Venezuela would possibly make the list with adequate data. There are indications that they got bored of destroying their economy and are now making free market reforms. But the IMF doesn't have a 2020 estimate, only a 2019 estimate.
How bad did it get in Venezuela? In 2013 they had a GDP of 555 billion. By 2019 it had fallen to 202 billion. In the mean time, the percentage of Venezuelans living in absolute poverty became the highest in the western hemisphere, surpassing even Haiti. Oof.
These 10 countries also made it in the "Top 10 most populated countries in the Americas" and 9 of the countries here made it to the "Top 10 biggest countries in the Americas", which included Bolivia instead of Ecuador. Just goes to show that the Americas isn't a very diverse place when it comes to these 3 categories.
The Caribbean is mostly too small for there to be high population or GDP. Central America is somewhat poorer than many other parts of the Americas, so less GDP. Its just easier to have a higher GDP with more land and more people to build a larger economy with that land.
Why? This isn't a fast typing quiz. Some folks are taking it on mobile for example. There isn't enough time to wildly guess every country in the Americas. I didn't have any trouble with the time length personally, but I don't see any need to cut the time down for others who might need it.
The quiz description says "name the countries with the largest GDPs in North and South America." It's unclear whether the countries or the GDPs are in the Americas - if the country has to be in the Americas, France should be on this list; it is (partially) in South America and it has a GDP of over 2 trillion. If the quiz only counts the GDP of the parts of the countries that are in the Americas, France should not be here, as the GDP of French Guiana is relatively tiny. You should probably add a caveat clearing up this issue. :)
most of the time it seems like France is considered to be in Europe, Turkey is considered Asia (Istanbul sometimes gets included in Europe), Russia typically gets counted as European, Kazakhstan as Asia, etc, even though all of these countries have territory on other continents. Territories are never included. And Cyprus is usually included with Asia.
I've learned from this site that French Guiana is not a territory, it's a department of France. French departments are equivalent to US states, so that makes French Guiana part of Europe even though it is geographically located in South America. I also read somewhere that for the same reason Hawaii is considered part of North America rather than Oceania.
French Guiana is not part of Europe any more than Siberia is part of Europe or the Hagia Sofia is in Asia. Countries are politically, not geographically, defined and can exist on multiple continents. Roping in Hawaii with North America might seem a bit odd, and perhaps it is, but then if you look at a map it's not really especially more odd than it would be roping it in with Oceania. Hawaii is kind of in the middle of nowhere.
I usually read the caveats afterwards, when thinking "Shouldn't France, UK and the Netherlands make the list? Oh look! There is a caveat explaining that they don't count"
By that logic, its a good thing Denmark's GDP is too low to be debated because Greenland is in North America. While I personally think Greenland should be counted as part of Denmark (it would make the quizes more fun because it's so different in terms of extremes), but I respect Quizmaster's decision to exlude it. It's his site, and that is the custom now. Same with French Guinea.
you 100% did not put france in during the quiz but instead did the quiz, thought it was too hard, got mad, think of something wrong with quiz, "france should be included cause its in south america"
That suggestion should be placed by each quiz where someone asked for shorter time. Or that they should let their pets type while they dictate the words
My second favorite country in South America is either Bolivia or Brazil. I love the name of every capital in South America with the exception of Brasilia which I find to be slightly underwhelming when it rolls off the tongue.
There are two different methods of calculating GDP. We use the Purchasing Power Parity (PPP) method. What PPP does is calculate the value of the goods produced, not their price. Here's an oversimplified example: Let's say a McDonald's hamburger sells for $2 in Mexico but $5 in Canada. It's the same burger, but it sells for a higher price in Canada. For the sake of calculating the size of an economy, what matters more - the burger or the price? In my opinion, the burger matters more. That's why we use PPP.
There are many reasons why the Mexican burger costs less and it is not, in reality, the same burger. If the materials to make it are cheaper, the building it's served in is less expensive, the rent being paid is less because it's in a country with a shitty economy, and the salaries being paid to the workers who produce the burger are 1/10th as much... you're not getting the same burger. You might not be able to taste the difference, but it doesn't not exist. On top of that companies price goods to sell in whatever market they are sold in. There are wealthier people in Canada. So they raise the price there. That doesn't mean Canadians have less money or even, realistically, less purchasing power- as markets are increasingly becoming more and more global. It means the McDonald's in Canada are probably operating with bigger profit margins.
I've seen a couple of articles about how Argentina is doing very poorly. They have something like 70% inflation and it's still going up. I wonder if this is a sign that their economy will implode in a Sri Lanka or Venezuela-type crisis.
How bad did it get in Venezuela? In 2013 they had a GDP of 555 billion. By 2019 it had fallen to 202 billion. In the mean time, the percentage of Venezuelans living in absolute poverty became the highest in the western hemisphere, surpassing even Haiti. Oof.
PPP is much more useful than nominal GDP, what matters IS the goods, not the prices. Your own argument contradicts your own conclusion.
Who cares about how much you paid for a burger, you care about eating a burger.