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On average, do middle-income people in the U.S. consume more goods and services per person than the national averages in most other affluent nations?

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According to the latest available data, middle-income people in the U.S. have higher average consumption per person than the national averages in every other nation of the world. This consumption of goods and services, which is the World Bank's "preferred welfare indicator," is adjusted for purchasing power to measure tangible realities like square feet of living area, healthcare services, smartphones, etc. Thus, an apple in one nation is counted the same as an apple in another. By this measure, even the poorest 20% of U.S. residents consume more goods and services than the national averages for all people in most affluent countries. This includes the majority of countries in the prestigious Organization for Economic Cooperation and Development, such as Denmark, Japan, Portugal, and New Zealand.

DocumentationInternational Living Standards



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