[lbo-talk] GDP per capita/Dougs comments

Doug Henwood dhenwood at panix.com
Thu Jun 24 07:30:35 PDT 2004


Chris Doss wrote:


>I don't know about Chinese, but Russians live considerably better
>than one would think they do looking at the official stats, as I
>have stated before, which makes me leery of them. (Shadow economy,
>fake taxes, lots of stuff almost free, no rent, free summer house,
>stuff like that.)

The WB has Russia at 23% of US per capita GDP on a PPP basis, or around $8,200/yr - but on a market exchange basis, about 10%.

Doug



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