Aceticon , (edited )

The figure is quite different if you look at the growth in nominal per-capita terms rather than in percentage of initial value as any shitty-shit growth in a poor nation looks a lot more in percentage terms.

Further, I'm living in Portugal and I can tell you that at least in quality of life terms the country has been going backwards for at least a decade, even if mathematically, thanks to a housing bubble and understating housing inflation, the GDP figures produced show "Growth" which is actually just housing inflation that has not been discounted from the Nominal GDP.

The only one of the PIIGS anywhere near catching up to Germany is the Republic Of Ireland and even those have fishy numbers because of how many international companies declare the revenue of their entire EU operations in Ireland because of just how much Ireland facilitates tax evasion - a lot of the money being "made in Ireland" is neither "made in Ireland" nor does it even pass by Ireland and it being counted as Irish GDP is just an accounting artifact.

But yeah, Norway is not an EU member, as I myself pointed out in the very post you replied to.

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