Let we continue the topic about the bullshit of GDP with the example of Italy.

You can immediately see that GDP is huge different inside a country.

So already talking about GDP of a country is just bullshit! if in one region is 2x the other one ...

GDP per capita, consumption per capita and price level indices https://perma.cc/SC7Q-2KRH

Real GDP per capita https://perma.cc/8MUW-R6CK
They show a GDP of 28220€

while International Monetary Fund 36810$ and Statistica 32390€ https://perma.cc/S9BB-ETKZ ... (again about difference between sources)
https://news.1rj.ru/str/FinanceFactsTelegram/566

In 2022 GDP at current prices grew by 6.8% (to 1,946,479 million euro) compared with the previous year https://perma.cc/5U4E-TUGF

Pil pro capite misurato in PPS: Nel 2021, si va dai 18.638 euro della Bulgaria agli 87.056 euro del Lussemburgo; con 30.855 euro, l’Italia si colloca leggermente al di sotto della media Ue (32.428 euro) https://perma.cc/UF3E-9WSE

Economia e Finanza https://perma.cc/GKC4-JE6E

Gross Domestic Product (GDP) per capita in Italy from 2009 to 2020 https://perma.cc/7YM6-ZRDX

PIL pro capite, consumi pro capite e indici dei livelli dei prezzi https://perma.cc/B9KJ-QXR7

Gli andamenti di lungo periodo dell’economia italiana https://perma.cc/K65J-9CYD

Il PIL italiano https://perma.cc/5SZF-GV56

Annual national accounts - evolution of the income components of GDP https://perma.cc/3A7R-QWT6

List of European countries by average wage https://perma.cc/U2MW-WV3S

Economic forecast for Italy https://perma.cc/UFJ2-Z3US

The GDP per capita in Italy is pretty high (especially total), compared to other countries BUT THE WAGE IS STILL LESS THAN OTHER COUNTRIES! Obviously more GDP = more possibility that the ø could be higher, but this is not a synonym!

So again GDP is not synonym of being rich!!! but more "some people could maybe be rich in such country"
https://news.1rj.ru/str/FinanceFactsTelegram/565

Go to picture 1 https://news.1rj.ru/str/FinanceFactsTelegram/576

More about Italy: scroll down from
https://news.1rj.ru/str/FinanceFactsTelegram/378