4 ms·
Out of interest i did a very rough calculation of what inflation-adjusted numbers might look like. I pulled 4% per year inflation out of my ear, and came up wi
by lbfkbsjcn73 8y ago
Out of interest i did a very rough calculation of what inflation-adjusted numbers might look like. I pulled 4% per year inflation out of my ear, and came up with:
38.552 €bn * 1.04^(2016-2002)
=>
66.76 €bn
..which is uncannily close to your numbers. Inflation probably wasn't exactly 4% YoY, but if it is, then in real Euros, the expenditure per population has decreased.
- antr 8y agoPlease be a bit more serious, change rate between 2002-2016 is closer to 30%. If you want to make up numbers and conclusions be my guest. I'm not here to play Trump-mathematics
- andrenth 8y agoThe average inflation was closer to 2% according to https://www.inflation.eu/inflation-rates/spain/historic-inflation/cpi-inflation-spain.aspx https://www.inflation.eu/inflation-rates/spain/historic-infl...
- ilikehurdles 8y agoThat plus a roughly 12% growth in population over that range.