3 ms·
The comparison of GDP with revenue is a comparison of apples with oranges. The GDP is the sum of all values created in an economy, the turnover is just how much
by taffer 8y ago
The comparison of GDP with revenue is a comparison of apples with oranges. The GDP is the sum of all values created in an economy, the turnover is just how much stuff was moved around. A better comparison would be GDP vs. value added. For example, Volkswagen has a turnover of 236 billion euros, but the value added is just 25 billion euros.