Cross-Country Real GDP Comparisons
J. Bradford DeLong
- Results for selected countries only...
- There continues to be a surprisingly, surprisingly large gap between real GDP per capita in the U.S. and real GDP per capita in the other industrial economies.
- South Korea is now clearly to be counted as among the "industrial" rather than the "developing" countries.
- If you believe these numbers, then living standards and productivity levels in China and the Philippines today are roughly equivalent to those of the United States in 1925; living standards and productivity levels in India today are roughly equivalent to those of the United States in 1880.
- Real GDP per capita in Nigeria is now 1/4 of the level of India and 1/7 the level of China. In 1950 Nigeria was arguably the more developed and more prosperous economy.
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