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Would you say that the US(76k per capita) is poorer than Lichtenstein(184k)?
by shock 3y ago
Would you say that the US(76k per capita) is poorer than Lichtenstein(184k)?
- vetinari 3y agoYes ;) Average Lichtensteiner is way better off than average American. Lichtenstein is a very bad target for similar comparison, exactly because they are what they are.
- shock 3y agoSo we're not talking about the country, then, we're talking about the populace.
- hoseja 3y agoDo the wages you pay to manufacturing workers have anything to do with the total wealth of a state? That's how this conversation started. Is it cheaper to manufacture things in Liechtenstein or in Hungary?
- shock 3y agoAccording to Eurostat⁰, Romania has a slightly higher(13000€) average annual full-time adjusted salary per employee than Hungary (12600€). ⓪ - https://ec.europa.eu/eurostat/web/products-eurostat-news/w/ddn-20221219-3 https://ec.europa.eu/eurostat/web/products-eurostat-news/w/d...
- wkat4242 3y agoIt's a tax haven for rich people just like Andorra and Monaco so yeah. People are very well off there. In fact I'm sure the country is even richer if you compare the wealth of the average citizen instead of GDP because not much (goods or services) is actually produced from there. It's more like a place you go to after you've already made your fortune.