![(GDP-Public Debt) per Capita/US (GDP-Public Debt) per Capita for Selected Asian Countries [OC]](https://www.byteseu.com/wp-content/uploads/2025/03/13qr89akekre1-1536x878.png "(GDP-Public Debt) per Capita/US (GDP-Public Debt) per Capita for Selected Asian Countries [OC]")
Created in Chatgpt using data sourced from IMF and World Bank.
I wanted to see how countries grew relative to the US. I added the per capita to normalize for any population growth effects and subtracted out debt to adjust for growth since I wanted to see real growth and not any sort of deficit funded growth. Maybe not a perfect metric but it does yield some fascinating results
Posted by Dandyman51
1 Comment
Some curious things I observed were:
1. The kink in the graph for India that aligned pretty well with the election of Narendra Modi
2. The huge improvement for Vietnam over the last 25 years.
3. The huge improvement for China until about 2010 after which it has been relatively flat
4. Indonesia has a lower ratio than China when subtracting public debt but higher without it. I didn’t expect this and when you take away the debt element, China looks better. Though this does show the huge fiscal expansion China has gone through in the last decade.