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[Data] The World’s Richest Countries Across 3 Metrics (www.visualcapitalist.com)

submitted 7 months ago* (last edited 7 months ago) by [email protected] to c/[email protected]

7 comments fedilink

cross-posted from: https://infosec.pub/post/8004138

How do you measure the economic success of a country?

By one classic measure, GDP per capita shows individual economic prosperity. But comparing countries simply by this metric doesn’t tell the whole story. To get a better idea of living standards, it helps to look at how far your money will go along with adjusting for labor productivity.

This graphic shows the world’s richest countries by three different measures, based on data from The Economist and Sondre Solstad. All figures are in U.S. dollars.

The World’s Richest Countries Across 3 Metrics (www.visualcapitalist.com)

submitted 7 months ago by [email protected] to c/dataisbeautiful

4 comments fedilink

How do you measure the economic success of a country?

By one classic measure, GDP per capita shows individual economic prosperity. But comparing countries simply by this metric doesn’t tell the whole story. To get a better idea of living standards, it helps to look at how far your money will go along with adjusting for labor productivity.

This graphic shows the world’s richest countries by three different measures, based on data from The Economist and Sondre Solstad. All figures are in U.S. dollars.