GDP per capita has basically all the same problems.
I'm sure it has problems, but if I look at the top of this list (and exclude the tax havens) the answer to "Would I like to live there?" is Yes.
Likewise for the bottom of the list it's an emphatic No.
Is it a completely accurate indicator? Probably not. Is it directionally accurate? Yes.
https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nomi...
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I'm sure it has problems, but if I look at the top of this list (and exclude the tax havens) the answer to "Would I like to live there?" is Yes.
Likewise for the bottom of the list it's an emphatic No.
Is it a completely accurate indicator? Probably not. Is it directionally accurate? Yes.
https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nomi...