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Old 12-14-2021, 06:02 PM
svevin svevin is offline
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Quote:
Originally Posted by DeathsSilkyMist [You must be logged in to view images. Log in or Register.]
Even GDP per capita isn't necessarily relevant across a lot of countries due to their size and other factors.

https://www.worldometers.info/gdp/gdp-per-capita/

If you look here, the USA is only led by much smaller countries that benefit from the protection of the United States, with the exception of UAE, Kuait, and Quatar which are all inflated heavily due to oil money. Hong Kong is the weirdest one since it was considered western until very recently, so that is a unique case. This is why just looking at basic statistics is never the whole picture.



Show me your evidence to suggest there is any way to compare a per capita rate in a country with 25 million people vs. 330 million people. It doesn't exist. You are comparing apples to oranges and you think you are not.
From Investopedia (https://www.investopedia.com/terms/p/percapita.asp):
KEY TAKEAWAYS
Per capita is a term used in economic and statistical analysis that means per person.
Per capita is used when comparing a certain economic metric to a population.
The most common instances of per capita are gross domestic product (GDP) per capita and income per capita.
Per capita information provides more granular data than just aggregate information. It is often used as an apples to apples comparison between countries with different population sizes.
Per capita information is often contrasted with median information, which provides a clearer picture as it considers outliers.
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