GDP Density Map From Econbrowser: The distribution of world income comes this map of "GDP density", calculated by multiplying GDP per capita by the number of people per square kilometer.
5 comments
I've always wondered what a cost-of-living distribution would look like... | |
it's clear from this map that Europe and Japan have a much better distribution of wealth than the US or China | |
Lawrence: Your comment is potentially misleading. This data only shows distribution in a geographic sense, not sociologically, as in the Rich v the Poor. And it does not display wealth at all. GDP is a measure of the value of one year's production. Wealth is the value of the accumulation of capital. So, instead of concluding that this map shows "distribution of wealth" one might better state that the map shows the "geographic concentration of production." In that case, it is accurate to claim the US and China have a greater inequality than Japan or Europe. | |
yes, that's sort of what I meant but I didn't say it very well. | |
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