EverQuest GNP as Large as Most Countries

Here is an interesting tidbit from our growing bag of research. I wonder what the GDP of Azeroth is. GNP stands for Gross National Product and is a measure of the wealth and productivity of a nation.

“In March 1999, a small number of Californians discovered a new world called Norrath, populated by an exotic but industrious people. About 12,000 people call this place their permanent home, although some 60,000 are present there at any given time. The nominal hourly wage is about USD 3.42 per hour, and the labors of the people produce a GNP per capita somewhere between that of Russia and Bulgaria. A unit of Norrath’s currency is traded on exchange markets at USD 0.0107, higher than the Yen and the Lira. The economy is characterized by extreme inequality, yet life there is quite attractive to many.

The population is growing rapidly, swollen each each day by hundreds of emigres from various places around the globe, but especially the United States. Perhaps the most interesting thing about the new world is its location. Norrath is a virtual world that exists entirely on 40 computers in San Diego. Unlike many internet ventures, virtual worlds are making money — with annual revenues expected to top USD 1.5 billion by 2004 — and if network effects are as powerful here as they have been with other internet innovations, virtual worlds may soon become the primary venue for all online activity.”

Edward Castronova. “Virtual Worlds: A First-Hand Account of Market and Society on the Cyberian Frontier” December 2001. CESifo Working Paper Series No. 618. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=294828

I doubt this is still true since many EQ players have moved over to WoW but it is still interesting.

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