Evolution of Spain’s GDP per capita as a percentage of Germany, France, UK and Italy’s average since 1960. [OC] [source: World Bank]
Evolution of Spain’s GDP per capita as a percentage of Germany, France, UK and Italy’s average since 1960. [OC] [source: World Bank]
4 comments
If you ignore the last five years it’s a pretty nice bull pattern lol
Kind of crazy we doubled from around 1/3 to 2/3 in the 60s and 70s
Spain’s development is really impressive and not talked about enough imo. It tends to get lumped in with Italy, but Spain started way worse and appears to be doing much better in digitalization for example.
Sallaries in Spain have been frozen since the 00s, it is impossible for the youth to emancipate(average age is 28) and form families and have children, since the price of renting a house has rocketed in the last decade. So yeah, we are living way worse than our parents. And seems no true solutions are on the way…
Really good news