Material standard of living in various nations

[Savant]

I'm including the best measures of material standard of living GNI per capita at PPP and GDP per capita at PPP

Of course, the main problem with the figures is that they do not account for taxation of income or sales/VAT tax, property tax, or any taxation.

It also doesn't factor costs for housing and other determinants of standard of living. It does factor in cost differences in food and clothing, and other essentials however.

GNI per capita at PPP

Rank Country Intl. $[1]
1 Luxembourg 57,640
2 Norway 56,050
3 Singapore 49,850
4 United States 46,730
5 Netherlands 40,510
6 Sweden 38,560
7 Austria 38,550
8 Australia 38,210
9 Denmark 37,720
10 Canada 37,590
11 United Kingdom 37,360
12 Germany 36,960
13 Belgium 36,520
14 Finland 34,430
15 France 33,980
16 Iceland 33,390
17 Ireland 33,280
17 Japan 33,280
19 Spain 31,630
20 Italy 31,330
21 Greece 28,440
22 Korea, South 27,310
23 Israel 27,040
24 Slovenia 26,340
25 Trinidad and Tobago 25,100
26 Czech Republic 23,610
27 Portugal 22,870
28 Slovakia 21,600
29 Equatorial Guinea 19,350
30 Croatia 19,170
31 Estonia 18,890
32 Hungary 18,570
33 Poland 18,440
34 Russia 18,390
35 Antigua and Barbuda 17,690
36 Seychelles 16,820
37 Lithuania 16,740
38 Latvia 16,510
39 Libya 16,430
40 Romania 14,460
41 Argentina 14,120
42 Mexico 14,110
43 Turkey 13,730
44 Saint Kitts and Nevis 13,660
45 Malaysia 13,530
46 Chile 13,430
47 Mauritius 13,270
48 Lebanon 13,230
49 Montenegro 13,130
50 Uruguay 12,910

[Savant]

1 Qatar 88,232
2 Luxembourg 80,304
3 Singapore 57,238
4 Norway 52,238
5 Brunei 47,200
6 United States 47,123
— Hong Kong 45,277
7 Switzerland 41,765
8 Netherlands 40,777
9 Australia 39,692
10 Austria 39,454
11 Canada 39,033
12 Ireland 38,685
13 Kuwait 38,293
14 Sweden 37,775
15 United Arab Emirates 36,973
16 Denmark 36,764
17 Iceland 36,681
18 Belgium 36,274
19 Germany 35,930
20 United Kingdom 35,053
21 Republic of China (Taiwan) 34,743
22 Finland 34,401
23 France 34,092
24 Japan 33,828
25 Korea, South 29,791
26 Spain 29,651
27 Italy 29,418
28 Israel 29,404
29 Greece 28,833
30 Cyprus 28,045
31 Slovenia 27,899
32 New Zealand 27,460
33 Bahrain 26,807
34 Oman 26,197
35 Bahamas, The 25,884
36 Czech Republic 24,987
37 Seychelles 24,837
38 Malta 24,081
39 Saudi Arabia 23,742
40 Portugal 23,113
41 Barbados 22,296
42 Slovakia 22,267
43 Trinidad and Tobago[4] 20,137
44 Poland 18,837
45 Hungary 18,815
46 Equatorial Guinea 18,387
47 Estonia 18,274
48 Croatia 17,608
49 Lithuania 16,997
50 Antigua and Barbuda 16,566
51 Russia 15,807

[The Lawspeaker]

Which doesn't say that there is an extreme amount of poverty in the United States and thus that these statistics are false. Biased and should be re-done.

[Savant]

LOL!! The international monetary fund and the world bank are in on the big american conspiracy!! LOL!!!

Which doesn't say that there is an extreme amount of poverty in the United States and thus that these statistics are false. Biased and should be re-done.

[Ibericus]

Which doesn't say that there is an extreme amount of poverty in the United States and thus that these statistics are false. Biased and should be re-done.

Not to mention Equatioral Guinea, which is in rank 29th, and most of it's population lives in poverty. It only has a high per capita because of all the oil found recently, but all the money goes to a few pockets. That's why per-capita is not the same as standard of living.

[Savant]

It's the best indicator, however. If you start measuring "equality of income" then you get socialist shit holes rating high... If you rate income equality, shit holes like Bolivia and Cuba make it into the top... So much for that stupid idea...

Not to mention Equatioral Guinea, which is in rank 29th, and most of it's population lives in poverty. It only has a high per capita because of all the oil found recently, but all the money goes to a few pockets. That's why per-capita is not the same as standard of living.

[Ibericus]

It's the best indicator, however. If you start measuring "equality of income" then you get socialist shit holes rating high... If you rate income equality, shit holes like Bolivia and Cuba make it into the top... So much for that stupid idea...

That's wrong. In the HDI , there are no "shit holes" at the top. Neither in the Quality of Life index by The Economist.

[Savant]

I never said there was anything wrong with the HDI, although now it's going to shit because they are now trying to include income inequality. The Economist quality of life is full of holes. Ether way, I'm talking about MATERIAL standard of living, not other factors which HDI includes. This thread is about how materially well off various nations are, not other factors. HDI includes other factors which are irrelevant to that.

That's wrong. In the HDI , there are no "shit holes" at the top. Neither in the Quality of Life index by The Economist.

[Savant]

You were not talking about HDI, you were talking about equality of income, AKA gini coefficients. And shit holes do make it to the top of gini coefficient lists... HDI only recently started including income inequality/equality in their measures. Although nothing is "wrong" with the HDI per se, it goes well beyond simple, material standard of living- what THIS thread is about... GNI and GDP per capita at PPP are the most pure measures of that.

However, the HDI measures aren't VERY different.

1 Norway 0.938 0.001
2 Australia 0.937 0.002
3 (17) New Zealand 0.907 0.003
4 (9) United States 0.902 0.003
5 Ireland 0.895 0.001
6 (13) Liechtenstein 0.891 0.002
7 (1) Netherlands 0.890 0.002
8 (4) Canada 0.888 0.002
9 (2) Sweden 0.885 0.001
10 (12) Germany 0.885 0.002
11 (1) Japan 0.884 0.003
12 (14) South Korea 0.877 0.005
13 (4) Switzerland 0.874 0.002
14 (6) France 0.872 0.003
15 (12) Israel 0.872 0.001
16 (4) Finland 0.871 0.002
17 (14) Iceland 0.869
18 (1) Belgium 0.867 0.002
19 (3) Denmark 0.866 0.002
20 (5) Spain 0.863 0.002

That's wrong. In the HDI , there are no "shit holes" at the top. Neither in the Quality of Life index by The Economist.

[Curtis24]

If anything, the fact that even with its black poverty, America ranks number 4, shows just how materially advanced the American whites are compared to Europe.