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Comment by alberth | Hacker News Reader

It's no surprise, Amazon market cap is > 50% of the entire country of France GDP.

  Amazon market cap: $1.6T

  France GDP:        $2.9T

These numbers would be skewed even more if Apple ($3T) or Microsoft ($3T) were used instead.

https://finance.yahoo.com/quote/AMZN/

https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?locat...

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Feel obliged to point out this is misleading / not especially relevant: GDP is the value of the annual output of a country, while market capitalization is the (discounted) value of all future cash flows of a company. LVMH is ~0.5T market cap French company, but it’s nowhere near 1/6th of French economic output.

This is a lot like the recent “Novo Nordisk’s market cap is greater than the GDP of Denmark!” comparisons — true, but they’re not like numbers (and indeed, much of Novo Nordisk’s revenue is captured in Danish GDP).

Here's another comparison:

  # of Amazon employees:          1.7M

  # of working people in France:  30M

https://en.wikipedia.org/wiki/Amazon_(company)

https://tradingeconomics.com/france/employment-rate

> It's no surprise, Amazon market cap is > 50% of the entire country of France GDP.

That isn't a comparison that makes sense. It's sort of like confusing stocks and flows, but market capitalization isn't even a stock.

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