Comments on Shiro Armstrong "The race to a risky Trans-Pacific Partnership deal", 27/07/2015
Is the GDP of all the 12 TPP members combined really 60% of the world’s total? My calculation based on the most recent World Bank’s GDP data (in current $US) for 2014 suggests it was 53.7%, or 54%, that is a 10% smaller than 60%.
Please note that there is no data for New Zealand so its 2013 figure plus 5% was used as an estimate.
There are some other countries whose data are not available for 2014 too, but they, including Taiwan, are mostly small economies.
PS: I haven't calculate the trade shares.