Sorry you lost me there. Can you point that out in the numbers?
Also I realised that I don't understand what you mean by PPP adjusted. I thought we were talking about adjusting GDP per capita vs per hours.
Oh, Purchasing Power Parity. I see.
Well, I disagree here but that out of my depth. I think without adjustment those metrics would measure how your currency is faring on the currency market. Not the house you can buy, the food you can put on the table and so on.
But I see your point, if we talk about productivity, we should compare Apple to Apple and not "Adjusted Apple" to "Apple".
It also depends who is seen as the repository for this productivity. The worker? Or the economy.
If it's the later we should talk in USD with a date on it. I agree.
If it's the worker, well, I care about what I can buy with the money deposited in my bank account, not what I could buy if I was living in Hungary or Japan. Then PPP make sense. It's also common practice in statistic to harmonize your data in order to make meaningful comparison.
Last thing on your last comment, I really think the GDP per capita make little sense here. Labour input is defined as total hours worked of all persons engaged in production. A GDP per capita is not measuring that.
> the GDP output per capita is about 50% greater
Let find the same thing per hours worked, without PPP adjustment.
Well, PPP is apply to every data I found. But this more recent trend might make you feel better. On 2010-USD + PPP, france went to 102 while the US is at 107. ( On the 2017-2021 period )
https://data.oecd.org/lprdty/gdp-per-hour-worked.htm
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Here is my anecdotal and personal experience. I spend half of my life in France, and the other in the US. Quality of life is comparable. French works less. Their country is not crumbling. Heck, it's in pretty good shape infra-wise.
They have billionaire and large mega corporations as well if that's a metrics. I pay similar taxes here and there.
Maybe french are annoying enough to get away with it? Maybe they are living on credit. Idk.
But also maybe the US worker are being abused and stretch tin for diminishing returns. Is that worth it for such a slim difference?