4 ms·
Not as poor countries, but as poorer countries than the ones the parent comment mentioned. The GDP per capita of Saudi Arabia is around $23k - approximately hal
by anikan_vader 6y ago
Not as poor countries, but as poorer countries than the ones the parent comment mentioned. The GDP per capita of Saudi Arabia is around $23k - approximately half of that of Sweden, the Netherlands, or the UK.
Qatar is absurdly rich, but the wealth is inequitably distributed (unusually so). Although the GDP per capita is ~60k, the median household income (and the median per-capita income) are considerably lower than the countries the parent comment mentioned.
- janeroe 6y ago> The GDP per capita of Saudi Arabia is around $23k - approximately half of that of Sweden Why are you mentioning nominal GDP, not PPP which is $55 grand according to CIA (which is more than Sweden's and UK's and just a bit less than US's)? If they raise their taxes to the level of Sweden they will have larger nominal GDP although without any increase in the purchasing power.