Looking at real GDP per capita ($US dollars), many advanced economies appear essentially flat for ~15–17 years, unlike the US:

    • Australia: ~$62k (2011) → ~$64k (2024)
    • UK: ~$50k (2007) → ~$53k (2024)
    • Canada: ~$52k (2011) → ~$54k (2024)
    • France: ~$45k (2008) → ~$46k (2024)
    • Italy: ~$40k (2008) → ~$40k (2024)

    This seems too broad to be country-specific mismanagement and too persistent to be just the GFC or COVID.

    Is this a potential end to the modern growth and a return to the Malthusian era?

    Why has real GDP per capita largely stagnated across developed countries (ex-US) since ~2007?
    byu/Kitchen-Jicama8715 inAskEconomics



    Posted by Kitchen-Jicama8715

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