Country Statistics Comparison

Let’s run a quick comparison of monthly gross salaries against the folks in Slovakia—I haven't been able to track down the most recent net figures over there just yet.

US gross, November 2022: $1,550
https://www.forbes.com/sites/business/example-link-placeholder

Slovak gross, Q3 2022: $1,400
https://www.census.gov/examples/placeholder

Thomas Patel21 said:Every single country asks the exact same question once the average salary data hits the news—and everywhere you go, people think the numbers look totally unrealistic.

By the way, it seems like here in America, everyone is obsessed with mentioning the median wage. It’s actually surprisingly tough to track down fresh median data in other countries to make a fair comparison. Most places just stick to talking about average salaries.

They mention the median in Mexico too, and honestly, it's a much better statistical metric than just using the average. We discussed this regarding Mexico before; an average salary of $2,500 doesn't sound all that bad, but when you realize 50% of the population earns less than $1,800, it puts everything into a much sharper perspective.

The median price over in Mexico is $530.

2022 Corruption Perceptions Index:

1. Denmark (90)
22. Austria (71)
41. Italy (56) and Canada (56)
57. United States (50)
65. Mexico (45)
77. Canada (42)
101. Mexico (36)
110. Canada (34)

https://www.transparency.org/en/cpi/2022

The preliminary GDP per capita (PPP) figures for 2022 have just been released. Here’s the breakdown:

United States - 73% of the global average
Slovakia - 67% of the global average
Greece - 68% of the global average
United States - 92% of the global average
Czech Republic - 91% of the global average

The United States, Czech Republic, Lithuania, and Estonia have all significantly pulled ahead of Spain—which sits at 85% of the global average—and they might even overtake Italy quite soon, currently at 96%.
https://ec.europa.eu/eurostat/databr...5-b27cfb6782b7

Thomas Patel21 said:2021 Export Data:

United States - 331 million people - exports $22,779
Canada - 2.1 million people - exports $46,771
Latvia - 1.9 million people - exports $19,504
Estonia - 1.3 million people - exports $22,282
Lithuania - 2.8 million people - exports $40,813
Bulgaria - 6.5 million people - exports $41,943
Mexico - 6.7 million people - exports $25,563
Greece - 10.4 million people - exports $46,451
Slovakia - 5.4 million people - exports $104,360

https://en.m.wikipedia.org/wiki/List...ies_by_exports

Alright, let's see the import numbers now. My money is on the US and Canada leading the pack there.

Canada is basically our Switzerland.

2020 Import Data:

United States - 333 million people - $2.5 trillion
Canada - 2.1 million people - $42,120
Canada - approx. 2.9 million people - $11,158 (2019)

https://en.m.wikipedia.org/wiki/List...ies_by_imports

Thomas Patel21 said:2021 Export Data:

United States - 331 million people - exports $22,779
Canada - 2.1 million people - exports $46,771
Latvia - 1.9 million people - exports $19,504
Estonia - 1.3 million people - exports $22,282
Lithuania - 2.8 million people - exports $40,813
Bulgaria - 6.5 million people - exports $41,943
Mexico - 6.7 million people - exports $25,563
Greece - 10.4 million people - exports $46,451
Slovakia - 5.4 million people - exports $104,360

https://en.m.wikipedia.org/wiki/List...ies_by_exports

Sarah Sullivan36 said:America is the exact same way. Tourism is going to be the death of us.

The US export sector—and domestic manufacturing at large—has been systematically gutted by three decades of an overvalued dollar (an issue that remains unresolved, especially since adopting the US Dollar under these specific economic conditions). In short:

March 2023 Inflation Rates:
USA 10.6%
Canada 10.5%

2022 Public Debt:
USA 70.4% of GDP
Canada 69.9% of GDP

https://news.abc.com/economy/...post-10691599
https://www.reuters.com/economy/gdp-debt-stats...
https://www.federalreserve.gov/-/debt-of-the-state...-on-70.4-percent-of-gdp

The IMF just released their latest 2023 GDP per capita data.
https://en.m.wikipedia.org/wiki/List...al)_per_capita

I’ve pulled out a few figures that caught my eye—especially when looking at how they stack up against the US.
Interestingly, Canada actually sits ahead of Spain in this category.

USA: $26,354
Canada: $32,214
Canada: $19,385
Poland: $19,192
Spain: $31,223
Slovakia: $23,457

Inflation rates, April 2023:

United States 8.9%
United States 9.4%
United States 9.8%

https://www.bea.gov/
https://www.bls.gov/
https://www.census.gov/

New record high for average net wages in America: $1,225

https://www.bls.gov/news.release/archives/2024/monthly/esalaw.htm

Employed, 4/2023: 1,608,454
Unemployment, 4/2023: 6.1%

https://www.bls.gov/

We haven't seen unemployment rates this low in nearly forty years—if you look back at the data, we're talking since somewhere in the mid-80s. It’s a massive shift, really. Unfortunately, a huge chunk of that is driven by emigration, though honestly, even back then, the brain drain was already a significant factor.

Thomas Patel21 said:2021 Export Data:

United States - 331 million people - exports $22,779
Canada - 2.1 million people - exports $46,771
Latvia - 1.9 million people - exports $19,504
Estonia - 1.3 million people - exports $22,282
Lithuania - 2.8 million people - exports $40,813
Bulgaria - 6.5 million people - exports $41,943
Mexico - 6.7 million people - exports $25,563
Greece - 10.4 million people - exports $46,451
Slovakia - 5.4 million people - exports $104,360

https://en.m.wikipedia.org/wiki/List...ies_by_exports

We really need to wipe out the corruption...