4 ms·
I could not find the information directly, but I found some historical figures for GDP[1] The figures I quoted above are in 1946 USD. The figures quoted in th
by hackbinary 9y ago
I could not find the information directly, but I found some historical figures for GDP[1]
The figures I quoted above are in 1946 USD.
The figures quoted in the spreadsheet referenced are in "million 1990 International Geary-Khamis dollars" (IGKD)
So the spreadsheet in 1946:
USA: $1,305,357 IGKD
Den: $23,690 IGKD
So Denmark's GDP was 1.8148% of the USA's.
Or in reference to the USA's GDP of 1946 being $228M, Denmark's was merely $4.14M.
$100M in 1946 would have been a staggering amount of money, especially in the context and aftermath of WWII. It should also be noted that Denmark was largely untouched by the war, and in 1946 their economy resumed prewar output. This is probably what the leading factor was in turning down the purchase offer, and I generally agree that it was the right decision.
[1] http://www.ggdc.net/maddison/historical_statistics/horizontal-file_03-2007.xls http://www.ggdc.net/maddison/historical_statistics/horizonta...