Recently I noticed that the per capita GDP
for France as compared to the USA was once
very close. In 1991, France was only a tiny
bit behind the USA. However when I look at
the recent numbers, the USA's per capita GDP
seems to have skyrocketed. This makes little
sense to me however, because the US dollar
has taken such a nosedive in the past 2
years.
Can someone tell me what is *really* going on
with this metric?
The annual increases can be thought of as an exponent on
a rising curve. They add up. The difference between
3% and 4% over a span of years can be dramatic.
Frankly, I don't see a *huge* difference there - it
looks about like I'd expect it to.
Re: Balance of payments... ... So look at a countries like France, Sweden, and Germany. ... clear differences which have resulted in sharply lower per capita GDP,... I might add that Europe... but they have dug themselves a deep hole.... (soc.retirement)
Re: per capita GDP numbers : bogus? ...France was only a tiny ... the USA's per capita GDP... some people argue that GDP is overstated because inflation...hedonic adjustment appears to overvalue improvements in computer technology. ... (sci.econ)
Re: per capita GDP numbers : bogus? ... > Hi folks,...France was only a tiny ... the USA's per capita GDP... so exchange rate fluctuations are eliminated. ... (sci.econ)
Re: semi-OT: Canadian Dollar Nearing Par With US... ...Germany, the UK, France and Italy are all ranked separately, what's the EU? ... per capita GDP would be a more meaningful measure. ... (rec.gambling.poker)
