3 ms·
The figure you're looking for is called 'Adjusted Household Disposable Income per capita PPP' - probably the best indicator of material standards of living ther
by throwawayzRUU6f 6y ago
The figure you're looking for is called 'Adjusted Household Disposable Income per capita PPP' - probably the best indicator of material standards of living there is. The word adjusted refers to the fact that in-kind transfers, like healthcare, social benefits or universal education are paid by the taxpayer. PPP, Purchasing Power Parity, evens out the impact of price differences.
Several things stand out:
- Citizens in larger countries have it better than one would expect. This reflects the economies of scale, and matches well with the informal anecdotes of people who have lived there - that despite GDP and productivity figures, somehow life's better there
- Tax havens don't really benefit the citizens of their countries, outside of a narrow sliver of population. Material standard of living in Ireland is below that of Italy
Here's a report from Eurostat:
https://ec.europa.eu/eurostat/databrowser/view/sdg_10_20/default/table?lang=en https://ec.europa.eu/eurostat/databrowser/view/sdg_10_20/def...
Here's a more comprehensive set of data - builds up a very interesting argument, based on AHDI figures:
https://randomcriticalanalysis.com/2018/11/19/why-everything-you-know-about-healthcare-is-wrong-in-one-million-charts-a-response-to-noah-smith/ https://randomcriticalanalysis.com/2018/11/19/why-everything...