Finland 5.50 %----------------$2.11
Indonesia 5.50 %----------------$7.75*
85. Philippines 5.40 %------------$6.12
87. Nigeria 5.30 %---------------$17.18*
Turkey 5.30 %-------------------$6.88
93. Tunisia 5.10 %----------------$7.00
97. South Africa 5.00 %-----------$1.94
103. Israel 4.80 %----------------$4.33
Korea, South 4.80 %-------------$3.26
Mexico 4.80 %-------------------$7.34
Thailand 4.80 %-----------------$4.39
107. Sweden 4.70 %----------------$2.50
109. Norway 4.60 %----------------$2.17
Taiwan 4.60 %-------------------$3.14
120. Iran 4.30 %------------------$3.84
121. Chile 4.20 %-----------------$4.81
Greece 4.20 %-------------------$6.02
124. Ecuador 4.10 %--------------$11.00
129. Hungary 3.90 %---------------$5.33
Spain 3.90 %--------------------$5.56
134. Brazil 3.70 %----------------$4.99
138. Syria 3.50 %-----------------$2.56
146. Austria 3.30 %---------------$5.30
147. Denmark 3.20 %---------------$6.00
United States 3.20 %------------$3.62
153. Algeria 3.00 %---------------$8.03
Belgium 3.00 %------------------$4.53
Burma 3.00 %-------------------$22.75
159. Netherlands 2.90 %-----------$5.91
160. United Kingdom 2.80 %--------$6.14
161. Australia 2.70 %-------------$3.47
Canada 2.70 %-------------------$2.34*
Germany 2.70 %------------------$5.16
Switzerland 2.70 %--------------$5.17
166. Iceland 2.60 %---------------$1.50
170. Iraq 2.40 %------------------$2.83*!
Saudi Arabia 2.40 %-------------$3.83*
176. Japan 2.20 %-----------------$4.40
177. France 2.10 %----------------$4.54
184. Italy 1.90 %-----------------$5.82
188. New Zealand 1.50 %-----------$3.19
189. Portugal 1.30 %--------------$4.71
200. Puerto Rico 0.50 %-----------$3.35

I have to admit that excluding those marked"*" for being oil rich & "!" for "recovering" from war I don't see much of a trend. China, Ukraine & Russia, with low Sneks are all in the top 66: but Finland, South Africa, Sweden & Norway, all with rates less than 3 are in the next 66 & Syria & Iceland are in the last 1/3rd. It may well be that a number of factors are being co-mingled such as the high readings for subsistence economies. the fact that faster growing economies will, if they don't keep increasing generation capacity, automatically see the ratio of GDP to capacity increase; that a 1% miscalculation in figures will move about 20 points up or down. It is probably true that one year's figures are a snapshot not trend. Ah well back to the drawing board. Tomorrow I will check Snek against per capita GDP.