Why is Portugal relatively poor?

[Dandelion]

I love cooking with port, so there's that.

[Cernunnos]

Portugal is far better than most "advanced" Western countries for real. I'd love to live in Lisboa or Porto if given a chance. Because of the climate, the general standard of living, safety and homogeneity.

Plus, I read along the thread that PPP isn't reliable on measuring GDP... No, it's more fucking reliable than nominal. It takes into account the dynamic of the domestic market of each country as a whole, as it takes into account the relative price of goods and services and the inflation rates.

For sure, a bag of rice here is much more cheap than a bag of rice in France, or bread, meat..... Anything. I remember in 2006 paying 5 euros for a Bagette in France. LOL!

[Damião de Góis]

Portugal is far better than most "advanced" Western countries for real. I'd love to live in Lisboa or Porto if given a chance. Because of the climate, the general standard of living, safety and homogeneity.

Plus, I read along the thread that PPP isn't reliable on measuring GDP... No, it's more fucking reliable than nominal. It takes into account the dynamic of the domestic market of each country as a whole, as it takes into account the relative price of goods and services and the inflation rates.

Homogeneity? Both Lisbon and Porto are very multicultural these days, Lisbon more than Porto. (Climate in Porto isn't that great either compared to Lisbon)

As for nominal GDP per capita did these get an update or what? Poland being ahead of Portugal in the 2020 estimates was the reason this thread was started:



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

[Cernunnos]

Homogeneity? Both Lisbon and Porto are very multicultural these days, Lisbon more than Porto. (Climate in Porto isn't that great either compared to Lisbon)

As for nominal GDP per capita did these get an update or what? Poland being ahead of Portugal in the 2020 estimates was the reason this thread was started:



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

"Very multicultural", a bunch of Brazilians, Gypsies, Angolans, and Cape Verdeans here and there. In my neighborhood and surrounding areas 80% of the people are still Portuguese and I live in the Margem Sul.

[Zeno]

Homogeneity? Both Lisbon and Porto are very multicultural these days, Lisbon more than Porto. (Climate in Porto isn't that great either compared to Lisbon)

As for nominal GDP per capita did these get an update or what? Poland being ahead of Portugal in the 2020 estimates was the reason this thread was started:



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

Only a few quarters of both cities are multicultural shitholes. The rest seems unironically Portuguese to the bone.

[Damião de Góis]

"Very multicultural", a bunch of Brazilians and Cape Verdeans here and there. In my neighborhood and surrounding areas 80% of the people are still Portuguese and I live in the Margem Sul.

lol... didn't visit much recently have you? There's even bangladeshi gangs there now.

[Cernunnos]

lol... didn't visit much recently have you? There's even bangladeshi gangs there now.

I do rarely see South Asians.

[Damião de Góis]

I do rarely see South Asians.

Before covid, the city was flooded with tourists. There were brazilians everywhere and i used to listen to a lot of different languages everyday. It's impossible to not think Lisbon is very multicultural unless you haven't been there. I used to see swarms of south asians too in some places. The bengali gang wars even made the news.

https://expresso.pt/sociedade/2020-0...er-na-Mouraria

[Aldaris]

Portugal is far better than most "advanced" Western countries for real. I'd love to live in Lisboa or Porto if given a chance. Because of the climate, the general standard of living, safety and homogeneity.

Plus, I read along the thread that PPP isn't reliable on measuring GDP... No, it's more fucking reliable than nominal. It takes into account the dynamic of the domestic market of each country as a whole, as it takes into account the relative price of goods and services and the inflation rates.

Yep. People usually don't have a problem with discarding overall GDP as irrelevant and that's correct, as nobody in his right mind would say India is better off than Norway. But plenty of them fail to realize adjusting for prices is a relevant thing. Sure, an average Norwegian can afford more than an average Nigerian with their salary in the global context. But Norwegians are living in Norway, not Nigeria or anywhere else. That's kind of a striking example, but it illustrates the point well. Where this is actually visible would be something like Czechia vs Austria. Basically the same standard of living, since price and salary ratios of most of the stuff cancel each other out.

[luc2112]

Only a few quarters of both cities are multicultural shitholes. The rest seems unironically Portuguese to the bone.

A Loooooot Brazilian Less than 2% of the country's total population.