‼️WE JUST LAUNCHED A NEW CHANNEL, where we compare the United States 🇺🇸, Europe 🇪🇺, and Canada 🇨🇦! Here’s the link: https://www.youtube.com/channel/UCQ4R3gLZsHoHIEOScjKKwIw
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Who is the true economic giant of Europe? We often hear about “rich countries” and “poor countries,” but to truly understand this, looking at the raw GDP numbers is not enough. We need a special lens: GDP per capita adjusted for Purchasing Power Parity.
Imagine going grocery shopping: €100 won’t fill the same cart in Paris and Tirana, right? That’s because the cost of living differs from country to country! This is why economists use GDP per capita adjusted for PPP. Essentially, we take a country’s total wealth, divide it by its population, and then “adjust” everything according to the local cost of living. It’s like converting all prices into a universal currency to compare people’s true purchasing power.
This measurement reveals the real average wealth, the one that truly matters in everyday life. Today, we unveil the ultimate ranking of the wealth of all European countries. Welcome to Amazing Europe and to the video "Forget Basic GDP! This Map Shows How Rich Europe Actually Is".
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🇫🇷🇫🇷NOTRE CHAÎNE FRANÇAISE🇫🇷🇫🇷
Surprenante Europe ➡️ youtube.com/channel/UCR0lE5Pr0_1XUbEPig05qCQ
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OTHER OUR VIDEOS:
📺The Dark Reality: TOP 10 Fastest Dying European Countries Exposed: youtu.be/kyoxBWmZSFM
📺Expats Beware: 10 Unfriendly European Countries: youtu.be/tuZ2tsROOnM
📺TOP 10 Friendliest and Most Hospitable Countries in Europe:
youtu.be/nF-DVuIl-V0
📺Tourists Beware: 10 Rudest European Cities: youtu.be/cRXrIl8KJb4
📺TOP 10 Saddest Nations in Europe: youtu.be/ysyE8lGvcgA
📺TOP 10 Most Dangerous Countries in Europe: youtu.be/_EXHAvSYAbc
📺TOP 10 Safest Countries in Europe: youtu.be/k5b4phRF-Co