Is there any particular reason for the good performance of Slovenia?
GDP is a meaningless measure of longterm economic health, since it omits several factors that are existentially necessary for longterm economic health. Two are overall feeling of wellbeing, and the capacity of “ecosystem services” to continue serving our civilization in the ways they have for so long been taken for granted.
Very nice map, it includes both the most important GDP metric, how much growth there has been since 2019, which is otherwise hard to track and compare, what with countries dropping by 3-10% in 2020 and then recovering by the same amount, in one or two years, and it presents the data in an easily identifiable way. Only way it could be better is if it included GDP per capita growth, but that’s almost always forgotten anyways.
And yeah the real data counters the frequent propaganda from CityAm, the BBC and the Telegraph about how the UK’s economy is so great. Adjusted for population growth it’s only ahead of Germany and Czechia and they have better excuses for stagnating.
Can we do per capita accounting for population change?
who orders periods like that?
I’m happy that Croatia is finally managing to get something out of its EU membership. Took us long enough, and we missed the best period anyway, but it’s at least something.
8 comments
Sources:
[Eurostat](https://ec.europa.eu/eurostat/databrowser/view/NAMQ_10_GDP__custom_6487068/default/table?lang=en)
[Office for National Statistics](https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/quarterlynationalaccounts/apriltojune2023)
[OECD](https://www.oecd.org/newsroom/g20-gdp-growth-second-quarter-2023-oecd.htm)
Is there any particular reason for the good performance of Slovenia?
GDP is a meaningless measure of longterm economic health, since it omits several factors that are existentially necessary for longterm economic health. Two are overall feeling of wellbeing, and the capacity of “ecosystem services” to continue serving our civilization in the ways they have for so long been taken for granted.
Very nice map, it includes both the most important GDP metric, how much growth there has been since 2019, which is otherwise hard to track and compare, what with countries dropping by 3-10% in 2020 and then recovering by the same amount, in one or two years, and it presents the data in an easily identifiable way. Only way it could be better is if it included GDP per capita growth, but that’s almost always forgotten anyways.
And yeah the real data counters the frequent propaganda from CityAm, the BBC and the Telegraph about how the UK’s economy is so great. Adjusted for population growth it’s only ahead of Germany and Czechia and they have better excuses for stagnating.
Can we do per capita accounting for population change?
who orders periods like that?
I’m happy that Croatia is finally managing to get something out of its EU membership. Took us long enough, and we missed the best period anyway, but it’s at least something.