GDP, average wealth and median wealth - what do these tell me?

Anonymous
Anonymous wrote:What would you conclude from the figures below? I'm trying to understand how they relate to each other and what overall picture they paint.

GDP per capita is $89,599 in the US and is $65,946 in Australia. So it is 36% higher in the US.
Average wealth is $565,000 in the US and $546,000 in Australia. So it is 3% higher in the US.
Median wealth is $112,000 in the US and $262,000 in Australia. So it is 134% higher in Australia.


If you are part of the wealthy elite, you want to be in the US. Everyone else, you are better off in Australia.
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