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You should not make international comparisons using US dollars with 2008 as the baseline. 2008 was the year when the US dollar crashed. €1 was worth over $1.5 f
by jltsiren 3y ago
You should not make international comparisons using US dollars with 2008 as the baseline. 2008 was the year when the US dollar crashed. €1 was worth over $1.5 for about 5 months, which was well above the typical levels. Because of that, all the numbers will be nonsensical.
It's usually better to use the local currency and adjust for inflation. If I got the numbers right, the real GDP per capita of Canada grew ~14% from 2008 to 2022. That's less than the 18-19% for the US, but not that much less.