Biggest gaps in Europe between neighbouring countries in terms of Human Development Index 2021

[cass]

Portugal is an exceptional case for Western Europe, and even its GNI per capita is $33,000, which is still higher than most Eastern Euro nations (and Greece). Where Portugal scores especially badly is in education.

Certainly, Portugal has fallen below Poland and even Romania. Nominal GDP is bulshit especially in the Eurozone. Euro artificially inflates the level of income in poor regions and leads to less competitiveness of the economy.

[Your Old Comrade]

Portugal is the westernmost country and does not follow this rule.

Portugal is on the periphery of Europe's commercial and industrial core, too. Scandinavia was traditionally, too, but they have a lot of resources.





These are Europe's two cores.

[cass]

Portugal is on the periphery of Europe's commercial and industrial core, too. Scandinavia was traditionally, too, but they have a lot of resources.





These are Europe's two cores.

These are myths from 15 years ago.

Rust belt on the Rhine

[Damião de Góis]

Certainly, Portugal has fallen below Poland and even Romania. Nominal GDP is bulshit especially in the Eurozone. Euro artificially inflates the level of income in poor regions and leads to less competitiveness of the economy.

Well you're not the first pole who came here banging their chest like a gorilla when they saw the latest GDP per capita adjusted by PPP values. We all remember Roy's "Why is Portugal so poor" thread.

The fact that Poland or Romania have weaker currencies might help tell the story of why eastern countries are rising in the PPP table. We'll see how Croatia does in the next years now that they are in the euro.

The fact is if we look at Nominal figures, Portugal, Greece and some eastern countries have currently the following values:

Portugal 25,065
Greece 19,673
Poland 18,109
Romania 14,968
Bulgaria 11,321

You say Bulgaria has already passed Greece and Poland and Romania have passed Portugal, i'm not so sure about that. On the other hand if we look at GDP per capita adjusted by PPP we can see eastern countries are all rising quicky. Another country that is rising in the PPP table is Saudi Arabia and it has overtaken Finland, Canada, France and the UK:

Saudi Arabia  64,836
Finland  60,897
Canada  60,177
France  58,828
United Kingdom  56,471

Of course Nominal tells a different story, but yeah Nominal is bulshit:

Finland 54,351
Canada 52,722
United Kingdom 46,371
France 44,408
Saudi Arabia 29,922

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

[cass]

Well you're not the first pole who came here banging their chest like a gorilla when they saw the latest GDP per capita adjusted by PPP values. We all remember Roy's "Why is Portugal so poor" thread.

The fact that Poland or Romania have weaker currencies might help tell the story of why eastern countries are rising in the PPP table. We'll see how Croatia does in the next years now that they are in the euro.

The fact is if we look at Nominal figures, Portugal, Greece and some eastern countries have currently the following values:

Portugal 25,065
Greece 19,673
Poland 18,109
Romania 14,968
Bulgaria 11,321

You say Bulgaria has already passed Greece and Poland and Romania have passed Portugal, i'm not so sure about that. On the other hand if we look at GDP per capita adjusted by PPP we can see eastern countries are all rising quicky. Another country that is rising in the PPP table is Saudi Arabia and it has overtaken Finland, Canada, France and the UK:

Saudi Arabia  64,836
Finland  60,897
Canada  60,177
France  58,828
United Kingdom  56,471

Of course Nominal tells a different story, but yeah Nominal is bulshit:

Finland 54,351
Canada 52,722
United Kingdom 46,371
France 44,408
Saudi Arabia 29,922

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

It is enough to compare the fate of Finland to Sweden, Slovakia to the Czech Republic to understand the destructive role of the Euro. You can live with myths in peace.

[cass]

Well you're not the first pole who came here banging their chest like a gorilla when they saw the latest GDP per capita adjusted by PPP values. We all remember Roy's "Why is Portugal so poor" thread.

The fact that Poland or Romania have weaker currencies might help tell the story of why eastern countries are rising in the PPP table. We'll see how Croatia does in the next years now that they are in the euro.

The fact is if we look at Nominal figures, Portugal, Greece and some eastern countries have currently the following values:

Portugal 25,065
Greece 19,673
Poland 18,109
Romania 14,968
Bulgaria 11,321

You say Bulgaria has already passed Greece and Poland and Romania have passed Portugal, i'm not so sure about that. On the other hand if we look at GDP per capita adjusted by PPP we can see eastern countries are all rising quicky. Another country that is rising in the PPP table is Saudi Arabia and it has overtaken Finland, Canada, France and the UK:

Saudi Arabia  64,836
Finland  60,897
Canada  60,177
France  58,828
United Kingdom  56,471

Of course Nominal tells a different story, but yeah Nominal is bulshit:

Finland 54,351
Canada 52,722
United Kingdom 46,371
France 44,408
Saudi Arabia 29,922

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

It's as simple as it is for a gorilla