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GDP PPP per capita 2017 WE vs. EE
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Thread: GDP PPP per capita 2017 WE vs. EE

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    Veteran Member Magnolia's Avatar
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    Default GDP PPP per capita 2017 WE vs. EE


    GDP PPP per capita 2017 (estimates by IMF)


    What do you think?

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    That these economic measures are dangerously misleading. Don't look too much into it.

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    GDP as a false measure of a country economic output-LINK
    Can countries fake their GNP/GDP?
    GDP of Eastern European countries depends on foreign investors who transfered their business searching for low paid workers in Eastern Europe.

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    Veteran Member Magnolia's Avatar
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    Quote Originally Posted by propolis View Post
    GDP as a false measure of a country economic output-LINK
    Can countries fake their GNP/GDP?
    GDP of Eastern European countries depends on foreign investors who transfered their business searching for low paid workers in Eastern Europe.
    And? It is a common investor's strategy...

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    Clear divide.

    Slovenia and Czechia seem to be catching up with Italy and Spain though, that's interesting.

    I'm always surprised by how poor Moldova is.

    Like in South America we always talk about how poor Bolivia is but then Moldova is even poorer.. that's shocking.

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    Quote Originally Posted by Costas View Post
    Clear divide.

    Slovenia and Czechia seem to be catching up with Italy and Spain though, that's interesting.

    I'm always surprised by how poor Moldova is.

    Like in South America we always talk about how poor Bolivia is but then Moldova is even poorer.. that's shocking.
    And I'm surprised by how rich Ireland seems to be.

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    Quote Originally Posted by Danielion View Post
    And I'm surprised by how rich Ireland seems to be.
    You're right.
    Is there a fault?

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    Quote Originally Posted by Danielion View Post
    And I'm surprised by how rich Ireland seems to be.
    Oh I think they embraced free-market a lot more than most European countries and that helped them get a lot of investment.

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    Map of sovereign states in Europe by GDP per capita based on international dollars (PPP) 2015 from the World Bank


    https://en.wikipedia.org/wiki/List_o...PP)_per_capita

    Luxembourg 101,926 $
    Moldova 5 038$

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