"Mississippi, the poorest state in the United States, is close to surpassing Europe's largest economy Germany's GDP per capita. Euronews Business compares US states with European countries.
"The poorest US state's Gross Domestic Product (GDP) per capita is higher than that of Europe's top five economies, except for Germany. However, Mississippi competes closely with Germany, with a difference of just €1,500."
Of course, Purchasing Power Parity comparison changes the equation slightly:
"Applying this rate to Q3 2024, the GDP per capita in PPP could be approximately $60,714, though variations in definitions might affect the calculation. In this scenario, Mississippi's GDP per capita in PPP would be likely to fall slightly below the EU average but remain higher than Spain's."
When Mississippi compares favorably to the EU average....
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