In case you wonder about Guyana: they discovered a lot of oil in the 2010s.
And ESA’s rocket launch complex.. Wrong country, sorryI guess that does employ a whole bunch of people, but idk if it’s enough to raise the gdp per capita significantly.
Edit: also wrong country, the ESA center is in French Guyana.
Yes, I just realize it’s the wrong country. Sorry
That’s in French Guiana. https://en.wikipedia.org/wiki/Guiana_Space_Centre
Oh crap, that is embarrassing. Thanks for the correction
i wonder why the fuck guyana with 60k has the same colour as argentina with 27k
like, come on. That’s not how that should work!
Is adjusted for inflation?
Guyana killing it.
The reward for that is that they have to fend is invasion from Venezuela.
Putin tried to get maduro to stir up another conflict to distract the US from Ukraine. Maduro flew to Moscow right before trying that invasion
Does 4-5x outpace inflation?
Per the map it’s “GDP purchasing power per capita” which sounds inflation adjusted.
Probably not, but I think it must be inflation adjusted.
How could Venezula start out as the strongest, keep the exact value and end up being in last place?
Dictator
Extreme US sanctions because the US has to play Team America World Police against any country that dares socialism.
This is not true. Our economic crisis started with the drop of the oil price which predates US sanctions by 5 years.
Certainly is drastically making things worse now though, right?
Not particularly. Read up on it from an unbiased source and you’ll notice that most vital humanitarian items (medicines, food, vaccines, etc.) are exempted. While luxury and consumer items are mostly untouched as well. It’s actually private personal accounts and industrial transactions of the politically affiliated capital owners, that support the current government, that are sanctioned. Also oil sales specifically. The sanctions were also gradually reduced for almost two years during negotiations, then completely halted after a partial agreement in October last year.
The, “us sanctions are killing Venezuelan people” is actually a global left propaganda piece. The Chavista government was killing Venezuelan people and stealing money way before the US instated sanctions.
I wonder what is driving Chile and Argentinas growth?
A bit surprise about Argentina since I heard they had problems with the economy for a long time. And well Chile as well since in many aspects it is a poor country, with big inequalities.
China is a big trade partner with Chile. I would assume Argentina or most South American countries too. Chile has a bunch of shipping ports and China has ships with crap it wants to sell.
Those Argentinian numbers look a lot suspicious
It’s being distributed, right? Right?
You were downvoted but it’s a valid point. Wealth inequality is huge in south america and I was pretty sure that Argentina is on a massive economic crysis right now, things have not improved across the board here.
Tf happened to Venezuela?
Dictator
Mildly communist government fucked their economy. Corruption ate the state oil company from within.
