America is the sick man of the advanced world

U.S. healthcare spending per capita is almost twice the average of other wealthy countries

The average life expectancy in Western Europe is 83 years, while in the US it's 77 years.

Trump's America doesn't like foreigners

Europe highlights gender rules and entry risks and Finland's advisory, updated Tuesday, advises applicants to put their gender at birth. "If the applicant's recorded gender differs from their birth sex, US authorities may deny entry."

Several European countries, including Denmark, Finland, France, Ireland, the Netherlands, and Norway, have updated their travel advisories for the US, highlighting potential entry risks for transgender individuals and those with gender identity discrepancies, due to stricter US immigration measures.

'A hostile state': Why some travellers are avoiding the US

Trump signed an order on April 2, 2025, announcing global tariffs minus Russia 

Adrian Wooldridge of Bloomberg has written "If health means wealth, as the adage has it, then America’s economic future looks grim.

Traditionally, the U.S. has enjoyed a health premium. In the colonial era, American men were on average two to three inches taller than Europeans, according to military records, a fact that fascinates historical demographers because height is correlated with longevity, cognitive development and work capacity.

Today, a premium is turning into a deficit. American men are shorter on average than Northern European men, and the gap is getting bigger. Six in 10 Americans suffer from at least one chronic condition and 4 in 10 suffer from two."

"America is a sick society,” says William Galston in the Wall Street Journal. "Literally.”

Healthcare spending per capita is substantially higher in the US compared to Europe, yet the US lags behind on metrics like life expectancy and infant mortality.

Survival in the wealthiest U.S. quartile appeared to be similar to that in the poorest quartile in northern and western Europe.

The US is the sick man of the developed world.

Americans' living standards aren't nearly as good as they like to think they are.

Health expenditures per person in the U.S. were $12,555 in 2022, which was over $4,000 more than any other high-income nation. The average amount spent on health per person in comparable countries ($6,651) is about half of what the U.S. spends per person."

US personal savings are close to rock bottom

Personal Saving Rate - in 2024, the US was at 4.6%; 15.3% in the 20-country Euro Area, and 44.3% in China.

GDP per capita April 2025: Ireland at $107.24 but is fake and Є30 thousands is correct

IMF April 2025 GDP per capita, current prices: US dollars per capita

Switzerland 111. 72; Ireland 107 .24; Singapore 93. 96; Norway 90. 35; US 89. 68; Denmark 71. 97; Netherlands 70.61. 61; Australia 67. 98; Austria 61. 08; Sweden 59. 51; Germany 57. 91. Canada 55. 89; UK 54. 28; New Zeland 48. 23; Italy 41. 71; Spain 37: 36; Russia 15. 08 and others.

In 2023 (published in mid-2024) the Irish Enterprise agency reported that €34.60 billion (Euros), in indigenous exports. There were no net data.

In 2023, the European Union (population of 449 million) and the UK (population of 68 million) bought just about €10 million from indigenous firms in Ireland.

European Union at the start of 2024: "The highest relative share of foreign-born individuals within the total population was in Luxembourg (51.0% of the resident population), followed by Malta (30.8%), Cyprus (26.9%), Ireland (22.6%), Austria (22.1%), Sweden (20.6%) and Germany (20.2%). By contrast, foreign-born individuals represented less than 5% of the population in Poland (2.6% of its resident population on 1 January 2024), Romania (3.1%), Bulgaria (3.3%) and Slovakia (3.9%)."

The Irish population was at 5.4 million in April 2024.

Mainly American firms give the impression that Ireland's per capita GDP is the second highest in the world.

It is in line with Portugal's.

Amazon's Jeff Bezos gift of $40 million to Melania Trump; Donald Trump's crypto project netted at least $350 million

Canadian prime minister Justin Trudeau slammed the US president for launching a trade war against "their closest partner and ally, their closest friend," favoring “talking about working positively with Russia, appeasing Vladimir Putin, aligning with a murderous dictator.”

Trudeau says Trump’s "dumb" tariff trade war is designed to collapse the Canadian economy.

Trudeau also rejected Trump’s repeated taunts that Canada should cede its sovereignty and join the US: “That is never going to happen. We will never be the 51st state.”

The Financial Times says "Trump’s crypto project made at least $350mn from the launch of his memecoin, a windfall that is likely to fuel concerns over conflicts of interest arising from the token. 

Digital wallets owned by the entities running the scheme earned the money from sales of $TRUMP in the three weeks after it was launched in January, according to a Financial Times analysis of blockchain data."

New York CNN — "President Donald Trump established a Strategic Bitcoin Reserve and a stockpile of other digital assets through an executive order on Thursday, shortly before hosting a crypto summit at the White House."

The Treasury Department will set up an office to administer the reserve, which will be capitalized with Bitcoin (BTC) confiscated by the government as part of criminal or civil asset forfeiture proceedings, according to the order. “Bitcoin is the original cryptocurrency,” the order said. “Because there is a fixed supply of BTC, there is a strategic advantage to being among the first nations to create a strategic bitcoin reserve.”

Zelensky for 2025 Nobel Peace Prize? as Trump takes his guide from Moscow

President Volodymyr Zelensky leaving the White House after a heated meeting with President Trump, 28 February, 2025

The Nobel Peace Prize is awarded in Norway by a five-member committee appointed by the Norwegian Storting (parliament). The first Nobel Peace Prize was awarded in 1901.

The Nobel Peace Prize is awarded on December 10th in Oslo, Norway.

Chemist, engineer, inventor, businessman, and philanthropist Alfred Nobel (1833–1896) built a fortune selling explosives and ammunition and investing in petroleum companies. Even though he sold weapons, he hoped that his inventions would eventually remove the need for wars entirely.

In his will Alfred Nobel laid out who he wanted to be responsible for the selection of the Nobel Prize laureates. The prizes were to be awarded by Swedish institutions – apart from the peace prize, whose award was to be decided by a committee of five persons elected by the Norwegian Parliament.

Norway's national assembly (Storting) declared an end to the union with Sweden on June 7, 1905.

The Nobel Peace Prize has been awarded 105 times to 142 Nobel Prize laureates between 1901 and 2024, 111 individuals and 31 organisations. Since the International Committee of the Red Cross has been awarded the Nobel Peace Prize three times (in 1917, 1944 and 1963), and the Office of the United Nations High Commissioner for Refugees has been awarded the Nobel Peace Prize two times (in 1954 and 1981), there are 28 individual organisations which have been awarded the Nobel Peace Prize. Click on the links to get more information.

Trump's appeasement is worse than Neville Chamberlain in 1938

1% of Americans get almost 33% of the wealth while 53 million (44% of all workers) have a median annual wage of only $24,000 The U.S. resembles an emerging market.

Neville Chamberlain, the British Prime Minister (1937-1940), holds up a copy of the Munich Agreement in September 1938, which he signed with Adolf Hitler.

The Munich Agreement was agreed in Munich on 30 September 1938, by Nazi Germany, the United Kingdom, the French Republic, and Fascist Italy.

At Munich, Chamberlain got an international agreement that Hitler should have the Sudetenland (Sudetenland was a region in Czechoslovakia that was predominantly German-inhabited. It was located in northern and western Bohemia and northern Moravia. In exchange for Germany making no further demands for land in Europe.)

Chamberlain said on his return home from the pact with Hitler, it was: "Peace with honour, Peace for our time."

Hitler said he had "No more territorial demands to make in Europe."

America's 1% control 31% of wealth- 50% control 6%

Elon Musk in the Oval Office, Feb. 11, about cost-cutting in the federal government.

The world’s richest man and government official Elon Musk has accused federal workers of unfairly getting rich off the taxpayers, citing, without evidence, “quite a few” with a net worth of tens of millions of dollars.

Musk’s own companies have accepted over $20bn+ in taxpayer funds in the form of contracts, tax breaks, and other subsidies.

Upgraded to $38bn according to The Washington Post on 28 February, 2025. 

“We find it sort of rather odd that there are quite a few people in the bureaucracy who have ostensibly a salary of a few hundred thousand dollars but somehow manage to accrue tens of millions of dollars in net worth while they are in that position,” Musk said.

“I think the reality is they’re getting wealthy at taxpayer expense,” he added.

The Fortune magazine said "Neither Musk nor President Trump offered any evidence of corruption or improper enrichment that might explain federal employees allegedly getting rich off their government roles, and DOGE (Department of Government Efficiency) did not respond to Fortune’s request for examples.

Europe and Britain struggle in changing markets in 2025

In Europe 2024, the STOXX 600 ended the 52 weeks with a gain of 6%, according to Reuters. The STOXX and the American S&P 500 tracked each other from the early 1990s but from about 2012, the 500 never looked back.

The Financial Times at the year-end reported that Germany has an answer to US “magnificent seven” (Alphabet, Amazon, Apple, Meta Platforms, Microsoft, NVIDIA, and Tesla).

EU house prices up by 48% in less than 10 years

In less than 10 years, between 2015 and 2023, house prices in the European Union (EU) on average rose by 48%.

The biggest increase is marked in Hungary, where prices rose 173%, and the lowest in Finland, with just 5%.

Juho Keskinen, a Finish economist, has said that the capital region of Helsinki rose to levels that are unattainable for many low and middle-income earners.”

The situation is a consequence of both wage growth and house price decreases, according to Keskinen.

"In regions where house prices have risen only modestly for an extended period of time – namely, regions outside the largest population centres – the main determining factor has been wage growth.

In Helsinki, Tampere and Turku, for example, house prices have seen more dramatic increases, as well as decreases, in recent decades."

Europe imports 80% of digital tech; trade-to-GDP ratio above 50% and German debt brake

In September 2024 Mario Draghi, the former president of the European Central Bank (ECB) presented a report on Europe to Ursula von der Leyen, head of the European Commission:

The Future of European Competitiveness – A Competitiveness Strategy for Europe.

On 26 July 2012, then ECB President Mario Draghi gave the so-called “whatever it takes” speech, which now is widely considered as the turnaround point in the European sovereign debt crisis.

Shortly after, the European Central Bank (ECB) announced the details of its outright monetary transactions programme (OMT) tool.

Germany again the sick man of Europe

Czar Nicholas I of Russia in 1853 is said to have described the Ottoman Empire as the "Sick man of Europe." 

The phrase "the sick man of Europe" appeared in The New York Times in 1860.

The empire's decline was very long and after the Second World War, France, Britain and Italy earned the label "the sick man of Europe."

In 1967 the British government devalued the pound sterling against other currencies.

Harold Wilson, the prime minister said “From now on, the pound abroad is worth 14% or so less in terms of other currencies. That doesn’t mean, of course, that the pound here in Britain, in your pocket or purse or in your bank, has been devalued.” 

In 1971 President Nixon ended the postwar system where currencies were fixed to the dollar.

In 1976 the UK government called on the International Monetary (IMF) for a bailout.

Germany

Misinformation and amnesia from the American super rich

A large-scale Bloomberg analysis reveals that Elon Musk has been spreading debunked theories of undocumented voters swaying the US election, and growing his influence in the process — making him the biggest promoter of anti-immigrant conspiracies on X, the social media platform he owns. Bloomberg's Sarah Frier joined Caroline Hyde and Ed Ludlow on "Bloomberg Technology."

If Trump loses, he and Mussk will say that hordes of migrants aided the Democrats.

"My colleagues and I recently did a major data analysis of Elon Musk’s posts about immigration and voter fraud. He frames migration to the US as something chaotic, unchecked and scary — and a tool that could be weaponized by the Democrats to rig the election in November. Musk owns X, and has more than 200 million followers. Immigration and voter fraud has become his most popular policy topic online, our analysis found."

Washington Post says Musk was an illegal alien

The Washington Post said Elon Musk denied in a late-night post having worked illegally in the United States, following the report that said Musk lacked the legal status to build the start-up that made him a millionaire in the 1990s.

“I was in fact allowed to work in the US,” Musk wrote on X, the platform he bought in 2022.

The Post says Musk has become a vociferous critic of the administration’s handling of immigration, decrying what he calls “open borders” and warning of the perils of illegal immigration. On his X feed he often laments the flood of “illegals” and baselessly alleges that it is part of a massive voter importation scheme.

President Biden on 26 October: “That wealthiest man in the world turned out to be [an] illegal worker here when he was here,” he said in Pittsburgh.

Biden added “I’m serious. He was supposed to be in school when he came on a student visa. He wasn’t in school. He was violating the law. He’s talking about all these illegals coming our way?”

In a 2005 email obtained by The Post, Musk wrote about his arrival in the United States in 1995.

He had applied to a Stanford University graduate program, which he did not end up attending, so he could stay in the country.

“I had no money for a lab and no legal right to stay in the country, so that seemed like a good way to solve both issues,” Musk wrote.

According to federal immigration regulations that were in effect in the mid-1990s, foreign students with a J-1 visa were allowed to work only in limited circumstances if they were in “good academic standing” and pursuing a “full course of study.”

Musk has previously said: “I was legally there, but I was meant to be doing student work. I was allowed to do work sort of supporting whatever."

Like many Irish students, I had a J-1 visa, but it was not for permanent residence. 

Musk, a South African native, did not attend Stanford classes when he arrived in Palo Alto in late 1995; instead, he worked to build a company.

This means that he was in the US as an illegal alien.

Ireland's GDP per capita at $39,000 in April 2024, Denmark at $69,000

GDP per capita, current prices

US dollars per capita

The International Monetary Fund (IMF) in April 2024 published a ranking of GDP (Gross Domestic Product). The deep green on the map shows what are called 36 Advanced Countries.

The first two are anomalies. In Luxembourg, almost half the workforce lives in neighbouring countries while Irish data are about three times the reality because of foreign multinational distortions.

1) Luxembourg: 131,38 thousand; 2) Ireland: 106.06; 3) Switzerland: 105.67; 4) Norway: 94.66; 5) Singapore 88.45; 6) United States 85.37; 7) Iceland: 84.90; 8) Denmark: 68.90; 9) Australia: 66.59; 10) Netherlands: 63.75; 11) Austria: 59.23; 12) Sweden: 58.53; 13) Belgium: 55.54; 14) Finland: 55.13; 15) Canada: 54.87; 16) Germany; 54.29; 17) Isreal: 53.37; 18) United Kingdom: 51.07; 19) New Zealand 48,53; 20) France: 47,36; 21) Malta: 41.74;

Under 40,000:

Vienna again crowned world's most liveable city, Dublin dips to 39th ranking

Vienna again crowned as the world's best city for quality of life, in 2024

Time and again, Vienna, the capital city of Austria, has been voted the city with the best quality of life in the World.

The City of Vienna Government says "At the beginning of 2023, 1,102,570 Viennese were of Austrian origin, while 879,526 were of foreign origin. The main countries of origin of Viennese who are foreign nationals or were born abroad have hardly changed over the past years: at the beginning of 2023, 100,199 people originated from Serbia, 75,907 from Turkey, 69,265 from Germany and 55,151 from Poland.

The current metro area population of Vienna in 2024 is 1,990,000.

The annual Global Liveability Index ranks the liveability of 173 cities across five key categories: stability, healthcare, culture and environment, education and infrastructure.

The 2024 survey saw a rise in the average scores, driven by gains in healthcare and education across developing countries. However, this has been largely offset by declines in scores for several top-tier cities.

According to the survey from the Economist Intelligence Unit (EIU), a unit of The Economist, Vienna is the world's most liveable city. At the same time, Dublin earned a 39th ranking, falling 7 ranks  — and the third biggest drop among any country.

Brussels has dropped five places, from 30 to 35. This is one of the biggest declines in the Liveability Index for 2024.

In Age of Conflict only 7.8% of World Population in Full Democracies

In 2024 there are only 24 Full Democracies in the World — 15 of them are in Western Europe. There is one in North America (Canada) and Africa (Mauritius); Two in Latin America and the Caribbean (Uruguay and Costa Rico); and 5 in Australia/Asia (Japan; Taiwan; Australia; New Zealand; and South Korea).

The far-right will have about 170 seats in the 720 European Parliament (about 24%). According to Parliament's rules, a political group shall consist of at least 23 Members elected in at least seven Member States. Alternative for Germany (Alternative für Deutschland, or AfD) has 15 seats but needs a group.

European malaise

In 1997 in the UK when the Labour Party won power after 18 years of Tory rule, the GDP (gross domestic product) of the United Kingdom was valued in dollars at $1.56 trillion while the GDP of China was $962 billion and India's valued at $416 billion,

The grim fifties in Ireland and Cork City

St Patrick's Street, Cork, in the 1950s

Over 500,000 people left independent Ireland between 1945 and 1960. The 1961 Irish Census of population at 2,818, 341 was lower than the 1926 Census. The latter was the first Census of the Irish Free State.

The 1950s: “It Was a Great Time in America” but "Between 1946 and 1961, 531,255 people, almost 17% of the population, left Ireland. Forty per cent of those between the ages of 10 and 19 in 1951 were gone by 1961. Most of the migrants went to Great Britain, but 68,151 left for America during and after World War II (1941–1961).

This piece is an addendum to a personal piece I wrote last year: Michael Hennigan's year of 1953 and 70 years later

Recently I located Google photos of Geraldine Place, which was in the centre of industrial activity in the City of Cork, Ireland.

The rich countries immigration boom and housing crises

EU

According to Eurostat in 2022, legal net migration was 5.1mn people, who immigrated to the EU from non-EU countries, while 1.0mn people emigrated from the EU to destinations outside the EU.

The inflow of immigrants from non-EU countries more than doubled compared to the estimated 2.4mn in 2021. Conversely, the number of EU residents emigrating to countries outside the EU remained stable, with 1.0mn emigrants in 2021.

Note: Bulgaria, Poland, Portugal, Slovakia, Finland, Sweden and Liechtenstein did not include refugees from Ukraine who benefit from temporary protection in their population and migration statistics.

1.5mn people previously residing in one EU Member State migrated to another Member State in 2022, an increase of around 7% compared with 2021.

27.3mn people (6.1%) of the 448.8mn people living in the EU on 1 January 2023 were non-EU citizens (the total of foreign-born is double-see below).

The Irish Government has said "Since February 2022 just under 107,000 people have arrived in Ireland as Beneficiaries of Temporary Protection following Russia’s invasion of Ukraine. In 2023 approximately 13,000 people applied for International Protection (asylum) in Ireland."

Smart City Index 2024: Dublin at 69th ranking among 142 cities

Michelangelo Buonarroti (1475-1564): His cities were Florence and Rome*

IMD World Competitiveness Center (International Institute for Management Development is a business school with campuses in Lausanne, Switzerland and Singapore). 

"Smart cities are a fast-growing species, and a fascinating field for new experiments in a number of critical areas, ranging from urban planning, sustainable energy, and transport strategies to social integration and talent attraction, to name a few. 

As leaders and citizens around the world continue to assess, design, implement and improve on ways to create better cities, they often find themselves confronted with a multitude of decisions and a wide range of partial solutions to specific problems such as traffic congestion, waste management and crime."

Ireland’s dual economy: divergent performance, lowest export rate in EU

"Ireland now is one of the top 10 investors in the United States’ economy," President Biden said at the 2024 St Patrick's Celebration. In 2022 the amount was almost $300bn and $431bn for Germany. This Irish yarn is about redomiciled US firms for tax purposes, not the small number of Irish multinationals.

Irish multinationals with market cap €10bn+: CRH plc (1970) from merger Cement Ltd (1936) & Roadstone Ltd (1949) market cap €54bn; Ryanair (1985) €24bn; Kingspan (1965) €15bn; Kerry Group (1972) €14bn; Smurfit Kappa (1934) €11bn.

Micro: enterprises with less than 10 persons employed;

Small: enterprises with 10 to 49 persons employed;

Medium: enterprises with 50 to 249 persons employed;

Large: enterprises with more than 250 persons employed.

According to the Central Statistics Office (CSO) there were 11,785 exporting enterprises in 2022 i.e. with goods exports of over €1,000 in the year. (The minimum level is farcical.);

There were just 469 large exporting enterprises (with over 250+ employees) but they accounted for 79% (almost €161bn) of all exports in 2022. These large enterprises comprised only 4% of all enterprises;

There were 11,314 SMEs exporting goods in 2022. The total value of their exports was €38.3bn or 19% of total exports. This includes 6,917 micro-enterprises, which exported €10.1bn of goods;

Micro enterprises accounted for 59% of the number of exporters, but only 5% of the value of goods exported.

The 2021 EU chart above shows that from Micro to Medium the rate of 21% (19% on the bottom of the page) exporting was the lowest in the 27-member European Union and the highest at 79% for Large companies.

Small and medium enterprises in The Netherlands and Denmark have export rates of 60 and 50%.

The average reported turnover for the 12 months up to and including September 2022 was €4.03mn. This was €792,000 for Micro companies and €4.05mn for small-sized enterprises, while medium-sized companies reported an average turnover of €9.99mn.

Gross Value Added (GVA- see below) per person employed for large Irish-owned enterprises (250+ persons employed) was €68,993 but rose to €369,918 when foreign-owned large enterprises were included.

According to the CSO, a third of employment in Foreign-owned firms in Ireland is in SMEs.

Foreign-owned firms accounted for €332.1bn - an increase of 9.0% over 2020. This represents 86.6% of total sales related to government agency's clients in 2021.

Sales for Irish-owned firms increased by 13.1% between 2020 and 2021, amounting to €51.4bn or 13.4% of total sales.

(See below that other Foreign-owned firms import and sell in the Irish market.)

FT 1000 in 2024 tracks Europe’s fastest-growing companies

Raylyst Solar, a Prague-based solar panel distributor, heads the eighth annual FT 1000 ranking with a Compound Annual Growth Rate (%) of 824.4%. The company says "We are a leading distributor of photovoltaic products for the European region. We provide the highest quality solar panels falling into the Bloomberg Tier 1 category, as well as inverters and battery systems from verified manufacturers in the market."

Adagio of France, primarily sells to the digital advertising industry. It was founded in 2012 and is ranked second with a CAGR of 582.6%, followed by an Italian digital ad agency. Bidberry has 424.4% growth.

The FT 1000 ranking produced by the German statistics firm, Statista, highlights the European companies that have grown fastest.

They rank from the highest compound annual growth rate (CAGR), in revenue from 2019 to 2022. This year, a minimum average growth rate of 36.9% is required for participation.

Ireland's GDP per capita in 2023 at €30,000 - Denmark at €69,000

ECB: (European Central Bank): Intangible assets of multinational enterprises in Ireland and their impact on euro area GDP

The 20-country Euro Area has a population of about 348,000,000 and the EU is at 448,000,000.

The Irish population in December 2023 is estimated to have been 5,330,000.

Denmark in 2023 had a euro income per capita of €69,100. It is the most prosperous country in Europe (absen shenanigans) with a population close to 6mn.

A phantom Contract Manufacturing /Goods for processing was to be among MNC (multinational) deductions made in 2017. It was to be deleted from the headline GDP to produce a Modified General National Income (GNI*).

However, it got worse every year between 2017-2023 (see the chart above).

Irish Government may have nixed a key remedy for 'Leprechaun economics'

GDP (Gross domestic product) was falsely boosted in 2022 by €143bn and €115bn in 2023.

I deducted €115bn from the GNI* and the Irish income per capita was about €30,000 in 2023.

The notion that Ireland is among the richest in the world, would earn a Piseóg (an Irish curse) from many Irish people.

Denmark ranked 9th among the 132 economies featured in the Global Innovation Index 2023. Ireland has a small innovation base.

In 2023 Denmark's flagship drug firm Novo Nordisk, became Europe's most valuable company. In early March 2024, Novo Nordisk was the 12th most valuable company in the world, with a market cap of $604bn.

Competition for obesity drugs will bring down current high valuations enjoyed by Novo Nordisk and Eli Lilly. However, Denmark has been a pioneer in developing commercial wind power since the 1970s and Denmark is the world's fifth-largest maritime shipping nation.

It's 39 years since the birth of a significant multinational in Ireland: Ryanair the largest airline in Europe both in terms of fleet size (527 aircraft) and routes served (1,831).

(Provisional data on the Irish National Accounts have been published, and final figures will be published next July.)

Ireland once had a significant pharmaceutical company, at the turn of the century. It was founded by an American in 1969 and in the late 1990s, its value on the Irish Stock Exchange reached over €20bn. In 2001 Élan Corporation was the world's 20th-largest drug company.

In January 1984, Élan became the first Irish company to secure a public listing in America, floating on the NASDAQ. In 1990 Élan became the first Irish company to list on the New York Stock Exchange.

In 2002 a corrupt plan by executives was revealed. They had agreed on complex joint-venture agreements with 55 companies. By keeping the company’s stake in each of these vehicles below 20%, Élan was able to keep their poor results off the corporation’s income statements. There were problems with products and by 2013 several units had been sold and the company was acquired by an American firm. The price was €6.5bn.

Global Finance magazine has the 10 richest countries in the world in 2024 with Luxembourg, Ireland, and Singapore in the lead. Switzerland has a 6th ranking and Norway is at 9th. The United States is 10th.

Denmark with a population of 5,911,000 has an 11th position at $75,000 or €69,100.

GDP-PPP (Purchasing power parity) per capita ($): Luxembourg $143,304; Ireland $137,638 and Singapore is at $133,108.

Both Ireland and Luxembourg are anomalies.

About 75% of Luxembourg's workforce comprises immigrant workers or cross-border commuters. The share of cross-border workers has increased from 3% in 1961 to 47% in 2023; nearly one in two cross-border workers comes from France.