You may know this feeling: that our deepest insights into the world come from talking to a taxi driver. A colleague uses this method to predict election results, and is not wrong more often than right. I use this method to find out a little about any new country I visit.
This is hard in Spain, because most Spaniards do not speak English. In Madrid we had the luck to get into a taxi driven by a Nigerian emigre. He said he loved Spain because of the weather and the attitude of people even though it was not a rich country. The Family raised a questioning eyebrow at me. I shrugged a silent "No idea" in reply.
Later I looked at the web. Spain, like most of the rest of the world has been in financial shock in the last few years. It is certainly not in the world’s top ten economies. But is it rich or poor? I guess one way to judge is by the purchasing power of people. The taxi driver we talked to visited Nigeria every year, and had taken a vacation in Japan and India. So he was better off than any taxi driver we had met in China or India.
I decided to look at another measure: the per capita gross domestic product. This is the average economic output of each person in the country. Of course this is a very indirect way to measure the wealth of people, but it is indicative in some ways. By this count the USA tops the world with about 55,120 USD per head in 2017. The triad of UK, Canada and Germany follow closely, with 43815, 41098 and 40133 USD per head. France, Japan and Italy are also rich by this measure with 35,566, 34,715 and 29,605 USD per head. Of the world’s top ten economies, Brazil and China are distinctly middle-income, with per capita GDP of 8,508 and 7,944 USD respectively. India, with 1,490 USD per head is the poorest of the top ten economies of the world.
I could not find this year’s data for Spain. I had to go back to data from two years ago. Then Spain had a per capita GDP of 25,752 USD. This could make it poor by European standards, but definitely one of the richest in the world. Score one more insight due to chatting with a taxi driver.