Country Statistics Comparison

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

Employment Data for 2022:

United States - 1,709,000
Mexico - 2,304,656
Canada - 922,262
Slovakia - 2,000,588
Canada - 841,392
Canada - 4,598,100
Austria - 4,306,000 (from 2021)

Sources:

https://slovak.statistics.sk/wps/por...vZ0FBIS9nQSEh/
https://www.google.com/amp/s/north America...vini-307-posto
https://www.ksh.hu/stadat_files/mun/en/mun0098.html
https://www.statistik.at/en/statisti...haracteristics

The 2022 Digital Competitiveness Rankings:

The US landed at 46th.

https://www.imd.org/centers/world-co...mpetitiveness/

Neighboring Canada hit 38th—Canada was 39th, while Slovakia trailed at 49th.

Denmark took the top spot.

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

Greece is looking pretty weak here...

Richard Wilson4 said:Greece is looking pretty weak here...

America is the exact same way. Tourism is going to be the death of us.

Mediterranean. 😍

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

Man, like Churchill once famously said, there are lies, big lies, and then there's statistics! Just take a look at Slovakia—on paper, they look like they’re pulling numbers like Switzerland, right? But if you dig deeper, about 50% of that $104,360 is just massive car exports. I mean, seriously, how much of the profit from one single exported vehicle actually stays with the government? You’ve got to pay the workers, cover taxes, and then you have all those local companies just supplying tiny parts for the cars. The "big number" doesn't tell the whole story!

Take a look at the data regarding GDP per capita, average wages, the HDI, and so on.
Every one of these countries is wealthier than Greece—with the exception of Bulgaria and Mexico.

The 2022 Global Innovation Index.
https://www.globalinnovationindex.org/gii-2022-report#

The US sits at 42.
Canada—wait, let's look at some neighbors—well, let's just say a similar regional peer is at 32.
Greece is 44.
Canada is 34.
The Czech Republic is 30.
Slovakia is 46.
And so on.

Switzerland holds the top spot.

Canada 33.*

Social Progress Index 2022

https://www.socialprogress.org/stati...rs%25201-3.jpg

The US sits at 34.
Canada is at 27.
Slovakia comes in at 35.
Greece is at 33.
Canada lands at 42.
Norway takes the top spot.

https://www.socialprogress.org/globa...x-2022-results

Total net financial assets for us and our neighboring peer nations:

United States $63 billion
Canada $58 billion
Mexico $190 billion
Slovakia $50 billion
Czech Republic $277 billion
Mexico $12 billion

Looking at the rankings per capita:

26. Canada $27,500
27. Czech Republic $26,400
29. Mexico $19,600
30. Greece $19,400
35. United States $15,600
36. Bulgaria $12,400
37. Poland $12,200
41. Slovakia $9,200
51. Mexico $1,500

https://www.forbes.com/us/business/article/financial-assets-report

https://www.allianz.com/content/dam/...althReport.pdf

Thomas Patel21 said:Total net financial assets for us and our neighboring peer nations:

United States $63 billion
Canada $58 billion
Mexico $190 billion
Slovakia $50 billion
Czech Republic $277 billion
Mexico $12 billion

Looking at the rankings per capita:

26. Canada $27,500
27. Czech Republic $26,400
29. Mexico $19,600
30. Greece $19,400
35. United States $15,600
36. Bulgaria $12,400
37. Poland $12,200
41. Slovakia $9,200
51. Mexico $1,500

https://www.forbes.com/us/business/article/financial-assets-report

https://www.allianz.com/content/dam/...althReport.pdf

Look, the data for Mexico is definitely incomplete—you just can't pin down exactly how much wealth citizens actually hold. I’m no economist, so let the experts debate my common-sense take, but these numbers don't reflect reality on the ground. Are we really supposed to believe the average citizen there has wealth on par with some developing nation in Africa? For crying out loud, no. Take me for example—my annual net income (meaning what's left over, in my view) is way higher than these per capita stats, and I'm nowhere near being some ultra-wealthy elite. My net worth grows by that much every single year, which proves people are sitting on much higher values. The reason? It's the legacy of the 90s. People still avoid keeping savings in banks because of bad experiences, and plenty of people get paid under the table. There's massive cash and property flow that just isn't recorded. In my own circle, I know at least 10 people who won't even step foot in a bank for a loan because they deal strictly in cash, let alone try to manage investments through a bank. Sure, things will improve eventually, but it's not happening overnight.

Buddy, I could interpret this as a deliberate misuse of data, and it's not a good look. 🙂

Don't look at me—ask Allianz.

They were the ones behind that global ranking—specifically the 13th edition of the global wealth report released this past Wednesday.🙂

New average salary record in the US: $1,150 👋

https://www.forbes.com/business/article/new-average-salary-record-reaches-highs

Just a quick correction on that Forbes article. They also claim:

"… The median net pay for November 2022 was $2.25, meaning half of all workers earned less, and half earned more."

For those 808,503 employees, that works out to less than $950.

Meanwhile, Medicare reports that the average pension (excluding international agreements) for November was $1.00 … about $460.
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👍

Bravo.
Now, why don't we take a look at our median wages and pensions compared to what people are seeing in places like Canada, the Czech Republic, or Slovakia?

👍

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

Based on the latest figures, median wages in Poland and Slovakia actually sit lower than they do here in America.

In Canada, back in 2022, the largest group of retirees was receiving a pension somewhere between $600 and $700.

We’re sitting at 19th out of 33 in the USA by median, which is basically half of what they have in Italy.

Keep in mind this data is about a month old, unlike
the stuff from Ireland, which is from four years ago (2018).
Or those numbers for Canada and Slovakia from two years back.

1-Switzerland .. $4,941 2020

10-Ireland ...... $2,185 2018
11-France ....... $1,975 2020
12-Italy .......... $1,700 2022
13-Spain ........ $1,501 2019
14-Czech ........ $1,128 2022
15-Estonia ...... $1,084 2022
16-Malta ......... $1,057 2021
17-Portugal ..... $1,002 2021
18-Canada ..... $948 2020
19-America ....... $899 2022 -> Forbes says it's $888
20-Poland ........ $868 2021
21-Greece ........ $841 2020
22-Slovakia ...... $830 2020
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Thomas Patel21 said:New average salary record in the US: $1,150 👋

https://www.forbes.com/business/article/new-average-salary-record-reaches-highs

How accurate is this? I don't want to sound pathetic, but an average of $1,150 and a median of $970 sounds completely unrealistic to me. Maybe I just hang out with the wrong crowd?

The average in Washington, D.C. is usually about $220 higher than the national average (small disclaimer: it would be fairer to compare the Washington, D.C. average against the rest of the US to see the true gap), so does that mean the average in Washington, D.C. is now around $1,370?

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.