2/4/23

Real GDP per capita: Ukraine, Georgia, and Moldova. Ukraine below the 1970 level - lost half-century.

The real GDP per capita is a good measure of the country's prosperity and the shape of the economy. It also may indicate the direction of future evolution.  The figure below is borrowed from "The Conference Board Total Economy Database™ - Output, Labor and Labor Productivity, 1950-2022. April 2022." This might be not the most reliable source of data, but all other sources give similar results

Ukraine is a failed economy with a current GDP per capita level below that in 1970. The lost half-century. Georgia and Moldova overcame the 1970s in the 2010s, but are still at the level of 1988.   





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