FIJI would rank number one in the world if the achievements of all countries at the Rio 2016 Summer Olympic Games were ranked by gross domestic product (GDP). more…
FIJI would rank number one in the world if the achievements of all countries at the Rio 2016 Summer Olympic Games were ranked by gross domestic product (GDP).
This was revealed by Google Inc on its website yesterday.
The United States of America is in second place, followed by Jamaica and then Great Britain in third and fourth places respectively. GDP is the annual total value of goods produced and services provided by a country. It is the size of a country’s economic output, traditionally used to show how large an economy is.
Fiji’s GDP is below $10 billion as of this year with GDP per capita of about $US5000 ($F10, 377) recorded in 2015. Google considered all medal tallies and adjusted them by a number of factors such as population size, team size, GDP and others to really explore how rankings would look like if the playing field was level.
Fiji ranked 54 out of 87 with one gold medal alongside Jordan, Kosovo, Tajikistan, Puerto Rico and Singapore.
If the world population was equal, Google noted Fiji would rank 22 out of 87.
Once GDP is taken into account, Fiji would rank 1 out of 87 in the world.
According to Simon Rogers — a data journalist and data editor at Google’s News Lab — this experiment was based on an exercise he took part in for London’s 2012 games with statistician Christoforos Anagnostopoulos, then of London’s Imperial College.
In 2012, he used data on population, GDP and team size to model what would happen if all the teams had equal resources.
“We wanted to show how small countries can really punch above their weight when it comes to being the best in sport,” Mr Rogers said.
“For 2016, I got to work with Anagnostopoulos again, who is now co-founder of Mentat.
“And this time we wanted to look at a whole new set of data.
“We wanted to see which teams in 2016 were beating the average to overperform against a whole new set of variables, including how people search on Google.”
Minister for Youth and Sports Laisenia Tuitubou said he could only comment on Fiji’s 54th ranking at the Olympics but referred the GDP to the Minister for Economy and the Reserve Bank of Fiji.
The Minister for Economy and Attorney-General, Aiyaz Sayed-Khaiyum, could not be reached for comment because he was out of the country while efforts to obtain comments from the RBF yesterday remained futile when this issue went to press last night.