GDP PPP (per capita) comparison – Hungary, Romania, Croatia, Greece and Bulgaria (2023)

31 comments

1. Source : https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD?contextual=default&end=2023&locations=HU-GR-BG-RO-HR&most_recent_value_desc=true&start=1992&view=chart

   Last year’s post: https://www.reddit.com/r/europe/comments/14wrk4m/gdp_ppp_comparison_hungary_romania_croatia_greece/

2. GDPPPP – gross domestic pee pee poo poo

3. go Romania

4. Another day, another Greek banger

5. Romania…

6. Just looking at this graph made me feel bad for Greece

7. go romania and bulgaria cheering for u bros

   🇪🇪❤️🇷🇴🇧🇬

8. Romania’s growth is incredible.

   Especially because in many factors I’d think helps growth a lot in this stage – like education (PISA and diploma rates), urbanization and percent of high-skilled jobs – they are lower than all or most others in this graph.

   A big positive factor can be is that they have one of the lowest tax burdens, govt revenue is only [33% over the EU average 46%](https://ec.europa.eu/eurostat/databrowser/view/tec00021/default/table?lang=en&category=t_gov.t_gov_gfs10.t_gov_a).

9. [deleted]

10. Now let’s see nominal 😈

11. Well done, eastern Friends!

12. Yep, we are going to shite

13. gg neighbours

14. România: from zero to hero!

15. Bulgaria 🤝 Romania 📈

16. PPP is a total piece of shit. Only nominal matters. I am Romanian and I can tell you, with all the Orban shit, Romania is nowhere Hungary when it comes to development and economy. Hungary tries hard to get into the ditch, but we are no better either.

17. Dang, what a spike upwards after 2020

18. Started from the bottom now we’re here

19. This post is deceiving and everyone here doesn’t know what they’re looking at.

    Current International $, the currency unit used in this data, means it’s **not** adjusted for inflation.
    Actual GDP PPP hasn’t come even close to increasing this much.

    This is the data you need to look at.
    https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.KD?end=2023&locations=HU-GR-BG-RO-HR&most_recent_value_desc=true&skipRedirection=true&start=1990&view=chart

    >When figures are compared across years, they may also be adjusted for inflation so as to represent currencies in constant (international) dollars for a base year, such as 2000.

    https://www.business-case-analysis.com/international-dollar.html
    https://en.m.wikipedia.org/wiki/International_dollar

20. Now do inflation adjusted,

21. Romania jailed corrupt politicians. Hundreds of them. How I bloody wish this could happen here too. Pretty sure it is the single most important and impactful difference.

22. Romania is actually $43k

23. PPP is my favorite cherry

24. Wow…good for Romania!

    As for Greece, financial crisis really killed them.

25. Honest question. If Romania is so far ahead, then why does it feel like it is not as developed or rich as Hungary or Croatia?

26. Seems odd that the 2024 figure for Romania is $43,179

    Did the economy shrink this year or what?

27. Guys, wait for us please 🥺.

28. So??

    High PPP per capita means wages are low

29. Romania’s secret? ✨Inflation✨

30. Poor Greece, misery is our national sport! 😂

31. Romania’s going UP!!!