Monday, February 24, 2025

US Economy by State vs the EU by Country: Fair Comparison?

The US economy is 33% larger than the EU economy.  The population of the US is approx 345 million. The EU's population is approximately 450 million----23% larger than the US. 

Calculate GDP per person for each geographic area

Calculate US State GSP (Gross State Product) and Individual Country GDP

Make comparisons.

Questions: What do these calculations say about distribution of that "product"?  Does it matter?

Link to US Economy. Link to EU Economy




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