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by AnthonyMouse
742 days ago
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Mississippi: ~$39,000 GDP per capita, PPP[0]: Turkey: $41,881
Spain: $50,472
Slovenia: $51,407
UK: $56,836
Germany: $66,038
Denmark: $74,958
Norway: $82,264
Ireland: $137,638
Luxembourg: $143,304
[0] https://en.wikipedia.org/wiki/List_of_sovereign_states_in_Eu...The difference between New York (the highest US state by per capita GDP, ~$91,000) and Ireland is larger than the difference between Mississippi and a per-capita GDP of literally zero. |
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The scale of "GDP per capita and how people are living" is roughly this:
At a "GDP of literally zero" you're DEAD.
At a GDP of 1k, you can afford a cheap bicycle.
At a GDP of 10k, you can afford small, old, beat up and unsafe cars.
At a GDP of 30k, you can afford almost all modern amenities, they'll just be smaller, older, have fewer features.
At a GDP of 80k you can do whatever the hell you want if real estate expenses aren't killing you.
So no, you can't freely compare a country at 10k with one at 80k and try to bail out the comparison with PPP.
And the difference between 1 billion and 1 billion 30k is 1 billion. Percentages matter, thresholds matter. The person having 1 billion 30k doesn't have a materially different life to the person having 1 billion. The person having 30k is reasonably well off, the person having 0 is dead. The person having 40k is also reasonably well off while the person having 10k is poor (and NOT US poor, world standards poor; which BTW, is about the global average, which makes the average person in the world poor by modern development standards).
Compare like with like:
https://en.wikipedia.org/wiki/Developed_country#Comparative_...