Re:Dear Europe, please wake up
by NeutralForest on Wednesday May 01, 2024 @01:42AM
(#40219897)
You would usually use Purchasing Power Parity (PPP) such that comparison between countries is possible, because as you pointed, comparisons in absolute values between countries are not useful.
How can two people with exactly the same output (say two doctors working a shift with similar number of patience) lead one to be 20 times more productive because one bills $400 per hour and the other makes that number in a week (such as in say Turkey).
That's a 40x difference in productivity.