3 ms·
GDP adjusted for purchasing power parity is better for comparing countries: http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita http://en.wi
by RivieraKid 14y ago
GDP adjusted for purchasing power parity is better for comparing countries:
http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_...
But what matters most is quality of life per capita. In that aspect, the US is IMHO slightly behind most of western Europe, Canada, Australia, New Zeland, etc. Mostly because of wealth inequality.
- deleted 14y ago[deleted]
- 001sky 14y agoDuly noted, but "precision" in this sense is a red-herring. The point of the Macau example is 3x. In 2006 it was 1x. I will trade you $20B for $6B, and then worry about PPP. :D Edit: Your link also ranks Macau at #3 > Us #7.