It’s possible that Serbia (as a province) was richer during the Yugoslav era, but it wasn’t a sovereign state so I don’t count that. This year will be the turning point for independent Serbia.
Yeah, Serbia’s population drops, Turkey’s population rises. Of course this will affect GDP **per capita**.
Both Montenegro and Serbia will be above Turkey from this year. Also North Macedonia and Bosnia in 2023 will be quiet close too. On the other hand Albania, Kosovo and Moldova are still behind
I didn’t realize either was moving.
Driven by the poor performance of the Lira. Should that currency recover, this will also be reversed
Sadly more of an indication of Turkish stagnation.
Does anyone else think the proejction for Turkey is wildly optimistic?
Fake news.
Gdp per capita PPP(purchasing power parity) is more accurate if you want to compare living standards. Many sectors are not directly correlated with us dollar in Turkey. Let me give you an example, I pay approximately 0.5 Usd for Amazon prime subscription in Turkey.
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[Source](https://www.imf.org/external/datamapper/NGDPDPC@WEO/TUR/SRB).
It’s possible that Serbia (as a province) was richer during the Yugoslav era, but it wasn’t a sovereign state so I don’t count that. This year will be the turning point for independent Serbia.
Yeah, Serbia’s population drops, Turkey’s population rises. Of course this will affect GDP **per capita**.
Both Montenegro and Serbia will be above Turkey from this year. Also North Macedonia and Bosnia in 2023 will be quiet close too. On the other hand Albania, Kosovo and Moldova are still behind
I didn’t realize either was moving.
Driven by the poor performance of the Lira. Should that currency recover, this will also be reversed
Sadly more of an indication of Turkish stagnation.
Does anyone else think the proejction for Turkey is wildly optimistic?
Fake news.
Gdp per capita PPP(purchasing power parity) is more accurate if you want to compare living standards. Many sectors are not directly correlated with us dollar in Turkey. Let me give you an example, I pay approximately 0.5 Usd for Amazon prime subscription in Turkey.
According to IMF 2022 data:
GDP per capita PPP serbia: rank 91 23,904$
GDP per capita PPP Turkiye: rank 62 37,488$
So Serbia has a long way to catch up 😉