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PPP isn’t a good or any indicator of that either, Guyana has a higher GDP PPP per capita than France or Canada, Bulgaria is below Russia and Kazakhstan.
by dogma1138 3y ago
PPP isn’t a good or any indicator of that either, Guyana has a higher GDP PPP per capita than France or Canada, Bulgaria is below Russia and Kazakhstan.
- fulafel 3y agoBoth are flawed proxies for QoL but PPP less so. Canada and France have better QoL than Guyana at similar PPP GDP because of more equal distribution. They also happen to have higher non-PPP GDP but it's unrelated - it's accidental that in this case PPP normalization modifies the PPP GDP comparison to correlate less with QoL difference.