Russia, more equal ? Navalny must find it pretty funny !
I guess a lot of GDP changes have to do with exchange rate fluctuations. In 2008 the US Dollar was at its historic low against the Euro, but since then the Dollar appreciated against the Euro.
That’s why the real GDP appears smaller for many EU countries and so much higher for the US. But the real GDP in Euros increased for almost all of these countries (maybe with the exception of Greece, not so sure)
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Sources:
[GDP per capita (current US$)](https://data.worldbank.org/indicator/NY.GDP.PCAP.CD)
[Gini index (World Bank estimate)](https://data.worldbank.org/indicator/SI.POV.GINI)
So Georgia leading the way.
Well done guys.
Russia, more equal ? Navalny must find it pretty funny !
I guess a lot of GDP changes have to do with exchange rate fluctuations. In 2008 the US Dollar was at its historic low against the Euro, but since then the Dollar appreciated against the Euro.
That’s why the real GDP appears smaller for many EU countries and so much higher for the US. But the real GDP in Euros increased for almost all of these countries (maybe with the exception of Greece, not so sure)
Ireland is less equal to the US?
Wow, thanks! That’s a really interesting one!