Ok sure but there was a report on development of income from 2012 to 2022 or something like that it was posted maybe 2-5 months ago. Some countries have had 300-400% increase, the average somewhat less.
Norway was the only country that had had negative development of income (or purchasing power, I forget).
Anyone remember that graph?
I took away from it that while we used to have bigger salaries, that’s no longer the case.
FinancialSurround385 on
I like that they include the hours worked.
smiltainis02 on
Is anyone still buying this bs? Prices are like in West Coast, salaries like in Germany
wyldstallionesquire on
Take that, Switzerland!
Emotional-Method3990 on
Sounds like bs, I bet it’s much lower when everything is accounted for.
cyclinglad on
I am Belgian, I don’t believe for a second we are number 4
CarrotWaxer69 on
And yet we can’t afford to maintain our schools or take care of our elderly.
There should be a way to adjust these statistics for wealth distribution or income inequality.
Mr_Bob_sacamano on
Australia could be above Qatar if we actually charged foreign companies for our natural gas
Background-Ebb8834 on
Unbelievable when you know that 33000 pensioners are living below EUs poverty line. And people have to sell their jewelry to pay bills. 300 000 postpone dental appointments because of the cost. But hey – at least were giving 1% of our GNP to dictators around the world in so called aid. I’m not even mentioning the cash flow to Ukraine
„GDP per capita adjusted for costs and hours works“ seems like a meaningless parameter. I don’t think this has any value except for the novelty of Norway being at the top.
qtx on
Doesn’t mean much when purchasing power is so low.
What’s the use when you have money but you can’t buy anything or it’s all too expensive compared to other countries.
rf97a on
Don’t believe this stat
Ardibanan on
Viking power
JuniorMotor9854 on
I don’t know how this works on average workers. People who work in trades. I am a mechanic.
(I didn’t come here for the money so I am not complaining. Just giving a contrast.)
In Finland I made 3000€/month after taxes.
Now I make 4500€/49000NOK and after taxes it’s 30% less 3400€/month. If I made 4500€/month back home it would have had 20% taxes.
(I came here simply because I always wanted to move abroad and learn a new language and work in the language I simply got work offer from here before Germany which was my first choice due to affordable beer.)
1337varlor on
Maybe the state is rich, but normal working class people can barely afford to live in Oslo.
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Haha no sight of Canada 😂
All thanks to oil. 🤪🤪 drill baby drillll
Ok sure but there was a report on development of income from 2012 to 2022 or something like that it was posted maybe 2-5 months ago. Some countries have had 300-400% increase, the average somewhat less.
Norway was the only country that had had negative development of income (or purchasing power, I forget).
Anyone remember that graph?
I took away from it that while we used to have bigger salaries, that’s no longer the case.
I like that they include the hours worked.
Is anyone still buying this bs? Prices are like in West Coast, salaries like in Germany
Take that, Switzerland!
Sounds like bs, I bet it’s much lower when everything is accounted for.
I am Belgian, I don’t believe for a second we are number 4
And yet we can’t afford to maintain our schools or take care of our elderly.
There should be a way to adjust these statistics for wealth distribution or income inequality.
Australia could be above Qatar if we actually charged foreign companies for our natural gas
Unbelievable when you know that 33000 pensioners are living below EUs poverty line. And people have to sell their jewelry to pay bills. 300 000 postpone dental appointments because of the cost. But hey – at least were giving 1% of our GNP to dictators around the world in so called aid. I’m not even mentioning the cash flow to Ukraine
Norwegians themselves are [not so wealthy](https://www.visualcapitalist.com/wp-content/uploads/2023/10/Highest-Median_Mean-Wealth-2023_06.png), though.
„GDP per capita adjusted for costs and hours works“ seems like a meaningless parameter. I don’t think this has any value except for the novelty of Norway being at the top.
Doesn’t mean much when purchasing power is so low.
Norway is 49th when it comes to GDP (PPP), https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)
What’s the use when you have money but you can’t buy anything or it’s all too expensive compared to other countries.
Don’t believe this stat
Viking power
I don’t know how this works on average workers. People who work in trades. I am a mechanic.
(I didn’t come here for the money so I am not complaining. Just giving a contrast.)
In Finland I made 3000€/month after taxes.
Now I make 4500€/49000NOK and after taxes it’s 30% less 3400€/month. If I made 4500€/month back home it would have had 20% taxes.
(I came here simply because I always wanted to move abroad and learn a new language and work in the language I simply got work offer from here before Germany which was my first choice due to affordable beer.)
Maybe the state is rich, but normal working class people can barely afford to live in Oslo.