Brits now richer than Yanks.

[Gadjodilo]

[size=7]Britons 'richer than Americans' [/size]

The average UK person will this year have a greater income than their US counterpart for the first time since the 19th Century, figures suggest.
Analyst Oxford Economics said the UK's GDP per head of population will reach £23,500 - £250 higher than in the US.

However, because goods and services are cheaper in the US, Americans will have stronger purchasing power, it added.

UK GDP per capita will also be higher than in Germany (£21,665) and France (£21,700), Oxford Economics calculated.

Managing director Adrian Cooper said: "The last 15 years have seen a dramatic change in the UK's economic performance and its position in the world economy.

"No longer are we the 'sick man of Europe'."

More here:
http://news.bbc.co.uk/1/hi/business/7174372.stm

[Rapisco]

[size=7]Britons 'richer than Americans' [/size]

The average UK person will this year have a greater income than their US counterpart for the first time since the 19th Century, figures suggest.
Analyst Oxford Economics said the UK's GDP per head of population will reach £23,500 - £250 higher than in the US.

However, because goods and services are cheaper in the US, Americans will have stronger purchasing power, it added.

UK GDP per capita will also be higher than in Germany (£21,665) and France (£21,700), Oxford Economics calculated.

Managing director Adrian Cooper said: "The last 15 years have seen a dramatic change in the UK's economic performance and its position in the world economy.

"No longer are we the 'sick man of Europe'."

More here:
http://news.bbc.co.uk/1/hi/business/7174372.stm

Where do we come in (Proportionatly?)

[A guy called Dave]

Hmmm.

However, the gap between the rich and poor is also increasing somewhat, so I'm a bit suss about how accurate a picture this represents.

There's no mention of any more countries, other than what's already mentioned.

[gaelach]

According to the IMF.

GDP (based on PPP) per capita

Ireland= $48, 954
US = $45,968
UK= $38, 742

[dub006]

According to the IMF.

GDP (based on PPP) per capita

Ireland= $48, 954
US = $45,968
UK= $38, 742

Yes.However with the sinking dollar Irish GDP per head has increased over the past year and the U.S. GDP per head has fallen according to relative strengths of Euro versus Dollar.

A better measure is to compare salaries for particular types of employment with purchasing power for both countries.

[gaelach]

According to the IMF.

GDP (based on PPP) per capita

Ireland= $48, 954
US = $45,968
UK= $38, 742

Yes.However with the sinking dollar Irish GDP per head has increased over the past year and the U.S. GDP per head has fallen according to relative strengths of Euro versus Dollar.

A better measure is to compare salaries for particular types of employment with purchasing power for both countries.

The above figures are based on PPP.

[Binx]

According to the IMF.

GDP (based on PPP) per capita

Ireland= $48, 954
US = $45,968
UK= $38, 742

Who says macroeconomics tutorials never come in handy

[gaelach]

According to the IMF.

GDP (based on PPP) per capita

Ireland= $48, 954
US = $45,968
UK= $38, 742

Who says macroeconomics tutorials never come in handy

Pity I couldn't do a bit of study

[Fr. Dougal McGuire]

GNP is a better measure for Ireland as it strips out the profits repatriated to the US and elsewhere, which is significant. Does anyone have those figures?

[Binx]

According to the IMF.

GDP (based on PPP) per capita

Ireland= $48, 954
US = $45,968
UK= $38, 742

Who says macroeconomics tutorials never come in handy

Pity I couldn't do a bit of study

Its no picnic, i tell ya! So what were we talking about? Oh yeah, the brits have a few pound in their pocket. Good for them.