3 ms·
Ireland would be excluded because GDP estimations for Ireland vastly over-estimate wealth due to many corporations being resident in Ireland for tax purposes.
by pcrh 3y ago
Ireland would be excluded because GDP estimations for Ireland vastly over-estimate wealth due to many corporations being resident in Ireland for tax purposes.
Otherwise, I have long suspected that using the US/US dollar as a baseline results in some skewing of the data. For example, GDP per capita PPP comparisons would place Mississippi as wealthier than the UK (as mentioned in the OP). However human development indices paint a very different picture, and would place Mississippi on par with Eastern Europe [0].
[0] https://i.imgur.com/yPkHUNt.jpg https://i.imgur.com/yPkHUNt.jpg Source: https://vividmaps.com/human-development-index-us-vs-europe/ https://vividmaps.com/human-development-index-us-vs-europe/