6 ms·

Source for the 1%? World bank data seems to differ: https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?locations=US-CA-MX https://data.worldbank.org/indic

• ben_w 7y ago
  I believe OP is saying the difference is equal to, not that the difference is caused by. USA GDP PPP per capita in 2018 according to the IMF: $62606 Mexico, ditto: $20602 20602×1.01^100 = 55724.6 The difference is closer to 1.1177% compounded over a century, but I wouldn’t quibble over the extra digits when most news reports of economic growth are rounded to the nearest 0.25%.
  • merpnderp 7y ago
    Thanks, that’s indeed what I meant. It was an example of why growth matters.