GDP Per Capita
Economist Magazine had an interesting recent article on GDP per capita. Here is the essence of its analysis.
Comparisons of economic output on a purchasing-power parity (PPP) basis take account of the variations in prices of the same goods in different countries. Unlike comparisons at market exchange rates, PPP reflects the real purchasing power of each country's residents.
In PPP terms, Japan's output per person is about three-quarters of America's. Output in Poland is $11,400 in PPP terms, compared with $5,700 at market exchange rates. India's output per person in PPP terms is $2,800, which is about 7% of per-person output in America, and around half of China's.
Check out the chart here.
posted by Don Iannone, D.Div., Ph.D. at
Friday, June 04, 2004
1 Comments:
ok....this is MADISON!!!! how extremely (madison) ghetto is this page, and it didnt give me any help with the economy crap that i am researching!!!!! IT SUCKS MAJR ASS!!! well laynah say u owe me eggroll and to come to her shop that is on big walk way. laynah say gooday ahh ghetto ghetto ahh
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Anonymous, at 4:48 PM
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