Battle: Dar es Salaam vs Nairobi

[Ppmosile]

Ulianzia na "wrong figure" ndio sababu umepata "wrong answer".

Wakenya wote wanakubali kwamba mwaka 2015 GDP yao ilikua ni $63B, pia wanakubali kwamba toka mwaka 2015 hadi 2018 wastani wa kukua kwa uchumi wao ni 5.6%, jambo la kushangaza wanasema GDP yao kwa mwaka 2018 ni $90B. IMF imesema sana kwamba wanapika taarifa za uchumi wao ili kuvutia wawekezaji na kupata mikopo.

Ndo maana mwanzo nikakuambia itakuwa imepikwa

Ila na hata wewe umetumia wrong way kukokotoa hiyo GDP kuna formula yake maalum

 

[VIKING23]

Western countries have economic growth rates of 1% but with a gdp growth rates of about 6%.......chukueni ya USA china na Germany pia mfanyie voodoo economics Tanzania style

 

[game over]

Western countries have economic growth rates of 1% but with a gdp growth rates of about 6%.......chukueni ya USA china na Germany pia mfanyie voodoo economics Tanzania style

We are only asking of how did kenya move from $63bn GDP in 2015 to $100bn in 2019 provided the rate of less than 6%

 

[Geza Ulole]

We are only asking of how did kenya move from $63bn GDP in 2015 to $100bn in 2019 provided the rate of less than 6%

actually with exception of one year, for last 10 years Kenya's GDP has been growing less than 5%!

 

[VIKING23]

Of all the countries in the world ya Kenya ndio mmekwamilia....kweli stress tunawapa

We are only asking of how did kenya move from $63bn GDP in 2015 to $100bn in 2019 provided the rate of less than 6%

 

[Lwiva]

Ukipata highway ni tag..manake sai sina mda na wewe ki vile

Muda utoewapi wakati upo bizee kutoa maji ya mafiii yaliyo fulika Kwa slum Kenya

 

[Geza Ulole]

Ukipata highway ni tag..manake sai sina mda na wewe ki vile

Marsabit-Moyale Highway

 

[VIKING23]

Maybe this can assist some voodoo economics idealists



ECONOMICS MACROECONOMICS
BY POONKULALI THANGAVELU
| Updated Nov 30, 2019
The gross domestic product (GDP) of a nation is an estimate of the total value of all the goods and services it produced during a specific period, usually a quarter or a year. Its greatest use is as a point of comparison: Did the nation's economy grow or contract compared to the previous period measured?
There are two main ways to measure GDP: by measuring spending or by measuring income.
And then there's real GDP, which is an adjustment that removes the effects of inflation so that the economy's growth or contraction can be seen clearly.
Calculating GDP Based on Spending
One way of arriving at GDP is to count up all of the money spent by the different groups that participate in the economy. These include consumers, businesses, and government. All pay for goods and services that contribute to the GDP total.
In addition, some of the nation's goods and services are exported for sale overseas. And some of the products and services that are consumed are imports from abroad. The GDP calculation accounts for spending on both exports and imports.
Thus, a country’s GDP is the total of consumer spending (C) plus business investment (I) and government spending (G), plus net exports , which is total exports minus total imports (X-M).
Calculating GDP Based on Income
The flip side of spending is income. Thus, an estimate of GDP may reflect the total amount of income paid to everyone in the country.
This calculation includes all of the factors of production that make up an economy. It includes the wages paid to labor, the rent earned by land, the return on capital in the form of interest, and the entrepreneur’s profits. All of these make up the national income.
This approach is complicated by the need to make adjustments for some items that don't always appear in the raw numbers. These include:
Indirect business taxes such as sales taxes and property taxes;
Depreciation , a measure of the decreasing value of business equipment over time;
Net foreign factor income , which is foreign payments made to Americans minus American payments made to foreigners.
In this income approach, the GDP of a country is calculated as its national income plus its indirect business taxes and depreciation, plus its net foreign factor income.
How To Calculate The GDP Of A Country
Real GDP
Since GDP measures an economy’s output, it is subject to inflationary pressure. Over a period of time, prices typically go up, and this will be reflected in GDP.
A nation's unadjusted GDP can't tell you whether GDP went up because production and consumption increased or because prices went up.
Real GDP is a measure of an economy's output adjusted for inflation. The unadjusted figure is referred to as nominal GDP.
Real GDP adjusts nominal GDP so that it reflects the price levels that prevailed in a reference year, called“the " base year .”
How GDP Is Used
GDP is an important statistic that indicates whether an economy is growing or contracting. In the U.S., the government releases an annualized GDP estimate for every quarter and every year, followed by final figures for each of those periods.
Tracking GDP over time helps a government make decisions such as whether to stimulate the economy by pumping more cash into it or to cool it by pulling money out.
Businesses may use GDP as a factor when deciding whether to expand or contract production or whether to undertake major projects.
Investors watch GDP to get a sense of where the economy may be headed in the weeks ahead.
Drawbacks of GDP
While GDP is a useful way to get a sense of the state of an economy, it is by no means a perfect approach. One criticism is that it does not account for activities that are not part of the legalized economy. The proceeds of off-the-books labor, some cash transactions, drug dealing, and more are not factored into GDP.
Another criticism is that some activities that provide value are not factored into GDP. For instance, if you hire a maid to keep your house clean, a cook to prepare your meals, and a nanny to care for your children, you will pay these hired helpers and the payments will factor into GDP. If you do those jobs yourself, your contribution is not counted in GDP.
So, while GDP can provide a sense of an economy’s performance over time, it doesn’t tell the whole story. How to Calculate the GDP of a Country
KEY TAKEAWAYS
GDP can be calculated by adding up all of the money spent by consumers, businesses, and government in a given period.
It may also be calculated by adding up all of the money received by all the participants in the economy.
In either case, the number is an estimate of "nominal GDP."
Once adjusted to remove any effects due to inflation, "real GDP" is revealed.
Source: St Louis Federal Reserve Change in real GDP
Percent change from preceding period, not seasonally adjusted.
Related Articles
MACROECON

 

[joto la jiwe]

Ndo maana mwanzo nikakuambia itakuwa imepikwa

Ila na hata wewe umetumia wrong way kukokotoa hiyo GDP kuna formula yake maalum

Kaka usiingie mtego wa wakenya, hakuna formula yoyote maalumu, mbona katika nchi zote duniani inakubali isipokua Kenya pekee?. Haya waambie watumie hiyo formula maalumu na tuone kama watapata hiyo $90B, na tuitumie hiyo hiyo formula maalumu kwa nchi zote.

 

[VIKING23]

Ni understanding hamna au ni ujinga ....smh.Hebu mtueleze jinsi mlipata yenu kama mnapinga the standard formula

Kaka usiingie mtego wa wakenya, hakuna formula yoyote maalumu, mbona katika nchi zote duniani inakubali isipokua Kenya pekee?. Haya waambie watumie hiyo formula maalumu na tuone kama watapata hiyo $90B, na tuitumie hiyo hiyo formula maalumu kwa nchi zote.

 

[VIKING23]

Hiyo graph ni ya kutoka wapi?

actually with exception of one year, for last 10 years Kenya's GDP has been growing less than 5%!

 

[Geza Ulole]

Hiyo graph ni ya kutoka wapi?

Kenya - GDP - real growth rate - Historical Data Graphs per Year

www.indexmundi.com

 

[Ppmosile]

Kaka usiingie mtego wa wakenya, hakuna formula yoyote maalumu, mbona katika nchi zote duniani inakubali isipokua Kenya pekee?. Haya waambie watumie hiyo formula maalumu na tuone kama watapata hiyo $90B, na tuitumie hiyo hiyo formula maalumu kwa nchi zote.

Ok bro sina mengi ya kusema

 

[Nicxie]

Uko obsessed na Kenya mse. That's the busiest corridor in this region

Just yesterday we were debating how much they watch Kenyan news more than their own. This kind of obsession is bad

 

[Nicxie]

Mall in moshi town 😀😀😀👇👇👇
View attachment 1285174View attachment 1285176View attachment 1285177

What's the name of that "mall"?

 

[Nicxie]

Moshi ni sehemu nzuri sana kuishi sema watu wengi hawajui. Nikija nyumbani kila sehemu utakuta wazungu wamejaa. Nikipata muda nitapiga picha za mitaa ya huku nishare.

So leo unasifia wazungu? 😂 😂 😂 Ukistaajabu ya Musa, utakutana na ya Walker!

 

[Geza Ulole]

So leo unasifia wazungu? 😂 😂 😂 Ukistaajabu ya Musa, utakutana na ya Walker!

NOte: don't get carried away with the picture of ur obsolete SGR! That is meant to mock a competitor!

 

[Nicxie]

Moshi baby😀😀😀👇👇👇View attachment 1285180View attachment 1285181View attachment 1285182View attachment 1285183

Hii labda ulinganishe na Kericho

 

[ichoboy01]

😀😀😀😀😀😀😀

 

[ichoboy01]

Hii labda ulinganishe na KerichoView attachment 1285763View attachment 1285765View attachment 1285767View attachment 1285764View attachment 1285768View attachment 1285770View attachment 1285771View attachment 1285772View attachment 1285773

Maskini ya Mungu😀😀😀😀😀