Kenya's GDP hits $85 billion as Tz breaks the $50 billion mark.

Kenya's GDP hits $85 billion as Tz breaks the $50 billion mark.

Hahahaa.. itabidi ifunguliwe thread kila mtu ataje utaalamu wake!! Tuna eza peana deals, For starters nataka fundi mjenzi [emoji5]
 
LightYagami said:
Did you say per capita? No
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He said when a real economist like him says GDP PPP, he actually means GDP per capita. lol. Good luck educating him.

Mkikuyu- Akili timamu said:
I dont know which orifice you pluck out your figures, most probably the one that contains shit
ET Gdp(ppp) 2016- 1,608.30 usd
KE Gdp(ppp) 2016- 2,106 usd.
For ethiopias Gdp ppp to be 216 billion usd, it must be larger than both china and usa combined.
Stick to concrete mixing
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Mkikuyu- Akili timamu said:
For us Economists, When we talk about GDP(PPP) we quote the weighted value which is per capita, But for Mjengo KYMs, They pluck figures from google and display them here like trophies to their ignorance.
Why would I talk about GDP (ppp) with no reference to the population of a country? am I mad?
As for Alliance, Nairobi university and strathmore school of business where I schooled and scored top marks, thats my problem. Be concerned with your Rocky driving school computer collage certificate
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Tony254 said:
Mimi sitakubali udanganye watu kwamba you are an economist. I am a real economist. Wewe unajifanya unaelewa mambo ya uchumi na ulishasema wewe ni mwanahisabati. Stick to tangent, cosines, calculus, logarithms and all that bullsh*t. Utuwachie economics yetu. Hatutaki charlatans, thugs, swindlers, nincompoops, wannabes kama wewe
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Kama wewe ni real economist kama unavyo sema sasa mbona una shangaa mtu akiwa mathematician at the same time akawa mchumi!! Kama angesema ni laywer halafu ni mathematician hapo ndiyo ungeshangaa. How do you separate Statistics and economics? Acha ushabiki, mimi siwezi kukubishia kama wewe ni mchumi ila acha kubisha ili mradi ubishe. Halafu siyo kila mtu ana degree moja!
Mtu anaeza soma Bachelor ya Math then akapiga masters ya Econ & Statistics halafu akipiga kazi kama mchumi, hamna chuo kinacho ruhusu mtu kusoma uchumi kama hana background ya Math kama kipo kina tatizo.
 
thisdayes said:
Kama wewe ni real economist kama unavyo sema sasa mbona una shangaa mtu akiwa mathematician at the same time akawa mchumi!! Kama angesema ni laywer halafu ni mathematician hapo ndiyo ungeshangaa. How do you separate Statistics and economics? Acha ushabiki, mimi siwezi kukubishia kama wewe ni mchumi ila acha kubisha ili mradi ubishe. Halafu siyo kila mtu ana degree moja!
Mtu anaeza soma Bachelor ya Math then akapiga masters ya Econ & Statistics halafu akipiga kazi kama mchumi, hamna chuo kinacho ruhusu mtu kusoma uchumi kama hana background ya Math kama kipo kina tatizo.
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University zote Kenya zenye zina department of Economics, zinaruhusu watu kusomea uchumi wakitumia Secondary school certificate.(yaani K.C.S.E). Requirement ya kufanya economics ni mtu awe amemaliza k.c.s.e. pekee yake. Hakuna requirement eti mtu lazima awe mwana hisabati. Mimi mwenyewe nilichafua A kwenye hisabati lakini siwezi jiita mwana hisabaati kwani sikufanya hisabati katika chuo kikuu.mwaka wetu, ungepata B+ (overall grade) kama mimi, ungefanya economics. Requirements za economics ziko less than Engineering or Medicine. Econ si ngumu kufanya na sio lazima mtu awe na degree ya hisabati.
 
thisdayes said:
Kama wewe ni real economist kama unavyo sema sasa mbona una shangaa mtu akiwa mathematician at the same time akawa mchumi!! Kama angesema ni laywer halafu ni mathematician hapo ndiyo ungeshangaa. How do you separate Statistics and economics? Acha ushabiki, mimi siwezi kukubishia kama wewe ni mchumi ila acha kubisha ili mradi ubishe. Halafu siyo kila mtu ana degree moja!
Mtu anaeza soma Bachelor ya Math then akapiga masters ya Econ & Statistics halafu akipiga kazi kama mchumi, hamna chuo kinacho ruhusu mtu kusoma uchumi kama hana background ya Math kama kipo kina tatizo.
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Elewa kitu kimoja. Mimi sisemi kuwa Econ haina hesabu ndani, ina hesabu nyingi tu, na theories nyingi pia. Ila si kweli kwamba mtu lazima awe na degree ya hisabati ndio aifanye. Mimi nilisomea Maseno university na huko tunafanya pure econ. Lakini university zingine kama university of Nairobi, nadhani its possible kufanya Econ & statistics kwa pamoja. So inategemea na university.
 
Tony254 said:
University zote Kenya zenye zina department of Economics, zinaruhusu watu kusomea uchumi wakitumia Secondary school certificate.(yaani K.C.S.E). Requirement ya kufanya economics ni mtu awe amemaliza k.c.s.e. pekee yake. Hakuna requirement eti mtu lazima awe mwana hisabati. Mimi mwenyewe nilichafua A kwenye hisabati lakini siwezi jiita mwana hisabaati kwani sikufanya hisabati katika chuo kikuu.mwaka wetu, ungepata B+ (overall grade) kama mimi, ungefanya economics. Requirements za economics ziko less than Engineering or Medicine. Econ si ngumu kufanya na sio lazima mtu awe na degree ya hisabati.
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Wewe huja nielewa, nilivyosema background ya hesabu sikua na maana ya degree, huo niliotoa ni mfano. Ukitaka ku chukua degree ya kwanza ya uchumi lazima uwe umesoma hesabu na kufaulu uko chini hii ndiyo maana yangu nikikwambia background ya hesabu. Mfano niliokupa ni wa mtu kuwa mwana hesabu na mchumi, yani ana degree mbili. Bila shaka utanipata sasa
 
thisdayes said:
Wewe huja nielewa, nilivyosema background ya hesabu sikua na maana ya degree, huo niliotoa ni mfano. Ukitaka ku chukua degree ya kwanza ya uchumi lazima uwe umesoma hesabu na kufaulu uko chini hii ndiyo maana yangu nikikwambia background ya hesabu. Mfano niliokupa ni wa mtu kuwa mwana hesabu na mchumi, yani ana degree mbili. Bila shaka utanipata sasa
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Nimekuelewa sasa. Nadhani tumeelewana sote.
 
NairobiWalker said:
Gap imeongezeka sana, miaka ya 1980s Tanzania ilikua na GDP kubwa kuliko Kenya sahii kuna gap ya $30 billion.
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Huna unachokijua. Kama mngekuwa na akili mngecheza na kipindi ambacho tupo vitani kumng'oa IDD Amin. The same way US alitumia kumpiku UK wakati nchi zingine zikipigana vita. So mliposhindwa kutumia ile nafasi mkaendekeza rushwa sasa itawacost. Maana taa ya kuomba site ishawashwa. Mpaka Magufuli amalize miaka yake infrastructure zitakuwa zimekamilika which means macro economy tutakuwa vizuri. Hapo ndipo mtaelewa nini maana ya kuendekeza rushwa
 
NairobiWalker said:
Please, bring proof that in the 90s Kenya's GDP was twice that of Tanzania.
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Iko wazi hiyo wewe. Sisi tukiwa vitani nyie mlikuwa mnaendelea kuzalisha tu. Lakini still tupo wote third world countries. Subirini tutawaacha hapohapo
 
mkolosai said:
Iko wazi hiyo wewe. Sisi tukiwa vitani nyie mlikuwa mnaendelea kuzalisha tu. Lakini still tupo wote third world countries. Subirini tutawaacha hapohapo
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3rd world tuliwaacha kitambo sana labda mjaribu wenzenu Burundi.
 
Mkikuyu- Akili timamu said:
Per capita? Why do you guys struggle so much with simple things?
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GDP PPP means GDP purchasing Power Parity which means the GDP of a country adjusted to prices of certain goods and it has nothing to do with populations.it is not equal to GDP per capita





Purchasing Power Parity (PPP) is measured by finding the values (in USD) of a basket of consumer goods that are present in each country (such as orange juice, pencils, etc.). If that basket costs $100 in the US and $200 in the United Kingdom, then the purchasing power parity exchange rate is 1:2.
Examples
For example, suppose that Japan has a higher GDP per capita ($18) than the
US ($16). That means that Japanese on average make $2 more than normal Americans. However, they are not necessarily richer. Suppose that one gallon of orange juice costs $6 in Japan and only $2 in the US; then $6 in Japan exchanges to only $2 worth of US goods, since the Japanese can only buy 3 gallons while the Americans can buy 8 gallons. We have decided to use 1 gallon of orange juice as a reference basket of goods. Therefore we can create a PPP index for Japan in terms of the US as 1/3. Therefore, in terms of orange juice, the Americans are richer, and in this example the US has a GDP (PPP) of $16, unchanged since it is the reference currency. Japan, however, has GDP (PPP) of only $6 since the $18 in Japan can only buy 3 gallons of orange juice, which represents only $6 of US goods.
 
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