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by jsnell 3978 days ago
Raw GDP is an absurd proxy for standard of living, you're comparing a country of 70 million to a country of 1.5 million. At the very least you'd need it to be per capita. Maybe PPP adjusted.
1 comments

Thanks for pointing this out and you're absolutely right. The per capita comparison is much better, and shows Estonia's economy at 54% smaller [1] (Bulgaria makes for an even starker contrast at 82% smaller per capita [3])

Edit - As a final edit, the largest disparity across standard of living in the EU is between Luxembourg and Bulgaria, and comparing their per-capita GDP shows that Bulgaria's economy is 93.2% smaller [4]

This is still a considerable difference between the two countries and yet not everyone has fled from Estonia/Bulgaria.

The point though is that there is a very big spread in the standard of living [2] across the EU and yet mass migration is not occurring.

[1] - http://www.wolframalpha.com/input/?i=estonia+per+capita+gdp+...

[2] - http://www.theguardian.com/money/2014/dec/11/uk-living-stand...

[3] - http://www.wolframalpha.com/input/?i=bulgaria+per+capita+gdp...

[4] - http://www.wolframalpha.com/input/?i=bulgaria+per+capita+gdp...