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GDP Adjusted Medals Ranking for the 2010 Commonwealth Games

2010 Oct 06 13:12   category: World Affairs   author:  
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A quarter of the world’s population potentially has an interest in the 2010 Commonwealth Games currently being held in Delhi. 71 ‘nations’ (including sub-nations) are being represented in this multi-national sporting competition, which occurs every four years. These nations range from the immense, India with a population of 1.18 million, to the tiny, Tuvalu with a population of just 12,000. The larger and the more affluent nations will be expected to win most of the medals but we wondered if it would be possible to compare the performance of such disparate nations on anything like an equitable basis.

After some thought and experimentation we have settled on a ranking based on a ‘Medals Value’ which is divided by the GDP of the nation. Our Medals Value deems each medal to be worth slightly more than twice that of the one below it (12pts for a gold, 5pts for a silver and 2pts for a bronze) while the GDP adjustment takes account of both the population and affluence of a nation. The resulting GDP Adjusted Medals Ranking for the 2010 Commonwealth Games will be updated at the end of each day of competition.

We like to think this ranking methodology gives any nation the chance to finish top. In fact we think it might actually favor smaller nations if by chance they happen to be fielding a few exception athletes this year. Indeed, this could be the Isle of Man’s year if Mark Cavendish wins a cycling gold. No matter which nation you are rooting for, have a little fun by tracking their position in our GDP Adjusted Medals Ranking.

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