These figures hide inequalities as they do not distribution of income or wealth
They can be manipulated by governments that want to appear poorer so as to collect more aid
They do not take into account subsistence production or informal economies that have a significant impact in less developed countries
By comparing all the figures to dollars, problems with exchange rate can distort figures
They ignore depreciation to the society in the production process
They are not true indicators of economic development due to the complexities of economic development
Dana05 answered the question on July 3, 2019 at 11:09
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