People in Japan Now Less than Half US Per Capita GDP
by Brian Wang from NextBigFuture.com on (#680FT)
Japan had nominal (exchange rate per capita GDP) in 1988 that was 117% of the US level (17% higher) but this has fallen to less than half. On a purchasing power per capita income level Japan peaked at about 80% of the US level (about the level of France and the UK) but the PPP ...