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Statistics 4 beginners - What is included in GDP ?
Previously we wrote about USA population without elderly and youngs / students
https://t.me/FinanceFactsTelegram/334
260836730-57794852-31328131 = 172 mio
Previously we used the pro capita to calc the debs as % GDP
Obviously if we exclude such population the pro capita is different. Otherwise we would get a debt as % GDP of 160-244% (which obviously is wrong ...)
26834953000000/172000000 = 156k would be the GDP pro capita
(32000000000000 / (260836730-57794852-31328131)/156000)*100 and then we would get again the same 119 as debt as % GDP, but in such case the GDP / capita is 2x higher! while the wage of the population still remain 35k with a difference of 121k $! (and more for poor people).
https://t.me/FinanceFactsTelegram/335
Next post about GDP
https://t.me/FinanceFactsTelegram/556
Previously we wrote about USA population without elderly and youngs / students
https://t.me/FinanceFactsTelegram/334
260836730-57794852-31328131 = 172 mio
Previously we used the pro capita to calc the debs as % GDP
Obviously if we exclude such population the pro capita is different. Otherwise we would get a debt as % GDP of 160-244% (which obviously is wrong ...)
26834953000000/172000000 = 156k would be the GDP pro capita
(32000000000000 / (260836730-57794852-31328131)/156000)*100 and then we would get again the same 119 as debt as % GDP, but in such case the GDP / capita is 2x higher! while the wage of the population still remain 35k with a difference of 121k $! (and more for poor people).
https://t.me/FinanceFactsTelegram/335
Next post about GDP
https://t.me/FinanceFactsTelegram/556