Handout A: Comparative Data
Handout A: Comparative Data
Per capita real GDP
This is a measure of the total dollar value of goods and services produced within a country in a year divided by that country’s population, adjusted for inflation. Although it is a highly imperfect measure, it does give a general idea of the relative incomes of countries on a per-person basis.
Source: https://www.cia.gov/the-world-factbook/field/real-gdp-per-capita/country-comparison
Real per capital GDP in US$/international rank (1=best)
- Chile: $19,100/74
- China: $9,800/120
- Cuba: $10,200/117
- Korea, North: $1,800/197
- Korea, South: $33,200/42
- Mauritius: $16,100/86
- Nigeria: $2,800/180
- Singapore: $62,400/7
- Switzerland: $46,000/15
- USA: $52,800/14
Index of Economic Freedom ranking
This is an index published annually by the Heritage Foundation and the Wall Street Journal newspaper that attempts to demonstrate the link between human freedoms in several areas and national prosperity. Using statistics from several respected international organizations, the index rates states on 10 broad factors of economic freedom, such as business freedom, property rights, and freedom from corruption.
Source: http://www.heritage.org/index/ranking
Economic freedom score (higher=freer)/international rank (1=best)
- Chile: 78.7/7
- China: 52.5/137
- Cuba: 28.7/177
- Korea, North: 1.0/178
- Korea, South: 71.2/31
- Mauritius: 76.5/8
- Nigeria: 54.3/129
- Singapore: 89.4/2
- Switzerland: 81.6/4
- USA: 75.5/12
Human Development Index
The Human Development Index, published by the United Nations Development Programme, is a composite measure of state-level achievement in three broad areas: health, income, and education. Its authors claim that the analysis is intellectually independent and empirically grounded.
Source: http://hdr.undp.org/en/content/human-development-index-hdi
Human development index score (1.0 = highest)/international ranking
- Chile: 0.819/40
- China: 0.690/101
- Cuba: 0.78/59
- Korea, North: No ranking
- Korea, South: 0.909/12
- Mauritius: 0.737/80
- Nigeria: 0.471/153
- Singapore: 0.895/18
- Switzerland: 0.913/9
- USA: 0.937/3
Global Competitiveness Report index
Published annually by the World Economic Forum, the Global Competitiveness Report uses 110 variables to “assess the ability of countries to provide high levels of prosperity to their citizens. This in turn depends on how productively a country uses available resources.”
Source: https://www.weforum.org/reports/the-global-competitiveness-report-2020
Score (1-7. 7 = highest)/international ranking
- Chile: 4.61/34
- China: 4.84/29
- Cuba: No ranking
- Korea, North: No ranking
- Korea, South: 5.01/25
- Mauritius: 4.45/45
- Nigeria: 3.57/120
- Singapore: 5.51/2
- Switzerland: 5.67/1
- USA: 5.48/5
Freedom in the World Index
“Freedom in the World” is Freedom House’s annual report that attempts to quantify the state of political freedom and civil liberties around the world.
Source: http://www.freedomhouse.org/report-types/freedom-world#.U2_e_eZdXHJ
Score (1-7. 1=Most free)
- Chile: 1.0/7/0; free
- China: 6.7/7.0; not free
- Cuba: 6.5/7.0; not free
- Korea, North: 7.0/7.0/not free
- Korea, South: 1.5/free
- Mauritius: 1.5/7.0; free
- Nigeria: 4.5/7.0; partly free
- Singapore: 4.0/partly free
- Switzerland: 1.0/7.0; free
- USA: 1.0/7.0; free
Worldwide Governance Indicators: Rule of Law
The Worldwide Governance Indicators are the World Bank’s attempts to quantify and analyze six broad measurements of governance. The data below examine the rule of law; that is, the fair, functioning, and universal application of “just” legal codes in a society.
Source: http://info.worldbank.org/governance/wgi/index.aspx#reports
Score (-2.5 (lowest/worst) to 2.5 (highest/best)). Percentile is world ranking, with 99% being the top.
- Chile: 1.37/88.15 percentile
- China: -0.49/38.36 percentile
- Cuba: -0.64/32.23 percentile
- Korea, North: -1.25/9.00 percentile
- Korea, South: 0.97/79.62 percentile
- Mauritius: 0.94/78.20 percentile
- Nigeria: Score -1.18/10.43 percentile
- Singapore: 1.77/95.73 percentile
- Switzerland: 1.81/96.68 percentile
- USA: Score 1.60/91.47 percentile
Total natural resources rents (% of GDP) – Country ranking
This is the represents the total percentage of national earnings from oil, natural gas, coal, minerals, and timber. The ranking is the world ranking of this percentage of reliance on resource wealth.
Source: http://www.indexmundi.com/facts/indicators/NY.GDP.TOTL.RT.ZS/rankings
- Chile: 19.16%/34
- China: 9.09%/57
- Cuba: 5.26%/74
- Korea, North: No data
- Korea, South: 0.07%/159
- Mauritius: 0.01%/169
- Nigeria: Score 35.77%/19
- Singapore: 0.00%/171
- Switzerland: 0.02%/165
- USA: 1.73%/109