Britons now poorer than EU citizens (per capita, at purchase power parity)


ScientiaEtVeritas

18 comments
  1. Hello OP, could you please link a source please for approval? thank you

  2. His sub trying to mention Britain for 5 minutes 💔💔 There are other countries you know lads

  3. Try booking a holiday to a different country at purchasing power parity and tell me how you go…

  4. Colour me surprised. Dare I say it is because of something beginning with ‘B’ and ending in ‘T’???

    EDIT: I love how there’s loads of angry Brexit supporters happy enough to downvote this post but none with a sensible enough argument that they can post a reply 😝

  5. Gdp per capita is not equivalent to personal wealth of the people living on the country. Do median income or disposable income at ppp (and even then, you miss the view on people’s debts, assets outside income and public services).

    Just do the comparison between Guyana and Denmark using gdp per capita ppp to see how dumb is this post.

  6. Maybe people from Luxembourg are richer than Brits, on the other hand I am from Lithuania and the prices here are similar or sometimes even higher than those in Britain while the real wages are about 2-4 times lower.

  7. yeah but don’t forget, the EU is so corrupt, and has such low growth /s

  8. Gdp per capita more a measure of productivity instead of how ‘rich’ country’s citizens are. A better indicator is median disposable income and the UK is defo not this low

  9. Misleading chart…. putting those lines and add an event on the chart to make you believe this is the cause of it. Anyway, charts are usually stupid, they are always use in a way to mislead and propaganda. And Im not saying that about government is using it, it’s every politic of every side, every single journalist, or twitter account, etc…. You need 50 charts together to understand finance on like 15 years… this is BS

  10. This data while apparently true is also misleading, as the UK has not greatly lagged other major western European states like France, Germany, or Italy.

    The reason for the convergence above is fast growth in eastern Europe, such as Poland and Romania. These countries can grow fast due to catch-up development – setting up factories and offices that are branches of international companies seeking low cost for example – not due to everyone’s favorite political topic. See [https://en.wikipedia.org/wiki/Convergence_(economics)](https://en.wikipedia.org/wiki/Convergence_(economics))

  11. Either those numbers are BS or the PPP adjustment of some “poorer” countries has to carry hard. Because in that regard, since brexit, Britain is doing better than the other comparable economies in the EU (France and Germany)

  12. No immigration, no EU, no London, no economic growth. Where do these silly buggers think the money comes from and who do they think does the work?

  13. pointless data, the UK is much better place in which to live than the large majority of the EU

  14. average of 66k for the eu is much higher than i expected tbh

  15. An irrelevant comparison.

    You cannot accurately compare the economy of one nation in contrast with the average of a mix of 27 radically different economies.

    You also cannot compare a developed economy with a developing economy, so now exclude all of Europe east of the Adriatic.

    You definitely cannot compare economies of such drastically different sizes, so now exclude all economies under 1 Trillion USD.

    That leaves you with: Germany, France, Italy, Spain, and the Netherlands.

    If you are comparing the UK with anything other than one of these 5 nations, it is a stupid comparison.

  16. Well they got a shit-ton of third-world immigrants anyway.

    Of course EU could be beneficial but it’s genocidal as is.

Leave a Reply