| Kasz216 said: Problem Net. For a Wikiepdia list... http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28PPP%29_per_hour_worked |
Sorry that I have to disappoint you but you made a mistake. I explained above why its not that easy with such charts. Infact the number for US would be WAY lower then this.
I explain it again. This chart is measured in INTERNATIONAL DOLLARS. International Dollars are a fictional currency which represents the value of the dollar at a given time point. 1990 or 2000. All currencys lose value through the years. But International Dollar stays stable. This Dollar you can see on your chart is MORE worth then the Euro. It has not lost any value over the years thats the idea behind the international dollar. look at my chart.l
We have two charts MY list is once with International Dollars and Once with US Dollars. You can click on the link to check the data fif you want. both charts show USA one time with US Dollars and One time in International Dollars.
US Dollars 15 Vereinigte Staaten/USA 46.859
Int Dollars 6 Vereinigte Staaten/USA 46.859
Hmm weird huh all currencys have lost against the International Dollar look Luxembourg earned 113000 US DOLLARS. But in the other table it has just 86000 International Dollars. So the US Dollar lost actually value against the International Dollar. Yes every currency lost value against the international dollar BUT they transfer the US Dollar one to one. One Int Dollar equals One US Dollar. But thats not true. This is the priviliege the USA has because they have the World currency. So they have also a better position.
lets calculate in the year 2008 Luxembourg had a average income of 113000 Dollar per year. This equals 86000 International Dollars. So lets do the math to see how much US Dollars an International Dollar is REALLY worth. 83000/113000 roughly 75 Cent. One Us Dollar equals roughly 75 Cent of the International Dollar in the year 2008 nowadays its even less due to inflation. Every country gives a slightly different result depending on currency and prices in the region But we can say since the countrys range between 72-78 Cent International Dollar per US Dollar we can assume that One Us Dollar is about 75 International Dollar Cent. We can also take 80 Cent. If you want. It is ofcourse harder to calculate because not only the inflation but also the costs for the standard basket will be calculated in the value of the yearly income in International Dollars. So US could be a little higher or lower. But we know for sure that US Dollar has lost significant value the last 10 years. because every single currency has it.
All currencys on your list are translated in the International Dollar except the US Dollar because US Dollar=International Dollar but in reality US Dollar =/= International Dollar. So its obvious why the US is on the first place. Its ofcourse common and accepted but this is one of the many priviliges which US can have but this is just cosmetic not the reality.
Ok lets calculate 80 Cent International Dollar per US Dollar /thats less loss then the Euro or Pound or Yen had against International Dollar:
Ok 36.88 US= International Dollars per Capita per hour *0,80 equals 29.50 US Dollars. Infact this is the real figure US has. Int =/= Us Dollar but infact everyone calculates it like that. with this number we find USA between Finnland and Germany on 13 Place. And all studies have a sense again.
Bring me some other data and we can talk about that again but this data, you showed me just confirms my point.
I think this whole data stuff is nonsense its impossible to track all that stuff correctly. And its impossible to level the differences between the countrys so perfectly that you could really compare it. USA is not less or not more productive then the European or Japanese people that can change from area to area ofcourse but I mean in average.
(I hopefully explained it understandable why things measured in the international dollar are correct for all countrys except the US)
If not I will explain it tomorrow thorougly with further data and more examples.
