per-capita

Seems to me, they are catching up as fast as a low-per-capita income country cound for healthcare spending.

Arguably, roadway accidents far, far outnumber the number per-capita of space accidents.

I'd like someone to explain the impact of a per-capita debt of over $150K and 229% of GDP on the People's Republic of Switzerland.

The per-capita gdp doesn't translate to purchasning power.

Even per-capita would represent the differences better.

> Arguably, roadway accidents far, far outnumber the number per-capita of space accidents.

> I'd like someone to explain the impact of a per-capita debt of over $150K and 229% of GDP on the People's Republic of Switzerland.

The picture looks very different if you use purchasing power parity; per Wikipedia, which cites roughly the same nominal per-capita GDPs, in PPP dollars: Switzerland 58,731 United States 54,596 If you then factor in the demographics....

Consider our per-capita GDPs (2013, nominal dollars)[1]: Switzerland 84,748 United States 53,042 So even if the US passed new employment laws and embraced work-life balance, we would still have only 63% of Switzerland's money to spend on each person.

Regarding (1), it is possible that living in a tax shelter gives residents without a fortune more opportunities to make money than living in a country like Germany or the US does, but I lean towards the possibility that per-capita GDP is simply inaccurate or flawed as measure of the economic prospects of the residents who don't have fortunes.

Also, Singapore's per-capita GDP is very high compared to the personal income of its human residents (I have read) and I figure that was because a large fraction of Singapore's businesses are owned by non-Singaporeans (which has been the case, BTW, since Singapore's founding by British trading interests).

OK, but if a larger percentage of Swiss residents emigrated there for the favorable tax laws than emigrated to the US for the same reason, that could inflate Swiss GDP, i.e., make the Swiss per-capita GDP an overly optimistic measure of what life is like for Swiss residents who haven't acquired wealth outside Switzerland.